{"id":559455,"date":"2024-08-01T11:49:45","date_gmt":"2024-08-01T11:49:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=559455"},"modified":"2024-08-01T11:49:45","modified_gmt":"2024-08-01T11:49:45","slug":"5-best-cheap-crypto-to-buy-now-under-1-dollar-chromia-skale-chiliz","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cheap-crypto-to-buy-now-under-1-dollar-chromia-skale-chiliz","title":{"rendered":"5 Best Cheap Crypto to Buy Now Under 1 Dollar – Chromia, SKALE, Chiliz"},"content":{"rendered":"

The crypto market is recovering from its lows, as most of the tokens are priced in green. Notably, the fear and greed index stays at 60, indicating greed in the market. Sooner or later, traders are anticipating a potential bull run. In the past 24 hours, the global crypto market cap has witnessed an increase of 2.15% to $2.8 trillion before retracting. <\/span><\/p>\n

The total crypto market volume remains at $63.8 billion, which marks a 28.45% decline. However, traders are observing the market volatility, and some cryptocurrencies have captured the top gainers spot with their exceptional performance. Let’s check out the <\/span>best cheap crypto to buy under 1 dollar<\/span><\/a>.  <\/span><\/p>\n

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

Many low-priced tokens have outperformed high-cap tokens in terms of price increases. SKALE is a notable example, demonstrating significant potential and delivering substantial profits to early investors. Also, we made a comprehensive analysis of two presale tokens, <\/span>Pepe Unchained<\/span><\/a>, and <\/span>PlayDoge<\/span><\/a>, and showed why they are worth considering.<\/span><\/p>\n

Today’s review explores the profit potential analysis of SKALE, Chromia, and Chiliz. These tokens are currently trading below 1 dollar, with notable surges of 7% to 15% observed in the past 24 hours alone, indicating promising investment opportunities. These price surges are remarkable, given the general mixed sentiment prevalent in the market today. <\/span><\/p>\n

1. SKALE (SKL)<\/b><\/h2>\n

SKALE is a modular blockchain network designed to enhance Ethereum’s scalability. It achieves this by providing an unlimited number of fast, secure blockchains with zero gas fees. These blockchains, known as SKALE chains, can be customized or shared among different decentralized applications (DApps). <\/span><\/p>\n

This setup allows DApps to function in a decentralized, modular cloud environment, offering faster and more cost-effective execution of Solidity smart contracts. This is particularly advantageous for projects such as games and streaming services. Meanwhile, SKALE has released the Pacifica V3 upgrade, which significantly increased block mining speed by 108% and transaction throughput by 122%. This upgrade enhances the overall performance of the network, enables support for EIP-1559 transactions, and improves contract functionality. <\/span><\/p>\n

\"SKALE<\/p>\n

Consequently, SKALE can now process over 300 transactions per second, with block mining times reduced to under 2 seconds. Additionally, in June alone, SKALE saved users approximately $400 million in gas fees while facilitating around 55 million transactions. These substantial improvements have increased demand and utility for the SKL token, as further detailed below.<\/span><\/p>\n

In the last 24 hours, SKALE’s price has risen by 1.70%, reaching $0.05082. The token also has a strong liquidity ratio of 0.1902 and a Greed and Fear Index of 76, indicating “Greed”. Over the past year, SKALE’s price has increased by 70%, outperforming half of the top 100 crypto assets. Furthermore, the token has posted 25 green days in the last 30 days.<\/span><\/p>\n

2. PlayDoge <\/b>(PLAY)<\/b><\/h2>\n

PlayDoge<\/span><\/a>, a prominent play-to-earn (P2E) meme coin, has quickly raised almost $5.9 million during its presale phase. The presale started with a swift $200,000 raise within minutes and then skyrocketed 25 times. This rapid growth highlights PlayDoge’s strong potential to become a significant player in the meme coin market.<\/span><\/p>\n