Cheapest Crypto To Purchase in April 2022

8 Apr 2022

Cheapest Crypto To Purchase in April 2022

“Penny Cryptocurrencies” are a cheaper alternative to the big crypto on the market and cost under $1; while they’re individually cheap, their prices continue to rise and provide an affordable option to make significant gains without heavily investing upfront.

Market cap is the primary way to determine whether crypto is a valuable asset rather than the actual price of each cryptocurrency. Determining the market cap for penny cryptocurrencies is an effective way to see whether they’re a good option or simply a “shitcoin.”

Detailed below, we will take you through some of the best “penny cryptocurrencies” so you can make big gains and stay away from the other cheap coins that aren’t worth investing in, often referred to as “shitcoins.”

Remember that all cryptocurrencies are volatile, can go up and down, and in some situations, may drop significantly if something happens in the market or with the coin. Invest responsibility just like with everything else.

What Are The Best Cheap Cryptos To Buy in 2022?

At any given time, there is a vast range of cryptocurrencies on the market; anybody can create crypto, so it’s important to find the best cheap cryptocurrencies that will stick around and provide significant value for your investment in 2022.

Below are our top picks for the best cheap cryptos to buy in 2022.

XRP (XRP)XRP (XRP)

  • Price: $0.834
  • Market capitalization: $37.97B
  • Official website: xrpl.org

 

Ripple - XRP is one of the biggest cryptos based on its huge market cap, but the prices to purchase are incredibly low, which makes it a fantastic investment and the top penny crypto you should be investing in right now.

It constantly ranks in the top 10 on CoinMarketCap, which indicates it has a consistent and long-running high market cap that should give you confidence in holding and investing with this crypto.

Why to buy Ripple? It’s held firm through many of the major market dips and challenges in the overall crypto market. It hasn’t been able to reach back to its high value of 2018, but the potential to moon is there in 2022.

One of the biggest potentials with XRP is its gaining popularity and mass adoption, which make it an excellent opportunity to either flip for a quick profit or to hold for potential large gains at a later date.

Chainlink (LINK) Chainlink (LINK)

  • Price: $16.04
  • Market capitalization: $6.86B
  • Official website: chain.link

 

Not quite a “penny crypto,” but still a low-cost crypto that can be purchased at a reasonable price with expectations of high gains, and it has a very large market cap making it an excellent option for purchase.

LINK has kept a steady value throughout all of the major market changes and volatility seen with many other cryptos. It’s stayed in the top 20 of CoinMarketCap in recent times.

Chainlink cryptocurrency is open-source and provides universally connected smart contracts. It also has a decentralized network that offers a secure connection between crypto networks and off-chain data that it needs to utilize.

Why should you buy Chainlink? It’s a unique cryptocurrency as the network provides many features that no other crypto can provide. So with its unique ability, high market cap, and continued increase in prices, it’s an excellent option with a reasonably low-cost price tag. It’s expected to see higher gains and bounce back within 2022.

USD Coin (USDC) USD Coin (USDC)

  • Price: $1
  • Market capitalization: $52.45B
  • Official website: centre.io/usdc

 

USDC differs from most other cryptos as it’s a stablecoin. The value behind USDC is tied to another asset, which is the USD. Its stability is pegged on the USD, so it remains reasonably stable and a safe investment, just like anybody investing in the actual US currency.

As a stablecoin the stability and low cost of USDC are perfect for investors that want to invest in crypto but have security and stability with the least possible volatility that does come with other cryptos.

The actual value of this coin stays reasonably stable against the USD, though it can be valued slightly higher or lower depending on other factors, such as available supply. Why buy a USD coin? It’s typically considered a better long-term investment and not crypto to buy and flip quickly unless you only want minor gains, but it can work as part of your long-term crypto investments.

