Join Our Telegram channel to stay up to date on breaking news coverage
Over the past 24 hours, market activities have pushed several markets into the search for digital assets. First, there is growing fanfare regarding approving spot ether ETFs in the US. In addition, Binance has fueled a potential Toncoin listing, which increased attention on the crypto market.
The search for the best cheap crypto trading below 1 cent has investors searching the market as the bull run of 2024 takes off. A few cryptos have distinguished themselves among the numerous choices by prospecting for a significant upswing. Today’s analysis highlights some cryptos under 1 dollar that analysts could offer considerable returns.
5 Best Cheap Crypto to Buy Now Under 1 Cent
JasmyCoin is experiencing an upward trend in the short term, trading at 129.98% above its 200-day Simple Moving Average. Moreover, Pepe’s impressive 16.6% surge in 24 hours signals a distinct shift in investor sentiment towards higher-risk assets.
Meanwhile, WienerAI recently surpassed the $2.6 million mark in its ongoing presale. Frontfanz has signed Daniel O’Reilly, a UK-based comedian with over 1 million followers across social media. Also, Efinity has announced securing over $18.9 million in a private sale to fund its growth.
1. Frontfanz (FANX)
FrontFanz is a Web3 subscription platform that offers cutting-edge livestream and video subscription features. It enables creators to sell their content online without banking intermediaries. It also allows users to anonymously subscribe to their favorite creators and earn $FANX tokens and NFT rewards for using the platform.
The project recently signed Daniel O’Reilly, a UK-based comedian with over 1 million followers across social media. As an advisor, DapperLaughs will help bring on new creators and advise on continually updating the platform to optimize fan engagement and bring innovative user experiences into Web3.
The current price of FrontFanz’s native token, FANX, stands at $0.005035, reflecting a 30% increase in the last seven days. Over the past year, the price has surged by 100%. This uptick indicates a strong market performance, with FANX outperforming the global cryptocurrency market.
Furthermore, FrontFanz’s robust trading activity is evident from its recent figures. Meanwhile, FANX tokens are available on both decentralized and centralized crypto exchanges. The most popular platform for trading FANX is Uniswap V3. Other popular exchanges for trading FANX include MEXC and Binance.
FrontFanz’s impressive market performance and increasing trading volume underscore the growing interest in its unique platform. By offering a seamless and secure environment for content creators and their audiences, FrontFanz is positioning itself as a significant player in the crypto ecosystem.
2. WienerAI (WAI)
WienerAI is a notable player in the cryptocurrency market, blending artificial intelligence with a cleverly packaged meme coin strategy to capture attention. The recent success of its presale, surpassing $2.4 million in investments from its dedicated “Sausage Army” following, shows its early market relevance.
Moreover, WienerAI is an Ethereum blockchain-compatible AI-driven trading bot that offers users what it terms an “unfair advantage” in crypto trading through advanced AI capabilities. Its primary feature, an AI-powered trading bot, operates autonomously, analyzing market data and executing trades based on predefined parameters.
This capability aims to give users impartial analyses of potential investment opportunities aligned with their goals. One of WienerAI’s attractive propositions is its staking protocol. This staking offers enticing annual percentage yields (APY) of approximately 69% for early participants.
WienerAI is in the news again!
As we move towards launch, expect to see us EVERYWHERE!
— WienerAI (@WienerDogAI) May 22, 2024
Over 2.5 billion WAI tokens are already staked, indicative of significant interest in the platform. During the presale phase, each WAI token is priced relatively cheap, with expectations of a price increase within a relatively short time frame.
Furthermore, WeinerAI operates actively in the market, including collaborations, likely part of a strategic initiative to expand its community and visibility. The project’s social media presence, characterized by substantial follower counts, signals a growing community. This indicates a positive sentiment and a promising trajectory for the project’s development and adoption in crypto.
