Choosing a cryptocurrency that can reach $1 depends on many factors: current price, total supply, market capitalization, tokenomics, utility, demand, and project potential. The key point: it is easier to reach $1 if the token initially costs pennies and has a reasonable (not astronomical) supply.

Here is an analysis of potential candidates, grouped by realism:

Category 1: Most Realistic Candidates (Already close to $1 or have strong fundamental reasons)

1. Ripple (XRP):

*Current price:** ~$2.27- $2.28 (as of June 2025).

*Supply:** ~55 billion XRP (out of max. 100 billion, part escrowed).

*Market capitalization:** ~$27-30 billion.

*Chances of reaching $1:** High and quite realistic in the medium/long term. This requires a price increase of about 2 times. This would require a market capitalization of ~$55 billion, comparable to its previous peaks. Successful resolution of the lawsuit with the SEC and mass adoption of RippleNet by banks and payment systems are key drivers.

2. Cardano (ADA):

*Current price:** ~$0.65 - $0.69.

*Supply:** ~35.5 billion ADA (out of max. 45 billion).

*Market capitalization:** ~$14-16 billion.

*Chances of reaching $1:** Very realistic. Requires growth of about 2.2-2.5 times. The market capitalization at $1 would be ~$35.5 billion, which is achievable with further ecosystem development (DeFi, dApps, smart contracts), growth in TVL, and an overall bull market. Historically, ADA has traded above $3.

3. Dogecoin (DOGE):

*Current price:** ~$0.18- $0.19

*Supply:** ~144 billion DOGE (inflationary, but with a fixed issuance of ~5 billion per year).

*Market capitalization:** ~$17-20 billion.

*Chances of reaching $1:** Difficult, but theoretically possible under extreme hype conditions. This requires growth of ~7-8 times. The market capitalization at $1 would be a colossal $144 billion (higher than the current capitalization of Ethereum!). This would require either a huge influx of capital or massive coin burning (which is unlikely). However, DOGE has already reached $0.73 in 2021, and support from Elon Musk/integration with X (Twitter) could provide a powerful boost.

Category 2: Potential Candidates (Require significant growth and project success)

4. Algorand (ALGO):

*Current price:** ~$0.18- $0.19

*Supply:** ~8.1 billion ALGO (out of max. ~10 billion).

*Market capitalization:** ~$1.2-1.5 billion.

*Chances of reaching $1:** Possible, but require serious project growth. A growth of ~5.5-6.6 times is needed. The market capitalization at $1 would be ~$8.1 billion. ALGO has strong technology (Pure Proof-of-Stake, speed, low fees) but needs more adoption and ecosystem growth.

5. Hedera (HBAR):

*Current price:** ~$0.17 - $0.18.

*Supply:** ~33.7 billion HBAR (out of max. 50 billion).

*Market capitalization:** ~$2.7-3.4 billion.

*Chances of reaching $1:** Difficult, but not impossible with mass adoption by corporations. Requires growth of ~10-12.5 times. The market capitalization at $1 would be $33.7 billion. The strong point is the governing council (Google, IBM, Boeing, etc.) and a focus on corporate solutions. Success depends on real network usage by major players.

6. VeChain (VET):

*Current price:** ~$0.025- $0.035.

*Supply:** ~72.7 billion VET (out of max. 86.7 billion).

*Market capitalization:** ~$2.2-2.5 billion.

*Chances of reaching $1:** Very difficult. Requires growth of ~28-33 times. The market capitalization at $1 would be $72.7 billion. The project focuses on supply chains and has real partnerships (Walmart China, BMW, PwC, etc.). Achieving $1 would require global dominance in its sector.

Category 3: High-risk / Low-cap Projects (Chances are small, but the growth potential is huge if the project 'takes off')

7. Projects with small capitalization (around $1 billion) and low token price:

* This includes hundreds of altcoins (e.g., IoTeX (IOTX), Reserve Rights (RSR), Chromia (CHR), and many others).

*Chances of reaching $1:** Extremely variable and generally low. For a coin trading at $0.005, reaching $1 means a 200-fold increase. This requires not only the success of the project itself but also a huge influx of capital specifically into this token and an overall bull market. Most such projects will not survive or reach such heights. A thorough analysis of tokenomics (inflation, staking, burning), the team, the product, and market potential is critically important. The risk of losing investments is very high.

Key points and warnings:

1. Token price ≠ Project value: A coin at $0.01 is not necessarily 'cheaper' or better than a coin at $100. It all depends on the total number of coins in circulation (market capitalization).

2. Market capitalization is the main indicator: Always calculate what market capitalization the coin must reach to get to $1 (`Price $1 * Total Supply = Market Capitalization`). Compare this figure with the current capitalization of Bitcoin, Ethereum, and the entire market.

3. Tokenomics matters: Inflation, burning mechanisms, staking, token distribution – all critically affect the potential for price growth.

4. Utility and demand: Will there be real demand for the token beyond speculation? Is it needed for network operations, fee payments, voting, earning rewards?

5. Risk: The lower the price and capitalization of the coin, the higher the potential return, but also the higher the risk. Low-cap projects are very volatile and can go to zero.

6. Memecoins (except DOGE): Tokens like Shiba Inu (SHIB), Dogelon Mars (ELON), Floki Inu (FLOKI), etc., have extremely low chances of reaching $1 due to astronomical supply (trillions of tokens), as discussed earlier. Their movement is primarily speculation.

Conclusion:

The most realistic candidates to reach $1 in the foreseeable future are XRP, ADA, and possibly DOGE (although it is more difficult for DOGE due to the large supply). Projects like ALGO, HBAR, and VET have a chance but require significant development and market growth. Low-cap projects are a lottery with very high risk.

Before investing:

1. Research the project: White paper, website, team, partnerships, technology, competitors.

2. Analyze the tokenomics: Supply, inflation, distribution and burning mechanisms.

3. Assess the market capitalization: How realistic is the required growth?

4. Diversify: Do not put all your investments into one asset, especially a high-risk one.

5. Invest only what you can afford to lose.

Reaching $1 for many coins on the list above is possible but not guaranteed and often requires a combination of project success and favorable market conditions.