Most people agree that Bitcoin is heading to hundreds of thousands of dollars.
If not soon, then some point over the next few years.
This is fantastic if you either got into Bitcoin very early,
or you have a lot of money already to invest,
but most people don't fit into either of those categories.
This is why altcoins are so powerful.
They give people a second chance to get in early enough to make a killing.
New investors are always drawn to coins that are as cheaply priced as possible.
So, today, we are going to be looking at the very best coins you can buy
that are under a penny each.
Oh, and I'm going to be giving away $100 in any of the coins you choose from the list
to one lucky winner.
Let's get it!
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Alright, guys, I'm back.
If you didn't know, I lost my ability to upload for a few days based on some YouTube stuff,
and I talked about it on my livestream last night, but the point is, it was out of my control.
But I'm back now.
Make sure you are signed up for my email list at bitboycrypto.com
so you can stay up-to-date if anything like this ever happens again.
But, today, we are going to be taking a look at my top 7 coins valued under one penny each.
These are coins that could make you an ungodly amount of money.
To give you a jumpstart,
I'm going to give away $100 in the coin of your choice from the list today.
You get to pick any of the seven.
All you have to do is go join my Telegram group and join the BOSAGORA Telegram group.
If you do those two things, all you have to do is drop your Telegram handle in the comments below,
and I'll pick a winner next week, and, yes, I'll confirm you joined both groups.
BOSAGORA is a project I have been working with that's been pumping, and I'm very bullish on it.
So make sure to do that.
And I will be giving an update on why BOSAGORA has been pumping in my next video.
But you do have to understand one thing before we get started,
which is the relationship between the circulating coins and the price.
Bitcoin has 18.25 million circulating coins.
This is one of the lowest amounts in crypto.
Ethereum, for instance, has a supply of 110 billion coins.
You see, supply and demand dictates that the less of something there is,
the more valuable each individual part is.
You will find that all of the coins we are covering today have large supplies,
so if you think a project priced at half a penny with 50 billion coins in its supply is going to hit 1$,
that means its market cap would have to 200X.
So when you're factoring in how many gains you can get,
you have to look at the market cap and figure out what is reasonable.
If a project is at $40 million in market cap,
then it would have to reach almost $1 trillion to see those gains.
Projects with large supplies diminish the values of each coin individually,
which is why their price is so low.
The price is not nearly as important as the amount of coins and the market cap.
For each of these coins, I'm also going to be telling you
how much the market cap would need to be for these coins to reach $1.
Hopefully, to put it into perspective for you.
It won't be exact because projects release new circulating coins over time,
but it'll be close enough. You guys will get the point.
I know you guys love sub-penny coins, so let's count them down.
Kicking off the list, I have Pundi X.
It's coming in at a shade over one-100th of a penny.
This is a project based out of Indonesia,
whose goal is to bring mass adoption to retailers through their point of sale devices.
I do believe that this project has potential.
In my review of it, it was one of the first videos I made on this channel that actually did well.
The one thing I do worry about in regards to this project
is whether or not they have enough first mover advantage
to block companies like Square or Visa from crushing them
if retail crypto payments becomes popular.
But I've been encouraged because I've seen a lot of people in my community
asking me about this project.
And that has made me get a little more bullish on it
because there's something going on that's making people excited.
For Pundi X to reach $1 per NPX token--
NPXS token,
the market cap would have to be $234 billion.
At 6, we have Holochain.
The price is coming in right now at about one-fifth of one-tenth of a penny.
These numbers are so small. It's really hard to even comprehend the prices.
Holochain technically doesn't even use blockchain.
It hopes to be the next generation of technology that can actually be more decentralized
and more secure than blockchain itself.
Holochain has a strong community and many people who like what they are trying to do.
At its heart, Holochain is a community project
since Holochain apps can only be ran by the people who use them without the need for servers.
Holochain is only 7 Satoshis compared to the Bitcoin price.
The token for Holochain is the HOT token.
For this project to reach $1,
the market cap would have to be $163 billion.
Next, DxChain.
The price of its token DX is currently coming in at about 15% of one penny.
This is an up-and-coming data blockchain
that is looking to solve three real big problems in the world,
which are computational power, storage and privacy.
This is something that's going to become a bigger and bigger problem in the world.
No question about it.
And honestly,
I've not been super impressed with other projects in this niche, like Storj or Siacoin.
