Cheap Cryptocurrencies To Know
Cheap cryptocurrencies to buy or store may be the most common question among the many questions asked about the cryptocurrency market, after its market cap reached the highest value in this market’s history, recording more than 800 billion US dollars. This sharp rise came on the back of strong interest in and demand for these cryptocurrencies.
The market value of the cryptocurrency market then fell, settling on Wednesday, 28 March 2018 at 300 billion US dollars, losing more than 60% within three months. Bitcoin had reached its highest price in its history, recording 19,000 US dollars at the end of 2017, before falling back to settle near the 8,000 US dollar level.
Cheap cryptocurrencies
We have previously explained the importance of market cap in the cryptocurrency market. Although many cryptocurrencies today trade at a low value, which some traders look at for long-term holding or for buying and then selling over the medium term, we will look at 5 low-priced cryptocurrencies from among the 10 coins with the highest market cap in this market today.
Ripple (XRP)
The lowest price the coin recorded in its history was 0.003 US dollars on 5 January 2014, and the highest price it reached was 3.81 dollars on 4 January 2018, with a market cap valued at more than 147 billion US dollars. Today, Wednesday 28 March 2018, the price of Ripple sits at 0.58 US dollars.
EOS (EOS)
The lowest price the coin reached was 0.48 dollars on 24 October 2017, and its highest price was 18.25 dollars on 18 January 2018, with a market cap valued at more than 10 billion dollars. Today, the price of EOS sits at 6.30 dollars.
Cardano (ADA)
The lowest price the coin reached was 0.021 dollars in October 2017, and the highest price it reached was 1.28 dollars in January 2018, with a market cap valued at more than 32 billion US dollars. Today, the price of Cardano sits at 0.16 dollars.
Stellar (XLM)
The lowest price was 0.001 dollars in November 2015, and the highest price it reached was 0.87 dollars on 4 January 2018, with a market cap valued at more than 15 billion US dollars. Today, the price of Stellar sits at 0.22 dollars.
IOTA (MIOTA)
The lowest price the coin recorded was 0.15 dollars on 15 July 2017, and the highest price it reached was 5.31 dollars in December 2018, with a market cap valued at more than 14 billion US dollars. Today, the price of IOTA sits at 1.20 dollars.
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