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The cryptocurrency market has seen a significant surge over the past two weeks, with Bitcoin leading the rally by climbing to $90,000 and achieving a record-breaking performance. Trump’s election win appears to have influenced the broader crypto market, with several digital assets experiencing notable price increases.
These rapid gains pushed the total cryptocurrency market capitalization beyond $3 trillion, nearing the record of $3.09 trillion set during the 2021 bull market. Meanwhile, the Crypto Fear and Greed Index, as reported by CoinMarketCap, has reached a score of 83, signaling a strong shift toward Extreme Greed. As expected, this indicates heightened optimism among investors during this bullish phase. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar, which requires time and effort.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
DEGEN is trading at $0.02418, marking an 85.95% rise over the past week. Meanwhile, Holo (HOT) has seen a 4.19% increase in the last 24 hours, with its price now at $0.002159. StarkNet’s native token, STRK, continues to gain momentum as the network enhances its functionality. Similarly, Bonk (BONK) is priced at $0.00004743, reflecting a significant 79.07% growth in the past week.
In the meme coin sector, Pepe Unchained (PEPU) has garnered considerable attention after raising $35 million in its presale, making it the largest initial coin offering (ICO) for a meme coin. Meanwhile, many investors closely watch Bitcoin and evaluate its potential trajectory amid renewed speculation about policy changes under Donald Trump.
1. Degen (DEGEN)
DEGEN trades at 0.02418, increasing by 85.95% over the past week. The market sentiment around DEGEN is bullish, supported by a Fear & Greed Index score of 83. This indicates extreme greed among market participants. In the last 30 days, the coin recorded 15 green days, meaning the closing price was higher than the opening price on half of the trading days.
Forecasts for November suggest a notable price increase. Predictions estimate that DEGEN could trade between 0.024318 and 0.080791, with an average price of 0.047348.
Technical indicators reinforce the current bullish sentiment, with DEGEN’s price forecasted to rise to 0.078032 by December 18, 2024. Over the past 30 days, the coin exhibited 51.41% price volatility, reflecting the inherent risks associated with cryptocurrency investments.
2. Holo (HOT)
Holo offers a distributed computing platform that differs from traditional blockchain technology by eliminating the need for global consensus. This innovative approach enhances scalability and energy efficiency, making it suitable for building decentralized applications with improved speed and sustainability.
As of today, Holo (HOT) is priced at $0.002159, reflecting a 4.19% increase in the past 24 hours. Over the last year, its price has risen by 40%, indicating steady growth. Market sentiment for HOT appears bullish, with the Fear & Greed Index displaying a score of 83, signaling “Extreme Greed.” Additionally, the token is trading 46.15% above its 200-day simple moving average (SMA) of $0.001477, which points to a strong upward trend.
The token has shown consistent performance, with 16 green trading days in the last month, representing 53% of the period. Its high liquidity relative to market capitalization further strengthens its position as a viable asset.
3. Starknet (STRK)
StarkNet’s native token, STRK, is making strides as the network advances its capabilities. StarkNet, a ZK-Rollup solution designed to scale decentralized applications (dApps), is focused on improving its transaction processing speed and reducing fees. The network plans to increase transaction throughput four times and cut fees by 80%. This could position StarkNet as a strong competitor among Layer 2 solutions, particularly its focus on cost-effectiveness.
StarkNet aims to achieve over 1,000 transactions per second (TPS). This would place it alongside competitors like Solana, which processes between 800 and 1,050 TPS, according to data from Solana Compass.
“Cairo is opening new doors in the decentralised world, driving innovation and accessibility.”
In this @hackernoon article, @strjd87 explains how @CairoLang leverages zero-knowledge proofs to supercharge scalability, reduce costs, and enable next-gen dApps. 💡… pic.twitter.com/o2espHAN9X
— Starknet 🐺🐱 (@Starknet) November 18, 2024
STRK is priced at 0.498986, reflecting a 7.19% increase over the past 24 hours. Market indicators suggest a bullish sentiment for the token, as the Fear & Greed Index currently shows a score of 83, indicating extreme greed. Over the past month, STRK has shown positive movement on 15 days, or half of the time.
