6 Best Cheap Crypto to Buy Now Under 1 Dollar December 23 – Polymesh, MVL, StormX, NEM
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Since
the
pro-crypto
candidate’s
victory
in
the
2024
U.S.
Presidential
election
on
November
5,
both
XRP
and
Hedera
(HBAR)
have
emerged
as
standout
performers
in
the
cryptocurrency
market.
XRP
has
seen
a
328%
increase,
while
HBAR
surged
by
an
impressive
457%.
According
to
CoinMarketCap,
XRP
climbed
to
third
place
among
digital
assets
and
reached
multi-year
highs
in
early
December.
However,
it
has
since
slipped
to
fourth
place,
even
as
the
number
of
active
wallets
for
the
altcoin
has
risen
by
28%
over
the
past
two
years.
Meanwhile,
other
altcoins
are
experiencing
positive
trends,
prompting
investors
to
search
for
affordable
tokens,
particularly
the
best
cheap
crypto
to
buy
now
under
1
dollar.
6
Best
Cheap
Crypto
to
Buy
Now
Under
1
Dollar
Polymesh
(POLYX),
ranked
#263
with
a
market
capitalization
of
$257.29
million,
has
experienced
notable
growth
of
44%
over
the
past
year.
Analysts
predict
MVL
could
reach
$0.012204
by
January
22,
2025,
marking
a
potential
increase
of
160.33%
from
its
current
price.
Meanwhile,
STMX
has
displayed
high
volatility
in
the
past
24
hours,
fluctuating
between
$0.0055
and
$0.0060.
Solaxy
($SOLX),
the
first-ever
Layer-2
protocol
for
the
Solana
blockchain,
recently
secured
$3.5
million
in
its
presale
within
just
three
days.
NEM
(XEM),
an
early
blockchain
platform,
is
currently
valued
at
$0.02581,
reflecting
a
5.15%
gain
over
the
last
24
hours.
Siacoin
has
risen
by
2.45%
within
the
same
period,
trading
at
$0.005665.
In
other
news,
Bitcoin
has
recorded
its
first
weekly
decline
since
the
U.S.
presidential
election
in
2016.
1.
Polymesh
(POLYX)
Polymesh
(POLYX),
currently
ranked
at
#263
with
a
market
cap
of
$257.29M,
has
shown
significant
growth
over
the
past
year,
increasing
by
44%.
This
performance
places
it
ahead
of
51%
of
the
top
100
cryptocurrencies.
The
coin’s
liquidity
is
notably
high,
a
positive
sign
for
traders
and
investors.
Analyzing
recent
market
trends,
POLYX
has
experienced
price
fluctuations
within
a
narrow
range
over
the
past
24
hours,
as
depicted
in
the
chart.
Despite
these
short-term
movements,
the
asset
has
maintained
a
generally
stable
trajectory
with
a
slight
upward
trend.
Predictions
for
December
2024
suggest
that
POLYX
might
trade
between
$0.27816
and
$0.411739,
potentially
offering
a
22.74%
increase
from
its
current
price.
This
could
translate
to
a
profit
of
around
46.57%
for
investors
holding
the
asset.
How
does
utility
token
$POLYX
circulate
in
the
POLYX
ecosystem
to
drive
utility?For
starters,
it
fuels
activities
like
voting
and
#staking
that
are
critical
to
a
secure
and
operational
network.
It’s
also
used
to
incentivize
entities
to
build
on
Polymesh
and
reward
node…
pic.twitter.com/wZ62I98qWV—
Polymesh
????️
(@PolymeshNetwork)
December
19,
2024
For
2025,
the
outlook
appears
even
more
optimistic,
with
forecasts
indicating
a
trading
range
from
$0.388473
to
a
peak
of
$1.303101.
The
average
expected
price
during
the
year
is
around
$0.747476,
hinting
at
a
robust
growth
potential.
In
summary,
Polymesh’s
performance
indicates
resilience
and
potential
for
growth.
Its
high
liquidity
and
solid
one-year
performance
make
it
an
interesting
asset
for
mid-
to
long-term
investments.
2.
MVL
(MVL)
Mobility
Value
Lab
(MVL),
operating
on
the
Ethereum
blockchain,
is
an
innovative
project
integrating
mobility
services
with
blockchain
technology
to
create
a
shared
value
system
for
all
participants.
MVL’s
ecosystem
is
designed
to
harness
data
from
vehicles,
batteries,
charging
stations,
and
ride-sharing
services
and
store
it
in
the
Decentralized
Physical
Mobility
Infrastructure
Network
(DePIN).
This
data
is
then
utilized
to
develop
new
services
and
products,
fostering
growth
within
the
mobility
sector.
Price
predictions
for
MVL
are
optimistic,
forecasting
a
rise
to
$0.012204
by
January
22,
2025,
representing
a
160.33%
increase
from
its
current
value.
This
projection
is
based
on
technical
indicators
that
currently
show
a
neutral
sentiment,
with
a
Fear
&
Greed
Index
indicating
a
level
of
greed
at
70,
suggesting
cautious
optimism
among
investors.
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pic.twitter.com/P1sPwmbL4a—
MVL
(@mvlchain)
December
23,
2024
The
chart
provided
shows
MVL’s
price
movements
over
24
hours.
The
price
hovered
around
$0.004729
and
exhibited
a
slight
upward
trend
of
9.44%
on
the
last
day.
