{"id":608468,"date":"2024-12-09T17:44:26","date_gmt":"2024-12-09T17:44:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=608468"},"modified":"2024-12-09T17:44:26","modified_gmt":"2024-12-09T17:44:26","slug":"5-best-cheap-cryptos-to-invest-now-under-1-dollar-december-8-telcoin-vechain-spx6900-ecash","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cheap-cryptos-to-invest-now-under-1-dollar-december-8-telcoin-vechain-spx6900-ecash","title":{"rendered":"5 Best Cheap Cryptos to Invest Now Under 1 Dollar December 8 \u2013 Telcoin, VeChain, SPX6900, eCash"},"content":{"rendered":"

Marathon Digital, a Bitcoin mining company based in the United States, has added 1,300 BTC to its holdings. This purchase comes after Bitcoin briefly surpassed the $100,000 mark before retreating to $99,200 at the time of writing. According to data from CoinGecko, Marathon now holds the second-largest corporate Bitcoin holder position, with only MicroStrategy ahead.  <\/span><\/p>\n

Blockchain analysis platform Lookonchain reports that the recent acquisition cost the company $130.66 million. A few days prior, Marathon purchased another 1,423 BTC for $139.5 million. These two transactions total $270.12 million at the current Bitcoin price. Meanwhile, investors are also searching for affordable tokens, particularly the <\/span>best cheap crypto to buy now under 1 dollar<\/b>.<\/span><\/p>\n

5 Best Cheap Cryptos to Invest Now Under 1 Dollar<\/b><\/h2>\n

Telcoin (TEL) is valued at 0.006722, marking a 4.03% rise in the past 24 hours. VeChain (VET) is trading at $0.06944, reflecting a 2.32% gain during the same period. SPX6900 is priced at $0.7498, recording a 3.85% increase over the last day. Meanwhile, eCash holds the 114th spot in market rankings, with a current price of $0.00005384.  <\/span><\/p>\n

Flockerz ($FLOCK) has successfully raised over $5.1 million in its presale just two months after its launch. In other developments, <\/span>Donald Trump<\/span><\/a> has selected former SEC Commissioner Paul Atkins to lead the agency.<\/span><\/p>\n

1. Telcoin (TEL)<\/b><\/h3>\n

Telcoin (TEL) is priced at 0.006722, showing a 4.03% increase in the last 24 hours. The token’s market capitalization has risen by 4.33%, reaching 616.70 million, while its daily trading volume is approximately 3.66 million. This gives a volume-to-market cap ratio of 0.5953%, indicating moderate trading activity.<\/span><\/p>\n

Over the past year, Telcoin’s price has grown by 157%. It has outperformed 63% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token is trading well above its 200-day simple moving average, currently at 0.001789. It maintains a premium of 275.73% over this level, suggesting a continuation of its bullish momentum.<\/span><\/p>\n

\"TEL<\/p>\n

Current market sentiment is also positive. The Fear & Greed Index is at 79, which reflects an “Extreme Greed” level. Over the last 30 days, Telcoin has seen 19 green days, indicating positive movement during 63% of this period.<\/span><\/p>\n

By December 2024, Telcoin is expected to trade within a range of 0.006729 to 0.006894, with an average price near 0.006803. If this forecast is accurate, investors could see a potential return of 2.55% from the current price levels.<\/span><\/p>\n

2. VeChain (VET)<\/b><\/h3>\n

VeChain (VET) has introduced the Renaissance Protocol, an upgrade designed to position its blockchain for broader adoption and adapt to evolving technological demands. This initiative focuses on enhancing tokenomics, improving compatibility with Ethereum, and offering new tools to attract developers and institutions.<\/span><\/p>\n

In a recent announcement via X, VeChain unveiled the “VeChain Renaissance” initiative. The goal is to modernize its blockchain ecosystem and align it with global industry standards. These updates aim to improve the platform’s utility and expand its potential for real-world applications.<\/span><\/p>\n

\"VET<\/p>\n

The changes include restructured tokenomics, which seeks to enhance the blockchain’s economic model. Additionally, VeChain has improved its interoperability with Ethereum, which could broaden the ecosystem’s connectivity. New tools have also been introduced, targeting greater accessibility for developers and businesses.<\/span><\/p>\n

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https:\/\/t.co\/7M6hfmKdNG<\/a><\/p>\n

— VeChain (@vechainofficial) December 5, 2024<\/a><\/p><\/blockquote>\n