10 Best Cryptos Under 1 Cent for Higher Returns in 2024

Cryptos under 1 cent can offer traders one of the fastest routes to making big profits. Because they start from such a low base, small-cap cryptocurrencies have the potential to rally exponentially, particularly if they go viral. 

Meme tokens such as Bonk (BONK) and dogwifhat (WIF) offer strong examples of this, with BONK alone sitting on a 7,000% gain in the past year. And what’s exciting about a coin such as BONK is that its price is still under 1 cent, giving it the potential to continue rising strongly.

This article collects such tokens into a list of the 10 best cryptos under 1 cent. It includes a discussion of the features and tokenomics of each cryptocurrency, as well as a discussion of any risks, so that investors can make more informed decisions before buying into anything.

Best Cryptos Under 1 Cent

5thScape (5SCAPE)

• Listing price: $0.01
• Market cap upon listing: $52.11 Million

Currently holding its presale, 5thScape is an Ethereum-based project that is developing an online platform for virtual reality games. It has raised over $6 million in its sale, with this figure providing a clear sign that it has the potential to attract investors and adopters. It will list in the third quarter of the year, beginning with decentralized exchanges such as Uniswap before moving to centralized trading platforms.

Why Should You Invest in 5thScape?

5thScape is an interesting project because it’s aiming to be one of the first platforms in crypto to tap into the growing virtual reality sector. It will serve as a decentralized hub for virtual reality developers, who will launch their own VR games and experiences on its platform.  Native token 5SCAPE will serve as the means of payment for such games, giving the token plenty of demand.

It will launch its first games in the fourth quarter of the year, with its earliest titles including cricket game Epic Arena and fighter Cage Conquest. The early promise of such games has helped 5thScape not only attract investors to its presale, but also grow its community. Its X account currently has 24,900 followers, while its Telegram has more than 17,000 subscribers, an encouraging sign of its potential future growth.

5SCAPE has a max supply of 5.211 billion tokens, with the presale receiving 80% of its supply. This will make the token relatively decentralized, protecting it from sudden price dumps in the event of a big holder selling.

Risks and Considerations

The main risk with 5thScape is that it hasn’t launched its coin or platform yet, so it’s too early to gauge just how successful or not it may be. Still, its raise figure is an encouraging sign of the belief investors have in it.

DarkLume (DLUME)

• Listing price: $0.0015
• Market cap upon listing: $53 Million

Also going through its presale, DarkLume is a BNB Chain-based project that’s building an exciting metaverse ecosystem. It plans to launch its platform in the third quarter of the year, once its presale has closed and it has listed its native DLUME token. It will have a listing price of $0.0015, with the sale currently in the first stage, out of ten in total.

Why Should You Invest in DarkLume?

DarkLume is building a metaverse platform focused on social interaction and mini-games, where users can build online communities and even acquire virtual citizenship. Within this metaverse, users can earn rewards in DLUME for participating in social activities and helping others. Interestingly, the game also pays a universal basic income in DLUME that can be spent only on tipping others.

DarkLume’s virtual world will feature numerous countries, in which players can gain citizenship. Activities available to users include games and other leisure activities, as well as more socially oriented pursuits such as dating. This gives the platform a very strong social element that will incentivize long-term engagement from users, helping to boost demand for DLUME.

DLUME will have a max supply of 35.95 Billion tokens, with its protocol allocating 65% of this supply to its presale. Holders will also be able to stake the token, earning themselves regular rewards.

Risks and Considerations

Potential buyers of DLUME should be aware that it’s competing in an increasingly crowded market, with many other projects and companies offering metaverse- and VR-related products. DarkLume will have to work hard to gain real traction and generate demand for DLUME.

Shiba Inu (SHIB)

• Current price: $0.00001793
• Market cap: $10.58 billion
• All-time high: $0.00008616 (Oct 28, 2021)
• Max supply: 999.9 trillion SHIB

The second-biggest meme token in the market after Dogecoin (DOGE), SHIB is currently ranked 13th overall in terms of its market cap. The token launched on the Ethereum blockchain in August 2020, and traded at under $0.00000010 up until April 2021, when it began to gain traction. It reached its current all-time high of $0.00008616 on Oct 28, 2021, during the bull market of that year.

Why Should You Invest in Shiba Inu?

