6 Cheapest Cryptocurrencies You Can Buy Now Jan 4

For investors in the cryptocurrency market, finding tokens priced under $1 provides a cost-effective option to diversify your portfolio. However, discovering the cheapest cryptocurrency assets with potential takes time and effort.

Therefore, in this article we look at promising digital currencies priced under $1. Likewise, it helps traders make informed decisions by revealing growth potential.

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

The beginning of 2024 saw significant volatility in the markets. cryptocurrency market, reflecting historical trends familiar to seasoned investors. Several popular cryptocurrencies have experienced an upward trend. Additionally, these tokens, which sell for less than $1, provide investors with an opportunity to enter the market.

1. BEAM

Haven’s Compass recently partnered with Beam, marking a major step forward for both companies. This collaboration aims to redefine the gaming experience and expand the reach of gaming globally. Haven’s Compass gained popularity with approximately 25,000 downloads during its open alpha phase.

Each player puts in a total of 50,000 hours and boasts over 5,000 concurrent players during peak hours on the Epic Games Store. This partnership is expected to significantly improve the gaming experience as the game prepares for its final release. Beam’s blockchain technology integration enables secure in-game transactions and encourages innovation through the Beam SDK.

This partnership recently increased BEAM’s price by 8.71%. Sentiment regarding the price of Beam is neutral, and the fear-greed index is 68 (greed). Beam currently has a circulating supply of 48.80B BEAM, out of a maximum supply of 62.75B BEAM.

@MeritCircle_IO X @immutability X @0xpolygon

We’re expanding Beam to more people by making it available in more places, making it a preferred destination for all game developers looking to integrate blockchain technology. https://t.co/CpMDlRH922

— Merit Circle (@MeritCircle_IO) December 28, 2023

Beam also ranked 3160th in the Ethereum (ERC20) token category and 506th in the Binance Smart Chain category. It also ranked 311th in the games category and 152nd in the metaverse category. Additionally, Beam has recorded 16 positive trading days in the last 30 days, up 53%.

It is currently trading near cycle highs and remains highly liquid by market capitalization. Haven’s Compass and Beam’s collaboration reflects their joint efforts to improve the gaming experience through blockchain integration.

2. Casper (CSPR)

Casper has seen significant price fluctuations over the past year, reflecting fluctuations in the cryptocurrency market. Bullish Outlook CSPR’s price forecast reflects a Fear and Greed Index score of 68, indicating a greedy market sentiment.

Looking at the price trend, Casper reached a high of $0.064066 after the last cycle low and hit a low of $0.022738. This is the lowest since the all-time high of $1.325450 on March 31, 2021 and the all-time low of $1.325450 on June 18, 2022.

In terms of performance, Casper’s price soared 83% compared to last year. It is currently trading above the 200-day simple moving average and is showing positive performance relative to the token sale price. It experienced growth 16 times in the past 30 days, accounting for 53% of the observation period.

this #New Year 2024Casper will continue to work hard to improve the ecosystem and adopt blockchain technology.

We will meet builders from all over the world. As part of our commitment, we will continue to launch a suite of products and resources for: pic.twitter.com/E9mnJy2uxh

— Casper (@Casper_Network) January 2, 2024

Additionally, Casper boasts a circulating supply of 11.67 billion CSPR tokens with an annual inflation rate of 9.73%, generating approximately 1.03 billion CSPR tokens last year. Additionally, Casper maintains high liquidity based on its market capitalization and has a strong position in the market.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We introduce a new approach to cloud mining that leverages tokenization to solve widespread problems within third-party cloud mining platforms. The main goal of the project is to provide a secure and transparent environment where individuals can use Bitcoin (BTC) mining within a decentralized framework.

Bitcoin Minetrix, a notable attraction, witnessed a significant stake of 400,000 BTCMTX tokens. Notably, the platform boasts an initial annual percentage yield (APY) of 103,225%, a figure subject to change as token staking increases.

