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Bitcoin Halving approaches in just 25 days, pushing up transaction rates as investors are actively updating their portfolios. This surge in activity has coincided with a notable rise in trading volumes, leading to a significant uptick in the altcoin market. In light of these developments, traders actively seek strategic entry points into the economic market and explore potential investment opportunities, focusing on affordable tokens.
However, identifying the most promising low-priced crypto assets requires considerable time and effort. Therefore, this article has compiled a curated selection of cryptocurrencies priced under one dollar to streamline this process.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
This analysis provides traders with valuable insights into assessing the growth potential of various tokens. Many tokens priced below $1 are currently on upward trajectories, presenting attractive investment prospects. Notably, 5thScape has reached a significant milestone during its Presale Stage 2 by securing an impressive funding of $2.3 million. Despite this, the crypto market prioritizes spot Bitcoin ETF flows over fundamental factors.
1. Beam (BEAM)
Blockchain gaming on the Avalanche network is set to witness a dynamic shift, with Beam at the forefront. Initially a subnet on the Avalanche ecosystem, Beam has rapidly expanded its reach. Impressively, it has formed alliances with industry giants like Immutable and Polygon Labs, signaling a shift toward chain agnosticism.
Furthermore, Beam’s appeal lies in its pivotal role within the bustling Avalanche ecosystem. Alongside its strategic partnerships, recent collaborations with Polygon and Immutable boost its standing. This positions Beam as the premier destination for trading gaming assets across diverse titles.
The team's getting back home from @Official_GDC filled with a bag full of:
🫡 Inspiration
💼 New connections
💪 Stronger collaborations
💨 Ton of motivation pic.twitter.com/xnBWPxUX5o— Merit Circle (@MeritCircle_IO) March 23, 2024
As of today, Beam’s price is $0.035720, reflecting an 8.83% increase within the last 24 hours. In addition, investor sentiment towards Beam appears bullish. This view is further strengthened by a Greed score of 75, showcasing a state of greed among investors. In essence, Beam’s trajectory appears promising amidst its growing partnerships. Furthermore, the bullish sentiment supports its potential as a token worth considering.
2. 5th Scape (5SCAPE)
5th Scape, a pioneering online VR gaming platform, has achieved a significant milestone in its ongoing Presale Stage 2, securing an impressive funding of $2.3 million. This accomplishment highlights strong investor interest in the project’s potential. Additionally, with each 5SCAPE Coin priced at $0.01 during the presale, early investors can gain a substantial 365.12% return.
Projections indicate that the 5SCAPE Coin’s next price point is expected to reach $0.00248, offering an additional potential increase of 15.35%. This allows investors to capitalize on the current price before a subsequent rise.
Furthermore, these developments underscore 5th Scape’s commitment to transforming user experiences within virtual worlds by utilizing 5SCAPE Coin. As the project advances, it aims to enhance immersion and interaction within its virtual gaming environment, offering users a unique and compelling experience.
5thScape, the cutting-edge crypto project poised to revolutionize augmented and virtual reality, offers investors an opportunity to dive into the future of immersive gaming.
With plans for innovative VR hardware and a diverse range of games, including Cage Conquest and Epic… pic.twitter.com/FaIicOGq3w
— 5th Scape (@5th_scape) March 23, 2024
Overall, the success of 5th Scape’s presale reflects a growing recognition of the potential value of virtual reality gaming platforms. Investors are eager to participate in their future growth.
3. Nervos Network (CKB)
Nervous is building a solid layer two for Bitcoin to improve interoperability. Ultimately, it aims to become a universal highway and powerhouse for decentralized applications interconnected from different chains.
Meanwhile, recent indicators paint a bullish picture for Nervos Network. With sustained buying pressure, CKB’s Greed score is 75, suggesting high transactions. Moreover, Nervos Network’s overall yearly trend has been positive, with a 319% surge, bettering Bitcoin and Ethereum.
Per the data from today’s session, CKB is trading 199.16% above the 200-day SMA, suggesting a strong upward trend. Likewise, CKB closed 18/ 30 trading days with green candlesticks, spending 60% of the time in the green zone.
🧙♂️Ordinals & inscriptions may have taken the Bitcoin world by storm (and infuriated many maxis in the process), but they're still confusing to most Bitcoin outsiders🤠
If you're an Ethereum/Solana NFT collectooor looking into getting your hands on some Bitcoin non-fungibles,… pic.twitter.com/lXdRvSuZmO
— Nervos.bit (@NervosNetwork) March 6, 2024
Furthermore, Nervos Network boasts high liquidity, laying a solid foundation for further growth. This, coupled with unwavering support from its dedicated community, positions Nervos Network for remarkable expansion in the foreseeable future.
