6 Best Cheap Crypto to Buy Now Under 1 Dollar April 17 

0
18

Join Our Telegram channel to stay up to date on breaking news coverage

Traders are actively seeking cost-effective entry points into the market. Some traders have secured promising investment opportunities by mainly targeting affordable tokens. However, pinpointing the most promising low-priced crypto assets demands considerable time and effort. This article consolidates a list of cryptocurrencies priced under one Dollar, aiming to simplify this undertaking. 

6 Best Cheap Crypto to Buy Now Under 1 Dollar

This article offers valuable insights for traders seeking to evaluate the growth potential of different tokens. Numerous tokens, including some priced below $1, are currently experiencing upward trends, offering investors opportunities to enter the market. 

Also, the Dogeverse presale offering crossed the $6 million mark today. As it nears its target, it continues to see a growing market interest. This sentiment signals a potential opportunity for investors to enter the presale now at 0.000296.

1. Pepe (PEPE)

Pepe was developed as a deflationary token that ensures scarcity by reducing supply. This action is aimed at increasing the token’s value over time. Along these lines, the upcoming Bitcoin Halving has played a massive role in Pepe’s market sentiment. The token has seen its price surge over 56% gains in the last 24 hours. 

This surge in activity indicates heightened adoption and transactions. It has propelled Pepe to the third position in the memecoin market. Additionally, Pepe’s trading metrics solidify the optimistic sentiment surrounding its price forecast. Pepe’s closing price has exceeded its opening price in 18 out of the last 30 days. This price indicates 60% of days filled with green candlesticks.

Furthermore, Pepe Coin demonstrates robust market momentum. It is trading close to its all-time high, surpassing the 200-day simple moving average. Evaluation of Pepe’s market sentiment displays an Extreme Greed rating of 80 on the Fear & Greed Index. This index signals an increasing investor appetite for the token.

The surge in demand can be credited to Pepe’s deflationary strategy in achieving token scarcity and its alignment with the broader meme coin trend, where popularity and demand significantly influence value.

Being a meme coin, Pepe’s value is inherently linked to its transactional use, demand, and popularity rather than utility. Consequently, Pepe is gaining momentum with its recent surge in popularity and demand for memecoin.

2. Sei (SEI)

Due to its recent price surge, SEI has attracted attention amid the current Altcoin surge. Within the last 24 hours, it experienced a remarkable rally of 14%, reaching $0.9577. This surge in price has been accompanied by an 80% increase in trading volume, indicating a growing interest among traders.

Sei price chart

SEI’s announcement of its v2 upgrade has increased the optimistic sentiment surrounding it. This upgrade introduces support for both CosmWasm and the EVM execution environments. It improves transaction speed, expanding the network’s capacity to handle thousands of transactions per second. This development ultimately results in a quicker time to finality.

Furthermore, SEI has quickly climbed to become a top-100 token project by market cap. It subsequently indicates an increased token adoption. SEI is trading near its cycle high and has high liquidity based on its market cap. As the community shows rising interest and investment in SEI, there is potential for the token to reach new heights in the market.

3. Pyth (PYTH)

Nomura’s digital arm, Laser Digital, has partnered with Pyth Network. This collaboration demonstrates Laser Digital’s dedication to increasing the accessibility of financial market data. 

Laser Digital will kickstart the collaboration by providing crypto pricing data to Pyth Network. Currently, Pyth Network hosts over 400 price feeds comprising a wide array of asset classes: these assets are stocks, ETFs, foreign exchange, and commodities. The strategic initiative aligns with the industry’s pivot towards blockchain technology. It necessitates high-frequency, low-latency on-chain data to strengthen advanced DeFi applications.

Pyth price chart

Meanwhile, Pyth Network is experiencing an upswing, with its price reaching $0.708357. This surge reflects a 7.27% increase over the past 24 hours, indicating growing buying pressure. The prevailing sentiment regarding Pyth Network’s price outlook is bullish, with the Fear & Greed Index registering an Extreme Greed level of 81.

