Ethereum

2024

Strong

Polygon

<div class="watcher-guru">
 <p>The crypto<a rel="noopener noreferrer nofollow" title="currency" href="https://thebittimes.com/tag/currency.html">currency</a> market presents many lucrative opportunities, even for investors on a budget. While mega-cap coins grab most of the headlines, smaller cryptocurrencies are trading for under $1 and offer exciting growth prospects.</p>
 <p>Two such coins with tremendous upside are Polygon (MATIC) and XRP, both currently priced well below a dollar. Though very affordable, these two cryptos have promising utilities and applications that could fuel substantial price increases.</p>
 <h2 class="wp-block-heading" id="h-2-coins-under-1-with-strong-growth-potential">2 Coins Under $1 With Strong Growth Potential</h2>
 <h3 class="wp-block-heading" id="h-polygon-matic-ethereum-scaling-solution">Polygon (MATIC): Ethereum Scaling Solution</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="768" height="429" src="https://cdn.thebittimes.com/images/2024/01/18/bf47cb2b5517c49bb109634098fe1a68.webp" alt class="wp-image-124581" srcset="https://cdn.thebittimes.com/images/2024/01/18/bf47cb2b5517c49bb109634098fe1a68.webp 768w, https://cdn.thebittimes.com/images/2024/01/18/bf47cb2b5517c49bb109634098fe1a68.webp 300w, https://cdn.thebittimes.com/images/2024/01/18/bf47cb2b5517c49bb109634098fe1a68.webp 380w, https://cdn.thebittimes.com/images/2024/01/18/bf47cb2b5517c49bb109634098fe1a68.webp 550w" sizes="(max-width: 768px) 100vw, 768px">
 </figure>
 <p>Polygon, formerly known as Matic Network, has evolved into a Layer 2 scaling solution for Ethereum. Providing faster and more cost-effective transactions, Polygon aims to address Ethereum’s challenges, such as high gas fees and network congestion.</p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <p><strong>Also read: 3 Ethereum (ETH) Alternatives Under $5 Poised for 2024 Breakouts</strong></p>
 <p>Several factors may contribute to Polygon’s growth in 2024:</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <ol>
  <li>Scaling Needs: As Ethereum expands, the demand for scalable solutions like Polygon may see a significant increase.</li>
  <li>Ecosystem Growth: Polygon’s capacity to onboard more projects and users continues to bolster its position for widespread adoption.</li>
  <li>Upgrades: Ongoing improvements to Polygon’s infrastructure could further solidify its status as a premier Ethereum scaling platform.</li>
 </ol>
 <h3 class="wp-block-heading" id="h-ripple-xrp-global-payments-network">Ripple (XRP): Global Payments Network</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="768" height="432" src="https://cdn.thebittimes.com/images/2024/01/18/d30ceb560830f1105de8425c2668ff0a.webp" alt class="wp-image-124582" srcset="https://cdn.thebittimes.com/images/2024/01/18/d30ceb560830f1105de8425c2668ff0a.webp 768w, https://cdn.thebittimes.com/images/2024/01/18/d30ceb560830f1105de8425c2668ff0a.webp 300w, https://cdn.thebittimes.com/images/2024/01/18/d30ceb560830f1105de8425c2668ff0a.webp 380w, https://cdn.thebittimes.com/images/2024/01/18/d30ceb560830f1105de8425c2668ff0a.webp 550w" sizes="(max-width: 768px) 100vw, 768px">
 </figure>
 <p>Ripple and its XRP token have gained traction as a swift, cost-effective messaging and liquidity platform for cross-border payments. Ripple’s continuous integration with financial institutions to facilitate faster money transfers and <a rel="noopener noreferrer nofollow" title="currency" href="https://thebittimes.com/tag/currency.html">currency</a> trades contributes to the adoption of XRP.</p>
 <p><strong>Also read: Crypto<a rel="noopener noreferrer nofollow" title="currency" href="https://thebittimes.com/tag/currency.html">currency</a>: 3 Coins Under $0.1 With Top Growth Potential</strong></p>
 <p>XRP’s growth potential by 2024 revolves around:</p>
 <ol>
  <li>Financial Use: The increasing real-world utility of XRP for payments sets it apart from purely speculative cryptocurrencies.</li>
  <li>Institutional Adoption: The expanding participation of banks and remittance firms in the Ripple network significantly extends XRP’s reach.</li>
  <li>Global Footprint: Ripple’s broader role as an international financial network positions XRP for substantial growth in the future.</li>
 </ol>
 <p>With strong fundamentals rooted in solving real-world problems, Polygon and XRP present compelling growth opportunities for crypto investors, even on limited budgets. Their vast upside potential, affordability at under $1, and continuously expanding utility and adoption put these two cryptos among the smartest buys for 2024. For those looking to maximize returns from minimal investments, MATIC and XRP check all the boxes.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cryptocurrency-2-coins-under-1-with-strong-growth-potential-tbt76897.html">https://thebittimes.com/cryptocurrency-2-coins-under-1-with-strong-growth-potential-tbt76897.html</a></p>

Cryptocurrency: 2 Coins Under $1 With Strong Growth Potential

Table of Contents

TheBitTimes

Other articles published on Jan 17, 2024

Qtum’s 2023 Yearly Wrap-up

Sei Network Price Prediction As Rocket-Fast Breakout To $1 Catches Momentum

Ex-Spain FA boss Rubiales launches NFTs amid sexual assault accusations

Critical Trial Begins: The Future of Altcoins at Stake

XRP Analysis Reveals Intriguing Parallels with Historical Trends: A 2024 Outlook

Chainlink Price Prediction: LINK Blastoff Past $30 Imminent?

Join our free newsletter for daily crypto updates!