Apr 26 5 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1

adminApril 27, 2024

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Cryptocurrency markets have seen significant corrections over the past day. We have seen some of the top tokens moving towards important support levels. Moreover, the market leader bitcoin priceIt hit a pre-recovery low of $62,783.63.

However, Wormhole had a notable bullish reversal on the previous day’s chart. These developments signal mixed sentiment in the cryptocurrency market. Additionally, BONK is approaching the critical resistance level of $0.0000028, a breakout of which could push the price to new highs above $0.000030.

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

It can be difficult to choose between cryptocurrencies that are currently on the rise and pinpoint which ones are profitable. Therefore, the analysis uses various indicators to present several promising altcoins worth considering.

Likewise, the article summarized Slotthana’s pre-sale offer as it announced its launch in three days. The timing of Slotthana offers investors an opportunity to participate in a potential meme coin rally. This development primarily benefits investors who may have missed the initial meme coin explosion.

1. Wormhole (W)

Wormhole currently runs on a variety of major blockchains, including Arbitrum, Optimism, Solana, Ethereum, and Base. This launch allows users to move $W tokens instantly without the need for liquidity pools. The token can now be used as an ERC20 token on EVM-compatible chains and as an SPL token on Solana, which is EVM-compatible. This increases the potential for developing multichain solutions.

This feature represents a significant milestone for Wormhole as it marks the completion of the second phase of the W token launch roadmap. The upcoming phase will introduce a multi-chain governance system that is expected to be a game-changer for the platform when combined with W token staking for governance purposes.

W price chart

The Wormhole (W) token has garnered a lot of attention in the cryptocurrency industry since its launch, and the altcoin has seen significant price fluctuations on the charts. However, the price failed to maintain momentum and continued to trade under bearish influence.

Bitcoin is gaining a programmable economic layer, @worm-hole It is the main gateway.
Built on Wormhole’s multi-chain platform, @Mezzo Network After being activated with day 1 support, it will be connected to over 30 chains, providing secure and fast interoperability.
🧵👇 pic.twitter.com/xoBPdFwwgd
— Wormhole (@wormhole) April 25, 2024

The W cryptocurrency token has had a negative impact on the market, with a loss of 51.38% since launch. However, the price has risen about 15% over the past day and 16.37% over the past week, highlighting the high likelihood of a bullish reversal in the future.

MACD (Moving Average Convergence Divergence) displays a rising green histogram on the chart, indicating increased buying pressure on the altcoin market. Moreover, the averages show a bullish convergence, suggesting a bullish outlook for altcoins in the future.

2. SLOTH

Slotana The official release date was announced in just three days. The platform’s recent social media updates suggest that the community is eagerly anticipating its market debut. As a result, early investors can expect a potential return on the capital invested in the project.

Additionally, the timing of Slotthana provides investors with an opportunity to participate in a potential meme coin rally. This primarily benefits investors who may have missed the initial Meme Coin explosion, which saw the price of the meme cryptocurrency soar nearly 500%. The resurgence of meme culture could be sparked by the confluence of Governors Day and Half-Life celebrations.

Additionally, with the pre-sale still ongoing, investors can purchase 10,000 SLOTH tokens for 1 SOL each. The timing is favorable as the cryptocurrency market is currently at a discount, with asset prices down more than 20%. The market is expected to rebound in the coming weeks, leading to higher prices.

🎬🌵 Are you lucky, sloths? 🎰 With only 3 days left in the pre-sale, it’s time to pack up and get moving. Are you going to sit there, or are you going to join Slotthana on a trip to the moon? The choice is yours. Calculate this. 🔥🦥 #slodana #memecoin pic.twitter.com/lnyqisy2EB
— Slothana (@SlothanaCoin) April 25, 2024

With over 15 million units raised in pre-sale so far, the rising meme market is poised to launch the token at an explosive price once it launches. update on Slotana New developments are often posted on the official Twitter handle. Likewise, the pre-sale page provides information on how to participate in the pre-sale offer.

