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Prices hold steady as the market heads towards the weekend. However, a category of investors anticipates rather mixed trends ahead, particularly as the US election month draws near. The news of CZ’s imminent release in September also casts a fresh perspective on what investors can expect in the coming months.
Notwithstanding the market’s long-term prospects, today’s post explores the 7 best cryptos to buy under 1 dollar. It offers a concise analysis of their current price trends and insight into how they might influence their future price action.
Best Cryptos to Buy Under 1 Dollar
As crypto investors seek to hedge their portfolios against the coming uncertainties, upcoming crypto, and low-cap projects rank high on their watchlists. Today’s post includes an overview of some of the most watched upcoming cryptocurrencies, including the PlayDoge presale.
1. Simon’s Cat (CAT)
The crypto market is likely back in meme coin season, given the recent marketing success of SUN-based projects. Meme coins dominate today’s list of top-gaining crypto coins. Simmon’s Cat is one of the crypto tokens reaping the benefits of meme coin liquidity.
The token is dubbed the officially endorsed memecoin of the Simon’s Cat brand. The brand emerged from the animated series and book collection, which features an ever-hungry cat. Consequently, Simon’s Cat meme coins aim to feed hungry cats worldwide, and profits are derived from the project.
CAT’s price is up by 89% today, and its trading volume has increased by over 70%. More importantly, demand for the token is on the rise as the community anticipates the coming airdrop offer. The token has also received an impressive reception across the market, and it might see further gains in the coming weeks.
2. Alpaca Finance (ALPACA)
Alpaca Finance is a recently launched project in the DeFi sector. With assets in the category rising to the limelight, it’s quite easy to see why the token is rising to prominence. According to its website, Alpaca Finance is currently one of the largest lending platforms.
The project is built on the Balance Smart Chain. Its goal is to give lenders a chance to achieve safe and stable yields. It also allows borrowers access to collateralized loans for leveraged yield positions, which means that users can increase their profits.
Today, ALPACA, the platform’s cryptocurrency, has a price of $0.24, which is 18% higher than what it sold for yesterday. A volume of $158,725,002 equally accompanies the increasing cost.
The significant surge in trading volume has greatly influenced investors’ perception of the token, resulting in a record increase in its market cap. In the long run, Alpaca Finance might be one of the DeFi projects that would benefit from the increasing interest in the sector.
3. PlayDoge (PLAY)
The crypto gaming sector has not lost its place in the market. Recent meme coin dominance has forced most gaming projects into the shadows. However, a new trend is emerging as meme-based projects now incorporate games into their offers.
PlayDoge is a new class of meme projects. The project leverages its gaming offers to ensure the sustained growth of the PLAY token. According to PlayDoge’s website, users can now enjoy play-to-earn offers that prioritize their fun experience above all else.
The project is not only about the opportunity to participate in the PlayDoge game. It also offers the PLAY token as the project’s native cryptocurrency. With it comes access to the PlayDoge community and a host of other benefits.
🚨 Important Announcement 🚨
PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10am UTC! ⏳
Buy $PLAY in final stages now! 💰
👉 https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H— PlayDoge (@PlayDogeGame) August 16, 2024
At the time of writing, the community has raised over $6 million in presale funds, and the offer is still open. It allows crypto investors from across the globe to participate in the PLAY offer at a fraction of its true price.
More importantly, early investors can also start enjoying the staying opportunity that ensures their token is yielding returns while they await the project’s launch date. Investors have until the 26th of August to take advantage of the opportunity.
4. JasmyCoin (JASMY)
JASMY is the native cryptocurrency of the Tokyo-based crypto project. The Jasmy Corporation focuses on providing networking services worldwide. The project is built around the idea of the Internet of Things.
The concept promotes harnessing the capability to extract data from everything around us. At the moment, the corporation specializes in meeting B2B big data needs.
At press time, JASMYCoin had a market cap of over $1 billion and a price of $0.0218. Its market price has increased by 15% in the last 24 hours, placing it among the top gainers in the previous 24 hours. Additionally, the increase in JASMY trading volume reveals that investors are entering the market for the token.
Nonetheless, it’s best to consider the token’s recent trends before making a buying decision. JASMy is gradually clawing its way out of a protracted dip, and this may influence the ongoing price recovery.
5. IO.NET (IO)
The days of artificial intelligence are finally here, and the crypto market has not spared its impact. For several months now, many of the top-performing crypto assets have emerged from the sector. IO.Net is one of the highest gainers in the market today following its 20% price increase.
Primarily, IO.Net does not offer AI services to end users. However, it provides extensive GPU services to AI-based projects within and outside the blockchain ecosystem. Its GPU network is currently referred to as the internet of GPUs. If the AI sector maintains the current growth rate of the AI sector, a time will come when the demand for GPUs may exceed the current supply. Thankfully, IO.Net is one of the projects that’s properly positioned to take advantage of the opportunity.
Today’s market data shows that IO.Net’s price has increased by over 10% and will likely continue to the upside. Investors looking at the crypto AI sector and projects with real-world use cases can explore the IO token.
6. FLOKI (FLOKI)
The price increase of FLOKI is largely influenced by the new Simon’s Cat meme coin airdrop. Access to the 900 billion CAT token is tied to having over 400,000 FLOKI tokens in a user’s Binance account. A recent post on the platform’s official website emphasized this requirement. It further suggests that the value of the holding would be determined by the price at the time users purchase it.
At the time of writing, the FLOKI token is worth $0.0001408. Due to increasing demand, the token has seen a price increase of 10% in the last 24 hours. Moreover, Floki’s trading volume in the same period amounts to 15% of its market cap. Its gain in the recent uptrend brings the total of the last seven days to over 40%.
IMPORTANT UPDATE ABOUT THE SIMON'S CAT PRESALE
Dear Vikings!
First of all, we would like to sincerely apologize for the rollercoaster that the Simon's Cat presale has been!
After extensively reviewing data on how AGGRESSIVELY some bad actors tried to game and bot this presale,… pic.twitter.com/p9Wclkfrix
— FLOKI (@RealFlokiInu) August 22, 2024
Over the coming days, FLOKI might be able to overcome its month-long bear dominance and start posting improved price action. In the meantime, investors should monitor the company’s price action and trends.
7. Sunpepe (SUNPEPE)
The SUN trend is heating thanks to the success of recent projects like SunDoge. A more recent Sun-based project is the Sunpepe, built around the PEPE brand. Currently, the project holds the reputation as the biggest Pepe-themed meme coin on the newly launched Tron memecoin ecosystem.
The new meme coin boasts a trading volume of over $686k and over $4.2 million. Its growing popularity has given the project its identity as one of the fastest-growing meme coins to watch this season.
As the liquidity in the Tron memecoin environment increases, early investors would likely see a possible increase in the value of their assets. In the meantime, investors should research the project’s fundamentals to understand how the team, vision, and road map would evolve over its lifetime.
Learn More
PlayDoge (PLAY) - Newest ICO On BNB Chain
- 2D Virtual Doge Pet
- Play To Earn Meme Coin Fusion
- Staking & In-Game Token Rewards
- SolidProof Audited - playdoge.io
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