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Astute investors are focusing on cheap jewels with growth potential as the cryptocurrency market appears to be rebounding. In addition to their cost, coins under $1 are particularly desirable due to their potential in the long run.
These tokens present intriguing opportunities for strong returns, regardless of your level of experience with cryptocurrencies or your desire to diversify your holdings without going over budget. Here’s the place to start, whether you’re planning your next move or just interested in the buzz.
5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar
Why are cryptocurrencies like Synthetix, Arbitrum, and Conflux attracting so much curiosity? What distinguishes them amid a sea of inexpensive cryptocurrencies? These initiatives offer more than just a low price tag; they deliver genuine value and future growth possibilities, from enabling synthetic asset trading and powering high-speed Layer 2 networks to fostering scalable cross-chain ecosystems.
1. Arbitrum (ARB)
Arbitrum, created by Offchain Labs, processes transactions off-chain while preserving Ethereum’s security using optimistic rollups. By addressing Ethereum’s drawbacks, like exorbitant gas prices and sluggish transaction times, the project improves the effectiveness and usability of decentralized apps (dApps).
Arbitrum’s unique selling proposition is its potential to provide quicker and less expensive transactions without sacrificing security. Due to its Ethereum interoperability, developers can easily move existing dApps. Arbitrum’s integration with well-known DeFi platforms like Uniswap, Aave, and SushiSwap highlights its expanding ecosystem.
As of May 9, 2025, the price of ARB is $0.38, 14.78% higher than the previous closing. The intraday high is $0.38, while the low is $0.33. This upward trend indicates increased investor confidence and broader Arbitrum network usage.
The ArbitrumDAO Security Council elections for the March cohort have officially concluded
Meet the 6 newly elected members 👇 https://t.co/6hfJetskq1
— Arbitrum (@arbitrum) May 5, 2025
A recent development is the expansion of Arbitrum’s footprint in Japan through a partnership with Fracton Ventures, which aims to promote ecosystem development and community education. Arbitrum’s total value locked (TVL) has also climbed, suggesting that more people are utilizing and embracing the platform.
2. Conflux (CFX)
Conflux’s hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus method provides low latency and high throughput, making it appropriate for enterprise solutions and decentralized apps (dApps). Its special Tree-Graph structure allows blocks to be processed in parallel, increasing scalability without sacrificing security.
Due to its regulatory compliance in China, Conflux is currently the only public blockchain approved by the Chinese government. This compliance has made partnerships with significant Chinese organizations, such as China Telecom, McDonald’s China, and the city of Shanghai, possible. These partnerships put Conflux in a position to serve as a link between the West’s decentralized technology and the East’s regulatory environment.
📢 We’ve completed a new round of CFX burning and staking
As approved by Conflux DAO #14, we’ve finalized the following on May 7, 2025:
🔥 76,000,000 CFX burned
Tokens permanently removed from circulation.🔒 500,000,000 CFX staked
Unlocked and staked to support network… pic.twitter.com/YG54hOr3g2— Conflux Network Official (@Conflux_Network) May 8, 2025
The token peaked at $1.72 on March 27, 2021, and fell to its lowest point at $0.021852 on December 30, 2022. Since CFX is currently around 95% below its peak value, there is a high chance of growth if market conditions become favorable.
After major agreements and ecosystem expansions were announced in early 2023, the platform’s price increased by more than 240%, demonstrating its strong performance. The integration with Little Red Book, China’s equivalent of Instagram, significantly increased user engagement and token value, enabling users to display NFTs produced on Conflux.
3. Synthetix (SNX)
Synthetix’s distinctive selling point is its capacity to offer decentralized exposure to a broad range of assets via synthetic tokens. By eliminating the need for middlemen, this strategy gives consumers a more convenient and effective way to trade and invest. The platform’s synthetic assets boast greater liquidity and significance thanks to their connection with different DeFi protocols.
The platform just introduced the 420 Pool in an effort to restore the sUSD stablecoin’s peg to $1. This initiative delivers 5 million SNX in staking rewards that are locked until April 2026 and offers up to 18 million sUSD in support, with an annual yield target of about 20%. To continue earning debt forgiveness and benefits, participants must deposit at least 10% of their initial debt in sUSD by May 12. This tactic aims to strengthen protocol stability by lowering the amount of sUSD in circulation.
No Michael, your debt is not burnable.
➡️4 Days left for those who do have a 420 debt position.
(you know who you are) https://t.co/pRyZwt0zBr pic.twitter.com/lh0GcMsKlN
— Synthetix ⚔️ (@synthetix_io) May 9, 2025
The coin’s market value is approximately $271.82 million, and its trading volume is $70.13 million over a 24-hour period. There is still a significant possibility for growth if market conditions improve, since SNX is still over 97% behind its all-time high of $28.63, which was hit on February 14, 2021, despite this recent spike.
Besides the 420 Pool, Synthetix has also launched “Synthetix Accounts,” which allows one-click, gasless trading using a smart wallet. Perpetual traders benefit from this innovation’s improved user experience and streamlined onboarding procedure.
4. Optimism (OP)
Optimism is a Layer 2 scaling solution for Ethereum that aims to improve the network’s functionality by lowering expenses and speeding up transactions. Optimism addresses the network’s drawbacks, like expensive gas prices and sluggish transaction speeds, by processing transactions off-chain while preserving Ethereum’s security through the use of optimistic rollups.
The initiative can offer quicker and less expensive transactions without sacrificing security. Thanks to its compatibility with Ethereum, developers can easily convert existing decentralized applications (dApps). The platform’s users benefit from increased liquidity and applicability due to its integration with many DeFi protocols.
A Superchain network, and one of the fastest growing new chains in crypto, @unichain, has surpassed $1B in TVS.
Total Superchain TVS = $19B
The entire Superchain is growing at breakneck speeds.
Onwards. https://t.co/RdqWTlwRCP
— optimism.eth (@Optimism) May 9, 2025
OP is currently trading at about $0.74, up 17.72% over the previous day. The token’s 24-hour trading volume is $307.85 million, and its market capitalization is approximately $1.23 billion. Despite this recent upswing, OP is still over 80% below its peak, suggesting significant potential for expansion should the market turn out positive.
Andreessen Horowitz (a16z) has made a substantial investment of about $90 million in the Optimism ecosystem, demonstrating its dedication to the Ethereum Layer 2 solution. To further broaden the platform’s ecosystem, cLabs is also creating Celo, an Ethereum Layer 2 on Optimism’s OP Stack.
5. BTC Bull (BTCBULL)
The sharp rise of Bitcoin beyond $100,000 has rekindled interest in the cryptocurrency market, and BTC Bull, a new meme coin that is attracting investors’ attention, is at the center of this frenzy. BTC Bull, which raised more than $5.4 million in its presale, is not only following the Bitcoin trend but also accelerating it.
Guess who's back mfs 🐂🔥 #BTC pic.twitter.com/3tVjIXAmMj
— BTCBULL_TOKEN (@BTCBULL_TOKEN) May 8, 2025
BTCBULL distinguishes itself by offering holders a chance to receive Bitcoin airdrops when the cryptocurrency hits particular price benchmarks, such as $150,000 and $200,000. This function offers a source of passive income that is directly correlated with Bitcoin’s performance.
The token’s presale uses a dynamic pricing methodology to reward early investors with reduced prices and greater eligibility for airdrops. This strategy has spurred tremendous expansion, with the presale raising over $5.4 million.
In the present cryptocurrency market, BTCBULL is an attractive investment due to its distinctive fusion of meme culture and material benefits. As Bitcoin keeps growing, its cutting-edge features and robust community support point to a bright future.
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