While crypto may not see adoption anytime soon,
in terms of retail,
I do believe these larger issues with privacy and data storage are going to need to be addressed
sooner rather than later.
For DX to reach $1 per DX token,
the market cap of this project will need to reach a shade under $50 billion.
At No. 4, let's take a look at the classic Dogecoin, which is coming in at a fifth of a penny.
Now, Dogecoin is one of the oldest cryptos and is one of the highest ranked projects under a penny.
DOGE doesn't really do anything.
It is known as simply a meme coin that's based off of a famous internet meme involving a Shiba dog.
There is not a lot of promise
for this project to become some type of adopted cryptocurrency in the future
for anyone outside of its own community.
So you're probably wondering why it's on this list.
Well, the reason is actually very simple.
DOGE has been known to preclude big price pumps in the market.
If you check it out its order books on major exchanges,
you will find much more volume on DOGE than other projects.
The reason is because since its Satoshi value is low,
a movement of one Satoshi up or down can be the difference in a lot of money.
This provides a lot of liquidity on exchanges for people to jump in and out of Bitcoin,
which provides a lot of value for the space.
And when the market goes up, we're going to need that.
For DOGE to reach $1, the market cap would have to go to $123 billion.
Third, my favorite project, IOST.
The price of IOST is the largest we've seen yet on this list.
And it's coming in at a little over half a penny.
So many people have a lot of hope that this project is going to be able to rebound
as it's now dropped to No. 80 on CoinMarketCap.
But the quality and decentralization of this project has been on full display
when compared to the TRON Network's recent hostile takeover of Steemit.
Plus when you add in the 15% annual staking returns you can get
if you buy this coin and vote for my node on the network,
it could be a good deal.
If you're interested in learning about staking coins,
then please make sure to check out my top staking coins video above.
IOST has reached heights of 13¢ in the past.
So for IOST to reach $1,
it doesn't seem that out of the question.
The market cap would have to reach a total of $12 billion.
Second, I have DigiByte.
Coming in at about three-fifths of a penny.
Like IOST, DGB has seen some pretty big drops across CoinMarketCap,
as it is a former top 30 project,
now down in the 70s.
Recently, I haven't seen anyone bullish on this project outside of its community,
as it has been dropping and no one is really talking about it.
And that actually makes me think
when there's blood on the streets, what are you supposed to do?
Buy!
Usually, coins do the exact opposite of what people are expecting them to do.
And DigiByte has a strong community and it is a super fast cryptocurrency
that has great apps already built for it.
The one thing that this project is missing is a major exchange listing.
If it can ever manage to secure a top 3 exchange listing,
I think it can make a big comeback.
It reminds me of what VeChain went through last year
when the sentiment just suddenly changed on it.
It went from completely negative to positive seemingly overnight.
And it's come rushing back.
I could see the same future for DigiByte.
For DGB to be worth $1 per coin,
the market cap would have to be $13 billion.
Speaking of VeChain, I have it taking the top spot.
As I mentioned, this was a project that I believe has really turned things around over the last year.
The price of one VET is coming in at about the same price as DGB
at three-fifths of a penny per coin.
VeChain is sitting right now in the No. 30 spot on CoinMarketCap,
but I believe it has strong momentum.
I can definitely see this project returning to the top 20,
so I'm eyeing several projects in front of it
that I think it has more momentum then.
We've talked pretty extensively about VeChain on this channel.
It has big partnerships and is making big moves in the development and supply chain tracking world.
For VET to reach $1 per coin,
the market cap would need to be $55 billion.
I believe that there is a path for some of these coins to get to at least $1.
But for others like Pundi X,
it would take aliens dropping us more money out of the sky
because there's probably not enough money in the world to justify that.
But just make sure to study the way
that circulating supply, market cap and price all work together.
A coin with a trillion coins in its supply would never reach a number like $1.
It just doesn't make economic sense.
But many of these projects do have huge potential.
And also don't forget to enter my contest
by joining my Telegram group and BOSAGORA's Telegram group.
Those links will be down below in the video description
and probably in the comments as well.
But now it's your turn.
What are your top altcoin picks that are less than a penny?
Drop your favorite ones down below in the comment section.
I hope you enjoyed this video.
If you did, don't forget to smash the like button
and join the fastest growing community in crypto,
the BitSquad,
by hitting the Subscribe button.
Thank you so much for watching.
I'm glad to be back.
Have a blessed day.
BitBoy out.