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The nine recently approved spot Ethereum Exchange Traded Funds in the United States posted a net outflow of $152.3$ million in just 3 days of trading. This metric signifies a slight increase in outflow from the previous two days. Building on the previous two days’ surge, the spot Ethereum ETFs recorded a net outflow of $152 million with a cumulative trading volume of about $860 million.
Notably, this development has spilled into the general crypto market, leading to an increase in the value of some tokens. These tokens remain in the limelight through their continuous development and strategic partnerships. Their performance and technical excellence have played a significant part in why we have chosen them as the best cheap crypto to buy under 1 dollar today.
5 Best Cheap Crypto To Buy Under 1 Dollar
This analysis gives valuable insights to traders trying to evaluate the growth potential of different tokens. Several cryptocurrencies trading below 1 dollar, including Nervos Network, The Graph, and Chiliz, are currently experiencing upward trends, giving investors opportunities to enter the market.
Meanwhile, 99Bitcoins is getting ready to begin a push for its DEX listing, prompting investors to buy the token now before its price explodes upon launch. 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. The Graph (GRT)
Recently, TalentLayer successfully integrated its subgraph into The Graph Network to enhance decentralized access to on-chain data. TalentLayer is an innovative API and open protocol platform that serves as a bridge between several marketplaces. It also provides developers with the tools needed to build various applications, including AI-driven recumbent agent platforms and freelance platforms.
Despite the ripple effect of this development wearing off, the GRT has managed to hang on to a significant positive outlook. Although The Graph saw a portion of its value eroded in the prevailing bearish market, it maintained a favorable 15% uptick in the last seven days. This positive uptrend aligns with the predicted bullish sentiment and favorable RSI, which points to an overbought value.
Consequently, the Fear and Greed Index score has surged to 79, implying an increase in token activity. Also, a closer scrutiny of GRT’s market performance shows consistent growth since it was launched. Notably, The Graph token trades well above its 200-day simple moving average.
🆕 We're thrilled to announce significant updates to our Subgraph Analyzer!
Subgraphs once on the hosted service have now been upgraded to @graphprotocol's decentralized network, making them more robust & reliable than ever before.
Check it out ➡️ https://t.co/EgEnVeGz51… pic.twitter.com/U2SDyuAtjW
— DappLooker (@dapplooker) July 26, 2024
Meanwhile, investor sentiment remains bullish regarding The Graph’s price trajectory, supported by its trading above the 200-day simple moving average and substantial liquidity indicated by its market capitalization. GRT has demonstrated resilience, boasting a 24-hour surge of 1.5%, reaching $0.1997. These factors position The Graph as a compelling choice among cryptocurrencies for current investment.
Overall, The Graph token has displayed significant growth in the crypto market since its launch. The token has given early investors astronomical returns on investment by leveraging its strong community and unique strategy. According to analysts, the future outlook for The Graph token Is promising, given its solid performance and strategic integration within the crypto market.
2. 99Bitcoins (99BTC)
99Bitcoins is a groundbreaking Learn-to-Earn initiative that encourages cryptocurrency enthusiasts to deepen their knowledge, offering rewards to token holders. 99Bitcoins has also introduced gamification into Bitcoin education, enriching the learning process. Participants achieve higher rankings and earn $99BTC tokens by completing challenges and educational modules.
Furthermore, with a presale cap set at $10.3 million, there’s a strong incentive for investors to acquire discounted 99BTC tokens before prices rise. These tokens power the Learn-to-Earn platform, where users earn rewards for gaining knowledge about cryptocurrencies. As funding milestones are reached, the price of 99BTC will incrementally increase.
Moreover, the team initiated a giveaway on its platform, offering participants a chance to win free Bitcoin from a substantial $99,999 BTC prize pool, which attracted over 7,000 entries. Moreover, token holders engaged in the presale can enjoy additional benefits from holding 99Bitcoins tokens.
🔥 Our #Presale is nearly over! 🔥
Secure your $99BTC tokens now before the final price increase! 👀
The presale ends on the 6th of August at 2 PM UTC. Don’t miss out! 🗓️ #99Bitcoins #BTC #Crypto pic.twitter.com/ggU70617jT
— 99Bitcoins (@99BitcoinsHQ) July 23, 2024
Notably, $99BTC has raised over $2.5 million as of the time of writing. The token reached this milestone in a relatively short time, underscoring its promising prospect. Prospective investors still have the opportunity to get the tokens at the modest price of $0.00115 before the presales end by August 2.