Stellar (XLM)Stellar (XLM)

  • Price: $0.211
  • Market capitalization: $4.68B
  • Official website: stellar.org

 

Stellar started out as a hard fork of the Ripple cryptocurrency but has been around since 2014. It’s an open network that works for storage and transfer of money, so it does have the backing of something more than investors. Should I buy Stellar?

It’s already a cheap cryptocurrency, but the transaction costs set it apart as an extremely cheap crypto, with all transactions costing 0.00001 XLM no matter the actual size of the transaction, so it’s often better to purchase more at once than many small transactions.

Why to buy XLM? As more people adopt cryptocurrency for payments and transactions happen more often, a standardized and low transaction fee will become necessary. Stellar has proven they can provide this with stability over the long haul, so it could become an excellent long-term investment for 2022.

XLM follows the up and down swings of the overall crypto market, so it’s easy to predict or see the change in price, but its overall price continues to rise, so it’s an excellent long-term investment for most people with limited risk.

Terra (LUNA)Terra (LUNA)

  • Price: $95.41
  • Market capitalization: $32B
  • Official website: terra.money

 

LUNA is well outside the “penny crypto” options on this list, but it’s still reasonably priced for the market cap it holds. It’s also another stablecoin that offers the stability of fiat currencies with the advantages of decentralized and censorship-free cryptocurrency.

One of the interesting things about LUNA and Terra is that it allows crypto owners to vote on the governance of the blockchain, giving everybody a fair say in what is done and changed. Like other stablecoins, it provides a bridge between fiat currencies and cryptocurrency, making it an excellent long-term investment as crypto becomes more mainstream and stable cryptos are required for transactions.

Why buy Terra LUNA? LUNA has significant price gains in January 2022 and March 2022, with almost double the value added to the coin in both gains. However, it's expected to drop back down slightly in 2022, so waiting for the dip and then purchasing is a strong investment strategy.

Polygon (MATIC)Polygon (MATIC)

  • Price: $1.578
  • Market capitalization: $11.19B
  • Official website: polygon.technology

 

Polygon is the first of its kind, offering an easy-to-use system for Ethereum development. It provides the ability to use the Ethereum blockchain and provides a multi-chain network similar to Polkadot.

MATIC is the local token that runs on the blockchain. It keeps the platform secure and provides the ability for holders to vote on governance proposals, giving everybody a fair say in what happens.

What’s also interesting and provides stability for Polygon is that it’s backed by two major industry players, Coinbase and Binance.

Polygon pros - the connection of Polygon to Ethereum gives it a lot of support and stability, making it an excellent investment with big gains possible in its future.

Buy Polygon MATIC. The technology being provided by Polygon makes it a potential big player in the future as crypto goes mainstream and multi-chain payments and functionality will be required.

Cardano (ADA)Cardano (ADA)

  • Price: $1.137
  • Market capitalization: $28.2B
  • Official website: cardano.org

 

The goal of Cardano (ADA) is to provide fair and transparent communities globally. It currently has a low price but high market cap, and the technology behind it will become increasingly important as crypto becomes more mainstream. It’s already implemented smart contracts as of 2021, with more functionality on the way.

Reasons to buy Cardano with debit card - like many cryptos on this list, Cardano provides real-world functionality and potential for the future, making it a smart long-term crypto investment. It’s already being used in numerous markets, including agricultural supply, where it’s used for counterfeit goods tracking.

Why buy Cardano ADA? One of the gambles with buying Cardano is that you believe that cryptocurrency will become a major mainstream technology in the near future, so the functionality it provides and the low cost currently make it an attractive option right now.

Check out our ADA price prediction

The Sandbox (SAND)The Sandbox (SAND)

  • Price: $3.40
  • Market capitalization: $3.67B
  • Official website: sandbox.game

 

SAND has been in existence since 2011 and provides the payment system for a virtual world, where users can buy and sell digital assets within the world. It’s got huge potential as a Web 3.0 cryptocurrency.

