5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar November 8 – Tezos, EOS, 0x Protocol, Wormhole

Several major altcoins have experienced significant gains over the past 24 hours, following Bitcoin’s (BTC) all-time high of $76,943.12, reached approximately 11 hours ago. Bitcoin is trading at $75,913.62, reflecting a 1.51% increase in the last day.

This record-setting rally in Bitcoin, combined with the influx of $1.3 billion into spot Bitcoin ETFs after Donald Trump’s election, has a ripple effect on the altcoin market. The surge is being fueled by greater institutional interest in digital assets and increased development within the crypto space. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.

5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar

Tezos is valued at $0.659687, marking a 2.19% rise over the past 24 hours. EOS is priced at $0.467785, showing a 1.35% increase during the same period. Wormhole (W) is at $0.239213, with a 0.47% gain in the last 24 hours. 

0x (ZRX) is trading at $0.330415, reflecting a 1.82% increase in the past day. FreeDum Fighters, a meme coin project, blends political satire with investment potential. Meanwhile, Bitcoin’s post-election rally persists as the Federal Reserve lowers interest rates.

1. Tezos (XTZ)

The Tezos Unity SDK provides developers with accessible tools for building blockchain-integrated games, making it suitable for those without deep blockchain expertise. This SDK uses a simple plug-and-play setup to support straightforward integration of Web3 features, such as wallets, NFTs, and smart contracts. This ease of integration allows game creators to introduce blockchain functionality into their projects with minimal friction.

Tezos further enhances accessibility by offering comprehensive documentation. This includes tutorials and guides covering foundational and advanced concepts, which can be useful for developers at all experience levels. Additionally, Tezos supplies a range of resources, from tools to sample projects, to encourage experimentation. A notable example is a third-person, wave-based shooting game designed for developers to explore and customize.

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Regarding market performance, Tezos’ current price is $0.659687, reflecting a 2.19% increase over the last 24 hours. With a 24-hour volume-to-market cap ratio of 0.0528, the sentiment surrounding Tezos appears bearish despite a Fear & Greed Index rating of 69, indicating “Greed.”

2. EOS (EOS)

EOS is priced at 0.467785, showing a 1.35% increase in the last 24 hours. The market sentiment remains neutral, while the Fear & Greed Index reads 69, reflecting a mostly optimistic, greed-driven atmosphere among investors. EOS is trading close to its recent cycle high of 0.471653 and benefits from high liquidity relative to its market cap.

Forecasts indicate a possible upward trend for EOS in November, with a potential price increase to 0.477455. Analysts expect a price range between 0.463194 and 0.503091 for the month, influenced by last month’s market movements. This suggests that investors could see a projected return on investment (ROI) of around 7.55% if they buy at current prices and sell at the upper end of this forecasted range.

Looking ahead to December, EOS is anticipated to trade within a range of 0.462955 to 0.488038, with an average predicted price of 0.47582. This would imply a price rise of 1.72% compared to the current level, offering investors a potential profit margin of approximately 4.33%.

3. FreeDum Fighters (DUM)

FreeDum Fighters is a meme coin project that combines political satire with an investment opportunity. Its unconventional theme and potential for returns draw attention. The project has raised over $451,000 in its presale phase, showcasing strong initial interest.

In this presale, tokens are priced at $0.00007, with a tiered pricing structure that increases as the presale advances. This model allows early buyers to acquire tokens at a lower rate, potentially benefiting from price gains if the token appreciates after listing.

A notable aspect of FreeDum Fighters is its staking feature, offering an annual percentage yield (APY) of up to 270.10%, depending on the specific character staked. While this high yield could be attractive, it comes with inherent risks due to the volatility common in cryptocurrency markets, which may impact the token’s future value.

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Beyond financial aspects, FreeDum Fighters integrates community features such as weekly debates and airdrops. These debates allow members to earn additional tokens based on participation, creating a gamified experience that encourages engagement.

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4. Wormhole (W)

Wormhole (W) is currently priced at $0.239213, having increased by 0.47% over the past 24 hours. Despite this slight rise, the overall market sentiment remains bearish. The Fear & Greed Index is 69, indicating “Greed.” The technical indicators suggest it might not be the best time to buy.

Moreover, other metrics suggest a growth potential. The price of Wormhole could rise by 228.50%, reaching around $0.775554 by December 8, 2024. However, the market has shown mixed results recently. Over the last 30 days, 47% of the days were positive, but there was also a 13.73% price volatility. This indicates that the market has experienced upward and downward movements during this period.

For November, the price forecast suggests a range between $0.236088 and $0.803266. This could result in a 235.80% potential return for investors buying now and selling at higher levels. Although this shows promise, the market is still volatile, so caution is advised.

In December, the price of Wormhole might fluctuate between $0.731066 and $1.117316. This could represent a 299.13% increase from today’s price, with an average price target of $0.954772. If the prediction holds, this would offer an estimated return of 367.08%.

5. 0x Protocol (ZRX)

0x (ZRX) is priced at 0.330415, reflecting a 1.82% increase over the last 24 hours. The market sentiment for ZRX is neutral, while the Fear & Greed Index shows a value of 69, suggesting a state of greed in the market. Over the past year, the coin has experienced a 14% price increase, indicating steady growth.

In the last 30 days, ZRX had 16 green days, where the daily closing price was higher than the opening price. This accounts for 53% of the period. Additionally, ZRX enjoys high liquidity due to its market capitalization.

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In November 2024, ZRX is expected to trade between 0.323886 and 0.374292. If investors buy at current prices, it could rise to 0.339312, offering a potential return of 13.04%.

The price is predicted to range between 0.318263 and 0.350559 in December 2024. This would represent a slight 0.76% increase from the current price, with an expected return of 5.87% by year-end. The market forecasts suggest moderate growth for ZRX in the coming months. Investors can expect steady but gradual returns if they follow the predicted price ranges.

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