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With great risk often comes great reward… This is exactly how a regular guy has invested $26,000 in March and now is sitting on $126M… You’ll find out in a few what altcoin had he bought to reap that reward, plus other cheap ones.
If you’re really looking for cheap altcoins and cryptocurrencies to invest in today, we are going to be talking about 7 of them that might tickle your fancy and allow you to achieve big things.
Important: I am not a financial advisor. The ideas presented in this blog post are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. The ideas presented in this article are my opinions at the date of writing and may have changed in the future.
If you find this post inspiring and useful, share it with your friends, please! (Virtual high fives and awkward hugs to all my sharers out there ✋)
Don’t Have Time To Read? Here’s The Best Altcoins To Buy Today
| Token | Market Cap | Price |
|---|---|---|
| OMI | $552,013,785 | $0.00332 |
| SHIB | $3,744,618,963 | $0.000009485 |
| VET | $8,382,336,845 | $0.1307 |
| SAFEMOON | $3,020,292,130 | $0.000005157 |
| UBEX | $1,375,642 | $0.0004114 |
| BONFIRE | — | $0.0000002004 |
| BTT | $2,791,255,955 | $0.004229 |
Please note that the variables and numbers in the above table may have changed at the time you’re reading this blog post! We’ll do our best to keep it up-to-date for a better experience!
What Are Altcoins In Cryptocurrency?
Altcoins are coins that were created after Bitcoin and have established themselves as better alternatives for the base coin! So, technically, any cryptocurrency other than Bitcoin is an altcoin, and they account for over 40% of the total cryptocurrency market, according to Investopedia.
There are currently over 9,000 altcoins in the market today. Do they all worth investing in? Definitely NO! There’s a huge percentage of them do not even have a clear use case. So, you have to do your due diligence before throwing any penny in the market.
How To Buy Crypto On Coinbase?
Coinbase tends to be one of the biggest and most trusted crypto wallets out there! It’s easy-to-use, is designed quite well, and will protect your coins with multiple security features (i.e. 2-FA).
Creating a Coinbase wallet is fairly easy and can be done in a matter of minutes. You simply go to Coinbase.com and click the “Get Started” button in the top right. Alternatively, you can click the button below this image to receive $10 in free Bitcoin if you spend over $100!
After creating your Coinbase wallet, you would need to link a payment method and fund your account with some cryptos that you can trade for your desired tokens or coins!
This can be easily achieved by going to your Coinbase account settings – the Payment Methods tab.
What Altcoins Are Good Investments?
Below are my top 7 picks for the altcoins to buy and invest in today. I tried to find you the ones with the highest potential of financial gain that have actual businesses behind them and involve the lowest risk possible.
1. ECOMI
Chances are if you’re in the NFTs and digital collectibles space, you could have heard about a company called Veve, which is a Singaporean blockchain-based premium licensed digital collectibles marketplace that works with big brands like Ultraman, Batman, Cartoon Network, Harley Quinn, Ghostbuster, and more!
Veve is backed up with a crypto token called ECOMI (OMI) which shows huge potential and is growing steadily. OMI has a total supply of 750,000,000,000 tokens, and only 13.7% has been burned yet.
I truly believe that Veve only competes with itself and its future seems to be brightening as they keep building their community and team, getting more licenses, and doing more drops.
Veve’s drops, collectibles, and auctions can all be found in their application that you can download from both IOS and Android devices.
>>> Click here to get a 30% discount on transaction fees when buying OMI tokens!
2. SHIBA-INU
You should have heard about Dogecoin, unless you’re living under a rock. But have you heard about the Dogecoin killer?
Shiba Inu is a new meme decentralized cryptocurrency that was created in the middle of 2020, and the people behind this token have leveraged a clever marketing technique and have named their token “Dogecoin Killer”.
SHIB has recently gained a lot of popularity especially after Ethereum’s Co-Founder Vitalik Buterin had donated over $1 billion worth of SHIB to the India Covid relief fund and other charities!
SHIB is showing huge potential, especially that they will be launching the ShibSwap exchange soon, which has the potential to compete with Uni Swap.
They are also aiming to make their token a base currency that will set them apart if this happens… The token maximum supply is 1,000,000,000,000,000 tokens
SHIBA’s community is growing fast and there are currently 420,000 holders out there. SHIB is being covered and featured on big publications like Benzinga, FXstreet, Business Insider, and more, and a lot of big influencers have been adopting the token and the company.
>>> Click here to get a 30% discount on transaction fees when buying SHIB tokens!
