Jan 2 6 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

adminJanuary 2, 2024

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Investing in digital assets doesn’t always require huge investments. Several promising tokens can be purchased for a few cents. These ‘cheap cryptocurrencies’ offer a cheap entry point into the market and have tremendous growth potential. This article collects cheap tokens worth less than 1 cent that investors can add to their portfolio.

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

Bitcoin’s surge past $45,000 sparked investor interest in the market. These expectations highlight the potential for mainstream adoption. In addition, interest in the upward trend has increased. cheap tokens Among investors. The following cryptocurrencies available for less than 1 cent offer investors entry into the market.

1. Algorand (ALGO)

Algorand has made significant progress in the cryptocurrency market. The project has partnered with TravelX and Viva Aerobus to digitize airplane tickets using blockchain. The move garnered attention as it demonstrated Algorand’s potential beyond traditional financial transactions.

know price chart

Algorand has also partnered with organizations such as NASSCOM and TiE Bangalore in India. It therefore aims to expand its scope and usefulness across a variety of fields. Likewise, Algorand envisions a more efficient financial environment by emphasizing security, decentralization, and scalability.

Moreover, Algorand recently surged 20%, hitting its highest level in a year. This rise reflects investor recognition of technological advancements and partnerships. Algorand aims to leverage its technology strategically to break through current levels of market resistance. This therefore highlights its significant potential as a cryptocurrency asset worth monitoring closely.

AlgoExplorer has been a hallmark of the Algorand ecosystem, and we would like to say a few things about it as it announces its end.@Algo_Explorer It was launched in April 2019, the same day that Algorand’s public testnet was born.
Over the years, their products have made it possible to…
— Algoland Foundation (@AlgoFoundation) December 21, 2023

Based on the ongoing trend, market forecasts indicate that the potential price range for Algorand (ALGO) in 2024 is $0.197-$0.342. These forecasts anticipate growth driven by strategic partnerships and technological advancements.

2. Sui (SUI)

The Sui blockchain has recently made significant progress in the field of decentralized finance (DeFi). In particular, the project awaits the launch of Solend, a leading lending protocol based on Solana. These changes aim to strengthen Sui (SUI)’s DeFi traction. This is therefore evidenced by the over 500% surge in Total Value Locked (TVL) since September.

The Sui team, comprised of experienced experts in Facebook’s blockchain space, puts an improved developer experience first. The team also emphasizes enhanced security through collaboration with leading blockchain security companies such as Zellic and Ottersec.

SUI price chart

Additionally, integrating DeFi protocols like Solend into the Sui (SUI) blockchain can enhance Sui’s value and market perception. Additionally, the network focuses on user-friendly development tools, enhanced security, and high transaction throughput. This is beneficial for increasing adoption and potentially increasing transaction value.

Currently, the sentiment regarding Sui Crypto’s price prediction is bullish. This emotion corresponds to a Fear and Greed Index score of 71, indicating a state of “greed.” The circulating supply of Sui Crypto is 1.1 billion out of a maximum supply of 10 billion SUI. In the layer 1 sector, Sui Crypto ranks 41st by market capitalization.

Some key observations include trading above the 200-day simple moving average. We also experienced positive performance relative to the token sale price. SUI has also had green days 18 of the last 30 (60%) and is trading near cycle highs.

3. BLUR

NFT marketplace Blur (BLUR) has recently seen impressive growth in trading volume, surpassing industry leader OpenSea. According to data from DappRadar, Blur continues to dominate monthly NFT sales, bringing significant change to the NFT market.

Meanwhile, Blur’s NFT sales hit $590 million last month alone, surpassing all other platforms. During the recent market cycle, BLUR hit a high of $0.679713. This high reflects bullish sentiment with a Fear and Greed Index of 71 (Greed).

blur price chart

Key technical indicators show a positive trend for Blur. These trends include trading above the 200-day simple moving average. Additionally, there were 15 (50%) green days in the last 30 days. This coin also has strong liquidity, as evidenced by its market capitalization.

Blur accounts for nearly 80% of NFT volume as market activity surges https://t.co/L3mBo0dVYA
— The Block (@TheBlock__) December 4, 2023

Analysts are optimistic about Blur’s future trajectory, citing the project’s solid fundamentals and dedicated community as important drivers. Predictions regarding the performance of the BLUR coin suggest that it is likely to surpass $2.96 by 2024.

However, this will depend on potential collaborations with other networks and the continued bullish trend in the cryptocurrency market. Additionally, projections show that the average price of Blur coins by 2024 will be around $2.68.

4. Ivy (HBAR)

Hedera recently integrated WalletConnect into its network to improve user compatibility and interoperability. This move coincides with a surge in HBAR’s value from $0.070 on December 18 to $0.096 on January 2.

HBAR price chart

Hedera is showing a bullish trend supported by 27 positive technical indicators. It is also trading above its 100-day and 200-day exponential moving averages (EMA), indicating optimism among traders. Market analysts predict that the price of Hedera coin is likely to rise to $0.0998 by January 2024. However, this forecast depends on noteworthy developments and general technological trends.

Hedera’s circulating supply is 14.83 billion HBAR out of a maximum of 50 billion HBAR. It also ranks 13th in the proof-of-stake coin category. It also ranks 33rd in the layer 1 sector based on market capitalization.

“with #girl name, @abrdn_plc We are preparing for a future where investors can buy and store tokenized assets and trade them on a variety of platforms. #RWA #TokenizationThe good news is that 2023 is just a harbinger of things to come.” https://t.co/Z3NsZyZRKO pic.twitter.com/FUsnMvjYBW
— Ivy (@ivy) December 29, 2023

Key highlights also include a significant price surge of 153% over the past year, outperforming 66% of the top 100 cryptocurrency assets. Recent trading trends confirm a favorable trajectory, with 18 positive days in the last 30 days. In particular, the coin trades near peak cycles and maintains high liquidity due to its market capitalization.

5. BEAM

The recent partnership between Beam and Ghost Ivy Development Studio, creators of Haven’s Compass, marks a pivotal moment for the game.

beam price chart

This collaboration aims to enhance the gaming experience as the game prepares for its final release in 2024. Beam’s blockchain technology integration ensures secure in-game transactions and encourages creativity through the Beam SDK. Additionally, the partnership with Seedify is expected to bring a new dimension to the game.

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📁 New financial reports.
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— Merit Circle (@MeritCircle_IO) January 1, 2024

In recent performance, Beam has shown a positive trend, with 17 “green days” over the past 30 days, up 57%. It currently has a circulating supply of 48.04 billion out of a maximum of 62.75 billion BEAM tokens.

6. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We present a new approach that allows users to stake BTCMTX tokens for cloud mining credits. The project aims to decentralize control and provide a secure mining environment for token holders.

Additionally, the platform’s staking pool has received significant attention, with over 400,000 BTCMTX tokens currently staked. This move resulted in an advertised annual percentage return (APY) of 103,225%, reflecting strong interest from participants.

#Bitcoin Metrics Step 17 has begun!
What technological developments in cloud mining are you most excited about? 🔍 pic.twitter.com/HEIOHE0kEX
— Bitcoin Minetrix (@bitcoinminetrix) January 1, 2024

In its initial pre-sale phase, Bitcoin Minetrix has shown notable traction in the market. Currently in progress BTCMTX The pre-sale raised over $7,207,741 by selling tokens at $0.0125 each. This number constitutes 70% (2.8 billion BTCMTX) of the total token supply of 4 billion. Interested investors can acquire these tokens using ETH or USDT.