As we venture deeper into September 2023, the dynamic world of cryptocurrencies continues to evolve, presenting savvy investors with opportunities left and right. Not all valuable coins are priced in the hundreds or thousands; many under 10 cents have the potential to offer impressive returns. If you’re an investor looking to diversify your portfolio without breaking the bank, here are the top 5 cryptos under 10 cents you should consider this month.
5. VeChain (VET) – $0.015
- Market Cap: $1.1 billion
- Why it’s a contender: VeChain has been making waves in the blockchain industry with its focus on supply chain management and business processes. The platform allows manufacturers to assign products with unique identifiers, enabling participants to track the movement and authenticity of products in a supply chain. With the continued need for transparent supply chain solutions, VeChain’s low price and high potential make it a top pick for many investors.
4. Shiba Inu (SHIB) – $0.0000073
- Market Cap: $4.33 billion
- Why it’s on the list: Originating as a meme coin, Shiba Inu’s massive market cap proves that it has been taken seriously by a significant portion of the crypto community. The token’s vibrant ecosystem, including its own decentralized exchange ShibaSwap, and a passionate community back it. While the crypto market is unpredictable, the enthusiasm surrounding SHIB could propel it even further.
3. Chiliz (CHZ) – $0.057
- Market Cap: $424 million
- Why it stands out: Chiliz operates in the niche but rapidly expanding world of sports tokenization. It powers Socios.com, a platform where fans can buy tokenized voting rights for their favorite sports teams. As more teams and clubs across various sports continue to collaborate with Chiliz, its potential for growth remains promising.
2. The Graph (GRT) – $0.083
- Market Cap: $768 million
- Why you should watch it: Dubbed the “Google of Blockchains,” The Graph is a decentralized protocol for indexing and querying data from blockchains. It allows developers to search and retrieve data in a faster, more streamlined manner. As the DeFi and dApp sectors boom, the demand for The Graph’s services could surge, making it an asset to keep on your radar.
1. Hedera Hashgraph (HBAR) – $0.04
- Market Cap: $1.5 billion
- What makes it special: Different from blockchain, Hedera Hashgraph uses a unique ‘hashgraph’ consensus mechanism, which offers faster transaction speeds and greater security. The platform is governed by a council of world-leading organizations, including Google and IBM. As more enterprises look for scalable and secure solutions, HBAR’s potential becomes increasingly evident.