Introduction
Cryptocurrency gained so much popularity in recent years, especially when Elon Musk, the owner of Tesla Motors and space x, announced that his company would now accept payment in bitcoin, another mode of payment. In August 2021, the cryptocurrency market boomed as almost every cryptocurrency, even small ones, was gaining profit. The top three cryptocurrencies that achieved the highest profit percentage are bitcoin (BTC), ethereum (ETH), and tether (USDT). But small cryptocurrency holders were also in a good position. Everyone knows top cryptocurrency, while only a few people know about low-rate cryptocurrency. Today, this article will discuss cryptocurrencies under 100 dollars, suitable for both long-term and short investments. If you are interested in investing in Bitcoin, the top cryptocurrency, visit this link bitcoin investing for complete information about the crypto world.
Cardona (ADA)
Ethereum co-founder Charles Hoskinson made this cryptocurrency in 2017, and Cardona’s developer(s) are Cardona foundation, EMURGO, and IOHK. Cardona is also the most significant cryptocurrency for using proof-of-stake blockchain. Cardona runs on a platform that is a public blockchain. It is a decentralized and open-source platform. Cardona built on a consensus platform which is proof of stake. The total supply of Cardona in the cryptocurrency world is around 33 billion, while it can reach the maximum reserve of up to 45 billion. The current price of Cardona is 2.10 dollars, which is relatively low in terms of profit we can gain by investing in it. It claims that it controls the current problems of the crypto world, according to Mashable.
Dogecoin (DOGE)
Jackson Palmer and Billy Markus were both software engineers that created dogecoin in 2013. They made this cryptocurrency to make fun of cryptocurrencies because there was wild speculation in the crypto world. Despite its sarcastic nature, few people considered dogecoin as a legalized investment chance. In May 2021, its market reached over 85 billion dollars and made an online community of dogecoin. Its current price is 0.21 dollars. The code of dogecoin is DODGE, and the block time is 1 minute. The hash function of dogecoin is based on the script. The total supply of dogecoin is around 131 billion, while the maximum supply is unlimited.
Ripple (XRP)
This cryptocurrency was released in 2012 by US-based technology company Ripple Labs. Ripple does not work on blockchain technology despite being a cryptocurrency; it runs on a harsh tree. We can exchange this cryptocurrency with many other cryptocurrencies without spending a single penny as a fee. The current supply of Ripple is over 50 billion, while the total supply is counted as 100 billion dollars. The current price of Ripple is around 1.08 dollars, while it has a prediction to go to 8 dollars in 2025. Many financial institutions accept Ripple for offering an excellent international payment experience for their customers.
Tron (TRX)
It was released in 2017 initially by Justin sun. The code of Tron cryptocurrency is TRX. The market capitalization of Tron cryptocurrency will be 5.5227 billion in June 2021. The protocol Tron used was based on the ERC-20 token, but in May 2018, it switched from ERC-20 to the peer-to-peer network. However, the Tron foundation maintains the Tron protocol. It offers a virtual machine that is decentralized and has zero transaction fees. This network runs the highest number of transactions per second which is approximately 2000. However, researchers questioned its transition speed as it was far away from the theoretical claim. The current price of Tron is 0.09 dollars. Some researchers said that it would have a bright future after 2021.
Stellar(XRM)
Jed McCaleb developed stellar Cryptocurrency on July 31, 2014. The Delaware corporation, which is non-profit, supports the Stellar protocol. It runs on the blockchain network, and its code is XLM. The current supply of stellar cryptocurrency is 23 billion, while the full collection is 50 Billion. The official website of this cryptocurrency is stellar.org. The current price of this cryptocurrency is 0.265, while it has a prediction to go to 5 dollars by the end of 2025. The market capitalization of Stellar Cryptocurrency is six billion, and its ROI is +9400.61%. Like other cryptocurrencies, the stellar own digital currency is Lumen.
