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Affordable tokens offer opportunities for investors seeking high growth potential without breaking the bank. However, finding promising assets that offer potential while remaining affordable remains enormous. Nonetheless, Insidebitcoins gives a rundown into some of the best cheap cryptocurrencies valued under one dollar.
8 Best Cheap Crypto to Buy Now Under 1 Dollar
Recent market trends have witnessed significant surges in the value of meme coins like Dogwifhat and newly emerged nonfungible tokens (NFTs). Furthermore, other tokens, including Astar, ecash, and ICON, have experienced astonishing spikes. Despite these gains, their trading value remains under a dollar, offering investors a chance to capitalize on the market.
1. Astar (ASTR)
The Astar project recently announced a forthcoming campaign marking the mainnet release of Astar zkEVM powered by Polygon CDK. Scheduled for launch in Q1 2024, this campaign aims to showcase the Astar zkEVM ecosystem. As such, it seeks to provide insight into both on-chain and off-chain developments.
Furthermore, the campaign allows participants to explore new projects. Simultaneously, it grants access to exclusive artwork from the Astar Foundation and collaborating entities.
Astar Network is at the forefront of innovation, uniquely embracing Wasm within our multi-virtual machine environment.
Astar's commitment to advancing Wasm technology, backed by Astar Substrate team, ensures developers can fully utilize the capabilities of Wasm, leading to… pic.twitter.com/oLGp7Ezsl4
— Astar Network (@AstarNetwork) December 22, 2023
Regarding market activity, sentiment surrounding Astar’s price prediction leans towards a bullish outlook. Additionally, the Fear & Greed Index reflects a score of 73, indicating a prevailing sentiment of greed within the market. Moreover, key market indicators reveal that Astar has consistently traded above its 200-day simple moving average.
2. eCash (XEC)
The current sentiment surrounding eCash’s price prediction leans towards a bullish outlook. This sentiment coincides with a Fear & Greed Index score of 73, indicating a state of greed among investors.
Moreover, the token holds a circulating supply of 19.59 trillion XEC out of a maximum supply of 21.00 trillion XEC. In addition, eCash has experienced a yearly inflation rate of 1.85%. This figure translates to the creation of 354.91 billion XEC last year. Within the Layer 1 sector, eCash ranks #44 concerning market capitalization.
✨ Exactly one month ago, we marked a pivotal moment in the eCash journey with the successful launch of Staking Rewards as part of the Nov 15th, 2023 network upgrade. 🚀
Let’s reflect on this milestone and explore everything about Staking Rewards! ⤵️
🔗 https://t.co/LemefPXbdo pic.twitter.com/mIAYQMiABT
— eCash (@eCashOfficial) December 15, 2023
Over the past year, eCash has seen a price surge of 49%, trading consistently above the 200-day simple moving average. In the last 30 days, the asset has encountered 16 green days, accounting for 53% of the observed period. Furthermore, the coin’s market cap suggests a high level of liquidity.
3. Kava (KAVA)
Kava and Injective recently collaborated, marking another positive stride in the decentralized finance (DeFi) landscape. As such, Injective aims to enhance access to stable assets like USDt through this partnership by integrating Kava into its framework.
This integration signifies a significant stride in DeFi by leveraging the strengths of both platforms to create a smoother user experience. Furthermore, it reinforces Injective’s standing as a prominent Layer 1 solution for cross-chain assets.
Expanding access to stable assets like $USDT across the #Cosmos is critical to global #DeFi adoption. Onward! ⚛️ 👨🚀 https://t.co/slJtxwxID7
— Kava (@KAVA_CHAIN) December 14, 2023
Moreover, this collaboration allows the Injective community to expand, aligning with its mission of fostering a democratized financial future through decentralization. By enabling further avenues for growth, this integration showcases the potential for broader adoption and utility within the DeFi ecosystem.
4. Chiliz (CHZ)
In 2023, Chiliz made significant strides within the Blockchain and sports intersection, positioning itself as a notable player for potential developments in 2024.
Notable aspects include its trading performance above the 200-day simple moving average. Furthermore, the token has experienced 18 positive trading days out of the last 30 (a 60% occurrence).
𝐂𝐡𝐢𝐥𝐢𝐳 𝟐𝟎𝟐𝟑: A Year in Review – Expanding the Frontiers of SportFi ✨
Look back at all our key milestones from 2023. From the launch of Chiliz Chain, to the Chiliz rebranding and pioneering the SportFi ecosystem.#SportFi ⚡ $CHZhttps://t.co/7YXgvAcEnA
— Chiliz ($CHZ) – The home of SportFi ⚽🏆 (@Chiliz) December 18, 2023
Furthermore, market indicators also show that it is currently hovering near its cycle high. Moreover, the asset boasts high liquidity based on its market capitalization. Presently, market sentiment towards Chiliz appears bullish, aligning with a Fear & Greed Index reading of 73, indicating a state of “Greed.”
