For the everyday investor, low-cost tokens are easier to get into than higher-priced coins like bitcoin (BTC) and ether (ETH). It feels better owning thousands – or even millions – of a token than owning 0.1 of a token. And, some spectacularly low-priced tokens have gone to the moon, leaving millionaires in their wake.
It happens every bull cycle, and this upcoming bull cycle is no different. Some people are going to make the right decision and their lives will be changed forever. Here are three tokens under $1 that are likely to pull it off.
The new project, HedgeUp (HDUP), is a big idea of doing big things with an amazingly priced token. The team behind HedgeUp (HDUP) is bringing alternative assets to the everyday investor.
So, what are alternative assets?
Great question. While they can be anything outside traditional investment vehicles, in this case, they are physical assets such as art, diamonds, and exotic spirits.
Normally, the barrier to entry is far too high for most people to get in on these items. And that’s unfortunate because so many of them have huge potential to increase in value. Which is about what you’d expect from something only the rich have access to.
But soon, everyone will be able to get in on this fantastic opportunity. HedgeUp (HDUP) will work with third-party vendors to acquire these items. They will then insure them, store them, and make NFTs to represent them.
Investors will be able to buy NFTs that act as a receipt for a piece of the asset. As the asset goes up in value, so does the NFT.
HedgeUp (HDUP) is starting out on Ethereum to take advantage of its popularity, but will soon after move to the Binance chain.
HedgeUp (HDUP) is blasting through its ICO. It is in stage 4 out of 8, but the HDUP token can still be bought for $0.036. When stage 5 gets here, the price goes up so interested investors are getting in now.
Cardano (ADA) is built from the ground up to solve the blockchain trilemma in a way that Ethereum still hasn’t managed to. The founder of Cardano (ADA) is Charles Hoskinson, who was also a co-founder of Ethereum. Early on, he saw the problems with proof-of-work and Ethereum’s inability to scale.
Hoskinson and Cardano (ADA) have taken the long road to success, choosing to “measure twice, cut once.” This has turned off some people in the ultra-fast, ultra-volatile world of cryptocurrency, but Hoskinson has remained resolute.
The recent bear market has been something of a boon for Cardano (ADA). Not much has moved in the past year and a half, giving Cardano (ADA) time to move the ball down the field while everyone else was also going slow (or stopping altogether).
Shiba Inu (SHIB)
Shiba Inu (SHIB) might be Pepsi to Dogecoin’s Coke, but the number two meme coin could break out this year like it did in 2021. As a meme coin, it is almost purely fueled by social media hype and the strength of its community, but that has worked for it before.
On top of the normal meme coin hype, Shiba Inu (SHIB) has some back-end utility with a decentralized exchange (DEX) and an NFT marketplace. It’s definitely possible that it could have a great year.
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