The dynamic nature of the cryptocurrency market attracts individuals drawn to innovation and technological advancement. Among the myriad of digital assets, a subset of cryptocurrencies remains affordable, trading under $1, yet carrying significant potential.
These assets often represent early-stage projects, which can pave the way for future advancements in blockchain technology. While price alone doesn’t determine the value of a cryptocurrency, many believe these low-cost tokens provide an entry point into the evolving world of decentralized systems.
One noteworthy project in this realm is EarthMeta, a blockchain initiative that aligns with the broader goals of the Metaverse. Mentioning EarthMeta once here sets the tone for further exploring its functionalities later in this article.
In addition to EarthMeta, there are several other compelling cryptocurrencies worth discussing. From established names like TRON (TRX) and Stellar (XLM) to unique projects like The Sandbox (SAND) and Pepe (PEPE), the ecosystem showcases a wide array of options.
This article aims to provide a detailed exploration of some of the most promising cryptocurrencies that trade under $1.
EarthMeta has introduced the $EMT token, marking a pivotal moment in the evolution of a metaverse where such tokens could serve as essential building blocks. This dynamic metaverse merges blockchain technology with immersive experiences, fostering a space for exploration, creation, and collaboration. Unlike projects that focus solely on gaming or virtual properties, EarthMeta aims to craft a comprehensive digital ecosystem that invites engagement across diverse dimensions of the Metaverse.
Central to EarthMeta’s mission is the redefinition of ownership in the Metaverse, breaking away from the centralized control typical of many platforms. By integrating multiple blockchains, users gain the ability to truly own and manage their digital assets, expanding ownership beyond avatars or properties. The $EMT token empowers users to design, trade, and reshape their digital spaces while providing creative autonomy. Moreover, it serves as a governance mechanism, enabling holders to actively influence the platform’s development and contribute to shaping its digital universe.
Looking ahead, EarthMeta envisions the integration of augmented reality (AR) and virtual reality (VR) technologies to elevate its interactive potential. These advancements aim to transform user engagement by seamlessly blending virtual and real-world interactions. Although AR integration remains a future milestone, its full realization is actively under development. With the $EMT token slated for listing next month, this might be the final opportunity to join EarthMeta before its expanding influence reshapes the Metaverse landscape.
The Tron Foundation created and launched TRON (TRX), a decentralized blockchain-based operating system, in 2017. Initially, TRX tokens were based on the Ethereum network as ERC-20 tokens, but a year later, they moved to their own TRON network. The platform’s primary goal is to empower content creators by enabling them to retain full ownership of their digital content, eliminating the need for intermediaries like YouTube, Facebook, or Apple. Content consumers directly reward creators, thereby increasing the income for content makers.
TRON supports smart contracts, decentralized applications (dApps), and various blockchain systems. It operates on a transaction model similar to Bitcoin’s UTXO, with all transactions recorded on a public ledger for transparency. TRON aims to build a decentralized internet, providing a platform where developers can create dApps, offer content, and receive digital assets as compensation. This makes TRON an attractive alternative to Ethereum, especially for creators who want to avoid high transaction fees.
Peking University and the University of Pennsylvania educated Justin Sun, the founder and current CEO of TRON. He was also the chief representative of Ripple in Greater China. Recognized by Forbes Asia in its 30 Under 30 series, Sun’s background and vision have played a significant role in shaping TRON’s success.
What makes TRON unique is its focus on creating a direct connection between content creators and their audiences, eliminating the need for centralized platforms that often take a large commission. This could potentially lower costs for consumers while giving creators more financial rewards for their work. With the digital entertainment sector rapidly growing, TRON is positioning itself to leverage blockchain technology to transform the industry. The platform also benefits from a skilled global development team with experience from top companies like Ripple Labs. Additionally, TRON’s transparent roadmap sets it apart from other blockchain projects by clearly outlining its future plans.
Stellar (XLM) is a decentralized peer-to-peer (P2P) network launched in 2015 by the Stellar Development Foundation to facilitate global financial transactions. Designed to connect people, banks, and financial institutions, Stellar enables the fast, low-cost exchange of various cryptocurrencies and traditional currencies. The network uses its native token, XLM (Lumens), to facilitate these transactions, acting as an intermediary currency and covering transaction fees, making cross-border payments faster and cheaper.
Built on distributed ledger technology (DLT), Stellar offers a decentralized exchange and marketplace, where users can manage buy/sell orders and settle assets using XLM. Unlike traditional financial systems, Stellar focuses on helping individuals, particularly in developing countries, by providing access to affordable financial services. This makes it a valuable tool for users seeking to send money globally at low cost and high speed, bypassing the limitations of traditional banking systems.
