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Cheapest Cryptocurrencies Under $1 That Could Explode in January 2026

Are you searching for the cheapest cryptocurrency that will explode? In the volatile world of crypto, finding the best cryptos under $1 can be a game-changer for investors looking for high-potential opportunities. With the market evolving rapidly, January 2026 presents exciting prospects for the next crypto to explode, especially among cheap cryptos to buy now.

Top Cheap Cryptos to Buy Right Now (January 2026)

KAS
₹4.46
▼ 6.46%24H
HBAR
₹11.29
▼ 5.59%24H
Price unavailable.
SHIB
₹0.000807
▼ 4.54%24H
VET
₹1.12
▼ 3.93%24H

Here’s a quick list of the best cryptos under $1 that could explode this month, including the best crypto to buy now under $1 and the best cheap crypto to buy now.

CoinCurrent Price (≈, in $ and ₹)Market Cap / CategoryWhy It Might Explode (1 line)Risk Level (Low/Med/High)
Kaspa (KAS)$0.0516 / ₹4.66$1.38B / Smart Contract PlatformHigh-speed Layer 1 with DAG technology for superior scalability and potential adoption surge.Medium
Pudgy Penguins (PENGU)$0.01302 / ₹1.18$819M / Meme/BrandStrong community and brand influence in NFTs and memes driving viral growth.High
Hedera (HBAR)$0.1306 / ₹11.76$5.58B / Smart Contract PlatformEnterprise-grade network with partnerships and real-world use cases in supply chain and finance.Medium
Plasma (XPL)$0.1923 / ₹17.45$398M / Smart Contract PlatformLayer 2 solution with efficient scaling and potential for 100x gains from ecosystem expansion.High
Pump.Fun (PUMP)$0.002425 / ₹0.2177$1.43B / Solana EcosystemMeme coin launchpad fueling the next wave of viral tokens on Solana.High
Shiba Inu (SHIB)$0.000009252 / ₹0.0008342$5.45B / Meme TokenOngoing token burns and ecosystem developments like Shibarium boosting utility.High
VeChain (VET)$0.01274 / ₹1.15$1.10B / Smart Contract PlatformEnterprise adoption in supply chain tracking with major partnerships.Medium

What Counts as a “Cheap Crypto Under $1”?

While cryptocurrencies under $1 may seem like a cheap crypto to buy or the cheapest cryptocurrency to buy, the unit price doesn’t always indicate true value—factors like circulating supply and market cap matter more. This guide focuses on cheap cryptos under $1 with strong fundamentals or narratives that could lead to explosive growth.

Many investors hunt for the next crypto to hit $1, but reaching that milestone depends on supply dynamics and overall market cap growth. Low-price tokens often have massive supplies, requiring significant demand to pump prices.

How We Picked the Next Cryptos That Could Explode

  • Narrative + Catalysts: We looked for projects with upcoming upgrades, listings, or tokenomics changes that could drive the next cryptocurrency to explode or the cheap cryptocurrency that will explode in 2026.
  • Liquidity, Market Cap, On-Chain Activity: Tokens with solid trading volume, reasonable market caps, and active communities to ensure viability.
  • Risk Filters: Avoided high rug-pull risks by checking liquidity pools, team transparency, and community sentiment to identify the next penny cryptocurrency to boom.

Top 7 Cheap Cryptocurrencies Under $1 That Could Explode in January 2026

1. Kaspa (KAS) – High-Speed L1 That Could Be the Next Crypto to Explode

Kaspa is a proof-of-work Layer 1 blockchain using blockDAG technology for faster transactions than traditional blockchains.

KAS could explode in January 2026 due to its scalability advantages, increasing adoption in DeFi and payments, and potential exchange listings boosting visibility as a crypto under $1 that will explode.

Key risks include market volatility and competition from other L1s like Solana.

2. Pudgy Penguins (PENGU) – Meme + Brand Play Under $1

Pudgy Penguins is a meme token tied to the popular NFT collection, leveraging community and branding in the crypto space.

PENGU could explode with viral marketing, NFT integrations, and meme coin hype cycles, positioning it as the best cheap crypto to buy now for high-risk rewards.

Key risks: High volatility from meme trends and potential hype fade.

3. Hedera (HBAR) – Enterprise “cheap crypto to buy now”

Hedera is a distributed ledger for enterprises, offering fast, low-cost transactions via hashgraph consensus.