In the last 30 days, there have been 17 gains, constituting 57% of the period, suggesting a trading atmosphere near its peak. Additionally, Pyth Network exhibits substantial liquidity based on its market capitalization. Overall, the collaboration between Laser Digital and Pyth Network presents a promising prospect for crypto investors.

4. Ripple (XRP)

Recent data from Whalealert shows substantial activity in the XRP market. Crypto whales have moved over 285 million XRP coins, amounting to approximately $194 million, across multiple exchanges. The most significant individual transaction entailed the transfer of 100 million XRP, valued at around $62 million, from one wallet to another.

Meanwhile, further analysis shows a significant accumulation of XRP by whale wallets from the exchange Binance. Over the past 24 hours, this accumulation amounts to nearly 100 million XRP coins, valued at approximately $65 million. The most significant accumulation of these transactions comprised 20.3 million XRP, worth roughly $15 million.

 

Xrp price chart

Due to these whale movements, XRP has undergone a substantial price surge of almost 20% in the last 24 hours. This surge contributes to XRP’s impressive performance over the past year, with a notable 94% price increase. Furthermore, XRP trades above its 200-day simple moving average, signaling a positive trend.

Regarding market sentiment, XRP has experienced 19 gains out of the last 30 days. It constitutes 63% of the period, indicating a positive outlook. Additionally, XRP retains high liquidity, determined by its market capitalization. These performances demonstrate XRP’s participation in the bullish market trend. This trend is amplified by substantial trading activities that have elevated the Greed score to 81.

5. Fetch.ai (FET)

FET’s rise has triggered notable interest among traders, especially those interested in AI-driven projects. Positioned as an AI token, Fetch.ai has seen an increase in its token adoption. This adoption further solidifies its mission to simplify access to artificial intelligence technologies.

Recent market trends indicate a surge in Fetch.ai’s value, with the token hitting a new peak recently. Fetch.ai’s price is $2.97, marking an impressive 18.02% surge within 24 hours. Notably, this price rally follows a trajectory of positive performance. Fetch.ai posted 19 green days in the last 30, translating to a 63% increase in value.

Fetch.ai price chart

Fetch.ai is trading near its all-time high, indicating the prevalent bullish sentiment in the market. Moreover, the Greed score of 79 reflects a surge in token transactions, particularly in whale movements.

Fetch.ai’s performance over the past year emphasizes its growth potential, with its price surging by 567%. Additionally, Fetch.ai maintains strong liquidity, as evidenced by its market capitalization, further enhancing investor confidence. Trading above the 200-day simple moving average, Fetch.ai is currently positioned 258.77% higher than its 200-day SMA.

6. Dogeverse (DOGEVERSE)

Dogeverse is an innovative project aiming to bridge multiple blockchains. The token seeks to create a unified space for market participants and investors. It is inspired by Cosmo, the Doge token that bridges Ethereum and Solana. Accordingly, Dogeverse empowers its holders to cross between various crypto chains seamlessly.

Furthermore, the token has moved to be listed on multiple decentralized exchanges (DEX) and centralized exchanges (CEX). It also seeks to build an active meme lovers and crypto investors community. As Dogeverse continues to expand its multichain utility, the team behind Cosmo continues to develop innovative concepts.

Also, its presale offering already surpassed the $6 million mark today. As it nears its target, it continues to see a growing market interest. This sentiment signals a potential opportunity for investors to enter the presale now at 0.000296. Moreover, the token allows staking and promises a high APY. 

However, this opportunity is limited, particularly considering tomorrow’s forthcoming price increase. Furthermore, Dogeverse integrates the VAX purchase option into its website. This integration enables users to transact across Ethereum, BNB, Polygon, and Avalanche. Moreover, it has also announced that Base and Solana options are set to be added. 

Visit Dogeverse Presale

Learn More

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

ads

RELATED ARTICLESMORE FROM AUTHOR

LEAVE A REPLY

Please enter your comment!
Please enter your name here