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The crypto market is approaching the Altcoin season. As such, investors are actively seeking tokens with the potential to capitalize on the impending upward trend. Investing in cheap coins is increasingly seen as a strategic move. These tokens often present promising opportunities and easy market entry.
In line with this, Insidebitcoins consistently updates investors with a curated list of the top affordable coins to purchase for under one Dollar.” These tokens are selected based on their strong use cases and potential for significant growth, positioning them for potential upswings in value.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
Affordable coins like Bitcoin Minetrix, TRON, Kaspa, and Storj are experiencing a surge in value as investor interest grows. As such, early investors stand to gain returns by capitalizing on these promising opportunities. Meanwhile, Coinbase’s shares have experienced a surge following announcing their first quarterly profit since Q4 of 2021.
1. Kaspa (KAS)
Kaspa’s highlights last year were filled with integrations and collaborations. As the Altcoin market nears its all-time high, Kas is stacking up more collaborations to expand its adoption further. On this note, KAS’ partnership with CryptoWalletcom, a new neo-bank, is gaining traction. This integration aims to make KAS more accessible. Hence, it allows users to easily buy, sell, store, swap, and spend crypto in one platform, similar to fiat transactions.
Meanwhile, there has been an increase in buying activity by whales (large-scale investors) in the Kaspa market. This indicates a strong belief in KAS’s future. Along these lines, Kapsa market sentiment is positive as green candlesticks dominate the charts. As such, KAS has had 16/30 days where the closing price was higher than the opening price, indicating a positive trend.
🎉New Wallet Integration for #Kaspa!$KAS is now available on @CryptoWalletcom!
"It's a revolutionary crypto neo-bank that aims to bring the same level of mass adoption as fiat. Buy, sell, store, swap and spend crypto all in one platform."Learn more: https://t.co/evoP6QjuRi… pic.twitter.com/i2U98mivKG
— Kaspa (@KaspaCurrency) February 5, 2024
Currently, Kaspa is trading well above its 200-day simple moving average, showing strong performance. Moreover, recent price movements confirm support at $0.14, pushing the token forward. On this note, experts forecast KAS to reach $1 soon, placing the coin as one to consider in the market.
2. Storj (STORJ)
STORJ is holding steady at a support level of $0.60, with indications pointing towards a potential surge to $1.5 in the near term. Moreover, market sentiment surrounding Storj is predominantly bullish, bolstered by a substantial increase in trading activity. This is evidenced by an extreme greed score of 76 as investors are stacking their portfolio with the STORJ token.
Over the past year, Storj has demonstrated impressive growth, bettering the performance of 71% of the top 100 coins. Also, it maintains a consistent upward trajectory, trading above the 200-day simple moving average.
The @Storj team is feeling energized through great new relationships we're building, coming out of CNXN Live 2024 this week. This year's CNXN Live theme of explore, expand, evolve is resonating! #CNXNLive2024 #partnership #WeSolveIT #CloudStorage 🌱🌍🚀 pic.twitter.com/a7MgMRE62T
— Storj (@storj) February 8, 2024
Therefore, analysts predict that further collaborations could propel STORJ’s price above $1.21 by 2024. Similarly, in the event of a sustained bullish trend, the coin’s average price is anticipated to hover around $1.09 by the same year.
3. Bitcoin Minetrix (BTCMTX)
Recent challenges in Bitcoin mining have brought to light the hurdles traders face, notably high hardware costs and prevalent scams. However, a potential solution has emerged as Bitcoin Minetrix, offering a reliable cloud mining platform accessible to miners.
Bitcoin Minetrix stands out with its low-cost entry point, making it accessible to many investors. The platform emphasizes safety and security by providing decentralized, user-owned tradable tokens. This innovative approach helps minimize risks typically associated with traditional mining methods.
With user-controlled operations and straightforward withdrawal and selling options, Bitcoin Minetrix simplifies investment. In addition, the BTCMTX token presale is currently underway, drawing significant interest from traders. Over $11 million has already been raised, indicating a substantial uptick in investor interest.
