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Bitcoin (BTC) briefly reached the $97,000 mark in the last 24 hours, recording a 0.6% increase as it moves closer to the $100,000 milestone. This upward momentum has also positively impacted altcoins, with many continuing to show strong gains and maintain a bullish trajectory.
According to data from CoinMarketCap, Bitcoin is currently valued at $96,204.85, 3.3% below its all-time high of $99,655.50, achieved six days ago. In light of this positive outlook, 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
SPX6900 has attracted notable interest in the market, with current sentiment leaning strongly positive. Algorand has announced the launch of a new staking rewards program that will begin this December. Pepe Coin has delivered remarkable results over the past year, achieving a 1,793% increase in value.
The IOTA Foundation has introduced a bold proposal to revamp its blockchain architecture through a new system called the IOTA Rebased protocol. Pepe Unchained (PEPU), a meme-inspired token, recently hit a major milestone by raising over $50 million in its presale. Bitcoin experienced a significant uptick during Thanksgiving, highlighting the trend of increased cryptocurrency trading during holidays.
1. SPX6900 (SPX)
SPX6900 has gained significant attention in the market, with sentiment around the coin is currently bullish. The Fear & Greed Index stands at 78, signaling extreme greed. The coin has a circulating supply of 930.99 million tokens out of a maximum of 1 billion. It holds notable rankings across categories, including #42 among Ethereum (ERC20) tokens, #15 in meme coins, and #10 in Solana coins and tokens.
Over the past year, SPX6900’s price has increased by 10,240%. This performance has outpaced 96% of the top 100 crypto assets, including major players like Bitcoin and Ethereum. The coin also benefits from high liquidity relative to its market cap, currently valued at 604.37 million. Its 24-hour trading volume is 32.39 million, with a fully diluted valuation of 649.16 million. The trading volume-to-market cap ratio is 5.35%, highlighting healthy market activity.
break out the bitterballen… $SPX is now listed with @bitvavocom – the largest crypto European spot exchange globally.
the Europoors may use the metric system, but they understand 6900 > 500💹🧲#SPX6900 truly is the future of france pic.twitter.com/TRSHscGKXZ
— SPX6900💹🧲 (@spx6900) November 28, 2024
In December, SPX6900 is expected to trade between 2.21 and 2.32. The average price is anticipated to be around 2.26. If these projections materialize, investors could see an overall ROI of 254.89% compared to the current price.
2. Algorand (ALGO)
Algorand is introducing an innovative staking rewards program starting this December. Validators who help secure the Algorand blockchain will earn 10 ALGO per block they propose, plus 50% of the transaction fees.
The key innovation is the near-instant payout of these rewards. Unlike traditional staking setups that require lengthy waiting periods, Algorand’s rapid 2.8-second block times allow validators to receive earnings almost in real time.
Analyzing Algorand’s (ALGO) performance, the token is currently ranked #46 with a market cap of $3.11B. Over the past day, ALGO has surged 29.42%, with a 24-hour trading volume of $948.07M—representing 28.79% of its market cap. ALGO has a total supply of 10B tokens, with 8.29B in circulation.
GM.
Things we’re thankful for today on $ALGO this Thanksgiving 👇
🟢10,000+ TPS
🟢Instant Finality
🟢2.8s Block Time
🟢0 Downtime
🟢Quantum-Security
🟢Native Python
🟢Low Transaction Fees
🟢Atomic Swaps
🟢Real-World Utility
🟢Staking Rewards#AlgorandCan pic.twitter.com/LVAdJbKY6D— Algorand Foundation (@AlgoFoundation) November 28, 2024
This rewards program could drive greater decentralization and security for the Algorand network. The Algorand price chart shows relatively stable performance over the past year, suggesting the market may be waiting to see the impact on adoption and activity before re-pricing the asset.
Algorand’s innovative approach to staking rewards addresses long-standing pain points in the crypto space. By providing near-instant payouts, the project aims to offer validators a more seamless and rewarding experience, which could boost network participation.
3. Pepe (PEPE)
Pepe Coin has been a standout performer in the cryptocurrency markets, surging an impressive 1,793% over the past year. This has allowed the meme token to outpace 93% of the top 100 crypto assets during this period.
