changehero Blog

Cheap Altcoins to Buy Now
Author: changehero
icon of calendar

Even $100 won’t buy a lot of Bitcoin and the rest of top cryptocurrencies but there are plenty of cheap altcoins to buy for 2022. Which altcoins to buy today for less than a dollar? Check out our list of the best cheap cryptocurrencies to buy for the next year!

Key Takeaways

Cheap altcoins to Buy now and hold in 2022

Crypto.com Coin (CRO)

CRO Price Chart
Source: CoinMarketCap

Our list of cheap cryptocurrencies to buy opens with Crypto.com Coin. From the price chart, it gets obvious why CRO is trending: the token is in price discovery mode. CRO soared on the news of the launch of an EVM-compatible network Cronos, which can support Ethereum applications. CRO is a token for use in the Crypto.com Chain, a proprietary blockchain of the payments company Crypto.com. In the ecosystem of Crypto.com products, CRO can be used for discounted fees and payments with increased cashback. At the moment of writing, CRO trades at $0.3663. In 2021, in comparison with the opening price, it gained 525.93%. Since Crypto.com Coin is used mostly within the Crypto.com ecosystem, how far it fares in 2022 spells the token’s success. According to their roadmap, new features such as OTC trading, DeFi borrowing and lending are in store for the years to come. Prediction site Previsioni Bitcoin claims in November 2022, CRO will be worth $0.5485. It will make an investment of $100 today $149.74.

Amp

AMP price chart
Source: CoinMarketCap

Amp Token is trending thanks to influencers highlighting the utility of Flexa. Its social volume and mentions almost doubled over the week, securing its spot in the top cheap altcoins to buy. Amp Token powers a product of ConsenSys, Ethereum developers, a retail payment network Flexa. AMP can act as collateral for other types of crypto assets. At the moment of writing, AMP trades at $0.06113. In 2021, in comparison with the opening price, it gained 832.77%. As a utility token of Flexa, its adoption will increase exposure to and value of AMP. The Flexa team hinted that they aim high to potentially onboard Bank of America, Revolut and Delta Airlines. Prediction site Coin Price Forecast claims in November 2022 AMP will be worth $0.2107. It will make an investment of $100 today $344.67.

Telcoin (TEL)

TEL price chart
Source: CoinMarketCap

What is the fastest growing cryptocurrency? In this list, it is Telcoin, trending this week thanks to consistent mentions and engagement. TEL is a utility token of a Singapore-based platform Telcoin. The flagship product of TELx, liquidity pool of Telcoin Network is Send Money Smarter (or SMS for short), a network for international remittances. At the moment of writing, TEL trades at $0.02272. In 2021, in comparison with the opening price, it gained 12,824.47%, the highest yield in our list of cheap cryptocurrencies to buy. As a utility token of TELx and SMS, its adoption will increase exposure to and value of TEL. In the latest community update, the team announced a shift in strategy in early 2022 from active development to adoption and marketing. Prediction site Long Forecast claims in November 2022 TEL will be worth $0.046. It will make an investment of $100 today worth $202.46 in the future.

VeChain (VET)

VET price chart
Source: CoinMarketCap

The VeChain team announced new features and a brand new consensus mechanism Proof-of-Authority 2.0. VET price gained 22% in a week on the news but still fits the criteria for cheap altcoins to buy. VeChain is a blockchain solution for supply chain tracking. Its main token VET serves for value transfer and other transactions on the platform. At the moment of writing, VET trades at $0.1814. In 2021, in comparison with the opening price, it gained 865.92%. Unfortunately, there is no public roadmap for 2022 and the announced releases will arrive by the end of 2021. However, a recent partnership with a Chinese food brand RECIPE points at the direction the team will be taking in the near future. Prediction site Trading Beasts claims in a year VET will be worth $0.2094. It will make an investment of $100 today worth $115.44 in 2022.

Holo (HOT)

HOT price chart
Source: CoinMarketCap

What is the cheapest Altcoin to buy? Our top list closes with Holo. Even despite the lack of news and buzz on social media, Holo trends with rising trading volume.  At the current stage, it is an especially attractive entry in the list of the best cheap altcoins to buy and could be the next cryptocurrency to explode in 2022. The Holo network connects the Internet with applications built using Holochain. It works as a decentralized peer-to-peer hosting platform. At the moment of writing, HOT trades at $0.01485, making it the cheapest cryptocurrency to buy 2021 from the list. Nevertheless, in comparison with the opening price in 2021, it gained 2,366.77%. Holochain is still in alpha with Holo tokens getting ready to be used as the fuel of the network. Judging by the current progress, by 2022 the platform will be prime for a beta release. Prediction site PricePrediction.net claims in a year HOT will be worth $0.021. It will make an investment of $100 today worth $141.41 in 2022.

How to buy them on ChangeHero?

You do not need to seek out cheap altcoins to buy all over the crypto exchanges and go through KYC on each of them. If you already have crypto, use it to buy them on ChangeHero, it’s very easy:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your wallet address in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
  4. All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives. 
    • The Best Rate transactions will use the rate current to the time when your funds arrive. The Fixed Rate will use the rate at the time of step 1;
  5. As soon as the exchange has been processed, your coins are on the way to your wallet. 

ChangeHero’s customer support is available 24/7 in the chat on our website or through the email: [email protected].

Conclusion

Cheap altcoins are a solid choice in case you are not willing to invest a lot but they can still bring tangible profits. If you found some cheap altcoins to buy from our list, feel free to use ChangeHero! Even more crypto projects are covered in detail in our blog. Feel free to follow our pages on social media: Twitter, Facebook, Reddit and in Telegram.


Disclaimer

This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results. When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investitions in cryptocurrencies only after careful consideration and analysis and at your own risk.

Learn more: