Cheap tokens are appealing because they feel accessible. A few rupees can buy thousands of units, and it’s easy to imagine a token going from fractions of a cent to a dollar. But price per token doesn’t reflect value; market capitalization does.
A token can be “cheap” simply because it has a huge circulating supply, not because it’s undervalued. Here’s a look at ten of the cheapest cryptos to buy in October 2026, what’s actually behind each price tag, and where the real opportunity and risk sit.
| Token | Core Theme | Why It’s on the List |
|---|---|---|
| Nillion (NIL) | Privacy / secure computation | ~$0.11 token tied to Nillion’s privacy-focused “Blind Computer” infrastructure |
| Allora (ALLO) | Decentralized AI | ~$0.27 token powering a network that combines competing AI models into collective intelligence |
| Tria (TRIA) | Chain abstraction / crypto neobank | ~$0.004 token with a consumer wallet and payments layer spanning multiple chains |
| cat in a dogs world (MEW) | Solana memecoin | ~$0.00054 token with its entire ~89B supply already circulating |
| Huma Finance (HUMA) | PayFi / RWA | ~$0.036 token backed by a payment-financing network processing real-world transaction volume |
| Delysium (AGI) | AI agents | ~$0.0067 token supporting Delysium’s decentralized AI-agent ecosystem |
| Velo (VELO) | Payments / digital credit | ~$0.0056 token focused on cross-border payments and blockchain-based financial infrastructure |
| Sign (SIGN) | Credentials / attestations | ~$0.012 token powering Sign’s blockchain-based attestation and identity infrastructure |
| Epic Chain (EPIC) | Crypto travel / RWA | ~$0.52 token with a relatively small ~$17M market cap and essentially fully circulating supply |
| Re (RE) | RWA / reinsurance | ~$0.54 token connecting on-chain stablecoin capital with real-world reinsurance markets |
Nillion is a privacy-focused computation network designed to let applications store and process sensitive information without exposing the underlying data. Its broader infrastructure, described as the Blind Computer, combines technologies including secure multiparty computation, secret sharing, homomorphic encryption and trusted execution environments for private data and AI workloads.
Price: ~$0.11 | Circulating supply: ~508M | Total supply: ~1.01B | Market cap: ~$54M
NIL’s roughly $0.11 unit price partly reflects its large token supply rather than an unusually small network valuation. Approximately half of the current total supply is circulating, putting its market cap around $54 million while its valuation on a fully issued basis is roughly twice that level.
The token is nevertheless trading substantially below its historical peak of approximately $0.90. It has also been highly volatile recently, moving from roughly $0.04 in mid-September to above $0.12 before settling around the $0.10 area entering October.
The bigger consideration is supply. CoinGecko currently lists NIL’s maximum supply as uncapped, so investors should evaluate its emission model rather than treating today’s circulating supply as the final token count.
Allora is a decentralized AI network where machine-learning models compete, evaluate one another and combine their outputs to produce stronger collective predictions. ALLO is used for activities including paying for inferences, creating topics, staking and rewarding model contributors.
Price: ~$0.27 | Circulating supply: ~250M of 1B max supply | Market cap: ~$68M
ALLO’s sub-$0.30 unit price reflects a 1 billion-token maximum supply, of which only around one-quarter is currently circulating. At present prices, the circulating market cap is roughly $68 million, while the fully diluted valuation is considerably higher.
The token also remains significantly below its historical high. CoinGecko currently puts ALLO roughly 83% below its ATH, giving it a much lower sticker price than during the initial period following the network’s mainnet launch.
The main caveat is dilution. A low token price does not necessarily make ALLO cheap on a valuation basis when approximately 75% of the maximum supply is still outside circulation.
Tria is a chain-abstraction platform built to let users interact with assets across different blockchain environments without manually dealing with bridges, gas tokens or fragmented liquidity.
Its consumer product combines a crypto wallet, trading interface and neobank-style payments experience, while its underlying infrastructure is designed to work across EVM chains, Solana, Bitcoin, Move-based networks and other ecosystems.
Price: ~$0.0041 | Circulating supply: ~2.2B of 10B max supply | Market cap: ~$9M
TRIA is one of the lowest-priced tokens on this list at less than half a cent. But that price needs to be read alongside its 10 billion-token maximum supply.
Only around 2.2 billion TRIA is currently circulating, giving the token a market cap of roughly $9 million but a fully diluted valuation above $40 million at today’s price.
TRIA is also approximately 92% below its $0.05 all-time high. That makes it inexpensive compared with its own historical price, but future emissions remain an important consideration because less than a quarter of maximum supply is currently circulating.
cat in a dogs world, or MEW, is a Solana memecoin built around a simple counter-narrative to the dog-themed tokens that historically dominated the memecoin market.
Unlike infrastructure or DeFi projects, MEW’s value is primarily driven by community, exchange liquidity, branding and speculative demand.
Price: ~$0.00054 | Circulating supply: ~88.9B of ~88.9B total supply | Market cap: ~$48M
MEW has the lowest nominal unit price among the ten tokens here, but that is largely a consequence of its enormous supply. Nearly 89 billion MEW exist, so a price of only $0.00054 still translates into a market capitalization of roughly $48 million.
The important difference from many newer low-priced cryptocurrencies is that essentially the entire supply is already circulating. That means MEW has substantially less token-unlock dilution risk than projects where only 20–30% of supply has entered the market.
MEW is nevertheless around 96% below its $0.01288 all-time high, illustrating both its potential volatility and how little nominal token price alone says about investment value.
Huma Finance is a PayFi network focused on financing real-world payment flows such as cross-border payments, card settlement and trade transactions.
Its model connects stablecoin liquidity with businesses that need short-duration payment financing, placing Huma at the intersection of stablecoins, RWAs and global payments.
Price: ~$0.036 | Circulating supply: ~1.7B of 10B max supply | Market cap: ~$62M
HUMA’s token trades for only a few cents, but its 10 billion-token maximum supply is the main reason the unit price remains low.
Only around 1.7 billion tokens are circulating today. At approximately $0.036, that produces a market cap around $62 million but a fully diluted valuation of roughly $355 million.
HUMA is also around 69% below its $0.116 historical high. The low unit price therefore gives investors relatively inexpensive token denominations, while its PayFi activity gives the project a more fundamental operating thesis than many similarly priced tokens.
The dilution gap is the key risk: roughly 83% of maximum supply has yet to circulate.
Delysium is an AI-focused crypto ecosystem built around autonomous AI agents and decentralized infrastructure. AGI serves as the ecosystem token supporting interactions and economic activity across its AI-agent network.
Price: ~$0.0067 | Circulating supply: ~2.61B of 3B max supply | Market cap: ~$17.5M
AGI trades below one cent primarily because its supply runs into the billions. Around 2.61 billion of a maximum 3 billion AGI is already circulating, producing a market capitalization of roughly $17.5 million.
That supply structure is worth noting because AGI has substantially less remaining dilution than HUMA, TRIA or SIGN. Roughly 87% of maximum supply is already circulating, and its fully diluted valuation is only around $20 million at present prices.
Its low sticker price therefore comes with a relatively small overall valuation, although the investment thesis remains dependent on Delysium converting broader interest in AI agents into meaningful network activity.
Velo is a blockchain financial protocol focused on digital credit, payments and cross-border value transfer.
The project’s broader ecosystem has increasingly expanded toward payment and settlement infrastructure, including products intended to connect blockchain assets with everyday financial services.
Price: ~$0.0056 | Circulating supply: ~17.6B of 24B total supply | Market cap: ~$98M
VELO’s sub-one-cent price is largely explained by its enormous supply. More than 17.5 billion VELO are already circulating, with a total supply of approximately 24 billion.
That means a $0.0056 token price still corresponds to a market capitalization close to $100 million and a fully diluted valuation around $134 million.
The positive side of the token structure is that roughly 73% of total supply is already circulating, meaning the dilution gap is smaller than for several other cheap tokens on this list.
Sign is the native token of the Sign ecosystem, which provides blockchain-based attestation, credential and identity infrastructure.
The broader project aims to make digitally verifiable claims—from credentials and ownership to token-distribution records—usable across blockchain applications. SIGN acts as the ecosystem’s utility token and is used across Sign’s protocols.