What sets SHIB apart from many other meme tokens is that it has strong fundamentals, with its developers and teams regularly taking steps to expand its ecosystem and utility. This is apparent in the launch of its own layer-two network Shibariun, which since opening in August 2023 has processed over 400 million transactions. It’s also evident in ShibaSwap, which became Shiba Inu’s very own decentralized exchange when it went live in July 2021.

And Shiba Inu is still pushing forwards with updates, with its team raising $12 million in venture capital funding this year for the development of its own privacy-focused layer-three network. As such, there remains a very good chance that Shiba Inu will continue growing for a long time to come, making one of the best cryptos under 1 cent.

Risk and Considerations

There are really two risks with SHIB. The first is that, as a meme token, it can show more volatility than a more established cryptocurrency such as Bitcoin or Ethereum, given that whales often try to pump it. The second is that its planned ecosystem may not gain as much traction as desired, depriving the coin of a source of demand and adoption.

Pepe (PEPE)

• Current price: $0.00001127
• Market cap: $4,738,622,867
• All-time high: $0.00001717 (May 27, 2024)
• Max supply: 420.69 trillion PEPE

Launched in April 2023 and running on Ethereum, Pepe has quickly become one of the biggest cryptos under 1 cent in the market. It’s based on the long-running Pepe the Frog meme, which has been a fixture of internet culture since the mid-2000s, and which has seemingly helped propel PEPE to new heights this year.

Why Should You Invest in Pepe?

While PEPE doesn’t have any real fundamentals, it has done a very good job of building and maintaining an online community of supporters. Its official X account currently reaches around 674,000 followers, while it regularly attracts buys and accumulation from whales, as shown by transfer data. It continues to generate plenty of demand from traders, with the coin reaching its all-time high as recently as May 27, which is more recent than with most other top-100 coins.

Unlike with many other cryptos under 1 cent, PEPE is widely listed, with a presence on most major cryptocurrency exchanges. This includes Binance, OKX, Kraken, Bybit, Gate.io, Bithumb, KuCoin and Bitget, among numerous others. Such wide coverage gives it more liquidity and volume than other meme coins, making it less prone to wild price swings.

Risk and Considerations

PEPE is a ‘pure’ meme token, in that its appeal lies solely with its ability to go viral and generate hype. It has no underlying fundamentals or utility, so it’s arguable that there’s nothing supporting its price, other than the willingness of people to buy it. This puts it at risk of a big downturn in the future, if whales and other traders lose interest in it.

Bonk (BONK)

• Current price: $0.00002011
• Market cap: $1,327,166,097
• All-time high: $0.00004547 (March 4, 2024)
• Max supply: 93.53 trillion BONK

Bonk listed for the first time in December 2022 and runs on the Solana blockchain, with the meme token reaching a peak December 2023 before attaining its current all-time high in March 2024, during a bullish phase for the entire cryptocurrency market.

Why Should You Invest in Bonk?

Bonk is one of the best crypto under 1 cent because of its strong online community as a meme coin. Its has over 320,000 followers on X, while there are more than 13,000 members of its Telegram channel and 22,000 members of its Discord. Such a following gives it a good social base, helping it to attract new investors and holders, while also spearheading pumps and rallies.

Bonk has also proven attractive for whales, with data aggregators such as Lookonchain showing that large investors often accumulate the token. This is important because the support and interest of whales can often cause rallies and help a coin’s price to grow over the longer term.

Also positive for Bonk is the fact that, as a Solana-based token, it benefits from faster and cheaper transactions than many Ethereum-based coins (such as Shiba Inu and Pepe). 

Risks and Considerations

Bonk carries the same risks as any other meme token without underlying fundamentals or use cases, which is that traders are the only thing supporting its price. It can therefore experience considerable volatility, having already fallen by 55% relative to the all-time high it set in March.

eCash (XEC)

• Current price: $0.00003057
• Market cap: $599.7 million
• All-time high: $0.00038 (September 4, 2021)
• Max supply: 21 trillion XEC

A fork of Bitcoin (BTC), eCash (XEC) rebranded from Bitcoin Cash ABC (BCHA) in July 2021, as part of efforts to make itself even more useful as an online currency and medium of exchange. This rebranding also saw it redenominate itself at a ratio of one-to-one million, with the coin reaching an all-time high of $0.00038 in September 2021.

Why Should You Invest in eCash?

