Here is the list of crypto coins prices below Rs 1000 which are anticipated to soar in 2024
Cryptocurrency is one of the most exciting and lucrative investment opportunities of our time. However, with thousands of coins and tokens to choose from, finding the best ones can be challenging. Especially if you are looking for affordable and promising projects that could explode in the near future. In this article, we will introduce you to some of the crypto coins that are currently priced below Rs 1000, or about US$13, and have the potential to soar in 2024. These coins are based on their performance in 2023, which reflects their fundamentals, use cases, crypto market potential, and community support.
1. Polygon (MATIC):
- Current Price: 87.3 INR
- Market Volume: 55.7 Billion INR
Polygon is a layer-2 scaling solution for the Ethereum blockchain, aiming to address Ethereum’s high transaction fees and network congestion. MATIC, its native token, has gained significant traction due to its fast transaction speeds and low fees.
2. Theta Network (THETA):
- Current Price: 40.7 INR
- Market Volume: 15.2 Billion INR
Theta Network is a decentralized video delivery network powered by blockchain technology. THETA aims to disrupt the traditional content delivery infrastructure by offering a more efficient and cost-effective solution.
3. The Sandbox (SAND):
- Current Price: 57.9 INR
- Market Volume: 8.7 Billion INR
The Sandbox is a metaverse platform where users can create, own, and monetize virtual experiences. SAND, its native token, is used for transactions within the platform and has seen increased demand as the metaverse concept gains popularity
4. Decentraland (MANA):
- Current Price: 49.1 INR
- Market Volume: 9.9 Billion INR
Decentraland is another popular metaverse platform where users can own and develop virtual land. MANA, its native token, is used for purchasing land, goods, and services within Decentraland
5. ApeCoin (APE):
- Current Price: 355.9 INR
- Market Volume: 18.5 Billion INR
ApeCoin is the native token of the Bored Ape Yacht Club (BAYC) ecosystem, a collection of non-fungible tokens (NFTs). APE has seen significant price fluctuations due to its association with the BAYC community and its use within the ApeCoin-powered ecosystem.
6. PancakeSwap (CAKE):
- Current Price: 170.1 INR
- Market Volume: 8.9 Billion INR
PancakeSwap is a decentralized exchange (DEX) built on the Binance Smart Chain blockchain. CAKE, its native token, is used for various purposes within the platform, including staking, earning fees, and participating in governance.
7. Cosmos (ATOM):
- Current Price: 808.5 INR
- Market Volume: 5.6 Billion INR
Cosmos is a network of interconnected blockchains, aiming to enable seamless communication and data transfer between them. ATOM, its native token, is used for staking, governance, and paying transaction fees within the Cosmos ecosystem
8. Filecoin (FIL):
- Current Price: 255.3 INR
- Market Volume: 5.0 Billion INR
Filecoin is a decentralized storage network powered by blockchain technology. FIL, its native token, is used for paying for storage services and participating in the network’s governance.
9. Chiliz (CHZ):
- Current Price: 192.2 INR
- Market Volume: 1.5 Billion INR
Chiliz is a blockchain platform for sports and entertainment engagement. CHZ, its native token, is used for purchasing fan tokens, voting on decisions, and accessing exclusive content and experiences.
Tags: Cryptocurrency, Insights