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Dogecoin surged by 150% last week, surpassing $0.40, generating a wave of excitement within the community. The rise coincided with the appearance of a “Golden Cross” on the Dogecoin chart.
This technical pattern is often seen as a precursor to significant price rallies, boosting optimism among investors. Analysts suggest that if Dogecoin closes the week above $0.18, it could follow a parabolic growth trend. Historically, similar signals have preceded substantial gains for Dogecoin. Meanwhile, other altcoins are printing price rises. This article compiles the best cheap crypto to buy now under 1 dollar.
5 Best Cheap Cryptos to Buy Now Under 1 Dollar
Ripple’s XRP saw significant gains yesterday, becoming the top performer among major cryptocurrencies by market capitalization. TRON (TRX) is priced at 0.176343, reflecting a 4.84% rise in the last 24 hours. Meanwhile, 1inch Network Token (1INCH) is valued at 0.280211, experiencing a 10.77% drop over the same period.
Mantle (MNT) is priced at 0.69286, marking a 12.09% decrease in the past 24 hours. Pepe Unchained has raised $27.5 million in its presale, making waves as a new meme coin. Bitcoin has resumed its upward movement, briefly hitting $90,000 during late afternoon trading.
1. XRP (XRP)
Ripple’s XRP showed notable gains yesterday, emerging as the leading gainer among top cryptocurrencies by market capitalization. It opened the day at around 0.61 and, in just a few hours, rose to 0.72. This movement marked an increase of nearly 18% over 24 hours. Additionally, its market capitalization surpassed 41 billion, with trading volume surging by 183%, indicating strong buyer interest.
One factor possibly influencing XRP’s momentum is what some have labeled the “Trump effect” in crypto markets. Following Donald Trump’s recent election victory over Kamala Harris on November 5, Bitcoin and other digital assets positively responded.
Welcome @allmight_US — uniting crypto talent in America.
HQ'd in Austin and kicking off with a VIP Social Mixer Tour this week.
Time to accelerate crypto leadership in the USA, together 🇺🇸 pic.twitter.com/ys9A4mJdzz
— Solana (@solana) November 11, 2024
This trend likely reflects market optimism toward a Republican administration, which could favor more crypto-friendly policies. In turn, this optimism may be supporting XRP’s performance.
2. TRON (TRX)
TRON (TRX) is priced at 0.176343, reflecting a 4.84% increase over the past 24 hours. This recent rise aligns with a bullish market sentiment. The Fear & Greed Index also stands at 84, indicating “Extreme Greed.” Over the past year, TRX has gained 65%, outperforming 51% of the top 100 cryptocurrencies.
TRX also trades above its 200-day simple moving average (SMA) of 0.14244, marking a 23.69% premium over this benchmark. It has shown stable performance, with 15 positive trading days in the past month. These factors suggest solid market liquidity and a positive trend.
1/ We've officially launched the TRON-Peg USD Coin on the TRON blockchain, opening new doors for cross-chain transactions and expanding our stablecoin ecosystem. pic.twitter.com/WtzZJWgQkq
— TRON DAO (@trondao) November 7, 2024
November forecasts indicate a potential price range for TRX between 0.153566 and 0.191116. For investors who buy now and sell at predicted higher prices, this could mean a potential gain of 8.64%.
3. 1inch Network (1INCH)
The 1inch Network Token (1INCH) is currently valued at 0.280211, showing a 10.77% decline in the past 24 hours. Despite this recent drop, market sentiment surrounding 1INCH remains moderately optimistic, though cautious. The current Fear & Greed Index stands at 84, suggesting a state of “Extreme Greed,” often indicative of strong investor confidence and heightened interest in the asset.
Looking back over the past month, 1INCH has had 16 out of 30 “green days” in which the daily closing price was higher than the daily opening price. This equates to about 53% of the time, which signals some stability in price action, supported by high liquidity when considering its market cap. The token’s price volatility over this period has been moderate, around 5.8%, reflecting a relatively stable market response.
https://x.com/1inch/status/1856330144576606350
Forecasts predict that 1INCH could increase in value by up to 230% over the next year, potentially reaching approximately 1.012 by December 12, 2024. Given this price projection, coupled with the token’s liquidity and consistent daily performance, 1INCH may appear as a potentially attractive investment for some investors.
4. Mantle (MNT)
Mantle (MNT) is currently valued at 0.69286, showing a 12.09% decrease over the past 24 hours. Despite this drop, the sentiment around MNT remains neutral. The Fear & Greed Index indicates strong optimism at a high level of 84, labeled as “Extreme Greed.” This sentiment reflects ongoing investor interest, suggesting market participants are still confident in the coin.
Over the past year, MNT has gained 52%. In the past 30 days, the token closed higher than its daily opening price on 15 days, or 50% of the time. This pattern hints at consistent upward momentum. MNT also benefits from high liquidity supported by a strong market capitalization. This could contribute to greater stability, making it an attractive option for some investors.
Welcome, Mantle DeFi Fest 🧪
Our multi-week campaign is now live, allowing you to get rewarded for exploring DeFi protocols on Mantle.
With a total prize pool of 1M $MNT up for grabs, here's what you need to know: pic.twitter.com/hyCe5qdmif
— Mantle (@0xMantle) November 12, 2024
Analysts forecast continued growth for November 2024, with MNT potentially reaching a price of 1.35772. Predictions for November suggest a trading range between 0.691 and 2.33, aligning with October’s performance and general market trends. If the token reaches the upper price target, investors could see a return on investment (ROI) of around 233.82% if bought at today’s price.
5. Pepe Unchained ($PEPU)
Pepe Unchained has quickly raised $27.5 million in its presale, making a significant impact as a new meme coin. This impressive growth can be attributed to attractive staking rewards, strong investor interest, and the development of a Layer 2 blockchain ecosystem.
The project offers staking with an annual percentage yield (APY) of 89%, although this rate is expected to decrease as more investors join the staking pool. The token is currently priced at $0.01269, generating buyers’ interest. Investors can purchase the token using Ethereum, Binance Coin, Tether, or bank cards.
Larger investors, or “whales,” are starting to play a more prominent role, as seen when one whale bought 4.6 million $PEPU tokens over the weekend, worth approximately $63,000. This trend comes as the cryptocurrency market rebounds, with Bitcoin surpassing $88,000. As a result, meme coins are gaining attention, and Pepe Unchained is benefiting from this increased interest.
Pepe Unchained stands out because of its unique approach to solving common issues in the meme coin space. The project operates on a Layer 2 blockchain, Pepe Chain, designed specifically for meme-based projects. Unlike Ethereum, which has issues such as high fees and slow transactions, Pepe Chain offers faster and cheaper transactions. This makes it more efficient for meme coin traders, who can respond to market changes more quickly and affordably.
Wow 27M!!!!!
The PEPU community support is incredible! Pepe has entered a complete zen state because of all the love. PEPU #1!! 🐸🐸💚💚 pic.twitter.com/G4A3yy1XxX
— Pepe Unchained (@pepe_unchained) November 11, 2024
In addition, Pepe Unchained features the “Pump Pad,” a platform that allows users to create their meme coins without coding knowledge. The Pump Pad includes built-in security to prevent liquidity manipulation, ensuring developers cannot remove liquidity from the platform. This feature offers peace of mind to investors while also allowing free trading, with no buy or sell tax, to encourage accessibility and protect users from malicious activities.
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