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With the Bitcoin Halving starting in 41 days, the overall Fear/Greed score has risen to 89 as transaction rates increase. This uptick in activity has also led to higher trading volumes, with the positive market outlook pushing inventors to update their portfolios.
Additionally, traders are looking for cost-effective market entry points and promising investment opportunities, focusing primarily on affordable tokens. However, identifying the most promising, low-priced crypto assets takes a lot of time and effort. This article compiles a list of cryptocurrencies priced under one dollar to streamline this process.
6 best cheap crypto to buy now under 1 dollar
This review provides valuable insights for traders looking to assess the growth potential of different tokens. Several tokens, some of which cost less than $1, are currently on an uptrend, providing opportunities for investors to enter the market. Moreover, Bitcoin Minetrix is showing promising results as it approaches the close of presale phase 30. Moreover, the first Leveraged Bitcoin ETF has nearly $1 billion in assets.
1. Sei (SEI)
With Altcoin’s current surge, the SEI token has quickly attracted attention with its recent price increase. Over the past 24 hours, SEI has seen a notable rally of 14%, peaking at $0.9577. This price increase was accompanied by an 80% increase in trading volume, indicating growing interest among traders.
Furthermore, SEI’s announcement of its v2 upgrade has reinforced the bullish sentiment surrounding it. This upgrade simultaneously introduces support for both CosmWasm and the EVM execution environments. Likewise, it promises to improve transaction speed and increase the network’s capacity to process thousands of transactions per second, ultimately leading to a faster time to finality.
Additionally, SEI has quickly risen to become a top 100 token project by market cap, indicating greater adoption. With SEI trading near its cycle high and boasting high liquidity based on its market capitalization, investors are keeping a close eye on the project’s trajectory. With the community showing increasing interest and investment in SEI, there is potential for the token to reach new heights in the market.
2. Conflux CFX
Conflux Network recently partnered with AnchorX, a fintech company in Hong Kong. Together, the goal is to launch a stablecoin called axHKD, pegged 1:1 to the Hong Kong Dollar. The stability of the stablecoin will be ensured by backing it with liquid assets in trust agreements. These schemes are overseen by regulated financial institutions, including Hony Capital, a major private equity firm with assets totaling US$13 billion.
This announcement drives up CFX’s price and overall positive outlook. CFX, Conflux Network’s proprietary cryptocurrency, has grown significantly as market acceptance increases. The price is currently $0.335479, up 4.71% in the last 24 hours and 81% in the last year.
Introducing AxHKD, the Hong Kong Dollar-backed stablecoin!
Conflux is facilitating the beta testing of the Hong Kong Dollar-backed stablecoin, AxHKD, on its platform.@AnchorX_Ltd aims to dominate the Asian digital currency landscape by providing reliable global exchanges. AxHKD… pic.twitter.com/4RGpQ8uMH7
— Conflux Network official (@Conflux_Network) March 8, 2024
Meanwhile, CFX is trading well above its 200-day moving average, indicating a bullish trend. Furthermore, Conflux has consistently performed well, with 19 of the past 30 days being green. The high liquidity indicates strong trading activity, as reflected in the market capitalization.
3. Pyth Network (PYTH)
Laser Digital, the digital arm of Nomura, collaborates with Pyth Network. This partnership signifies Laser Digital’s commitment to improving the accessibility of financial market data through DeFi.
To start, Laser Digital will provide crypto price data to Pyth Network. The latter currently hosts more than 400 price feeds covering various asset classes such as digital assets, stocks, ETFs, foreign exchange and commodities. This strategic move aligns with the industry’s shift towards blockchain technology, which requires high-frequency, low-latency on-chain data to support advanced DeFi applications.
Meanwhile, Pyth Network is in the green, with a price of $0.708357. This rally marks a 7.27% increase in the past 24 hours as buying pressure begins to increase. The sentiment surrounding Pyth Network’s price forecast is bullish, with the Fear & Greed Index indicating an Extreme Greed level of 81.
