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Macroeconomic policies have recently played a significant role in driving bullish trends for Bitcoin. This week, BTC experienced a notable increase following important interest rate announcements from both the Federal Reserve and the Bank of Japan. After the U.S. Fed revealed a rate cut, Bitcoin surged by more than 11% by the end of the week, surpassing $62,000 for the first time this month.
Meanwhile, altcoins are showing signs of stabilization, exhibiting a higher low pattern that indicates reduced selling pressure. With key price support levels now in place, altcoins appear to be transitioning into a period of low-volume, range-bound trading. This shift could signal the start of a gradual upward trend for the wider altcoin market. 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
Rollbit Coin (RLB) is currently valued at $0.083143, marking a 9.59% increase over the past 24 hours. Bonk (BONK) has also experienced significant price fluctuations, trading between $0.00001815 and $0.00002631. Meanwhile, Popcat has demonstrated a strong upward trend, indicating positive momentum for meme coins this October.
Conflux is priced at around $0.1799, boasting a 24-hour trading volume of $452.56 million and a market capitalization of $798.10 million. Although Bitcoin has declined after last week’s rally, it is still on track for a profitable September. Additionally, Pepe Unchained ($PEPU) has raised $16.6 million in its ongoing presale, signaling increased interest in Pepe-themed cryptocurrencies.
1. Rollbit Coin (RLB)
Rollbit Coin (RLB) is currently priced at $0.083143, reflecting a 9.59% increase in the past 24 hours. Technical analysis suggests a bullish outlook for the coin, with 22 indicators pointing to positive momentum.
Short-term price predictions, the forecast shows a potential steady rise. By October 1, 2024, the price is expected to remain around $0.082767, followed by a projected 5.32% increase on October 2 to $0.087167.
The upward trend continues, with a 12.16% increase by October 3, bringing the price to $0.092834 and reaching $0.099755 on October 4, reflecting a 20.52% growth. Meanwhile, further projections suggest that by October 7, 2024, Rollbit Coin could reach $0.122482, a significant 47.98% increase from its current value.
2. Bonk (BONK)
Bonk (BONK) has seen notable price movement recently, trading between $0.00001815 and $0.00002631. Over the past week, it has risen by nearly 38%, with a monthly increase of around 33%. The price is also up a significant 11,432% over the last year, outperforming 99% of the top 100 crypto assets during this period.
At the moment, BONK is trading 1,094.32% above its 200-day Simple Moving Average (SMA) of $0.00002013. This suggests strong momentum, especially with its 10-day moving average exceeding the 100-day average, hinting at a potential upward trend. Additionally, the market has seen 18 green days out of the last 30, with an 11.06% volatility over the same period.
However, the support levels should be monitored closely in case the market turns downward. If upward momentum continues, BONK could break through current resistance levels, though price stability will depend on several market factors moving forward.
3. Popcat (SOL) (POPCAT)
Popcat has shown a strong upward trend, suggesting positive momentum for meme coins this October. Currently priced at $0.977991, Popcat has gained 4.33% in the last 24 hours. Meanwhile, the technical analysis points toward a bullish sentiment, with 21 indicators signaling positive movement and only 3 showing bearish signs.
Furthermore, Popcat’s price predictions show a gradual rise. By October 2, 2024, the price is expected to reach $1.001201, reflecting a 5.25% increase. The following days are projected to continue this upward trend, potentially reaching $1.31859 by October 6, a 38.62% increase.
By October 7, the price could climb further to $1.402127, marking a 47.40% gain compared to current levels. These forecasts are based on recent trends and technical indicators, offering a cautiously optimistic outlook for short-term growth in Popcat’s value.
4. Conflux (CFX)
Conflux is currently priced at approximately $0.1799, with a 24-hour trading volume of $452.56 million and a market capitalization of $798.10 million. Notably, the price of Conflux has increased by 0.88% over the past day. Furthermore, over the last year, the token has shown a substantial gain of 38%. It also trades above the 200-day simple moving average, which suggests a positive trend in its performance.
In addition to this, Conflux has recorded 18 days of price increases out of the last 30, leading to a 60% positive performance rate. This consistent activity indicates a strong interest among investors, and its liquidity, based on its market cap, is considered high.
Introducing @WSPNpayment on Conflux blockchain—a leap forward for DeFi!https://t.co/SudKy3UZFh
Our partnership with Worldwide Stablecoin Payment Network (WSPN) brings WUSD to Conflux blockchain, revolutionizing DeFi.
Get ready for enhanced staking rewards and a gateway to the…
— Conflux Network Official (@Conflux_Network) September 30, 2024
In light of this positive outlook, the Worldwide Stablecoin Payment Network (WSPN) has announced a significant collaboration with Conflux. This partnership will integrate WSPN’s flagship stablecoin, WUSD, into the Conflux blockchain. This move represents an important step for both organizations in their shared objective of enhancing the decentralized finance (DeFi) landscape.
5. WOO (WOO)
WOO Network is currently experiencing an increase in its price, which stands at $0.198595. The platform has recorded a 24-hour trading volume of approximately $126.15 million, contributing to a market cap of around $371.37 million. Its market dominance is relatively modest at 0.02%. Notably, the WOO price has risen by 8.65% in the past day. Currently, market sentiment regarding WOO Network is optimistic, and the Fear & Greed Index reflects a score of 61, indicating a state of greed in the market.
Over the past year, WOO has seen a price increase of 11%. More recently, the price has surged by 53% within the last 30 days. Furthermore, the project has shown liquidity consistent with its market capitalization, suggesting a healthy trading environment.
6. Pepe Unchained (PEPU)
Pepe Unchained ($PEPU) has recently raised $16.6 million in its ongoing presale, reflecting a growing interest in Pepe-themed cryptocurrencies. This increase in interest is associated with renewed optimism in the market following the Federal Reserve’s unexpected decision to cut interest rates by 50 basis points, positively affecting digital asset prices.
In contrast to its predecessor, Pepe ($PEPE), Pepe Unchained operates on its blockchain and has introduced developer grants aimed at fostering innovation within its Layer 2 ecosystem. These grants have attracted significant attention from investors.
As of now, $PEPU is priced at $0.00989 in the presale, with a slight increase anticipated in the upcoming round, which will commence shortly. The platform also offers staking opportunities with an annual yield of 130% (APY), potentially appealing to investors interested in passive income.
Boom! $16M raised!
Pepe Unchained keeps smashing records, and we’re not slowing down! 🌊 pic.twitter.com/Qtkw0w0n85
— Pepe Unchained (@pepe_unchained) September 28, 2024
With a total supply of 8 billion tokens, the distribution model allocates 20% to the presale and another 20% for marketing initiatives. This strategy aims to support sustained growth and generate early momentum. As Pepe Unchained continues to develop, it seeks to establish a competitive presence in the meme coin market.
Learn More
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