The 5 Best Cheap Cryptocurrencies to Buy Right Now on January 26, Each for Under $1

As the market shows signs of recovery, investors are eager to seize the opportunity and focus on affordable coins. To identify these coins that are selling for less than $1 requires thorough research. This article highlights assets that could become significant players in the future of the cryptocurrency market.

5 Best Low-Priced Cryptocurrencies
Investors are attracted to the search for the next big thing in the cryptocurrency market, especially at prices below $1. Tokens like TRON, Conflux, and Bitcoin Minetrix have recently attracted attention for their low prices and promising performance. Separately, Dogecoin rose 18% to a 7-day high on rumors that X can be paid with DOGE.

1. Conflux (CFX)
Conflux Network has launched a Bitcoin-compatible EVM second layer (BTC L2) solution. The solution is designed to leverage the power of Bitcoin to enhance the capabilities of Conflux Network. In addition, the newly introduced Bitcoin L2 solution is designed to integrate seamlessly with Bitcoin. This move is an important advancement in blockchain interoperability.

This Layer 2 network sits on top of the Conflux mainchain and will facilitate the smooth transfer of Bitcoin. In addition, it will help in tokenizing assets between the Conflux blockchain and Bitcoin’s ecosystem.

Furthermore, CFX has experienced a wave of green candles since the Conflux announcement. On Thursday, January 18, 2024, CFX recorded an impressive 8% gain, reaching a trading price of $0.2203.

Meanwhile, CFX is currently trading at $0.194027, having experienced an intraday increase of 6.75%, trading above its 200-day simple moving average. Over the past year, CFX’s price has increased by an impressive 503%.

This article explores how Conflux’s Bitcoin layer-2 integration can revolutionize asset management and network security in blockchain.

Furthermore, the coin fear and greed index shows a neutral stance at 49. However, investor sentiment towards the coin is positive. Apart from this, CFX has performed well over the past year, outperforming 94 of the top 100 coins.

Analyzing its recent performance further, Conflux Network has experienced 16 green trading days in the past 30 days, accounting for 53% of the period. The network continues to gain attention in the cryptocurrency space due to its high liquidity in market capitalization.

2. TRON (TRX)
TRON (TRX) performed well, showcasing its strong growth and promising trajectory. The market capitalization surged to $9.4 billion, an increase of 87% from the same period last year, from $5 billion to $9.4 billion. Moreover, the quarterly revenue in Q4 increased by 14% year-on-year, from $105 million to $119 million. In 2023, TRON’s revenue strength makes it a top contender. Therefore, the coin ranks second only to Ethereum and Bitcoin in terms of revenue generation.

Furthermore, the total share of TRX grew steadily by 4% year-on-year to 46.1 billion TRX. In addition, 30% of the staking supply adopted Stake 2.0. Similarly, USDT on TRON grew by 11% alone in Q4. Meanwhile, by the end of the quarter, half of all issued USDT was stored on the TRON network.

Similarly, TRON introduced stUSDT to TRON, making it the second largest real-world asset (RWA) protocol in Q4. As a result, the protocol attracted over $2.2 billion in deposits, highlighting TRON’s expanding ecosystem and utility.

Therefore, TRON’s promising roadmap and ongoing initiatives affirm its strong potential. At the same time, it positions TRX as a resilient player in the cryptocurrency space. Moreover, TRX is listed on top cryptocurrency exchanges such as Binance, Gate.io, and Bitget. Therefore, this highlights TRON’s importance among the top 10 coins by market cap and underscores its enduring strength and investor appeal.

3. Oasis Network (ROSE)
Oasis Network’s cryptocurrency, ROSE, has recently experienced a notable uptick, recovering from around $0.04500. This uptick is clearly visible on its daily chart, which shows a bullish rebound and a steady growth of 93.52% over the last quarter. Likewise, the forecast shows bullish sentiment for ROSE, with the Fear & Greed Index at a neutral 49.

Over the past year, Oasis Network has performed well, with its price increasing by 82%. Moreover, it surpassed 76% of the top 100 crypto assets including Bitcoin and Ethereum. According to its market capitalization, it is trading above its 200-day simple moving average, indicating high liquidity.

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With a solid foundation and a loyal community, Oasis Network has great potential. Moreover, there are speculations that potential collaborations with other networks could push the price of ROSE coin to over $0.205 by 2024. Moreover, in the bullish cryptocurrency market, the average price of Oasis Network Coin is expected to stabilize around $0.185.

4. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix has launched a groundbreaking model that allows users to cloud mine in BTCMTX tokens. With a focus on inclusivity, the project has raised over $6 million, driving its ambitious goals. In the ongoing presale, Bitcoin Minetrix has surpassed its $8 million goal, selling at $0.0126 per token. This represents 70% of the total token supply, or 2.8 billion of the 4 billion BTCMTX in supply.

One of the striking aspects of the project is its staking pool, which currently holds over 400,000 BTCMTX tokens and offers an astounding annual percentage yield (APY) of 103,225%. This innovative approach aims to decentralize control and ensure a strong mining ecosystem.

Bitcoin Minetrix's community-centric philosophy resonates in the cryptocurrency space, while its unique token economic model adds depth to the initiative. Therefore, Bitcoin Minetrix's innovative mining model, community involvement, and successful fundraising make it a promising project. As the presale continues, interested investors are encouraged to explore the project's strengths and potential benefits.

5. Stellar (XLM)
STASIS recently integrated its Euro-backed token, EURS, with the Stellar blockchain. As a result, STASIS’s move introduced new digital currency capabilities to the Stellar network. Likewise, it expanded the use of reliable and transparent Euro-denominated stablecoins in the Stellar network. Moreover, the integration of STASIS’ EURS with the Stellar network enriched the utility of the Stellar network. Moreover, it promotes transparency and inclusion of financial services in the Web3 ecosystem.

Furthermore, Stellar has been performing well in the market, showing promising signs to investors. Despite the recent bearish sentiment in the cryptocurrency market, investors have a bullish attitude towards the coin. Over the past year, Stellar’s price has increased by 26%, outperforming 54 of the top 100 coins. In the past 30 days, XLM has recorded 15 bullish trading days, catching the market’s attention. Likewise, the current oversold condition indicates a potential uptrend, ready for a price rally.

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