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As the cryptocurrency market develops, a growing number of investors are turning their attention away from the expensive behemoths and onto promising, cheap assets that are currently trading for less than $1.
This is where coins like Algorand, Polygon, and Stellar come in, and the allure is clear: cheaper entry prices, exponential growth potential, and the opportunity to participate early in projects with significant potential.
5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar
The question isn’t simply, “What’s cheap?” but rather, “Which affordable cryptocurrencies are building something lasting?” Whether you’re new to cryptocurrency or trying to diversify your portfolio without going over the budget, these tokens might be just what you’re looking for. They power real-world use cases, have vibrant communities, and are supported by cutting-edge technology.
1. Algorand (ALGO)
Algorand’s concept aims to resolve the blockchain trilemma by concurrently attaining decentralization, security, and scalability. Using a special Pure Proof-of-Stake (PPoS) consensus process, Algorand was founded by Silvio Micali, a cryptographer who won the Turing Award. This mechanism allows for high throughput and quick transaction finality without sacrificing security or decentralization.
One of Algorand’s distinctive features is its PPoS consensus method, which enables fast transactions and minimal fees. This makes it appropriate for a range of uses, including supply chain management and decentralized finance (DeFi). The platform’s scalability and security features have drawn numerous collaborations and practical use cases.
Market sentiment for Algorand is now neutral, with a Fear & Greed Index score of 63, suggesting a leaning towards greed. For the cryptocurrency market, the price volatility over the past 30 days is 7.27%, which is rather mild. According to price projections, the price may rise to $0.2824 by 2026, which would be a 26.63% increase from the current level.
The platform is investigating blockchain applications in healthcare and governance in collaboration with the Nigerian Plateau State Government. Furthermore, Algorand has partnered with Enel, a prominent energy provider, to deploy blockchain technology for sustainable energy projects in Italy. In addition, the Algorand Foundation has released AlgoKit 3.0, which enhances developer tools to make it easier to create apps on its blockchain.
2. Polygon (MATIC)
The Layer 2 scaling solution Polygon was created to rectify Ethereum’s drawbacks, including its expensive gas costs and sluggish transaction speeds. Polygon makes transactions quicker and more affordable, improving the scalability and usability of the Ethereum ecosystem.
It offers blockchain solutions that are both scalable and effective without sacrificing security. This is accomplished by a combination of technologies, including Proof-of-Stake (PoS) sidechains and Plasma chains, which process transactions off the main Ethereum chain before executing them on Ethereum.
MATIC is currently trading at about $0.244 as of April 25, 2025, with a market value of $479.89 million and a 24-hour trading volume of $27.51 million. The price has shown positive short-term momentum, rising by 10.45% during the past day.
The platform has partnered up with Jio Platforms Ltd., a significant telecom provider in India, to improve Web3 capabilities for over 450 million consumers in the country. Furthermore, Polygon has worked with various well-known companies, such as Google Cloud, Adidas, Reddit, Mastercard, Adobe, Disney, Nike, Starbucks, Mercedes, and Meta (previously Facebook).
3. Stellar (XLM)
Stellar’s purpose is to enable quick and inexpensive cross-border transactions. Specifically, in areas with weak banking infrastructure, Stellar hopes to improve the efficiency and accessibility of international money transfers by connecting individuals and financial organizations.
Its consensus procedure makes it appropriate for micropayments and remittances since it allows for speedy transaction confirmations. Stellar, which emphasizes financial inclusion, has partnered with several organizations to offer easily accessible financial services worldwide.
XLM is currently trading at about $0.278, with a market capitalization of $8.60 billion and a 24-hour trading volume of $377.14 million. The price’s 2.81% gain over the past day suggests that there is short-term momentum in favor of it.
Stellar House, home to the future of finance.
It's looking pretty bright 😎 pic.twitter.com/FhYfMFKwhN
— Stellar (@StellarOrg) April 23, 2025
The Stellar Development Foundation and Mastercard announced a collaboration to improve safe online transactions by integrating Stellar into Mastercard’s Crypto Credential ecosystem. In addition, Stellar and AEON Group have teamed up to introduce USDC and XLM payments to Southeast Asia, with a test program set to begin in Malaysia in the second half of 2025.
4. Mantle (MNT)
Mantle aims to offer faster and cheaper transactions without sacrificing security by utilizing optimistic rollups and a modular architecture. Its use of a specific data availability layer, driven by EigenDA technology, enables effective off-chain data storage, thereby enhancing network performance.
Its modular architecture divides data availability, settlement, and transaction execution. This structure makes the platform appealing to developers and consumers, improving scalability and lowering transaction costs. The network’s attractiveness is further increased by its interoperability with Ethereum, guaranteeing smooth integration with current decentralized applications (dApps).
According to price projections, MNT could see an average price of $1.44 in April 2025, with possible highs of up to $2.50. This would indicate a potential return on investment (ROI) of more than 239% over current levels. This positive perspective is based on Mantle’s cutting-edge technology and expanding ecosystem, which continues to draw in both developers and users.
The next chapter with Mantle Index Four (MI4) begins.
An institutional-grade fund that provides diversified beta exposure to yield-bearing digital assets, with @Securitize as tokenization partner & Mantle Treasury as anchor investor. pic.twitter.com/ouERbBwUYg
— Mantle (@Mantle_Official) April 24, 2025
To increase user engagement and liquidity, Mantle teamed up with MEXC, a well-known cryptocurrency exchange, in March 2025 to introduce a month-long trading campaign with a $1 million prize pool. Furthermore, Mantle announced the opening of the $400 million Mantle Index Four (MI4) Fund, which was created in partnership with Securitize. By tokenizing conventional assets and bringing them on-chain to the Mantle Network, this fund seeks to increase liquidity and provide fresh investment opportunities.
5. BTC Bull (BTCBULL)
The cryptocurrency market has been rekindled by Bitcoin’s recent ascent beyond $94,000, and amid this bullish momentum, BTC Bull is drawing a lot of attention. BTC Bull, a meme coin that gives holders Bitcoin as its value increases, presents a special opportunity for investors to follow Bitcoin’s rise while taking advantage of extra benefits.
Some bulls just want to watch fiat burn. 🔥 pic.twitter.com/FJKHkAumUq
— BTCBULL_TOKEN (@BTCBULL_TOKEN) April 23, 2025
As of April 24, 2025, the BTCBULL presale has raised over $4.9 million, demonstrating the tremendous enthusiasm that the event has generated. This outstanding fundraising achievement demonstrates the high level of investor faith in the project’s goals. With a current price of $0.00248 per token, early adopters benefit from the opportunity to purchase tokens at a discounted rate prior to future price hikes.
As Bitcoin keeps rising, BTCBULL is an attractive option for investors looking to profit from the momentum of the cryptocurrency industry. With its distinct combination of deflationary economics, direct Bitcoin payouts, and meme culture, BTC Bull is set to be a noteworthy option in the present cryptocurrency market.
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