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Investing in budget-friendly cryptocurrencies to leverage upcoming bullish trends can be smart. Lower-priced tokens often exhibit strong potential, offering investors accessible entry points into the market.
As such, Insidebitcoins regularly compiles a list of top affordable cryptocurrencies priced below one dollar for investors to consider. These tokens showcase solid use cases and potential that position them for a rally.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
Below is a curated selection of 5 digital assets priced under $1, tailored for investors looking for budget-friendly yet promising crypto options. These tokens represent potential game-changers for investors scouring the market for affordable altcoins with high potential. With altcoins in the green zone, Bitcoin ETFs have amassed $10 billion in assets under management (AUM). This comes in just one month following approval.
1. TRON (TRX)
TRON’s ecosystem continues to expand rapidly, surpassing 211 million total accounts globally. Despite its relatively low profile, TRX is showing significant growth potential. Tron was trading between 0.12 and 0.13 cents. However, recent weeks have seen TRX’s price surge above 0.1 cents, indicating potential for further increases. Transitioning to TRX’s current price trajectory, it’s evident that TRX is trading in bullish territory. As such, it is edging closer to the upper trendline around $0.13.
On this note, a breakthrough at this level could catalyze a significant rally. Recent price movements confirm an uptrend, suggesting favorable conditions for buyers and potential momentum in upcoming sessions. Moreover, TRX’s price is also above key Fibonacci levels, reinforcing its bullish outlook.
Furtheremore, TRON has demonstrated resilience, decisively recovering and reclaiming a bullish stance. Over recent weeks, it has consistently moved upwards, driven by demand and accumulation. With TRX’s price indicating a potential rally towards $0.13 and trading above significant moving averages, it further supports its bullish momentum.
🎉🎉🎉Congratulations!!! #TRON’s total accounts have reached 211,357,754, exceeding 211 million! #TRON ecosystem has developed rapidly and continues to make efforts to decentralize the web.
🥰Appreciation to all #TRONICS! pic.twitter.com/vKzOWxs9Kz
— TRONSCAN (@TRONSCAN_ORG) February 12, 2024
Transitioning to TRON’s performance over the past year, its bullish trend suggests the potential for new highs. TRX has gradually increased, with gains of 5.98% in the past week and the last month. In addition, it grew 14.52% in the past three months and showed a surge of 60.80% in the preceding six months. Year-to-date, TRX has risen by 15.35%, reflecting consistent growth.
2. Pyth Network (PYTH)
Since its recent listing on Binance, Pyth Network has gained over 11%. With the current upward trend, PYTH’s performance indicates bullish momentum will continue as investor interest grows. Meanwhile, PYTH maintains robust performance in the market scene. This indicates a strong market statement as the coin offers substantial returns to investors.
Over the past 30 days, Pyth Network has experienced 20 green days, signaling a consistent upward trend in its price movement. With high liquidity based on its market capitalization, PYTH is well-placed for potential returns.
The Pyth Network is excited to release its AUDIO/USD price feed$AUDIO is the native token of @audius, a fully decentralized music platform
The Pyth AUDIO/USD price feed is now available on more than 50 blockchains pic.twitter.com/P1tvjKw9di
— Pyth Network 🔮 (@PythNetwork) February 12, 2024
Moreover, market sentiment surrounding PYTH remains bullish. Similarly, the greed score of 70 reflects positivity, suggesting market activity and potential for continued price appreciation.
3. Nexo (NEXO)
The current sentiment surrounding Nexo’s price prediction appears bullish. This sentiment drives up trading activity as the Fear & Greed Index stands at 70. Today, Nexo trades at $0.961964, a 0.90% increase in the past 24 hours. As a result, the market cap has risen to $535,388,175, ranking at #109. Notably, the trading volume has surged by 44.91% to $3,486,984.
Analyzing Nexo’s performance, the price currently sits significantly higher by 85.99% from its cycle low. Over the past year, Nexo has experienced a notable price surge of 34%, outstriping 60% of the top 100 coins. Moreover, Nexo trades above its 200-day simple moving average, indicating positive momentum.
Comparing its current price to its token sale price, Nexo showcases a positive performance trajectory. In the last 30 days, Nexo has experienced 15 green days, accounting for 50% of the total days. This gain-filled period suggests consistent positive price movements for traders to capitalize on. Additionally, Nexo is trading near its cycle high, indicating potential upward momentum.
