So in an ideal world the price of cryptocurrency shouldn’t matter at all. It is the Market Cap that matters. So thought Cardano is priced at 0.06 USD, its market cap is 1,753,490,547 as it has a huge supply of 25,927,070,538.

How many times have you heard one of the following,

Bitcoin went from 10$ to 20,000$ in X years. Do your regret missing to invest in Bitcoin? Don’t worry coin XYZ is just 10 cents now. Invest now.

This is a classic case of projects targeting people who don’t understand Market Caps and only look at prices. They have an easy trick create a coin with very high supply. Reach out to the insecurities of people with pitch like the above one. Even if the price movement is very small they get to make millions as the market cap shoots up due to huge supply.

I don’t have money to buy Bitcoin, it is very costly.

The price of Bitcoin doesn’t matter. If you think it has potential to grow you can buy Bitcoin. If you have only 100 USD it doesn’t matter. You can buy 100 USD worth of Bitcoin. There is no rule that you should buy a minimum of 1 Bitcoin. Remember that at max only 21 million people can own 1 Bitcoin as that is the maximum supply. There will be millions more who will be owning only partial Bitcoin.

Can you suggest some coins below 1 USD for me to invest in.

Again the price doesn’t matter. I can create a cryptocurrency with 2 trillion circulating supply. Even if the price of my cryptocurrency is around 1 cent it will have Market Cap of more than that of Bitcoin. So it is really foolish to look for coins below 1 USD.

But again don’t underestimate the ingenuity/stupidity of the masses.