6 Best Cheap Crypto to Buy Now Under 1 Dollar November 1

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Theta
Theta

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Find the top affordable cryptocurrencies you can buy for less than 1 dollar each as of November 1. These tokens offer a chance to capitalize on the market without breaking the bank.

It is worth mentioning that stablecoins continue to play a significant role, accounting for $35.36 billion of the total 24-hour trading volume. This substantial volume constitutes 88.12% of the total cryptocurrency market’s trading activity for the day. Thus highlighting the prevalence of stablecoins in facilitating various transactions within the crypto ecosystem.

6 Best Cheap Crypto to Buy Now Under 1 Dollar

Bitcoin’s dominance in the market currently stands at 52.82%, marking a 0.12% increase throughout the day. This information sheds light on Bitcoin’s share of the cryptocurrency market and its recent marginal growth.

1. Theta Token (THETA)

Theta Network operates as a decentralized platform with a central goal of enhancing efficiency and cost-effectiveness. Similarly, it aims to improve fairness within video streaming, data delivery, and edge computing. 

THETA Price chart

Furthermore, the platform runs on its native blockchain. It utilizes two native tokens, Theta (THETA) and Theta Fuel (TFUEL), to power its internal economy. Moreover, Theta Network’s benefit to viewers, content creators, and video platforms positions it as a notable player in the cryptocurrency landscape. 

Projections indicate a maximum expected price for Theta token (THETA) around $2.10 as the crypto market recovers. Likewise, there is an anticipated average price of $1.86 in 2023. However, a major bearish trend could trigger a minimum price value of $1.61 in 2023. 

Theta’s live price is pegged at $0.756863, with a 24-hour trading volume of $92,910,444. Also, the circulating supply of THETA is 1,000,000,000 coins, with a maximum supply also set at 1,000,000,000 THETA coins.

2. TRON (TRX)

TRON has recently achieved significant milestones in the cryptocurrency space. These developments encompass various aspects of the blockchain, highlighting its dedication to growth and innovation.

TRX Price chart

One noteworthy achievement is the launch of its own NFT marketplace, known as Just NFT. This platform enables users to engage in buying, selling, and trading a diverse range of NFTs. Notably, Just NFT supports multiple NFT formats, including ERC-721, ERC-1155, and TRC-721, contributing to the broader NFT ecosystem.

In a strategic partnership, TRON has collaborated with Opera to introduce Opera GX, a cryptocurrency-powered web browser. This browser is designed to optimize performance by reducing CPU and RAM usage. 

Moreover, it seamlessly integrates with TRON’s decentralized applications (dApps), aiming to enhance the user experience and accessibility. These developments underline TRON’s position as an active player in the cryptocurrency landscape. 

Turning attention to TRON’s cryptocurrency, TRX’s recent price analysis paints a favorable picture for potential buyers. Over the past few weeks, the market has favored a bullish progression, marked by consistent upward movements. In the last 24 hours, TRX/USD reached a high of $0.0949. Additionally, the Moving Average (MA) value has risen, surpassing $0.0929 due to the ongoing ascent.

3. XRP (XRP)

The SEC recently issued an announcement concerning legal charges against Ripple’s executives, Brad Garlinghouse and Chris Larsen. In this new development, the commission has decided to drop charges against XRP’s executives. This decision by the SEC has captured the attention of investors looking to invest in XRP.

XRP Price chart

The announcement by the SEC saw XRP surge by %8.33 in 24 hours. As such, the coin experienced an intraday rise from $0.48 to $0.52. XRP’s upward momentum continued, increasing from $0.52 to $0.58 between October 19 and 30. Thus representing an 11.54% growth in XRP’s value.

Industry experts have offered predictions for the future of XRP, with expectations that its price may reach $0.79 by November 4. The current live XRP price is $0.598038, with a 24-hour trading volume of $2,221,728,316. Furthermore, XRP is currently ranked fifth on CoinMarketCap, with a live market capitalization of $32,031,232,803. 

4. Wall Street Memes (WSM)

The Wall Street Memes project has achieved notable success during its presale launch, securing over $29 million in funding. Over the past three months, it has garnered substantial attention and is anticipated to perform well in the cryptocurrency market.

One contributing factor to its success is the significant investment made by prominent crypto ‘whales,’ who have acquired 553 ETH worth of $WSM tokens. The presale of Wall Street Memes is currently in its final phases, offering $WSM tokens for sale for $0.0337 per token.

A noteworthy aspect of the project is its strong emphasis on fostering community engagement and empowerment. The Wall Street Memes team has allocated 100% of the $WSM token supply to the Wall Street Memes community, clearly demonstrating their commitment to this mission.

As outlined in their whitepaper, the Wall Street Memes team has decided not to retain any $WSM tokens for themselves. It has designated 30% of the total token supply for community rewards. 

5. Nexo (NEXO)

Over the past 30 days, Nexo has exhibited significant growth, with a 12.80% increase in value. This recent performance has fostered a bullish sentiment in the Nexo price predictions. 

NEXO Price chart

By the close of November, Nexo experienced a substantial uptick of 110.12%, reaching an approximate value of $1.34. During this period, the majority of technical analysis indicators conveyed bullish signals. However, it’s important to note that some indicators also pointed to bearish trends. The fear and greed index, registering at 45.06, reflects an atmosphere of extreme fear in the market.

At present, Nexo’s trading position is situated below the 200-day simple moving average (SMA), which has consistently indicated a buying signal for the preceding 326 days. Nonetheless, the price currently trades beneath the 50-day SMA, which suggests a buying opportunity.

According to technical indicators, the 200-day SMA is anticipated to decrease soon, potentially leading to a price point of $0.63 by the conclusion of December 2023. Additionally, the short-term 50-day SMA hints at a price projection of $0.57 by December 2024.

The Relative Strength Index (RSI) serves as a widely recognized momentum oscillator, conveying whether a cryptocurrency is oversold (below 30) or overbought (above 70). The RSI is positioned at [RSIValue], indicating a selling sentiment prevailing in the Nexo market.

6. Stellar (XLM)

Voltage Park, a startup affiliated with a non-profit organization linked to Stellar co-founder Jed McCaleb, has made a substantial investment by acquiring 24,000 Nvidia H100 chips valued at $500 million. They aim to offer these resources as a cloud-based service, enabling other companies to utilize them for their Artificial Intelligence (AI) initiatives. 

XLM Price chart

This partnership could potentially draw attention to Stellar (XLM). As such, some experts speculate that Stellar may become a noteworthy cryptocurrency in the current year. 

According to price analysis, the maximum price of Stellar is anticipated to stabilize around $0.149 as the cryptocurrency market regains its value. Likewise, the XLM Coin price projection indicates an average price of $0.131 by 2023. However, in the event of a significant bearish trend in the cryptocurrency market, the projected minimum price is approximately $0.114 by 2023.

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