Welcoming @CelestiaOrg on Nexo!$TIA is available through the full suite of Nexo products:
⬆️ Native top-ups & trading
✅ Earn rates up to 9%
🌟 Credit lines from 0% APR
💳 Nexo Card spendingNot available in the U.K.
Get started: https://t.co/3SebBjv540 pic.twitter.com/pknRvfGl9l
— Nexo (@Nexo) February 7, 2024
Furthermore, Nexo is actively traded on Binance, contributing to its liquidity and accessibility for investors. Therefore, Nexo’s recent performance indicates positive price momentum and investor sentiment. This is supported by its trading patterns, volume surge, and outperformance compared to other crypto assets.
4. VeChain (VET)
Vechain has recently been on a wave of partnerships, significantly increasing its price. Notably, it has partnered with the Boston Consulting Group to integrate blockchain technology into the textile sector, aiming to drive sustainability transformations.
Similarly, VeChain has partnered with XCMG Group to address carbon footprint management in construction. This collaboration aims to facilitate more sustainable operations. Also, these partnerships represent significant steps towards achieving a circular economy and reducing greenhouse gas emissions.
Furthermore, VeChain users can now manage VET and VTHO tokens using Ledger hardware wallets. With this, the enhancement of security measures for portfolio management is emphasized. Therefore, this integration reflects VeChain’s dedication to user asset security.
VeChain is now available on Ledger Live!
Users can now manage $VET and $VTHO with a Ledger wallet. Ledger hardware wallets protect users' private keys through their bespoke devices, making it easy for VeFam to secure your portfolios and hard for hackers to make ill-gotten gains. pic.twitter.com/3Dyquy7jXj
— vechain (@vechainofficial) February 11, 2024
Added to these positive developments, the sentiment surrounding VeChain’s price prediction remains neutral, with holders projecting a bull. Nonetheless, the greed indicates a level of greed at 70, as buyers want to update their portfolio with the coin.
VeChain’s current trading position is 19.7% above the 200-day Simple Moving Average (SMA), suggesting a bullish trend. Moreover, with high liquidity supported by its market cap and Binance availability, VeChain continues to attract investor interest.
5. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix offers entry for investors seeking an ideal mining experience. Traditional mining barriers, such as high hardware costs and prevalent scams, vanish with the introduction of this innovative cloud mining platform. Gone are the days of high initial investments; Bitcoin Minetrix offers a low-cost entry point through its presale phase. There’s no minimum purchase requirement, democratizing accessibility for all, regardless of financial capabilities.
One of the standout features of Bitcoin Minetrix is its commitment to safety and security. Traditional cloud mining services necessitate cash deposits. In contrast, Bitcoin Minetrix operates on a decentralized model where users own tradable tokens. Therefore, this safeguards user interests and fosters transparency.
Moreover, the platform prioritizes user autonomy and flexibility, allowing for easy withdrawal and selling mined cryptocurrencies. This contrasts starkly with the rigid contracts and lack of refund options in traditional cloud mining setups.
Simplicity is key with Bitcoin Minetrix; traders can effortlessly purchase mining credits using cryptocurrencies like ETH, BNB, and USDT. Likewise, investors can use credit cards and stake their BTCMTX tokens to initiate mining. This streamlined approach eliminates the complexities associated with traditional cloud mining contracts.
Just 4 more days until Stage 25 of #BitcoinMinetrix comes to an end! ⏳
How are transactions selected to be included in a block for mining? pic.twitter.com/vchxgB3tT5
— Bitcoinminetrix (@bitcoinminetrix) February 11, 2024
Additionally, Bitcoin Minetrix distinguishes itself through its variable lock-in period, contingent upon staking activities. This contrasts with the fixed timeframes typically imposed by traditional cloud mining providers.
BTCMTX’s presale has gathered attention, with the amount raised hitting $10,708,211 out of $11,556,753. As Bitcoin Minetrix prepares to conclude Stage 25 of its journey, investors are encouraged to seize the opportunity before the impending price increase. With just a few days left, prospective investors can capitalize on the promising potential of the coin.
Visit Bitcoin Minetrix presale.
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