Blockchain

Dec 23 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

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Rapid changes are a characteristic of the cryptocurrency market. Therefore, finding affordable and promising investments may take time and effort. Insidebitcoins provides a curated list of some low-cost cryptocurrencies worth less than 1 cent. These promising tokens offer significant potential and investment opportunities for investors. Here are some great cryptocurrencies that could be valuable additions to your investment portfolio.

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

During the week cryptocurrency market, numerous assets saw significant double-digit gains. This gives the impression of broad valuation across a variety of investment options. Among the top performers, BNB recorded a 10% weekly increase. On the other hand, Hedera surpassed this by rising 11%.

1. Graph (GRT)

Over the past year, The Graph has significantly expanded its presence within the web3 infrastructure landscape. Significant milestones highlight this growth, including the number of active indexers over 210 and a dedicated community of over 87,000 delegates.

GRT price chart GRT price chart

Additionally, Graph Network has expanded its support by integrating seven blockchain networks. This includes plans for further additions to the pipeline.

Observing market trends, the highest GRT price since the last cycle low was $0.228464. This indicated a bullish sentiment in The Graph’s price prediction. The Fear and Greed Index is currently at 70 (Greed).

2. All (All)

Celo’s price has been on the rise, rising 44% over the past year. In particular, the current trading volume is showing an upward trend, exceeding the 200-day simple moving average. What further highlights its recent performance is that it has had 21 positive trading days out of the last 30, accounting for a 70% gain.

full price chartfull price chart

Celo is currently near cycle highs, indicating potential market strength. Additionally, liquidity remains strong based on a strong market capitalization.

After examining market sentiment, Celo’s current outlook is bullish, which is consistent with its Greed rating of 70 on the Fear & Greed Index. Regarding market position, Celo currently ranks 56th in the layer 1 sector by market capitalization.

3. Sponge V2 ($SPONGE)

Sponge V2$SPONGE, an upgraded version of the meme coin, has experienced significant growth since its launch. Originally valued at $1 million, its market cap soared to over $100 million in 2023. It is currently valued at $16 million and attracts a community of over 11,500 holders.

Sponge V2 also introduces a Stake-to-Bridge model designed to allow $SPONGE holders to seamlessly transition to V2 through staking. This model focuses on rewarding and retaining existing holders.

Through plans for listing on major exchanges and support from a large community of 30,000 people $sponge The project is positioned for potential growth. Therefore, this coin has attracted the attention of potential investors as the cheapest cryptocurrency to invest in.

SPONGEV2 PRE-SALE VISIT

4. NEXO

Nexo has seen a notable price surge, with a price increase of 38% over the past year. This rise is above the 200-day simple moving average and indicates a positive momentum trend. NEXO is trading close to the highs of its recent cycle.

Nexo price chartNexo price chart

Sentiment around Nexo’s price prediction is currently bullish, with a Fear and Greed Index of 70 (Greed). This index suggests a bullish sentiment prevailing in the market. Of the 1 billion NEXO, 560 million Nexo tokens are in circulation.

Additionally, Nexo has seen significant price gains, positive trading days, and an optimistic outlook for price forecasts and investor sentiment. However, near peaks and significant price increases could signal potential volatility or price corrections in the future.

5. Sui (SUI)

Solend, a leading lending and borrowing protocol built on the Solana blockchain, recently announced its upcoming launch on the Sui blockchain. The project was developed by a team based on Facebook’s blockchain initiative. The upcoming integration of SUI marks Solend’s initial foray into blockchains other than Solana.

SUI price chart SUI price chart

The expansion to Sui also promises to introduce Solend’s comprehensive DeFi services to a new user base. We also aim to encourage more developers to participate in the Sui ecosystem.

This move by Solend marks a strategic step towards diversification, expanding its reach beyond Solana and into the Sui blockchain. This partnership holds the potential for mutual growth by contributing to the advancement of the Sui blockchain ecosystem while providing a bridge for Solend to tap into new user demographics.

6. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix It introduces an innovative approach to cryptocurrency by allowing users to stake BTCMTX tokens instead of cloud mining credits. This unique model aims to decentralize control and ensure a safe mining experience for token holders.

Bitcoin Minetrix’s staking pool has garnered attention, with the current staking volume exceeding 400,000 BTCMTX tokens. The project is attracting attention due to its high potential return, advertising an Annual Percentage Yield (APY) of 103,225%.

During its early development phase, Bitcoin Minetrix has experienced significant traction, emerging as one of the top performers in the cryptocurrency space. Currently in progress BTCMTX The pre-sale raised over $5,857,270, with tokens sold at $0.011 per unit. This growth highlights the project’s ability to attract participants and raise capital and demonstrates market enthusiasm for its unique staking mechanism.

7. Casper (CSPR)

Integrating Team Finance into Casper has greatly simplified the token creation process, making it fast and user-friendly. Casper’s system makes it easy to create tokens, helping individuals with business ideas get their projects off the ground safely and efficiently.

CSPR price chartCSPR price chart

The highest CSPR price since the last low hit a noteworthy high of $0.081814. Current sentiment favors a bullish forecast for Casper price with a Fear and Greed Index of 70 (Greed).

Key highlights include a 60% price increase last year. It is consistently trading above the 200-day simple moving average and is showing positive performance relative to the token sale price. Additionally, there were 18 positive transactions in the last 30 days, accounting for a positive transaction rate of 60%.

8. ZILGA (ZIL)

The cryptocurrency industry has seen significant price fluctuations over the past month, which eventually led to relative stabilization. The price trend follows a rising channel, with an expected but uncertain pattern breakout approaching soon.

ZIL price chartZIL price chart

Looking at the MACD (Moving Average Convergence Divergence) indicator, we see a consistently green histogram, indicating strong bullish sentiment in the market. However, the moving average shows a bearish curve, indicating that the trend direction may change soon.

If the bulls reassert control, the bullish momentum is likely to increase and push the price towards the resistance level of $0.02592. If the price holds above this level, the price could challenge the upper resistance barrier at $0.0300 over the next few days, triggering an upward move.

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