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The crypto bull market is gaining momentum as various altcoins exhibit early signs of bullish activity. According to data from TradingView, the total market capitalization of altcoins is establishing higher lows and is potentially poised for an upward breakout.
After a sharp drop in early August, the altcoin market cap has registered three consecutive higher lows, indicating the formation of an upward trendline. This trend reflects increasing bullish sentiment within the altcoin space. The most recent rebound took place on October 3, when the altcoin market cap bounced back from a support level of $844.5 billion, reaching approximately $908.04 billion at the time of this report. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
Neiro (NEIRO) is currently priced at $0.001579, reflecting a 36.59% rise over the last 24 hours. The Graph Network has launched a notable update with the Timeline Aggregation Protocol (TAP). In other news, Flockerz ($FLOCK) has recently made its debut in the cryptocurrency market, raising approximately $500,000 within just a few days of launching its presale campaign. Additionally, Bitcoin has mitigated its weekly losses following better-than-expected jobs data for September.
1. First Neiro On Ethereum (NEIRO)
Neiro (NEIRO) currently stands at $0.001579, reflecting a 36.59% increase over the past 24 hours. The cryptocurrency is trading near its all-time high and has shown significant liquidity relative to its market capitalization. As of October 7, 2024, market sentiment remains bullish, with 15 technical indicators signaling an upward trend and only one indicating bearish sentiment.
Neiro’s price is expected to fluctuate within a range of $0.001436 to $0.002116 over the next week. Projections suggest that the value may rise by as much as 47.37%, potentially reaching $0.002116 by October 14, 2024, should it hit the upper target. Daily forecasts indicate gradual price increases, with predicted values for October 8 to October 13, 2024, ranging from $0.001436 to $0.00199.
Overall, the short-term outlook for Neiro remains positive, with consistent gains expected in the coming days. However, market conditions could lead to variations in the actual price performance.
2. The Graph (GRT)
The Graph Network has introduced a significant upgrade with the release of the Timeline Aggregation Protocol (TAP). This update aims to enhance scalability and decentralization, particularly in how payments are handled for Indexers.
One of the key improvements TAP offers is trust-minimized payments, which reduce the need for trust between gateways and Indexers, thereby promoting a more decentralized network. Additionally, the new protocol simplifies payment management by allowing Indexers to handle payment receipts directly, streamlining the entire process.
🌐 ICYMI: The Graph Network just got another major upgrade with the release of TAP (Timeline Aggregation Protocol)!
TAP transforms payments for Indexers, driving greater scalability & decentralization by:
✅ Trust-minimized payments: TAP reduces reliance on trust between… pic.twitter.com/ySAOlp6cRw
— The Graph (@graphprotocol) October 4, 2024
Currently, The Graph (GRT) is priced at $0.17346, reflecting a 4.73% increase in the last 24 hours. Market sentiment for GRT remains bullish, with 21 technical indicators pointing to further gains. Projections suggest that GRT could trade between $0.174706 and $0.261602 this week. If it reaches the higher end of this range, the price could rise by 49.74% by October 14, 2024.
3. Brett (Based) (BRETT)
Brett’s price stands at $0.090802, reflecting a 7.80% increase over the past 24 hours. Notably, the asset has recorded 16 green days over the past 30 days, meaning its daily close price has exceeded its daily open price on 53% of those days.
In terms of liquidity, Brett remains well-positioned relative to its market capitalization, offering favorable trading conditions. The sentiment surrounding Brett’s price prediction appears bullish, with 16 technical indicators signaling positive momentum, while five suggest a potential downturn.
Brett AI bot is officially up, developed by @alphakek_ai 💙
Start generating any Brett images you want using the command "/image brett" in our telegram group here: https://t.co/nvFAKaRnrS pic.twitter.com/Q372GUZTGY
— Brett (@BasedBrett) October 4, 2024
With Brett experiencing price volatility of around 9.71% over the past 30 days, analysts suggest that it may be a suitable time for potential buyers. However, investors should remain cautious and monitor future market developments.