Sandbox uses “play-to-earn,” where users in the virtual world must play to earn money, interacting, and building in the virtual world. The downside to this method is that the cryptocurrency relies heavily on the users, and the crypto would fall over if the virtual world lost a significant portion of the user base.

Why buy a Sandbox? The price to invest is reasonably low, but the market cap is high; with the metaverse cryptos gaining more popularity, this could be a sound investment as long as The Sandbox stays current with users and keeps them engaged as more metaverse communities and cryptos come along.

One of the biggest draws with this crypto is how long it’s been operating alongside the virtual community it's built.

Decentraland (MANA)Decentraland (MANA)

  • Price: $2.62
  • Market capitalization: $4.48B
  • Official website: decentraland.org

 

Decentraland operates a VR platform powered by an Ethereum blockchain. It allows users to create decentralized apps (dApps), and it's part of the emerging multiverse crypto ecosystem. Developers can monetize their applications through the MANA token.

MANA is the primary payment method within the VR platform; it can be used to purchase avatars, dApps, and a variety of other features. It’s also required to buy LAND, which is the other crypto in the VR world.

While there aren’t a huge number of VR worlds currently, the space is starting to see emergence as VR equipment becomes cheaper and the idea of the metaverse becomes exciting to many mainstream users.

Metaverse cryptos are excepted to see massive growth in the coming years, so MANA is an excellent long-term investment, as long as you believe in the future of metaverse worlds.

Most investors consider MANA to be undervalued, with big increases expected in 2022, so get in sooner rather than later for bigger gains.

Shiba Inu (SHIB)Shiba Inu (SHIB)

  • Price: $0.000025
  • Market capitalization: $12.2B
  • Official website: shibatoken.com

 

Shiba Inu token are a mem token that saw huge gains in 2021, especially thanks to many famous investors and promotors like Elon Musk. It’s incredibly cheap to purchase now but has a high market cap, making it a good short-term investment.

One of the primary issues with SHIB is that nothing is backing it up except for a meme and the promotional tweets and discussions by Musk and other celebrities like Snoop Dogg. Each time one of these celebrity investors shouts out the crypto, there is a price rise, but it drops down the longer nobody is talking about it.

SHIB has seen some mega highs, so it’s often a good investment to track when it starts to dip, buy, and then wait for a mooning after a tweet or other promotion for it, then selling off as interest and demand is high.

Potentially not a sound long-term investment, but there is a lot of money that can be had with short-term gains by following trends with the meme token.

VeChain (VET)VeChain (VET)

  • Price: $0.057
  • Market capitalization: $3.1B
  • Official website: vechain.org

 

Vechain Coin is a smart contract system using a blockchain platform for supply chain management, including tracking and issues that can arise.

Because it has real-world application, it is backed by the success and implementation of the platform by different companies. It’s historically been a reliable and stable system, along with the native token VET.

The latest trend for VET has been going down; expectations for 2022, as supply chain issues and infrastructure are boosted, VET should see a reemergence in 2022. Also, to note, that decline hasn’t taken it below the prices it had in 2020, so they’re minor and easy to recover from.

Uniswap (UNI)Uniswap (UNI)

  • Price: $10.36
  • Market capitalization: $6.3B
  • Official website: uniswap.org

 

UNI has huge promise in the cryptocurrency market; it’s backed by Uniswap, which is an automated market maker (AMM) that provides the ability to trade DeFi tokens, or decentralized finance tokens.

Decentralized finance is one of the big potential markets for crypto, so there is huge potential to get in early on UNI, which also has a high market cap, so either way, it’s a sound investment.

While UNI has seen a recent decline and investors are bullish on it, there are big things expected from Uniswap in the future as more financial institutions recognize the potential of crypto.

As the world sees the potential of crypto and it becomes more mainstream, as governments start to implement it, the potential for Uniswap to take off and the historical prices of UNI being high show that UNI has the potential to moon in 2022 and going forward.