XEC is a Bitcoin fork with a difference, with the coin integrating a proof-of-stake consensus layer that makes it faster and more scalable than the original Bitcoin, which is still a proof-of-work cryptocurrency. As a proof-of-stake coin, holders can stake the token to earn rewards, with the official eCash website reporting that it currently offers 7.09% APY.

XEC’s utility as a medium of exchange gives it long-term potential as an investment, with the possibility of wider adoption likely to push up its price over time. Yet it also carries one of the benefits of the original Bitcoin, which is that it has a capped supply, in this case of 21 trillion XEC. This may be one million times higher than Bitcoin’s, but it may nonetheless help to squeeze XEC’s price upwards over time.

What’s also special about eCash is that its blockchain enables developers to build subnets linked to other networks, such as Ethereum. This will help broaden eCash’s ecosystem over time, thereby boosting demand for XEC.

Risks and Considerations

The only risk attaching to eCash is that it has lost ground not only to Bitcoin, but also to other forks such as Litecoin and Bitcoin SV. It’s currently the 119th-biggest crypto in the market, which is arguably too low if it wants to gain serious traction as a means of payment. It’s also concerning that it has lost 91% since its all-time high, suggesting that it has been struggling to regain some momentum following its rebranding.

CorgiAI (CORGIAI)

• Current price: $0.001161
• Market cap: $398.8 million
• All-time high: $0.00423 (March 2, 2024)
• Max supply: 500 billion CORGIAI

Launched barely a year ago, CorgiAI is one of several new tokens looking to capitalize on the growing mania for artificial intelligence-related products and coins. It runs on the Cronos blockchain and is aiming to build a decentralized social club centered around AI, NFTs and memes. 

Why Should You Invest in CorgiAI?

Updating Bored Ape Yacht Club and other similar NFT-related projects for the artificial intelligence age, CorgiAI is arguably one of the most exciting new cryptos under 1 cent in the market. It benefited from support from Cronos Labs’ $100 million accelerator program in May 2023, and has grown quickly since then, reaching its all-time high in March 2024.

It describes itself as a social club and decentralized marketplace for generative AI-related content and apps, with the project also planning to launch its own NFT platform and gallery in the coming months. CorgiAI has begun launching and selling its own NFT collections, with most of these selling out very quickly, an indication of its current and future popularity.

CorgiAI has already garnered quite a following online, with over 68,000 followers on X and 21,000 members on Discord. As a token, it has a max supply of 500 billion CORGIAI, with its protocol conducting burns when the project reaches certain milestones. It has burned around 1.12 billion CORGI to date, limiting its supply and helping to support its price.

Risks and Considerations

CorgiAI is a new project and therefore still unproven. There can be no guarantee that it will attract significant adoption, while many of its main products, such as its AI marketplace, haven’t yet launched.

Turbo (TURBO)

• Current price: $0.005763
• Market cap: $400.6 million
• All-time high: $0.009744 (May 28, 2024)
• Max supply: 69 billion TURBO

Another AI-focused meme token, TURBO is an Ethereum-based cryptocurrency that was conceived using input from ChatGPT. This creation has given it a unique appeal within the cryptocurrency market, emphasizing its decentralized nature and helping it to attract community members. It listed for the first time in May 2023 and reached its current all-time high of $0.009744 on May 28, 2024.

Why Should You Invest in TURBO?

What’s most exciting about TURBO is that ChatGPT-4 created the concept and design behind it, outlining everything from its meme and name to its tokenomics and contract. By making its creation transparent and public in this way, Turbo was quickly able to establish trust with investors and its growing community.

And what’s also good about this is that ChatGPT-4 provided a very strong blueprint. For instance, its protocol has a renounced contract, meaning that its team cannot change the token’s rules and distribution once it has launched. It also features no taxes and an anti-whale mechanism, which limits how much traders can transfer at any one time, something which reduces the risk of manipulation.

Such tokenomics have attracted strong support from the wider cryptocurrency community, making Turbo much more decentralized than many of its peers and rivals. Its X account has 67,000 followers, while its Telegram and Discord channels have 11,900 and 11,000 members.

Risks and Considerations

As a crypto under 1 cent with smaller trading volumes, Turbo can still face considerable volatility. And despite its growing popularity, it still faces stiff competition from other meme tokens, both new and old.