Only 4 days left until Stage 26 of #BitcoinMinetrix wraps up! 📆
How does the halving event affect #Bitcoin miners? 💰🛠️ pic.twitter.com/9yPgjvTiW4
— Bitcoinminetrix (@bitcoinminetrix) February 16, 2024
The current token price sits at $0.0135, suggesting potential value growth. Furthermore, the platform’s metrics indicate promising potential, with a total staked amount of 688,502,461 BTCMTX and estimated rewards of 61% APY.
With current rewards standing at 158.5 per ETH block, Bitcoin Minetrix offers a compelling investment opportunity to investors. The conclusion of Stage 26 is in just one day. Hence, now presents an opportunity for investors to consider adding BTCMTX tokens to their portfolios before the next price increase.
Visit Bitcoin Minetrix Presale
4. SATS (1000SATS)
The current high greed in the market has stirred attention towards 1000SATS. SATS is currently priced at $0.000520 with an intraday trading volume exceeding $544.17 million. With the recent green candlesticks experienced by the coin, it is slowly garnering market attention.
In addition, the Fear & Greed Index indicates extreme greed at 72, as SATS is on the radar of many traders. Therefore, experts foresee potential growth for SATS, citing its robust fundamentals and strong community support. Also, predictions of collaboration with other networks further fuel the project’s bullish sentiment. If such partnerships materialize, projections suggest the price of SATS could surge beyond $0.001665 by 2024.
However, amidst optimism, there’s also a note of caution. In a market downturn, SATS could see its value dip to as low as $0.001414 in 2024. Nonetheless, an average price of $0.001508 is anticipated for SATS by 2024 under current market conditions.
5. The Sandbox (SAND)
The virtual gaming sector is witnessing a surge in metaverse projects leveraging blockchain technology. These projects are reshaping interactions and asset ownership within games. Among these projects, The Sandbox stands out with its unique virtual experience.
Notably, The impending Altcoin season is rubbing off of Sandbox as Fear & Greed Index indicates Extreme Greed at 76. Consequently, this reflects investors’ keen interest in the SAND token. Moreover, SAND trades above its 200-day simple moving average, signaling positive momentum. Compared to the token sale price, its performance has been favorable, with 16 green days in the last month, representing 53% of the period.
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— The Sandbox (@TheSandboxGame) February 10, 2024
In addition, SAND boasts high liquidity based on its market cap. As such, analysts predict that if the Sandbox project announces collaborations with other networks, it could surpass $2.312 in value. However, experts anticipate the average SAND price to hover around $2.094 in a bullish crypto market scenario by 2024.
6. TRON (TRX)
TRON, led by founder Justin Sun, aims to reform the Bitcoin ecosystem. Along this line, Tron aims to decentralize and interconnect various token types by integrating Bitcoin Layer 2 solutions to achieve this. Notably, this integration with the Bitcoin network will include significant stablecoins like USDT and USDC.
Under Sun’s vision, this initiative is set to facilitate easy transactions and interactions between Tron’s asset portfolio and the Bitcoin network. It will leverage concepts such as Bitcoin Ordinals and Layer 2 solutions to achieve this goal. Ultimately, the aim is to expand the utility and reach of both blockchain systems. Meanwhile, news of this integration and the current positive market outlook have seen TRX northbound.
Get ready #TRONICS! 🚀@justinsuntron just dropped a HUGE roadmap for a #Bitcoin Layer Two solution on the TRON Network. This could be a game-changer for #TRONNetwork & #BTTC! 🔥
Check out the full article by @BTCTN for all the exciting details! 👇https://t.co/OeEVuFfVBx
— TRON DAO (@trondao) February 17, 2024
Hence, the Fear & Greed Index indicates 76 as investors are actively trading. Over the past year, TRON has demonstrated impressive performance, with a price increase of 102%. Notably, it has consistently traded above its 200-day simple moving average, indicating positive momentum. In the last 30 days, TRON has experienced 20 green days, accounting for 67% of the period. This showcases its resilience and positive trajectory. On this note, TRON positions itself as a must-watch for investors.
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