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As the Bitcoin Halving approaches, the Fear/Greed score has surged to 89, driven by rising transaction rates. This increase in activity has also increased trading volumes. These events have prompted investors to revise their portfolios in response to the optimistic market outlook.
Moreover, investors continue to seek cost-effective entry points into the market. Some investors have secured promising investment opportunities by primarily targeting affordable tokens. However, identifying low-priced crypto with potential requires immense time and effort. This article compiles a list of cryptocurrencies priced under one cent that investors should watch.
6 Best Cheap Crypto to Buy Now Under 1 Cent
This review provides useful insights for investors trying to evaluate the growth potential of different tokens. Numerous tokens, including some priced below 1 cent, are currently experiencing upward trends, giving investors opportunities to enter the market.
Mega Dice is gearing up for the DEX launch post-presale, urging early investors to secure tokens at favorable prices. This presale signifies a major milestone in the crypto market and even the gaming niche. Investors looking into promising Gamble’s token can add $DICE to their watchlist.
1. Shiba Inu (SHIB)
Despite Shiba Inu’s market sentiment tending towards a bearish outlook, the coin’s Greed index reads 78. This index indicated that the coin could recover soon. However, this uptick depends on a bullish trigger, which could come sooner than anticipated. The anticipation hangs on the coin’s ability to outperform critical resistance levels.
However, Shiba Inu experienced an 8.92% increase in its intraday trading session. This increase brings the coin’s value to $0.02003. Alongside the surge, the trading volume has also experienced a boost of 18.41%, now at $602.19 million.
Meanwhile, Shiba Inu has demonstrated impressive performance year-to-date, with a growth of 147%. Additionally, SHIB is currently trading at an impressive 86.16% above its 200-day simple moving average of $0.00001483. This trend suggests strong market momentum and high liquidity based on its market cap.
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— Shib (@Shibtoken) April 21, 2024
Leveraging its large following, the coin is utilized for payment by several enterprises. This growth can be credited to its uniqueness and endorsements. It has received open endorsements from influential figures like Elon Musk and Vitalik Buterin. If potential triggers for bullish momentum set in, SHIB could see further highs soon.
2. Floki (FLOKI)
Floki shows signs of a price recovery, gaining 11.56% to trade at $0.0001677. The token’s price sentiment is currently bullish. It has prompted market participants to be optimistic about a continued upward movement. Meanwhile, the Fear & Greed Index confirms this projection, as its score of 76 signifies rising token transactions.
Similarly, Floki’s YTD performance has been remarkable, skyrocketing by 500%. The value increase indicates it outperformed 87% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token maintains its position above its 200-day SMA, suggesting a strong upward trend.
Additionally, Floki has shown high liquidity based on its market cap, infusing enthusiasm among investors. The token’s solidity is obvious, with 15 green days posted in the last 30 days, indicating a 50% success rate.
#Floki is showing strong momentum and looks primed for an explosive new week after an exciting #doge day Yesterday!$FLOKI is currently trending on X alongside #SHIB, USDT, Satoshi Nakamoto, and $BONK.
Are you ready for what the new week will bring for Floki? 👀 pic.twitter.com/r6vjgdWu5Z
— FLOKI (@RealFlokiInu) April 21, 2024
Coincodex predicts Floki will climb by 228.76% to reach $0.000644 by May 11, 2024. Analysts also estimate Floki could hit a potential high of $0.000929 next year. This prediction is based on historical price movements and BTC halving cycles. Floki Inu’s consistent performance and positive sentiment suggest promising prospects for investors seeking growth opportunities in the crypto market.
3. Pepe (PEPE)
The meme coin category is leading the crypto market in Q1 2024, delivering remarkable returns for investors. According to data from Coincodex, the market cap of leading meme coins has surged by 1,312.6% since the beginning of the year. Pepe, in particular, has experienced an astonishing increase of 12,984.23% over the past year, making a significant value leap in the meme rally.
