6 Best Cheap Crypto to Buy Now Under 1 Dollar in October 2023

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These best cheap crypto to buy now for under 1 dollar offer investors the chance to add budget-friendly tokens to their portfolio.

In the latest market data, the global cryptocurrency market cap stands at $1.25 trillion, indicating a 7.44% increase over the last 24 hours. This development signifies a noteworthy uptick in the overall valuation of the cryptocurrency market.

Over the same period, the total trading volume in the cryptocurrency market has surged to $82.58 billion, marking an impressive 143.90% increase. This heightened trading activity points toward increased engagement and transactions within the cryptocurrency space.

6 Best Cheap Crypto to Buy Now Under 1 Dollar

Furthermore, stablecoins have witnessed a substantial volume of $73.97 billion within the same 24-hour timeframe. Thus representing 89.58% of the total cryptocurrency market 24-hour trading volume. This dominance of stablecoins in trading activities underscores their significance in preserving value and facilitating transactions within the volatile cryptocurrency market.

1. Conflux (CFX)

Conflux (CFX) is a publicly available layer-1 blockchain that primarily supports decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. It sets itself apart by prioritizing scalability, decentralization, and security compared to existing blockchain protocols.

A key focus for Conflux is streamlining the transfer of valuable assets. The platform is engineered to facilitate fast, congestion-free transactions with minimal associated costs. Hence making it an attractive option for users seeking efficient asset transfers.

Conflux (CFX) has been drawing attention as a cryptocurrency with potential. Regarding price predictions, Conflux is expected to grow significantly in the coming year.

Experts anticipate a maximum price of approximately $0.82, particularly as the broader cryptocurrency market begins to regain its value. Furthermore, the average price projection for CFX by 2023 is around $0.72. However, a bearish trend could result in a minimum expected price of approximately $0.63.

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We're excited to support digital and virtual asset initiatives in RAK and are eager to leverage… pic.twitter.com/qwtpO5Xi6T

— Conflux Network Official (@Conflux_Network) October 23, 2023

As of the latest live data, Conflux is valued at $0.136068, with a 24-hour trading volume of $59,509,203. Moreover, Conflux has shown a notable increase of 22.58% over the past 24 hours. It holds the 75th position in the CoinMarketCap ranking, boasting a live market capitalization of $457,375,649. In addition, the circulating supply of CFX coins stands at approximately 3,361,370,490.

2. Dogecoin (DOGE)

Dogecoin (DOGE) has seen an upswing recently, with its price showing a 6.92% intraday increase. This surge has reignited discussions about the potential future of DOGE. As such, investors speculate that the current rally may extend until the end of the year.

Dogecoin is trading at $0.064, breaking above the 50-day EMA on the daily chart for the first time since mid-August. Over the past 24 hours, trading volumes have surged by 251%, reaching $758,989,660. Thus indicating a growing interest in the coin.

The surge in DOGE’s price aligns with a broader resurgence in the cryptocurrency sector, characterized by Bitcoin’s reduced volatility and gains in various altcoins. DOGE appears to have benefited from this renewed optimism, as it has recorded four consecutive days of bullish closes.

It’s important to note that the DOGE Fear & Greed Index, a widely used metric for assessing investor sentiment, is currently in “Positive” territory regarding its price score. This could potentially set the stage for further price gains.

However, it’s crucial to recognize that DOGE is approaching a critical resistance level at $0.068, which it notably failed to breach on August 29. The ability to surpass this level could be a pivotal moment for the coin. A failure to do so might trigger a bearish retracement.

3. yPredict (YPRED)

yPredict’s YPRED token has been gaining attention as an AI utility coin in the cryptocurrency market. The platform offers a range of AI applications, providing various use cases for its users. The token holders are also incentivized with attractive staking rewards and discounts on yPredict’s tools, encouraging them to maintain their investments.

We are thrilled to share that our crypto presale for @yPredict has already raised over $4.3 million! 🚀💰 What makes our platform truly unique is how we fuse traditional statistical forecasting models like ARIMA with cutting-edge AI and machine learning techniques. 📈🤖 This… pic.twitter.com/33MSlGsriB

— yPredict.ai (@yPredict_ai) October 21, 2023

In the public presale, yPredict successfully raised over $4.4 million from investors worldwide who are interested in getting an early stake in what is seen as a promising AI-driven Web3 ecosystem in the crypto industry. YPRED has made 80% of its total token supply, 100 million YPRED tokens, available to potential buyers.

