5 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1 April 7

adminApril 8, 2024

join us telegram A channel to stay up to date on breaking news coverage

The cryptocurrency market shows mixed market signals, with market capitalization increasing by 2.38%. Trading volume, on the other hand, is down 16%, suggesting that investors are going HODL with Bitcoin halving imminent. This market outlook has filled charts for altcoins with red as traders focus on acquiring Bitcoin.

Nonetheless, this opens up an opportunity to buy the dip following the historic altcoin season halving. Several promising low-cost cryptocurrency assets offer investors a cheap opportunity to enter the market. Therefore, InsideBitcoins has compiled several of the five tokens that best fit this description.

5 Cheapest Cryptocurrencies You Can Buy for Less Than $1 Right Now

This analysis provides traders with valuable insights to evaluate the growth potential of various tokens. Several tokens priced below $1 are trending upward, indicating promising investment opportunities. Notably, 5thScape achieved a significant milestone by securing an impressive $4.2 million in funding in Phase 4 of pre-sale. but, Bitcoin is on a downward trend This follows better-than-expected U.S. employment growth in March.

1. Nervos Network (CKB)

Nervos Network’s market capitalization surpassed $1 billion this year, surpassing existing competitors such as ADA and XRP. Boasting an impressive 5.3x surge in its 2024 price trajectory, CKB is valued at $0.02688. With this bullish momentum, experts speculate that Nervos could surpass its 52-week high of $0.025, targeting a surprising rally towards $0.044 in the coming April bullish wave.

Nonetheless, this price surge depends on two important factors: continued demand for altcoins and favorable inflation reports. Additionally, discussions about a possible federal interest rate cut ahead of cryptocurrency halving are expected to further fuel investor sentiment.

CKB price chart

Analyst sentiment towards Nervos Network’s price predictions is overwhelmingly bullish, with a Greed score of 78, indicating extreme greed. Trading near its cycle high of $0.026949, Nervos enjoys high liquidity due to its significant market capitalization.

🤠 Saddle up in Spaces and explore a brave new world. #Bitcoin Layer 2! 🍰
Main actor @RoochNetwork‘S @HaichaoZ and @RunningCKB‘S @matt_bitcoin ⭐https://t.co/THCGqOxs2x pic.twitter.com/akVLHbcgvp
— Nervos.bit (@NervosNetwork) April 3, 2024

On a YTD basis, CKB has experienced a whopping 499% price increase. This performance means it outperforms 86% of the top 100 cryptocurrency assets, outperforming Bitcoin and Ethereum.

Additionally, Nervos Network is trading a whopping 258.84% above its 200-day SMA, demonstrating strong market performance. In summary, the Nervos network is poised for significant growth, with analysts predicting a continued bullish trend driven by strong market fundamentals.

2. Dogecoin (DOGE)

Dogecoin has broken recent lows with impressive market performance. DOGE is trading at $0.1945, up 5.72% over the last 24 hours. t continues to match its trajectory over the past month, posting a surge of 27.84%.

DOGE’s surge in trading volume surged 6.13% to $3.41 billion, contributing to its value increase. This rise signals increased interest and activity in the DOGE market and could potentially drive prices higher. Additionally, DOGE’s open interest increased by 9.35% and now stands at $1.58 billion. Major platforms such as Binance, Bybit, and BingX hold much of this interest and emphasize broad trader participation.

doji price chart

External factors such as mainstream adoption, approval, and growing interest from retail investors have also played a pivotal role in DOGE’s growth momentum. Dogecoin has built on its meme origins to gain a devoted following and strengthen its appeal to a wider audience.

In summary, Dogecoin’s recent price surge, along with bullish indicators such as trading volume and open interest, indicate renewed optimism about the meme coin. Although sustainability remains uncertain, current trends provide DOGE holders with room for profit.

3. ANKR Network (ANKR)

Since its launch, Ankr has solidified its position as a leading node operator, emphasizing reliability across major networks. Ensuring a safe and stable blockchain ecosystem relies on trustworthy node operations, a cornerstone that Ankr has embraced brilliantly.

With a robust global node infrastructure, Ankr drives improved performance. This strengthens the security and scalability of Web3, driving industry growth and adoption. Ankr Network was trading at $0.064870, marking an intraday rally of 11.96%. Meanwhile, its price rose a commendable 83%, reflecting investor confidence.

ANKR price chart

Trading activity indicates a positive trend, with Ankr Network currently consistently exceeding its 200-day SMA at 119.03%. Moreover, recent sentiment surrounding price forecasts is leaning towards optimism. This is consistent with the Fear & Greed Index of 78, indicating extreme greed among investors.

Additionally, Ankr Network has been showing green candlesticks for 15/30 days, which indicates a 50% positive trend. Additionally, the project enjoys high liquidity due to its significant market capitalization. This favorable performance highlights Ankr’s value proposition and its pivotal role in strengthening blockchain infrastructure.

4. 5SCAPE

It raised $4,207,350 million. 5th Scape The ongoing pre-sale, Phase 4, highlights strong investor interest in the project’s potential. The price of each 5SCAPE coin is set at $0.01, giving early investors a significant 250% return considering the current pre-sale price of $0.00285. This allows investors to take advantage of current prices before subsequent increases.

Additionally, these developments highlight 5th Scape’s commitment to transforming user experiences within virtual worlds by leveraging the 5SCAPE Coin. As the project progresses, we aim to provide users with a unique and engaging experience by increasing immersion and interaction within the virtual gaming environment. Overall, the success of Pre-sale for 5th Scape This reflects growing awareness of the potential value of virtual reality gaming platforms.

🚀 Pre-orders have surged beyond level 3!
🌐 Join us today and explore the world of virtual reality with multi-utility tokens.
🎉 Don’t miss the opportunity to join our vibrant community! #Hymphoclash #Hymphoclash #worm-hole #Cryptocurrency #5th scenery #Ticketing #Step 4 🌟 pic.twitter.com/QeznEVAvFJ
— 5th Scape (@5th_scape) April 4, 2024

This project seeks to provide an enhanced experience through VR Ultra headsets. With high-resolution visuals, ergonomic comfort, and precise motion tracking, it transforms virtual reality. Whether gaming, exploring, or learning, VR Ultra delivers exceptional immersion and versatility for unique journeys.

Check out the 5th Scape Presale

5. JASMY

JasmyCoin is receiving a lot of attention due to its steady price rise in April. News of the Bitcoin halving was a driving factor as JASMY traded at $0.020362 after rising 6.89% in the last 24 hours. Meanwhile, investors are optimistic about the coin, with a greed score of 78, indicating that trading of the coin is increasing.

Moreover, JASMY’s market growth over the past year has resulted in a 277% growth, providing benefits to early investors. Amazingly, it outperformed 76% of the top 100 assets, including Bitcoin and Ethereum. Jasmy is trading 332.26% above its 200-day SMA ($0.004690).

JASMY price chart

Meanwhile, it is firmly established on the basis of high liquidity in terms of market capitalization, recording 15 green days in the past 30 days. Given these solid fundamentals, JasmyCoin has the potential to achieve increased market growth.

We are doing a roadmap AMA. #jasmi In the community🚀🚀
Sign up https://t.co/VKnA2zlr6M# or $Jasmy #Roadmap
— Jasmy-MGT (@JasmyMGT) March 27, 2024

Therefore, analysts predict that if JasmyCoin announces collaborations with other networks, its price could surpass $0.0192 by 2024. In a bull market scenario, the average price would stabilize around $0.0174 by the same year. However, due to a market downturn, the minimum value could plummet to $0.0163 in 2024.