Stellar also stands out for its multi-currency transaction capability, enabling seamless exchanges across different currencies, even when there are no widely traded pairs. Powered by Anchors, which act as bridges between different currencies and the Stellar network, this functionality enhances the speed and efficiency of international transfers. With its focus on scalability, security, and low transaction costs, Stellar offers a powerful solution for individuals and businesses needing fast, reliable, and cost-effective cross-border payments.
Developed by Crypto.com, a leading company in cryptocurrency payment, trading, and financial services, Cronos (CRO) is the native cryptocurrency of the Cronos Chain, a decentralized blockchain. Launched in late 2018, CRO primarily powers the Crypto.com Pay mobile payments app, enabling rapid and secure transactions while enhancing user control over money and safeguarding their data. The Crypto.com ecosystem aims to increase cryptocurrency adoption globally, and CRO is central to achieving this vision by offering various solutions across the company’s products.
The CRO blockchain offers multiple utilities for users, including the ability to stake coins on the network as validators to earn fees. Users can also settle transaction fees with CRO on the Cronos Chain, making it an essential tool within the Crypto.com ecosystem. Through the Crypto.com Pay app, users enjoy cashback rewards when paying merchants in CRO and can earn rewards by staking CRO for trading and other financial activities. Additionally, the platform offers up to 12% annual interest on staked CRO coins, further incentivizing users to engage with the blockchain.
Cronos distinguishes itself by continually expanding its use cases within the Crypto.com ecosystem. By providing benefits like staking rewards, fee discounts, and cashback, it encourages global adoption and participation. The platform is also actively developing new applications for CRO, allowing users to have more control over their money, data, and identities. As Crypto.com continues to innovate, CRO plays a key role in advancing the company’s goal of integrating cryptocurrency into everyday financial practices worldwide.
Launched on the Ethereum blockchain, PEPE is a deflationary memecoin that pays homage to the popular internet meme Pepe the Frog. Initially created by Matt Furie, the meme gained immense popularity in the early 2000s and became a symbol in internet culture. PEPE aims to leverage the success of previous meme coins like Shiba Inu and Dogecoin by establishing itself as one of the leading meme-based cryptocurrencies. It stands out with a no-tax policy and a commitment to simplicity, being upfront about its lack of utility and focusing purely on the fun and community aspects of memecoins.
The explosive growth of PEPE in 2023 propelled its market capitalization to a high of $1.6 billion, creating millionaires out of early investors and attracting a passionate community. This surge sparked what some called a “memecoin season,” triggering a wave of other meme coins that saw similar wild price movements. While its future remains uncertain, many investors are hopeful that PEPE, along with other meme coins, could experience further growth, particularly with the anticipation of the BTC halving cycle and the potential for a bull run.
The PEPE roadmap consists of three phases: the first phase focuses on listing the coin on platforms like CoinMarketCap and gaining traction on social media, such as Twitter. The second phase involves listings on centralized exchanges (CEXs), while the third phase aims for listings on top-tier exchanges and what the project refers to as a “meme takeover.” Despite the lack of detailed information about the PEPE team, their successful use of social media to promote the project and build a strong community has contributed to its growing popularity within the cryptocurrency space.
Arbitrum is an Ethereum layer-two (L2) scaling solution that enhances speed, scalability, and cost-efficiency on the Ethereum network using optimistic rollups. It operates by moving much of the computation and storage off-chain while maintaining compatibility and security with Ethereum. This results in higher throughput and significantly lower fees compared to the main Ethereum chain. Holders can vote on proposals related to protocol upgrades, features, fund allocation, and the election of a Security Council using Arbitrum’s native token, ARB, for governance.
Ed Felten, Steven Goldfeder, and Harry Kalodner, former Princeton University researchers, founded Offchain Labs, which is leading the development of Arbitrum. Lightspeed Venture Partners, leading the project, secured $120 million in Series B funding in 2021. Notable investors include Polychain Capital, Pantera Capital, and even Mark Cuban. The company’s founders bring a wealth of experience in computer science, cryptography, and blockchain technology, which has helped Arbitrum gain momentum in the Ethereum ecosystem.
In 2023, Arbitrum had a roadmap that included the launch of its layer-three solution, Orbit, the ability for developers to use popular programming languages like Rust and C++ through Stylus, and the expansion of its validator set. A significant milestone was the airdropped ARB tokens in March 2023, rewarding early users and DAOs building on Arbitrum. This distribution helped decentralize governance, marking a key step in the transition of the platform toward a decentralized autonomous organization (DAO) structure.
Algorand is a self-sustaining, decentralized, blockchain-based network that caters to a diverse array of applications. It offers secure, scalable, and efficient systems, all of which are critical for real-world applications. Algorand aims to support computations requiring reliable performance guarantees, helping to create new forms of trust. Since its launch in June 2019, the network has successfully processed nearly 1 million transactions per day as of December 2020, demonstrating its scalability and efficiency.
