Despite the Bitcoin halving and the approval of an Ethereum ETF, the crypto market’s Fear/Greed Index has fallen to 89, driven primarily by lower trading volumes. This drop in activity corresponds to a decrease in trading volumes, prompting investors to reassess their portfolios amid low market sentiment.
Despite the challenges, investors are determined to find low-cost entry points into the market. More and more people are discovering promising investment opportunities by focusing on affordable tokens. This article presents a selection of cryptocurrencies that are worth investors’ attention.
5 Cheap Cryptocurrencies to Buy Right Now for Under $1
This review provides necessary insights for investors seeking to assess the growth potential of various tokens. Several tokens such as Conflux, Tron, Sei, and XRP are currently experiencing an upward trend, providing investors with opportunities to enter the market.
Additionally, DICE recently raised over $1.5 million and is close to its pre-sale goal of $2 million. The token is currently priced at $0.0866, and interested investors are advised to buy the token in about four days to prevent the price from rising.
1. XRP (XRP)
Despite facing regulatory hurdles, XRP continues to maintain a strong market presence. The ongoing developments and the upcoming resolution of its legal disputes are predicted to significantly boost investor confidence. The forecast further states that these events could serve as a catalyst to push the token’s price towards the $1 mark.
At the same time, XRP stands out by emphasizing empowering users through efficient and cost-effective solutions. These solutions support cross-border payments, increasing its chances of being a strong candidate for future growth. In addition, its affordable transaction fees and strategic partnerships with leading financial institutions further enhance its credibility and adoption.
Furthermore, XRP sparked an upward momentum that took its value above the $0.46 resistance level. Bulls successfully pushed the price above $0.480 but encountered resistance close to the $0.4843 area. The coin has since retested the $0.4840 resistance point before experiencing a corrective retracement with bulls defending the $0.4755 support level.
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— Ripple (@Ripple)
July 1, 2024
The next important resistance level for XRP is around $0.5130. A breakout above this resistance area will likely push the price towards $0.5350. Further gains above this level could push the price towards the $0.5130 resistance level.
2. Conflux (CFX)
Conflux is a unique project that aims to strengthen decentralized applications (dApps), Web 3 infrastructure, and e-commerce. It aims to outperform other blockchains in terms of scalability, decentralization, and security. In addition, the platform facilitates fast, efficient, and cost-effective transfer of assets.
In addition, Sei empowers users by providing the necessary development tools to comply with regulatory compliance. These tools are designed to help developers build secure and scalable dApps. The native token CFX has multiple uses, including as a store of value, governance, and staking to earn more CFX tokens.
It has also facilitated the creation of unique projects such as the MEI PROJECT sneakers and ConFi’s Friends. These special use cases have ensured an increase in demand for the CFX token in China. Currently, CFX is trading at $0.165, indicating a growth of 1.2% in the past 24 hours.
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— Conflux Network Official (@Conflux_Network)
July 2, 2024
CFX’s 14-day relative strength index (RSI) is 56.4, indicating a neutral market position with the possibility of sideways trading. The token has experienced 16 price increases in the past 30 days, indicating high liquidity. Given its strategic partnerships and continued price uptrend, analysts expect CFX price to stabilize at at least $0.2880 by the end of the year.
3. Mega Dice (DICE)
Mega Dice integrates gaming and cryptocurrency to serve gamblers on its platform and holders of DICE tokens. In addition, Mega Dice has launched a refer and earn program. This new program aims to reward users who refer people to Mega Dice by giving them a percentage of their spending on the platform.
Additionally, DICE recently raised over $1.5 million and is close to its pre-sale goal of $2 million. The token is currently priced at $0.0866. Interested investors are advised to buy the token within about four days to prevent the price from rising.
At the same time, the team has launched a $2.25 million airdrop campaign divided into three seasons. The first quarter will provide a $750,000 reward pool for active players who stake at least $5,000 within 21 days. The second and third quarters will provide an additional $1.5 million for continued activity until the DICE token is listed on exchanges.
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— Mega Dice Casino (@megadice)
July 3, 2024
The second quarter recently concluded, enabling token holders to earn rewards through staking, with daily payouts in proportion to the casino’s profits.
Mega Dice incentivizes VIP players through NFT
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