Price: ~$0.012 | Circulating supply: ~2.84B of 10B max supply | Market cap: ~$33–36M
SIGN’s one-cent price needs to be viewed in the context of its 10 billion-token maximum supply. Only about 2.84 billion, or 28%, is currently circulating.
The result is a circulating valuation in the mid-$30 million range but a fully diluted valuation above $100 million. SIGN is also roughly 90% below its $0.131 all-time high at current prices.
For investors looking at SIGN because of its low unit price, future token releases are therefore one of the most important metrics to track.
Epic Chain is building a crypto-powered travel ecosystem where users can book hotels and other travel products with digital assets.
The platform provides access to a large global hotel inventory and uses EPIC within its broader travel and rewards ecosystem.
Price: ~$0.52 | Circulating supply: ~34M of ~34M total supply | Market cap: ~$17.5M
EPIC is relatively expensive on a per-token basis compared with most tokens in this article, but its overall valuation is actually one of the smallest.
At roughly $0.52 per token and only around 34 million EPIC in existence, the market cap is approximately $17 million. CoinGecko currently shows the circulating valuation and fully diluted valuation as essentially identical, meaning supply dilution is far less important here than for ALLO, HUMA or TRIA.
EPIC also remains roughly 84% below its $3.20 all-time high.
This is a useful example of why “cheap” can be misleading: EPIC costs far more per token than MEW or VELO but has a considerably smaller overall market capitalization.
Re is an RWA protocol that connects stablecoin capital with the traditional reinsurance market.
Capital supplied through the ecosystem can be allocated toward fully collateralized reinsurance contracts, while blockchain infrastructure provides visibility into collateral and reserves. RE itself serves primarily as the protocol’s governance, coordination and security token.
Price: ~$0.54 | Circulating supply: ~159.6M of 1B max supply | Market cap: ~$86M
RE trades at just over $0.50 and remains roughly 50% below its $1.08 all-time high. Its circulating market capitalization is approximately $86 million.
However, only around 16% of its 1 billion-token maximum supply is currently circulating. At today’s price, its fully diluted valuation is approximately $539 million, more than six times the circulating market cap.
That makes RE another strong example of why unit price should not be interpreted as valuation. The token may cost only around $0.54, but the eventual supply structure makes future dilution one of the central considerations for investors.
A cryptocurrency trading below $1 is not automatically undervalued. Token price is determined partly by how many units exist.
When comparing cheap cryptocurrencies, investors should therefore look beyond unit price and consider market capitalization, fully diluted valuation, circulating supply, future token unlocks and whether usage of the underlying project creates meaningful demand for the token.
Low-priced cryptocurrencies can offer exposure to emerging narratives such as AI, DePIN, interoperability, privacy, and Layer-2 infrastructure without requiring a high entry price per token. However, a cheap token price does not necessarily mean a project is undervalued. Investors should also consider market cap, circulating supply, token unlocks, adoption, and project fundamentals before investing.
For more guides on evaluating tokens by fundamentals rather than price alone, check out Mudrex Learn or watch breakdowns on the Mudrex YouTube channel.
NIL, ALLO ,TRIA, MEW, HUMA, AGI, VELO, SIGN ,EPIC and RE are some of the cheapest tokens to buy this month.
Some can be, but a low price alone tells you nothing about value. Some are backed by real revenue, verified usage, and credible investors despite trading well under $1. Others are cheap purely because of large token supply and speculative sentiment. Always evaluate market cap, circulating supply, and underlying fundamentals rather than price alone.
It’s mathematically possible but depends heavily on circulating supply.
A cheap token simply has a low price per unit, which can result from either a genuinely small market cap or a very large circulating supply. An undervalued token is one where the market cap doesn’t yet reflect the project’s real usage, revenue, or growth potential. CAP’s low price is largely a function of its 10 billion token supply, not necessarily undervaluation.
Check the circulating supply relative to total and max supply, upcoming unlock schedules, real usage or revenue if any exists, and the market cap rather than just the price. A cheap token with a large amount of locked supply still to unlock, can see selling pressure as that supply enters circulation.