Furthermore, Pepe is trading at $0.000005792, with a significant 24-hour increase of 7.32%. Additionally, the coin is trading 620.81% above its 200-day SMA, demonstrating strong market performance. It reflects high liquidity based on its market cap, providing investors with ample trading opportunities.
Moreover, technical indicators point towards a bullish sentiment. It posts a reading of extreme greed at 80 on the Fear & Greed Index. Coincodex’s forecast foresees a further uptrend for Pepe. It also predicts a potential increase of 229.86% with a projected price target of $0.00002569 by May.
https://twitter.com/pepecoineth/status/1781825276869333444
Meanwhile, Pepe recorded 14/30 days of green candle sticks. It reflects a 9.57% price volatility. Considering the bullish sentiment and positive market movements, analysts recommend Pepe as a promising coin.
4. Nervos Network (CBK)
Nervous Network’s market cap has surpassed 1 billion dollars this year. It has outperformed established cryptos like XRP and ADA. CBK’s 5.3X rise in price trajectory in 2024 has pushed its value to $0.02688. Analysts predict that Nervos could exceed its 52-week high of $0.025. It could considerably climb toward $0.044 in the upcoming bullish wave of April.
However, this price surge relies on two crucial factors: sustained demand for altcoins and favorable inflation reports. Discussions around potential federal interest rate cuts preceding the crypto halving are also anticipated to fuel investor sentiment further.
Furthermore, analysts are bullish on Nervos Network’s price prediction. The token has a Greed score reflecting extreme greed at 78. CKB is trading near its cycle high at $0.02003. The token benefits from high liquidity pushed by its considerable market cap.
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Also, on a year-to-date (YTD) basis, CKB has experienced a staggering 499% increase in price. This performance means it outperformed 86% of the top 100 crypto assets, including Bitcoin and Ethereum.
Additionally, Nervous Network trades 258.84% above its 200-day SMA. This SMA confirms its strong market performance. Analysts suggest a continued bullish sentiment, which will cause significant price growth.
5. Mega Dice (DICE)
Mega Dice is rapidly growing as one of the fastest-growing crypto casinos. It boasts over 50,000 active users and a monthly turnover of $50 million. With over 4,000 games and a sportsbook offering various options, users have plenty to enjoy.
Recently, they launched a presale for their token, $DICE, on the SOL blockchain. The presale quickly raised over $300,000 within hours. This strong demand is reflected in the current price, which is $0.069.
Furthermore, the token aims to reshape the platform by offering daily rewards to users based on casino performance. It utilizes numerous strategies to spark excitement and community engagement, including airdrops to $SOL whales. This approach has accelerated the presale’s pace. With a total supply of 420 million $DICE tokens, the presale allocation constitutes 35%, with additional allocations designated for various purposes.
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Mega Dice is gearing up for the DEX launch post-presale, urging early investors to secure tokens at favorable prices. This presale signifies a major milestone in the crypto market and even the gaming niche. Investors looking into promising Gamble’s token can add $DICE to their watchlist.
6. Bonk (BONK)
Bonk’s value dropped, following a descending triangle pattern, but the token shows signs of breaking out of this trend. Bonk trades at $0.00002066 today, indicating an 27.16% increase in the last 24 hours.
Despite its recent struggles, Bonk holds a market cap of $1,040,874 with a circulating supply of 75 trillion BONK. It is undergoing concentrated efforts to expand its ecosystem. The token focuses on three core pillars to solidify its position as the top community coin in Web3.
In the previous week, Bonk underperformed the global cryptocurrency market, down 6.90%. It also underperformed against similar Meme cryptocurrencies, which are up 0.90%. However, trading volume for Bonk saw a decrease of 44.30% in the past 24 hours, reaching $675,860.
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— BONK!!! (@bonk_inu) April 20, 2024
Various exchanges allow token trading, with Raydium being the most popular. The BONK/SOL pair has a trading volume of $27,253.71 over the previous day. Despite recent challenges, Bonk remains focused on its mission to grow and thrive within the crypto community.
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