This
indicates
short-term
volatility
but
upward
momentum,
aligning
with
the
longer-term
growth
predictions.
3.
StormX
(STMX)
StormX
(STMX),
currently
ranked
at
#544,
has
a
market
cap
of
$72.98M
and
a
trading
volume
of
$36.74M
over
the
last
24
hours,
indicating
high
liquidity
relative
to
its
market
size.
The
token’s
price
is
$0.005917,
with
a
minor
increase
of
1.32%
over
the
past
day.
Examining
the
chart,
STMX
has
shown
significant
price
volatility
within
the
last
24
hours,
oscillating
between
approximately
$0.0055
and
$0.0060.
The
chart
highlights
periods
of
gains
(green
areas)
and
losses
(red
areas),
with
17
green
days
in
the
last
30,
suggesting
the
price
closed
higher
than
it
opened
more
than
half
the
time.
The
total
and
maximum
supply
of
STMX
is
capped
at
12.5
billion
tokens,
which
could
influence
its
market
dynamics
due
to
the
fixed
supply.
The
trading
volume
to
market
cap
ratio
at
50.4%
further
underscores
the
token’s
liquidity,
making
it
a
potentially
attractive
option
for
traders
looking
for
assets
that
can
be
bought
or
sold
without
significantly
affecting
the
price.
Overall,
StormX’s
market
performance
indicates
a
level
of
investor
interest
and
trading
activity,
with
a
slight
upward
trend
in
the
short
term.
4.
Solaxy
($SOLX)
Solaxy
($SOLX)
is
the
first-ever
Layer-2
solution
on
the
Solana
blockchain,
raising
$3.5
million
in
its
presale
within
three
days.
It
aims
to
resolve
critical
issues
like
network
congestion,
scalability
challenges,
and
failed
transactions
arising
from
Solana’s
rapid
growth
and
popularity.
Solana
has
become
a
hub
for
meme
coins,
offering
faster
and
cheaper
transactions
than
Ethereum.
However,
its
success
has
led
to
inefficiencies,
with
spam
transactions
and
failed
operations
causing
network
strain.
Solaxy
addresses
these
challenges
by
introducing
an
application
layer
that
operates
alongside
the
main
chain,
improving
scalability
and
reducing
congestion.
What
sets
Solaxy
apart
is
its
multi-chain
capability,
bridging
Solana
with
Ethereum.
This
allows
it
to
combine
Solana’s
speed
and
affordability
with
Ethereum’s
liquidity
and
security.
Developers
and
traders
could
benefit
from
seamless
interaction
between
the
two
ecosystems,
creating
new
opportunities
for
decentralized
finance
(DeFi)
and
other
applications.
In
addition
to
supporting
Solana’s
upgrades,
such
as
the
QUIC
protocol
and
Firedancer
initiative,
Solaxy
offers
immediate
solutions
to
ongoing
problems
like
transaction
failures
and
spam
activity.
While
still
in
its
early
stages,
Solaxy’s
potential
lies
in
enhancing
Solana’s
ecosystem
while
tapping
into
Ethereum’s
strengths.
5.
NEM
(XEM)
NEM
(XEM),
one
of
the
pioneering
blockchain
platforms,
is
trading
at
$0.02581,
reflecting
a
5.15%
increase
in
the
past
24
hours.
With
a
market
cap
of
$232.31M
and
a
24-hour
trading
volume
of
$46.65M
(a
50.48%
increase),
it
boasts
a
liquidity
ratio
(Vol/Mkt
Cap)
of
20.1%,
indicating
strong
activity.
The
platform
introduced
innovations
such
as
user-defined
tokens
(mosaics),
namespaces,
and
multisignature
accounts.
Currently,
NEM
is
trading
above
its
200-day
SMA,
suggesting
bullish
momentum
despite
the
broader
bearish
sentiment
reflected
in
price-prediction
models.
Interestingly,
the
Fear
&
Greed
Index
indicates
a
“Greed”
level
of
70,
showcasing
strong
investor
interest.
Over
the
last
30
days,
NEM
experienced
16
green
days
(53%),
hinting
at
reasonable
price
stability.
Technical
indicators
suggest
the
asset
is
oversold,
which
could
lead
to
a
price
rebound
in
the
short
term.
With
a
total
and
max
supply
of
8.99B
XEM,
no
further
dilution
is
expected.
6.
Siacoin
(SC)
Siacoin
(SC)
recently
underwent
the
Siacoin
V2
upgrade,
introducing
key
features
like
account
separation,
real-time
contract
notifications
via
webhooks,
and
streamlined
account
management.
Siacoin
is
priced
at
$0.005665,
up
2.45%
in
the
past
24
hours.
It
has
a
market
cap
of
$327.08
million
and
a
24-hour
trading
volume
of
$47.34
million.
It
trades
0.16%
above
its
200-day
SMA
of
$0.005723,
suggesting
upward
momentum.
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Sia
Foundation
(@Sia__Foundation)
December
17,
2024
Over
the
past
month,
Siacoin
recorded
15
green
days
(50%)
and
moderate
price
volatility
of
10.44%.
However,
market
sentiment
remains
bearish,
even
as
the
Fear
&
Greed
Index
registers
70
(Greed).
Forecasts
predict
that
Siacoin
could
rise
by
3.72%,
reaching
$0.005891
by
January
2025.
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