3. Jasmy Coin (JASMY)
The Jasmy platform guarantees confidentiality and user data control. The token operates on a decentralized infrastructure, fostering security and trust. It leverages an innovative strategy that enhances market safety and reduces fraud, mainly through its utilization of IoT devices.
The initiative is an IoT-backed cryptocurrency project by Tokyo-based Jasmy Corporation. The project integrates IoT and blockchain to restore data sovereignty. It also securely connects service providers and users.
Furthermore, Jasmy uses cutting-edge computing technology and IPFS to centralize data management. It also utilizes several technologies to ensure security and ownership of data. The platform empowers users to manage personal data, promoting a trustless environment for data exchange.
In the last 30 days, 15 were positive, equating to 50%. It boasts a market cap of $1.07B, signaling substantial investor interest. Also, its impressive 24-hour volume reflects robust liquidity and trading activity.
JASMY trades at $0.02121, a 1.75% increase in the last 24 hours. Over the past year, the price surged by 365%, trading 360.93% above the 200-day SMA of $0.00469. The 14-day RSI is at 50.69, indicating a neutral stance, which suggests that the altcoin has growth potential.
4. Pepe (PEPE)
Pepe has recently experienced a surge in its price, reaching a value of $0.00001556. This upswing has sparked optimism among investors, with expectations of further growth. The token aims to achieve a market capitalization of over $6 billion, which seems more attainable with its recent performance.
The rise in Pepe’s value is partly due to the recent Ethereum ETF approval, which has seen investors shift their focus from Bitcoin to altcoins. Pepe’s success can also be attributed to its adoption and liquidity. With nearly $60 million in Wrapped Ether and over 223,000 holders facilitating approximately 2 million transfers, Pepe has demonstrated intense on-chain activity, positively impacting its price.
Learn about $PEPE, earn PEPE.
The #PEPE Learn & Earn program is now available for eligible customers on Robinhood Crypto. Deposit at least €20 to qualify – see full terms in-app.
Get started here: https://t.co/xeaZTlqmzq
— Robinhood Crypto EU (@RobinhoodCrypto) May 24, 2024
Over the past week, Pepe experienced a 53.65% price surge, reaching its new all-time high within 24 hours. Currently, it trades at 111.65% higher than its value last month; Pepe also reflects a 983.83% increase over the previous year.
As Pepe continues to trend upwards, it attracts more investors, a common occurrence when tokens reach all-time highs. This increased retail involvement further fuels interest and investment in the project.
5. Efinity (EFI)
Efinity, a next-generation NFT blockchain developed by Enjin on the Polkadot network, is making headlines with its recent developments and market performance. The platform had previously secured over $18.9 million in a private sale to fund its growth, marking a significant milestone.
While JumpNet ensures compatibility, Efinity focuses on scalability and accessibility, promising 700 to 1,000 free transactions per second (TPS). This innovation aims to make NFT transactions faster and more efficient. Additionally, Efinity introduces staking for Enjin Coin token users, offering rewards in EFI for staking ENJ. NFTs held in wallets will be auto-staked, providing passive income to their owners.
Efinity (EFI) is $0.0996, with a 24-hour trading volume of $560.19. It has seen a 5% price increase over the previous week. The token has also seen a 122.67% price increase over the past year.
In the last seven days, EFI’s price has risen by 15.20%, outperforming the global cryptocurrency market, which is up 7.60%. It also surpassed similar Ethereum Ecosystem cryptocurrencies, which are up 12.70%. Moreover, the trading volume of EFI surged in the last 24 hours, signaling increased market activity and investor interest.
These developments indicate confidence in Efinity’s potential to revolutionize the NFT space. As the platform continues to evolve, it offers both developers and users new opportunities to engage with NFTs in a more scalable and accessible manner.
Learn More
PlayDoge (PLAY) - Newest ICO On BNB Chain
- 2D Virtual Doge Pet
- Play To Earn Meme Coin Fusion
- Staking & In-Game Token Rewards
- SolidProof Audited - playdoge.io
Join Our Telegram channel to stay up to date on breaking news coverage
