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Investors eagerly seek to leverage emerging bullish trends by delving into investment prospects within low-cost tokens. With the forthcoming bitcoin halving, identifying tokens priced under 1 cent could potentially position investors for substantial returns.
This article aims to compile a roster of affordable tokens exhibiting promise in the crypto market. It will cover each coin’s use cases, news, partnerships, and other factors fueling its rise.
5 Best Cheap Crypto to Buy Now Under 1 Cent
Investors are excited to discover the next groundbreaking token, particularly those priced below 1 cent. As a result, tokens like Gala, XEC, and BONK have experienced a surge due to their accessible prices and potential market opportunities, capturing traders’ attention. Meanwhile, Bitcoin dropped 8% in the past week as volatility spiked to a one-year high.
1. Gala (GALA)
GALA’s bounced back from a 50% retracement level at $0.0536 in a resurging move, indicating sustained buyer interest. Meanwhile, Gala’s rebound is reflected in its bullish sentiment and a Greed score of 73. With the sustained buying pressure, GALA surged to $0.06, with its market cap hitting $1.8 billion. Gala is valued at $0.063505 after hitting a 16.78% intraday rally.
Furthermore, GALA printed a 57% YTD gain, showing a year-long gain. Meanwhile, Gala is above the 200-day SMA, with 16/30 green days demonstrating investor confidence. Also, its high liquidity and market cap further back the Gala’s positive performance.
GALA aims to reshape blockchain gaming by enabling users to own in-game assets like non-fungible tokens (NFTs). Gala’s solid fundamentals and dedicated community support position it for further growth. Moreover, potential collaborations with other networks could propel GALA’s price to surpass $0.137 by 2024. If the bulls persist, the average price will stabilize around $0.124 by the same year.
The #GalaChain hackathon has officially BEGUN!🏁
Follow all the latest updates and see how everyone is lovin' it on our liveblog!👇 https://t.co/T7ynDx8V1f
— Gala Games (@GoGalaGames) March 20, 2024
However, in a market downturn, GALA’s value could dip as low as $0.116 in 2024. Overall, Gala Games presents a compelling case for crypto investors. It offers a decentralized gaming ecosystem with tangible ownership of in-game assets. With its trajectory pointing upwards, Gala has the potential to carve a significant niche in the evolving landscape of blockchain gaming.
2. eCash (XEC)
eCash is expanding market adoption as an alternative to Bitcoin. Previously known as Bitcoin Cash ABC (BCHA), eCash aims to transform electronic transactions for goods and services. With increased attention on its use cases, XEC has been rising, surging by 29.27% in the past 24 hours to $0.00006477.
Similarly, it has printed gains year-to-date, surging 114% over the past year. Trading above the simple 200-day moving average, XEC is continuing its upward trend. It currently stands at 113.75% above its 200-day SMA, indicating potential bullish momentum. Meanwhile, 15/30 green days further showcase eCash’s high liquidity based on its market cap.
Moreover, the project’s strong fundamentals and a dedicated crypto community suggest promising prospects for future growth. In light of this, analysts anticipate that potential collaborations with other networks could cause its price to surpass $0.0001085 by 2024.
Building Never Stops! 👨🏻💻
📣 Bitcoin ABC 0.28.12 is here! 🚀
This release brings some performance and RPC improvements. 🛠️$XEC #JustBuild https://t.co/hvzRjJi8kX
— eCash (@eCashOfficial) March 22, 2024
Nonetheless, a bull run could be possible because the XEC tokens’ price will be around $0.0000982 by 2024. eCash’s vision to redefine financial freedom and simplify money transactions resonates with investors. With its recent performance and strategic positioning, eCash is one of the best cheap crypto to buy now under 1 cent.
3. Bonk (BONK)
BONK is riding on the euphoria of the Meme frenzy in the market. This persistent fanfare and Bitcoin’s positive performance have increased Bonk’s market cap. Over the past month alone, BONK has soared by over 160%, posting profit to investors. At the time of writing, Bonk is above its 200-day SMA by a staggering 1,041.38%. Moreover, BONK’s performance has been impressive, as 16/30 trading days have closed with greens.
