6 Best Cheap Crypto to Buy Now Under 1 Dollar March 9
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With the Bitcoin Halving set to begin in 41 days, the overall Fear/Greed score has moved to 89 as transaction rates increase. This uptick in activity has also led to increased trading volumes, with the positive market outlook pushing inventors to update their portfolios.
Moreover, traders seek cost-effective market entry points and promising investment opportunities, mainly focusing on affordable tokens. However, identifying the most promising low-priced crypto assets requires significant 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 various tokens. Several tokens, some priced below $1, are currently on upward trends, presenting opportunities for investors to enter the market. Additionally, Bitcoin Minetrix is showing promising results as it approaches the conclusion of its presale stage 30. Furthermore, the first leveraged Bitcoin ETF is nearing $1 billion in assets.
1. Sei (SEI)
With the current Altcoin surge, the SEI token has quickly gained attention with its recent rise in price. Over the past 24 hours, SEI has seen a remarkable rally of 14%, peaking at $0.9577. This surge in price has been accompanied by an 80% increase in trading volume, signaling a growing interest among traders.
Moreover, SEI’s announcement of its v2 upgrade has boosted the bullish sentiment surrounding it. This upgrade will introduce support for both CosmWasm and the EVM execution environments simultaneously. Equally, it promises to enhance transaction speed and increase the network’s capacity to handle thousands of transactions per second, ultimately leading to faster time to finality.
Furthermore, SEI has quickly climbed to become a top-100 token project by market cap, indicating increased adoption. With SEI trading near its cycle high and boasting high liquidity based on its market cap, investors are closely watching the project’s trajectory. As the community shows 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 aim 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 held in trust arrangements. These arrangements are supervised by regulated financial institutions, including Hony Capital, a major private equity firm with assets totaling 13 billion USD.
This announcement is driving CFX’s price upwards and its overall positive outlook. CFX, Conflux Network’s native cryptocurrency, has grown significantly as market adoption increases. Its price is currently at $0.335479, up 4.71% in the last 24 hours and 81% in the past 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 Asia’s digital currency landscape by delivering reliable global exchanges. AxHKD… pic.twitter.com/4RGpQ8uMH7
— Conflux Network Official (@Conflux_Network) March 8, 2024
Meanwhile, CFX trades well above its 200-day moving average, indicating a bullish trend. Furthermore, Conflux has consistently performed well, with 19 out of the last 30 days being green. Its high liquidity indicates strong trading activity, as its market capitalization shows.
3. Pyth Network (PYTH)
Laser Digital, Nomura’s digital arm, has partnered with Pyth Network. This collaboration signifies Laser Digital’s commitment to improving DeFi’s accessibility of financial market data.
To start, Laser Digital will supply crypto pricing data to Pyth Network. The latter currently hosts over 400 price feeds spanning 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 demands high-frequency, low-latency on-chain data to support advanced DeFi applications.
Meanwhile, Pyth Network is in the green, with its price hitting $0.708357. This rally marks a 7.27% increase in the past 24 hours as buying pressure begins to mount. The sentiment surrounding Pyth Network’s price prediction is bullish, with the Fear & Greed Index indicating an Extreme Greed level of 81.
Over the last 30 days, there have been 17 green days, accounting for 57% of the period, signaling a trading environment near its cycle high. Furthermore, Pyth Network demonstrates high liquidity based on its market capitalization. Overall, Laser Digital and Pyth Network collaboration holds a promising outlook for crypto investors.
4. Cronos (CRO)
The Cronos has witnessed an upturn recently, departing from its earlier downtrend. Since January 24, when it plummeted to $0.076, the token has surged by a staggering 81.5%, hitting $0.138 on March 4. Furthermore, It has moved by 41.93% in the last seven days, reaching $0.1636.This remarkable turnaround aligns with the current rally engulfing the market and Cronos’ continued growth.
Notably, Fulcrom Finance on the Cronos network exceeded $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 among hyperchains, yield-bearing crypto-assets, and native account abstraction.
In addition, it highlighted upcoming initiatives like testnet quests and proof of participation for early adopters of #CROFam. Therefore, experts are bullish about CRO, expecting the coin to sustain its upward trend. Hence, CRO is predicted to rise above $0.200 soon.
We are gearing up to launch #Cronos zkEVM as a zero-knowledge layer 2 blockchain on top of Ethereum mainnet. Today we are pleased to release version 1.0 of the litepaper.
⏩️ Scalability and modular data availability
???? Shared liquidity among 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 simple moving average. Also, Cronos (CRO) has experienced 20 green trading days out of the last 30, signaling positive momentum.
5. Bitcoin Minetrix (BTCMTX)
During the ongoing crypto market rally, Bitcoin Minetrix’s presale has attracted significant attention, raising an impressive $11.9 million. The project aims to improve BTC mining by addressing common concerns such as high hardware costs and fraudulent activities. Through Bitcoin Minetrix, users can stake their BTCMTX tokens to access cloud mining credits, promising a secure and hassle-free mining experience.
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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, enabling seamless withdrawal and selling options.
Just 3 days remaining until Stage 30 of #BitcoinMinetrix concludes!
How does the latency of mining hardware impact mining efficiency? ???? pic.twitter.com/Rb8sPXxERW
— Bitcoinminetrix (@bitcoinminetrix) March 8, 2024
Bitcoin Minetrix’s presale has reached Stage 30, witnessing a remarkable 719,958,114 BTCMTX tokens being staked, boasting an impressive APY of 58%. With each token priced at $0.0138, investors can capitalize on the current rate before an expected surge in value within the next day. This presents an enticing window for investors looking to explore innovative solutions in the mining sector.
Visit Bitcoin Minetrix Presale
6. Dogecoin (DOGE)
The recent surge in Dogecoin millionaires has caught the crypto community’s attention. This marks a significant milestone for the meme coin. According to data from IntotheBlock, the number of addresses holding over $1 million worth of DOGE has skyrocketed by a remarkable 76% within just 30 days, surpassing the milestone of 1000 Dogecoin millionaires.
This surge in wealth accumulation among Dogecoin holders coincides with the coin’s impressive market performance. Over the past year, Dogecoin’s price has surged by an impressive 137%. It has outperformed 55% of the top 100 crypto assets. Additionally, 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 out of the last 30 days as green days. This indicates a positive trading sentiment among investors. Furthermore, Dogecoin boasts high liquidity based on its market capitalization. This adds to its appeal among traders and investors.
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