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The cryptocurrency market has witnessed several events over the past few days that have influenced investment trends. For instance, the arrest of Telegram founder Pavel Durov has seen tokens within the TON slip in recent days.
However, this market turmoil opens a window for shrewd investors to capitalize on positions with potential future returns. Amid the recent market downturn, several tokens, particularly assets priced under a Dollar, have shown potential for substantial. This article curates a list of the 5 best cheap cryptos to buy now under one Dollar, updating investors with current market information.
5 Best Cheap Cryptos to Buy Now Under 1 Dollar
Despite recent challenges, some large investors, often called “whales,” continue to favor Notcoin’s market trend. This week, several developments within Klaytn’s network have shaped trends that could attract investor interest. Additionally, HOT has experienced notable price movements, breaking past the $0.0013 mark and approaching a potential target of $0.0037.
Meanwhile, TRON (TRX) has recently garnered attention, with its native token reaching a 40-month high of nearly $0.17 on August 26. Furthermore, Pepe Unchained, an evolution of the original Pepe project, has gained traction in the digital asset market, surpassing $10 million in its ongoing presale. However, amid a wave of long liquidations, cryptocurrencies have slid, with Bitcoin briefly falling below $60,000.
1. Notcoin (NOT)
Pavel Durov’s recent arrest has impacted the market, leading to the decline of TON-based projects, including Notcoin. NOT, which initially gained popularity as a viral Telegram game that introduced users to web3 through a tap-to-earn mining system, recently faced challenges. Over the past few days, Notcoin dipped by 20%, approaching historically low levels as investor sentiment displayed bearish signals. This decline was accompanied by a sharp 76% decrease in active trading addresses, indicating traders are retreating from the market to avoid further losses.
Despite these challenges, some large investors, often called “whales,” capitalize on the downturn. As a result, the net flow of Notcoin among these major holders has increased by 312% over the past week, suggesting they anticipate a future rebound, even amid the current bearish trend.
Not Games Contest
We’re excited to announce the next contest, as part of the Notcoin strategy.
We invite all rule-breakers, game devs, and web3 degens to join us in building games that are actually cool. pic.twitter.com/RdPzQCvXro
— Notcoin Ø (@thenotcoin) August 17, 2024
Moreover, Coincodex’s technical indicators indicate a resurgence soon, placing Notcoin among the best cheap cryptos to buy now under one dollar. Per the platform’s price prediction, Notcoin will rise by 220.07%, hitting $0.029289 by September 27, 2024. Other metrics hint at a potential price rally, with forecasts suggesting potential maximums around $0.063 by the end of the year. Even though market conditions remain challenging, future demand for Notcoin may increase as metaverse and NFT trends continue.
2. Klaytn (KLAY)
Following Klaytn’s merger with Finschia, KLAY’s price sentiment has been relatively neutral. However, several developments this week have shaped trends within the network, which could potentially trigger investor interest. On 26 August, the networks initiated updates to their on-chain parameters, including adjustments to inflation and reward rates. These changes align with the Kaia Rewards policy as part of the Klaytn-Finschia integration.
Meanwhile, the Finschia mainnet will receive a final update on August 28 in anticipation of the Kaia mainnet launch. Moreover, the 29 August launch of the Kaia Portal and Kaia Square will introduce key features to the ecosystem.
For instance, the Kaia Portal will facilitate token swaps, staking, and bridging activities. At the same time, Kaia Square will offer a new staking option, Public Delegation, allowing users to delegate KAIA to their chosen validators. Finally, during the main net launch, exchanges will gradually update the ticker from KLAY to KAIA. However, the exact timing will vary across platforms, so users should monitor updates from their respective exchanges.
29.08.24
It's Official.
Read more below ⬇️ pic.twitter.com/hTtap5tb3v
— Kaia (prev. Klaytn & Finschia) (@KaiaChain) August 19, 2024
Market participants seem to have reacted to these trends, with KLAY’s 7-day chart reflecting a price increase of 3.85%. Furthermore, experts predict these events will culminate in a price increase over the next months.
