6 Best Cheap Crypto to Buy Now Under 1 Cent November 25

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Uncover the six best crypto picks under 1 cent for November 25, offering accessible investment options for those looking to enter the crypto space.

The primary cryptocurrency is currently priced at $37,655, reflecting a modest -0.18% decline in the past day. Bitcoin’s dominance, representing its overall market share, has increased by 0.35% and now stands at 50.97%.

6 Best Cheap Crypto to Buy Now Under 1 Cent

These metrics indicate a mixed scenario in the market, with some values showing minor drops while others demonstrate slight upticks. The fluctuations in market cap, trading volume, Bitcoin’s price, and dominance signal ongoing shifts in investor sentiment and trading activities within the cryptocurrency landscape.

1. Flux (FLUX)

Flux, currently priced at $0.518780 with a market cap of $175.36M, has displayed notable price changes recently. Over the past year, it gained 17%, positioning itself better than half of the top 100 crypto assets. This performance, alongside its consistent trading above the 200-day simple moving average, suggests stability and relative strength in the market.

In the last month, Flux saw positive movement on 16 days, marking a 53% frequency of positive trading. This and its proximity to a cycle high indicate a recent bullish sentiment. Additionally, Flux maintains high liquidity, reflected in its market cap and a 24-hour trading volume of $35.94M.

Examining its supply dynamics, Flux has a circulating supply of 338.02M out of a maximum of 440.00M FLUX. The yearly supply inflation rate is 19.95%, creating 56.22M FLUX last year. 

Ranked #14 in the Proof-of-Work Coins sector, Flux’s current market position reflects its standing among similar cryptocurrencies. Notably, the Fear & Greed Index indicates a market sentiment of 73, signifying a tendency toward greed among investors.

2. Axelar (AXL)

Axelar (AXL) has undergone significant fluctuations over the past year, marking a dynamic journey in its pricing. Over this period, the price surged by 12%, reflecting a consistent upward trend. It has consistently traded above the 200-day simple moving average, indicating a sustained positive market momentum. Of the last 30 days, 23 saw gains, constituting a robust 77% positive performance.

AXL Price Chart

Furthermore, AXL boasts high liquidity, underscored by its substantial market capitalization. It actively trades on the KuCoin platform, driving a considerable trading volume of $17.45M within 24 hours. Presently, Axelar holds a market cap of $339.15M, capturing a 0.02% market dominance.

In contrast, the highest price since this low point reached $0.743866, signifying a cycle high. Regarding market sentiment, Axelar’s price prediction leans towards a bullish outlook. Additionally, the Fear & Greed Index registers at 73, indicating a state of greed within the market.

3. TRON (TRX)

Tron has made significant strides in 2023, securing the position of the second-largest L1 platform with substantial growth in TVL. Starting at $4.1 billion in January 2023, it surged to $7.9 billion by October 2023, marking a robust 91.6% increase yearly.

The notable surge in TVL is chiefly attributed to JustLend and JustStables, the primary protocols on Tron. These protocols have propelled TRX to 120.6% and 80.2% growth rates since January 1, 2023. As such, they collectively account for 93.9% of Tron’s TVL, dominated by three specific addresses within JustLend.

TRX Price Chart

Moreover, this surge aligns with TRX’s recent uptrend. Tron is valued at $ 0.106287, boasting a 24-hour trading volume of $ 562.49M and a market cap of $ 9.82B. It boasts a market dominance of 0.68%, signalling a positive market trajectory. Over the last 24 hours, TRX experienced a 3.46% increase in value.

TRON’s historical data revealed its peak price of $ 0.302062 on January 5, 2018. Conversely, its lowest recorded price was $ 0.001091 on September 15, 2017. Notably, its lowest price since the all-time high was $ 0.007350 (cycle low), while the highest post-cycle low was $ 0.179725 (cycle high). The current sentiment regarding TRX’s price prediction is bullish, accompanied by a Fear & Greed Index reflecting 73 (Greed).

Highlights encompass TRX’s impressive 100% price increase over the past year. In addition, it sustained trading above the 200-day simple moving average, boasting a positive performance compared to the token sale price. Tron also witnessed 19 green days in the last 30 days (63%) and had high liquidity supported by its market cap.

4. Meme Kombat (MK)

Meme Kombat is a platform at the intersection of gaming and cryptocurrency, offering users a distinct blend of engagement opportunities. Central to its offerings is incorporating active betting and passive staking mechanisms, enabling participants to accumulate rewards.

During the presale phase, Meme Kombat introduced a staking feature boasting an Annual Percentage Yield (APY) of 112%. This served as an incentive for early contributors ahead of the official launch of the platform’s battles feature.

The platform’s focal point revolves around meme-based battles, where the inaugural season showcased 11 memes vying for top rankings. Plans for subsequent seasons with additional innovations aim to sustain user interest and introduce new avenues for earning.

Furthermore, the substantial participation during the presale phase signifies a growing interest in the platform. This indicates potential expansion opportunities as Meme Kombat’s unique features gain traction. The tokens integration of gaming and cryptocurrency has drawn attention within the crypto community. 

Moreover, the significance of the MK token within the ecosystem hints at potential growth within the broader cryptocurrency landscape. Meme Kombat’s innovative amalgamation of gaming and cryptocurrency has attracted notice. Meanwhile, the coin presale’s success and appeal position it as an intriguing option within the current cryptocurrency landscape.

5. Memecoin (MEME)

Memecoin is trading near its cycle high, displaying robust liquidity based on its market cap. Presently, the Meme price stands at $0.029978, accompanied by a 24-hour trading volume of $123.59 million. Its market capitalization is $263.73 million, reflecting a market dominance of 0.02%.

Furthermore, the sentiment surrounding Memecoin’s price prediction is bullish, while the Fear & Greed Index stands at 73, indicating a sentiment of greed among investors.

MEME Price Chart

In terms of supply, the circulating amount of Memecoin currently stands at 8.80 billion MEME out of a maximum supply of 69.00 billion MEME. Plus, Memecoin holds the #6 position within the Meme Coins sector based on market capitalization.

6. Enjin Coin (ENJ)

Enjin Coin, currently priced at $0.287972 with a market cap of $287.97 million, displays promising trends in recent trading indicators. It maintains a position above its 200-day simple moving average and showcases positive performance relative to its token sale price. Over the past 30 days, it recorded 17 green days, reflecting a 57% positive trend.

ENJ Price Chart

The coin demonstrates healthy liquidity, contributing significantly to its liquidity profile. The latest 24-hour trading volume is $48.65 million, showing a 6.34% increase in the past day, indicating ongoing market activity.

Examining its historical price movements, Enjin Coin reached its all-time high of $4.84 on Nov 25, 2021, and its all-time low of $0.015514 on Nov 2, 2017. Post its all-time high, the lowest price reached $0.199804 (cycle low), while the highest price since then hit $0.329083 (cycle high).

Market sentiment appears bullish for Enjin Coin, complemented by a Fear & Greed Index reading of 73 (Greed). With a circulating supply of 1.00 billion ENJ out of a total supply of the same, Enjin Coin is placed #51 in Ethereum (ERC20) Tokens.

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