The memorable rallies of the cryptocurrency market were held by Dogecoin and Shiba Inu. Their low prices and billionaire support were the main driving catalyst for meme coins in the 2021 bull run. In this article, let’s take a look at 5 altcoin projects with high potential at penny prices from analyst Shourya Jha’s list.
Here are the top 5 altcoins under $1 with enormous potential
Dogecoin (DOGE)
Dogecoin is a meme coin that has been around since 2013 but gained its real fame in 2021. As a cryptocurrency originally created for humorous purposes, it has become one of the biggest names in the crypto market. Dogecoin has a strong community and is known for low transaction fees and fast transaction times. It is currently trading at $0.07356.
Shiba Inu (SHIB)
Shiba Inu is the second largest meme coin released in 2020. It gained popularity due to its meme-inspired branding and low price. SHIB is currently among the trending coins due to the ongoing launch of Shibarium and the recent launch of ShibaSwap. At the time of writing, it is trading at $0.00001066 on a green market day.
Chiliz (CHZ)
Chiliz is a Blockchain-based platform that aims to provide fans with a new experience. It allows fans to vote on various decisions such as team formations and earn rewards for their participation. CHZ has partnered with major sports teams and organizations, including FC Barcelona and the UFC. It is currently trading at around $0.1196 and has a market cap of over $860 million.
VeChain (VET)
VeChain is a Blockchain-based platform that aims to improve supply chain management and product tracking. It has partnerships with giant companies in various industries, including BMW and Walmart China. VeChain, an altcoin, uses bBockchain technology to verify product authenticity and ensure transparency in the supply chain. It is currently trading at $0.02316 with a market cap of over $1 billion.
The Graph (GRT)
Graph is a decentralized indexing protocol that allows developers to access data from Blockchain networks. It is designed to make it easier for developers to build decentralized applications (dApps) by providing a way to search and index blockchain data. GRT, the native token of the platform, is used for transaction fees and administration within the network. It is expected to be listed on Binance in the coming months, as we quoted as Kriptokoin.com.
At the time of writing, GRT is trading at $0.1517 with a market cap of over $1 billion. Graph, which provides data to artificial intelligence, is the 42nd largest crypto currency in the market.
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