Dec 31 8 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1

A budget-friendly option can attract investors interested in tokens without breaking the bank. With many cryptocurrencies priced under $1, there are plenty of options for potential investments. Cheap cryptocurrencies therefore offer multiple opportunities for exploration and potential growth.

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

The performance of the cryptocurrency market in 2023 has attracted great attention. multiple tokens We have seen progress and growth observed throughout the year. Analysis of CoinMarketCap.com data shows that the value of all listed cryptocurrencies has increased by 115% year-on-year.

1. Ontology (ONT)

Ontology’s recent price performance suggests bullish sentiment. This is consistent with a Fear and Greed Index of 67, which indicates a moderate level of greed. Over the past year, Ontology has seen significant growth. Therefore, it recorded a growth rate of 93% during this period and surpassed half of the top 100 cryptocurrency assets.

Technically, Ontology trades above its 200-day simple moving average, which often indicates a positive trend. Additionally, the frequency of green days last month was 63%, further supporting this trend. In terms of liquidity, Ontology appears to be solid considering its market capitalization, which indicates favorable trading conditions.

🌐 Embrace #NewEraofHOOKED with #ontology! We are very excited to cooperate with: @HookedProtocolPioneering a smarter, more accessible path. #web3 education. 🚀

🔥 Together, we don’t just build skills. We are creating the future. join us @ONTO Wallet Once we unlock… https://t.co/sbKvzIfEje pic.twitter.com/M5IZKrhZqa

— Ontology #BUIDL4Web3 (@OntologyNetwork) December 29, 2023

Analyst forecasts also offer a variety of potential outcomes. The most optimistic target sets the price at $0.4959, suggesting a significant upside of 108.02% from the current market price.

2. Oasis Network (ROSE)

Oasis Network ended the year with impressive market performance. Current sentiment analysis indicates a bullish outlook for the price prediction. This is consistent with the Fear and Greed Index registering at 67, showing the state of greed among investors.

Regarding token metrics, the current circulating supply is 6.71 billion ROSE out of a maximum supply of 10 billion ROSE. Over the past year, 987.88 million ROSE was generated with an inflation rate of 17.25% per annum.

From DevEx improvements to groundbreaking product launches, Oasis’ journey in 2023 has been defined by innovation.

Each of these developments is a testament to our team’s commitment to improving the overall Web3 experience.

And we’re excited to continue BUIDLing in 2024!

— Oasis Network (@OasisProtocol) December 29, 2023

One of the key features of the network’s performance is its price, which has increased by 312% compared to last year. It is also consistently trading above the 200-day simple moving average. Additionally, over the past 30 days, the number of green days was 15, accounting for 50% of the observation period.

3. Enjin Coin (ENJ)

Enjin Coin has recently shown a slight bullish trend, which suggests it may hit new highs in the coming months. This surge was driven by a series of higher moves, which took the coin to a six-month high. However, an important aspect to watch is how the price reacts within the supply zone, which can affect its trajectory.

Meanwhile, market sentiment is leaning towards bullish when it comes to price predictions for Enjin Coin. Additionally, the Fear and Greed Index was recorded at 67, indicating the state of greed within the market.

The Enjin ecosystem will experience revolutionary changes in 2023.

• Final migration @Ethereum
• Provides the most user-friendly mass-market solutions.
• More adopters joining the ecosystem every week

Let’s recap the important milestones of the past year! 👇 pic.twitter.com/yofXuORgFZ

— Engine (@engine) December 29, 2023

In particular, the coin recorded 20 green days within 30 days. Therefore, this indicates a positive trend of 67%, which means strong market activity. In addition, Enjin Coin boasts high liquidity according to market capitalization, improving accessibility to transactions.

4. Centrifuge (CFG)

Centrifuge recently unveiled several updates as it wraps up 2023, setting a strong trajectory for the upcoming year. In particular, CFG’s real-world assets are now directly accessible on Arbitrum, Base, Celo, and Ethereum. Moreover, this expansion follows the ‘Centrifuge Everywhere’ strategy introduced at the Real-World Asset Summit in New York.

This strategy, supported by Axelar, allows investors to participate in Centrifuge pools without switching chains. This provides improved accessibility across multiple networks. A strong foundation and significant support from the cryptocurrency community underpin Centrifuge’s momentum.

2023 was the year of RWA, led by Centrifuge. Read today’s press release! https://t.co/nvlHDNqUEy

🪙 @fraxfinance Voted in favor of allocating $20 million to the U.S. Treasury for Centrifuge.

