Dec 14 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

adminDecember 15, 2023

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Inspecting Bitcoin’s Influence, dominance was 51.85%, a slight decrease of 0.18% during this period. This indicator highlights Bitcoin’s position compared to other cryptocurrencies in the market.

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

One imminent development is cryptocurrency space The launch of the first Bitcoin ETF is imminent. The highly anticipated launch is expected in the first quarter of 2024. This launch marks a pivotal moment in the cryptocurrency landscape, potentially expanding accessibility and institutional participation in Bitcoin.

1. Lolbit Coin (RLB)

Rollbit Coin has made significant progress in the cryptocurrency space, gaining 9,061% last year. This coin was the best performer, outperforming 99% of the top 100 cryptocurrencies. In particular, it continues to trade above the 200-day simple moving average, indicating a continued positive trend.

RLB price chart

The current value of Rollbit Coin is $0.190740, boasting a market capitalization of $628.86 million, a trading volume of $630,558 in the last 24 hours, and a market dominance of 0.04%. The recent one-day increase of 16.88% highlights the dynamic market movements.

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Regarding market sentiment, Rollbit Coin’s current price forecast sentiment is bullish. Meanwhile, the fear and greed index was 72, indicating a state of greed. Rollbit Coin has a circulating supply of 3.3 billion RLB tokens, out of a maximum supply of 5 billion.

2. ELF

Over the past year, Elf has seen incredible growth, surging 541%. This performance outperforms 91% of the top 100 cryptocurrencies. Notably, the elf is trading above its 200-day simple moving average, indicating a positive trajectory. ELF’s market capitalization was $615.09 million, recording a market dominance of 0.04% and a price surge of 4.43% compared to the previous day.

ELF price chart

In the last 30 days, AElf has had 18 positive days, accounting for 60% of the period, suggesting bullish sentiment dominates. Additionally, it boasts high liquidity due to its market capitalization.

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Market sentiment favors Elves, reflecting a bullish outlook. This outlook is corroborated by positive price forecast sentiment and a Fear and Greed Index of 72, indicating investor greed.

3. Launchpad XYZ (LPX)

Launchpad XYZ It has attracted the attention of the cryptocurrency trading community with the goal of changing decision-making in Web 3.0. The platform seeks to empower users with extensive data dashboards to enable more informed cryptocurrency investing.

LPX, the native token within the Launchpad XYZ ecosystem, serves a broader purpose than just informing users about project growth. Those who have staked at least 10,000 LPX tokens can enjoy tangible benefits, including reduced trading fees, on the Launchpad XYZ decentralized exchange.

🚜Yield farming involves earning profits by providing liquidity. #DeFi protocol.
It can be lucrative, but it also comes with risks. Always do your research before diving in. #YieldFarming #DeFiTips #web3 pic.twitter.com/QnvU4pm6Js
— Launchpad.xyz (@launchpadlpx) December 13, 2023

Token holders will also enjoy exclusive perks such as guaranteed access to new NFT releases at competitive prices and early access to exclusive pre-sales. You will also receive discounts on products and services. Launchpad XYZ Provided by our partners.

4. Alone (Hot)

Holor has been in the news today for its recent positive price movement. Prices have risen 36% in the past year. The current price is $0.002298, up 11.08% in the last 24 hours. The price of Holo looks positive, trading above its 200-day moving average, and forecasts suggest further gains.

hot price chart

Last month, the price of Holo rose on the 18th, accounting for 60% of it. It is close to the all-time high of $0.002358, but quite far from the all-time high of $0.031382 from April 2021.

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— Run (@H_O_L_O_) December 9, 2023

What is noteworthy is the good liquidity while maintaining market power of 0.02%. Moreover, market sentiment is positive with a score of 72 (greed) on the Fear & Greed Index.

5. SIX

Sei v2, a new upgrade from Sei Labs, is a huge step forward in blockchain technology. This update merges the Ethereum execution environment into Sei’s core system. It uses Sei’s powerful twin-turbo consensus mechanism and optimistic parallelization to maintain backward compatibility.

6 price charts

What does this mean for you? You can now convert your Ethereum or Ethereum Layer 2 apps to Sei. This move will enable Sei’s faster speeds and better throughput. Users can also continue to use common tools like Metamask when using Sei.

🚨Breaking News: The first EVM app has been published on the Sei v2 internal devnet.
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And now only day 5 of Saywo Room remains. https://t.co/qto6CHm01p
— Sei 🔴💨 (@SeiNetwork) December 13, 2023

On the market side, people are optimistic about the price of Sei, showing a bullish mood. The Fear and Greed Index hit 72 (Greed). Currently, 2.18 billion SEI tokens out of 10 billion are in circulation. Sei ranks 17th in Proof-of-Stake coins and 45th in Layer 1 by market capitalization.

6. IOTA (MIOTA)

IOTA has been making headlines with a significant increase of 46% over the past year. This surge puts it ahead of 51% of the top 100 cryptocurrency assets over the same period. It is currently trading above its 200-day simple moving average, reflecting a continued upward trend in its value. Over the past 30 days, IOTA has experienced 15 days of positive growth.

MIOTA price chart

IOTA exhibits a reasonable level of liquidity and a market power of 0.05% based on market capitalization. The 7.02% increase in the last 24 hours suggests continued volatility in the market.

Considering the market sentiment, the current stance is tilted towards bullish predictions for IOTA. This is consistent with the Fear and Greed Index of 72, which indicates greed in market sentiment.

7. Woo Network (WOO)

The WOO Network currently exhibits several notable trends and indicators in the cryptocurrency market. First, it is trading well above its 200-day simple moving average. accThis indicates sustained positive momentum over the long term. This achievement was further highlighted by a 163% price increase over the past year.

Wu price chart

Recent short-term trends show a bullish mood, with the price surging 27.07% in the last 24 hours. The network also recorded 16 green days in the past 30 days. Therefore, it accounts for 53% of the trading period and shows relatively positive recent performance.

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Additionally, the network’s high liquidity, as evidenced by its market capitalization, contributes to its market stability and attractiveness. Sentiment analysis is biased toward optimistic predictions. Meanwhile, the fear and greed index is currently at 72 (greed), suggesting investors’ optimistic market sentiment.

8. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We present a new approach for users to earn cloud mining credits by staking BTCMTX tokens. The project aims to decentralize control and ensure a safe mining experience for token holders.

The project has garnered significant attention, amassing over 400,000 BTCMTX tokens currently staked. It offers an Annual Percentage Yield (APY) of 103,225%.

🌱💰 @SDIGigital A new record was reached in November 2023, with 193 bitcoins mined and $0.7 million in energy revenue generated, a 4% increase in bitcoin-equivalent production.
Total sales soar to $7.2 million thanks to favorable power prices and improvements #Bitcoin Hashrate…
— Bitcoin Minetrix (@bitcoinminetrix) December 14, 2023

Despite its early stages of development, Bitcoin Minetrix It has shown notable traction, reflected in its surge. The ongoing BTCMTX pre-sale has amassed over $5,285,715 by selling tokens at $0.011 per unit.