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Leading cryptocurrency projects like Bitcoin, Ethereum, and even Yearn.Finance will now cost you thousands of dollars just to buy a single token.
Sure, you can purchase a fraction of one token via an online broker or exchange — but why not consider a cheap cryptocurrency instead?
In this article, we discuss the five best cryptocurrencies to buy now in 2022 at $1 or less, so that you can purchase a large quantity of tokens with a small capital outlay.
The five best cryptos to buy now 2022
The list below highlights five of the best cryptocurrencies to invest in 2022 with a small amount of money. Crucially, all tokens are priced at less than $1.
- Lucky Block – Best new cryptocurrency to buy in 2022
- Shiba Inu – One of the cheapest cryptocurrencies to Buy
- Dogecoin – Cheap cryptocurrency to buy, with huge upside potential
- Stellar – Most promising cryptocurrency to buy at sub-$1
- The Graph – One of the most popular cryptocurrencies to buy this year
>>Click here to access the best crypto to buy now<<
Your capital is at risk
You should never buy a cryptocurrency just because it’s cheap. As such, in the sections below, we explain why we think the above five projects represent the best cryptocurrencies to buy in 2022.
A closer look at the best new crypto to buy
In the subsequent sections, you will find a detailed evaluation of the five best cryptocurrencies to invest in 2022 on the cheap.
Be sure to perform your open market analysis and independent research before proceeding.
1. Lucky Block – best new cryptocurrency to invest in this year
Although Lucky Block is offering a super-low entry price during its pre-sale launch, which will conclude on 1 February, this project is much more than just a cheap cryptocurrency.
Sure, as of writing, you will only pay the equivalent of $0.19 per token to gain access to the pre-sale. But Lucky Block could be worth significantly more in the near future, as its business model is solving a real-world problem. Put simply, the team behind Lucky Block is set to revolutionise the lottery sector through decentralisation, blockchain, and smart contract technology.
In other words, Lucky Block will offer lottery games to people from all corners of the world without requiring players to go through an intermediary. Moreover, all participants of Lucky Block games can feel 100% confident that outcomes are legitimate and proven for fairness.
After all, lottery numbers are generated by smart contracts that cannot be manipulated. Smart contracts are also publicly viewable, so Lucky Block operates in a completely transparent environment.
You can buy from just 0.16 BNB worth of Lucky Block during the pre-sale. Instructions on how to complete your purchase can be found further down in this article. You can also stay updated by joining the Lucky Block Telegram group.
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Note: Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection
2. Shiba Inu – One of the cheapest and best meme coins to buy now
Shiba Inu has performed wonders since launching in 2020, with the token increasing by an estimated 70-million percent from its initial listing price. As such, not only is Shiba Inu one of the best new cryptocurrencies to buy in 2022 for growth performance, it’s super cheap too.
Crucially, this project has created a total of one quadrillion tokens, which is significantly more in comparison to the likes of Bitcoin at 21 million BTC. A direct result of this is that even though Shiba Inu is worth several billion dollars, a single token trades at just over $0.00002 as of writing.
Put otherwise, if you were to invest $500 into Shiba Inu at current pricing levels, you should expect in the region of 25-million tokens to arrive in your wallet. Therefore, you don’t need a lot of capital to build a huge allocation of Shiba Inu.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.
3. Dogecoin – cheap cryptocurrency with huge upside potential
Dogecoin is also one of the best cryptocurrencies to invest in in 2022 if you’re looking for a good deal. Prior to 2021, this digital token could be purchased at just a fraction of one cent. However, since Elon Musk began his pro-Dogecoin stance, the cryptocurrency has hit highs of $0.73.
The good news, however, is not only that Dogecoin is still trading below $1, but the digital asset has since dropped in value to sub-$0.20. As such, this is a cheap cryptocurrency that you can buy at a heavily discounted entry price.
Although the future of Dogecoin remains unclear — not least because its recent success is arguably a result of hype and speculation — strong proponents of this crypto asset believe that it could one day hit a token price of $1.