3. VECHAIN
The VeChain ecosystem is built on top of the VeChain Thor Blockchain. A dual-token system made of the VeChain (Vet) and VeThor Power (VTHO).
It’s basically a proof of stake economy that rewards VeChain holders with VeThor tokens. This means, if you hold VET tokens, you’re entitled to VeThor tokens, based on the amount of VET tokens you hold.
What’s unique about Vet token is its ecosystem and utility. The idea of this token is to link products to consumers using blockchain technology. This is a fancy way of saying “supply management”.
In the last couple of years, this has evolved into internet-of-things token layer, tracking assets on the blockchain coupled with a smart contract layer to actually track who owns these assets and the code to create decentralized applications or (DAPPS) to use the data!
It’s one of the older projects in blockchain and it was created in 2015 with a maximum supply of 86,712,634,466 VET tokens, and I believe that it’s currently undervalued and it has the potential to skyrocket in the near future.
>>> Click here to get a 30% discount on transaction fees when buying VET tokens!
4. SAFEMOON
Earlier this week, I was watching a video on YouTube for Zaka Signals that talks about the richest Safemoon millionaire, who has made a 1,000,000% return on a $26,000 investment in less than 75 days…
The SafeMoon community is growing insanely fast, and their Twitter page has recently been verified by Twitter with over 850,000 active community members.
SafeMoon seems promising, especially with their rewarding system that penalizes people who sell and reward people who hold.
The token maximum supply is 1,000,000,000,000,000 SafeMoon tokens, and according to their official site, there are currently over 2,500,000 holders that are investing and believing in the project’s vision!
>>> Click here to get a 30% discount on transaction fees when buying SafeMoon tokens!
5. UBEX
UBEX is a decentralized advertising company that leverages artificial intelligence to increase the effectiveness of advertising through modern technologies and high-quality services.
The utility behind this company is just amazing and they work in verticals like Pharma, Finance, Auto, Real Estate, E-Commerce, FMCG, and more!
The company has been featured on big publications, and the platform’s interface just speaks for itself…
Digital marketing and paid advertising are just here to stay, and this creates more room for growing of the UBEX token.
>>> Click here to get a 30% discount on transaction fees when buying UBEX tokens!
6. BONFIRE
A lot of people have been saying that this is the next SafeMoon since it’s a 1000x altcoin. Bonfire is a frictionless, yield-generating contract that allows you to seek shelter amidst the chaos of the market.
Bonfire is another token that rewards holders with a 5% transaction tax, which puts Bonfire tokens directly into your wallet every time someone buys or sells!
Bonfire has been getting a ton of partnerships recently and listings coming that they are excited to announce. Their community is active and is growing fast. The token maximum supply is 1,000,000,000,000,000 Bonfire tokens with over 30% burned so far!
This token is at a very low price at the moment of writing this blog post. So, if you want to take the shot you can secure yourself a couple of Bonfire millions for some dollars, and who knows… It may take off soon, just be responsible when investing!
>>> Click here to get a 30% discount on transaction fees when buying Bonfire tokens!
7. BIT TORRENT
Bit Torrent is an online platform where users can download large files with low internet bandwidth. It is open source meaning that anyone can modify or redistribute the original file code since they are free to access and download.
The platform aims to provide a peer-based network that allows a vast distribution of music files, software programs, and other products.
Users can download a file by requesting a copy of the file from the server, and this transfer is regulated by a set of rules like a file transfer protocol, or hypertext transfer protocol, which increases the download speed unless the file has high demand and the traffic on the server.
BTT shows a huge potential in terms of financial gain and there’s a solid utility behind it, which makes it a great and cheap crypto token to consider buying today.
>>> Click here to get a 30% discount on transaction fees when buying BTT tokens!
Conclusion
Investing in altcoins or in the crypto market, in general, is a two-way street. It might make you the first millionaire in your family, or you might end up falling into a new Ponzi scheme trap!
According to the Federal Trade Commission official website, since October 2020, reports have skyrocketed, with nearly 7,000 people reporting losses of more than $80 million on these scams.
In this article, I’ve shared with you my own picks of the cheapest altcoins that you can buy today in 2021, but truth be told, the project that I’m most bullish about is Veve. Veve’s altcoin (OMI) shows the highest potential for the next 5 years, at least for me!
Remember always to trade responsibly with what you can afford to lose only, and if you have not claimed your FREE $10 worth of Bitcoin on Coinbase yet, now is the time to do so.
If you find this post inspiring and useful, share it with your friends, please! (Virtual high fives and awkward hugs to all my sharers out there ✋)
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Cheers,
Odeh Ahwal