4. Bonk (BONK)
Bonk (BONK) is priced at 0.00004743, showing a 79.07% increase over the past week. Its market capitalization is valued at 3.56 billion, reflecting a growth of 6.32%. Meanwhile, the 24-hour trading volume stands at 1.53 billion, a 48.28% rise. Investor sentiment around the token is bullish. This is further supported by an Extreme Greed score of 83 on the Fear & Greed Index.
Over the last year, Bonk’s price has surged by 1,257%. It has also outperformed 88% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token trades above its 200-day simple moving average, indicating positive long-term momentum. Additionally, it recorded 15 green days out of the past 30, showing steady short-term growth.
The BONK DAO BURNmas SUPER thread
The Mission: Burn 1 Trillion $BONK by Christmas
The campaign features BONK burns based on specific engagement criteria.
Here's how YOU can help The Dog in what will be the largest on-chain community driven burn event in the history of Solana👇 pic.twitter.com/tcSY5W3vd9
— BONK!!! (@bonk_inu) November 15, 2024
For November 2024, analysts predict that Bonk will continue its upward trend. Forecasts suggest its price could reach 0.0001, with an expected range between 0.00005075 and 0.000172. Based on these projections, investors buying at current levels could see gains of up to 252.30%.
5. Pepe Unchained ($PEPU)
Pepe Unchained (PEPU) has gained attention in the crypto world by raising $35 million during its presale phase, making it the largest meme coin ICO. With only 24 days left until the presale ends, excitement is building as the project approaches its launch on exchanges.
The project aims to establish an Ethereum layer 2 blockchain tailored for meme coins. By offering faster transactions and lower fees compared to Ethereum’s main network, it seeks to create a user-friendly environment for trading and launching meme coins. Importantly, users can access this ecosystem through their existing Ethereum wallets, making the transition seamless. Additionally, Pepe Unchained hopes to attract some of Ethereum’s $58 billion total value locked (TVL), which could provide significant liquidity to the platform.
A key innovation is the “Pepe Pump Pad,” a tool enabling users to launch meme coins without coding skills. This mirrors features found on other platforms, such as Solana’s Pump.fun, which has driven the success of several tokens. Furthermore, Pepe Unchained’s developer grants program incentivizes blockchain developers to build projects on its network, signaling its commitment to fostering innovation.
Pepe is celebrating 35M today!
With just under 26 days left in the presale don't miss out on your chance to get in on the ground floor! 🐸💚🔥 pic.twitter.com/6eTaUVUZSs
— Pepe Unchained (@pepe_unchained) November 17, 2024
This presale comes at a time of growing optimism in the crypto market, as rising prices for assets like Bitcoin and broader adoption of blockchain technology fuel interest. With predictions of a billion users entering crypto by 2025, Pepe Unchained could benefit from these trends.
6. Casper (CSPR)
Casper (CSPR) is a blockchain network known for its advanced Proof-of-Stake (PoS) protocol. This protocol prioritizes scalability and energy efficiency, making it suitable for evolving blockchain demands. Additionally, the network provides development tools tailored to help businesses transition to Web3. This focus underscores its goal of promoting enterprise adoption.
Currently, CSPR is trading at 0.01795, showing a daily increase of 5.32%. Its market capitalization is 223.70 million, with a fully diluted valuation of 237.89 million. Over the past 24 hours, the token recorded a trading volume of 228.33 million. This represents a high volume-to-market cap ratio of 100.69%, which indicates notable market activity.
Price forecasts for November suggest the upward trend could continue. Analysts estimate the price may rise to 0.036185, with a trading range between 0.018247 and 0.062234. Based on these predictions, investors buying at current levels could achieve returns of approximately 247.50% by selling at the higher end of the range.
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