The founder of Algorand is Silvio Micali, a computer science professor at the Massachusetts Institute of Technology. Micali is a recipient of the prestigious Turing Award (2012) for his groundbreaking work in secure two-party computation, electronic cash, cryptocurrencies, and blockchain protocols. His significant contributions to the field of cryptography and blockchain have positioned him as one of the foremost creators in the crypto world.
What sets Algorand apart is its focus on speeding up transactions, improving efficiency, and addressing the slow transaction times of Bitcoin and other blockchains. Algorand’s protocol eliminates the need for energy-intensive mining by utilizing a permissionless pure proof-of-stake (PoS) model, offering both lower transaction fees and a more environmentally friendly approach to blockchain technology.
Applications across both DeFi and the broader Web3 ecosystem can query data from networks like Ethereum and IPFS using the Graph, an indexing protocol. Developers have the ability to create and publish open APIs, also known as subgraphs, which applications can query using GraphQL to retrieve blockchain data. Currently, the Graph supports Ethereum, IPFS, and POA, with plans to add more networks soon. The hosted service of the platform streamlines the development process, and the upcoming launch of the decentralized network will broaden its capabilities.
The founders of The Graph include Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann, who bring a wealth of experience from organizations like the Ethereum Foundation and MuleSoft. Tal and Ramirez, with backgrounds in electrical engineering from USC, previously worked together at MuleSoft, contributing to the development of API tools. The Graph, a project focusing on creating immutable APIs and data access using GraphQL, came to life thanks to their combined experience in building custom frameworks like Datomic.
What makes The Graph unique is its goal to provide reliable, decentralized public infrastructure for mainstream use. Graph Token (GRT) ensures the network’s economic security and data integrity. Indexers, curators, and delegators, who provide indexing and curating services in exchange for income, lock up GRT, a work token. The network rewards active participants based on their work and GRT stake, with Indexers earning indexing rewards and query fees, and Curators and Delegators sharing a portion of the generated income.
The Sandbox is a blockchain-based virtual world that allows users to create, build, buy, and sell digital assets in the form of a game. Launched in 2011 by Pixowl, the platform combines decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs) to create a decentralized space for gamers and creators. The platform’s primary mission is to introduce blockchain technology to mainstream gaming while promoting a “play-to-earn” model where users can both create and engage in games. The SAND utility token facilitates transactions on the platform, enabling users to interact with the ecosystem.
The co-founders of The Sandbox, Arthur Madrid and Sebastien Borget, both have extensive entrepreneurial experience. Arthur Madrid, an economics graduate from Université Paris Dauphine, founded 1-Click Media before Ipercast acquired it. Sebastien Borget, with a degree in computer systems networking, co-founded Pixowl with Madrid in 2011. Their shared entrepreneurial journey has been crucial in the ongoing development of The Sandbox, which is now recognized as a leader in integrating blockchain technology into gaming.
What makes The Sandbox unique is its focus on user-generated content within a decentralized platform, using blockchain technology to revolutionize the gaming industry. By introducing SAND as a utility token, the platform not only supports decentralized governance but also allows users to influence the development of the project. With support from major brands like Atari, Helix, and CryptoKitties, The Sandbox has made significant strides in building a metaverse where players contribute to its evolution, creating a unique niche in the global gaming market.
Built on the Solana blockchain, Jupiter (JUP) is a decentralized exchange platform renowned for its advanced swap aggregation engine. It plays a crucial role in providing liquidity infrastructure within the Solana ecosystem. Jupiter’s platform offers a wide range of DeFi products, including limit orders, dollar-cost averaging (DCA), time-weighted average price (TWAP), bridge comparators, and perpetual trading, highlighting its versatility in catering to diverse needs within the decentralized finance space.
The decentralized exchange aggregator of Jupiter allows users to swap tokens seamlessly, facilitating efficient trades. The platform’s limit orders enable traders to set price targets for buying or selling assets, enhancing their ability to execute trades strategically without the need for continuous market monitoring. This feature caters to both casual traders and more advanced users seeking to optimize their trading strategies.
Jupiter’s recent partnership with Sanctum to introduce a SOL-based debit card marks a significant milestone in bridging traditional finance with decentralized finance. This initiative aims to provide users with a practical means of using their digital assets in real-world transactions. With a circulating supply of 1,350,000,000 JUP tokens, Jupiter continues to solidify its presence and commitment to making blockchain technology more accessible and secure for all users.
Cryptocurrencies under $1 offer a diverse range of opportunities, from fostering innovation to solving real-world problems. Projects like EarthMeta, TRON, and Stellar showcase the breadth of applications possible within blockchain technology, while tokens like Pepe and The Sandbox highlight the creative and cultural aspects of the crypto world. Whether focused on scalability, security, or entertainment, each cryptocurrency discussed here provides a unique glimpse into the future of decentralized systems.