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Despite the Bitcoin Halving and Ether ETF approval, the Fear/Greed score of the crypto market has plunged to 89, driven by low transaction rates. This decrease in activity has also caused a decrease in trading volumes. These events have prompted investors to revise their portfolios in response to the gloomy market outlook.
However, investors continue to seek cost-effective entry points into the market. Some investors have secured promising investment opportunities by primarily targeting affordable tokens. This article compiles a list of cryptocurrencies that investors should watch.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
This review provides valuable insights for investors trying to evaluate the growth potential of different tokens. Numerous tokens, including BitTorrent, eCash, Minu, and Shiba Inu, are currently experiencing upward trends, giving investors opportunities to enter the market.
Meanwhile, 99Bitcoins is gearing up for the DEX launch post-presale, urging early investors to secure tokens at favorable prices. This presale signifies a significant milestone in the crypto and education markets. Investors looking into promising Learn-to-Earn tokens can add $99BTC to their watchlist.
1. eCash (XEC)
eCash’s team released the Bitcoin ABC 0.29.6 upgrade in an announcement that sparked a massive price rally. This release brings several improvements to the node RPC interface. It also facilitates an improvement of the commands for some of them.
eCash trades at $0.00003121 today, posting a YTD gain of 54.39%. Despite its value slightly dipping by 0.3% in the past 24 hours, its bullish sentiment and 20/30 green days compensate for the downturn. Since its launch, the token also surged 15.25%, outperforming 72% of the top 100 crypto assets.
The token began initially as a fork of Bitcoin and Bitcoin Cash. It distinguishes itself as a token developed especially for electronic cash transactions. The primary goal of eCash is to enable a swift, secure, and confidential medium of exchange for universal transactions.
Building Never Stops! 👨🏻💻
📣 Bitcoin ABC 0.29.6 is here! 🚀
This release brings several improvements to the node RPC interface, facilitating the commands for some of them.$XEC #JustBuild🛠 https://t.co/vCNbOwZyuk
— eCash (@eCashOfficial) June 11, 2024
The current sentiment surrounding eCash’s value prediction is bullish, with a Fear & Greed Index reflecting a confidence level of 68. The token trades 50.28% above its 200-day Simple Moving Average of $0.00003064. This metric indicates that the token has room for significant growth in the coming days.
Meanwhile, analysts have predicted that eCash’s value will increase due to its latest upgrade, strengthening payment efficiency by curtailing transaction finality time. Moreover, potential collaborations with other networks could push the token’s price, with predictions indicating a price surge of $0.0001085 before 2024 ends.
2. Minu (MINU)
Minu has experienced a flurry of activities that has seen its trading volume surge by over 50% in the last 72 hours. The team created an Earn-Marketing Campaign for creators to post about Minu and earn $500. The campaign, which began today, has already seen over 100 entries.
Furthermore, Minu’s developers have also devised strategies to see the token reach a new ATH. They have integrated Minu with Ledger, enabling users to send, receive, and store their $MINU tokens in the biggest hardware wallet in the world.
The MINU token has displayed impressive price growth over the previous day and week. It surged by an impressive 85.05% from a week earlier and has grown by 27.60% in the last 24 hours. These metrics are noteworthy because MINU has recently struggled with a bullish trajectory.
MINU has exhibited bullish strength and rising capacity, holding above 20-day EMAs. It displays bullish sentiment with a MACD of 0.0000000150. It also posts an RSI below the 70 level yet, indicating that the MINU token faces minimal resistance, ensuring it will continue consolidating its gains.
Minu X Ledger Integration
🔥We are more than happy to announce that $MINU is now integrated with @Ledger 👀
👉You can now Send/Receive and Store your $MINU tokens in the biggest hardware wallet in the world!
*You are now able to find $MINU in Ledger Live app so you can send or… pic.twitter.com/RJoJNuSHUj
— Minu (@minu_coin) June 14, 2024
Its performance has improved significantly in the last month and week. The coin has experienced increased market value and trading volume over the previous 24 hours. MINU has shown signs of recovery and bullish strength, with the potential for a colossal surge.
At the time of writing, it has experienced a significant surge in the last 24 hours and is trading at $0.0000003782. If demand remains high, the asset price could reach $0.0000005. However, if it fails to stay above $0.00000043, it could decline to $0.00000025.
3. BitTorrent (New) (BTT)
BitTorrent is reputed to be the “largest decentralized P2P communications protocol” in the world. It recently underwent a significant upgrade when its team announced a reward halving for storage miners from 15 billion BTT to 7.5 billion BTT. This development, expected to kick off on June 25, 2024, aims to improve network efficiency and node performance.
The project aims to be an established peer-to-peer file platform in the crypto market. It functions as a decentralized P2P sharing and torrent platform that has become increasingly popular. This momentum has seen it post a 40% trading volume increase in the past 24 hours despite the general decline in market volume.
The native token, BTT, was launched on the TRON blockchain using the blockchain’s TRC-10 standard. However, the project has seen increased adoption since its acquisition by TRON. The acquisition has seen BitTorrent expand its use cases by developing several new tools. With a dedicated native cryptocurrency token, $BTT has continued to see widespread adoption since it was launched.
🦾DePINs revolutionize networks with blockchain#BTFS aligns by offering secure, decentralized storage and seamless integration. BTFS v3.0 enhances encryption and introduces Reward Halving for sustainable growth. https://t.co/rcl6jQr6iC pic.twitter.com/V9w6XRyA07
— BitTorrent (@BitTorrent) June 11, 2024
BitTorrent maintained a bullish outlook last week, demonstrated by a significant surge in buying pressure at $0.000008576. This momentum favors the bulls and may continue this week. However, a bearish activity may emerge if the recent Ether ETF spot approval fails to generate momentum.
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 $2.2 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.
🎉 Exciting milestone alert! 🎉
We have now raised over $2.2 MILLION in our $99BTC presale! 🚀
Secure your spot now before the #Presale price increases! 👀
Don’t miss out—get started today!
👉 https://t.co/NXD7DAamqr#99Bitcoins #BTC #Crypto #L2E pic.twitter.com/xQC6lg0euI— 99Bitcoins (@99BitcoinsHQ) June 17, 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. Shiba Inu (SHIB)
SHIB is a decentralized, community-centric token used by millions worldwide. Since its launch, the Ethereum-based SHIB token has become a worldwide phenomenon. It is accepted as a means of payment at hundreds of locations, either directly or through third-party intermediaries.
Shiba Inu (SHIB) has established itself as a strong competitor to Dogecoin, earning the nickname “Dogecoin Killer.” Its strategic initiatives and vibrant community have propelled SHIB into the spotlight. Recent developments, including ShibaSwap and various ecosystem projects, promise to enhance SHIB’s utility and value.
Despite a slight dip in SHIB’s value today, it traded 143% above the previous year. The token also posts a significant post-launch surge of over 1.3 million percent. Shiba Inu’s resilience is demonstrated by its liquidity, as evidenced by its market cap ratio. Moreover, its recent announcement that Dextool will support its flagship product, ShibaSwap, is set to ensure that its price keeps increasing in the coming days.
WOOF! @DEXToolsApp now supports #ShibaSwap. Unlock advanced #DeFi analytics for the #SHIBARMY pic.twitter.com/E25mHS6tzS
— ShibaSwapDEX (@ShibaSwapDEX) June 11, 2024
Despite its recent price decline, Shiba Inu remains one of the week’s top gainers. The token outperformed the prominent Bitcoin, Ethereum, AND Doge while also outshining AAVE and LINK. Also, it is well-positioned for significant growth with a dedicated following and an ambitious roadmap.
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