SATS (Ordinals)

• Current price: $0.0000001669
• Market cap: $349.76 million
• All-time high: $0.000000923 (December 15, 2023)
• Max supply: 2.1 quadrillion SATS

SATS (Ordinals) is a BRC-20 cryptocurrency that launched in June 2023 and runs on the Bitcoin network. Its launch stemmed from the growth in popularity of Ordinals, which are NFTs based on Bitcoin. It’s a separate cryptocurrency from Bitcoin (BTC) itself, but by being based on the original cryptocurrency’s blockchain, it benefits from the same security and stability.

Why Should You Invest in SATS (Ordinals)?

SATS is currently up by 2,600% in the past year, underlying its strong growth since launching around a year ago. And the reason for this growth is that it’s one of the first cryptocurrencies to launch using the Bitcoin blockchain, which found additional usage as a platform with the launch of the Ordinals protocol in early 2023.

This protocol allowed for the issuing and trading of NFTs on the Bitcoin blockchain, with its growth inviting predictions that Bitcoin would soon witness its own DeFi and Web3 ecosystem. SATS (Ordinals) emerged in order to capitalize on this possibility, with the new cryptocurrency designed as a medium of exchange for any NFT- and Web3-based economy that evolves out of Ordinals.

The coin has a fixed supply of 2.1 trillion SATS. This corresponds to the fact that, when talking about Bitcoin (BTC) itself, one sat equals one hundred millionth of a bitcoin. Because it has utility within the growing Ordinals ecosystem, it’s likely to see long-term and sustained price growth.

Risks and Considerations

As a new and somewhat experimental usage of the Bitcoin blockchain, SATS (Ordinals) may come with some technical risks. This could include security issues, although it’s worth remembering that the Bitcoin blockchain itself is famously secure, having only ever experienced two brief periods of downtime, once in 2010 and twice in 2013.

Mog Coin (MOG)

• Current price: $0.0000014
• Market cap: $504.2 million
• All-time high: $0.00000791 (May 29, 2024)
• Max supply: 420.69 trillion MOG

Running on Ethereum and launching in July 2023, Mog Coin is a community-led meme token that reached its all-time high in May of this year. This means it still retains plenty of momentum, with the coin only 21% down from its ATH. By contrast, many other tokens are much further away from their own respective records, a sign of MOG’s increasing appeal.

Why Should You Invest in Mog Coins?

Mog Coin describes itself as “the internet’s first culture coin,” a reference to the memes it and its community have been producing online since it launched last year. It has been able to build up a good following on the Web, with 60,000 followers on Twitter and 11,900 subscribers on Telegram.

Because of its popularity, MOG has been able to secure listings on a variety of major trading platforms. These include dYdX, Bybit, Gate.io, Bitget and BitMart, with the coin also on Kraken’s listing roadmap. It’s likely that the size of its community will help it secure listings elsewhere in the coming months, pushing its price up over time.

The token comes with a max supply of 420.69 trillion MOG. Holders are able to stake the coin to earn a passive income, with some staking protocols offering yields as high as 20%.

Risks and Considerations

Mog Coin is another crypto under 1 cent that doesn’t have any real fundamentals or utility, so its price may be subject to greater volatility. Also, its team is anonymous, something which can be a red flag for longer term investors.

Things to Consider When Investing in Crypto Under 1 Cent

As with any kind of investment or trade, investors should really do their own research before buying any particular crypto under 1 cent. This includes looking at the following:

• Fundamentals and utility: does the cryptocurrency offer genuine utility? Does it have a clear use case that will drive demand for the token in the long-term?
• Team: has the crypto’s team identified itself and do its members have a strong reputation? Teams with known track records are, all other things being equal, generally more likely to produce a successful token than others.
• Technology: is the crypto using advanced or proven technology? On which blockchain is it based, and will it offer scalability and security?
• Community and following: does the cryptocurrency have a strong organic community? Tokens that have popular social media channels are more likely to survive and thrive beyond the initial launch.

Why Should You Invest in Crypto Under 1 Cent

The main reason to invest in cryptos under 1 cent is that such tokens often make the biggest gains. Because they start from such a low base, they can grow much faster and more exponentially than more established cryptocurrencies, such as Bitcoin and Ethereum.

Traders can therefore afford to buy large quantities of cheaper tokens, before they rally strongly and become more expensive. Of course, not every crypto under 1 cent will go on to achieve market-beating returns. But by following the points in the section above, traders can increase their chances of securing a good profit.