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The cryptocurrency market has experienced an unexpected rise in the value of several tokens, recording notable gains. These tokens have captured increased attention from investors and shown substantial growth within 24 hours.
The recent price increases can be attributed to several factors, including growing bullish sentiment, higher trading activity, and critical support and resistance levels influencing market trends. 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
Mog Coin (MOG) is currently valued at 0.00002949, reflecting a 24.53% rise in the last 24 hours. Ethena (ENA) is priced at 0.61513, showing an 18.57% increase during the same period. Pepe Unchained ($PEPU) continues to attract significant attention, with its presale surpassing $40 million and averaging $1.6 million in daily contributions over the past week.
Meanwhile, KAIA has experienced steady growth following the introduction of Kaia’s D2I initiative. IoTeX (IOTX) is gaining traction as a modular infrastructure provider for decentralized physical infrastructure networks (DePIN). Bitcoin has reached a new all-time high in the broader market, nearing $95,000, as investors closely watch developments related to the Trump transition.
1. Mog Coin (MOG)
Mog Coin (MOG) is priced at 0.00002949, up 24.53% in the past 24 hours. Over the last year, its price has risen significantly by 13,287%. This performance has outpaced 96% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The coin is trading close to its all-time high, and its liquidity remains strong relative to its market capitalization. The market sentiment is bullish, supported by the Fear & Greed Index, which indicates “Extreme Greed” with a score of 94.
Forecasts for November 2024 suggest that MOG may continue its upward momentum. The price could reach 0.00005745, with a range of 0.00002882 to 0.00009902. If this projection is accurate, investors buying at the current price might see a return of approximately 234.70%.
By December 2024, MOG is predicted to trade between 0.00009694 and 0.0001379. The average price could stabilize around 0.0001198. Based on this estimate, investors may profit up to 366.09%, provided the coin performs as anticipated.
2. Ethena (ENA)
Ethena (ENA) is priced at 0.61513 and has seen an 18.57% increase in the past 24 hours. The market sentiment appears optimistic, with the Fear & Greed Index indicating a value of 94 (Extreme Greed). Over the past 30 days, ENA recorded 16 green days, meaning the daily closing price exceeded the opening price 53% of the time. The token also shows high liquidity to its market capitalization, which supports strong trading activity.
Projections for November 2024 suggest continued growth in ENA’s price. It is expected to reach a potential high of 1.182633, with a range estimated between 0.596687 and 2.03. Investors buying at current levels could achieve an ROI of 230.40% if the price reaches the upper limit. However, the actual performance will depend on market trends and broader economic conditions.
The Ethena Foundation is pleased to share that the @wintermute_t proposal to enable an $ENA fee switch has been approved by the Risk Committee
The Foundation will be working with the Risk Committee to crystallize parameters for fee switch activation by 30th November, with… https://t.co/S1sjgg1arL
— Ethena Labs (@ethena_labs) November 15, 2024
The forecast indicates that by December 2024, ENA could trade from 1.991013 to 2.83. The average predicted price is 2.46, representing a potential increase of 359.66% from current levels. If this prediction materializes, investors could earn substantial returns. However, market volatility and external factors may influence the outcome.
3. Pepe Unchained ($PEPU)
Pepe Unchained ($PEPU) has gained significant attention, surpassing $40 million in its presale and averaging $1.6 million in daily funding over the past week. Investor interest surged after announcing the presale’s end date and an upcoming tier-1 exchange listing, driving momentum and FOMO. Whale activity, including a recent $230,000 purchase, highlights growing confidence in the token’s potential. Currently priced at $0.01295 with a 68% APY, demand is expected to rise as the presale nears its conclusion in 21 days.
The token’s online visibility has also grown, surpassing tokens like Popcat in search volume, indicating strong retail interest. Many believe $PEPU could rival established meme coins like $PEPE. The project’s plan to launch a Layer 2 blockchain adds utility, potentially broadening its Appeal beyond speculative trading.
Anticipation is further fueled by the prospect of a tier-1 exchange listing, with speculation around platforms like Coinbase or Binance. Such listings often lead to significant price increases. For example, $PEPE’s Coinbase listing resulted in a 94% price jump. At the same time, smaller tokens like Moo Deng saw exponential growth after Binance listings.
The presale’s rapid funding progress signals strong confidence. Retail investors and whales have contributed significantly, with several six-figure purchases recorded recently. Early investors can still purchase $PEPU at presale prices through ETH, BNB, or card payments.
4. Kaia (KAIA)
KAIA has shown notable growth since the launch of Kaia’s D2I program. Partners have reported over 260,000 users onboarded and more than $710 million in swap volume. Additionally, the platform has processed 3.1 million transactions and achieved over $39 million in total value locked (TVL).
Kaia’s ecosystem is expanding with the onboarding of Avalon Labs as a new D2I program partner. This highlights continued collaboration and efforts to enhance its platform.
The current price of $KAIA is 0.161837, reflecting an increase of 12.13% in the past 24 hours. Sentiment remains bullish, with the Fear & Greed Index showing a high “Extreme Greed” level of 94. The token is trading near its all-time high. Furthermore, its 24-hour volume-to-market-cap ratio stands at 0.0482, indicating liquidity in proportion to its size.
Forecasts for November 2024 suggest the price may increase to 0.293593. The predicted price range lies between 0.148196 and 0.504738. If this trend holds, investors buying at current levels could achieve potential gains of up to 213%.
By December 2024, $KAIA could trade between 0.494185 and 0.702158. The average price prediction of 0.61013 represents a potential profit of 335.43% for those entering now. Kaia’s strong growth metrics and expansion through strategic partnerships indicate increasing adoption of its ecosystem.
5. IoTeX (IOTX)
IoTeX (IOTX) is a modular infrastructure provider in the decentralized physical infrastructure networks (DePIN). It offers a broad set of tools to build decentralized, composable, and interoperable projects. Unlike monolithic systems, IoTeX takes a flexible approach. It combines its in-house DePIN Infrastructure Modules (DIMs) and Public Goods with modules from third-party providers. Collaborations with platforms like Filecoin, Risc0, NearDA, and Espresso further enhance its ecosystem.
Currently, IOTX is priced at 0.042608, reflecting a 2.87% increase in the past 24 hours. Over the past year, it has grown by 68%. The token trades at 2.01% above the 200-day simple moving average (SMA), which stands at 0.041767. It has demonstrated consistent momentum, with 15 green days recorded in the last 30 days. Liquidity remains strong relative to its market capitalization, which supports stable trading activity.
IoTeX and @GEODNET_ are partnering for a first-of-its-kind DePIN use case! 🚗🆔
GEO-PULSE devices will use ioID & W3bstream for E2E verifiability via ZK-proofs and earn $GEOD + $IOTX for completing verified quests.
Read our new blog + highlights below 🧵https://t.co/GKjFf90Nt2— IoTeX (@iotex_io) November 21, 2024
Market sentiment for IOTX is currently bullish. The Fear & Greed Index shows an “Extreme Greed” level of 94, suggesting heightened investor interest and optimism. Projections for November suggest a possible price increase. The expected range lies between 0.039215 and 0.049493. Based on its current performance, IOTX could rise to 0.042755. Investors who buy now and sell at this level might achieve a potential return on investment (ROI) of 16.16%.
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