As a rule, novice investors do not have a large budget to invest in the most popular and large-scale assets on the market. That is why we decided to present a list of three projects that will suit those who are limited in finances. Each of these tokens has a chance to bring a big income to the owners.
ERC-20 tokens that can be bought at a small cost
Below is a list of promising and popular coins that are on presale:
- Wall Street Memes – a meme coin that costs less than $1.
- Chimpzee – an eco-project that allows you to earn money by saving the environment.
- XRP20 – a promising new token that fixes all the flaws of the original XRP.
Wall Street Memes
Wall Street Memes is a new crypto project that entered the market at the end of May. Its goal is to create a strong and active community capable of “challenging” capitalism. The token has already raised more than $20 million on the pre-sale, with a value of $0.0328.
The history of the WSM meme token began when the Reddit community decided to resist the hedge fund Melvin Capital and significantly raised the price of GameStop shares. This event served as proof that ordinary people can also influence the market.
The team that released the project is well known to traders and investors. A couple of years ago, it sold NFT collection and earned $2.5 million. This situation had a direct impact on the popularity of the new project – just a few days after the launch, investments crossed the threshold of $1 million.
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The project was well received in the community. Even Ilon Musk paid attention to the new cryptocurrency, publishing several reposts of WSM in his Twitter account. With more than a million people following the team’s social media news, excitement was instantly created around the coin.
The tokenomics of Wall Street Memes is a fundamental part of its future success. The company is going to sell all 100% of the coins among investors. At the presale, you can buy 50% of the asset, 30% will go to rewards and another 20% will be sent to crypto exchanges.
At the presale, you can buy $WSM for $0.0328. The token will rise in price to $0.0337 at the end of the presale.
Pros:
- Having successful cases with the team increases the chances of a large income from the new project.
- Opportunity to participate in Airdrop and get $50,000 worth of coins.
- The large volume of the offer allows everyone to invest profitably.
Chimpzee
The Chimpzee project appeared on the market in the summer of 2023. It represents not just a funny coin, but a real opportunity to change the ecological situation. With its help, more and more people will be able to participate in saving rare animals and slowing down global warming. The token has raised over $1.1 million in the presale with a value of $0.000775.
With this token, it is easy and convenient to earn cryptocurrency. For example, users can purchase official paraphernalia or pass levels in the Zero Tolerance video game. In the first case, the proceeds will be sent to charity.
Today, the token can be bought for $0.000775, but it will rise in price to $0.00185 by the final presale.
Pros:
- The developers donate money to eco-initiatives.
- The project is completely safe.
- You can earn cryptocurrency by saving flora and fauna.
XRP20
XRP20 is an updated version of the old XRP, which achieved great success in the market. The developers made the new asset more profitable, more accessible and equipped it with steaking and burning mechanisms. During the time that the token is on presale, it has already attracted more than $385 thousand. At the same time, its value is $0.000092.
XRP, which is the predecessor of the new coin, has a number of drawbacks. First, the conflict with the US Securities and Exchange Commission negatively affects its price. Second, the cryptocurrency has risen in price several times since its release. This means that not every investor can profitably invest in it and get a return.
The XRP20 team offers a solution: the promising digital currency can be bought 30 times cheaper than the original, but there is a chance to make a profit. The new token is secure, accessible and aimed at retail. That is, all coins issued will go to public sale and burning.
In total, the developers have introduced 100 billion tokens. Of these, 40% of them are on presale. Another 40% will be paid as a reward to those investors who have placed their coins in the staking. Once the presale is complete, 10% will go to listings and another 10% will be burned.
XRP20, which is not a security, can be purchased at the presale for $0.000092. This value will remain unchanged until the final presale.
Pros:
- The burn mechanism will create excitement around the asset and could positively impact its value in the future.
- Investors can keep their savings in staking and receive cryptocurrency for it.
- The team is not going to hold the coins for themselves.
How to understand how promising a particular cryptocurrency is?
Specialists offer several factors that you need to pay attention to when choosing an asset for investment:
- The real utility of the coin. It is better to ask yourself a number of questions: for example, what is the unique feature of the project? Does it offer a real solution to a problem? Does it bring something new to the industry? Does the coin give you the ability to instantly conduct different transactions?
- Developers. Information about the people behind the creation of the cryptocurrency should be scrutinized. For example, you can evaluate their past experience in the market and the roadmap of the project being promoted.
- Community. To avoid putting yourself at risk, you should also take a closer look at the activity of the community that surrounds the project. In most cases, the support of market participants determines the growth prospects of the asset.
- Potential in the market. Here, it is worth paying attention to the potential of the tokens. For example, will they be widely used by market participants or more suitable for a narrow range of people?
Wrapping up
You don’t necessarily need to invest in big projects to make big profits. There are many coins on the market that have high potential and are great for investors with limited budgets. Each of the assets presented today has growth prospects.
However, we remind you that before investing in a particular project, you should carefully study the information about it. You need to pay attention to the usefulness of the coin, its community and the development team.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.