6 Affordable Cryptocurrencies for Those Who Want to Diversify Their Portfolio!


Cryptocurrencies attract a lot of attention, especially among speculative investors. What used to be considered an “extreme” and dangerous investment is now at the center of the financial press. When all this comes together, it can be said that even average investors follow Bitcoin and cryptocurrency movements with curiosity and interest. However, many people are still probably unaware that Bitcoin is not the only cryptocurrency on the market. But if you want to diversify your crypto portfolio away from the big names, there are many other options on the market.

Before reviewing these affordable cryptocurrencies, we need to note that every cryptocurrency is unique, however, even if you believe these cryptocurrencies are worth watching or trading, you should follow the relevant crypto news before deciding to invest in any of these speculative products. You should do your own technical and fundamental analysis.

1. VeChain

Coin price as of September 15: $0.121.

If you’re looking for a really cheap cryptocurrency, VeChain might be worth a look. Although VeChain has gained over 600% since Jan 1, it is still trading at just over $0.12 per coin.

VeChain, the currency of the impressively named VeChain Thor Blockchain, is a platform used to transfer value over the network. VeChain Thor Blockchain is known for being a project specifically designed for supply chain management and business processes using distributed ledger technology.

2. Dogecoin

Coin price as of September 15: $0.246

Dogecoin originated as some kind of joke, but judging by the number of people who have been profiting from it since then, we can agree that DOGE is now real. Dogecoin was created as a satirical approach to Bitcoin, unlike many other cryptocurrencies that serve real-world functions. Earlier this year, the cryptocurrency skyrocketed due to the hype as a result of Elon Musk’s tweets.

The coin can still be considered “cheap” at around $0.24 per coin as of September 15, especially when compared to its May peak of $0.68. However, it’s important to keep in mind the fact that while DOGE can be purchased for around half a cent at the current price, it has increased by over 4,000 percent since the beginning of the year, and there may still be room for growth.

3. EOS

Coin price as of September 15: $5.07.

EOS is seen as one of Ethereum’s competitors, but the two seem to coexist in the crypto world. EOS is the governance token of the EOSIO blockchain. The EOSIO blockchain, like many of its contemporaries, was designed to facilitate large transactions quickly and securely. According to its developers, the platform is fast and scalable, highly configurable, developer-friendly, and focused on security and compatibility. With a price of just over $5 at the time of writing, EOS can be considered an affordable and highly available cryptocurrency.

4. Cardano

Coin price as of September 15: $2.54.

Cardano, which hit an all-time high of 3.09 on September 2 but is now quite far from that level, is a very affordable cryptocurrency for most investors, despite gaining 1266 percent since the start of 2021. continues to be.

According to Coinbase, Cardano; It is a blockchain platform built on a proof-of-stake consensus protocol called Ouroboros that can verify transactions without high energy costs. According to the developers of Cardano (ADA), whose governance token is named after 19th century mathematician Ada Lovelace, Ouroboros allows the Cardano network to be a decentralized platform and provides the ability to scale sustainably to global requirements without compromising security.

5. Stellar

Coin price as of September 15: $0.338

Stellar, a payment network, uses Stellar Lumens as its currency in this network. The network, which can be used by everyone, is designed to connect financial institutions that make large transactions. Unlike traditional or competing blockchain networks, such transactions can be completed on the Stellar network almost instantly, at little or no cost. Although the price of Stellar Lumens is rising steadily, it is still trading well below $1 per coin.

6. Decentraland

Coin price as of September 15: $0.855.

Decentraland is the token behind the Ethereum-blockchain-based virtual reality game of the same name. Securities.io uses Decentraland to develop content and monetize its users; defines it as a 3D virtual world in which one buys land to purchase goods and services and visit other properties. With a market cap of $1.3 billion, this crypto project is much more than a game. In fact, a Sept. 3 analysis of Coinbase made a prediction that Decentraland’s pricing is going to be bullish. According to the analysis; LAND underperformed in the market last month and it’s only a matter of time before it heads towards $1.14 and higher targets.

“What we’ve all learned in the past months is that we need to be prepared for the volatility in the market. Invest only with money you can afford to lose, and avoid investing without research because you’ve heard famous names are interested in crypto. Only you know your risk tolerance and financial goals, so you should do your own research and make your own decisions.”

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.