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The crypto market experienced substantial fluctuations yesterday due to general bearish sentiment. BTC’s price has remained inconsistent since the halving event, which saw it reach $71,000 before trading below $60,000. Consequently, investors may want to wait for a clearer signal indicating conviction among buyers to lead the post-halving rally.
The search for the best cheap crypto trading below 1 dollar has investors searching the market as the expected bull run takes off. A few cryptos have distinguished themselves among the numerous choices by prospecting for a significant upswing. Today’s analysis highlights five cryptos under 1 dollar that analysts could offer considerable returns.
5 Best Cheap Crypto to Buy Now Under 1 Cent
The world of P2E gaming is growing, with millions flocking to platforms that reward gamers for their time and skills. Mythos is a project at the heart of this gaming revolution through its Mythical Games ecosystem. While its token’s price of $0.45 might seem modest, a closer look reveals a project brimming with potential, poised for a significant price surge.
This article will explore the factors that could influence Mythos’ price, from market trends to investor sentiment. We will also look at other low-priced cryptos like Brett, Wormhole, and Pepe. By the end of this analysis, you will have a clearer understanding of their prospects for 2024.
1. Mythos (MYTH)
Mythos is a project incorporating a comprehensive ecosystem to revolutionize the gaming experience. It aims to simplify, standardize, and democratize Web3 gaming by providing opportunities for users to participate and contribute within the ecosystem. MYTH, its utility token, was developed to be used within the Mythical Games ecosystem for players to buy, sell, and trade in-game items from various Mythical Games.
These utilities ensure that MYTH remains relevant while fostering a thriving digital economy. But MYTH’s utility goes beyond simple transactions. It empowers players through the Mythos DAO. The DAO participation grants them voting rights on crucial proposals that shape the ecosystem’s future.
Meanwhile, Mythos is in strategic partnerships with industry giants like Ubisoft and Warner Bros., lending significant credibility to the project. These collaborations allow Ubisoft and Warner Bros. to leverage the Mythical Games infrastructure.
Mythos has seen a moderate price increase of 5.63% in the last 24 hours to trade at $0.43. This price is higher than its ATL of 0.12 and is 45% higher than its YTD value. Current potential support lies around the $0.40 mark, with resistance emerging near the recent highs of $0.45.
Stellar article from @deantak on our recent groundbreaking @pudgypenguins announcement and the success of @PlayNFLRivals! #web3 #videogaming #EntertheMythos #BlockchainGames #MYTH https://t.co/oY1Y8CUbci
— Mythical Games (@playmythical) June 6, 2024
However, the position of the token’s moving averages shows that the 50-day MA is slightly above the 200-day MA. This metric indicates a potential short-term bullish trend. However, the lack of a significant gap between them suggests a period of consolidation might be on the fringe.
In summary, Mythos’ technical displays a bullish outlook. Its recent price increase and short-term moving averages further back up this bullish trend. Also, At its current price, MYTH presents a perfect entry opportunity for investors before it reaches the $1 mark.
2. Brett (BRETT)
The project team portrays BRETT as Pepe’s best friend on Base Chain. It is the biggest and most significant cultural icon on the Base Chain. It leverages Base’s rapidly expanding ecosystem, which has seen various projects and applications built on the platform.
BRETT was launched in February 2024 to portray a character in the “Boy’s Club” comic by Matt Furie. Its comical and relatable background has seen it ascend the ranks of Base tokens to emerge the top crypto analysts speculate that the token has the potential to surpass PEPE amid the expanding utility of the Base network.
The token displays strong growth, with the current price oscillating between $0.0541 and $0.1154 to post a 40% gain over the week. It is experiencing impulsive moves, with its RSI at 77.46 while its Stochastic at 91.10. These metrics indicate an overbought condition, and prices might rise to the nearest resistance level at $0.1527.
📢 New Asset Alert!$BRETT is now live on Uphold.
Meet @BasedBrett, Pepe's best friend and the new cultural icon of @Base Chain.
Dive into the world of memes and community-driven engagement with #BRETT!
Looking to learn more?
Start here: https://t.co/a4vE4rWaO0
— Uphold (@UpholdInc) June 6, 2024
Furthermore, BRETT has exploded 348% over the previous month and 310% YTD. Its recent rally has surpassed popular meme coins, including Book of Meme and MAGA. This explosion enabled the “Base-based” token to briefly edge BONK in the last 24 hours to become the sixth-largest meme coin by market capitalization.
