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Cheap tokens often overshadow their higher-priced counterparts and offer investors affordable market entry. You’re in the right place if you have an eye for value and a budget-conscious approach to crypto investments. Insidebitcoins regularly compiles a list of the best cheap crypto to buy now for under one dollar.
8 Best Cheap Crypto to Buy Now Under 1 Dollar
Pursuing affordable yet promising digital assets prompts this curated list of the “8 Best Cheap Crypto to Buy Now Under 1 Dollar.” These tokens position themselves as the next game-changers for investors and enthusiasts. For readers with a keen ear for crypto happenings, HashKey has achieved unicorn status following a successful $100 million fundraising.
1. Blur (BLUR)
The crypto market’s outlook is relatively stable, and the Blur aligns with this trend, hinting at a potential bullish trajectory. Therefore, holders are strengthening their positions at the current market prices. This move anticipates a positive momentum once the correction in Bitcoin prices subsides.
Lately, there has been a sizeable transfer of Blur tokens from the unlocking contract. Since June 15, 2023, a significant portion of the total Blur token supply has been unlocked and transferred to Coinbase Prime. About 17.8% of these coins, accounting for 534 million tokens, were transferred.
Buyers are steering the market as sustained buying pressure reinforces the bullish sentiment. As the market Bitcoin’s correction, investors are optimistic about a promising outlook for Blur’s price in the medium-to-long term.
2. Sei (SEI)
SEI is showcasing promise, surging over 1,500% since its inception. Moreover, Sei positions itself as the fastest trading platform, ensuring transaction completion within a swift 380 milliseconds.
Peering into recent data, Sei is selling between $0.6978 and $0.8086. This confirms an uptrend as Sei trades above its $0.7036 10 and $0.5846 100-day SMA. Nonetheless, key support levels are identified at $0.5822 and $0.4714, with resistance levels at $0.9242 and $1.1506.
Liquid staking is picking up on Sei with the release of @Silo_Stake 🧑🌾🚜 https://t.co/q67NksJJ8b
— Sei 🔴💨 (@SeiNetwork) January 15, 2024
Furthermore, Sei’s future marker trajectory in the market deserves consideration. The growing interest in decentralized trading and the latest blockchain technology is attracting increased attention. However, it’s essential to be mindful of the rapid price swings in the crypto space.
3. Astar (ASTR)
Astar is attracting the market with the forthcoming dApp staking v3 launch. There are high hopes that this launch will transform the staking process for decentralized applications by focusing on optimization. At the same time, the token economy model aims to establish a more efficient and transparent system for users.
Moreover, Astar zkEVM’s introduction will add a layer of privacy and security to the platform. Furthermore, ASTR is in the green zone, positioning itself for global adoption and delivering web3 technology to billions.
The dApp Staking v3 launch is coming soon!
This update will have profound affects for both builders and stakers, and require more active participation to obtain the highest rewards.
You can prepare for the upgrade to v3 by claiming your current rewards:https://t.co/Dg8DrbDglC
— Astar Network (@AstarNetwork) January 5, 2024
Astar’s intraday session has been impressive, with a 4.3% increase placing the value at $0.153. Likewise, it has risen over 90% in the past month, holding a 24-hour trading volume of $103 million.
4. Oasis Network (ROSE)
The Oasis Network ecosystem has unfolded exciting developments as TSubQuery unveils groundbreaking news for developers. SubQuery’s Lightning Fast and Flexible Data Indexer now supports Sapphire and Emerald on Oasis Network. This support provides developers unprecedented access to SubQuery’s robust indexing capabilities.
Hence, it empowers developers to harness SubQuery’s powerful features, making on-chain data management seamless. In the financial landscape, Oasis Network stands out with notable indicators. ROSE showcasing stability and positive momentum, selling above its 200-day SMA.
Oasis Sapphire and the Oasis Privacy Layer (OPL) are key to enhancing dApp confidentiality across Web3
Let's recap some of the most important partnerships to date that leverage Oasis' Smart Privacy, including @PixelRealmlabs, @OceanProtocol, @IlluminexSwap, & @EmpyrealSDK:
— Oasis (@OasisProtocol) January 15, 2024
Furthermore, market analysts predict a bullish sentiment for the Oasis Network. In addition, investors have a sense of optimism, judging by a Fear & Greed Index reading of 64.
5. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix is set to reform Bitcoin cloud mining with its groundbreaking Stake-to-Mine mechanism, all powered by smart contracts. As its white paper outlines, the project provides a secure Ethereum platform. Hence, users can use this platform to stake and burn tokens to earn mining hash power. This innovation aims to address drawbacks commonly associated with traditional cloud mining practices.
Moreover, the project has garnered significant attention, with over 400,000 BTCMTX tokens currently staked. In its current presale phase, Bitcoin Minetrix has successfully raised an impressive $8.5 million.
With the upcoming halving in April, mining costs are projected to soar.@RiotBlockchain, @TeraWulfInc, and @CleanSpark_Inc are well-positioned, but what's your take on how other miners will adapt? 🚀⛏️
On the other hand, #BitcoinMinetrix has also now raised over $8,400,000! 📣 pic.twitter.com/BwdYTOkrWF
— Bitcoinminetrix (@bitcoinminetrix) January 15, 2024
In addition, the unique staking mechanism implemented by Bitcoin Minetrix aims to alleviate sell pressure once it launches on exchanges. Leveraging this strategy indicates that the project is well-placed for growth.
6. Floki Inu (FLOKI)
FLOKI faced a price dip but then displayed signs of resurgence, propelling its price from $58.21 to $64.14. This move proved to bring back optimism as bullish investors fueled the surge.
Moreover, the news of this bullish rally from January 8th to 10th caused FLOKI’s intraday value and market cap to surge. However, the momentum encountered resistance at the critical $0.000003343 level, marked by the 50-day EMA.
FLOKI AND TOKENFI PARTNER UP WITH DURBAN’S SUPER GIANTS#Floki and its sister token, #TokenFi, have partnered up with Durban’s Super Giants cricket team in a move to significantly enhance the presence of both brands across Asia and globally.
This strategic marketing partnership… pic.twitter.com/sGdKJ7EtAt
— FLOKI (@RealFlokiInu) January 11, 2024
FLOKI bears continue to dominate, pushing the price to $48, reflecting a nearly 30% decrease from the significant resistance level. The 150-day EMA at $0.000003054 is expected to provide support. Should the support level falter, the next target for bullish investors is $0.000002385. A breach of the support level and the 150-day EMA at $0.000003033 would signal a bearish short-term trajectory for FLOKI’s price.
7. The Sandbox (SAND)
The Sandbox is currently leaning towards greed on price prediction, with the Fear & Greed Index indicating a level of 64. Away from the recent market fluctuations, The Sandbox has demonstrated positive performance relative to its token sale price.
Furthermore, SAND’s high liquidity is evident in the token’s #2 position in the NFT Tokens sector. In addition, it is placed #2 in the Gaming sector and #1 in the Metaverse sector. Meanwhile, The Sandbox’s outlook is solidly above the 200-day SMA. Furthermore, SAND is circulating about 2.12 billion out of a maximum supply of 3.00 billion SAND.
Witness spectacular worlds from innovative creators! 😍 Get ready for awe as you dive into vivid realms filled with inventiveness and artistry for an epic metaverse adventure.
👇👇👇👇👇#UGC pic.twitter.com/rZg0xOmRqo
— The Sandbox (@TheSandboxGame) January 13, 2024
The yearly supply inflation rate is 41.30%, creating 619.26 million SAND last year. Likewise, The Sandbox’s market cap and rankings underscore its significance in crypto. These metrics position it favorably for investors seeking stability and potential growth.
8. ICON (ICX)
ICON aims to make a statement in the market with a groundbreaking integration with Injective. ICX aims to improve its ecosystem by leveraging the Cosmos Inter-Blockchain Communication protocol. This move represents a major leap forward in cross-chain interoperability. In addition, it solidifies ICON’s position at the forefront of the evolving DeFi landscape.
Moreover, ICON’s integration with Injective aligns perfectly with the pursuit of innovation and scalability in blockchain technology. Injective’s unique infrastructure and strong commitment to cross-chain interoperability make it the ideal partner for this strategic collaboration.
ICON expands #xCall to Injective through #IBC! 🤝@Injective_ is a lightning fast interoperable layer one blockchain optimized for building premier Web3 finance applications.
Read on for more information on todays update 👇$INJ $ICX #Interoperability pic.twitter.com/BrDsltdFPU
— ICON – Connecting Blockchains 🌐 🔀 (@helloiconworld) January 8, 2024
Market-wise, ICON’s price prediction sentiment remains neutral, with the Fear & Greed Index at 64. However, the price has seen a 7% increase in a year, consistently trading above the 200-day simple moving average.
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