Five sub-$1 tokens and projects to invest in 2023

Dov Herman

The year 2022 will go down in history as one of the worst for the cryptocurrency market. But even with the current fixes, projects keep popping up by the thousands. In this sense, there are many projects that are being developed and are preparing news for 2023, while others have started to emerge now, but have enormous potential for growth. The traditional financial market has penny stocks, the name given to shares worth less than US$ 1. Cryptocurrencies also have their “penny tokens”, projects that are showing great results and have the potential to explode in 2023. best penny tokens among the nearly 21,000 options available. However, today’s text brings five options that are worth less than $ 1 and can generate great income in 2023.

Dash 2 Trade (D2T)

Dash 2 Trade is a cryptocurrency analytics and social trading platform that users can access with D2T, the project’s native token. The project had a pre-sale of tokens in October, in which it raised more than US$ 600 thousand, or about R$ 3.1 million. It may seem like a low value, but remember that the market is in a bear market. The project offers trading signals for those who want to buy or sell cryptocurrencies. These signals evaluate social and technical indicators and then offer the best trading strategies. The platform analyzes the growth of cryptocurrencies on various social media platforms such as Telegram and Twitter. It also provides technical indicators such as order book statistics and moving averages to aid in investment decision making. In times of decline, these indicators can help investors make better decisions and, consequently, increase their profits. With that, the project should have a strong increase if it manages to deliver everything it promises.

Chile (CHZ)

Chiliz is an old acquaintance of those who like sports and fan tokens, especially in football. Its platform contributed to the creation of tokens for big clubs, such as Barcelona and Vasco da Gama, for example. As of October 2022, the project has issued 8.8 billion CHZ tokens. This coin currently has a market cap of $1.4 billion. With the World Cup, people are looking back at the most popular sport on the planet. As investors develop interest in entertainment-related tokens, Chiliz becomes the top choice for most traders. Another advantage of Chiliz is the Socios platform, a platform for interacting with sports fans. Within this platform there are different surveys that provide up-to-date information. As fans seek new ways to interact with clubs, Chiliz could come out on top in 2023.

Tamadoge (TAMA)

A kind of cross between dog cryptocurrencies and Tamagochi popular in the 1990s, Tamadoge allows users to breed and breed Tamadoge pets. But in that sense, the game also combines features of RPGs, as users can fight each other with their virtual pets. Those who win duels evolve their characters and earn rewards in TAMA, the game’s native token. Tamadoge completed its pre-order round in 2022 after raising $19 million. Despite the bear market, the token sold out its pre-sale round in eight weeks. In addition, TAMA has an advantage over other gaming tokens: it has a limited supply. According to the project’s white paper, there will be a maximum of 2 billion tokens. That is, the token tends to gain value as users acquire TAMA.

Basic Attention Token (BAT)

Token native to the Brave browser, BAT has been around since 2017 and is considered one of the best cryptocurrencies for long-term investors. Like TAMA, BAT has a maximum supply – in this case, 1.5 billion tokens – but its price is still worth less than $1. Brave users have a browser that blocks external ads and places ads from its partners. They can choose whether or not they want to see the ads, and those who watch earn BAT in exchange for clicking on the ads. Once users earn BAT, they can donate the tokens to advertisers and content creators or they can cash out the tokens. So BAT is a reward token in this advertising ecosystem.

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