3. Chiliz (CHZ)
The team behind the Chiliz project recently announced a collaboration with Azuro. This strategic partnership is meant to promote the adoption of on-chain sports prediction markets. Also, the alliance seeks to give users the tools to launch equitable and transparent prediction apps.
Furthermore, The project will enable users to show their support for their favorite teams and athletes from anywhere in the world. Likewise, the strategic partnership with SBI Holdings, catering to millions of users, suggests an optimistic prospect for Chiliz. This collaboration demonstrates SBI’s dedication to strengthening Japan’s entertainment and sports sectors.
Despite only posting a modest 1% increase in the last 24 hours, the token has managed to sustain a bullish Investor sentiment. Besides, Chiliz’s price trajectory has formed an interesting pattern on its 50-day Simple Moving Average. This positive pattern is supported by its trading above the 200-day simple moving average and an RSI that is propelling it out of the overbought zone.
BSC Young Boys migrate their entire NFT ecosystem to Chiliz Chain 🤝@BSC_YB NFT collections, including the widely popular Player Cards for the 21/22, 22/23, and 23/24 seasons, the Championship NFT 2023, and unique Museum Memorabilia, alongside the distinctive Ybees collection,… pic.twitter.com/hRmTAlAzkB
— Chiliz – The Sports Blockchain ⚽🏆 (@Chiliz) July 17, 2024
Meanwhile, the token demonstrates substantial liquidity, as evidenced by its robust market capitalization. Chiliz has demonstrated resilience, boasting a remarkable post-launch increase of 243.75% to reach $0.05939. These factors position Chiliz as a compelling choice among cryptocurrencies for current investment.
4. Nervos Network (CKB)
Nervos Network distinguishes itself as an innovative project that provides a platform that enables secure peer-to-peer activity for various blockchain applications. It empowers users with blockchain interoperability, advanced data storage solutions, asset issuance, smart contracts, and dApps. The CBK mainnet, which launched in November 2019, introduced a dual-layer architecture, further enhancing the network’s capabilities.
Furthermore, Messari recently published an in-depth analysis of the Nervos Network, highlighting its pivotal role in enhancing Bitcoin’s technological capabilities. The report emphasizes Nervos’s use of its Layer-1 blockchain and the RGB++ protocol to address scalability and programmability challenges within the Bitcoin ecosystem. By integrating RGB++, Nervos facilitates the deployment of smart contracts and asset issuance directly on Bitcoin’s blockchain, significantly expanding its functionality.
Meanwhile, the token employs a Proof-of-Work (PoW) consensus mechanism and supports the CKByte (CKB) cryptocurrency. This foundational layer ensures network security and efficient resource allocation. Meanwhile, the computation layer is responsible for executing transactions, running decentralized applications (dApps), and facilitating smart contracts.
Groundbreaking #Bitcoin L2 solution unveiled at #Ergoversary! UTXO Stack & @CKBEcoFund' RGB++ protocol brings native Turing-complete capabilities to BTC L1. A new era in blockchain interoperability! 🔗🚀https://t.co/78GfAUq6z6
— Ergo (@ergo_platform) July 3, 2024
CKB’s value is currently $0.01269, marking a significant 210.33% year-to-date surge and a 5% increase over the past week. The token demonstrates high liquidity, highlighted by its volume-to-market cap ratio. An RSI of 58 indicates potential sideways trading. However, investors remain optimistic that the token will maintain its stability as the month concludes.
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 $300,000 in its first week.
Meanwhile, investors benefit directly from the performance of these competing memes. As popular memes excel in competition, the demand for the token rises, increasing its price. This transparent link between meme success and token value offers a unique speculative opportunity.
The torch is lit and the games have begun! 🔥
Get ready for feats, fumbles, and unforgettable moments as the athletes chase #MemeGames glory! 🥇
Join the $MGMES presale now!
👉https://t.co/lbYNWg8QMZ#Olympics #Paris2024 #Presale #Crypto pic.twitter.com/XEFjaCltr8— The Meme Games (@MemeGames2024) July 26, 2024
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 $0.0091 before it increases in 4 days.
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