Since the onset of 2024, it has printed 640% gains, with early investors benefitting from this rise. Notably, BONK’s Binance listing increased buying pressure, leading to a surge in liquidity and trading volume reaching $600 million.
At its peak, BONK’s market cap surpassed $1 billion, putting it in conversations with other top meme coins. Meanwhile, experts bullish sentiment on the meme coin sector propelled investors’ confidence in Bonk.
However, on March 18, 2024, BONK experienced a setback, with its value declining by 18.82% in the past week, in line with the overall market decline. Nonetheless, experts foresee a rebound for BONK despite this temporary dip. Hence, analysts project a target price of $0.0000385 by the end of March, driven by heightened demand.
In summary, BONK’s meteoric rise underscores the growing prominence of meme coins in the cryptocurrency landscape. While recent fluctuations may have caused some turbulence, the overall sentiment remains optimistic, with BONK poised to capitalize on increasing demand and investor confidence.
4. FLOKI (FLOKI)
Valhalla launch, scheduled on the mainnet, will offer users many exciting features. Valhalla promises on-chain gaming functionalities, a Play-2-Earn system, customizable NFTs, and an immersive open-world environment.
Floki’s proposal to burn 2% of the token’s supply saw it print over 100% gain, with an overwhelming 90% of holders voting in favor of the burn. Valhalla was pivotal in this deflationary move, propelling this surge and underlining its importance in the Floki ecosystem.
Floki Inu is still riding the wave of this positive news, surging by 5.14% in the last intraday session to reach $0.000242. Nonetheless, the Greed score decreased by 73, easing investors’ FOMO.
Meanwhile, FLOKI’s YTD performance has been positive, bettering 88% of the top 100 coins, including Bitcoin and Ethereum. The coin sits 797.50% above the 200-day SMA, reinforcing its strong performance.
VALHALLA MOBILE APP TO BE RELEASED LATER THIS YEAR
Due to strong user demand, we will release a mobile app version of $FLOKI's flagship utility metaverse game #Valhalla later this year — for both iOS and Android users. Our roadmap has also been updated to reflect this!
This… https://t.co/JtSkD5RapL pic.twitter.com/EQYSdj91iT
— FLOKI (@RealFlokiInu) March 23, 2024
Moreover, with 20 green days in the last 30, Floki demonstrates consistent upward momentum. The project’s high liquidity, supported by its substantial market cap, further solidifies its position in the market. As Valhalla prepares to launch on the mainnet, investors and enthusiasts eagerly await exploring its innovative gaming features and the potential for earning rewards within the metaverse.
5. Bitcoin Minetrix (BTCMTX)
Cloud mining is poised for transformation with the emergence of the Bitcoin Minetrix tokenized platform. This innovative solution aims to revolutionize the mining sector by tokenizing cloud mining. To this end, it effectively combats prevalent issues, such as third-party scams that have plagued the industry.
One of Bitcoin Minetrix’s primary advantages is its ability to address concerns about hardware obsolescence. Offering cloud mining services relieves individuals of the burdens of upgrading aging mining hardware, which often poses challenges in resale scenarios.
Furthermore, The ongoing Bitcoin Minetrix Presale is attracting considerable attention from investors, having successfully raised $12,521,255. Moreover, each BTCMTX is valued at $0.0142 and has an APY of 56%. With just three days remaining until the conclusion of Stage 33, investors can capitalize on the current price before it potentially increases.
Just 3 days remaining until Stage 33 of #BitcoinMinetrix ends!
What factors do you consider before engaging in a cloud mining service? 💭 pic.twitter.com/B2LcGoY6a4
— Bitcoinminetrix (@bitcoinminetrix) March 23, 2024
This milestone demonstrates the project’s traction and positive step as an alternative for users seeking to mine Bitcoin. Hence, investors keen on participating in the presale should consider seizing this opportunity to benefit from the platform’s promising prospects.
Visit Bitcoin Minetrix Presale
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