Dec 2 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

adminDecember 3, 2023

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This article compiles the eight best cryptocurrencies with prices below 1 cent as of December 2nd. Investors can discover promising investment opportunities in cheap cryptocurrency assets and consider their growth potential in the current market scenario.

bitcoin, dominant cryptocurrency, dominance decreased slightly by 0.14% and settled at 51.97%. This slight shift in dominance highlights potential moves within the broader cryptocurrency market.

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

Collectively, these indicators depict a nuanced snapshot of the cryptocurrency market, showing subtle changes in market capitalization and significant changes in trading volume across various sectors, including DeFi and stablecoins.

1. Earth (MOON)

Terra (LUNA) is trading above its 200-day simple moving average, suggesting a bullish trend. Additionally, we maintain high liquidity based on market capitalization. The price history of the coin shows significant fluctuations. On May 27, 2022, Terra hit an all-time high of $18.87.

LUNA price chart

The supply dynamics of the project are significant. The circulating supply is 593.71 million LUNA out of the maximum issued amount of 1 billion LUNA. Moreover, the annual supply inflation rate reached a whopping 365.75%, creating 466.24 million LUNA over the past year.

11/11 We would like to thank all the committee members who stepped up to create Terra’s first staking program 🙏
Please follow the committee’s activities in the Delegation Committee channel on Terra Discord (https://t.co/prEuuRv2np) and stay tuned for future announcements!
— Provided by Terra 🌍 LUNA 🌕 (@terra_money) December 1, 2023

Additionally, the sentiment around Terra’s price prediction is currently bullish, in line with the Fear and Greed Index of 74 (Greed). However, it is important to consider volatility and inflation rates when evaluating Terra’s potential investment or performance prospects.

2. Algorand (ALGO)

Analysis of ALGO’s price action shows a consolidation phase between $0.12 and $0.15 on the 4-hours (4H) chart. During this period, prices fluctuated and frequently crossed the 50 exponential moving average (EMA).

The 200 EMA showed consistent demand, contributing to the formation of several highs and lows. This indicates underlying market demand that could break out of the current range and fuel a continuation of the upward trend.

know price chart

A particular pattern with a round bottom has emerged within a sideways range, suggesting a potential bullish scenario. This pattern forms a neckline at $0.1420, indicating a potential trigger point for a breakout of the range.

Thank you to everyone who attended #AlgoImpactSummit Watch live streams and updates.
Let us announce Creating Impact! A pitch competition winner will soon be born.
The past two days have demonstrated how blockchain can solve some of the world’s most intractable problems. pic.twitter.com/VDJlyYDxfN
— Algoland Foundation (@AlgoFoundation) December 2, 2023

Moreover, increased volume is consistent with the idea of a continuation of the bull run and could potentially accelerate the upward move. However, while these indicators suggest the continuation of a bullish trend, it is important to note that market movements can change depending on unexpected factors.

3. VeChain (VET)

VeChain (VET) made notable developments in November through its partnership with AWorld, specifically focused on blockchain integration for environmental sustainability. This collaboration highlights VeChain’s commitment to leveraging its platform for social and ecological purposes.

VET price chart

In other news, VeTags, known for its innovative pet care solutions, announced its collaboration with VeChain through its official X account. This partnership aims to bring cutting-edge technology to pet owners around the world by linking VeTags with prominent blockchain platforms.

Need help exporting your keystore from VechainThor to VeWorld?
Check out this clip for instructions!
Download the new official wallet: https://t.co/jxKfLbLfNz#vechain #blockchain #Cryptocurrency $VET https://t.co/z9qerUSLZW pic.twitter.com/of9gpp6ObB
– VeChain (@vechainofficial) December 2, 2023

Regarding market movements, VeChain (VET) has shown a continuous upward trend since early November. At the time of this writing, it is trading at around $0.02, an increase of around 14% over the month. Technical analysis has a mix of neutral and bullish signals, suggesting a cautiously optimistic outlook.

4. eCash (XEC)

The eCash cryptocurrency has experienced a 2% price increase over the past year. Volume is currently above the 200-day simple moving average, indicating a positive performance trend. There have been 15 profits within 30 days, which accounts for 50% of recent trading activity. The annual inflation rate is 1.73%.

XEC price chart

The highest recorded price for eCash hit an all-time high of $0.000448 on July 3, 2021. Conversely, it hit an all-time low of $0.00001746 on July 20, 2021. The highest price observed after this low was $0.000386.

Currently, sentiment regarding eCash’s price prediction is leaning toward a bullish outlook. At the same time, the fear-greed index is 74, indicating the level of greed in market sentiment.

