Top 6 Cheapest Cryptocurrencies to Consider Investing in 2024
The crypto industry now offers a wide range of investment opportunities to ensure no one is left behind. So whether you have millions of dollars or just a few coins, there is an investment opportunity waiting for you in the crypto market. In this article, we will take a look at some of the cheapest yet promising digital currencies you can consider investing in 2024.
Top 6 Cheapest Crypto Assets to Invest in 2024
Ripple (XRP)
XRP’s ability to process transactions fast makes the token stand out among its competitors. Moreover, its low market capitalization ($35.12 billion) suggests that the digital currency has the potential to continue rising. Since launching in 2014, XRP’s price has grown by 24,054%.
Where to Buy XRP
If you wish to buy Ripple’s XRP, you can do so on Coinbase. We chose Coinbase since it has a user-friendly interface, allowing beginners to purchase cryptocurrencies with ease. The exchange supports several payment methods, including debit cards, bank transfers, and crypto transfers.
Cardano (ADA)
Cardano developers are determined to ensure that the blockchain ecosystem is more sustainable. That’s why they keep launching innovative services. Per data on CoinGecko, ADA has a market capitalization of $18.05 billion. The token has seen a price surge of 2,270% since launching in 2020.
Where to Buy ADA
You can purchase Cardano on Kraken at relatively low fees. Moreover, the crypto exchange is popular for employing proper security measures to ensure user funds and data are secure. Kraken offers support for a wide range of deposit methods, such as mobile payments, bank transfers, and debit cards.
Dogecoin (DOGE)
Dogecoin, a token that started as a joke, has grown to have a strong community behind it. Even without real utility, the meme coin has witnessed massive adoption over the years. It now has a market cap of $13.90 billion. Since hitting the market in 2015, Dogecoin has appreciated by 112,135%.
Where to Buy Dogecoin
DOGE is available in the largest crypto exchange by market cap, Binance. Given the high liquidity on this platform, expect transactions to be seamless when buying DOGE. You can purchase the meme coin using your debit card or transferring ETH or USDT to your Binance account.
TRON (TRX)
TRON aims to decentralize content creation and digital entertainment in the coming years. At the moment, the crypto project runs a program called “HackaTron” to support innovations in the GameFi and DeFi spaces. TRON’s native token, TRX, has a market cap of $9.37 billion. Since entering the market in 2017, its value has skyrocketed by 5,763%.
Where to Buy TRX
You can purchase TRX on KuCoin at a low fee (0.10%). Besides TRX, the crypto exchange lists over 800 other cryptocurrencies, making it ideal for traders who want to trade altcoins. KuCoin was launched in 2017.
Polygon (MATIC)
Polygon, one of the first Ethereum scaling solutions, has made it easy for developers to launch decentralized apps due to its low gas fees. The network’s native token, MATIC, has witnessed tremendous growth since its launch in 2019. The crypto asset has surged 27,986% over the past four years. MATIC now has a market cap of $8.18 billion.
Where to Buy MATIC
MATIC is available on the fast-rising crypto exchange BingX, which caters to both beginner and experienced traders. To buy MATIC on BingX, you only need to link your debit card with the platform. Alternatively, you can deposit USDT and then exchange it for MATIC in the spot market.
Shiba Inu (SHIB)
This is another meme coin that continues to be popular among crypto enthusiasts. SHIB has a market cap of $5.91 billion. Since being introduced in 2020, the token has seen its price grow 17,797,538%.
Where to Buy SHIB
You can buy Shiba Inu on the fifth-biggest exchange by trading volume, OKX. The platform allows users to deposit more than 30 fiat currencies, which they can use to buy the meme coin.
It is worth mentioning that this article doesn’t constitute financial advice. So, do your homework before investing in any of these cryptocurrencies.
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