Interesting to know what is the cheapest crypto to buy in 2024? Check out our top 7 low-cost cryptocurrencies with growth potential.

Bitcoin (Bitcoin) was in the news recently for reaching an all-time high price of over $73,000, making it the most expensive cryptocurrency in the world, as well as having the largest market capitalization of over $1.3 trillion.

Such a high price may put Bitcoin out of reach for the average crypto investor, but it raises an interesting question: what is the cheapest cryptocurrency in the world?

In this guide, we will help satisfy your curiosity by listing the five lowest priced cryptocurrencies on the market, as well as making a case for the 7 cheapest cryptocurrencies to buy. Read on to learn more.

The cheapest cryptocurrency in the world

There are currently more than 2.4 million cryptocurrencies, as indicated by crypto price tracking website CoinMarketCap.

In terms of what the cheapest crypto is, data from CoinMarketCap shows that at the time of writing, Elon’s Cat (CATME), a meme coin inspired by Elon Musk, is trading at $0.00000000000000000000002318. This price makes it the cheapest cryptocurrency in the world.

Giving CATME a run for its zeros is OSL AI (OSL). According to information from CoinMarketCap, the OSL is issued by BC Technology, a company that offers cryptocurrency custody and brokerage services to the Asian market.

Five cheapest cryptocurrencies | Source: CoinMarketCap

Coming in third place on our list of the cheapest cryptocurrencies in the world is another meme coin, Doge Satellite Inu (DOGE).

At the time of writing, an OSL costs $0.000000000000000000003242. The token has a self-reported circulating supply of 42,069,000,000,000 OSL, giving it a market cap of $13,630.36.

Not to be confused with the original meme coin Dogecoin (DOGE) which carries the same symbol, Doge Satellite Inu is priced at $0.00000000000000000004273 with a self-reported circulating supply of 999.6 trillion DOGE.

Interestingly, another lower-priced cryptocurrency carries the DOGE tag. Known as Dogecoin

Rounding out our roundup of the five cheapest cryptocurrencies on the market today is BNBsongoku (BNBSONGOKU), a deflationary token on the Binance Smart Chain (BSC). Information provided by CoinMarketCap about the token shows that it launched in October 2023 with a total supply of “ten septillion billion” units.

The project behind the token has a stated mission to help reduce carbon dioxide emissions and promote the use of green energy. At the time of writing, one BNBSONGOKU is trading at $0.000000000000000000008127.

The 7 cheapest cryptocurrencies to buy

The above coins are largely mentioned for informational purposes only. It would not be advisable to invest your money in any of them unless you can verify their authenticity and get more data related to their market performance.

However, if you are interested in some of the lowest priced cryptocurrencies in the world that you could potentially invest some funds in, the following list should be more helpful:

1. Ripple (XRP)

Ripple (XRP) is a peer-to-peer payment platform designed to replace systems like SWIFT. Launched in 2012, the platform allows instant international transfers in various currencies.

Its native token, XRP, reached a peak price of $3.40 in early 2018, but has mostly traded for less than a dollar since October 2021.

XRP is currently priced at $0.5243, a nearly 85% discount from its all-time high price (ATH).

XRP Historical Price Chart | Source: CoinGecko

The currency has a maximum supply of 100 billion units and a fully diluted valuation of US$52.4 billion. Its high utility and low price make XRP an excellent entry point for new investors.

2. Cardano (ADA)

Cardano (ADA) is a proof-of-stake (PoS) blockchain known for its scalability and support for smart contracts. Blockchain is also recognized for its efficiency and potential to handle up to 2 million transactions per second.

Charles Hoskinson founded Cardano, launching it in 2017. Its native token, ADA, reached an all-time high of $3.10 in November 2021. However, it is currently trading at $0.4586 and with a capitalization of market north of $16.3 billion, it is one of the lowest-priced cryptocurrencies with the highest market cap.

Unlike XRP, which recorded a very modest 3.1% increase last year, ADA has been much more turbulent, recording a 30% jump in its price in 365 days, per data by CoinGecko.

ADA One-Year Price Chart | Source: CoinGecko

3. The graph (GRT)

The graph (TAB) is an indexing protocol for querying blockchain data, often called the “Google of blockchains.” It was launched in 2018, with its native token, GRT, launching in 2020.

