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Ripple (XRP) and Three Altcoins you should buy under $3

When people think of investing in cryptocurrencies, they tend to focus on the two major coins; Bitcoin (BTC) and Ethereum (ETH). There is too much rush for the major cryptocurrencies that most of the investors forget there are Altcoins like Ripple (XRP) etc that are poised to change the crypto-sphere in 2018 and beyond. These smaller alternative coins offer the entry point to the lucrative digital money markets.

According to the USA Commerce Magazine the two major cryptocurrencies Bitcoin and Ethereum generated gains of 1,616% and 12,570% last years alone. However, these are not the only coins that shone in 2017; Altcoins hand their contribution as well. BTC and ETH alternatives were on fire and they have the potential to make inroads in the market in 2018.

We are all in love with BTC and ETH but with adoption getting out of reach for the ordinary investor, getting onboard the nest Bitcoin or Ethereum right now seems the most sensible thing to do. Altcoins offers the best option to jump into if you are serious about becoming the next cryptocurrency millionaire. The focus is on the best cryptocurrency in the market right now that offers gains this year and the near future.

There are good Altcoins out there in the market that are gaining traction. All you need to do is do a background check and identify a coin to run with. To get you started off, below is list of coins that can buy under $3 and be part of the ever growing cryptocurrency millionaire club.

  1. Ripple (XRP)

Ripple should be your first choice when it comes to shopping for Altcoins under $3.

Current price: $ 1.37

Total Market Value: $ 53,009,480,848

Price gain in the last 30 days: +19.72%

Why buy Ripple (XRP)?

The team behind Ripple seems to identify with the needs of the consumer. Ripple CEO Brand Galinghouse idea is to develop a platform of the future. If you are looking for portfolio growth in the Altcoins arena, this is your chance to start biding your digital assets with XRP.

Ripple thrives on select partnerships in the financial sector in a bid to make global transactions possible. The platform supports back end currency transaction at a minimal fee; an aspect anyone would look for in any cryptocurrency. Ripple offers more than just a value store; products and services that are “tangible” in the crypto-sphere realm.

Ripple is also a real time payment system that is set to revolutionize the banking sector by reducing the time it takes to transact business. It cuts out third parties and reducing the cost of transactions drastically, a benefit that is passed on to the participants and investors.

The last reason why you should by Ripple is trading at $1.37. This is a price anyone can invest for an Altcoin of the future. With the current market correction, XRP has shown positive growth during the last half of December.

  1. IOTA (MIOTA)

IOTA is in a class of its own when it comes to the internet of things (IoT); however, it experiences a price drop recently, you also need to remember it was trading at $ 0.25 during summer. This is the right time to buy the coin given it is trading slightly under $3. It has the potential to surpass the $5 mark the second quarter of 2018.

Current Price: $2.73

Total Market Value: $10.1 billion

Price gain in the last 30 days: -15.6%

Why Choose IOTA (MIOTA)?

If you are looking for the Altcoin of the future, MIOTA is a good deal. The coins ecosystem focuses on device to device based payments and takes a lead as the best in the internet of things class. It will soon be able to provide machine-to-machine transactions.

This is an automation focused cryptocurrency of the future where you can home appliances can buy from each other. The system is created to become the staple network where other IoT systems can be integrated seamlessly.

At a cost of less than $3, you have a network that has zero trading fees since it does not use blocks or miners. As a participant, you give the platform the power to process transactions. Your single transaction is used to validate two others which automatically make you a miner.

One of the reasons why IOTA is a game changer in 2018 is that, plans are underway to make it perform offline transactions. No one can deny the thrill of using a free cryptocurrency platform. It is also a community to join if you enjoy making technology work for you.

 

  1. NEM (XEM)

Current Price: $2.73

Total Market Value: $10.1 billion

Price gain in the last 30 days: + 74.44%

Why Choose NEM (XEM)?

Just as the name suggests, this is the New Economy Movement currency with a distinct structure compared to other cryptocurrencies. Transactions are fast; 3,000 per second and all you need is downloading the wallet which far way cheaper than a bank account.

NEM cost per transaction is 0.1% of the total amount transacted. Unlike other cryptocurrencies, you can actually trace XEM coins and this gives you enough trust as a user. This gives the platform an upper hand when it comes to linking it to financial institutions and insurance service providers.

If you are looking at saving on utility bills, sung the XEM application helps you save up to 100 times less when compared with BTC. The system is environment friendly and easy to maintain. Unlike most platforms, XEM demand is purely controlled by the network and is never affected by the global oil price.

One more reason to by NEM while is still under $3 you do not need to be tech savvy to harvest XEM coins. You can delegate the function since you only need 10,000 XEM vested to begin working on them from your computer. As we move into the second quarter of 2018, more investor benefits are on the offing.

  1. Ardor (ARDR)

Current Price: $1.49

Total Market Value: $1.48 billion

Price gain in the last 30 days: + 66.24%

Why should you Buy Ardor (ARDR)?

Ardor offers the best entry point for those yearning to own their first cryptocurrency. Currently, it is one of the fastest growing coins and getting onboard puts your investment portfolio in the right direction. If you are looking for an Altcoin that is under $3 to buy at the moment, I suggest you try Ardor.

The price for ARDR stands at $1.49 and looks set to run higher by mid-2018. This is the right entry point for any cryptocurrency enthusiast especially if you are looking at it a blockchain-as-a-service ecosystem. The early adoption is backed by heavy weight holders and this is a good foundation for any currency.

As a user, you take advantage of the NXT technology and you do not have to rely on the centralized holding of older blockchains and this convenient platform where you can pick some cheap tokens and grow in a short period of time if history determines the destiny of the digital currency.

The whole idea to choose Ripple and other Altcoins under $3 is to position you for the anticipated boom in alternative coins. You do not have to focus on Bitcoin and Ethereum, instead, get a smarter way of buying cheap and grow. If we all go for the major cryptocurrencies, it means fewer millionaires with same coins.

 


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5 comments

  1. As I write this Ripple is down to $1.58 and my finger is poised above the buy button. Do you think it’s still a good coin or has it taken too much of a beating lately?

    1. It’s a very personal decision. What you should ask yourself is whether you’re a short-term day-trader who’s looking for quick profits, a swing trader who might hold until the next price jump, or a value investor who believes in the coin/company enough to be in for the long haul.

      If you’re investing short term it just jumped from around $.80 to around $1.60 in the past 24 hours. Far from ideal to get in now as it’s hitting resistance between $1.50 & $1.60. But as a value investor holding long-term it’s been as high as $3.65 before, and will likely surpass that when the company announces more partnerships throughout the year. And if they do end up getting added to Coinbase it could easily jump above $5. So the answer depends on you, but hopefully this info helps…

    2. Thanks Laney,
      I think if you are looking for an entry point Altcoin, XRP is the coin of the moment; however, you need you need a coin to grow with it is a good coin.

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