The market is gradually recovering and investors are looking to take advantage of the upcoming bull run by investing in affordable tokens. For those looking for tokens priced under 1 cent, research is required to find them. Therefore, this article will reveal some of the digital assets that could be the next big thing in the crypto market.
7 of the Best Cheap Cryptocurrencies to Buy Right Now for Less Than a Cent
The allure of discovering the next big thing, especially when priced below a cent, adds an exciting dimension to the crypto market. Blur, Sei, and Bitcoin Minetrix. These tokens have recently attracted the attention of investors due to their attractive prices and promising market performance.
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Magic Eden
The company announced on Monday its intention to make its minting and trading protocols public.
1. Blur (BLUR)
After yesterday’s Bitcoin crash, $BLUR has shown resilience by firmly establishing support at $0.58. As the market rebounds, $BLUR is showing clear signs of a significant rise towards $1.5 and is actively avoiding a major setback.
Moreover, BLUR is trading at a value of $0.660479, showing an intraday increase of 13.77%. Moreover, it is above the 200-day simple moving average and has 17 up candles in the past one month.
Furthermore, the market cap of $257.76 million ensures that BLUR maintains high liquidity on exchanges like Binance. Moreover, the 24-hour trading volume reached a notable $837.72 million, indicating strong market activity.
GM
The first week of 2024 has come and gone
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10 chains, 600,000+ unique holders, and 42 exchanges
Thank you to all BONK ecosystem builders and integrators in 2023
Looking back at the highlights of BONK 2023…
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– Bonk! (@bonk_inu)
January 8, 2024
Meanwhile, investors are also optimistic about BLUR; however, the Fear & Greed Index shows that traders are currently holding. Therefore, this consistent and positive performance makes $BLUR a compelling choice for cryptocurrency investors. As it rebounds from the recent market turmoil, it shows clear potential to move towards the $1.5 target.
2. Sei (SEI)
Sei showed strong signs of recovery today, confirming its support at $0.55. In this regard, Sei’s price is $0.658906, marking a growth of 14.08%. In addition, the trading volume in the past 24 hours also grew by 30%, reaching $972.47 million. In particular, Sei’s market capitalization is $1.6 billion, consolidating its market share of 0.10%.
Furthermore, the Fear & Greed Index is at 48, reflecting the current bullish sentiment among investors. Likewise, Sei is trading close to its cycle highs and exhibits high liquidity based on its market capitalization.
In addition, SEI has solid fundamentals and crypto community support, laying the foundation for its future growth. Therefore, cooperation with other networks may push SEI coin to exceed $1.003 in 2024. If an upward trend occurs, the average Sei coin price will remain around $0.908 around 2024.
3. Astar (ASTR)
Following the positive market movement, Astar found support at $0.18 and is expected to break through $0.50 soon. As a result, investors have set their sights on the coin, which has gained 10.35% in the past day to reach $0.174664. Similarly, ASTR's market capitalization has increased to $961.61 million, accounting for 0.06% of the market share.
In addition, the current price prediction sentiment of ASTR is bullish, while the neutral greed index of 48 reflects the holding situation of investors. In terms of supply, there are 5.51 billion ASTR in circulation, and the maximum supply is 7 billion ASTR. Meanwhile, the annual supply inflation rate last year was 45.10%, creating 1.71 billion ASTR.
Furthermore, ASTR’s price has increased by 2,45% over the past year, outperforming all other top 100 cryptocurrencies by 89%. Astar has also outperformed Bitcoin and Ethereum, trading above its 200-day simple moving average. In the past 30 days, there have been 20 positive price swings with a success rate of 67%.
4. VeChain (VET)
VeChain’s integration with Ledger Live provides users with a secure and convenient way to access their holdings. Likewise, this integration eliminates the need for middlemen and gives users direct control over their VET assets. Furthermore, this major step towards sustainability and scalability is a major move for the crypto space, and VeChain fans are happy about this user-friendly integration.
In terms of VET token, a green candle is forming on a daily basis, showing a positive trend. The current price of Bonk is $0.00001120, trading above the 200-day moving average. In the past 24 hours, the price of BONK has increased by 10.46%, with a market share of 0.05%.
In addition, the 24-hour trading volume and market capitalization also rose sharply, reaching $101.07 million and $709.41 million respectively. In addition, VET ranks 3rd in the Meme Coin sector in terms of market capitalization, with 633.3 trillion BONK tokens in circulation and a maximum supply of 1 trillion.
5. Kaspa (KAS)
KAS is making a strong comeback, finding a firm support level of $0.095 and setting its sights on $0.15. As a result, it is priced at $0.101782, up 7.40% in the past 24 hours. The trading market is active, with a trading volume of $912.3 million, a market capitalization of $2.8 billion, and a market share of 0.15%.
In the past year, the price of KAS has surged by a staggering 1,553%, surpassing 98% among the top 100 cryptocurrencies. It has consistently exceeded the 200-day moving average, indicating strong liquidity.
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– Kaspa (@KaspaCurrency)
January 12, 2024
Thanks to a passionate community and solid fundamentals, Kaspa is ready for expansion. Therefore, analysts are bullish on reaching $0.239 through potential collaborations. If the market maintains its bullish trend, the average price is expected to be around $0.213 in 2024. Therefore, investors should keep a close eye on Kaspa's upward trajectory.
6. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix has introduced an innovative method that allows users to stake BTCMTX tokens in exchange for cloud mining credits. The main goal of this initiative is to decentralize control and provide a secure mining environment for token holders.
Additionally, the platform’s staking pool has attracted considerable attention, with more than 400,000 BTCMTX tokens staked. This accumulation has resulted in an advertised annual percentage yield (APY) of 103,225%, demonstrating the interest of participants.
Bitcoin Minetrix has shown significant market traction during its initial presale phase, and the ongoing presale for BTCMTX has successfully raised over $8,041,666 at a price of $0.0125 per coin.
7. Cronos (CRO)
Attention is turning to Cronos’ CRO token, which is expected to see significant growth in 2024. Analysts predict a bullish trend and expect the price of CRO to exceed $0.3952. This optimistic forecast is based on the anticipation of strategic partnerships and initiatives that are expected to enhance Cronos’ market presence and positively impact the value of CRO.
Additionally, Cronos’ emphasis on network interoperability is expected to accelerate interactions, further boosting the token’s growth. Despite the inherent volatility in the cryptocurrency market, CRO is expected to maintain a stable trading range.
Experts predict a minimum trading price of $0.2261 and an average price of around $0.2818. This forecast shows confidence in CRO’s market strategy and resilience in the face of market volatility.
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Best Cheap Cryptocurrency
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