{"id":452379,"date":"2023-10-28T12:35:10","date_gmt":"2023-10-28T12:35:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=452379"},"modified":"2023-10-28T12:35:10","modified_gmt":"2023-10-28T12:35:10","slug":"7-best-cheap-crypto-to-buy-now-under-1-dollar-in-october-2023","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/7-best-cheap-crypto-to-buy-now-under-1-dollar-in-october-2023","title":{"rendered":"7 Best Cheap Crypto to Buy Now Under 1 Dollar in October 2023"},"content":{"rendered":"

These are the <\/span>best affordable tokens to invest<\/span><\/a> in for October 2023, all priced under $1. They offer potential opportunities for budget-friendly crypto investments.<\/span><\/p>\n

The decentralized finance (DeFi) sector currently represents $3.42 billion in 24-hour volume, constituting approximately 10.07% of the total cryptocurrency market volume. This data underscores the prominence of DeFi projects within the broader cryptocurrency ecosystem.<\/span><\/p>\n

Furthermore, stablecoins, <\/span>digital assets pegged to traditional fiat currencies<\/span><\/a>, significantly contribute to the market’s trading volume. Stablecoins account for $30.79 billion, equivalent to 90.66% of the total cryptocurrency market’s 24-hour trading volume. This highlights the utility and popularity of stablecoins for various use cases, including trading and transferring value.<\/span><\/p>\n

7 Best Cheap Crypto to Buy Now Under 1 Dollar<\/b><\/h2>\n

These data points provide a snapshot of the current state of the cryptocurrency market, including the role of DeFi and stablecoins. Investors and enthusiasts may find this information valuable for tracking market trends and making informed decisions within the cryptocurrency space.<\/span><\/p>\n

1. Fantom (FTM)<\/b><\/h3>\n

The Fantom Foundation recently unveiled improvements and enhancements to its blockchain network. This upgrade aims to enhance network performance and accessibility notably.<\/span><\/p>\n

\"FTM<\/p>\n

Moreover, Sonic’s upgrade aims to reduce database storage requirements by approximately 90%. This reduction can lead to more efficient resource utilization and a more streamlined blockchain infrastructure. Also, the collateral requirements for stakers will be lowered to 50,000 FTM tokens, potentially encouraging greater participation in the network.<\/span><\/p>\n

\n

4\/<\/p>\n

The unity of reduced operational costs and lowered validator staking requirements (now just 50,000 $FTM<\/a>) has made it more accessible than ever to participate in securing the network!<\/p>\n

As always, #Fantom<\/a> plays a pivotal role in making blockchain tech more accessible.<\/p>\n

— Fantom Foundation (@FantomFDN) October 27, 2023<\/a><\/p><\/blockquote>\n