Top 3 Altcoins Under $1 - These will BLOW UP!

If you’ve been following our content lately you’d have made an observation. We’ve focused on projects with massive potential. And that’s because we want you to prepare for the bull run as best as possible.

Today, we’ll continue in that tradition. But this time, we’ll show you 3 altcoins under $1 with insane potential. We chose under $1 for specific reasons. Not everyone can afford to go big on Ethereum or even Bitcoin. 

So, investing in projects with good fundamentals is a good way to prepare for the bull run. All these projects are well under $1, giving you early entry to these projects. Our researchers think these projects can be 50x or even 100x under the right conditions.

1) Hedera Hashgraph (HBAR)

Most experts see Hedera as one of the most powerful public blockchain networks. Businesses can leverage it to build decentralized applications (dApps). These applications can add high value to the decentralized economy. Hedera had its ICO in 2018.  However, that’s not its biggest flex. Hedera differs from other blockchain networks in terms of consensus algorithms. And this makes it unique.

Hedera uses the Hedera Hashgraph algorithm. This makes it more scalable and sustainable. Hedera processes transactions at low rates, fast speeds, and efficiently. Hashgraph is faster than Bitcoin or Ethereum blockchains. It achieves high throughput with over 10,000 cryptocurrency transactions per second. And low latency.  Hedera’s algorithm puts three services on the table:

  • Smart contract services: Developers can program in Solidity. And leverage an Ethereum Virtual Machine (EVM) known as Besu. One optimized for Hedera.
  • Consensus services: This allows applications to leverage Hedera’s tamper-proof blockchain. For instance, sending messages to the public ledger and encrypting them. 
  • Token services: This includes anything from minting to managing fungible. And non-fungible tokens on Hedera. 

Hedera uses distributed ledger technologies to build computational trust in its applications. This allows companies and businesses who may not otherwise know or trust each other to collaborate. The public-distributed ledgers facilitate value creation. And exchange, identity verification, authentication, and other processes.

More About Hedera

Top organizations are currently using Hedera. Projects built on Hedera Hashgraph include The Coupon Bureau. This is a coupon industry non-profit organization that built a coupon tracking system. 

Also, a distributed ledger for tracking the drug supply chain designed by Acoer uses Hedera Hashgraph. 

Tata Communications, an Indian telecommunications company is also on the list. They are exploring the use of the Hedera Hashgraph platform. They plan to launch secure user authentication and transaction logs. Let’s talk about the HBAR token. 

Hedera Use Cases 

HBAR lies at the center of the ecosystem. It serves the network’s fuel. And is used to pay for services. Used to secure the network. HBAR currently trades at $0.0472. This is a good entry price for a project of this value.

2) KASPA (KAS)

We’ve talked about Kaspa in recent weeks. And we believe it is one of the underdogs that the bull market will uncover. Kaspa is an open-source proof of work chain. Kaspa has the fastest chain among all PoW chains. It has a 1-second block time. And also offers the most scalable instant confirmation transactions. Bitcoin has a 10-minute block time. Which puts Kaspa ahead in terms of speed. 

Kapsa is well-suited for DeFi and smart contracts. Kaspa is also less energy-intensive. The Kaspa network has a wide array of useful products. For example, it offers the KDX wallet. And has its own mobile/desktop wallet service.

Kaspa has been on a growth trend this year. And part of that is because it has a strong community. But not just that. There has been a large entry of buyers from protocols like Ethereum to Kaspa. And this has improved its appeal. 

The KAS token currently trades at $0.04466. KAS has been up 1825% since the start of the year. KAS is at a good price under $1. So, gathering a lot of this token before the bull run is definitely a good strategy.

3) ImmutableX (IMX)

ImmutableX is one of my personal favorites. ImmutableX has a pioneering status in the NFT space. It changes the NFT market by providing a scalable solution on the Ethereum network. 

ImmutableX is the first layer-2 scaling solution for NFTs. Part of its focus is to solve some of Ethereum’s biggest problems such as high gas fees and low scalability. So, ImmutableX is also a big shot in the blockchain gaming space. It already has a partnership with Polgyon to develop Web3 games. 

The NFT and gaming sectors will pick up in the bull run. And ImmutableX stands as a key player in both markets. So, we could see the price move up by a high margin. 

The IMX token currently trades at $0.5493. This price could be well over $1 during the next cycle.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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