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The cryptocurrency market’s overall outlook reversed from yesterday’s bearish trends. Today’s overall trading volume and market cap have seen respective upticks, likely propelled by the increase in the market’s Greed index. Moreover, this new positive trend could be a factor for investors to search for the best cheap crypto to buy now under 1 Dollar.
However, pinpointing the most promising low-priced crypto assets requires considerable time and effort. This article has compiled a carefully selected list of cryptocurrencies priced under one dollar to simplify 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 display upward trajectories, indicating attractive investment opportunities. Particularly noteworthy is 5thScape, which reached a significant milestone during its Presale Stage 4, raising $3.9 million. Furthermore, Bitcoin surged to $69K, driven by spot market buying and impending short liquidations.
1. eCash (XEC)
News of eCash’s impending halving in the next six days has increased the fanfare and overall outlook on XEC. After dipping to an intraday low of 0.00005979 on April 4, eCash has surged by 12%, currently trading at $0.00007077. Moreover, XEC’s present market trend reflects continuous northbound movement in the interim. Likewise, it is trading at 129.98% above its 200-day Simple Moving Average (SMA), which is $0.00003064.
While the overall market Greed score has risen to 75, eCash’s Index of 79 indicates higher investor interest. This figure, representing extreme greed and the increased token transactions, is probably propelled by the current bullish sentiment. Furthermore, XEC’s Relative Strength Index (RSI) suggests it is currently oversold, hinting at a potential upward movement shortly.
𝐎𝐧𝐥𝐲 7 𝐝𝐚𝐲𝐬 𝐥𝐞𝐟𝐭 until the eCash $XEC #halving 👀
⌛ Live countdown: https://t.co/Lv3O8i41yz pic.twitter.com/wYfuzQo9YX
— eCash (@eCashOfficial) April 4, 2024
Meanwhile, eCash has shown impressive growth YTD, with its price surging by 123%. Along the same lines, the project is witnessing growing adoption and community, suggesting further success. Hence, analysts predict that if eCash announces collaborations with other networks, XEC’s price could surpass $0.0001085 by 2024. In addition, the bullish trend in the overall crypto market could cause its average price to stabilize around $0.0000982 over the same period.
2. BitTorrent (New) (BTT)
BitTorrent is recovering after a downtrend over the past month. Following its BTFS v2.3.5 Mainnet launch, the platform’s native token continued dipping. However, the trend is likely a reversal after 2.62% over the past 24 hours, placing its price at $0.000001431. The token’s market sentiment still tilts towards a neutral outlook. Nevertheless, investor confidence appears strong, with the Fear & Greed Index registering extreme greed at 79.
In the last 30 days, BitTorrent has recorded 15 green days, where the closing price has exceeded the opening price, constituting 50% of the trading days. This trend aligns with BitTorrent’s impressive 128% price surge over the past year, outperforming 57% of the top 100 crypto assets.
Resources for BTFS v2.3.5:
● Release notes for BTFS v2.3.5: https://t.co/9lEYnKC6eP
● Dashboard repo: https://t.co/ZiRLQTmhHP
● BTFS official website: https://t.co/WWRzm6ww6g
● BTFS SCAN: https://t.co/ehAFinrmhu
● BTFS v2.3.5 official documentation:…— BitTorrent (@BitTorrent) March 29, 2024
Significantly, BitTorrent trades 52.56% above its 200-day SMA of $0.000069392, signaling an uptrend. This growing market performance suggests promising prospects for BitTorrent. Hence, analysts anticipate that strategic collaborations with other networks could propel BitTorrent’s maximum price level to surpass $0.00000205 by 2024.
3. EOS (EOS)
The EOS blockchain has rolled out a groundbreaking feature called Transferable RAM, reshaping resource allocation within the network. This innovative addition empowers users to freely transfer RAM between accounts without incurring any costs freely, significantly enhancing network efficiency and usability.
Furthermore, this upgrade integrates RAM logging and alerts, enhancing transaction transparency. These features enable smart contracts to monitor and manage RAM usage actively, reinforcing EOS’s position as a leader in blockchain solutions.
Meanwhile, this news has little effect on EOS’s market performance. The coin sits at $0.974546, reflecting a 1.03% intraday uptick. Nonetheless, it has witnessed in 16/30 days when it closed intraday trades with green candlesticks. Additionally, EOS trades above its 200-day simple moving average, indicating stability and potential for growth.
