Join Our Telegram channel to stay up to date on breaking news coverage
Bitcoin’s volatility has reached unprecedented levels in Japan, with the BTC-JPY pair overtaking BTC-USD in terms of 90-day realized volatility. This development signifies the first occurrence since 2022 in which BTC-JPY has shown greater volatility than its U.S. equivalent. Recent market conditions in Japan, particularly in the aftermath of last week’s general elections, have significantly contributed to this change.
The current projections suggest that altcoins may soon experience a rally, especially given the current market outlook. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.
5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar
As of now, Ethena’s ENA token is valued at $0.351879, representing a slight decline of 0.06% in the last 24 hours. In contrast, KAIA (Kaia) has shown strong performance among the recent listings on Binance, with a significant rise of 17.21%, bringing its price to $0.1471.
Meanwhile, Klaytn (KLAY) is trading at $0.132619, marking a 4.68% increase over the same period. Additionally, the aelf dAppChain has made substantial contributions to improving Web3 experiences on Telegram. In the broader market, Bitcoin has paused its upward momentum after nearing its all-time high.
1. Ethena (ENA)
Ethena is a synthetic dollar protocol built on Ethereum. It offers a crypto-native approach to a dollar-based asset that operates independently of the traditional banking system. Additionally, Ethena provides a globally accessible savings instrument called the “Internet Bond,” which is denominated in dollars.
Currently, the price of Ethena’s ENA token is $0.351879, showing a slight decrease of 0.06% over the past 24 hours. In terms of recent performance, ENA’s price has closed higher than it opened 50% in the past 30 days. This indicates moderate positive momentum along with strong liquidity relative to its market cap.
Looking ahead to November 2024, market trends suggest a potential shift, possibly driving ENA to a high of $1.229878. On the lower end, forecasts place it around $0.365039. Should the token trend toward the upper range, this would represent a potential 249.45% gain from today’s price.
Projections estimate ENA trading between $1.119788 and $1.708747 in December 2024. With an anticipated average of $1.437459, this growth would yield an approximate return of 385.52%, assuming ENA follows these predictions.
2. Kaia (KAIA)
Recently, KAIA (Kaia) has emerged as a strong performer among Binance’s new listings, experiencing a notable increase of 17.21%, bringing its price to $0.1471. This price movement reflects significant buying interest in the asset. Currently, KAIA holds a market capitalization of approximately $799.75 million, with a slight increase of 1.37%.
In terms of trading activity, the 24-hour volume reached $130.90 million, marking a substantial rise of 494.31%. The fully diluted valuation (FDV) is also around $799.63 million. The volume-to-market cap ratio stands at 17.68%. KAIA has a total supply of 5.86 billion tokens, with the entire supply currently in circulation.
Looking ahead to November 2024, market predictions indicate a possible upward trend for KAIA. Analysts forecast a potential increase in price to around $0.260664, with an expected range between $0.134377 and $0.444057. If investors buy KAIA at the current price and sell at the predicted levels, they could see a return on investment of approximately 225.08%.
Kaia Square v1.2 is here! Some cool updates we’ve rolled out to make your experience smoother and more intuitive.
A quick breakdown of what's new: 🧵⬇️ pic.twitter.com/iMr01ADxda
— Kaia (prev. Klaytn & Finschia) (@KaiaChain) November 1, 2024
By December 1, 2024, projections suggest a further price rise of about 219.20%, potentially reaching $0.428926. Current technical indicators suggest a bullish sentiment in the market, complemented by a Fear & Greed Index reading of 69, which indicates greed among investors. Over the past 30 days, KAIA has recorded three out of four days in the green, with notable price volatility.
3. Klaytn (KLAY)
Klaytn (KLAY) is currently priced at $0.132619, reflecting a 4.68% increase over the past 24 hours. The market sentiment towards KLAY appears neutral. Meanwhile, the Fear & Greed Index shows a score of 69, indicating a state of greed among investors.
Additionally, there have been 16 days in the last 30 where the closing price exceeded the opening price, accounting for approximately 53% of the days. Moreover, Klaytn is characterized by high liquidity based on its market capitalization.
Looking ahead to November, forecasts suggest a potential shift in market trends. The expected price may decline to around $0.130886. The anticipated trading range for this month lies between $0.129465 and $0.131909. These predictions are largely influenced by the performance observed last month.
4. aelf (ELF)
The aelf dAppChain has played a significant role in enhancing Web3 experiences on Telegram. It recently achieved a noteworthy milestone of over half a billion transactions recorded on aelfscan. Additionally, the platform has seen new records in swap volume across different chains and improved its transaction per second (TPS) rates, which facilitates better performance for decentralized applications (dApps). Furthermore, the incorporation of AI features has contributed to the overall efficiency of these applications.
As for the current market status, the price of aelf (ELF) stands at $0.358052, reflecting a modest increase of 0.75% over the past 24 hours. Notably, there have been 15 days in the last month where the closing price was above the opening price, indicating a stable performance during this period. The asset also demonstrates high liquidity based on its market capitalization.
🌊aelf Ventures Weekly News Highlight: 1 November 2024💡
1️⃣Coinbase Unveils 'Based Agent' Tool to Enable AI-Driven On-Chain Automation@coinbase developer Lincoln Murr introduces ‘Based Agent’, a tool enabling users to create an #AI agent linked to their crypto wallet in under… pic.twitter.com/sbw69x9VU6
— aelf (@aelfblockchain) November 1, 2024
Looking ahead to November 2024, forecasts suggest a possible price decline, with estimates predicting it may drop to around $0.321738. The anticipated trading range for the month is between $0.279569 and $0.364893, influenced by the previous month’s market activities. Investors considering buying ELF at its current price could see a return on investment (ROI) of 21.92% if they decide to sell at the projected rates.
5. FreeDum Fighters (DUM)
FreeDum Fighters is a new meme coin presale initiative that merges political satire with investment opportunities. Currently, the project has attracted significant attention, having raised over $383,000 in its ongoing presale. The narrative revolves around mechanized political figures such as “Kamacop” and “Magatron,” who engage in battles for control. This theme may resonate particularly well with politically conscious audiences, especially given the upcoming U.S. elections.
The presale offers an entry price starting at $0.00006 per token, which increases gradually through different stages. This tiered pricing structure allows early investors to purchase tokens at a lower rate, potentially increasing their returns if the token appreciates once it is listed on exchanges.
FreeDum Debate #1 🇺🇸
Prize: 10 Million $DUM distributed among the winning party.Statement:
MAGATRON's hair is the pinnacle of American engineering. Just like McDonald's is the pinnacle of American cuisine.MAGATRON is for this statement.
Kamacop 9000 is against it.Let the… pic.twitter.com/rYoQVnLRDa
— FreeDum Fighters (@Freedum_Fighter) October 30, 2024
A notable aspect of FreeDum Fighters is its staking option, which has seen over 6 billion DUM tokens staked. At the time of writing, participants can earn an annual percentage yield (APY) of up to 296.95%, depending on the character they choose to stake. While this return rate is appealing, it is important to acknowledge the risks involved, particularly due to market fluctuations.
In addition to financial incentives, FreeDum Fighters promotes community engagement through features such as weekly debates and token airdrops. These discussions provide participants with opportunities to earn extra tokens based on the outcomes, creating an interactive experience that fosters continued involvement.
Visit FreeDum Fighters Presale
Learn More
Most Searched Crypto Launch - Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards - pepeunchained.com
- $10+ Million Raised at ICO - Ends Soon
Join Our Telegram channel to stay up to date on breaking news coverage