Is XRP still the best cryptocurrency you can buy for about $1?

For many crypto investors, part of the appeal of XRP is its low price. However, after analyzing dozens of cryptocurrencies priced at $1 or below, the article argues that XRP may be overvalued and points to Sky (SKY) as a potential alternative tied to the stablecoin growth narrative.

XRP performance and valuation concerns

The article says XRP is down more than 20% in 2026 and that its price has not moved higher despite actions by Ripple, the company behind the XRP token. It notes that XRP hit a multi-year high of $3.65 last summer, then entered a rapid decline. At the time of writing, XRP is described as down 60% from that high and trading for about $1.45.

How XRP compares with other low-priced tokens

The article states that XRP is still viewed as better than some former bargain-priced assets, including:

• Cardano, down 92% from its all-time high
• Dogecoin, down 88% from its all-time high

It also compares XRP with Sui, a Layer-1 blockchain that the article says ranks among the top 30 cryptocurrencies by market cap. The piece claims that if Sui were to close the gap with Ethereum, it could be worth as much as 75 times its current value. It cites Sui’s valuation at $3.5 billion and Ethereum’s at $265 billion.

Sky (SKY) as a stablecoin-focused alternative

The article’s “new favorite” cryptocurrency under $1 is Sky (SKY), which it describes as building a blockchain ecosystem for stablecoins. It says Sky is up 30% in 2026, outperforming XRP, which it characterizes as trending in the opposite direction.

What Sky is and its background

The article explains that Sky is the new name of MakerDAO, which rebranded in August 2024. It describes MakerDAO as an early major DeFi project and says it has backing associated with Rune Christensen, an early crypto pioneer who helped launch the first-ever stablecoin on the Ethereum blockchain.

Stablecoin growth outlook cited in the article

The article links Sky’s appeal to broader stablecoin adoption expectations. It cites statements attributed to:

• Billionaire hedge fund manager Stanley Druckenmiller, saying stablecoins could change global payments “forever.”
• Treasury Secretary Scott Bessent, saying stablecoins are expected to grow 10 times in size by 2030 to reach a total market cap of $3 trillion.

Price comparison and portfolio framing

The article says Sky trades for about $0.07. It argues that buying 14 Sky tokens for $1 offers a different risk-reward profile than buying a single XRP token. It also characterizes XRP as a “glorified stablecoin,” suggesting its long-run price could be headed toward $1, while positioning Sky’s stablecoin ecosystem as having greater upside potential.