Currently, investors have a large array of inexpensive cryptocurrencies to pick from. This industry has been pummeled by a number of macroeconomic and sector-specific headwinds
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that have caused the majority of risky assets to collapse this year. In contrast, 2021 was a prosperous year for cryptocurrencies. The complete crypto market reached a combined
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value of around $2 trillion as a result of the global adoption and recognition of several coins. Currently, this market is valued around $1 trillion.
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As sentiment has deteriorated, investors have sought for safer assets to invest in. Whether it's bonds, precious metals, or dividend-paying equities, there are several options
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that appear more attractive than cryptocurrency at the moment. With interest rates on the increase and uncertainty at an all-time high, this might persist for some time.
Polkadot (DOT-USD)
Despite a year-to-date decline of about 72.5%, this cryptocurrency has ample upside potential should the crypto market recover.
Cardano (ADA-USD)
Cardano has a solid track record up to this point. By the end of 2021, it has completed over 20 million transactions without interruption.
Polygon (MATIC-USD)
Polygon rounds up our list of inexpensive cryptocurrencies to purchase (MATIC-USD). This decentralized network, which is renowned as the premier Ethereum (ETH-USD) layer-2