2018 wasn’t a good year for cryptos. Between January and December, every coin lost significant value, with many falling to ridiculously low prices. However, there’s a more positive outlook for 2019, with many stating that the industry should record massive improvements and cryptos enjoy decent price increases.
Investment analysts and experts are particularly advising new investors to spend their investment dollars on crypto projects with good future prospects. This way, they can grow alongside the project, and make their fortunes from them.
While many people currently recommend investing in the most popular cryptocurrencies –Bitcoin, Ethereum and Litecoin- we believe these are quite expensive.
Buying huge quantities of these is going to be impossible for the average retail investor. This is why we have compiled a list of the most promising crypto projects under $10 for 2019.
These projects all have solid use cases, possible future applications and are on the cusp of significant price growth. Many are still working and keeping up with their roadmaps even with their current price dips. As always, the onus lies on you to do your research before investing in any of these. That said, let’s jump right in.
One of the better performing cryptocurrencies, Tron has managed to stay solid through the bearish trends. It was able to do this, thanks to a number of major partnerships with known companies, the release of its mainnet and exchange, as well as the completion of major milestones.
Tron’s ultimate goal is to build a decentralized internet, where content creators can be directly compensated for the use and consumption of their content instead of through third parties like Facebook and Youtube.
To help accelerate that, the company purchased BitTorrent and went on to launch Project Atlas. Transactions on the platform are fast and instant, with the network executing 2000 transactions per second (TPS).
Tron’s token –publicly listed as TRX- currently trades for less than 3 cents (was trading at 30 cents at the peak of the crypto market’s bullish run). With the foundation’s achievements and growth, we expect that it should easily grow in value over the course of the year.
So, this would be a good buy right now, if you’re looking for an excellent deal. The team, led by Justin Sun, has shown that they are serious and likely to be around for a while. As far as we’re concerned, this is a real project and one you should consider investing in.
Another promising crypto project, this is currently the second most valued cryptocurrency, after bitcoin. The project is designed to help facilitate and execute cross border transactions instantly and at very cheap rates.
This way, the unbanked and banked can easily send money to each other without all the delays associated with international wire transfer or high charges for money transfer services like Western Union and MoneyGram.
Just like Tron, Ripple entered into strategic partnerships with Fortune 500 companies; a move that triggered its massive adoption by many. It also hopes to remain free of the SEC’s interference by simply avoiding the issuance of initial coin offerings.
The crypto is currently priced at less than 35 cents each –traded at over $1 in January of 2018. While it may not have huge growth potential like some other tokens, this will make for an excellent conservative crypto token to add to your investment portfolio.
Commonly referred to as the Chinese ethereum, this is operating slightly different from ethereum. Of course, they share a few similarities, but NEO distinguishes itself through its ability to transfer non-digital assets.
The platform makes use of smart contracts and two-tier payment systems too. Currently trading for less than $10, this would make for a good addition to your crypto portfolio –if you don’t mind its Chinese origins.
At the height of the crypto market, 1 NEO was trading at over $130. NEO is going to be around for a long while because the Chinese are largely responsible for its growth and popularity.
Founded by Richard Hoskinson, Cardano is a spin-off of ethereum, which hopes to be everything ethereum can’t be. Its creators built it to correct all of ethereum’s flaws, thus making it a worthy competitor with ethereum.
If it attains its full potential, it might become an “ethereum killer”. The platform currently encourages dApps development and smart contracts deployment.
The ability of the platform to execute smart contracts at any point is the reason it stands out from many other crypto projects. Cardano is currently trading at less than 5 cents –down from an all-time high of 40 cents.
The project has a lot of potentials and is poised on achieving set milestones. The team is currently working hard to stick with the roadmap, and achieve them in record time. If you’re looking for another cheap crypto with potentially high returns on investment, Cardano is another one to check out.
Short for VeChain Thor, this was founded by the VeChain Foundation on the ethereum platform and designed to provide smart contracts services to enterprise entities. This basically positions it as a blockchain as a service (BaaS) entity that companies can utilize for their transactions.
Its primary focus is the large scale execution of smart contracts as evidenced in the Internet of Things (IoT) setups. As an enterprise-grade blockchain solution, it’s a highly secure platform that’s capable of handling huge supply chains.
Currently trading at $0.004, this is a potentially good investment for savvy crypto investors as it’s very easy for you to earn significant returns on investment.
This crypto project is largely focused on the Internet of Things (IoT). It uses a different protocol for its execution called the Tangle. This makes it an incredibly useful platform for fast machine-to-machine transactions.
Its unique use case is the reason why it’s a very viable crypto project that you should look out for. Tangle, the platform powering IOTA is currently being tested with Bosch. If the testing proves successful, we’re likely to see the value of the token jump significantly. It’s currently trading at 30 cents. This means it still has a lot of room for growth and increase in value.
This is a platform dedicated to the development of tokens in a manner similar to ethereum. But that’s where the similarities end. Its user interface is incredibly easy to use, which is one of the reasons for its rapid adoption by developers.
In 2018, the platform added a smart contract functionality, essentially making it a complete system where people can create their tokens, set up smart contracts to automate the process of delivery and raise their funds too.
As a self-sufficient platform, it has distinguished itself from similar projects. Token creation on the platform is very easy, and users can also list their tokens on their native decentralized exchange.
Currently priced at less than $3, increased adoption could see this increase in value. The project’s team is actively working on its further development, which means it will be around for a long time.
Binance Coin (BNB)
This is the native token of the Binance crypto exchange platform. The company has enjoyed tremendous growth since its establishment in 2017, becoming one of the biggest platforms in a short time.
The company created its token to increase liquidity on the platform, as well as help facilitate transactions. Binance Coin is largely a utility token and will continue to function and grow in value.
Currently priced at less than $10, it’s a good buy for conservative investors looking for relatively stable coins to add to their portfolio.
This is the protocol powering many decentralized exchanges. Its use case involves allowing people directly trade ERC-20 tokens on the ethereum platform. Its potential for growth lies in it being the primary protocol for decentralized exchanges.
Due to increased regulation, we’re likely to see an explosion in the number of decentralized platforms. This means that 0X is likely to become the protocol of choice when that time comes.
The increased demand will obviously result in significant growth and value increase. Currently priced at less than 30 cents, this could be a great token to invest in.
Basic Attention Token (BAT)
The native token of the privacy-based Brave Browser, BAT is gradually gaining momentum and enjoying fast adoption, thanks to an increase in the number of people using the browser.
The browser is fast becoming a favorite because of its ad blocking technology, security, and privacy. With more people seeking privacy and wanting to protect their online footprints, Brave Browser is likely to continue growing in popularity.
The token is currently priced at less than 15 cents, and will most likely appreciate in value, once Brave Browser is properly evaluated.
The views and opinions expressed in the article Top 10 Cheap Cryptocurrency Coins Under $10 USD to Buy in 2019 do not reflect that of 48coins.com nor of its originally published source. Article does not constitute financial advice. Proceed with caution and always do your own research.