If you are looking to invest with the hope to earn good (not mutual funds good, but better) profits this year, cryptocurrency is one of the best options. Crypto investments have already made a lot of people very rich. Millions of people, including both experienced and novice investors, worldwide are now investing in cryptocurrencies.
Whether you’re just starting out in the crypto industry or looking for a high profit, a low-cost cryptocurrency that can give you long-term profits, you’re at the right place. In this article, we will talk about a number of top cryptocurrencies that you can buy for $1 or less and earn significant returns in some time.
Before you start looking for the best cryptocurrencies to invest in, you must understand that not all cryptocurrencies are created equal, and there are certain things that make one coin different from others. You have to learn to identify those things.
Through our extensive research of the market, here we have prepared a list of the top 7 cryptocurrencies for investment in 2020.
1. QuantStamp (QSP)
QuantStamp (QSP) is arguably the first protocol used to audit cryptocurrencies and smart contracts for security loopholes. It allows developers and companies to test a new or existing smart contract for various security parameters to protect from hacking and similar threats.
QuantStamp (QSP) is ideal for long term investors who are looking to invest in the project more than the currency. It gives away coins through regular airdrops. The value of QuantStamp is dependent on the ETH value, and the best time to buy is when the price is low. It’s the perfect cryptocurrency to buy under $1 and earn profits in the long term.
2. Titan Coin (TTN)
Titan coin is the native cryptocurrency of the titan projects ecosystem, which is a community-driven platform for a high-end blockchain system, projects, and crypto transactions. The best thing about TTN is that it comes with its own set of use cases in the form of a number of in-demand apps that will be launched later on.
Since TTN is still a new coin, you can buy it currently at a very low price, in the range of $0.0016 — $0.0030 from a number of top crypto exchanges. Then, hold the coin for at least a few months and wait for the price to go up, which will happen once the projects are launched in the market later this year.
I am sure you must have heard about this coin, which has been in the top 50 list of coinmarketcap for more than a year.
The IOTA cryptocurrency was created by the IOTA Foundation, which also launched a Data Marketplace to allow organizations to buy/sell or exchange data to earn profits. Of course, all the transactions are performed through the native cryptocurrency and there is no transaction fee for transactions. IOTA is one of the best cryptocurrencies to buy this year.
4. Ardor (ARDR)
Ardor aims to enable businesses to leverage the most benefits of blockchain technology by easily integrating it into their own systems and operations. It offers blockchain as a service, where companies of any size and type can avail the technology and customize it for their own purposes and goals.
There is a dedicated cryptocurrency/altcoin that oversees all the transactions within the platform and ensures transparency in the system.
5. Nem (XEM)
The New Economy Movement (XEM/NEM) is a blockchain project that aims to enable businesses and startups to build their own DApps (decentralized applications) just like Ethereum smart contracts.
The platform can be used by anyone to build decentralized apps. Similarly, you can invest in the XEM coin and get significant returns from its value. Both the demand and value of the NEM platform are going to increase in the coming days. In addition to secure crypto transactions, the platform can also be used to exchange encrypted messages for secure communication. The multi-signature transaction feature of NEM protects your data from hackers.
6. Ravencoin (RVN)
Inspired by the popular TV series Game of Thrones, this coin is designed to store and convey a transparent means to know which user owns what asset/s. In the TV series, ravens are used to communicate secretive messages from one place to another. Similarly, the coin can be used to transmit private data and assets in a completely secure and transparent manner.
The success of Ravencoin is almost guaranteed as many leading companies and investors, including the CEO of Overstock, are associated with the project.
7. Stellar Lumens (XLM)
Even though the price of XLM is below $1, the market cap is one of the largest ($1,41,00,60,098 USD ~ 1,43,437 BTC) at the current time, making it one of the best cheap cryptocurrencies for investment.
XLM supports quick processing of cross-border payments at a relatively lower cost. Transactions worth billions of dollars are performed per year in this cryptocurrency, making it one of the best cheap cryptocurrencies for investment in 2020.