It’s a risky crypto but has major rewards and gains available if your risk pays off.

Dogecoin (DOGE)Dogecoin (DOGE)

  • Price: $0.139
  • Market capitalization: $15.5B
  • Official website: dogecoin.com

 

DOGE is THE meme coin that most people know or have heard about in the news. It’s actually got a very low price, well under $1, and putting it squarely with other “penny cryptos,” it’s seen big gains in 2021, with more expected in 2022.

One of the biggest issues with DOGE is that it provides no real value aside from being an investment with the hopes that people continue to invest and enjoy the coin. It’s another coin that lives on reputation and shoutouts from celebrity investors.

Memecoins, in general, have high risk with high reward and live on the hope that celebrities will shout them out or that news articles will draw new investors into the hype and purchase of this cryptocurrency.

However, the potential is always there that the hype dies down and the prices dip significantly, especially if celebrities stop endorsing it. So the gains can be seen short-term, but it isn’t generally considered a safe long-term investment.

If you only plan to buy a few cryptocurrencies and don’t want to stay on top of them in the short term, then DOGE is not a good investment. However, if you plan to buy on a dip and sell on a potential future mooning, then DOGE could be an excellent investment.

How To Buy “Penny Crypto” on CardToCrypto

Buying any crypto through CardToCrypto is incredibly easy. Best and cheapest cryptocurrency to buy avialiable right now! Simply go to buy crypto page, select the crypto you want to buy, and a range of options will be provided for you to choose from, based on your preferences.

We’ll even make a recommendation for the best purchase option we see at the time of your search.

Which Is The Cheapest Crypto To Buy?

All of the crypto on this list is incredibly cheap to buy right now and provide the potential for reasonable gains over 2022. Where to buy Shiba Inu? SHIB is one of the more solid investments with a good continuous rise in value with minimal dips expected.

Which Crypto Is Expected To Rise In 2022?

Best crypto for 2022 under $1 on this list are all expected to rise or stay strong throughout 2022, though significant mooning is not expected from any of them, though the possibility is there, so keep an eye on the cryptos that respond better during market trends.

 

 

Disclaimer: The information provided in this document is for research purchases only. You are not being given financial or investing advice. This information is provided as-is and is the author's opinion, with no liability being accepted or warranty being provided for the information.

You should at all times perform your own research into any investment options you intend to make, whether that is cryptocurrencies or other investment opportunities.

You assume all risk and responsibility for your own purchases through CardToCrypto and understand the crypto market is highly volatile from moment to moment.

Comments (3)
Your comment
  • William
    Besides market cap (which I agree is very important, maybe the most important), what else do you look at before deciding what to invest in? Shouldn't we look at whether or not a community is built around a certain crypto? Wouldn't that help keep things stable and show us potential? Just asking as I'm not an expert on this. Just trying to understand things better and make smarter decisions.

    Also, in your opinion, what are the top 10 best crypto to invest 2022?
    21 april 2022, 22:22
  • Jayden
    I'm very curious to see what will happen with the USD Coin. I think it has the potential to go to $3-$4 in the next 3+ years so I'm investing in it. Hopefully it grows even more than this but a 300% increase is nothing to sneeze about and it's still among the cheapest crypto 2022.

    I am also investing in Stellar, Polygon (everything tells me this will go up in price considerably in the next 12 months plus it's backed by some heavy names which makes it more stable than others) and Cardano.
    17 april 2022, 13:16
  • Mason
    I don't know what to say about Chainlink. The market capitalization is not as high as for other of the best crypto for 2022 under $1 you talked about here plus others I know about. I'm not sure it's worth it. Maybe in the long term, the price will go up and I'm talking 2-3 years here but wouldn't other investments in other cheap crypto be much better at this time?

    Anyway, thank you for the great articles. I keep coming back to your site and am learning a lot.
    16 april 2022, 19:59
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