1. XRP
This crypto is known to be open-source and makes use of XRP Ledger, an open-source distributed ledger. It was established by Ripple, a blockchain company that allows transactions on a global basis. XRP is beneficial in facilitating transactions at a much faster pace and at a comparatively low cost. This makes it more reliable. The price of XRP has lowered significantly from what it was one year ago. So, people can now buy it for a price under $1.
2. Dogecoin
Established as nothing more than a meme, this crypto has been able to generate profits for its owners. If you are willing to opt for a cryptocurrency that is cheaper yet profitable, choose Dogecoin. This coin's price was about $0.08 on June 1, making it a comparatively fair investment.
3. Chainlink
This Ethereum cryptocurrency provides power to the decentralized network of ChainLink. This crypto can be described as real-world data and off-chain computation. Its main purpose is to enlarge the potential of smart contracts while simultaneously guaranteeing the maintenance of the advantages of blockchain. The price of this crypto is about $7.00, making it considerably cheap.
4. Uniswap
Uniswap plays an important role in automating the trading of decentralized financial currencies. This makes way for the coin holders to establish a liquidity pool for any crypto they select. Though it possesses a volatile nature, it can play to its advantage as it is an early player in the decentralized exchange platform.
5. Cardano
Cardano is a blockchain network that is built on Ouroboros, a proof-of-stake consensus protocol. This facilitates transactions without charging costs of high energy. Cardano makes a cheap cryptocurrency due to its price being less than $1.00.
6. Polygon
This crypto was built to expand the Ethereum network into a multi-chain platform. A powerful team and proper technology back it, making it comparatively cheap.
7. Stellar
Due to its own payment network, Stellar transactions can be facilitated with little to no cost.
8. The Sandbox
This play-to-earn model enables its users to transact virtual tokens in the form of NFTs.
9. Decentraland
This crypto is selling at a price above $0.8155. Also, it is an Ethereum-based virtual reality game.
10. Near Protocol
This one-layer blockchain is designed to facilitate transactions faster and with increased interoperability. It is a highly secure platform that coordinates high-value assets.
The Bottom Line
These are some of the cheapest cryptos to purchase this season. If you are looking to trade in them or invest, please visit KuCoin today. It is a useful crypto exchange platform with diverse cryptos to scout from. Its strong security technology and maintenance team also back its efficiency.
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