Bitcoin

Feb 21 5 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

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

Investors are eager to capitalize on the new bullish trend by exploring investment opportunities in low-cost tokens. With the Bitcoin halving imminent, picking up tokens priced below 1 cent could result in significant returns for investors. In line with this, this article compiles a list of cheap tokens with profit potential in the cryptocurrency market.

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

Investors are especially drawn to the thrill of discovering the next groundbreaking token for less than one cent. Therefore, tokens such as SC, TRX, and JST have attracted the attention of traders due to a surge in interest due to their low prices and promising market prospects.

Meanwhile, investor speculation is increasing the performance of Ethereum tokens, outperforming Bitcoin. This is partly due to anticipation of the next installment. US cryptocurrency exchange traded fund Prioritizing the second largest digital asset will likely increase investor interest.

1. Siacoin (SC)

The atmosphere surrounding the Siacoin project in February of this year is positive. Siacoin is focused on improving the network for improved stability, performance, and user experience. The Hostd component has been significantly improved accordingly. We’re focused on fixing bugs and improving the user interface. It also aims to simplify user interaction by introducing the Hostd config command and integrated monitoring support.

Additionally, Siacoin’s core technology has made significant advancements through the implementation of RHP4. This is an important upgrade that paves the way for the upcoming Utreexo hard fork. It is designed to improve network efficiency and scalability and marks a significant milestone for the project.

SC price chart SC price chart

Meanwhile, Siacoin’s positive developments are also influencing market sentiment as bulls gain the upper hand. In the same vein, the Fear & Greed Index is at 78 with investors actively trading. Moreover, the trading data reflects on the positive side, with the coin trading above its 200-day simple moving average. Similarly, out of the last 30 days, there were 16 green days, or 53% of the total time.

Likewise, Siacoin’s price surged 264% last year, mainly heading north. It outperformed 88% of the top 100 coins, including Bitcoin and Ethereum. This demonstrates its strong performance and resilience in the market. Additionally, Siacoin boasts high liquidity based on market capitalization.

Given its solid fundamentals and strategic partnerships, Siacoin has significant potential for future growth. On this note, analysts predict that the price of SC could surpass $0.0118 by 2024 if the projects announce further collaborations. Nonetheless, a bull market could keep the average price of SC around $0.0107 through the same year.

2. Tron (TRX)

TRON DAO has unveiled its strategic roadmap to pioneer innovative Bitcoin Layer 2 solutions. TRX boasts over 210 million user accounts and has a formidable presence in the blockchain domain. It has also facilitated more than 7 billion transactions. On this note, TRON aims to reshape the narrative surrounding blockchain interoperability. Likewise, it aims to increase the utility of stablecoins within the Bitcoin ecosystem.

The TRON network’s market capitalization is $55 billion, and its Total Value Locked (TVL) is $22 billion. This latest integration therefore marks an important milestone. This establishes a direct connection between the TRON network and Bitcoin. It also gives you access to a staggering $55 billion worth of value. This move brings new financial accessibility to the Bitcoin ecosystem and layer 2 solutions like Ordinals.

TRX price chart TRX price chart

With this collaboration, the TRON market price responded positively. TRX is currently at $0.139493, reflecting a 1.23% intraday increase. These price increases reflect the bullish stance held by investors. It also has a greed score of 78, which is evidenced by the coin’s continuous trading. This indicates extreme greed among investors. Last year, TRON witnessed an astonishing 95% surge in its price.

Additionally, TRON is showing a positive trajectory, trading above its 200-day SMA. It also shows solid performance relative to the token sale price. Additionally, TRX has recorded 22 green days in the last 30 days, achieving a 73% success rate. Additionally, TRON shows high liquidity based on its significant market capitalization. This establishes TRX as one token with long-term return potential.

3. JASMY

JasmyCoin, a leading Japanese cryptocurrency project, recently entered the green zone. According to Coincodex, the value of JASMY surged 29% in the last 24 hours, reaching $0.009894. This surge represents a 71% gain for the week. Additionally, the price spike coincides with the activity of two dormant whales. They moved a total of 665.655 million JASMY tokens (worth $5.36 million) on Coinbase. According to Spotonchain, these tokens were withdrawn at an average price of $0.008054.

Jasmy price chartJasmy price chart

Moreover, the bullish sentiment surrounding JASMY is growing as interest from Japanese venture capital investors grows. Analysts speculate that this increased interest could push JASMY to $0.30. Experts also highlight JASMY’s partnership with venture capital firm DWF Labs, a potential catalyst for further price movement. DWF Labs has a track record of participating in cryptocurrency price movements.

Meanwhile, JasmyCoin’s price forecast is optimistic, with a Fear and Greed Index score of 78 (indicating extreme greed). JASMY is currently trading near its cycle high of 0.012335 and is poised to surpass it. Moreover, it is 348.31% higher than the cycle low. Likewise, it is trading 162.85% above its 200-day simple moving average of $0.004690.

4. Ituk Tuk (TUK)

eTukTuk’s The performance has piqued the interest of cryptocurrency investors looking to tap into its potential. Unlike many other electric vehicle (EV) projects, eTukTuk stands out in that it targets challenges facing developing countries, particularly urban mobility and climate change.

Investors are now taking note of the TUK token presale, which offers early access for $0.027 per token. This provides an opportunity to acquire a stake in the eTukTuk transportation ecosystem before the value of the token increases due to public listing.

Moreover, the attractiveness of excellent equity rewards is attracting investors to participate in the TUK token pre-sale. Staking TUK tokens also provides a path to passive income with an annual reward rate of 182%. This encourages investors to hold tokens by participating in events. Ituktuk The ecosystem grows.

Visit eTukTuk Presale

5. Just (JST)

JustLendDAO has seen a significant surge in market size recently. This milestone has now reached an impressive $7.3 billion. This therefore highlights the increased adoption and interest in the platform among investors and users. Additionally, the upcoming HackaTRON Season 6, scheduled to run from February 20 to June 28, 2024, promises to be a collaborative and engaging event.

Co-hosted by TRON DAO, JustLend DAO, and several other networks, this season is poised to leverage the collective expertise and resources of participants to drive innovation and growth within the blockchain ecosystem. These efforts are expected to take the development and adoption of blockchain technology to new levels.

JST price chartJST price chart

Meanwhile, JustLendDAO has shown impressive performance showing investor engagement and trading volume over the past 24 hours. The platform recorded an increase in Unique Active Wallets (UAW) with 193 new wallets, registering a rise of 19.14%. Additionally, the number of transactions processed on the platform increased by 6.67%, reaching a total of 416 transactions during the same period.

This surge in activity was also reflected in the platform’s trading volume, which soared by 90.96% to $476.45 thousand. Considering these metrics, the JustLendDAO native token holds significant potential for future growth and appreciation. Therefore, analysts predict that if the current bullish trend in the cryptocurrency market continues, the token price could surpass $0.078 by 2024.

Additionally, with an expected average price of around $0.071, the token is poised to maintain a stable and attractive value. This therefore provides investors with an opportunity to capitalize on the platform’s growth trajectory and potential collaborations with other networks in the future.

Learn more

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

Related Articles

Back to top button