There have been 17 green days in the last 30 days, accounting for 57% of the period, indicating a trading environment near the highest point in the cycle. Furthermore, Pyth Network exhibits high liquidity based on its market capitalization. Overall, the partnership between Laser Digital and Pyth Network offers promising prospects for crypto investors.
4. Cronos (CRO)
The Cronos has recently witnessed an upswing, apart from the previous downward trend. Since January 24, when it fell to $0.076, the token has risen by a whopping 81.5%, reaching $0.138 on March 4. Furthermore, it has risen 41.93% to $0.1636 over the past seven days. This remarkable turnaround aligns with the current rally sweeping the market and Cronos’ continued growth.
Notably, Fulcrom Finance on the Cronos network surpassed $1 billion in TVL on February 1. Additionally, on February 22, Cronos unveiled version 1.0 of its lite paper, outlining plans for the upcoming zkEVM launch. This release outlined key features such as scalability, shared liquidity across hyperchains, yield-bearing crypto assets, and native account abstraction.
In addition, attention was paid to upcoming initiatives such as testnet quests and proof of participation for early adopters of #CROFam. Therefore, experts are optimistic about CRO and expect the coin to continue its upward trend. Therefore, the CRO is predicted to rise above $0.200 soon.
We’re getting ready for launch #Kronos zkEVM as a zero-knowledge layer 2 blockchain on top of the Ethereum mainnet. Today we are happy to release version 1.0 of the Litepaper.
⏩️ Scalability and modular data availability
???? Shared liquidity between hyperchains
???? Yield bearing… pic.twitter.com/MjGifwHh5u
— Cronos (@cronos_chain) February 22, 2024
This optimism is fueled by several factors, including the token’s impressive performance over the past year. The coin outperformed 56% of the top 100 coins on a YTD basis and consistently traded above its 200-day moving average. Furthermore, Cronos (CRO) has experienced 20 of the last 30 green trading days, indicating positive momentum.
5. Bitcoin Minetrix (BTCMTX)
During the ongoing rally in the crypto market Bitcoin Minetrixs the pre-sale attracted a lot of attention and raised an impressive $11.9 million. The project aims to improve BTC mining by addressing common issues such as high hardware costs and fraudulent activities. Through Bitcoin Minetrix, users can stake their BCMTX tokens to access cloud mining credits, promising a secure and hassle-free mining experience.
Unlike traditional mining methods, Bitcoin Minetrix offers attractive features including a low-cost entry point with no minimum purchase requirements. Additionally, the platform emphasizes user-controlled risk management, allowing for seamless withdrawal and selling options.
Only 3 days left until stage 30 of #BitcoinMinetrix concludes!
How does mining hardware latency affect mining efficiency? ???? pic.twitter.com/Rb8sPXxERW
— Bitcoinminetrix (@bitcoinminetrix) March 8, 2024
Bitcoin Minetrixs the presale has reached phase 30, with a remarkable 719,958,114 BTCMTX tokens staked, with an impressive APY of 58%. Since each token costs $0.0138, investors can take advantage of the current price before an expected increase in value the next day. This provides an attractive window for investors looking to explore innovative solutions in the mining sector.
Visit Bitcoin Minetrix Presale
6. Dogecoin (DOGE)
The recent rise in the number of Dogecoin millionaires has caught the attention of the crypto community. This marks a major milestone for the meme coin. According to data from IntotheBlock, the number of addresses with over $1 million in DOGE has skyrocketed by a remarkable 76% in just 30 days, surpassing the milestone of 1,000 Dogecoin millionaires.
This increase in wealth accumulation among Dogecoin holders coincides with the coin’s impressive market performance. Over the past year, the price of Dogecoin has risen by as much as 137%. It has outperformed 55% of the top 100 crypto assets. Furthermore, Dogecoin is trading well above its 200-day simple moving average at $0.085249, indicating a significant uptrend.
Moreover, Dogecoin has demonstrated its resilience in the market. It has recorded 19 of the past 30 days as green days. This indicates positive trading sentiment among investors. Furthermore, Dogecoin has high liquidity based on its market capitalization. This adds to its appeal among traders and investors.
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