Hi Crypto Network,
I hope you enjoyed our previous article on EOS vs ETH, with the market shifting and changing every week, it’s important to be updating and thinking about which coins you may be holding.
With the market sitting at $314,923,725,497 as of writing this article on Sunday June 10th, the crypto markets have seen a sharp drop today, in the wake of the news that the US Commodity Futures Trading Commission (CFTC) has launched a probe into four major crypto exchanges.
With the recent dip in the market, I wanted to share 5 top cryptos under the 1$ mark which highlight real value based on market sentiment, technology, and trading volume!
TOP CRYPTOS UNDER 1$ IN JUNE 2018
These are in no particular order as all are well worth including in a rounded and diverse crypto portfolio.
1. STELLAR LUMENS (XLM) $0.26
Stellar currently sits number 7 in market capitalisation at $4,848,287,699 and ranges between $48 million and $60 million trading volume daily. XLM can be found on most if not all of the top exchanges and is extremely well established.
Stellar has been a part of some major, ground-breaking projects and collaborations for a long time now. The highlight among these is the collaboration between IBM and Stellar Lumens.
XLM has several projects in the works, all driven and building the Stellar Lumens Network, as well as building distinct use-cases, including: REM loyalty, Swych, TillyBilly, FLipNpik, Cross Hedge, SVPER, SID’s, LocalXpose and Pedity. All of these projects serve different purposes and are being developed in a distinctive method.
One feature of the coin that has kept it in the first ten cryptocurrencies is its nature. The transactions are fast, and the cost of operations is low. As mentioned before, IBM is also starting a project where they would move money across the border using the Stellar network, which is a huge positive for traders and investors to consider.
The supportive nature of the coin is also another winning factor. The platform is a decentralized network that supports assets added by Stellar Lumens users. Users can buy or sell assets, and you can find many additional features including passive offers, cross-asset payments, and order book.
2. BASIC ATTENTION TOKEN (BAT) $0.23
BAT currently sits at number 61 in market capitalisation at $238,136,000, and ranges between $2 million and $4 million trading volume daily. BAT can be found on most if not all of the top exchanges with Binance being the most popular.
Brave (the company behind BAT) is trying to fix the problems that we face due to the current online advertising paradigm. In its current state, online advertisement is prone to low-quality content, poor targeting, and a lack of viewer engagement and conversion.
Brave is trying to fix this through the use of BAT and Brave’s custom, high-quality advertisement environment. It will pay users in exchange for their attention while watching curated advertisements and will allow users to either cash out their BAT, or spend their BAT to reward content creators.
Brave currently has a browser that already integrates BAT payments, which has millions of users and is constantly growing its user-base.
3. POA NETWORK (POA) $0.27
POA currently sits at number 164 in market capitalisation at $55,663,304, and ranges between $1.8 million and $1.5 million trading volume daily. POA can be found on a select few exchanges but the main volume of trading passes through Binance.
Oracles Network (POA Network) is the first Ethereum-based public network with Proof-of-Authority (PoA) consensus, reached by independent, pre-selected validators. Oracles Network makes smart contracts cheaper and faster than Proof-of-Work (PoW) predecessors.
POA is a blockchain of blockchains, that is compatible with Ethereum, but way faster and works at a fraction of the fees. Companies are likely to switch over to POA, and if that happens, we can see a transfer of value from Ethereum to POA Networks, legitimising their value in the crypto world.
With the launch of the first production cross-chain bridge in blockchain history on May 10th, POA’s new feature gives users the ability to send POA tokens back and forth between the POA Network and the Ethereum network. This is a decentralized application built on the POA Network that is unique and has never been done before. The POA cross-chain bridge simply serves as a method of transferring POA native tokens from the POA Network to the Ethereum network in a quick and cost-efficient manner.
POA believes users could really benefit from this new feature in the way they conduct their business, allowing them to be quick and cost-efficient. By creating the POA Bridge, we are allowing POA and other sidechains access to bigger markets and more liquidity.
I really like this development, by creating cross-chain compatibility, having this as a benchmark can really start launching the technology into new levels.
CONCLUSION ON TOP CRYPTOS UNDER $1
In conclusion, as you can see from the 3 coins listed here, there are very strong offerings in the major, mid, and low-cap sectors of the market. Having a diverse up-to-date portfolio is key in today’s ever-changing crypto market. We are offering a totally free-of-charge portfolio review from an expert crypto trader, so if you feel your portfolio could be doing more, then get in touch with us right now, and discover exactly which coins we are adding to our fund and portfolios!
WHERE PLATINUM CRYPTO ACADEMY COMES IN
Platinum Crypto Academy is here to support traders of all levels, so if you need some advice on your portfolio, or if you’re just looking to get started in cryptos, we are here to help. If you haven’t heard much about cryptocurrencies, here’s the brief version from an investing point of view. Over the last 18 months, the cryptocurrency market was the single highest rising market in the world.
It beats out Gold, Silver, Aim stocks, the FTSE, anything you can name. It out-performed small caps by 80 times! How and why this happened, and why even this enormous growth could be DWARFED over the next 2–5 years? Spend some time with a Platinum Crypto Trader and you will see just what is possible.
If you’ve booked your session above, we look forward to speaking to you soon!
Hopefully, you have enjoyed today’s article. Thanks for reading!
Have a fantastic day!
Live from the Platinum Crypto Trading Floor.