The graph integral with multiple blockchains and has a strong governance structure supported by The Graph Council and The Graph Foundation.

GRT currently trades at $0.2987, which, while more than 89% below its ATH, is still 474% higher than its all-time low price (ATL) of $0.05205 November 2022.

GRT Historical Price Chart | Source: CoinGecko

A market capitalization of $2.8 billion puts GRT at 49th place on the list of largest cryptocurrencies by market cap, placing it among the cheapest coins to buy in the top 100.

4. Tron (TRX)

Tron (TRX) is a blockchain platform that aims to decentralize the Internet using a delegated proof-of-stake (DPoS) consensus mechanism.

Crypto personality and former Permanent Representative of Grenada to the World Trade Organization (WTO), Justin Sun, launched Tron in 2017. The network then transitioned from Ethereum (ETH), where it was originally built, for its own blockchain in 2018.

Its native TRX token reached its all-time high price of $0.2317 on January 5, 2018. However, at the time of writing, it was trading at $0.1147 and had a market cap just over US$10 billion.

One-Year TRX Price Chart | Source: CoinGecko

In the last year, the price of TRX has risen by around 45.3%, but it still remains one of the lowest priced cryptocurrencies in the world, especially considering that its market capitalization places it in 16th place among the most valuable digital currencies .

5. Stellar (XLM)

Stellar (XLM) is an open-source payments network that facilitates fast, low-cost cross-border transfers. It was launched in 2014, with XLM as the native token.

Stellar has grown significantly over the years, processing billions of transactions and establishing important partnerships, including with MoneyGramCircle and Franklin Templeton.

XLM is currently changing hands at $0.1062, nearly 88% lower than its ATH price of $0.8756 reached in 2018 and 22,219.7% above its ATL level of $0.0004761 from March 2018. 2015.

XLM All-Time Price Chart | Source: CoinGecko

According to data from CoinGecko, although it is still one of the lowest priced coins among the top 100 cryptocurrencies in terms of market capitalization, XLM’s current value still reflects a 21% increase in value over the previous year.

6. Gala (GALA)

Next on our list of the 7 cheapest cryptocurrencies to buy is Gala (GALA), a blockchain gaming platform where users control game items and developments.

The GALA token, which can be used to purchase non-fungible tokens, NFTs, and in-game assets, is trading at around $0.04545, giving it a market capitalization of $1,613,994,445.

One Year GALA Price Chart | Source: CoinGecko

The price is a 95.5% reduction from GALA’s all-time high valuation of $0.8248 per token, a level it reached in November 2021.

As such, purchasing the project at this stage represents a substantial discount, especially for a coin that regularly achieves daily trading volumes in excess of $100 million, signifying its continued popularity among crypto traders.

7. Ankr (ANKR)

Ankr Network (ANKR), founded in 2017 by Chandler Song, focuses on simplifying web3 development. It provides a blockchain-based cross-chain infrastructure that supports decentralized finance (defi) and decentralized application (dapp) development.

Ankr also features a to bet protocol, Stkr, which supports ETH staking and offers high liquidity for Ethereum 2.0 stakers.

Its native ANKR token is also one of the cheapest cryptocurrencies in the world, especially among the top 200 coins by market capitalization.

Currently priced at $0.04495, ANKR has a market valuation of $449 million and over US$80 million in total blocked value (TVL).

ANKR All-Time Price Chart | Source: CoinGecko

Its latest price also reflects an 87% increase from last year and a 6,245.5% improvement from its lowest level since March 13, 2020.

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Final thoughts

Investing in cryptocurrency does not have to be an expensive endeavor. While Bitcoin may dominate the headlines with its impressive price and market capitalization, there are numerous low-cost cryptocurrencies that offer significant growth potential.

This guide has highlighted some of the cheapest cryptocurrencies in the world in 2024. From Ripple’s robust payment platform to Cardano’s scalable blockchain, each of these cryptocurrencies offers unique value and opportunities for new and experienced investors.

However, while low prices may be attractive, it is important that you conduct thorough research and consider the long-term potential of any crypto investment before investing your funds in it. By staying informed and strategic, you can navigate cryptocurrencies and find the best opportunities that align with your investment goals.

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