Additionally, Bitcoin Minetrix has allocated 42.5% of BTCMTX tokens to facilitate mining operations. Another significant portion, 35%, is dedicated to fostering marketing activities and expanding BTCMTX. Additionally, 15% will be used as a reward for active community participation, and the remaining 7.5% will be allocated as BTCMTX staking rewards until the cloud mining platform is developed.

There are only two days left #Bitcoin Metrics Step 17!

how #Bitcoinintegration of #DeFi Does platform affect utility? 🤔 pic.twitter.com/v5ndjZA26e

— Bitcoin Minetrix (@bitcoinminetrix) January 4, 2024

During the pre-sale phase, the project raised over $5,638,098 by offering BTCMTX tokens at $0.011 per token. Investors had the opportunity to acquire 70% of the total token supply. This token is set at 2.8 billion. BTCMTX, using Ethereum (ETH) or Tether (USDT) with a minimum investment of $10. Bitcoin Minetrix’s token distribution strategy specifically emphasizes strengthening the mining infrastructure and gradual growth of the platform.

4. SPONGE V2 ($SPONGE V2)

Sponge V2 Since its inception, it has seen remarkable growth, starting with a valuation of $1 million. It will reach its peak market capitalization exceeding $100 million in 2023. As of the latest data, it is valued at $16 million, attracting a community of over 11,500 holders.

In 2023 #sponge V1 has a market capitalization of almost $100 million! Imagine what V2 can do.

Invest now and be part of this success story. 🚀$sponge #SpongeV2 #Ticketing pic.twitter.com/PEOem875Gt

— $SPONGE (@spongeoneth) January 4, 2024

A key feature of Sponge V2 is the introduction of the Stake-to-Bridge model. This model seeks to facilitate the transition of $SPONGE holders to V2 by encouraging and retaining existing holders through a staking mechanism.

The project’s roadmap outlines a future list of major exchanges and has garnered support from a significant community of 30,000 members. This strategic move $Sponge V2 The project has potential for growth and is attracting the attention of potential investors exploring opportunities in the cryptocurrency market.

5. Siacoin (SC)

Sia recently released renterd v1.0 to overhaul its storage solutions with a scalable and user-friendly design. This new renterd module promises scalability and minimal downtime through its modular setup. It also offers an updated user interface to help you manage storage across multiple devices. Likewise, it offers S3 compatibility for seamless integration with existing tools.

Moreover, market sentiment indicates a bullish outlook for Siacoin, consistent with a Fear & Greed Index score of 68 (Greed). Over the past year, Siacoin has surged 227%. It is trading above the 200-day simple moving average, indicating a positive trend. SC also boasts high liquidity relative to market capitalization.

renterd v1.0 has been released. #am Distributed storage environment. In the decade since siad, we’ve reimagined storage with a user-friendly, scalable architecture.

Learn more: https://t.co/qiQliAO0YY

— Sia Foundation (@Sia__Foundation) January 3, 2024

Siacoin’s promising fundamentals and strong community support point to substantial future growth. It is foreseeable that the price of Siacoin will exceed $0.0118 by 2024, especially through potential collaborations with other networks. In a continuing strong market, the projected average price could reach around $0.0107 by 2024.

6. 1 inch network (1 inch)

1inch Network Token, a leading player in the DeFi space, performed strongly in price predictions with a Greed Index score of 68. This token boasts a circulating supply of 1.13 billion 1INCH out of a maximum supply of 1.5 billion 1INCH.

In particular, the annual supply inflation rate over the past year was 83.77%, creating 514.82 million 1 INCH. The coin also ranks 15th in DeFi coins, 4th in yield farming, and 33rd in Ethereum (ERC20) tokens.

Over the past year, the price has risen 16% and remains trading above the 200-day simple moving average. Additionally, there have been 16 green days in the last 30 days, making up a positive trend of 53%.

Learn more

A new cryptocurrency mining platform – Bitcoin Minetrix

• Thanks to Coinsult
• Decentralized, secure cloud mining
• Get free Bitcoin every day
• Native token currently in pre-sale – BTCMTX
• Staking Rewards – APY 100% or more