Join Our Telegram channel to stay up to date on breaking news coverage
The crypto market showcases mixed market signals, with a 2.38% increase in market cap. In contrast, the trading volume has taken a 16% dip, suggesting investors are pushed to HODL given the impending Bitcoin Halving. This market outlook has resulted in a red-filled chart for altcoins, with traders focusing on acquiring Bitcoin.
Nonetheless, this opens up an opportunity to buy the dip for the historical Altcoin Season post-Halving. Several promising low-priced crypto assets offer investors cheap market entry. Therefore, InsideBitcoins has compiled several of the five tokens that best fit this description.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
This analysis offers traders valuable insights for evaluating the growth potential of different tokens. Several tokens priced below $1 are trending upward, indicating promising investment opportunities. Notably, 5thScape achieved a significant milestone during its Presale Stage 4 by securing an impressive $4.2 million in funding. However, Bitcoin experiences a decline following better-than-expected U.S. job growth in March.
1. Nervos Network (CKB)
Nervos Network’s market cap has broken the 1 billion Dollar, outpacing established contenders like ADA and XRP this year. Boasting an impressive 5.3X surge in its price trajectory for 2024, CKB is valued at $0.02688. Riding high on this bullish momentum, experts speculate that Nervos could soar past its 52-week high of $0.025, aiming for a remarkable climb toward $0.044 in the upcoming bullish wave of April.
Nonetheless, this price surge hinges on two crucial factors: sustained demand for altcoins and favorable inflation reports. Additionally, discussions around potential federal interest rate cuts preceding the crypto halving are anticipated to fuel investor sentiment further.
Analysts’ sentiment regarding Nervos Network’s price prediction is overwhelmingly bullish, with the Greed score signaling extreme greed at 78. Trading near its cycle high at $0.026949, Nervos enjoys high liquidity driven by its substantial market capitalization.
🤠 Saddle up for a Spaces exploring the brave new world of #Bitcoin Layer 2's! 🍰
Starring @RoochNetwork's @HaichaoZ and @RunningCKB's @matt_bitcoin ⭐https://t.co/THCGqOxs2x pic.twitter.com/akVLHbcgvp
— Nervos.bit (@NervosNetwork) April 3, 2024
On a YTD basis, CKB has experienced a staggering 499% increase in price. This performance means it outperformed 86% of the top 100 crypto assets, surpassing the performance of Bitcoin and Ethereum.
Moreover, Nervos Network trades at a remarkable 258.84% above its 200-day SMA, demonstrating robust market performance. In summary, Nervos Network stands poised for significant growth, with analysts projecting continued bullish trends supported by strong market fundamentals.
2. Dogecoin (DOGE)
Dogecoin has navigated the recent lows, surging forward with impressive market performance. DOGE is trading at $0.1945, printing a 5.72% increase in the last 24 hours. t has continued aligning with the trajectory over the past month, reflected in a surge of 27.84%.
DOGE’s surge in trading volume, which has spiked by 6.13% to reach $3.41 billion, has contributed to its value rise. This uptick suggests growing interest and activity in the DOGE market, potentially driving further price gains. In addition, DOGE’s open interest has soared by 9.35%, now at $1.58 billion. Major platforms like Binance, Bybit, and BingX hold significant portions of this interest, underlining widespread trader participation.
External factors like mainstream adoption, endorsements, and rising retail investor interest have also been pivotal in DOGE’s growing momentum. Dogecoin has built on its meme origin, garnering a devoted following and bolstering its appeal to the broader public.
In summary, Dogecoin’s recent surge in price, along with bullish metrics like trading volume and open interest, indicates renewed optimism in the meme coin. While sustainability remains uncertain, current trends provide DOGE holders room for returns.
3. Ankr Network (ANKR)
Since its launch, Ankr has solidified its position as a premier node operator, spotlighting its reliability across major networks. Ensuring secure and stable blockchain ecosystems hinges on dependable node operation, a cornerstone Ankr has masterfully embraced.
With its robust global node infrastructure, Ankr spearheads enhanced performance. It has bolstered Web3’s security and scalability, thus catalyzing industry growth and adoption. Ankr Network trades at $0.064870, marking an 11.96% intraday rally. Meanwhile, its price has seen a commendable 83% uptick, reflecting investor confidence.
Trading activity indicates a positive trend, with Ankr Network consistently surpassing the 200-day SMA, currently at 119.03%. Moreover, the recent sentiment surrounding price predictions leans bullish. This coincides with a Fear & Greed Index reading of 78, indicating extreme greed among investors.
Furthermore, Ankr Network has seen 15/30 days of green candle sticks, signifying a 50% positive trend. Additionally, the project enjoys high liquidity due to its substantial market capitalization. This favorable performance underscores Ankr’s value proposition and pivotal role in fortifying blockchain infrastructure.
4. 5th Scape (5SCAPE)
With $4,207,350 million raised in 5th Scape’s ongoing Presale, Stage 4 highlights robust investor interest in the project’s potential. Each 5SCAPE Coin is set to be priced at $0.01, offering early investors a substantial 250% return, given the current presale price of $0.00285. 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. Overall, the success of 5th Scape’s presale reflects a growing recognition of the potential value of virtual reality gaming platforms.
🚀 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
The project seeks to offer heightened experiences with the VR Ultra headset. Featuring high-res visuals, ergonomic comfort, and precise motion tracking, it transforms virtual reality. Whether gaming, exploring, or learning, the VR Ultra offers unmatched immersion and versatility for an extraordinary journey.
5. Jasmy (JASMY)
JasmyCoin is attracting significant attention with its steady price climb in April. News of the Bitcoin Halving is a propelling factor as JASMY trades at $0.020362 after a 6.89% increase in the last 24 hours. Meanwhile, investors are bullish on the coin with its Greed score of 78, signaling growing coin transactions.
Moreover, JASMY’s market growth over the past year saw it print a 277% increase, offering gains to early investors. Impressively, it has outperformed 76% of the top 100 assets, including Bitcoin and Ethereum. Jasmy trades 332.26% higher than the 200-day SMA, which is $0.004690.
Meanwhile, it has witnessed 15 green days in the last 30 days, solidified by its high liquidity based on market cap. Given these robust fundamentals, JasmyCoin possesses the potential to achieve increased market growth.
We're doing a roadmap AMA for #Jasmy in the community🚀🚀
Joinhttps://t.co/VKnA2zlr6M#AMA $Jasmy #roadmap
— Jasmy-MGT (@JasmyMGT) March 27, 2024
Therefore, analysts predict that if JasmyCoin announces collaborations with other networks, its price could surpass $0.0192 by 2024. In a bullish market scenario, the average price will stabilize around $0.0174 by the same year. However, in a market downturn, the minimum value could plummet to $0.0163 in 2024.
Read More
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