⛓ Centrifuge enters 𝘭ات𝘷ugu @arbitrum, @buildonbaseand @CeloOrg.

🏛…

— Centrifuge (@centrifuge) December 20, 2023

Therefore, this suggests promising prospects for future growth. It is speculated that the value of CFG Coin will likely exceed $0.92 by 2024. This is especially true if Centrifuge announces collaborations with other networks.

5. NEM (reference)

NEM demonstrated performance metrics that caught the market’s attention. Over the past year, the price has risen 37%, trading above its 200-day simple moving average. With 18 positive trading days out of the last 30 days, XEM has a positive trend of 60%. Additionally, the token has a strong market capitalization, which ensures high liquidity and puts it on a favorable track.

Additionally, the sentiment surrounding NEM’s price prediction leans towards bullish, consistent with the Greed Index of 67. This sentiment is supported by the project’s strong fundamentals and the dedicated cryptocurrency community that supports it.

Moreover, there is speculation that potential collaborations with other networks could further increase the value of the XEM coin. Predictions suggest that if this partnership comes to fruition, the coin could surpass its previous cycle high of $0.044264. This could reach a maximum price of around $0.109 by 2024.

6. Graph (GRT)

From a technical analysis perspective, The Graph is trading above its 200-day simple moving average, indicating a positive trend. Additionally, the price remains higher than during the initial token sale, reflecting a positive trend.

In the short term, the coin experienced 18 positive price movements in 30 days. This constitutes a 60% positive performance rate for the token. Additionally, the project boasts high liquidity relative to its market capitalization.

In the new era of The Graph, Subgraph Radio and Graphcast enable peer-to-peer messaging that helps realize powerful forms of coordination between network participants.

listen next @undefinedza from @graphopsxyz We’ll share what these tools are and how you can use them to make The Graph more efficient ⬇️ pic.twitter.com/GqnI7sYrqt

— Graph (@graphprotocol) December 29, 2023

Current sentiment on The Graph is bullish and is consistent with the Fear and Greed Index of 67, indicating investor optimism. Analysts also suggest that potential collaborations with other networks could push GRT’s peak price above $0.430 by 2024.

7. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix Introducing a new approach to the cryptocurrency space. Therefore, users can stake BTCMTX tokens for cloud mining credits. The project aims to decentralize control and ensure a secure and transparent mining experience for token holders.

The Bitcoin Minetrix staking pool has attracted considerable attention, with over 400,000 BTCMTX tokens currently staked. The project claims to offer an Annual Percentage Yield (APY) of 103,225%.

Only 48 hours left #Bitcoin Metrics Step 16! ⏳

What steps can I take? #Bitcoin Are enthusiasts working to foster wider adoption and understanding of cloud mining? pic.twitter.com/zF85zVSqeC

— Bitcoin Minetrix (@bitcoinminetrix) December 30, 2023

Despite its early stages of development, Bitcoin Minetrix has experienced notable traction. Therefore, it has emerged as one of the top winners in the cryptocurrency space. Additionally, this growth is supported by successful progress. BTCMTX Pre-sale, selling tokens at $0.0125 per token, generated over $6,959,712 in revenue.

8. Conflux Network (CFX)

Safeheron recently integrated with Conflux, allowing users to securely access the Conflux Network to manage their assets and facilitate transfers. This integration prioritizes security and efficiency with the goal of streamlining asset allocation for Safeheron customers on the Conflux platform.

Conflux Network is also particularly suitable for dApps that require rapid scalability. Therefore, this collaboration will allow us to seamlessly connect institutional users with Conflux to create MPC wallets that support Conflux tokens.

🚀 In just 6 days, we achieved an incredible achievement!

✨ Over 100 million transactions and counting.

💪 Gas price on eSpace has reached 4000 Gdrip.

⚡️ An astonishing 12.05 million units of gas are used per second. https://t.co/8aKTl8cvn7

But wait a minute. There are more:

– 21 million CFX runes…

— Conflux Network Official (@Conflux_Network) December 21, 2023

Analyzing market sentiment, Conflux Network shows the current bullish price forecast sentiment. The fear & greed index recorded 67 (greed). It also recorded 15 positive trading days out of the last 30 days, reflecting a 50% positive trading day rate. High liquidity according to market capitalization is also noteworthy.

Learn more

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