Hence, increased collaborations can lead to further price appreciation. Should the Nervos Network project unveil such partnerships, analysts predict that the maximum price level of the CKB Coin could surpass $0.0156 by 2024.
4. 0x (ZRX)
0x is on an uptrend, breaking the resistance $0.94 level. In the last intraday trading session, 0x surged by 8.51%, reaching $0.943247. This surge caused a ripple effect, propelling its trading volume by 41.24% to $194.19 million. Moreover, this bullish movement contributes to an impressive 308% YTD increase, outpacing 78% of the top 100 tokens.
Meanwhile, ZRX’s market cap surged by 8.43%, reaching $799.40 million, while the market dominance stayed at 0.03%. The Fear & Greed Index stands at 75, with investors updating their portfolios with the ZRX token. Moreover, 0x has consistently traded above its 200-day simple moving average, currently sitting 136.82% higher.
Explore 12 months of aggregate user trading data, from volume to trade size with 0x Trade Analytics 📊
+ Volume
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— 0x (@0xProject) March 21, 2024
Plus, 0x’s trajectory is favorable compared to the token sale price, reflecting favorably on its long-term viability. Notably, 0x has enjoyed 19 green days out of the last 30, indicating a consistent uptrend in its price movements. One key aspect contributing to 0x’s strength is its high liquidity, supported by its substantial market cap. Trading on prominent exchanges like Binance, accessibility and trading opportunities remain abundant for investors.
5. Moonbeam (GLMR)
Moonbeam’s affordable and vast offerings are gaining popularity in the crypto scene. In light of this, GLMR has printed gains in 17 of the last 30 intraday trading sessions, climbing 5.48% to reach. This price rise coincides with the project’s distribution of Pink Toakes to the OTs community. Analyzing its price trajectory, Moonbeam is bullish, with its Greed score pegged at 75.
Furthermore, its price has soared by 41% in the last year alone, showcasing consistent growth and market appeal. Similarly, technical indicators paint a promising picture for the token. Moonbeam trades above its 200-day simple moving average, currently at $ 0.265646. This indicates sustained upward momentum and reinforces investor confidence in the project’s trajectory.
Moonbeam is $PINK!
The Moonbeam community allocation of 🪂 $PINK has completed distribution!
If you're a 🌜 Moonbeam OG or you participated in the community @airlyftone campaign, check your wallet! https://t.co/W03tYUsFyL
— Moonbeam Network (@MoonbeamNetwork) March 23, 2024
Coupled with its high liquidity and substantial market capitalization, Moonbeam presents a compelling investment opportunity. Overall, Moonbeam displays substantial growth potential, especially in light of potential collaborations with other networks. Therefore, analysts predict that such partnerships could propel Moonbeam’s price to exceed $1.33 by 2024.
6. Skale (SKALE)
SKALE is gaining prominence with its scalability solutions. With this growth, SKL is printing gains, with a $0.108127 price reflecting a 3.38% intraday rally. Similarly, SKL’s market cap impressively stands at $560.01 million, with a market dominance of 0.02%. Over the past year, SKALE has demonstrated remarkable growth, hitting a 172% increase in price. This performance betters 66% of the top 100 crypto assets, including Bitcoin and Ethereum.
Trading above the 200-day simple moving average and showing 19/30 green days, SKL exhibits a consistent upward trend. Meanwhile, the Fear & Greed Index of 75 indicates that investors are still trading the token, pushing its price northward. With high liquidity backed by its substantial market cap, SKALE remains an option for investors looking for a cheap market entry.
With over 1.2 million users weekly enjoying a gas free lifestyle, #SKALE has become THE home for dapps looking to scale to new heights 🚀
The #Staturday numbers don't lie!
💰 $291,343,657 USD Saved on Gas
🆓 84,555 ETH Saved on Gas
🔃 8,950,454 Transactions
👥 1.21M UAW pic.twitter.com/pPsd76HZA1— SKALE (@SkaleNetwork) March 23, 2024
With its robust fundamentals and dedicated community, SKALE holds promising potential for further expansion. Hence, investors are particularly eyeing SKALE’s potential collaborations with other networks. Such collaborations could propel SKL’s price to exceed $0.145 by 2024.
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