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As the Bitcoin halving event approaches, market sentiment is characterized by heightened greed, which ranks 83rd due to the current increase in transaction rates. This surge in activity coincided with a notable increase in trading volume and a significant rise in the altcoin market.
In this environment, traders look for strategic entry points and potential investment opportunities, especially cheap tokens. However, it takes significant time and effort to sift through numerous low-cost cryptocurrency assets to identify the most promising ones. Therefore, in this article we will try to simplify this process by curating a list of cryptocurrencies with a price below $1.
5 Cheapest Cryptocurrencies You Can Buy for Less Than $1 Right Now
This analysis provides an insightful perspective for traders looking to evaluate the growth potential of various tokens. Many tokens priced below $1 are trending upward and present attractive investment prospects. Additionally, eTukTuk generated over $2.3 million, showing favorable results through increased adoption. meantime, Bitcoin continues to declineIt fell below $68,000 and losses widened from the weekend.
1. Pepper (PEPE)
PEPE’s recent close ended with a green candlestick, according to data from CoinMarketCap. On a weekly basis, the coin recorded 172.92%, increasing investor interest. Pepe’s green imprint extended further back, rallying 710.26% last month and hitting 12,761.65 YTD. This increase in value makes PEPE one of the best tokens to consider in 2024.
Moreover, PEPE’s bullish sentiment is evident in its price forecast and fear and greed indices. The Greed score, currently at 79, indicates that Pepecoin transactions are in progress. Likewise, technical indicators confirm the bullish sentiment, with PEPE trading 536.63% above its 200-day simple moving average (SMA).
Moreover, PEPE’s growth potential remains high, with a green day of 18/30 and a price volatility of 79.23% over the past month. Additionally, PEPE’s market capitalization increased by 3.91% to $2.94 billion. Likewise, 24-hour trading volume surged 43.89%, reaching $1.49 billion, indicating high liquidity and investor interest.
On this note, analysts are optimistic that Pepe will grow further, predicting that he will reach $0.000008742 by 2025. It is then expected to increase by 226.33% by 2030, reaching $0.00002470. Overall, PEPE’s recent performance and positive market sentiment and technical indicators suggest a promising future for the token. Therefore, investors looking for opportunities should consider PEPE as it is one of the cheapest cryptocurrencies that can currently be purchased for less than $1.
2. VeChain (VET)
The VeChain Hackathon concluded with the unveiling of many innovative projects aimed at transforming decentralized applications (dApps) in the VeBetterDAO ecosystem. These initiatives promise to improve sustainability and foster technological advancement within the VeBetter ecosystem.
The VeChain Hackathon highlighted creative ideas to transform the VeBetterDAO platform and drive sector innovation. This event follows the introduction of VeChain’s new SDK, which streamlines the dApp development process and drives VET adoption.
The introduction of the VeBetterDAO platform represents a significant leap forward. It aims to strengthen community involvement, encourage participation and foster sustainability. This move is closely aligned with the innovative principles outlined in the Web3 for Better initiative, a joint effort with Boston Consulting Group.
Over the past year, VeChain has seen its price surge by an incredible 70% as it continues to trade above its 200-day simple moving average. Additionally, VeChain is showing high liquidity based on market capitalization, with 15 green days in the past 30 days.
VeBetterDAO’s dApp ecosystem has made tremendous progress thanks to its amazing spirit. @EasyA_app X #VChain Hackathon!
Among many amazing projects, automotive-themed @BCG Shining Track Winners: pic.twitter.com/0hpztfIEpn
– VeChain (@vechainofficial) March 18, 2024
Moreover, VeChain’s market performance has mixed views at its current price of $0.040264. The sentiment surrounding VeChain’s price prediction remains bearish, with a slight 2.47% increase in the last 24 hours. Nonetheless, the Fear and Greed Index is at 79, which could reflect increased trading, which could push prices higher.
