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Investors are searching the market for the best cheap crypto trading below 1 dollar as the expected bull run takes off. A few cryptos have distinguished themselves among the numerous choices by prospecting for a significant upswing. Today’s analysis highlights five cryptos under 1 dollar that analysts could offer considerable returns.
Meanwhile, the crypto market experienced substantial gains yesterday due to a general bullish sentiment. BTC’s price has started to show stability since the halving event crash, which saw it dip below $60,000. Consequently, investors are starting to display increased trading activities, indicating conviction among bulls.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
The world of P2E gaming is growing, with millions flocking to platforms that reward gamers for their time and skills. Mythos is a project at the heart of this gaming revolution through its Mythical Games ecosystem. While its token’s price of $0.303 might seem modest, a closer look reveals a project with potential poised for a significant price surge.
This article will explore the factors that could influence Mythos’ price, from market trends to investor sentiment. We will also look at other low-priced cryptos like XPLA, Wormhole, and Pepe, including presale tokens: PlayDoge and Pepe Unchained. By the end of this analysis, you will have a clearer understanding of their prospects for 2024.
1. XPLA (XPLA)
XPLA is an open-source blockchain network that supports an ecosystem of decentralized applications (dApps) and developer tools. The developers have taken measures to ensure security against double-spending attacks while tolerating up to one-third of potentially faulty nodes. This is done by hosting the project on Tendermint, a Byzantine fault-tolerant (BFT) consensus mechanism.
Furthermore, XPLA utilizes the Inter-Blockchain Communication (IBC) protocol and Cosmos SDK, making it more efficient and secure. Its developer-friendly nature makes it the perfect option for creating new dApps or deploying existing ones on the XPLA network. Also, XPLA utilizes a proof-of-stake consensus mechanism and is compatible with the Ethereum Virtual Machine (EVM). This compatibility enables EVM-based dApps to operate on the XPLA blockchain, facilitating seamless integration with the extensive Ethereum ecosystem from the outset.
Moreover, XPLA incorporates the C2X SDK, a game development software kit that simplifies the creation and deployment of play-to-own (P2O) games on the blockchain. The platform also features an XPLA wallet. These capabilities allow users to engage in decentralized finance (DeFi) and P2O games, thereby enhancing their interaction with and adoption of blockchain technology.
AI has the power to lead the Web3 industry. Imagine what could happen if #AI meets gaming at #XPLA.
We are thrilled to announce that @BatchingAI's "CODE CACHING" and "Meta Match" will officially launch on XPLA very soon!🧵 pic.twitter.com/SRZgw0C5IE
— XPLA (@XPLA_Official) July 16, 2024
The token is trading at $0.1113, reflecting a 12% uptick in the last 24 hours. Should the XPLA project announce any partnerships with other networks, it is expected that the maximum price of XPLA Coin could exceed $1.82 by 2024. Provided that the current bullish trend in the cryptocurrency market continues, analysts forecast that the average price of XPLA Coin will hover around $1.65 in 2024. Conversely, if the market experiences a downturn, the minimum value of XPLA Coin could drop to $1.54 in the same year.
2. Pepe Unchained (PEPU)
Pepe Unchained’s innovation is rooted in its own Layer 2 chain, enabling lower gas fees and faster transactions. This infrastructure strengthens $PEPU’s utility as it evolves from a single token into a platform for a new ecosystem featuring DeFi, NFTs, other meme coins, and AI-related tokens. The increased functionality and reduced costs make $PEPU an appealing option for investors seeking innovative crypto solutions.
Meanwhile, the project continues to surpass expectations, having raised over $4.3 million in presale funds. This exponential growth stands out in a generally cautious broader crypto market, underscoring $PEPU’s distinct appeal. Currently priced at $0.0085277, the value of $PEPU is set to rise in the next presale stage, making the present an opportune moment to secure your stake.
Moreover, investors are particularly enthusiastic about Pepe Unchained’s staking rewards, which provide substantial returns. With an annual percentage yield (APY) currently at 435%, early contributors can benefit from a robust monthly return of approximately 57%. A total of 2.4 billion $PEPU tokens are allocated for staking rewards over two years, with 232 million tokens already locked in.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
🧠 Instant bridging between ETH and Pepe Chain
🧠 Lowest transaction fees
🧠 100x faster transaction speeds compared to ETH
🧠 Dedicated Block ExplorerGet ready to join the future with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
Notably, the presale is progressing rapidly, with over 400 million $PEPU tokens sold in just four weeks. Prospective buyers can participate in the presale on the Pepe Unchained website using ETH, USDT, BNB, or credit cards. Also, PEPU guarantees top-notch security for investors, as Coinsult and SolidProof have vigorously audited it. Don’t miss the opportunity to join before the market resumes its bullish trend.
3. Mythos (MYTH)
Mythos is a project incorporating a comprehensive ecosystem to revolutionize gaming experience. It aims to simplify, standardize, and democratize Web3 gaming by providing opportunities for users to participate and contribute within the ecosystem. MYTH, its utility token, was developed to be used within the Mythical Games ecosystem for players to buy, sell, and trade in-game items from various Mythical Games.
