Crypto Gloom

Nov 18 6 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1 – Degen, Holo, Casper, Bonk

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Cryptocurrency markets have seen significant surges over the past two weeks, with Bitcoin leading the rally by climbing to $90,000 and achieving record results. Trump’s election victory appears to have had an impact on the broader cryptocurrency market, with prices of several digital assets rising significantly.

This meteoric rise pushed the overall cryptocurrency market cap past $3 trillion, close to the $3.09 trillion record set during the 2021 bull market. Meanwhile, the Crypto Fear and Greed Index reported by CoinMarketCap reached 83 points, signaling a strong shift toward Extreme Greed. As expected, this signals increased optimism among investors during this bullish phase. Given these developments, investors are looking for inexpensive tokens, especially tokens. The cheapest cryptocurrencies you can buy for less than $1 right nowIt takes time and effort.

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

DEGEN is trading at $0.02418, up 85.95% over the past week. Meanwhile, Holo (HOT) is up 4.19% in the last 24 hours and its current price is $0.002159. STRK, the native token of StarkNet, continues to gain momentum as the network’s capabilities increase. Likewise, the price of Bonk (BONK) is $0.00004743, reflecting a significant growth of 79.07% over the past week.

In the meme coin sector, Pepe Unchained (PEPU) garnered considerable attention, raising $35 million in pre-sale, making it the largest initial coin offering (ICO) among meme coins. Meanwhile, many investors are watching closely. Bitcoin Assess the potential trajectory amid new speculation about policy changes under Donald Trump.

1. Dough (dough)

DEGEN was trading at 0.02418, up 85.95% over the past week. Market sentiment surrounding DEGEN is bullish based on a Fear and Greed Index score of 83. This shows the extreme greed of market participants. In the last 30 days, the coin recorded 15 green days, meaning that the closing price was higher than the opening price for half of the trading days.

DEGEN price chart

The November forecast shows notable price increases. According to forecasts, DEGEN may trade between 0.024318 and 0.080791, with an average price of 0.047348.

Degen Tweet

Technical indicators reinforce the current bullish sentiment, with the price of DEGEN expected to rise to 0.078032 by December 18, 2024. Over the past 30 days, the coin has exhibited a price volatility of 51.41%, reflecting the inherent risks associated with cryptocurrency investments.

2. Running (Hot)

Holo provides a distributed computing platform that differs from existing blockchain technologies by eliminating the need for global consensus. This innovative approach improves scalability and energy efficiency, making it ideal for building decentralized applications with increased speed and sustainability.

As of today, Holo (HOT) price is $0.002159, up 4.19% over the last 24 hours. Last year, prices rose 40%, showing steady growth. Market sentiment for HOT appears to be bullish, with the Fear and Greed Index reading 83, indicating “extreme greed.” Additionally, the token is trading 46.15% above its 200-day simple moving average (SMA) of $0.001477, indicating a strong upward trend.

HOT price chart

The token has shown consistent performance last month, with 16 green trading days, accounting for 53% of the period. Its high liquidity relative to its market capitalization further strengthens its position as a viable asset.

3. Starknet (STRK)

STRK, the native token of StarkNet, is evolving as the capabilities of the network evolve. StarkNet, a ZK-Rollup solution designed to scale decentralized applications (dApps), focuses on improving transaction processing speeds and reducing fees. The network plans to quadruple transaction throughput and reduce fees by 80%. This positions StarkNet as a strong contender among Layer 2 solutions, with a particular focus on cost-effectiveness.

STRK price chart

StarkNet aims to achieve over 1,000 transactions per second (TPS). This will put it in line with competitors like Solana, which handles 800 to 1,050 TPS, according to data from Solana Compass.

The price of STRK is at 0.498986, up 7.19% in the last 24 hours. Market indicators suggest bullish sentiment towards the token as the Fear and Greed Index currently stands at 83, indicating extreme greed. Over the past month, STRK has seen positive movement for 15 days, or half of the time.

4. BONK

The price of BONK was 0.00004743, up 79.07% from last week. The market capitalization was $3.56 billion, reflecting 6.32% growth. Meanwhile, 24-hour trading volume increased by 48.28% to 1.53 billion. Investor sentiment surrounding the token is optimistic. This is further supported by Extreme Greed’s score of 83 on the Fear & Greed Index.

BONK price chart

Last year, the price of Bonk soared 1,257%. It also outperformed 88% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token is trading above its 200-day simple moving average, indicating positive long-term momentum. Additionally, it showed steady short-term growth, recording 15 green days out of the last 30 days.

Analysts predict that Bonk will continue its upward trend in November 2024. According to forecasts, the price may reach 0.0001, with an expected range between 0.00005075 and 0.000172. According to these predictions, investors who buy at current levels could earn gains of up to 252.30%.

5. Baby Unchained ($PEPU)

Pepe Unchained (PEPU) gained traction in the cryptocurrency world by raising $35 million during its pre-sale phase, making it the largest meme coin ICO. With only 24 days left until the end of the pre-sale, expectations are growing as the project is about to be launched on the exchange.

The project aims to build an Ethereum layer 2 blockchain tailored for meme coins. We aim to create a user-friendly environment for trading and launching MEM Coins by offering faster transactions and lower fees compared to Ethereum’s main network. Importantly, users can access this ecosystem through their existing Ethereum wallet, making the transition seamless. Pepe Unchained also hopes to attract some of Ethereum’s $58 billion total value locked (TVL), which could provide significant liquidity to the platform.

The key innovation is the ‘Pepe Pump Pad’, a tool that allows users to release meme coins without any coding skills. This mirrors features seen on other platforms, such as Solana’s Pump.fun, which has driven the success of several tokens. Additionally, Pepe Unchained’s developer grant program demonstrates its commitment to fostering innovation by encouraging blockchain developers to build projects on the network.

The pre-sale comes at a time of growing optimism in the cryptocurrency market, with rising prices for assets like Bitcoin and widespread adoption of blockchain technology generating interest. It is predicted that 1 billion users will use cryptocurrency by 2025. Pepe Unchained You can benefit from this trend.

Visit Pepe Unchained Presale

6. Casper (CSPR)

Casper (CSPR) is a blockchain network known for its advanced Proof of Stake (PoS) protocol. The protocol prioritizes scalability and energy efficiency, making it ideal for evolving blockchain demands. The network also offers custom development tools to help businesses transition to Web3. This focus highlights the goal of driving enterprise adoption.

CSPR price chart

CSPR is currently trading at 0.01795 and is showing a daily gain of 5.32%. The market capitalization is $223.7 million, and the fully diluted valuation is $237.89 million. In the last 24 hours, the token recorded a trading volume of 228.33 million. This is a high volume-to-market cap ratio of 100.69%, indicating notable market activity.

CSPR Tweet

Price forecasts for November suggest the upward trend may continue. Analysts estimate that the price may rise to 0.036185, with a trading range between 0.018247 and 0.062234. Based on these projections, an investor buying at current levels could achieve a return of approximately 247.50% by selling at higher levels of the range.

Learn more

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