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The market is abuzz with anticipation as a primary token unlock event is scheduled to release $755 million worth of tokens in July 2024. This event is expected to significantly impact various tokens, leading investors to adjust their portfolios strategically. Oasis, Xai, Tron, and several others are among the best cheap altcoins to buy ahead of this significant event.
Therefore, investors remain determined to identify cost-effective entry points into the market. A growing number of people are uncovering promising investment opportunities by concentrating on affordable tokens. This article presents a curated selection of cryptocurrencies deserving of investors’ attention.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
This review offers essential insights for investors seeking to assess the growth potential of various tokens. Several tokens, such as Tron, Oasis, and Xai, are currently witnessing upward trends, presenting investors with opportunities to enter the market.
Meanwhile, 99Bitcoins prepares for the DEX launch following a successful presale, encouraging early investors to secure tokens at advantageous prices. This presale marks a notable achievement in both the crypto and education sectors. Investors interested in promising Learn-to-Earn tokens should consider adding $99BTC to their watchlist.
1. OASIS (ROSE)
Oasis was developed to meet two significant computing issues: privacy and scalability. The protocol allows developers to build dApps promoting data privacy on Oasis or other EVM-based chains. It accomplishes this by leveraging Sapphire, a resourceful platform that supports decentralized AI development and Web3.
Meanwhile, the project’s native token, ROSE, is a multi-utility token utilized for transactional purposes, staking, and delegation for validators. Token holders are entitled to participate in governance decisions on the platform. The platform’s multi-layered architecture expands its versatility, making it a perfect choice for a broad range of applications.
Furthermore, market sentiment around ROSE is notably favorable, as demonstrated by a Fear & Greed Index score of 70, which implies a predominant sense of greed among investors. Besides, the 14-day Relative Strength Index hovers above the 70 threadline, positioning the token firmly in an overbought region. This position also signifies that the token may undergo lateral movements soon.
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— Oasis (@OasisProtocol) July 21, 2024
Meanwhile, ROSE trades at $0.09402 today, indicating a modest increase of 1.79% in the past 24 hours. Despite this, the token has seen a 19.37% rise over the last month and an 80% YTD surge. Its considerable market cap ensures sufficient liquidity, and the rise in its trading activity shows dominant ongoing market interest.
2. Tron (TRX)
TRON is a remarkable platform that aims to decentralize the internet as we know it through its blockchain-based protocol. It strives to nurture a harmonized community of content creators and content consumers. The platform has been developed to simplify content creation and distribution systems, eliminating intermediaries while reducing the cost of content creation.
Furthermore, TRON is spearheaded by a group of innovative experts who have accomplished outstanding feats in the blockchain and Web3 industry. These experts have brought onboard their extensive experiences to create, expand, and sustain TRON’s utility. In its latest development, Tron has made significant development in the entertainment category of the decentralized internet.
Moreover, TRX has sustained a strong performance in the crypto market despite stiff competition. The token has displayed a steady rise of 1% in the last 24 hours and 13 8% over the past month to trade at $0.1345 while showing a substantial surge of 65.74% YTD, indicating its long-term value. The token is trading above its 200-day SMA, emphasizing increasing investor confidence and increased engagement across its network.
🧵 The #TRON network is a robust blockchain platform designed to decentralize the web.
We're diving into the @trondao data and stablecoins.
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— CryptoQuant.com (@cryptoquant_com) July 17, 2024
Overall, the growing adoption of decentralized applications (dApps) on the Tron platform is expected to promote greater demand for its tokens going forward. Considering Tron’s solid growth and upcoming developments in dApps, it continues to attract investors interested in the long-term prospects of blockchain innovation.
3. 99Bitcoins (99BTC)
99Bitcoins maintains its position among the best presale tokens due to its integrated staking strategy, offering a remarkable APY of over 688%. SolidProof has completed an extensive audit of the protocol, further strengthening investor’s confidence in the project. Additionally, the approval of spot ETH ETFs in the US has injected massive capital into the crypto market, increasing interest in standout tokens like 99BTC.
Besides, the project has successfully generated over $2.4 million at $0.00144 per token in its ongoing presale. It launches an innovative ‘Learn-to-Earn’ strategy developed to revolutionize crypto education. Instead of passive learning, users actively participate in courses featuring quizzes and interactive tutorials to earn 99BTC tokens, offering financial incentives for educational engagement.
BIG NEWS! 🚀
Our $99BTC #Presale has just surpassed $2.4 MILLION! 🎉
This is your opportunity to join early and be part of something big. 👀
Get in on the action now!
👉 https://t.co/NXD7DAamqr#99Bitcoins #Cryptocurrency #L2E pic.twitter.com/Asqy4JcG1P— 99Bitcoins (@99BitcoinsHQ) July 15, 2024
Meanwhile, the gamified Learn-to-Earn feature is only the starting point for the 99Bitcoins Token. Developers have revealed intentions to transition 99BTC from the ERC-20 chain to the BRC-20 chain, with plans focused on establishing a cross-chain bridge protocol for the project.
Moreover, this transition can potentially establish 99Bitcoins as a disruptive player in the crypto sphere, likely drawing considerable interest from Bitcoin maximalists. Adding to the presale excitement, the project’s $99,999 BTC airdrop campaign promises rewards for 99 early adopters, further enhancing engagement.
4. Xai (XAI)
Xai (XAI) has been making significant strides recently due to its high trading activity and considerable market capitalization. The token’s remarkable rise can be attributed to its unique features and the expanding support from its community. Currently, the token has been touted to be a high-growth asset within the altcoin sector, capturing the interest of both traders and analysts.
Recent market data indicates that XAI is gaining positive momentum despite fluctuations typical of a growing asset. The token’s historical highs and lows reflect a resilient market presence, and current trading activities show strong community and investor engagement. Projections for the token suggest it may smash the $2 price before 2024 ends. This forecast is fueled by the token’s swift market adoption rate and strategic developments around the token.
XAI is experiencing a positive market sentiment despite fluctuating market volatility. Currently, the token is trading at $0.3666, indicating a 15% increase in the last seven days. The nearest levels of support and resistance suggest it will soon grow further. Although XAI’s short-term indicators are neutral, its long-term development is remarkable.
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Xai’s future appears promising due to its robust market fundamentals and innovative approach. The token’s capacity to sustain and expand its market capitalization, along with strategic developments and active community engagement, demonstrates its long-term prospects. Nevertheless, market volatility and external economic factors could influence its growth trajectory.
5. The Meme Games (MGMES)
In the competitive cryptocurrency market, The Meme Games token has emerged as a unique investment opportunity for investors who join the early train. The project combines digital sports, meme culture, and financial potential in a bid to capture a large chunk of the crypto market. The platform features several memes competing against each other. Users support their favorite memes, similar to betting on sports teams.
A variety of memes, such as Doge, Pepe the Frog, Turbo, Dogwifhat, and Brett, compete in the meme Olympic games. These well-known memes bring their own fan bases and cultural significance to the competitions. Their performance in various events influences the token’s value, ensuring continuous engagement. The token demonstrates its potential as it raised almost $150,000 in its first 24 hours.
Meanwhile, investors benefit directly from the performance of these competing memes. As popular memes excel, the demand for the token rises, increasing its price. This transparent link between meme success and token value offers a unique speculative opportunity.
The token’s multi-chain compatibility further enhances its attractiveness as it operates on Ethereum, Binance Smart Chain, and Solana, ensuring secure and efficient transactions. Investing in The Meme Games token promises substantial financial gains. Early adopters can capitalize on its modest value of $0.00905 before it increases in 2 days.
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