What are the best cryptocurrencies under $5 dollars to buy right now? Our best cheap altcoins recommendations are Cardano (ADA), Tezos, Curve, Enjin, and Polygon. You can start investing in these cheap coins today on Coinbase.
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1. Cardano (ADA)
Cardano is my top crypto coin under $5 to buy because ADA solves a huge problem in the smart contract ecosystem: high gas fees and energy usage. ADA is still trading under $2 but I don't think that will last for long due to its huge long term potential.
Africa is also embracing Cardano for its ability to help billions of people maintain a digital identify and Ethereum co-founder Charles Hockinson is pushing ADA forward as a better proof of stake alternative to Ether's traditional proof of work model.
2. Tezos (XTZ)
Tezos is another popular proof of stake crypto coin that rewards users for staking XTZ on platforms like Coinbase. XTZ launched in 2018 and reached an all-time hihg of $7 in early 2021 before crashing all the way down to its current price.
It's not the most popular altcoin in the cryptoverse but I do think XTZ could attract more stakeholders chasing reliable yields in the future.