These utilities ensure that MYTH remains relevant while fostering a thriving digital economy. But MYTH’s utility goes beyond simple transactions. It empowers players through the Mythos DAO. The DAO participation grants them voting rights on crucial proposals that shape the ecosystem’s future.
Meanwhile, Mythos is in strategic partnerships with industry giants like Ubisoft and Warner Bros., lending significant credibility to the project. These collaborations allow Ubisoft and Warner Bros. to leverage the Mythical Games infrastructure.
Mythos has seen a moderate price increase of 1.63% in the last seven days to trade at $0.303. This price is higher than its ATL of 0.12 and is 55% higher than its YTD value. Current potential support lies around the $0.43 mark, with resistance emerging near the recent highs of $0.44.
Some exciting news! $MYTH is now on @HTX_Global! https://t.co/se1VoVd2gr
— Enter the Mythos (@EnterTheMythos) July 6, 2024
However, the position of the token’s moving averages shows that the 50-day MA is slightly above the 200-day MA. This metric indicates a potential short-term bullish trend. However, the lack of a significant gap between them suggests a period of consolidation might be on the fringe.
Overall, Mythos’ technical displays a bullish outlook. Its recent price increase and short-term moving averages further back up this bullish trend. Also, At its current price, MYTH presents a perfect entry opportunity for investors before it reaches the $1 mark.
4. PlayDoge (PLAY)
PlayDoge, a prominent play-to-earn (P2E) meme coin, has quickly raised over $5.7 million during its presale phase. What distinguishes PlayDoge is its innovative blend of meme culture and gaming, especially appealing to nostalgia for ’90s gaming. Players can own virtual Shiba Inu dogs, interact with them in a Tamagotchi-style environment, and earn $PLAY tokens as rewards.
The token is currently available at a modest price of $0.0052 in the ongoing presale. The current value represents an over 25x increase since its launch and is projected to post an over 1000x increase after it goes live. Prospective investors are urged to use this opportunity to buy as much $PLAY as possible before the value increases.
Beyond its engaging gameplay, the project has set its target on the expanding markets of retro gaming and game remakes. Also, a planned free app for both Google Play and the App Store aims to make play-to-earn (P2E) experiences more accessible. This development will potentially increase the token’s adoption among gamers around the globe.
As PlayDoge gains momentum in its presale, driven by appealing staking rewards and enthusiastic community support, it’s set to shake up both the play-to-earn (P2E) and meme coin sectors. If $PLAY is listed on major exchanges like Binance, it could greatly enhance its liquidity and market appeal, attracting early investors who are excited about the fusion of gaming and cryptocurrency.
5. Pepe (PEPE)
Pepe, renowned for its impressive returns since launch, is anticipated to continue its Impressive growth. The token is likely to erase another zero from its valuation. With market dynamics strongly favoring these coins, investors can expect substantial gains and a positive trajectory in the coming months.
The token has rallied dizzyingly, surging approximately 20,025% since its launch. Furthermore, Pepe is predicted to leap by 150% before the end of July. If this projection is accurate, the surge could enable Pepe to trade at $0.00003162, eliminating another zero from its price. Moreover, its over 40% returns over the last seven days to its holders have piqued the intrigue of affluent investors.
#Binance Simple Earn launches a new @pepecoineth @pepe $PEPE Flexible Products promotion!
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— Binance (@binance) July 16, 2024
Meanwhile, the token trades at $0.00001144 today. Several bullish catalysts have also propelled PEPE’s ascent. Furthermore, the Pepe team has implemented a strategic development to onboard a fresh cadre of consultants. The project has also set its sights on exploring partnerships and marketing opportunities. This forward-thinking approach gives investors the confidence that the token has a promising future.
6. Wormhole (W)
Wormhole has seen notable growth recently. Its current price of $0.3152 marks a 5.35% increase in the last 24 hours before losing steam. This positioned it among the top gainers in the market today. Over the past week, it has climbed by 25% before slightly retracting to 18%, demonstrating strong momentum.
Analysts anticipate further gains as the month ends, with a projected target of $0.72. This surge in value is attributed to Wormhole’s increasing adoption. The coin is available in SPL on Solana and ERC-20 format on Ethereum and EVM L2s.
This expansion has contributed to its enhanced liquidity, reflected by its market cap and ranking. Currently, Wormhole has announced some partnerships to expand its ecosystem. It aims to remain relevant by incorporating more utility and rewarding its holders.
We're thrilled to announce @WormholeFdn, steward of the @Wormhole platform, as the first sponsor in the @Ethereum protocol Attackathon on Immunefi! 💥
Thank you for your support in advancing onchain security 🔐
Find out more & sponsor now: https://t.co/pmtWNyo4tr#EFxImmunefi pic.twitter.com/Cdb04Pkm36
— Immunefi (@immunefi) July 18, 2024
Investors have displayed a positive sentiment about W. The Fear & Greed Index, which stands at 84 (Extreme Greed), suggests optimism in the market. Investors should consider adding the token to their watchlist in the coming days.
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