5. ICON (ICX)
Over the past year, ICON (ICX) has experienced a substantial 83% increase in price. This price rally has placed it over half of the top 100 cryptocurrencies in performance. The coin Consistently trades above the 200-day simple moving average, suggesting a sustained upward trajectory.
Recent trading data reveals positive momentum, with 16 out of the last 30 days seeing gains. This time accounts for 53% of the observed period. ICON also demonstrates strong liquidity based on its market capitalization.
@OmniNameService's CPS proposal was approved ✔️
With their name service already live on @helloiconworld, they will be using this funding to pursue further dApp integrations and using #xCall to deploy their product cross-chain 🌐 $ICX pic.twitter.com/I81XeblVqn
— ICON – Connecting Blockchains 🌐 🔀 (@helloiconworld) December 22, 2023
Furthermore, the highest price recorded for ICON since its last low point is $3.24, indicating its historical performance. Presently, sentiment around ICON’s price prediction is bullish. This projection coincides with a Fear & Greed Index score of 73, reflecting prevailing market optimism.
6. Wall Street Memes (WSM)
Wall Street Memes (WSM) has made a mark in the crypto world. The coin has drawn in over a million traders through its strong social media presence. Moreover, the presale boosted its market cap to $50 million.
Our weekly update is here! 🔥
Make sure to follow us on @Medium to stay up to date each week! 🚀
Read here ➡️https://t.co/r2EfmcNQW0 pic.twitter.com/FLUo4zaOHP
— Wall Street Memes (@wallstmemes) December 22, 2023
A recent move by WSM is the launch of Wall Street Memes Casino on Telegram. This step aims to offer secure and private gaming to users. Moreover, it offers enticing perks such as a 200% welcome bonus up to $25,000 and a 10% token buyback plan. Likewise, it gives users a reward system granting 200 free spins for those depositing $WSM tokens.
Starting from the successful Wall St Bulls legacy NFT project, WSM has quickly climbed to become the fourth-largest meme coin in terms of trading volume. Also, their ability to adapt, like integrating Bitcoin Ordinals NFTs, highlights WSM’s commitment to the crypto community.
7. EOS (EOS)
EOS has a circulating supply of 1.11 billion out of a maximum of 1.06 billion. Moreover, it has a bullish sentiment in price prediction despite experiencing a cycle high at $0.892073. Over the past year, its price has remained unchanged.
However, it is trading above the 200-day simple moving average. Notably, in the last 30 days, there have been 18 positive trading days, accounting for 60% of the period, indicating a favorable trend.
Every month the #ENF organizes a meeting with the Top 30 Block Producers on #EOS to improve communication between network operators & custodians as $EOS grows 🌐
Read this month's report👇https://t.co/yyFfOklcC5
— EOS Network Foundation (@EOSNetworkFDN) December 26, 2023
Regarding supply dynamics, EOS has an annual inflation rate of 3.47%, creating 37.29 million EOS tokens in the previous year. Regarding market capitalization, EOS holds the 15th position among Proof-of-Stake coins. In addition, it ranks second in the EOS Network sector and secures the 39th position in the Layer 1 sector.
8. Zilliqa (ZIL)
Zilliqa’s current market sentiment suggests a bullish outlook. This outlook coincides with a Fear & Greed Index reading of 73, indicating a state of ‘Greed.’ Within its maximum supply of 21.00 billion ZIL tokens, the circulating supply stands at 17.37 billion ZIL.
Regarding market positioning, Zilliqa ranks #37 in Ethereum (ERC20) tokens. Moreover, it holds #1 in the Zilliqa Network sector and #51 in the Layer 1 sector. Notable highlights include a 59% price increase over the past year. The token consistently trades above the 200-day simple moving average, with a positive performance compared to the token sale price.
The first gaming title to launch from @Zilliqa, @WEB3WAR_GAME, continues to go from strength-to-strength!
This year, the team at @Roll1ngThund3rz have:
– Built the player base out at an unprecedented rate
– Landed the FUS1ON hub in the Microsoft Store
– Secured partnerships… pic.twitter.com/c8isE6so29— Zilliqa (@zilliqa) December 15, 2023
Additionally, it has exhibited 21 green days in the last 30 days. This figure accounts for 70% of the observed period, and it’s currently trading near its cycle high. Furthermore, Zilliqa boasts high liquidity based on its market capitalization, which aligns with its goals and claims within the crypto market.
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