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The global payments giant Mastercard has launched a new Euro-based crypto debit card. This card lets users spend cryptocurrency directly from their self-custodial wallets at millions of merchants worldwide. This move signals the increasing adoption of cryptocurrency by major financial players. Banks, stock exchanges, credit card companies, and payment providers are actively integrating crypto into their services.
As such, it is no surprise that investors are flooding the market for digital asset ownership. With crypto adoption at a high, crypto-market entrants are searching for affordable portfolio additions, particularly assets under a dollar. Hence, this article curates the 5 best cheap cryptocurrencies to buy now under one dollar.
5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar
Gala Games has recently broadened its payment options through a partnership with Coinflow, allowing users to pay with Google Pay and Apple Pay on its platform. Meanwhile, integrated with Telegram, the $DOGS meme coin has gained momentum, securing listings on major cryptocurrency exchanges such as Bitunix.
Additionally, the Mega Dice token (DICE) draws attention as the market looks ahead to a potential altcoin season. On the other hand, Aptos has been leading the decline as overall crypto market weakness continues.
1. Gala (GALA)
Gala Games has recently expanded its payment options by collaborating with Coinflow and adding Google Pay and Apple Pay to its platform. This integration aims to enhance user accessibility by allowing them to use familiar and trusted payment methods within the Gala ecosystem. By incorporating these widely used tools, Gala Games hopes to improve how users manage and interact with digital assets on GalaChain.
Meanwhile, Gala’s market performance has slightly improved in the recent intraday session. The cryptocurrency has maintained the support of around $0.0148 following a positive intraday outing. Gala trades at $0.0177 following a modest rise of 0.26% over the past day. The price has seen a 10% increase over the past year despite the broader market downturn. Moreover, liquidity remains strong, which reflects investor interest in the token.
GALACoin is here 🔥 Tap for $GALA rewards 💪 @decryptmedia #GALACoin #GalaGameshttps://t.co/pVDyy0O9BN
— Gala Games (@GoGalaGames) September 3, 2024
Price predictions indicate potential growth, with the community sentiment remaining positive. Current forecasts suggest that GALA could reach $0.05896 by October 2024, representing a potential 231.20% increase. Short-term projections for the coming days also show possible gains, with incremental rises expected through September. However, GALA’s future performance will likely depend on broader market trends, including Bitcoin’s movement.
2. DOGS (DOGS)
The $DOGS meme coin, integrated with Telegram, has recently gained traction on major cryptocurrency exchanges, including Bitunix. Inspired by “Spotty,” a mascot created by Telegram founder Pavel Durov, $DOGS has seen a rise in popularity within the crypto space. Its tap-to-earn feature, where users can earn tokens through Telegram activity, has contributed to its growing user base. Over 8 million individuals have participated in its airdrop, which helped increase its Telegram community to over 16 million members.
Unlike many meme coins that rely on hype, $DOGS offers some functional use within Telegram. Built on the TON blockchain, most 550 billion tokens are allocated to active and long-term Telegram users. Specifically, 81.5% of the token supply is reserved for the community, with 73% targeted at Telegram’s most engaged users.
Additionally, Binance recently announced the introduction of a DOGSUSD Perpetual Contract on Binance Futures, allowing traders to leverage up to 20x. DOGS trades at $0.001052, reflecting a modest increase of 0.23% intraday increase.
Overall, $DOGS offers unique utility in the Telegram ecosystem, which may set it apart from other meme coins in the market. However, its future growth will depend on how effectively it engages its user base.
3. Mega Dice ($DICE)
The Mega Dice token (DICE) is gaining attention as the cryptocurrency market anticipates another altcoin season. The project has raised over $1.7 million in its presale phase, suggesting growing market attention. The token is priced at $0.116056, with the next price increase set for the next 10 days. This positions DICE among the best cheap cryptocurrencies to buy now under one dollar. Moreover, the presale will conclude in two weeks. As such, investors should capitalize on the current price before listing.
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— Mega Dice Casino (@megadice) September 3, 2024
Mega Dice targets gaming enthusiasts by offering several features to encourage participation in the blockchain space. One key aspect is the airdrop strategy, with plans to distribute $2.25 million across three seasons. Additionally, token holders can stake their tokens and earn daily rewards tied to the casino’s revenue. The platform also includes NFTs for VIP players and a 25% referral commission to incentivize user engagement.
Some analysts have compared Mega Dice to Rollbit, a crypto project on the Solana network. While the two have similarities, Mega Dice may present a unique opportunity in the market, though its potential remains to be seen.
In summary, Mega Dice introduces features to attract crypto and gaming communities. However, with the impending price hike and the closing of the presale, those interested should consider acting soon if they wish to participate.
4. Arbitrum (ARB)
Arbitrum is recognized for addressing Ethereum’s scalability challenges through optimistic rollups. This technique allows the platform to increase transaction speed and lower costs by transferring most of the computation and storage tasks to intermediary layers, reducing gas fees and accelerating Ethereum applications. Additionally, the Arbitrum DAO empowers ARB token holders to participate in governance, including protocol development and the selection of the Security Council.
As of today, the price of Arbitrum stands at $0.493835, reflecting a 0.60% decrease over the past 24 hours. Projections suggest a significant rise, with a 229.47% increase expected by October 2024, potentially reaching $1.649459. In the short term, the forecast indicates that ARB will trade within a range of $0.500645 to $0.562639 for the upcoming week.
THE FIRST NFT POWERED BY STYLUS IS COMING TO ARBITRUM ON SEPTEMBER 9TH
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— Arbitrum (💙,🧡) (@arbitrum) September 4, 2024
Additionally, there is an estimated 12.38% growth by September 9, 2024. This overview presents a cautiously optimistic outlook, considering long-term predictions and short-term trends. However, it is important to monitor the market for potential fluctuations.
5. Cardano (ADA)
Charles Hoskinson, the founder of Cardano, has opposed the proposal to burn over 1.5 billion ADA tokens from the network’s treasury, which are currently valued at approximately $500 million. This suggestion has gained attention from some community members following the recent introduction of decentralized governance in Cardano.
Hoskinson clarified that the treasury tokens are not preprinted but are generated through block production and transactions. He emphasized that burning these assets would harm Stake Pool Operators (SPOs) and ADA holders. According to Hoskinson, burning the tokens would remove resources from those actively contributing to the network’s growth.
His comments came after Cardano completed the first phase of the Chang hard fork on Sept. 1. This significant update introduced token-based governance, making Cardano the first layer-1 blockchain to implement such a system. As a result, the community has been exploring how to leverage its newly acquired governance powers, with some members advocating for the treasury burn as one possible approach.
𝗖𝗮𝗿𝗱𝗮𝗻𝗼'𝘀 𝗘𝗿𝗮 𝗼𝗳 𝗢𝗻-𝗖𝗵𝗮𝗶𝗻 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗶𝘀 𝗛𝗲𝗿𝗲!
In mere moments, the Chang Hard Fork will lay the groundwork for a self-sustaining, truly decentralized Cardano.
It's a milestone years in the making, and it's finally happening. We're saying…
— Cardano Community (@Cardano) September 1, 2024
Cardano trades at $0.325, reflecting a 1.47% intraday dip. However, the price has increased by 26% over the last year. Meanwhile, Cardano has posted 16/30 days of positive price outings.
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