3. Holo (HOT)
Holo is a peer-to-peer distributed platform designed to host decentralized applications (DApps) built with Holochain, a framework that operates without relying on blockchain technology. The platform aims to connect the broader internet with Holochain-based applications, providing an ecosystem where DApps can be accessed and hosted by participants in the Holo network.
The network is supported by a native token called HoloFuel, which is currently being tested. HoloFuel will serve as an accounting system, compensating hosts for their services within the network. In 2018, an ERC-20 token named HOT (HoloToken) was introduced as a placeholder, promising it would be redeemable for HoloFuel upon the platform’s launch.
Although Holo is still under development, it was anticipated to enter open alpha and beta testing by 2021. Recently, HOT has shown notable price movements, breaking past the $0.0013 mark and approaching a potential target of $0.0037 soon. This performance aligns with the broader strength observed in Bitcoin.
Take another look at the last launch briefing to catch key insights before the upcoming one this week. Stay tuned for more! https://t.co/DMCEzF14jE pic.twitter.com/9oaSjf8wIF
— Holo (@H_O_L_O_) August 27, 2024
Data indicates that HOT experienced a 410% gain during its last rally, and over the past year, its price has risen by 51%. HOT has also outperformed half of the top 100 crypto assets within the same period and is trading above its 200-day simple moving average. Furthermore, it has shown positive returns relative to its token sale price and maintains high liquidity based on its market capitalization. Current forecasts suggest that the price of Holo may increase by 33.33%, potentially reaching $0.002376 by September 27, 2024.
4. TRON (TRX)
TRON (TRX) has recently gained attention, with its native token reaching a 40-month high of nearly $0.17 on August 26. This price surge has led to positive outcomes for investors, as all of them were experiencing paper profits at the time.
The launch of numerous meme coins on SunPump, a platform associated with TRON founder Justin Sun, has further brought the project into the spotlight. Sundog (SUNDOG) has notably achieved a market cap exceeding $250 million.
.@justinsuntron just spoke on the #TRON stage at #WebX2024! 🌐
He spoke about TRON’s advancements, achievements and upcoming plans for the next year. 🎙️ pic.twitter.com/aXwSsQeRBa
— TRON DAO (@trondao) August 28, 2024
TRON, developed by the Tron Foundation and launched in 2017, is a decentralized blockchain-based operating system. Initially, TRX tokens were ERC-20 tokens on the Ethereum network, but they transitioned to TRON’s blockchain in 2018. The project’s primary aim is to grant digital content creators full ownership rights, addressing the issue of intermediaries taking a large portion of their revenue. The platform encourages direct rewards from consumers to creators.
5. Pepe Unchained (PEPU)
Pepe Unchained, a recent evolution of the original Pepe project, has gained attention in the digital asset market, reaching over $10 million in its ongoing presale. Built as a Layer 2 solution on the Ethereum network, it aims to improve transaction efficiency with faster speeds and lower costs, setting itself apart from traditional Layer 1 systems.
The project seeks to enhance Pepe’s technological foundation, appealing to investors interested in innovation and more efficient crypto operations. With a total supply of 8 billion PEPU tokens, the distribution is strategically planned. The presale and marketing each receive 20%, focusing on generating early momentum and engaging investors. Meanwhile, 10% is dedicated to liquidity, project finance, and chain operations, ensuring stability and trading fluidity. Notably, 30% is allocated for staking, highlighting a commitment to long-term investor participation.
Pepe Unchained will alter the course of meme coins forever.
The whole world is starting to take notice.
$10 Million Raised.
This is a MONUMENTAL MILESTONE! Get ready for fireworks! pic.twitter.com/yrmU0WuvhV
— Pepe Unchained (@pepe_unchained) August 22, 2024
The staking option, offering an annual percentage yield (APY) of 183%, is a key feature for those seeking passive income. PEPU tokens are currently priced at $0.0093477, making them accessible with growth potential. Investors can purchase tokens using ETH, USDT, or BNB, with staking rewards available for ETH and USDT transactions. Additionally, including bank cards as a payment method increases accessibility for a broader audience.
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