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Japan’s Financial Services Agency (FSA) is exploring a significant reduction in the tax rate on cryptocurrency gains, potentially from 55% to 20%. As Colin Wu reported, this adjustment would align crypto taxation with stock market capital gains, making digital assets more appealing to both retail and institutional investors.
If implemented, this change could boost participation in the crypto market, attracting new investors seeking promising opportunities. For those looking to get started, exploring the best cheap cryptos to buy now under 1 dollar could be a strategic move in light of these potential tax benefits.
6 Best Cheap Cryptos to Buy Now Under 1 Dollar
From a market standpoint, Kava (KAVA) is currently valued at $0.4914, marking a 3.44% increase in the past 24 hours. Aleph Zero’s token (AZERO) is trading at $0.2504, with a market cap of roughly $66.82 million. Meanwhile, Solaxy ($SOLX) has been making waves in the crypto industry, recently surpassing $19 million in its presale.
Looking ahead to February 2025, projections indicate a slight upward trend, with XEM anticipated to rise by 1.11%. AIOZ Network (AIOZ) has demonstrated impressive growth over the past year, surging by approximately 201%. Enjin remains a leading force in the Web3 development space, while Cardano has seen a spike following Grayscale’s filing to introduce an ETF on the NYSE.
1. Kava (KAVA)
Kava AI has introduced a decentralized ChatGPT, aiming to provide an alternative to centralized AI models like OpenAI’s O1 and DeepSeek R1. Built on blockchain technology, it emphasizes privacy, ensuring users maintain full control over their data. Additionally, Kava AI is open-source, allowing transparency and accessibility for developers and users alike.
From a market perspective, Kava (KAVA) is currently priced at $0.4914, reflecting a 3.44% increase in the last 24 hours. It has a market capitalization of $532.13 million and a daily trading volume of $47.46 million, indicating strong liquidity. The asset is trading 3.20% above its 200-day simple moving average, suggesting a positive trend.
Kava AI delivers frontier-level intelligence.
It competes with OpenAI O1 & DeepSeek R1—without the centralization or surveillance.
Welcome to the future: https://t.co/vXpk8tgMYW pic.twitter.com/JFQpGuBTZ2
— Kava (@KAVA_CHAIN) February 12, 2025
2. Aleph Zero (AZERO)
Aleph Zero, a privacy-focused Layer 1 blockchain, continues to make progress in its decentralization efforts with the launch of Mainnet 14.0 Uqbar. This update marks a shift in network governance, as community validators are gradually assuming a more significant role in block finalization. The transition appears to be on track, with those holding reserved spots having already upgraded to the latest version.
The project is designed for high-speed transactions while maintaining strong security and data protection standards. Its adaptability is evident, with over 40 use cases currently under development across various industries.
💫 Mainnet 14.0 Uqbar is underway!
We're advancing toward decentralizing the Mainnet. Community validators taking over reserved spots in block finalization have successfully upgraded to the latest version.
🚨 All validators—now it's your turn! pic.twitter.com/EsH7VvFGCH
— Aleph Zero (@Aleph__Zero) January 29, 2025
Regarding market performance, Aleph Zero’s token (AZERO) is trading at $0.2504, with a market capitalization of approximately $66.82 million. The 24-hour trading volume has surged to $33.46 million, reflecting significant activity. The fully diluted valuation (FDV) stands at $84.22 million, with a total supply of 336.23 million AZERO tokens. Overall, Aleph Zero’s latest update demonstrates its commitment to decentralization and network enhancements.
3. Solaxy ($SOLX)
Solaxy ($SOLX) has gained attention in the crypto space, recently surpassing $19 million in its presale. As the first Layer-2 solution on Solana, it aims to address network congestion and scalability issues. This goal has attracted interest, especially in a market facing uncertainty.