Holders of YPRED tokens stand to benefit from staking rewards of up to 45% every quarter, substantial discounts on yPredict’s AI tools, and lifetime free access to the platform’s crypto price prediction system.

yPredict’s presale is in its seventh stage, with YPRED tokens priced at $0.1 each. If the presale reaches $4.58 million, the token price will increase to $0.11. Furthermore, the token is expected to be priced at $0.12 upon listing on crypto exchanges, potentially resulting in a 20% gain for early presale participants.

4. Bitget Token (BGB)

Bitget recently published its Q3 2023 financial report, providing valuable insights into the platform’s performance during this period. In Q3 2023, Bitget achieved notable milestones despite the overall decrease in trading volumes on centralized exchanges (CEXs).

The report highlighted a 22% reduction in spot trading volume and a 23% drop in derivative trading volume on CEXs. Nonetheless, Bitget increased its market share by 9.43%, demonstrating resilience in the face of industry-wide declines.

Bitget’s native token, BGB, has been on a recent rally. The BGB token reached the top 5 among CEX tokens by market capitalization thanks to an impressive year-to-date price growth of 300%. This exceptional growth likely contributed to Bitget surpassing 350,000 BGB token holders in Q3.

Furthermore, BGB’s trading volume exceeded $1.3 billion, underscoring its popularity among traders on the Bitget platform. This growth in trading volume is a notable indicator of Bitget’s ability to attract and retain a substantial user base.

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— Bitget (@bitgetglobal) October 24, 2023

In terms of expansion, Bitget unveiled its plans to enter the Middle East region, a strategic move aimed at exploring new markets and diversifying its user base. Moreover, the platform introduced a $100 million fund to support the Web3 ecosystem. Therefore showcasing its commitment to fostering innovation and development within the blockchain space.

5. Arbitrum (ARB)

Arbitrum, an Ethereum layer-two (L2) scaling solution, utilizes optimistic rollups to improve Ethereum’s speed, scalability, and cost-efficiency. It aims to achieve these goals while benefiting from Ethereum’s security and compatibility.

ARB, the native token of the Arbitrum protocol, made its trading debut on major cryptocurrency exchanges on March 23, 2023. This launch was a significant milestone in the Layer 2 blockchain landscape. As of October 9, 2023, Arbitrum maintains a dominant position, demonstrating a consistent performance compared to its top Ethereum Layer 2 competitors.

Regarding total value locked (TVL), Arbitrum’s TVL has remained close to its all-time high of $1.97 billion. Polygon and Optimism, two prominent competitors in the Layer 2 arena, display TVL figures of $786.08 million and $645.63 million, respectively. This highlights Arbitrum’s substantial lead, with over a 2x difference in TVL.

Furthermore, the price projection for the ARB token in 2023 suggests a gradual increase throughout the year. The token began the year in April at approximately $1.76, reaching its 2023 all-time high (ATH). By December 2023, the minimum predicted price for ARB is expected to be $0.59.

Week 3 of the Arbitrum Odyssey: Reignited commences.@Uniswap and @OfficialApeXdex are your next destinations.

Venture over to the portal to get details about this week’s mission. Claiming will last until this Sunday, 12pm EST.https://t.co/bufpFesCbC pic.twitter.com/U3m2ESNzuF

— Arbitrum (💙,🧡) (@arbitrum) October 23, 2023

The Arbitrum token is projected to trade within the range of $1.081 to $0.721 in October. Moving into November 2023, ARB is anticipated to trade between $0.886 and $0.739.

6. Casper (CSPR)

Casper is a blockchain platform that offers the proof-of-stake (PoS) consensus mechanism based on the Casper CBC specification. Its goal is to promote the adoption of blockchain technology, smart contracts, and decentralized applications (DApps) globally.

According to the official whitepaper, Casper aims to cater to enterprise and developer requirements. Its core mission is to facilitate the growth of Web3 by addressing the adoption trilemma. This encompassed providing enterprise-grade security, scalability, and decentralization within the same blockchain protocol.

Casper Coin (CSPR) has garnered significant attention within the crypto market since its inception, showing notable growth. As such, it maintains a strong community following, as indicated by its presence on CoinMarketCap. Furthermore, Casper Coin offers a unique roadmap and practical use cases, making it an intriguing long-term project.

If you’re at #Money2020 come stop by our booth. More to come from @Nucleus_Fin this week 👀 pic.twitter.com/XcomIgGtzN

— Casper (@Casper_Network) October 24, 2023

According to price predictions, CSPR Coin’s maximum price could reach $0.21 by the end of 2023. Moreover, the anticipated average price is pegged around $0.10, assuming favorable market conditions.

However, it’s worth noting that if the market takes a bearish turn, Casper Coin could dip to $0.082 by 2023. The expectation is that the latter half of the year will witness a bullish rally, driving a substantial increase in the price of the Casper Coin.