The eCash ecosystem is buzzing with activity, from the highly anticipated launch of Avalanche Stake Rewards to the announcement of new listings and integrations. November was a truly emotional and important month. #eCash! 💯😍
Let’s summarize! 🧵👇🏼 pic.twitter.com/baHNaUsaqS
— eCash (@eCashOfficial) November 30, 2023

Regarding supply metrics, eCash has a circulating supply of 19.57 trillion XEC out of a maximum supply of 21 trillion XEC. The annual supply inflation rate is 1.73%, generating 332.73 billion XEC over the past year. Within the Layer 1 sector, eCash currently ranks 42nd in market capitalization.

5. COFFEE

DWF Labs, a renowned digital asset market maker, recently announced a strategic partnership with Kava Chain, a Layer-1 blockchain network. The collaboration aims to leverage the strengths of both institutions to promote the development of decentralized finance (DeFi).

KAVA price chart

Their joint focus is to strengthen Kava’s DeFi ecosystem, especially decentralized exchanges (DEXs). This move coincides with Kava’s transition to the Cosmos layer-1 blockchain, following Injective’s adoption of the Kava Chain’s native USDT for Perps trading. This decision highlights the growing awareness of Kava’s products in the DeFi domain.

🚀 One week later #Kava 15 Fire! Prepare for zero inflation! pic.twitter.com/WGg797V7GS
— KAVA (@KAVA_CHAIN) November 30, 2023

The impact of this collaboration is reflected in KAVA’s recent performance, which observes an upward trend and consistently trades above the 200-day simple moving average. Additionally, in the past 30 days, KAVA has seen positive price movements, with an increase of 57% over 17 days. Liquidity remains strong and is evidenced by market capitalization.

6. Meme Combat (MK)

combat memes It has emerged as a notable player in today’s cryptocurrency market and is making a significant impact on the environment. Currently in the pre-sale phase, the project has attracted initial interest from potential investors and participants, raising $2,333,803 of its $2,500,000 goal. The platform prides itself on providing innovative gaming experiences tailored for cryptocurrency industry enthusiasts.

If you can buy it, please raise your hand. $MK Before the price goes up🙌 pic.twitter.com/smqEjxMJQR
— Meme Kombat (@Meme_Kombat) November 30, 2023

One of the unique features of Meme Kombat is its unique mix of staking and betting features. The integration of staking and betting mechanisms aims to improve the utility of MK tokens to the user base.

In addition to the current stage combat memes We plan to list the token on a decentralized exchange. The project whitepaper explains that 10% of the total token supply will be allocated to provide liquidity to facilitate faster and more decentralized trading of MK tokens. This strategy highlights the project’s commitment to enabling decentralized token trading.

7. CurveDAO Token (CRV)

Curve DAO token (CRV) has seen positive market movements over the past 30 days, with 16 gains, amounting to an increase of 53%. Liquidity is noteworthy thanks to its high market capitalization.

CRV price chart

As of today, CRV price is $0.581126, with trading volume of $98.53 million over the last 24 hours. The market capitalization is $538.79 million and the market dominance is 0.04%. Over the past day, CRV price has increased by 1.90%.

Perhaps a brief summary:
– Old stableswap oracles are not safe to use (current oracles are safe).
– If the stable’s peg is expected to be <0.5 – keep it second in the list of coins (e.g. WETH,frxETH instead of frxETH,WETH).
– Learn how Oracle works before you use it! https://t.co/bjPrzFaIyh
— Curve Finance (@CurveFinance) November 30, 2023

Sentiment analysis suggests a bullish trend for CRV price prediction. At the same time, the Fear and Greed Index shows a value of 74, indicating a greed-inclined tilt in market sentiment.

8. Pepper (PEPE)

Pepe Coin is currently showing several notable trends and indicators within the market. Currently at $0.000001133, the 24-hour trading volume is $46.92M and the market capitalization is $476.52M.

PEPE price chart

Notably, it has been trading above its 200-day simple moving average and has experienced 15 green days in the past 30 days, recording a 50% positive trend. Moreover, Pepe Coin has a bullish price prediction sentiment.

It happened on December 1st $PEPE 🐸🎅🎄🎁🎊 pic.twitter.com/hMROa8c3en
— Pepe (@pepecoineth) December 1, 2023

This is consistent with the Fear and Greed Index, which shows a value of 74, indicating that the market is leaning towards greed. Additionally, Pepe currently holds the 3rd place in the meme coin category by market capitalization with a circulating supply of 420.69T PEPE out of the maximum supply of 420.69T PEPE.