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Amanda Tuminelli, Chief Legal Officer of the DeFi Educational Fund, expressed optimism about the growing positive sentiment toward cryptocurrencies. Speaking on the Thinking Crypto podcast, she discussed the recent Congressional hearing on DeFi in the United States, noting that more individuals are starting to view the technology favorably.
Meanwhile, altcoins are showing signs of stabilization, forming a higher low pattern, which indicates a reduction in selling pressure. With major price floors now in place, altcoins appear to be entering a low-volume, range-bound trading phase. This development could signal the start of a gradual upward trend for 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 Cryptocurrencies to Buy Under 1 Dollar
Ondo Finance has experienced significant growth, with its tokenized treasuries now exceeding $2.2 billion. The partnership between Blast and The Graph marks an important advancement for decentralized data access within the Web3 space. Jupiter DEX has expanded through strategic acquisitions, including SolanaFM, a blockchain explorer, and Coinhall, a multichain trading platform.
Pepe Unchained ($PEPU) has secured $14.2 million in its presale, indicating rising interest in Pepe-themed digital assets. Meanwhile, TxSync’s collaboration with Cronos is advancing with deploying custom paymasters on the Cronos zkEVM Testnet. Bitcoin has posted a 5.5% gain over the past week, supported by a rate cut, while MicroStrategy continues to increase its holdings.
1. Ondo (ONDO)
Ondo Finance has grown notably, with its tokenized treasuries now valued at over $2.2 billion. As a decentralized finance (DeFi) platform, Ondo specializes in offering structured financial products and services. It leverages blockchain technology to streamline treasury management for organizations. Moreover, Ondo simplifies asset handling and transfers by converting traditional assets—such as cash and investments—into digital tokens.
Tokenized treasuries have seen considerable expansion, with Ondo Finance experiencing a significant 100% growth Year-to-date. This surge has increased the market size of tokenized assets from $770 million to $2.2 billion. Ondo Finance attributes this rise to its benefits, particularly lower transaction fees and improved asset returns through DeFi services.
Ondo Foundation will be transferring 345,842,736 locked investor tokens to a crypto custodian. These tokens remain subject to the Global Lock-Up. Ownership of these tokens remains unchanged. https://t.co/BuCWJcU5kp
— Ondo Foundation (@OndoFoundation) September 16, 2024
Ondo Finance trades at $0.68553, reflecting a 6.03% intraday rally. Meanwhile, technical indicators currently suggest a neutral market outlook. However, forecasts project that ONDO could trade between $0.674927 and $0.710814 in the coming days. Experts also predict the potential for a 5.32% increase, bringing the price to $0.710814 by September 22, 2024.
2. The Graph (GRT)
The integration of Blast with The Graph is a significant step for decentralized data access in Web3. Blast developers now benefit from The Graph’s decentralized network of Indexers, gaining fast and reliable access to blockchain data. This provides a promising solution for developers needing efficient data indexing.
The Graph has also seen its subgraphs increase to over 9,000, a 361% jump since early 2024. This growth reflects the rising demand for decentralized data solutions. The Graph introduced updates to streamline dApp development on Solana, thus further supporting developers. These upgrades allow Solana developers to index blockchain data faster without writing Rust code. This speeds up development and reduces costs, helping Solana’s growing Web3 ecosystem.
Blast 🤝 The Graph
Indexing rewards activated! @blast has successfully completed the Chain Integration Process!
Blast developers can now benefit from fast & reliable decentralized data powered by The Graph’s global network of Indexers.
Tag your favorite Blast dapp 🔽 pic.twitter.com/biN4uDdbRL
— The Graph (@graphprotocol) September 20, 2024
Meanwhile, GRT trades at $0.162822, showing a 5% rise in the last 24 hours. Over the past year, it has surged 85%, outperforming 58% of the top 100 cryptocurrencies. The Graph trades 37.97% above its 200-day simple moving average of $0.117455. With 15 green trading days in the past month, GRT shows strong liquidity and market presence.
