6 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1 April 23

adminApril 24, 2024

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The cryptocurrency market showed mixed market signals, with market capitalization increasing by 2.38%. However, trading volume dropped slightly before recovering, suggesting that investors are trading actively following the Bitcoin halving. As a result, this market sentiment has led to a bullish trend for altcoins as traders acquire multiple altcoins.

Nonetheless, this presents an opportunity to capitalize on the decline following the altcoin season’s halving. A number of promising low-cost cryptocurrencies offer investors a cheap entry point into the market. As a result, InsideBitcoins has curated a list of the top five tokens that match this description.

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

This analysis provides traders with valuable insights to evaluate the growth potential of various tokens. Many tokens priced below $1 are experiencing an upward trend, indicating promising investment prospects.

We also see Sei, Kaspa, Beam, and Pepe as excellent investment options. These micro-cryptocurrencies focus on real-world asset tokenization and blockchain innovation, respectively. These factors help us recommend these assets as potential portfolio additions.

1. Have a good time (BE)

SEI’s latest announcement introduced its latest feature, the Telegram Mini App. The app allows users to easily predict the outcome of multiple trades. Users can swap views, swap entries, and bookmark their favorite predictions. These developments have pushed the token’s value to its highest rally today.

6 price charts

Due to the recent price surge, SEI is currently attracting attention amid the current surge in altcoins. It has risen an impressive 38% over the past seven days, reaching $0.6547. This price surge was accompanied by an 80% increase in trading volume, indicating growing interest from traders.

presentation @Balancer Proposal BIP-590 has officially passed.
Ethereum’s proven OG DeFi fundamentals are released in Sei v2. https://t.co/alVRaav9JE pic.twitter.com/94eEuP8mW3
— Sei 🔴💨 (@SeiNetwork) April 23, 2024

Additionally, SEI has quickly grown into the top 100 token projects by market capitalization. This indicates an increase in token adoption since then. SEI is trading near its peak cycle and is highly liquid based on market capitalization. As the community grows interest and investment in SEI, the token has the potential to reach new heights in the market.

2. When (what)

Recently, the price of Caspar has surged 5%, showing a notable upward trend. In 7 days, the token witnessed a further surge of 14.94%. These gains follow the release of ecosystem updates scheduled for next week. The token seeks to distribute, issue and transfer KRC-20 tokens as well as indexer and API integration. The project roadmap is currently underway, with a public beta scheduled for next month.

Additionally, at the time of this writing, the price of Kaspa has increased significantly, at $0.1275, with a 63.48% increase in volume. This upward trend in price and volume suggests optimism among investors and traders. On a year-to-date (YTD) basis, Kaspa has seen impressive growth, with its price soaring 378%.

Kasper price chart

This impressive surge puts Kaspa ahead of 81% of the top 100 cryptocurrency assets, surpassing both Bitcoin and Ethereum. Kaspa’s price is currently trading 125.83% above its 200-day simple moving average, indicating strong market momentum.

It’s exciting to see the ecosystem expanding. https://t.co/fMp1Iwl8kK
— Caspian (@CaspaCurrency) April 22, 2024

The outlook for Kaspa points to an optimistic trajectory for the future. According to Kaspa price predictions, the coin could potentially peak at $0.239, with the average price hovering around $0.213 until 2024.

3. Ituk Tuk (TUK)

Ituktuk We’re approaching a major milestone in pre-sale, having raised over $3 million. The project aims to strengthen sustainable transport around the world, especially in developing countries. To achieve this, we provide electric vehicles (EV) and charging stations.

Additionally, eTukTuk has established partnerships with leading organizations to support its mission. Through this collaboration, eTukTuk goes a long way in promoting sustainable transport. It focuses on regions where tuk-tuks are important for everyday travel and trade.

Moreover, eTukTuk’s pre-sale target is $10.7 million. They meticulously planned their token distribution, setting aside 21.5% for staking rewards to encourage long-term investment. Liquidity receives 7%, and 9.75% is allocated to pre-sales to ensure a balanced distribution.

eTukTuk also plans to list TUK tokens on exchanges after pre-sale. This move is intended to simplify the process for investors to trade tokens. It also demonstrates a commitment to real-time eco-friendly initiatives based on cutting-edge technology.

Ituktuk It continues to attract attention through its integration of sustainable solutions and innovative technologies. This unique combination is attractive to investors seeking environmental and economic benefits.

Visit eTukTuk Presale

4. Pepe (Pepe)

As a meme coin, Pepe’s value is inherently tied to its transactional use, demand, and popularity rather than its utility. As a result, Pepe has been gaining momentum with the recent surge in popularity and demand for Memecoin. As the value of the meme coin market soared across the board following the halving, Pepe followed suit. The token has surged in price by more than 56% in the last 24 hours.

This surge in activity indicates increased adoption and transactions. This brings Pepe to third place in the Memecoin market. Pepe’s trading indicators also solidify the bullish sentiment surrounding the price prediction. Pepe’s closing price has exceeded its opening price on 18 of the last 30 days. This price represents 60% of the number of days filled with green candlesticks.

pepe price chart

Additionally, Pepe Coin shows strong market momentum. It is trading close to all-time highs, above the 200-day simple moving average. Pepe’s Market Sentiment Rating shows an Extreme Greed rating of 80 on the Fear and Greed Index. This index indicates growing investor appetite for the token.

The surge in demand can be attributed to Pepe’s deflationary strategy to achieve token shortages and its alignment with the broader meme coin trend, where popularity and demand have a huge impact on value.

5. BEAM

Beam is receiving considerable attention due to its steady price rise in April. Bitcoin halving expectations are the driving factor that sees Beam trading at $0.03021. The price shows an increase of 19.89% in the last 24 hours. Meanwhile, investors are optimistic about Beam, which has a greed score of 78. This optimistic sentiment stems from the increasing trading activity of the token.

Moreover, over the past year, Beam’s market growth has recorded an impressive 277% growth. It also outperformed 76% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. Beam is trading 332.26% above its 200-day SMA ($0.004690). This strong performance highlights the token’s potential as an investment opportunity in cryptocurrencies.

beam price chart

The token has recorded 15 green days in the last 30 days and is highly liquid. These solid fundamentals suggest a favorable outlook for the token. It also signals Beam’s ability to attract sustained investor interest and achieve significant market expansion.

Ready to chat about games? 🕹️
We’ve got a full episode @immutability Game Lineup! https://t.co/JwZAfL0Lox
— Merit Circle (@MeritCircle_IO) April 23, 2024

Analysts predict that Beam could reach $0.1 once it announces collaborations with other networks. In a bull market, the April average price could stabilize around $0.08. However, a market downturn could cause it to plummet to $0.02 before the end of April.