{"id":593835,"date":"2024-11-01T10:07:24","date_gmt":"2024-11-01T10:07:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=593835"},"modified":"2024-11-01T10:07:24","modified_gmt":"2024-11-01T10:07:24","slug":"5-best-cheap-cryptocurrencies-to-buy-under-1-dollar-november-1-ethena-kaia-klaytn-aelf","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cheap-cryptocurrencies-to-buy-under-1-dollar-november-1-ethena-kaia-klaytn-aelf","title":{"rendered":"5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar November 1 \u2013 Ethena, Kaia, Klaytn, aelf"},"content":{"rendered":"

Bitcoin’s volatility has reached unprecedented levels in Japan, with the BTC-JPY pair overtaking BTC-USD in terms of 90-day realized volatility. This development signifies the first occurrence since 2022 in which BTC-JPY has shown greater volatility than its U.S. equivalent. Recent market conditions in Japan, particularly in the aftermath of last week’s general elections, have significantly contributed to this change.<\/span><\/p>\n

The current projections suggest that altcoins may soon experience a rally, especially given the current market outlook. In light of this, investors are searching for affordable tokens, particularly the <\/span>best cheap crypto to buy now under 1 dollar.<\/span><\/p>\n

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

As of now, Ethena’s ENA token is valued at $0.351879, representing a slight decline of 0.06% in the last 24 hours. In contrast, KAIA (Kaia) has shown strong performance among the recent listings on Binance, with a significant rise of 17.21%, bringing its price to $0.1471. <\/span><\/p>\n

Meanwhile, Klaytn (KLAY) is trading at $0.132619, marking a 4.68% increase over the same period. Additionally, the aelf dAppChain has made substantial contributions to improving Web3 experiences on Telegram. In the broader market, <\/span>Bitcoin has paused its upward momentum<\/span><\/a> after nearing its all-time high.<\/span><\/p>\n

1. Ethena (ENA)<\/b><\/h3>\n

Ethena is a synthetic dollar protocol built on Ethereum. It offers a crypto-native approach to a dollar-based asset that operates independently of the traditional banking system. Additionally, Ethena provides a globally accessible savings instrument called the “Internet Bond,” which is denominated in dollars.<\/span><\/p>\n

Currently, the price of Ethena’s ENA token is $0.351879, showing a slight decrease of 0.06% over the past 24 hours. In terms of recent performance, ENA’s price has closed higher than it opened 50% in the past 30 days. This indicates moderate positive momentum along with strong liquidity relative to its market cap.<\/span><\/p>\n

\"ENA<\/p>\n

Looking ahead to November 2024, market trends suggest a potential shift, possibly driving ENA to a high of $1.229878. On the lower end, forecasts place it around $0.365039. Should the token trend toward the upper range, this would represent a potential 249.45% gain from today’s price.<\/span><\/p>\n

\"ENA<\/p>\n

Projections estimate ENA trading between $1.119788 and $1.708747 in December 2024. With an anticipated average of $1.437459, this growth would yield an approximate return of 385.52%, assuming ENA follows these predictions.<\/span><\/p>\n

2. Kaia (KAIA)<\/b><\/h3>\n

Recently, KAIA (Kaia) has emerged as a strong performer among Binance’s new listings, experiencing a notable increase of 17.21%, bringing its price to $0.1471. This price movement reflects significant buying interest in the asset. Currently, KAIA holds a market capitalization of approximately $799.75 million, with a slight increase of 1.37%.<\/span><\/p>\n

In terms of trading activity, the 24-hour volume reached $130.90 million, marking a substantial rise of 494.31%. The fully diluted valuation (FDV) is also around $799.63 million. The volume-to-market cap ratio stands at 17.68%. KAIA has a total supply of 5.86 billion tokens, with the entire supply currently in circulation.<\/span><\/p>\n

\"KAIA<\/p>\n

Looking ahead to November 2024, market predictions indicate a possible upward trend for KAIA. Analysts forecast a potential increase in price to around $0.260664, with an expected range between $0.134377 and $0.444057. If investors buy KAIA at the current price and sell at the predicted levels, they could see a return on investment of approximately 225.08%.<\/span><\/p>\n

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Kaia Square v1.2 is here! Some cool updates we’ve rolled out to make your experience smoother and more intuitive.<\/p>\n

🟩 https:\/\/t.co\/ZMU6k0cMIP<\/a><\/p>\n

A quick breakdown of what's new: 🧵⬇️ pic.twitter.com\/iMr01ADxda<\/a><\/p>\n

— Kaia (prev. Klaytn & Finschia) (@KaiaChain) November 1, 2024<\/a><\/p><\/blockquote>\n