Solana is known for its fast and low-cost transactions. However, it has experienced congestion during high-traffic token launches like $TRUMP and $MELANIA. These slowdowns have created challenges for DeFi users, NFT traders, and meme coin investors. Solaxy seeks to reduce these issues by processing some transactions off-chain and submitting them in batches to Solana’s Layer-1. This method helps prevent congestion, lowers fees, and improves network efficiency.
Another feature of Solaxy is its bridge to Ethereum. This allows liquidity to flow between the two networks, which could benefit Solana’s ecosystem. The crypto market remains volatile, but analysts expect a recovery in 2025. Institutional investments, such as Bitcoin held in treasuries and ETF approvals, suggest growing adoption.
Layer-2 tokens often move in sync with their Layer-1 networks. If Solana grows, SOLX could also rise. Some analysts predict a notable price increase post-listing, but market conditions will play a key role. Currently, SOLX is priced at $0.00163, with the next presale milestone at $20 million. Investors can buy through Solaxy’s website using a compatible wallet. Staking options offer up to 200% APY.
4. NEM (XEM)
NEM (XEM) is currently ranked 259 in the market, with a circulating supply of 8.99 billion tokens and a total market capitalization of approximately $178.37 million. The token’s value stands at $0.01981, reflecting a 1.38% increase over the past seven days.
In the last 24 hours, trading activity has surged, with a volume of $64.56 million—representing a significant 227.32% increase. The market’s liquidity, measured by the volume-to-market cap ratio, is at 35.76%, indicating active participation from traders.
Forecasts for February 2025 suggest a modest upward movement, with XEM’s price expected to rise by 1.11%, reaching an average value of $0.020223. Projections indicate potential price fluctuations between $0.019063 and $0.021926. If the trend holds, this could result in an estimated return on investment (ROI) of 9.63%.
5. AIOZ Network (AIOZ)
AIOZ Network (AIOZ) has shown notable growth over the past year, with its price rising by approximately 201%. This increase has positioned it ahead of 85% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. Currently, AIOZ is trading at $0.4457, reflecting a significant 222.72% gain over the last 12 months.
The project’s market capitalization is $515.52 million, and its 24-hour trading volume is $46.8 million, indicating strong liquidity. Its fully diluted valuation (FDV) matches the market cap, suggesting that the total supply of 1.15 billion tokens is fully accounted for in circulation. The token is held by approximately 53.31K addresses, showing a relatively broad distribution.
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AIOZ is also trading well above its 200-day simple moving average (SMA), currently 957.67% above the SMA value of $0.041955. This suggests a strong upward trend in price action. Additionally, its market performance remains favorable compared to its initial token sale price. Overall, AIOZ Network has demonstrated resilience and upward momentum. Its high liquidity and sustained growth indicate continued investor interest.
6. Enjin Coin (ENJ)
Enjin continues to stand out as a Web3 development platform. Recently, it enhanced automation in market listings for Etherscape.io account upgrades. The new system adjusts pricing based on coin value fluctuations and automatically mints additional tokens to meet demand.
As of now, ENJ is priced at $0.1212 and has a market capitalization of $218.93 million, reflecting a 5.98% increase. The 24-hour trading volume stands at $38.05 million, marking a 64.50% surge. The fully diluted valuation (FDV) reaches $226.98 million, with a total supply of 1.87 billion ENJ.
Technically, ENJ appears oversold, as indicated by the Relative Strength Index (RSI) below 30. This could signal a potential price rebound in the near term. Additionally, its high liquidity in relation to market capitalization suggests ease of trading.
Friendly Reminder, Enjineers 💜
All Enjin Governance and Staking participants have a shot at winning a Degen!
Check out this epic Degen in the hands of a well-deserving Enjineer 🙌🏻
Participate in Enjin Governance and Staking here: https://t.co/JupJLIAZwo https://t.co/om6m4vVbBX
— Enjin (@enjin) February 6, 2025
Projections suggest ENJ may experience a 2.83% increase, reaching an average price of $0.1247. Expected price movements range between $0.1119 and $0.1600, which could offer a potential return on investment (ROI) of 31.92% from current levels.
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