Pepe Coin is ranked #3 in the meme coin sector by market capitalization, underscoring its strong position in this niche of the crypto ecosystem. The token has a circulating supply of 420.69T PEPE out of a maximum supply of 420.69T PEPE and a current market cap of $8.46 billion.
Analysis of the Pepe Coin price chart reveals the token has been trading in a volatile but generally upward trend over the past 12 months. It has consistently maintained levels above its 200-day simple moving average, a technical indicator that suggests underlying bullish momentum.
In the past 24 hours, Pepe Coin has seen a price increase of 3.41% and a trading volume of $2.22 billion, which equates to 26.36% of its market capitalization. This high trading activity underscores the speculative frenzy surrounding the token. Overall, Pepe Coin’s remarkable price appreciation and strong market positioning within the meme coin sector have captured the attention of crypto enthusiasts.
4. IOTA (IOTA)
The IOTA Foundation has unveiled an ambitious proposal to overhaul its blockchain framework, called the IOTA Rebased protocol. This aims to establish a fully decentralized Layer 1 network with enhanced features like Move Virtual Machine, Ethereum Virtual Machine support, and revised tokenomics.
The key goals of this initiative are to improve IOTA’s decentralization, scalability, and overall functionality. By incorporating innovative technologies like MoveVM and EVM integration, the IOTA network could gain greater flexibility and usability for developers. Moreover, the revised tokenomics model also seeks to optimize the economic incentives and dynamics around the IOTA token.
Today we unveil IOTA Rebased 🌀🚀
The biggest upgrade in #IOTA's history to leapfrog us on our mission to bring the real world to Web3:
✅Parallelized MoveVM & EVM
✅Full decentralization
✅50k+ TPS & <500ms finality
✅10-15% $IOTA staking APY
More 🧵🔗👇https://t.co/k1r4EUzMzc pic.twitter.com/znrEZrrjS8— IOTA (@iota) November 18, 2024
IOTA’s current price is $0.2396, representing an 8.66% increase in the last 24 hours. Furthermore, the token’s market cap is $847.08M, with a 24-hour trading volume of $92.98M. IOTA is currently ranked #113 in the cryptocurrency market. Over the past year, the token has gained 1%, trading above its 200-day simple moving average of $0.191795.
5. Pepe Unchained ($PEPU)
Pepe Unchained (PEPU) is a meme-inspired cryptocurrency that recently surpassed $50 million in its presale. This milestone highlights the growing interest in its approach, which combines community-driven appeal with practical blockchain technology.
Unlike typical meme coins, PEPU is built on a Layer-2 blockchain to address high gas fees and slow transaction speeds. This focus on speed and cost-efficiency makes it particularly relevant in the volatile meme coin market, where timely transactions are crucial.
The project offers several features to enhance usability. These include a Block Explorer for tracking transactions, a Decentralized Exchange (DEX) for trading, a cross-chain bridge for transferring tokens, and advanced analytics to assist traders. Developers are incentivized to contribute to the ecosystem through its “Pepe Friends With Benefits” program. Additionally, Pepe’s Pump Pad simplifies meme coin creation, lowering the barrier to entry for new projects.
POV: Pepe is visualizing breaking his chains and getting swole doing it!
It's only a matter of time now.. 🐸⛓🧠 pic.twitter.com/KZSq5KDdn1
— Pepe Unchained (@pepe_unchained) November 24, 2024
The project has gained traction, with over 50,000 followers on X (formerly Twitter). Speculation about a potential listing on major exchanges, like Coinbase, has further increased its visibility. The presale draws nearly $1 million in daily investments, signaling growing investor confidence.
The Layer-2 blockchain will launch shortly after the presale, with audits by SolidProof and Coinsult confirming its security and scalability. Purchases can be made using ETH, BNB, or fiat-compatible methods, though a crypto wallet is required. By blending the iconic Pepe brand with practical applications, PEPU aims to carve a unique space in the meme coin market.
Learn More
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- Private Trading Alpha For $WEPE Army
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