3 Cryptos Under $5 That Could Be The Next Big Thing

Last Updated August 30th 2022
5 Min Read

Investing in these cryptos now could help you double your returns over the long run. 

We have witnessed rapid infrastructure development and innovative growth over the past decade in the crypto sphere, leading to the birth of top-tier digital currencies with real-world utilities. The 2022 crypto crash has certainly affected the bull run of several cryptocurrencies. Moreover, the bear market has opened gates for investors to jump into some of the most promising projects at an affordable price range.

Given the hype and craze around cryptos and their massive potential as a lucrative investment class, investors are looking for the next big thing that can take the market by storm. Therefore we have shortlisted the list of 3 cryptos under $5 that could be the next big thing in the blockchain sphere. 

 

Polygon (MATIC)

Polygon network continues to demonstrate the best-in-class technology, making it the next big thing in the crypto sphere. 

Polygon is one of the most efficient premier Layer 2 blockchains built on top of Ethereum and enables Ethereum-supported blockchains to communicate with one another. Trading at $0.828709, MATIC is one of the best 3 cryptos under $5 that could be the next big thing, especially before Ethereum’s Merge. 

Polygon network was initially created to improve the lack of efficiency and scalability in Ethereum. But in 2021, the crypto went under a rebranding exercise and changed its mission statement for good. Therefore, since 2021 it has been the network that served as a bridge between blockchains and networks, leveraging Ethereum’s security features. 

Polygon has also launched several projects contributing to the development of Web 3.0. Moreover, a giant US-based fantasy sports betting company known as DraftKings has also announced its plans to launch an NFT marketplace on the protocol, eventually boosting MATIC’s price and demand to new highs. Additionally, the number of apps being developed on Polygon has hit over 3000 and is growing at a rapid pace. 

Coming to the NFT world, Polygon has bolstered its growth and popularity with the likes of OpenSea, and crypto and corporate partnerships. It has become one of the six projects added to Disney’s highly prestigious Accelerator program for 2022. The multinational media conglomerate is also looking for ways to integrate the protocol into its upcoming entertainment projects. With this move, MATIC has garnered the attention of hundreds of investors, and its role in the future of gaming and entertainment will push its demand and price to new all-time highs. 

buy polygon

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Tron (TRX)

Tron's algorithmic stablecoin has again pushed the price of TRX to new levels.

TRX has in no way been immune to the recent crypto market crash. As the sell-off deepened, the price of Tron plummeted to its lows. But today, trading at $0.063242, Tron has opened an ideal opportunity for investors to add it to their investment portfolio. With the launch of the USDD decentralized algorithmic stablecoin, the price of TRX spiked in May to its highest level since the end of December. In addition, users can now seamlessly earn high annual percentage yield (APY) rewards by staking USDD-TRX pairs in liquidity pools on exchanges. 

The success of Tron blockchain is partly due to its focus on technology and its strong community of content creators. The concept of building a free, global, digital content entertainment system with distributed storage technology using decentralized networks was completely new and attracted millions of investors. 

That said, Tron has placed itself as one of the 3 cryptos under $5 that could be the next big thing because of its real-world utility, especially in the entertainment, payments, and content distribution sector. However, since these use cases are in their early stages, Tron has plenty of room for growth and is a good long-term view of the market. 

Thanks to its decentralized approach, Tron not merely empowers financial transactions but also creative content. The blockchain offers video games, artists, musicians, and other creators powerful ways to share their creations, promising top-notch privacy and security to everyone using it.

buy tron

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ripple (XRP)

Ripple’s slew of partnerships with banks and financial institutions have made XRP one of the best 3 cryptos under $5 that could be the next big thing. 

Ripple is a unique payment protocol that leverages blockchain technology to facilitate international money transfers. Numerous industry experts predict that Ripple’s XRP could be the next big thing as the crypto offers faster transaction speeds and lower fees making it easier for financial systems to embrace the virtual currency.

However, the company has been caught in a legal suit with the SEC for over a year now, which has kept XRP’s prices down. But experts predict that the case will come to an end by 2023, and if it comes in favor of Ripple, then it is not merely a success for the company but for the whole cryptocurrency market. This would be marked as the first time a decentralized medium has ever won against a government wing. Ripple enthusiasts believe in the potential of XRP and say that the price is expected to reach record highs in the coming years.

Some analysts have a highly bullish prediction for Ripple and say that XRP could reach a maximum of $50 by 2025, making it a good buy now. 

buy ripple

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline 

The crypto market certainly runs on speculation, and to make profits, investors should adhere to their strategic investment plan considering their risk appetite. However, if you're looking for long-term returns, these are the 3 best cryptos under $5 that could be the next big thing in the blockchain sphere.

Read More:

How To Buy Polygon (MATIC)

How To Buy TRON (TRX)

How To Buy Ripple (XRP)

Best Cryptocurrency Under $1 To Buy

Top 10 Best Penny Cryptocurrency To Buy

Best Future Crypto Coins To Buy

Best Altcoins To Buy

Top 10 Most Undervalued Cryptos To Buy

Best Utility Tokens To Buy

Fastest Growing Cryptocurrencies

21 Great Cryptocurrencies To Buy

Top 10 Cryptocurrencies With The Most Potential