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The Chief Legal Officer (CLO) of the DeFi Educational Fund shared her optimism about the increasingly positive sentiment surrounding cryptocurrencies during an appearance on the Thinking Crypto podcast. She highlighted the recent U.S. Congressional hearing on DeFi, noting that more people are beginning to view the technology in a favorable light.
At the same time, altcoins exhibit signs of stabilization, forming a higher low pattern. This suggests a decrease in selling pressure. With key price floors established, altcoins seem to be entering a low-volume, range-bound trading period, which could indicate the beginning of a slow upward trend in the altcoin market. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar, which requires time and effort.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
JasmyCoin (JASMY) has seen notable price increases recently, currently trading at $0.022095 after a 5.58% rise in a single day. Pepe Unchained (PEPU) is attracting attention in the crypto space, especially following the success of its recent presale.
Hedera Hashgraph has become a founding premier member of the Linux Foundation’s new LF Decentralized Trust initiative. Wormhole (W) is valued at $0.243537, experiencing a 1.59% gain over the past 24 hours. Meanwhile, Harris has pledged to support the innovation of digital assets at a fundraising event in New York City.
1. JasmyCoin (JASMY)
JasmyCoin (JASMY) has been printing price rises lately, trading at $0.022095 following a 5.58% intraday rally. The token has surged by 496% year-to-date, outperforming 89% of the top 100 crypto assets. Currently, JASMY is trading 369.87% above its 200-day simple moving average (SMA) of $0.00469. This strong performance, combined with high liquidity relative to its market cap, highlights its growing presence in the market.
A key factor contributing to JASMY’s recent momentum is the overall bullish rally in the cryptocurrency market, driven by a recent Fed rate cut. This broader market trend has pushed JASMY to break free from a descending wedge pattern on the 1-day chart. The breakout took place around the $0.01979 level, triggering upward momentum, though traders were initially cautious, awaiting a daily close above $0.02150 due to a previous false breakout on September 14th.
JASMY, now trading above this level, has confirmed a potential for further upward movement. Immediate resistance levels stand at $0.02353 and $0.03186, suggesting a possible 44% upside from the current price if the positive trend continues. However, market participants remain watchful, recognizing both the opportunity and the need for continued momentum in the days ahead.
2. Pepe Unchained ($PEPU)
Pepe Unchained (PEPU) has been generating significant buzz in the crypto community, particularly due to its recent presale success. The project has already raised $14.7 million, positioning itself as a standout among early-stage cryptocurrencies. With plans to launch its blockchain, PEPU is being viewed by some as a potential meme coin breakout in 2024.
Pepe Unchained aims to introduce a Layer-2 chain specifically for meme coins. The team’s goal is to create a network that is 100 times faster than Ethereum and tailored to meme coin trading. Moreover, the network will feature tools like a block explorer and Ethereum bridging, enhancing its utility for meme coin creators and traders.
The price of PEPU tokens is $0.00983, which is expected to increase as the presale progresses. The project has allocated 40% of its total token supply to presale participants, with plans to use 10% for marketing initiatives. Furthermore, an additional 7.5% will be reserved for exchange liquidity once PEPU is listed on a decentralized exchange (DEX), which has fueled further excitement.
Another feature drawing attention is Pepe Unchained’s double staking protocol, which offers token holders returns estimated at 142% annually. As a result, the staking system has attracted significant interest, with over 1.1 billion PEPU staked by investors.
14M
Riding the L2 wave! Big thanks to the community for the continued support! We are growing so fast! pic.twitter.com/EjlPQLZxjm
— Pepe Unchained (@pepe_unchained) September 20, 2024
In addition, the project has launched a developer incentive program called “Frens with Benefits,” which aims to attract blockchain developers to contribute to its Layer-2 network. Notably, grants will be distributed by the “Pepe Council” starting in Q4 2024.
Pepe Unchained’s launch also coincides with favorable crypto market conditions. Recent interest rate cuts have boosted market optimism, which could benefit PEPU as it prepares for its DEX listing. This potentially aligns with a broader market upswing, further fueling interest in the project.
3. Hedera (HBAR)
Hedera Hashgraph has recently joined the Linux Foundation as a founding premier member of the new LF Decentralized Trust initiative. This collaboration aims to develop decentralized trust technologies. As part of its contribution, Hedera has provided its entire source code, including the Hashgraph consensus algorithm and related tools, to the project, which will be managed under a new initiative, Hiero.
At the time of writing, the price of Hedera Hashgraph’s token, HBAR, stands at $0.056931, reflecting a 3.57% increase over the last 24 hours. Over the past year, the price has seen a 14% rise. Market liquidity remains high, attributed to its strong market capitalization.
1/3 📢 @hedera is now a founding premier member of @linuxfoundation's new @lfdecentralized and has contributed its entire source code—including the hashgraph consensus algorithm and core services—as project Hiero. #OpenSource #HelloHiero
Read more: https://t.co/1I9qPoxF6C pic.twitter.com/MVjvbW3Fp0
— Hedera (@hedera) September 16, 2024
Short-term forecasts suggest some volatility. For the week of September 24, 2024, HBAR is expected to fluctuate between $0.056252 and $0.075129, with the possibility of a 33.56% price increase by the end of the week. However, a slight correction is predicted for the following week, with a potential decline of 10.23%, bringing the price to around $0.067445 by October 6, 2024.
4. Wormhole (W)
Wormhole (W) is currently valued at $0.243537, up 1.59% in the last 24 hours. Notably, the asset demonstrates strong liquidity relative to its market capitalization. According to technical data from September 23, 2024, the overall market sentiment remains neutral; however, 14 technical indicators signal bullish trends.
Wormhole is recognized as a leading interoperability platform that powers multichain applications across more than 30 blockchain networks. It provides developers access to liquidity and users, enabling diverse use cases such as decentralized finance (DeFi), NFTs, and governance.
💥 @SkyEcosystem (prev. MakerDAO) is taking $SKY, $USDS and $sUSDS multichain with Wormhole's NTT framework.
The @wormhole-powered multichain expansion brings Sky to @solana, while preserving native token functionality and unifying liquidity across chains.
Learn more below ⤵️ pic.twitter.com/ZUizEMwpvn
— Wormhole (@wormhole) September 20, 2024
Furthermore, trusted by teams like Circle and Uniswap, the platform has facilitated over $40 billion in transfers through more than 1 billion cross-chain messages. Thus, its role in supporting cross-chain communication and bridging different blockchain ecosystems continues to expand.
5. Notcoin (NOT)
The current price of Notcoin (NOT) is $0.007583, reflecting a slight increase of 0.24% over the last 24 hours. Notably, the coin has experienced 15 days with positive price movement out of the last 30 days, equating to 50% of the time.
This suggests moderate price stability, supported by strong liquidity relative to its market cap. Predictions indicate that the price of Notcoin may rise significantly by
Events that changed TON ecosystem forever pic.twitter.com/sAMdE2dIZ2
— Notcoin (@thenotcoin) September 22, 2024
October 23, 2024, with a projected increase of 227.15%, potentially reaching $0.024873. Short-term forecasts suggest smaller, more incremental growth. The price is expected to range between $0.007603 and $0.010598 for the upcoming week, with the upper limit marking a 39.40% increase by September 29, 2024.
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