4. Fantom (FTM)
Fantom, a layer-1 blockchain known for its scalability, has seen a notable 62.52% growth in the last 30 days. The network, recognized for its high-speed transactions and low fees, continues to gain attention within the DeFi space. With a current Relative Strength Index (RSI) of 63, some investors may view it as a promising opportunity.
A recent analysis of Fantom’s moving averages indicates a “strong buy” signal across daily, weekly, and monthly charts. However, oscillators remain neutral, suggesting a balanced market sentiment. In the last 24 hours, large transactions have surged by 980%, signaling potential accumulation by larger investors. This increase in whale activity may point to rising confidence among institutional players.
Additionally, the Sonic update will offer developers significant incentives, including up to 90% gas fee refunds from user transactions. Fantom is also expected to introduce a native stablecoin, a secure Ethereum gateway, and a 200 million token airdrop.
With the update coinciding with a predicted altseason in late 2024, market sentiment remains positive around Fantom’s future potential. Overall, these developments position Fantom as an interesting project to watch, with many awaiting the impact of the Sonic update on the network’s ecosystem.
5. Core (CORE)
Core has seen significant growth, becoming the leading Bitcoin sidechain with over $350 million in total value locked (TVL). The platform now boasts more than 22 million unique addresses and roughly 55% of Bitcoin’s hash power is delegated to Core. With over 320,000 daily transactions, Core’s blockchain activity continues to rise.
Since February 2024, Core has recorded impressive growth, surging over 11,000%. It currently dominates Bitcoin-powered blockchains in terms of on-chain transactions. Core trades at $0.961123, reflecting a 2.76% increase in the past 24 hours.
Core is the number 1 Bitcoin sidechain. 📈
🔸$350M+ TVL
🔸22M+ Unique Addresses
🔸~55% of Bitcoin hash power delegated to Core
🔸320K+ daily transactions#JustUseCore pic.twitter.com/fbZtcnUspx— Core DAO 🔶 (@Coredao_Org) October 6, 2024
The token is also trading 36.69% above its 200-day simple moving average (SMA) of $0.703124. Notably, Core DAO has seen 18 green trading days in the last 30 days, accounting for 60% of the month. This upward trend signals growing confidence in Core DAO’s position within the blockchain ecosystem.
6. Flockerz ($FLOCK)
Flockerz ($FLOCK) has recently entered the cryptocurrency market with the launch of its presale campaign, quickly raising around $500,000 within just a few days. Marketed as a community-driven meme coin, Flockerz highlights its innovative Vote-to-Earn (VTE) system, which operates through the Flocktopia Decentralized Autonomous Organization (DAO). This approach aims to empower the community by decentralizing decision-making power.
Built on the Ethereum blockchain, Flockerz is one of the newer projects to monitor in the meme coin sector. The project’s core narrative revolves around restoring community voices and fostering a decentralized ecosystem. It features a whimsical storyline involving Big Bird, a ruler of the FLOCK kingdom whose reign ended in chaos, leading to the kingdom’s downfall.
Regarding token distribution, Flockerz has allocated 20% of its total supply for presale buyers. This strategy is designed to provide early investors with a chance to capitalize on potential future gains. The remaining 80% of tokens are reserved for the DAO vault, marketing efforts, staking rewards, and listings on centralized exchanges.
Isn't it beautiful? Flockerz community is growing by the day!
TG opening soon! pic.twitter.com/l6XU4BhZoD
— Flockerz (@FlockerzToken) October 4, 2024
Meanwhile, the project has set aside 25% of the total supply, amounting to 3 billion tokens, specifically for staking rewards. This initiative offers a competitive annual percentage yield (APY) of 4040%, which could attract more investors.
Another noteworthy aspect is the unique narrative crafted by Flockerz. The success of meme coins often hinges on their engaging stories, and Flockerz provides an intriguing tale that emphasizes community engagement and empowerment. Overall, Flockerz presents a novel approach within the meme coin sector, making it a project worth watching in the coming months.
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