Crypto Gloom

Jan 28 7 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

Crypto Companies News
By Crypto Gloom

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Cheap tokens can be a smart choice for investors looking for a good deal in cryptocurrency. Insidebitcoins regularly lists the cheapest cryptocurrencies priced under $1. This is a great option for investors who want an inexpensive option to enter the market.

7 Cheapest Cryptocurrencies You Can Buy for Less Than $1 Right Now

Once we’ve identified cheap and promising tokens, we’ll bring you a curated list of “7 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1.” This token is positioned as the next game changer for investors. In the rapid transition to the cryptocurrency scene, cryptocurrency price Bitcoin is poised for a comeback, surging 5% to end the week.

1. Lolbit Coin (RLB)

Esports organization FaZe Clan has formed a significant partnership with cryptocurrency platform Rollbit. RLB’s collaboration is a forward-looking step in esports sponsorship. Rollbit will therefore sponsor FaZe’s Counter-Strike 2 team globally, highlighting the convergence of esports and cryptocurrency.

RLB price chartRLB price chart

Additionally, this collaboration represents the growing synergy between esports and cryptocurrency by leveraging FaZe’s gaming excellence to drive token adoption. Likewise, this marks a move away from traditional esports sponsorships through esports integration with cryptocurrency promotion platform Rollbit.

However, Rollbit Coin’s price prediction is currently tilted. Nonetheless, the impending strength means investors are holding on now, as reflected in the neutral Greed&Fear index. Nevertheless, Lolbit Coin has achieved remarkable performance, recording a price increase of 451% over the past year. Furthermore, RLB outperformed 94 of the other top coins in terms of performance.

Additionally, trading activity on Rollbit Coin is active, above its 200-day average and near cycle highs, indicating continued momentum. This makes it an attractive investment option for those seeking growth opportunities.

2. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is actively revolutionizing Bitcoin cloud mining through its innovative Stake-to-Mine mechanism based on smart contracts. This groundbreaking approach solves common problems with traditional cloud mining. It also achieves this by allowing users to stake and burn tokens to mine hashing power on the secure Ethereum platform.

As expectations for a price surge increase as the Bitcoin halving event approaches, Bitcoin Minetrix plans to actively launch tokens. This launch could increase its value by 10x to 12x.

Moreover, the true potential is BTCMTX Tokens will be actively realized as the Stake-to-Mine dashboard becomes active. This will allow users to actively earn rewards with BTCMTX tokens during the pre-sale phase. Additionally, as the project gains momentum, investors can actively participate in stakeholder activities to strengthen platform engagement.

3. Phantom (FTM)

Phantom (FTM) remains stable at $0.30, showing resilience and signaling a potential upward trajectory. Investors are therefore targeting the local milestone of $0.60, with optimistic expectations of a surge to $3 in the next bullish cycle.

FTM price chartFTM price chart

In the fourth quarter of last year, FTM’s market capitalization surged 140%, reaching $1.3 billion, outperforming the entire cryptocurrency market. Additionally, sales showed a solid 63% increase compared to the previous year. However, this was primarily driven by the launch of the Fantom Inscription FRC-20 in the fourth quarter. In particular, November 23, 2023 broke the record for highest daily profit. Fast forward to December, and the testnet launch of the Fantom Sonic builder gives developers a boost to explore. We also help developers experiment with smart contracts to enhance the functionality of Fantom Sonic.

Moreover, FTM’s decentralized finance (DeFi) total value locked (TVL) increased 58% to $81 million. Nonetheless, this is due to the increase in FTM prices and the popularity of newer dApps such as Equalizer Exchange and WigoSwap. Additionally, the first Ecosystem Vault deployment in October resulted in 750,000 FTM distributed across 12 projects, fostering ecosystem growth.

4. BONK

BONK Coin, once hailed as the savior of the Solana ecosystem, is slowly showing its promised performance. Therefore, investors who held on to the airdrop without selling made significant profits as the price reached its peak. However, selling in the all-time high $0.0000348 region prolonged the period of BONK coin price decline.

BONK price chartBONK price chart

After the surge, the price bottomed out at $0.0000095336. If the price again exceeds $0.0000129114, it may rise to $0.0000157978 and $0.0000181316. There is also the possibility of going beyond the final goal and embarking on a journey to recapture the all-time high.

Over the past year, Bonk has achieved a 1,049% increase in value, outperforming 96% of the top 100 cryptocurrency assets. In particular, it is trading above the 200-day simple moving average, indicating a positive trend. Additionally, BONK Coin boasts high liquidity relative to its market capitalization.

5. AXL

Although Axelar’s price forecast sentiment is optimistic, cryptocurrency investors are actively paying attention to Axelar’s potential. Therefore, a neutral 54 means investors remain bullish. Additionally, the circulating supply of AXL tokens is 549.04 million, with an annual inflation rate of 650.75%. Therefore, Axelar has minted 475.9 million AXL tokens over the past year.

AXL price chart AXL price chart

Axelar also surged 50% in price, outperforming 64% of the top 100 cryptocurrency assets. Moreover, it is currently trading above the 200-day simple moving average, indicating a positive trend. With a dedicated cryptocurrency community and strong foundation, Axelar is poised for future success.

Meanwhile, analysts predict that potential collaborations with other networks could allow AXL Coin to surpass $1.73 by 2024. Based on the current optimistic cryptocurrency market trends, the average price of Axelar coins is expected to hover around $1.57 until 2024.

6. All (All)

Centrifuge has been integrated with the Celo blockchain through a cross-chain interoperability project called Axelar. This milestone is a significant achievement for both projects as Centrifuge actively introduces new assets to the Celo ecosystem. This includes assets such as tokenized Treasury bills and carbon credit pools.

full price chartfull price chart

Moreover, this integration is consistent with Centrifuge’s mission to bridge traditional finance and decentralized finance (DeFi). This provides greater accessibility and efficiency when managing real-world assets on blockchain networks. By joining Celo’s network, Centrifuge strengthens the ecosystem’s array of real-world financial solutions. These include platforms such as Jia, Huma Finance, Untangled Finance, and Credit Collective.

Moreover, these developments are consistent with positive sentiment towards the Celo blockchain, as evidenced by its recent price-performance ratio. Currently trading above its 200-day simple moving average, Celo demonstrates its resilience to market fluctuations. Meanwhile, sentiment toward Celo remains balanced, with the Fear and Greed Index hovering near the neutral level of 54.

7. Cardano (ADA)

Cardano has established itself as one of the best tokens under $1, with its price rising 29% over the past year. Currently trading above its 200-day simple moving average and highly liquid by market cap, ADA is actively traded on Binance.

ADA price chartADA price chart

Turning to future predictions, analysts are optimistic about Cardano’s trajectory and predict a bullish trend in 2024. Experts predict that ADA will reach a maximum price of $0.8225 by the end of the year. Additionally, the expected average price range for ADA in 2024 is between $0.6837 and $0.7032.

Therefore, Cardano’s performance metrics and market dynamics present a promising outlook for investors. With supportive network developers and community investors, Cardano remains a strong competitor in the cryptocurrency market.

Learn more

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