3. Pepe (PEPE)
Pepe, renowned for its impressive returns since launch, is anticipated to continue its Impressive growth. The token is likely to erase another zero from its valuation. With market dynamics strongly favoring these coins, investors can expect substantial gains and a positive trajectory in the coming months.
The token has rallied dizzyingly, surging approximately 948% since its launch. The current explosion in the GME coin also proved crucial for PEPE’s development. Surprisingly, the surge in the GME token nudged Pepe to reach a new high value.
Furthermore, Pepe is predicted to leap by 200% in June. If this projection is accurate, the surge could enable Pepe to trade at $0.00005136, eliminating another zero from its price. Moreover, its 12x returns this year to its holders have piqued the intrigue of affluent investors.
#Binance has launched a new promotion with @pepe @pepecoineth!
Explore from thousands of merchants and claim up to 100 Million $PEPE when you send crypto via Binance Pay!
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— Binance (@binance) June 1, 2024
Meanwhile, the token trades at $0.00001221 today. Several bullish catalysts have also propelled PEPE’s ascent. Furthermore, the project recently burnt a massive 6.9 trillion tokens, about $6 million. This burn has seen the token surge in value and pique investors’ attention.
Furthermore, the Pepe team has implemented a strategic development to onboard a fresh cadre of consultants. The project has also set its sights on exploring partnerships and marketing opportunities. This forward-thinking approach gives investors the confidence that the token has a promising future.
4. 99Bitcoins (99BTC)
99Bitcoins continues to attract attention for its built-in staking protocol. It also offers a yield of 1,140% per year and has been fully audited by SolidProof. As the presale continues, the potential for 99Bitcoins looks promising. The approval of spot ETH ETFs in the US could drive capital into the crypto market, boosting demand for tokens like 99BTC.
Moreover, the project has raised over $2 million in its ongoing presale. Its innovative “Learn-to-Earn” strategy is aimed at transforming crypto education. Rather than passively absorbing content, users will engage with courses. These courses will include quizzes and interactive tutorials to earn 99BTC tokens, providing financial incentives for learning.
Meanwhile, the gamified Learn-to-Earn feature is just the beginning for 99Bitcoins Token. Its developers have announced plans to migrate 99BTC from the ERC-20 chain to the BRC-20 chain. This strategic move aims to create a cross-chain bridge protocol for the project.
🎉 BIG NEWS! 🎉
We’ve officially raised over $2 MILLION in our $99BTC #Presale! 🚀🔥
A massive THANK YOU! 🙌
Join the ultimate learning tool where you can earn while you learn.
Don’t miss out—get started today! 👉 https://t.co/NXD7DAamqr#99Bitcoins #BTC #Crypto #Learn2Earn pic.twitter.com/zpDn90jBM3
— 99Bitcoins (@99BitcoinsHQ) June 10, 2024
Furthermore, this transition could position 99Bitcoins as a disruptive force in crypto. It will also ensure it attracts significant attention from Bitcoin maximalists. The project’s $99,999 BTC airdrop campaign has also fueled presale excitement, with 99 early adopters set to share in the prize pool.
5. Wormhole (W)
Wormhole has seen notable growth recently, with its current price of $0.5429, marking a 3.35% increase in the last 24 hours. This positioned it among the top gainers in the market today. Over the past week, it has climbed by 7% before slightly retracting, demonstrating strong momentum.
Analysts anticipate further gains as the month ends, with a projected target of $0.79. This surge in value is attributed to Wormhole’s increasing adoption. The coin is available in SPL on Solana and ERC-20 format on Ethereum and EVM L2s.
This expansion has contributed to its enhanced liquidity, reflected by its market cap and ranking. Currently, Wormhole has announced some partnerships to expand its ecosystem. It aims to remain relevant by incorporating more utility and rewarding its holders.
Stake For Governance is now live for W token holders!
This is your opportunity to participate in the governance and impact the future direction of the Wormhole DAO and platform.
Get started now at the @tallyxyz Governance Portal: https://t.co/PrL3F8cE2C pic.twitter.com/XrVhMD991t
— Wormhole (@wormhole) June 6, 2024
Investors have displayed a positive sentiment about W. The Fear & Greed Index, which stands at 84 (Extreme Greed), suggests optimism in the market. Investors should consider adding the token to their watchlist in the coming days.
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