To start off here’s the list of the coins under $1 with the largest market capitalization:
Cardano, Stellar, NEM, TRON, Verge, ByteCoin, Siacoin, U.Cash, Status, Dogecoin, and BitShares. Note that sometimes Tether’s USDT may drop a bit below $1, but it doesn’t count as it’s begged to the US dollar and shows no real trend, so we’re not interested in it.
From all these listed coins U.Cash shocked the market most these days by gaining thousands of percentage points immediately after its launch. Thus, it rose from $0.005 on February 10, to a record high of $0.22 on February 12. Amazing, right? That’s over 4000% in two days!
Anyway, it doesn’t mean that today U.Cash has the greatest potential. I would go for some projects that have great products. Stellar, NEM, and Cardano would be some options.
Stellar announced that it would launch SDEX - Stellar Decentralized Exchange.
As the official roadmap says: “SDEX will be the world-class front-end that our underlying technology has long deserved. It will enable on-chain, protocol-level trades for any Stellar token, and we will create liquidity to minimize spreads and maximize choice of assets.”
Besides, the network will integrate the Lightning Network system.
Moreover, Stellar has all the features to create new tokens based on its core network, something like Ethereum does today. Thus, more and more startups may choose to launch their ICOs, particularly on Stellar. Mobius already did it.
Cardano is another interesting project. It has an advanced blockchain system that is said to be blockchain 3.0.
It’s difficult to choose one of these, but in general, if the whole crypto market will do fine, most of these under $1 coins will thrive.
https://www.earncrypto.com/earn-free-steem-dollars/?r=173685
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It is difficult to tell but Cardano does seem to have more upside potential.
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Thanks for the list of virtual assets AKA cryptocurrencies to consider. However, I will only focus on these:
Cardano, Stellar, ByteCoin, SiaCoin, Status, and BitShares.
However, they are all about the same w.r.t. BTC which is how you will trade anyway.
I will accumulate - by dollar cost averaging (see my post on my rules:
https://steemit.com/bitcoin/@freedomshift/7-rules-for-trading-investing-hodl-virtual-assets-aka-crypto-currencies-rule-4-expanded-and-illustrated
It is good to note that they, and a few others, exhibit a price pattern similar to BTC (July 2013 - July 2015).
So, HODL will be the key for maximum gains.
Look at BTC price chart, Dec 2013 to Dec 2016, give it a little room on both ends. It took BTC 3 years from the ATH then decline and gain back all that was lost.
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Thank you for your inspiration! These are my 7 - ranked in order:
https://steemit.com/bitcoin/@freedomshift/low-price-virtual-assets-va-aka-crytocurrencies-cc-my-watch-and-buy-list
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My list with analysis - not just low price ones:
https://steemit.com/bitcoin/@freedomshift/cryptocurrency-prices-and-portfolio-analysis-and-adjustment
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Illustrated for BCH / BTC (although BCH is not low price but, unit price should not matter IMHO):
https://steemit.com/bitcoin/@freedomshift/bch-btc-in-cryptocurrency-prices-and-portfolio-analysis-and-adjustment-illustrated
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At a lower price - ETH / BTC - please see (I will get to the lower price ones):
https://steemit.com/bitcoin/@freedomshift/eth-btc-in-cryptocurrency-prices-and-portfolio-analysis-and-adjustment-illustrated
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Price per virtual asset AKA cryptocurrency is really irrelevant!
What you should focus on is the compound effect or the lack there of!
Please see my post:
https://steemit.com/bitcoin/@freedomshift/cryptocurrency-compounding-price-changes-w-r-t-btc
... and a few other posts ...
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