3. Stellar (XLM)
Stellar Development Foundation (SDF), the long-awaited Soroban smart contract platform, has been released on the Stellar network. The unveiling marks a pivotal moment in the project’s 10-year journey and marks a notable upgrade.
Soroban’s mainnet phase 2 has been officially launched after a rigorous two-year testing phase. This opens up an era of decentralized applications (dApps) for users to use, opening up new horizons for developers. It provides a new way to deploy smart contracts and expand the application ecosystem on the Stellar blockchain.
Moreover, XLM’s market performance is steadily rising and its current price is $0.127188. In the last 24 hours, the price of XLM has increased slightly by 1.40%. Additionally, its market capitalization increased by 1.61% to $3,657,201,531. Additionally, trading volume soared 144.08%, reaching $308,880,912.
The countdown has begun. Only 1 hour left until the live celebration begins 🥳
Join us as we learn more about the path to mainnet, discuss the historical significance of this day, and explore new opportunities for developers at Stellar.
special guest from #mainly In the ecosystem…
— Stellar (@StellarOrg) March 19, 2024
Moreover, Stellar is currently trading above its 200-day simple moving average (SMA) of $0.120673. This indicates a bullish trend, with Stellar trading 5.40% above its 200-day SMA. After analyzing recent trends, Stellar has experienced 18 green days out of the last 30 days, resulting in a performance rate of 60%. Additionally, Stellar boasts high liquidity based on market capitalization, increasing investor confidence in its long-term viability.
4. Ituk Tuk (TUK)
eTukTuk’s The focus on advancing environmentally sustainable initiatives has resonated with investors and users seeking to support ecological goals. ETukTuk’s presale exceeded $2.3 million in TUK, and the price is gradually rising. The current price is $0.0285, and TUK tokens can be purchased using BNB, USDT, or credit/debit cards.
Additionally, investors are offered an attractive opportunity to stake their tokens, potentially earning up to 110% APY returns. Over 45,292,763 million TUK tokens have already been staked, indicating a significant level of engagement within the community.
New and emerging AI tokens filled with AI technology are poised for growth in 2024. @Economic Times
Find out more here: https://t.co/tYrd4BLeKR
— eTukTuk (@eTukTukio) March 15, 2024
After the reservation ends, Ituktuk We plan to list TUK on major exchanges to enhance liquidity and accessibility. Enthusiasts in the Project Telegram community are therefore optimistic about these listings and speculate that eTukTuk’s eco-friendly initiatives may drive demand for TUK tokens. Given the current momentum in pre-sales, eTukTuk appears well-positioned to reach its hard cap target of $10.7 million, which represents progress toward realizing its outlined roadmap goals.
Visit eTukTuk Presale
5. JAMSY
Jasmy continues its upward trend and is receiving great attention from investors. In today’s trading session, Jasmy is trading at $0.018621 after gaining 7.35%. The rally is consistent with the bullish sentiment in the market, with the trade pushing the greed score to 79.
Jasmy has seen remarkable growth over the past year, with a price increase of 292%. Trading 301.14% above its 200-day SMA, Jasmy is currently showing strong momentum.
Recently, impersonation communities and accounts have been increasing. #jasmi and #Janction.
There are several communities related to this. $JasmyEssentially, there is only one Jasmy & Janction community.
Everyone please be careful.@JanctionMGT https://t.co/VKnA2zlr6M— Jasmy-MGT (@JasmyMGT) March 2, 2024
With a strong foundation and dedicated community, Jasmy has tremendous potential for future growth. Analysts predict that Jasmy’s price could surpass $0.0192 by 2024, with a potential collaboration coming soon. This optimism is further strengthened by the project’s high liquidity, backed by its significant market capitalization.
Learn more
Green Bitcoin – Gamified Green Staking
- Coinsult’s contract audit
- Early Access Presale Now Live – greenbitcoin.xyz
- Profit Forecast – Cointelegraph Feature
- Staking Rewards and Token Bonuses
- More than $6 million raised
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