Blockchain

Apr 21 6 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

adminApril 22, 2024

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As the Bitcoin halving approaches, the fear/greed score has surged to 89 due to rising transaction rates. This increase in activity has also led to an increase in trading volume. These events have led investors to revise their portfolios in response to optimistic market outlooks.

Moreover, investors continue to look for cost-effective market entry points. Some investors have secured promising investment opportunities by primarily targeting low-cost tokens. However, identifying low-cost cryptocurrencies with potential requires a tremendous amount of time and effort. In this article, we have compiled a list of cryptocurrencies worth less than 1 cent that investors should keep an eye on.

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

This review provides useful insights for investors looking to evaluate the growth potential of various tokens. A number of tokens, including those priced under 1 cent, are currently trending upward, providing an opportunity for investors to enter the market.

mega dice is preparing to launch its DEX after a pre-sale and is urging early investors to secure tokens at favorable prices. This pre-sale marks an important milestone not only in the cryptocurrency market but also in the gaming niche. Investors looking for promising Gamble tokens can add $DICE to their watchlist.

1. Shiba Inu (SHIB)

Despite Shiba Inu market sentiment showing a bearish outlook, the coin’s Greed Index is at 78. This index indicates that the coin may recover soon. However, this uptick may depend on bullish factors that could come sooner than expected. Expectations hinge on the coin’s ability to surpass important resistance levels.

However, Shiba Inu experienced an increase of 8.92% in the intraday trading session. This increase brings the coin’s value to $0.02003. Along with the surge, trading volume also increased by 18.41%, now reaching $602.19 million.

Shiba Inu price chartShiba Inu price chart

Meanwhile, Shiba Inus have shown impressive performance, recording a growth rate of 147% so far this year. Additionally, SHIB is currently trading a whopping 86.16% above its 200-day simple moving average of $0.00001483. These trends suggest strong market momentum and high liquidity based on market capitalization.

Leveraging its large following, the coin is utilized for payments by several businesses. This growth can be attributed to creativity and support. It has received public endorsements from influential figures such as Elon Musk and Vitalik Buterin. SHIB could soon see a higher uptrend as potential factors arise that could trigger bullish momentum.

2. Floki (Floki)

Floki showed signs of price recovery, trading at $0.0001677, up 11.56%. The price sentiment for the token is currently bullish. This has made market participants optimistic about a continued upward trend. Meanwhile, the Fear and Greed Index confirms this prediction, as a score of 76 indicates an increase in token trading.

Likewise, Floki’s YTD performance has been impressive, surging 500%. The rise in value means it has outperformed 87% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token maintains its position above its 200-day SMA, suggesting a strong upward trend.

Floki price chartFloki price chart

Additionally, Floki showed high liquidity based on market capitalization, arousing investor enthusiasm. The robustness of the token is evident with 15 green days published in the last 30 days, representing a 50% success rate.

Coincodex predicts that Floki will rise 228.76% by May 11, 2024, reaching $0.000644. Additionally, analysts estimate that Floki could hit a potential high of $0.000929 next year. This forecast is based on historical price movements and the BTC halving cycle. Floki Inu’s consistent performance and positive sentiment makes it a promising prospect for investors seeking growth opportunities in the cryptocurrency market.

3. Pepe (Pepe)

The meme coin category is leading the cryptocurrency market in the first quarter of 2024, delivering incredible returns to investors. According to Coincodex data, the market capitalization of representative meme coins has surged 1,312.6% since the beginning of the year. In particular, Pepe has achieved a significant jump in value during the meme rally, with an impressive increase of 12,984.23% over the past year.

Moreover, Pepe is trading at $0.000005792 with a significant increase of 7.32% in 24 hours. Additionally, the coin is trading 620.81% above its 200-day SMA, showing strong market performance. Reflecting high liquidity relative to market capitalization, we provide investors with abundant trading opportunities.

pepe price chart pepe price chart

Moreover, technical indicators point to a bullish mood. The Fear and Greed Index puts Extreme Greed at 80. Coincodex’s forecast predicts a further upward trend for Pepe. Additionally, the projected price target by May is $0.00002569, predicting a potential increase of 229.86%.

Meanwhile, Pepe recorded green candlesticks for 14/30 days. This reflects a price volatility of 9.57%. Analysts recommend Pepe as a promising coin considering the bullish sentiment and positive market movements.

4. Nervos Network (CBK)

Nervous Network’s market capitalization surpassed $1 billion this year. It outperformed existing cryptocurrencies such as XRP and ADA. CBK’s 2024 price trajectory is a 5.3-fold increase, raising its value to $0.02688. Analysts predict that Nervos could surpass its 52-week high of $0.025. The upcoming bullish wave in April could see a significant rise to $0.044.

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

Nervos Network Price ChartNervos Network Price Chart

Additionally, analysts are optimistic about Nervos Network’s price predictions. The token’s greed score is 78, reflecting extreme greed. CKB is trading near its cycle high of $0.02003. The token benefits from high liquidity due to its significant market capitalization.

Additionally, on a year-to-date (YTD) basis, CKB has experienced a whopping 499% price increase. This performance means it outperforms 86% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum.

Additionally, Nervous Network is trading 258.84% above its 200-day SMA. This SMA confirms strong market performance. Analysts suggest continued bullish sentiment, which would lead to significant price gains.

5. Mega Dice (dice)

Mega Dice is quickly becoming one of the fastest growing cryptocurrency casinos. It boasts over 50,000 active users and $50 million in monthly revenue. With over 4,000 games and a variety of options, the sportsbook offers users plenty of fun.

Recently, they launched a pre-sale for their token, $DICE, on the SOL blockchain. Pre-sales raised more than $300,000 in just a few hours. This strong demand is reflected in the current price of $0.069.

The token also aims to reshape the platform by providing daily rewards to users based on casino performance. We utilize a variety of strategies to spark excitement and community engagement, including airdrops to $SOL whales. This approach has accelerated pre-sales. With a total supply of 420 million $DICE tokens, the pre-sale allocation will make up 35%, with additional allocations earmarked for various purposes.

Mega Dice is preparing to launch its DEX after a pre-sale and is urging early investors to secure their tokens at a favorable price. This pre-sale marks an important milestone not only in the cryptocurrency market but also in the gaming niche. Investors looking for promising Gamble tokens can add $DICE to their watchlist.

Visit MegaDice Presale

6. Bonk (bonk)

The value of Bonk has fallen following a descending triangle pattern, but the token is showing signs of breaking away from this trend. Bonk is trading at $0.00002066 today, up 27.16% in the last 24 hours.

Despite recent difficulties, Bonk has a market capitalization of $1,040,874 with a circulating supply of 75 trillion BONK. We are making intensive efforts to expand our ecosystem. The token focuses on three key pillars to solidify its position as the premier community coin on Web3.

Bonk price chartBonk price chart

Last week, Bonk underperformed the global cryptocurrency market, falling 6.90%. It also underperformed the similar Meme cryptocurrency, which rose 0.90%. However, Bonk’s trading volume decreased by 44.30% in the last 24 hours, reaching $675,860.

Tokens can be traded on various exchanges, Raydium being the most popular. The trading volume of the BONK/SOL pair is $27,253.71 compared to the previous day. Despite recent challenges, Bonk remains focused on its mission to grow and prosper within the cryptocurrency community.

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adminApril 22, 2024

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