HBAR stands out as a cheap crypto to buy now with enterprise partnerships and real-world applications in supply chains, potentially exploding from regulatory clarity and adoption.

Key risks: Competition from Ethereum and slower retail hype.

4. Plasma (XPL) – L2 penny crypto with 100x narrative

Plasma is a Layer 2 scaling solution aimed at efficient, low-cost transactions on blockchain networks.

XPL could see 100x potential from L2 boom, integrations with major chains, and DeFi growth as the next crypto to explode under $1.

Key risks: Technical hurdles and dependency on base layer success.

5. Pump.Fun (PUMP) – Meme infra token for next meme wave

Pump.Fun is a Solana-based platform for easy meme coin creation and launches.

PUMP could explode with the next meme coin supercycle, platform upgrades, and increased user activity on Solana.

Key risks: High speculation and reliance on meme trends.

6. Shiba Inu (SHIB) – Popular Meme Token with Ecosystem Growth

Shiba Inu is a meme token with an expanding ecosystem including Shibarium Layer 2.

SHIB could explode from token burns reducing supply, metaverse developments, and community-driven hype as a crypto under $1 that will explode.

Key risks: Oversaturated meme market and price manipulation.

7. VeChain (VET) – Supply Chain Blockchain

VeChain focuses on blockchain for supply chain management and enterprise solutions.

VET could boom with global supply chain digitization, partnerships, and sustainability initiatives.

Key risks: Adoption barriers in traditional industries.

New Cryptocurrencies and Penny Tokens Under $1 to Watch

“New penny crypto” refers to recently launched low-cap tokens with explosive potential but high risks.

  • Low-cap DeFi L2s: Emerging Layer 2s focusing on decentralized finance with innovative yield mechanisms—DYOR as they can be volatile.
  • New AI meme hybrids: Tokens blending AI tech with meme culture for viral appeal—watch for community growth but beware of rugs.
  • Always conduct thorough research; new cryptocurrency under $1 often lacks proven track records.

Which Cheap Crypto Is Most Likely to Explode? (Different Profiles)

  • If you want a more established cheap crypto: HBAR or KAS for enterprise and tech stability—what crypto to buy now for balanced risk.
  • If you want higher-risk meme exposure: PENGU or PUMP as the best crypto to buy right now for potential quick gains.
  • If you want early-stage L2 upside: XPL or VET—which crypto is most likely to explode in scaling narratives.

How to Spot the Next Cheap Crypto to Explode Yourself

  • Evaluate use case and narrative: Look for real problems solved or trending themes like AI/DeFi.
  • Analyze market cap, liquidity, and volume: Ensure tradable without slippage.
  • Monitor social and on-chain data: Tools like Dune Analytics for activity spikes to find trending cryptocurrencies before they go viral.
  • Avoid red flags: No liquidity, anonymous teams, or unclear token unlocks—which crypto has 1000x potential? High-reward ones, but with massive risks—invest wisely.

Why Is Crypto Down Today and Can Cheap Coins Still Explode?

Crypto markets can dip due to macro factors like interest rates, Bitcoin dominance, or negative news events pulling the entire sector down.

Even in bearish phases, cheap altcoins under $1 can pump on specific narratives like upgrades or partnerships. However, practice risk management—diversify and size positions small to weather volatility.

FAQs

1. What is the cheapest cryptocurrency that could explode in 2026?

The cheapest cryptocurrency that could explode in 2026 might be low-cap gems like PUMP or SHIB, driven by meme hype and ecosystem growth. Always assess risks. Mudrex: Is Crypto a Good Investment?

2. Which crypto under $1 is most likely to explode next?

KAS or XPL could be the next crypto to explode under $1, thanks to scalability and L2 narratives. Monitor catalysts closely.

3. Can cheap cryptocurrencies really 1000x?

Yes, some cheap cryptos have achieved 1000x gains historically, but it’s rare and high-risk—depends on adoption and market conditions.

4. Is it better to buy Bitcoin or cheap cryptos under $1?

Bitcoin offers stability, while cheap cryptos under $1 provide higher upside potential but greater volatility—diversify based on risk tolerance.

5. How much should I invest in cheap cryptocurrencies?

Only invest what you can afford to lose—start small, like 1-5% of your portfolio, and use dollar-cost averaging for cheap cryptos.

6. How do I find the next crypto to hit $1?

Research low-cap tokens with strong teams, use cases, and community buzz—tools like CoinGecko help track the next crypto to hit $1. Mudrex: Short-Term Gains

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