5 altcoins under $1

What if I promised you a guaranteed way to find 100x crypto coins in the current bear market? I would be clearly lying. 

But what if I tell you I spent hours looking at a small market cap altcoins under $1. I kept looking for similarities with coins that grow 100x and their building potential. So, I found 5 tokens that might just BLOW UP in the next bull run. Let’s get rocking!

Coin #1: Immutable X (IMX)

The first project on my list today is Immutable X, a Layer 2 solution. built on top of Ethereum. In general, they deal with the shortcomings and problems that Ethereum has: Scalability, high gas fees, and fast transactions.

So, Immutable X specializes in games and NFTs and promises:

  • Instant trade confirmation. 
  • Near zero gas fees when minting and trading NFTs.
  • Scalability through zk-Rollups, with up to 9,000 TPS.
  • Already minted over 33 million NFTs this year, with 0 gas fees.

Just two months ago I did a deep dive into Immutable X. Go and check it out for more detailed info on this project.

 

Among others, they have a strong team and big backers. For example, here are some games that run on Immutable X:

If you’re into gaming, you most likely know them. On the other hand, IMX is the native token of this project. Here is some info about it:

  • Price $0.6340
  • Market cap $362.6 million
  • Max supply 2 billion
  • Circulating 570 million or about 26%

How do you feel about IMX? Let us know in the comments.

Coin #2: Oasis Network (ROSE)

The second project on my list is Oasis Network. A pioneer in the privacy-enabled blockchain. They focus on DeFi and data economy. Oasis offers unique privacy features. This project can tokenize Data, allowing us to take control of your data.

As an L1 chain, they have impressive scalability. This enables fast transactions and high throughput. They also use sophisticated discrepancy detection. Oasis claims that this is more efficient than sharding and parachains. Near and soon Ethereum, use sharding. The parachains are Polkadot territory.

They also can show a strong team. High-valued VCs are among their backers. They also partnered with DappRadar. Furthermore, Oasis has a $350 million developer fund. On the other hand, they still have a small ecosystem. Only 7 DeFi and 3 NFT projects. This is where they need to do some work and grow.

Three weeks ago, we already talked about Oasis in this video. ROSE is the native token of the Oasis Network, Here is some info about the token: 

  • Price: $0.0583
  • Market Cap: $293.6 million
  • Max supply: 10 billion
  • Circulating 5 billion or 50%.

Good numbers and something to keep an eye on. What do you think of ROSE? Let us know in the comments. And, we have three more coins coming on. Here’s the next one.

Coin #3: Mina Protocol (MINA)

The third project on our list is Mina. The lightest blockchain in the world. It’s only 22kb as opposed to Ethereum which is 500GB. This makes it very easy for you to set up a node. Everybody can do this, in contrast to many other chains. 

So, Mina Protocol’s focus is on privacy and security for Web3. They do this with zk-SNARK technology. They have various strong backers. That allowed them to raise $92 million. However, 3AC is also among them. It’s a young project, so they still have a relatively small ecosystem.

On the other hand, they have an extensive roadmap. I also mentioned MINA a few weeks ago. You can check that out on our video. Also, MINA is the native token of this project. Here is some info about it:

  • Price $0.561795
  • Market cap $399.7 million
  • Max supply is infinite.
  • Circulating supply 711 million out of 966 million total supply.

According to its tokenomics, their vesting is over 8 years. However, one thing to look out for is that their token is inflationary and infinite. Still, there’s lots of potential.

Do you think so as well? Let us know in the comments.

Coin #4: Enfinity (EFI)

Efinity is a cross-chain superhighway bringing NFTs to Polkadot. That is how their website starts and that is spot on. Enjin developed Efinity and these guys are BIG! 

Their Enjin network has 20 million worldwide gamers. They also developed the ERC-1155 token standard. Also, Efinity is a Polkadot parachain, and they want to make NFTs accessible to everyone. With low fees and cross-chain interoperability. Their paratoken standard accepts all tokens from other chains. 

They have prominent backers and raised $38.9 million last year. Also, EFI is its native token. Here there is some info about it:

  • Price $0.111715.
  • Market cap $58 million
  • Max supply is 2 billion tokens!
  • Circulating 518 million or 26%

This is the token with the lowest market cap. At AltcoinBuzz we are believers in this project and follow it for a long time already. Actually, a few months ago we did a dedicated video on the ENJ and EFI prices.
Are you as enthusiastic about EFI as we are? Let us know. And we’re off to the last token.

Coin #5: Moonbeam (GLMR)

Moonbeam is an all-time favorite of mine. In February, I already had a dedicated video about this project. They also build on the Polkadot parachain, like Efinity. The project started in January 2020 and 2 years later it launched on Polkadot.

Moonbeam is all about multi-chain, and they are EVM compatible. They were one of the first projects to get a parachain. As a result, they have a solid ecosystem.  This month they have been busy as well. For example:

Keep in mind, this is not even a complete list! So, currently, there is good momentum going for Moonbeam. As you can see, with many partnerships and integrations. GLRM is the native token of Moonbeam, so here is some info about it:

  • Price $0.467730
  • Market cap $198 million
  • Max supply is infinite
  • Circulating 423.3 million out of 1 billion total supply.

At Binance, you can get 32.8% if you lock your GLMR up for 120 days. A lock-up period of 90 days still gives you 19.6%.

Conclusion

So, if you are looking out for 100x cryptos at this moment I recommend looking out for Layer 1’s and 2’s that have huge goals and are building in bear market to achieve them. Next, you should look at crypto projects that are getting attention from really big investors. 

Projects that fall under this umbrella hold solid potential to blow up in the next crypto bull run. 

⬆️For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.

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