ENF CEO, @BigBeardSamurai will be in part of a panel at the Web3.0 Spring Summit organized by @MetaEra_Media 🇭🇰
Join him on April 5 at Cyberport at 2:05pm HKT to hear him speak about scaling Web 3.0 🌐
Details 👇https://t.co/1kJIGbsusA pic.twitter.com/zntjsYPoRX
— EOS Network Foundation (@EOSNetworkFDN) April 4, 2024
The coin’s steadily rising trend signifies potential for future growth. Furthermore, collaborations with other networks could propel the EOS to surpass $3.52 by 2024. Therefore, investors closely monitor the coin as the best cheap crypto to buy under one dollar now.
4. 5th Scape (5SCAPE)
Due to a surge in investor interest, 5th Scape is witnessing promising profit potential. The fourth stage of 5th Scape’s presale achieved a significant milestone, surpassing funding of $3.9 million. This milestone showcases investor confidence in the project’s future growth trajectory.
🚀 Our presale has surged past stage 3!
🌐 Join us now and delve into a world of virtual reality with our multi-utility token.
🎉 Don't miss out on being part of our vibrant community! #cryptocrash #cryptocrash #Wormhole #cryptocurrency #5thScape #Presale #4thstage 🌟 pic.twitter.com/QeznEVAvFJ
— 5th Scape (@5th_scape) April 4, 2024
With each 5SCAPE set to be valued at $0.01 upon listing, the current presale price of $0.00285 presents an enticing investment opportunity. Hence, investors can seize the current price before a likely subsequent increase, potentially yielding a return of over 250%.
Moreover, 5th Scape’s presale success underscores its dedication to revolutionizing user experiences in virtual worlds using 5SCAPE Coin. As the project advances, it aims to amplify immersion and interaction within its virtual gaming environment and provide users with a distinct and captivating gaming experience.
The reception of 5th Scape’s presale signals a growing acknowledgment of the intrinsic value potential in virtual reality gaming platforms. Investors are increasingly eager to partake in future growth opportunities, acknowledging the potential of such platforms to reshape the gaming sector.
5. IOTA (IOTA)
IOTA has announced its plans to establish a pioneering foundation in Abu Dhabi, UAE. This move signifies IOTA’s commitment to decentralized governance and its aspirations to become a leading figure in global digital infrastructure.
Alongside this announcement comes the unveiling the “Stardust” upgrade, a crucial update to revolutionize IOTA’s network. IOTA price stands at $0.300368, experiencing a slight decrease of -0.65% over the last 24 hours. Despite this minor dip, IOTA’s sentiment remains bullish, with a Greed score of 79 reflecting increasing token transactions.
📣 It's time to recap what we've been up to in Q1 of 2024! Our quarterly progress report is here to give you an inside look at the latest developments and accomplishments across the #IOTA teams and ecosystem. Check it out 👇https://t.co/HUfJh6p8Ns
— IOTA (@iota) April 4, 2024
Furthermore, IOTA exhibits positive trading indicators above its 200-day simple moving average. In addition, it recorded 17 green days within the past month. This trend mirrors the coin’s high liquidity, as evidenced by its substantial market capitalization.
6. Stellar (XLM)
Stellar is experiencing a slight dip, losing 0.51 in price and settling at $0.126917. Despite its market cap of $3.66 billion, its dominance remains relatively low at 0.15%. However, Stellar hit a 20% price increase over the past, indicating a promising trajectory.
The sentiment surrounding Stellar’s price prediction leans bearish. Nonetheless, an Extreme Greed rating of 79 reflects increased token transactions amid the confidence of a bull market.
Honored to see that Stellar Aid Assist and @vibrantwallet have been nominated for BEST Use of Web 3 Technology from @TheWebbyAwards!
Cast your vote to help us bring it home 🏆 https://t.co/7jJOTkwf0m
— Stellar (@StellarOrg) April 2, 2024
Meanwhile, XLM has been exhibiting stability, consistently trading above its 200-day simple moving average, currently at $0.122565. This suggests a positive trend, with Stellar trading 3.58% above this benchmark. Additionally, out of the last 30 days, Stellar has witnessed 17 green days, representing 57% of the trading period.
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