In the midst of the current bear cycle in the cryptocurrency market, investors are often on the lookout for low-priced crypto projects that have the potential to provide high returns on investment (ROI) when the market sentiment improves.
Which ones are on the horizon? We list three below.
Bitcoin Minetrix ($BTCMTX): This one has emerged as an innovative player in the cloud mining space. Till date, it has secured $2.7 million in just over a month since its launch. The platform offers an eco-friendly and secure “Stake-to-Mine” approach to Bitcoin cloud mining, while operating on the Ethereum blockchain.
A key component of Bitcoin Minetrix’s operation is its native token, which is currently available for purchase at a tiered presale price of $0.0114.
It is also seen that out of the 4 billion total tokens, a substantial 70% allocation has been set aside for the presale, with the goal of reaching a hard cap of over $33 million.
In this case, Stake-to-Mine model enables users to stake $BTCMTX tokens and, in return, receive non-tradable mining credits. These credits can be used to access Bitcoin mining power on the platform.
Chimpzee (CHMPZ): This is a cryptocurrency project with a total supply of 200 billion tokens. Now, it is gaining recognition for its potential mainstream adoption in 2023. That’s especially within the NFT space, where global brands and celebrities have shown a keen interest.
It was seen that during the presale phase, 40 billion tokens are available for purchase. Furthermore, CHMPZ operates on the Ethereum network as an ERC-20 token, and you can acquire it using Ethereum (ETH), USDT (Tether), or even a credit card.
Chimpzee’s new mission to drive climate action is already attracting approximately $1.3 million in investments during its presale phase.
Cronos (CRO): This is an enticing option for people looking for the best affordable cryptocurrencies to invest in for the month of November. Cronos is set apart because it is closely associated with the Crypto.com ecosystem, a hub for a diverse range of products and services.
Investors can enhance the Annual Percentage Yield (APY) they receive by staking Cronos tokens.
Cronos could experience continued growth in market value. As of now, Cronos it is trading at a significant discount compared to its 52-week high of $0.96.