There is however no guarantee that this will happen, so if you do buy Dogecoin, it’s a good idea to consider diversifying across some of the other best altcoins that we discuss on this page.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.
4. Stellar – most promising cryptocurrency to buy at sub-$1
Stellar is somewhat of a sleeping giant, insofar that at a market capitalisation of just over $6-billion, this project is arguably undervalued.
Crucially, Stellar offers proprietary network technology that can facilitate cross-border payments between two or more fiat currencies in a rapid and low-cost nature. For instance, the network charges just 0.00001 XLM per transaction, which, as of writing, amounts to the equivalent of $0.0000025.
Moreover, regardless of where the sender and beneficiary are located, transactions rarely take more than four to five seconds to process. Lumens, which is the native cryptocurrency of the Stellar network, is available to buy for just $0.25 per token as of writing.
This means that an investment of just $100 would enable you to purchase 400 Lumens tokens.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.
5. The Graph – one of the most popular cryptocurrencies to buy this year
Next up on our list of the best new cryptocurrency to buy in 2022 at a cheap price is The Graph. This innovative project was first launched in 2018 and it allows external blockchain networks to index data.
When you consider just how many transactions the entire blockchain industry processes each and every second, The Graph solves a real-world problem. Not only does this blockchain project have a bright future ahead of it, but its GRT token is trading at a mere $0.54 as of writing.
In terms of past performance, this popular cryptocurrency experienced an initial rapid spike in pricing when it was first launched, going from $0.26 to highs of over $2.30. However, the price of this token has since cooled off subsequently, allowing you to enter the market at a huge discount.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.
How to buy cryptocurrency
If you have decided which cryptocurrency to buy moving into 2022, the next step is to decide how much to buy and which crypto exchange or broker to use for the job.
If you’re new to investing in digital assets, the guide below will show you how to access the best altcoins to buy right now.
How to buy Lucky Block
Lucky Block can be purchased at the equivalent of just $0.19 as of writing, based on its pre-sale launch price. You must, however, pay for your purchase with a wallet that has a balance of BNB tokens.
- Step 1: Visit Lucky Block Portal: For its pre-sale launch, Lucky Block has created its own secure portal to facilitate token purchases. Therefore, the initial step is to visit the Lucky Block presale website.
- Step 2: Connect BNB Wallet: As noted above, you need BNB to buy Lucky Block. As such, click on the Connect Wallet button and choose the wallet provider that you currently have BNB tokens held in.
- Step 3: Choose investment amount: You will now be asked to stipulate the number of Lucky Block tokens that you wish to buy. The amount needs to be stated in BNB and you will get an equivalent amount in Lucky Block.
- Step 4: Buy Lucky Block: The final step will require you to authorise the transaction via your wallet. In doing so, the BSc contract will transfer the Lucky Block tokens to the said wallet.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.
How to buy cryptocurrency on eToro
Interested in how to buy Bitcoin or looking to buy one of the other cryptocurrency projects discussed today? If so, follow the steps below to buy your chosen token via eToro, which requires a minimum investment of just $10.
- Step 1: Register With eToro: You can open an account with eToro by entering your personal information and choosing a username and password.
- Step 2: Add Funds: Before you can access the best cryptocurrency to buy now, you need to deposit some capital. Choose a debit or credit card to have your deposit processed instantly.
- Step 3: Search for Crypto: Search for your chosen digital asset and click on Trade.
- Step 4: Buy Crypto: Let eToro know how much money you want to invest and click on Open Trade to complete your investment.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Conclusion
Irrespective of which cryptocurrency you decide to buy, make sure that you diversify well to mitigate your long-term list.
If you’re looking for the best crypto to buy now 2022, consider Lucky Block via its pre-sale.
Although the project is close to reaching its hard cap total, you can still buy Lucky Block at the BNB equivalent of just $0.19 per token.
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Cryptoassets are a highly volatile unregulated investment product, with no UK or EU investor protection.