While 1 Bitcoin is currently flirting around the $10,000 mark, there are other cryptocurrency where one could get a lot more value out of for a lot lesser price. In general, the more coins there are, the lower the price tends to be as dictated by the rules of market cap. Therefore, in order to determine the size of a cryptocurrency, the total number of coins multiplied by the price is usually used for the evaluation. This measure is officially referred to as “market-capitalization”.
Today we look at the five – by market capitalization – biggest cryptocurrencies, which cost less than $ 0.01 each.
5. Pundi X (NPXS)
Pundi X is currently ranked 86th in the list of largest cryptocurrencies by market cap. The price of the coin is currently around $0.00183. There are currently around 234.5 billion coins in circulation.
4. BitTorrent Token (BTT)
The BitTorrent Token is the youngest in our list and was born in February of this year. It is currently ranked 55th in the largest cryptocurrencies by market capitalization. One of the approximately 212 billion coins currently costs $0.000406. Even the largest crypto exchange in the world – Binance – did not survive its onset.
3. Holochain (HOT)
Holochain is currently ranked 44th in the largest cryptocurrencies by market capitalization. A coin currently costs $0.000767. The total amount of all coins amounts to approximately 133,21 billion pieces.
CryptoTicker had the opportunity in the past to talk to the founder of Holochain. You can find the German conversation here. (Tip: Chrome Auto-Translates the article to English)
2. VeChain (VET)
Vechain is currently ranked 35th in the list of largest cryptocurrencies by market cap. There are a total of around 55.5 billion coins in circulation. One costs $0.0036 at the moment.
1. Dogecoin (DOGE)
The largest cryptocurrency by market capitalization, which costs less than one US dollar cents, is Dogecoin (#28). A DOGE currently costs about $0.002564. There are currently around 120.5 billion doge coins in circulation.
Do not be fooled by the price of cryptocurrencies
Low prices are always tempting at first, but you should not be fooled by it, as mentioned earlier. Always do your own research before choosing to invest in any cryptocurrency
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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