Dec 19 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

adminDecember 20, 2023

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

Transaction volume in the decentralized finance (DeFi) sector reached $7.23 billion. This accounts for approximately 13.13% of the total cryptocurrency market 24-hour trading volume. In contrast, stablecoin trading volume surged to $49.4 billion, accounting for approximately 89.67% of the total cryptocurrency market trading volume during the same period.

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

In other news Blockchain-based private credit It has experienced a resurgence as companies seek alternative sources of financing in an environment of rising interest rates. The sector has seen a notable increase in activity following a slump during the cryptocurrency crisis the previous year.

Active private lending facilitated through digital ledgers has surged 55% since the start of 2023, reaching about $408 million as of November, according to data from RWA.xyz, a platform that monitors debt.

1. Injection (INJ)

INJ has recently seen positive price movement, with its value rising 4.64%. Over the past year, INJ’s price has surged a whopping 2,030%, outperforming 97% of the top 100 crypto assets. Additionally, INJ has consistently traded above its 200-day moving average and has shown positive growth relative to its initial token sale price.

INJ price chart

Over the past 30 days, INJ has seen positive price movements for 15 days, which accounts for half of the observation period. This increase in value is supported by high liquidity reflected in the market capitalization. The highest price during the last cycle was $32.58, which shows the past performance of the token.

INJ holders can delegate their tokens to one of 135 existing validators 🥩
Below is a step-by-step guide on how to transfer and delegate INJ. @Coinbase ⬇️https://t.co/locSLNqoL3
— Injective 🥷 (@Injective_) December 16, 2023

Additionally, market sentiment towards Injective appears to be bullish, with a Greed Index rating of 65. Injective’s circulating supply is 83.76 million INJ out of a maximum supply of 100 million INJ.

2. Launchpad XYZ(LPX)

Launchpad XYZ It has become a notable platform in cryptocurrency trading with the goal of helping users make better decisions in the Web 3.0 era. It provides a detailed dashboard with data to help investors choose the right cryptocurrency investments.

#DAO Governance is being reorganized. #Cryptocurrency world. 🌐
It provides a collective decision-making structure based on smart contracts.#Launchpad knows #web3 #Cryptocurrency pic.twitter.com/yM1kTObKFx
— Launchpad.xyz (@launchpadlpx) December 17, 2023

One of the unique features of Launchpad XYZ is its use of reliable market sentiment. This gives users insight into what investments influencers are investing in, which can help them make decisions. The platform also educates users, encouraging them to make their own trading choices instead of relying solely on external information.

at Launchpad XYZ The ecosystem has a token called LPX. Holding at least 10,000 LPX tokens gives users access to exclusive features. These perks include low trading fees and other benefits of the Launchpad XYZ decentralized exchange.

3. SIX

Sei v2 is set to be a pioneering parallel EVM blockchain thanks to a proposed update from Sei Labs. The goal of this update is to merge Ethereum-compatible systems into Sei’s core while retaining advanced consensus mechanisms and parallelization features.

SEI price chart

The goal is to seamlessly deploy Ethereum and Layer 2 applications on Sei, allowing users to use familiar tools like Metamask. Currently, Sei is circulating 2.3 billion SEI out of a total of 10 billion SEI. In the market, it ranks 17th in the proof-of-stake coin category and 46th in the layer 1 category.

📢 The Sei + CoinGecko learning and savings campaign has ended. Thank you to everyone who participated!
If you’re one of the first 18,000 valid entries, you can now:
– Visit https://t.co/EtR7shsF0b.
– Connect the wallet entered with the campaign,
– Request 50 stakes… https://t.co/LvzuuCnalk
— Sei 🔴💨 (@SeiNetwork) December 11, 2023

Over the past 30 days, Sei has recorded 15 positive trading days, up 50%, indicating growing market interest. Additionally, the project boasts high liquidity relative to its market capitalization.

4. Monero (XMR)

Monero (XMR), known for its focus on privacy, showed positive market sentiment by maintaining price stability above $160. The current trading range is between $160 and $176, showing resilience due to continued buying and favorable market conditions.

Currently, Monero price prediction sentiment is neutral, with a fear and greed index of 65 (greed). Monero’s circulating supply is 18.37M XMR out of a maximum of 18.20M XMR.

XMR price chart

Additionally, highlights include a 17% price increase over the past year and consistent trading above its 200-day moving average. It has also recorded 15 (50%) positive trading days out of the last 30 days, showing significant liquidity based on market capitalization.

5. Teller (TRB)

Over the past year, Teller prices have skyrocketed 710%. This surge outperformed 94% of the top 100 cryptocurrencies, including giants like Bitcoin and Ethereum. It is currently trading above the 200-day moving average, a key indicator, indicating a continued upward trend. Additionally, Teller boasts strong liquidity based on its significant market capitalization.

Moreover, market sentiment is optimistic about Tellor’s future price. This combined with a rating of 65 (greed) on the Fear and Greed Index potentially influences investor behavior.

TRB price chart

Regarding token supply, Teller has 2.52 million TRB in circulation out of a maximum of 2.41 million TRB. This results in an annual inflation rate of 11.04%, which equates to approximately 250,598 new TRBs created last year.

6. Fetch.ai (FET)

As can be seen from the price forecast sentiment, the current market sentiment for Tribe appears to be neutral. Meanwhile, the Fear and Greed Index records a value of 65, indicating that investor behavior is tilted towards greed.

Currently, 532.24 million TRIBE tokens are in circulation out of a maximum supply of 1 billion TRIBE. Over the past year, Tribe has seen significant growth, with its price soaring 128%. This growth outpaced 70% of the top 100 cryptocurrency assets over the same period.

Additionally, the current trading status places Tribe above the 200-day simple moving average, indicating a bullish trend. Moreover, the coin has seen positive price movements on 15 of the last 30 days, representing a 50% percentage of positive trading days.

7. TG.Casino (TGC)

TG Casino An innovative combination of online gaming, cryptocurrency, and Telegram messaging. The main goal is to create a seamless gaming experience with cryptocurrency trading using Telegram’s secure, fast communication and large user base.

Cryptocurrencies are a big part of the platform, centered around the platform’s digital currency, $TGC. $TGC not only acts as a digital currency, but also represents the interests of TG.Casino and aims to change the way casino rewards typically work.

We raised over $4.3 million this year. $TGC Reservation 💎
We are steadily progressing toward $5 million!
Can you finish it within this week? pic.twitter.com/ifI0ZOe4eU
— TG Casino (@TGCasino_) December 18, 2023

Our partnership with Telegram is important because of our strong security features, such as encryption, and our focus on protecting user privacy. TG.Casinos target. Telegram’s ability to handle large numbers of messages and transactions further enhances this project. Additionally, the adaptive system allows you to customize your gaming experience even in complex games.

8. Echelon Prime (PRIME)

Echelon Prime’s current outlook suggests a neutral sentiment toward its price forecast. Investors’ inclination towards the project is very positive, as indicated by the fear and greed index of 65 points, which reflects the state of greed in the market.

prime price chart

Regarding token availability, Echelon Prime has 26.27 million PRIME tokens in circulation. This is possible out of a total token supply of 111.11 million.

Distribute gameplay releases to @ParallelTCG Player with 1+ $PRIME Prize money as of December 14, 2023.
Gameplay emissions are sent. @BuildOnBase. Be sure to check your default wallet! pic.twitter.com/llHVtG1Fqo
— Echelon (@EchelonFND) December 16, 2023

Based on recent performance, Echelon Prime’s trading trend is above its 200-day simple moving average. Over the past month, the project has achieved positive profits for 15 days, which is half of the observation period.