Traders are actively looking for affordable opportunities to enter the market. Some traders have already found promising investment opportunities by mainly targeting affordable tokens. However, accurately locating the most promising low-priced crypto assets requires considerable time and effort.
This analysis provides valuable insights for traders seeking to assess the growth potential of different tokens. Many tokens, including some under $1, are currently experiencing an uptrend, providing investors with an opportunity to enter the market.
The 5 Best Cheap Cryptocurrencies to Buy Right Now
The cryptocurrency market is showing mixed market signals with a slight increase in market capitalization. However, trading volume has recovered after a slight decline, indicating that investors are actively trading in line with Bitcoin halving. Therefore, this market sentiment has led to a bullish trend in altcoins and traders are buying multiple altcoins.
However, this presents an opportunity for the trough of the altcoin season after the Bitcoin halving. Many promising low-priced cryptocurrencies offer investors an affordable opportunity to enter the market. Therefore, Insidebitcoins has compiled a list of the top five coins that fit this description.
1. Nervos Network（CBK）
Nervos Network recently surpassed $1 billion in market capitalization this year. Despite the decline, the coin has outperformed established cryptocurrencies such as XRP and ADA. CBK has seen a 4.3x increase in its price trajectory through 2024, pushing its value to $0.01472. Analysts predict that Nervos could soon surpass its 54-week high of $0.025. It could climb significantly to $0.044 in the upcoming bullish wave.
However, this price explosion depends on two key factors: continued demand for alternative coins and favorable inflation reports. Discussions about potential federal interest rate cuts before Bitcoin halving are also expected to further boost investor sentiment. If these go according to plan, the token will be in for a massive rally.
Furthermore, investors are bullish on the Nervos Network price prediction. The coin has a Greed score of 78, indicating extreme greed. CKB is trading close to its cycle high of $0.02003. The coin is driving high liquidity due to its considerable market cap.
Furthermore, from the beginning of the year till now, CKB’s price has grown by a staggering 337.36%. This performance means that it has surpassed the 86% of the top 100 crypto assets including Bitcoin and Ethereum. Furthermore, Nervous Network is trading 258.84% above its 200-day simple moving average. This simple moving average confirms its strong market performance. Analysts predict that continued bullish sentiment will lead to significant price growth.
2. Pepe (PEPE)
Pepe has quickly risen to prominence as it made its first foray into the meme token market and is on its way to becoming one of the best memecoin contenders in the crypto world. After last year’s phenomenal growth, Pepe has established a positive trajectory that shows great potential. The token is trading today at an impressive $0.00001117.
Analysts are bullish on Pepe, marking it as the most promising altcoin chart. Investors also believe that the token is ready to push for new all-time highs. Meanwhile, a whale turned its attention to PEPE, which could indicate a potential price recovery. The move is seen as a calculated bet on the potential rise of the cryptocurrency. The investor spent $558,000 to buy 70 billion PEPE.
Additionally, market data shows that Pepe’s trading volume has increased by more than 40% in the past 24 hours, which coincides with the growth of the token’s price in the same time period. Although it has only increased by 4.5% in the past 24 hours, it has increased by 45% and 3,50% in the past 30 days and one year, respectively.
As one of the biggest memes on the planet, Pepe is showing bullish traits and is active in the market, with trading volume increasing by over 40% in the past 24 hours. With its unique characteristics, this is an affordable coin to add to your watchlist.
3. WienerAI (WAI)
WienerAI continues to attract a lot of attention, having raised over $1.8 million in its ongoing presale. The token features an innovative trading bot. The bot runs on the Ethereum blockchain using advanced artificial intelligence. The trading bot was developed specifically for price analysis and blends humor with cryptocurrency.
The project’s ICO was divided into different phases, with the price of its tokens increasing gradually. WienerAI’s website emphasizes the advantages of participating in the presale and highlights that the current token price is $0.000707.
WienerAI's main interface is user-friendly and allows individuals to query their investment goals and strategies. The bot then uses artificial intelligence to analyze the market and provide users with unbiased insights into potential coins or tokens that match their query. Investors can use this opportunity to maximize potential gains, especially during the pre-sale phase.
Visit WienerAI Presale
4. Oasis (OASIS)
Oasis is committed to providing users with secure digital asset management solutions. The platform is committed to changing crypto trading and provides comprehensive features as well as first-class security measures. Its development goal is to democratize the digital economy and help users take control of their financial future.
Furthermore, the coin is trading at $0.0003986 with an increase in trading volume over the past 24 hours. Oasis is experiencing increased market activity, having grown by 55.70% from the previous day. Thus, the latest announcement regarding the launch of Oasis DEX has fueled the recent rally in the coin. This rally demonstrates the increased trust and excitement in the community towards the coin.
Despite a 1.10% drop in the global crypto market, Oasis has gained 96.00% in the past seven days, a stellar performance that has put Oasis ahead of other tokens in the Ethereum ecosystem on Dextools.
5. Ondo (ONDO)
ONDO token holders have a significant influence on the direction of Ondo DAO. This direction ensures that the project provides institutional-grade financial services to more people. They have specific rights related to Flux Finance, and Ondo DAO is responsible for overseeing these rights.
Moreover, ONDO’s price fluctuates between $0.7448 and $1.03. It dropped by about 3.04% in the last week, but its price surged by a staggering 360.20% this year. Now, it is stabilizing after these huge gains. Moreover, the coin has slightly increased by 0.2% in the past 24 hours.
Indicators such as the RSI of about 48.67 indicate neutral momentum and the Stochastic oscillator indicates possible oversold conditions. Therefore, the value of this coin could rise or fall. It is closer to the support at $0.09 than the resistance at $1.24, indicating growth potential. However, if the downward pressure persists, the support at $0.57 could be tested again.
On the positive side, if it breaks above $1.24, a quick rally towards $1.62 is possible. However, with all these factors in mind, ONDO’s trajectory could be choppy as the market adjusts to its recent growth.
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