Visit Slotthana Pre-sale

3. BONK

Bonk, a dog-themed memecoin, has emerged as one of the best altcoins on the market. The token received widespread attention after experiencing explosive growth in the fourth quarter of 2023. It hit an all-time high (ATH) earlier this year, cementing its place among the top cryptocurrencies. Its incredible performance has established it as one of the leading memecoins on the Solana blockchain.

Despite the rapid surge, technical analysis shows that BONK still has potential for further growth, especially if leading cryptocurrencies such as Bitcoin and Ethereum regain momentum. According to Bollinger Bands analysis, BONK is nearing the critical resistance level of $0.0000028, a breakout could push the price to new highs above $0.000030.

Bonk price chart

However, potential risks exist for BONK, especially if BTC and ETH continue to face difficulties. Such a downturn could trigger a reversal and pullback towards key support levels. Investors should monitor these levels closely, especially the range between $0.0000152 and $0.0000186, as it could provide buying opportunities during a recession.

A brief summary of Dubai lighting🔥
BONK captured the attention of the entire CT with The Dog’s drone show, lighting up the night sky in Dubai… 🐾
Where should BONK get the word out next?#Let’sBonk
❗️❗️❗️ pic.twitter.com/wfJInD9l3T
— Bonk!!! (@bonk_inu) April 25, 2024

Despite these risks, BONK’s significant social dominance and strong trading volume have maintained investor interest. This suggests that BONK could continue to gain traction, especially if market conditions improve.

4. BitTorrent (New) (BTT)

BitTorrent is showing signs of recovery after experiencing a decline over the past month. Since the launch of BTFS v2.3.5 mainnet, the platform’s native token has continued to decline. However, there are signs of a potential reversal, with the price rising 9.2% in the last 24 hours to $0.000001351.

However, as of now, the market sentiment for the token is neutral. However, investor confidence appears to be strong as the Fear & Greed Index is currently at 79, which is an extreme level of greed.

BitTorrent price chart

Moreover, in the last 30 days, BTT recorded 15 green days when the closing price exceeded the opening price. These spikes account for 50% of the trading day. BitTorrent recorded an incredible price surge of 128% year-over-year. It outperformed 57% of the top 100 cryptocurrencies.

🛠️#BTFS weekly report
✅Total miners exceed 8 million
✅Total storage contracts exceed 153 million
✅Total revenue exceeds KRW 2504.5 billion $BTT pic.twitter.com/YWQPH6IKag
— BitTorrent (@BitTorrent) April 26, 2024

As a result, BTT is trading 52.6% above its 200-day simple moving average of $0.000069392, indicating an upward trend in the market. This strong performance signals a positive outlook for BitTorrent. Analysts predict that strategic partnerships with other networks could push BitTorrent’s price above $0.00000205 by 2024.

5. Phantom (FTM)

Fantom’s native token, FTM, experienced an incredible surge in March, rising more than 190%. This outstanding performance makes FTM the best-performing non-meme cryptocurrency among the top 100 digital assets in March.

phantom price chart

Despite this impressive rally, FTM’s success led to a 6.83% decline. Specifically, Fantom’s FTM was worth $1.14 on March 22, but fell to $0.74 within a few days. However, some phantom experts remain optimistic and predicted that the value of FTM will rise to around $2.66 by May.

After completing each quest, don’t forget to:
1) Please visit the Galxe page again in a few hours to check whether the quest has been completed. (Galxe platform update takes approximately 2 hours)
2) After completing the quest, please receive points at the bottom of the quest page. https://t.co/uWZWrhcSs2
— Cronos (@cronos_chain) April 25, 2024

Conversely, many FTM analysts have a different view, believing that the issue of smart contract issuance will affect the value of FTM and result in its decline. Experts expect the price of FTM to fall to around $0.54 by the end of April.