3. Jupiter (JUP)
Jupiter DEX has recently made strategic acquisitions, including SolanaFM, a blockchain explorer, and Coinhall, a multichain trading terminal. These moves will enhance Jupiter’s data infrastructure and improve its decentralized exchange (DEX) services on Solana. Already a leading platform on the Solana network, with a trading volume exceeding $313 billion, Jupiter views this expansion as a critical step toward scaling its DEX capabilities.
SolanaFM, known for its user-friendly blockchain explorer and data indexing tools, is expected to complement Jupiter’s broader plans. At the same time, Coinhall’s multichain functionality will likely further strengthen Jupiter’s overall service offerings. In addition to these acquisitions, Jupiter has introduced Jupiter Mobile, eliminating platform fees. It also supports payments via Apple Pay, Google Pay, and credit cards, making the platform more accessible.
Solana is the best chain to build cool products & onboard users.
Today's upgrades represent our effort to make Solana a better chain for developers, users, traders, memecoin creators or community members.
Read on for a summary of our 5 key updates, live over the next few weeks pic.twitter.com/Q30hV28pqd
— Jupiter 🪐 (@JupiterExchange) September 20, 2024
Currently, Jupiter’s price stands at $0.834501, reflecting a 3.06% increase over the past 24 hours. Notably, the token is trading well above its 200-day simple moving average. This is supported by a bullish market trend, with 17 technical indicators suggesting positive momentum. Moreover, Jupiter has displayed strong liquidity, indicating steady growth in the market.
4. Pepe Unchained ($PEPU)
Pepe Unchained ($PEPU) has raised $14.2 million in its presale, reflecting growing interest in Pepe-themed cryptocurrencies. From $13.8 million on Thursday, the project raised an additional $400,000 within 24 hours. This increase was likely driven by renewed optimism in the crypto market after the Federal Reserve’s unexpected 50 basis point rate cut, which has supported digital asset prices since Wednesday.
Pepe Unchained, which operates its blockchain, has also introduced developer grants to encourage building on its Layer 2 ecosystem. This initiative has attracted more attention from investors and raised concerns for Pepe ($PEPE), its predecessor. The $PEPU token is currently priced at $0.00982 in the presale. However, the price will increase to $0.00983 in the next presale round, set to begin in less than a day.
Pepe Unchained’s roadmap outlines a phased growth strategy post-presale, with the potential for value appreciation as it reaches key milestones. The project combines technological development with careful planning to appeal to many investors, particularly those interested in meme coins. It also offers a staking option with a 146% annual percentage yield (APY), incentivizing holders seeking passive income.
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
The total supply of $PEPU is capped at 8 billion tokens, with 20% allocated to the presale and another 20% for marketing efforts. This distribution aims to create sustainable growth and build early momentum. Overall, Pepe Unchained seeks to carve out a place for itself in the growing meme coin market.
5. Cronos (CRO)
TxSync’s recent collaboration with Cronos is progressing with the launch of customized paymasters on the Cronos zkEVM Testnet. This integration brings TxSync’s paymaster-as-a-service, Tsuko, into the Cronos ecosystem, which could enhance the flexibility and accessibility of paymasters across ZK chains.
As of September 21, 2024, the price of Cronos (CRO) is $0.084944, reflecting a 0.80% rise in the last 24 hours and a 70% increase over the past year. The cryptocurrency has outperformed over half the top 100 crypto assets in this period,
Exciting partnership announced by two Cronos ecosystem heavyweights: @Misteryoncro holders can access special in-game benefits in Loaded Lions: Mane City! 🕹️ https://t.co/moLlfs5sFn
— Cronos (@cronos_chain) September 16, 2024
Moreover, it has witnessed 15 positive trading days out of the last 30. Despite recent gains, market sentiment remains neutral, with mixed technical indicators showing bullish signals.
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