Jan 10 6 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

Finding cheap tokens that offer potential growth has become an exciting pursuit for many investors. Therefore, trading cryptocurrencies for less than 1 cent offers a unique opportunity to discover promising assets with the potential for exponential growth.

This article is a compilation of some of the cheapest cryptocurrencies available. We will also highlight its potential, reflecting why it may be of interest to investors looking for a budget-friendly option with high growth potential.

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

coinbase It announced plans to expand its product range in Europe. The expansion blueprint includes integration of derivative services, marking a significant step for the company. The news prompted investors to scour the market for cheap tokens, hoping for strength.

1. BONK

BONK has received significant attention in the cryptocurrency community. The coin has shown a volatile performance marked by significant gains, notable exchange listings, and recent market corrections. Bonk’s upward trajectory began with one-way staking on December 1st, putting this meme coin in the spotlight.

Soon after, BONK’s Coinbase listing caused its value to skyrocket by 50% on December 14th. Looking ahead to 2024, BONK is showing promising signs thanks to community support and listings on major exchanges. According to Telegaon’s forecast, the maximum transaction value of Meme Coin during 2024 will be $0.0000604.

GM

The first week of 2024 came and went.
It is a time to recognize the past, plan for the future, and continue to build for the new year.
10 chains, 600,000+ unique holders and 42 exchanges
Thank you to all BONK ecosystem builders and integrators in 2023.

🧵Check out the BONK 2023 highlights… pic.twitter.com/fWgJgAX7JG

– Bonk! (@bonk_inu) January 8, 2024

Positive market sentiment can push the average price up to around $0.0000569. However, these forecasts account for a potential market downturn, with the minimum expected price under less favorable conditions estimated at $0.0000512. The overall analysis suggests that BONK is likely to ride a strong bullish trend expected in 2024 and surpass recent all-time highs.

2. Mantle (MNT)

Mantle Token’s green day in the past 30 days is 50%, indicating positive trading activity. The token, which is currently trading near all-time highs, also remains near cycle highs. In particular, the token boasts high liquidity due to its significant market capitalization.

Currently, Mantle is valued at $0.663783, with a 24-hour trading volume of $204.81 million. The market capitalization is $2.08 billion and the market dominance is 0.12%. Last day, the price of MNT soared 6.87%.

The highest price for Mantle was registered on January 3, 2024, hitting an all-time high of $0.691818. Conversely, the lowest recorded price remains unregistered. However, following the all-time high, the token reached a low of $0.578388, marking a cycle low. After this cycle’s low, Mantle reached a high of $0.673693.

Additionally, analysts are currently expressing bullish sentiments about Mantle’s price predictions. Additionally, the Fear and Greed Index displays a value of 73, which indicates the prevailing sentiment of greed among investors.

⏳ The upper limit of ██████ 85% is almost reached.

Mantle offers the highest returns among top staking products with a target APY of 7.2%.

Double your mETH: https://t.co/pSXOzFVhSx pic.twitter.com/Q4cNOqdTJD

— Mantle (@0xMantle) January 10, 2024

Additionally, MNT has a circulating supply of 3.13 billion MNT out of a maximum supply of 6.22 billion MNT, ranking 12th among Ethereum (ERC20) tokens. It also ranks 4th in the layer 2 sector based on market capitalization.

3. Shiba Inu (SHIB)

Shiba Inu has captured the attention of the cryptocurrency market thanks to its active community and continued utility advancements. This includes the introduction of ShibaSwap, a decentralized exchange. Recent project updates include the implementation of Shibarium, a layer 2 scaling solution and burn mechanism for SHIB tokens. This project reflects Shiba Inu’s commitment to growth and innovation in the cryptocurrency space.

Analyzing the market positioning, Shiba Inu ranks 5th in the ERC20 category and 2nd in the Meme Coins category. Inu’s highlights include a 7% price increase over the past year and consistent trading above its 200-day simple moving average.

🔥 Is it getting hotter here? Oh wait, we’re the only ones burning. $ceiling In just one month, we burned nearly 200 ETH worth of value.

TX details are in the first comment below. pic.twitter.com/YVEzb7SEPJ

— Shib (@Shibtoken) January 9, 2024

Additionally, out of the past 30 days, the number of green days was 16, which accounts for most, or 53% of the total period. Additionally, SHIB maintains high liquidity based on market capitalization, making it attractive to traders and investors.

4. Scale (scale)

In a recent collaboration, Granted and SKALE Network have joined forces to enhance web3 application development. Therefore, this partnership aims to provide secure funds and a supportive blockchain ecosystem. Additionally, this partnership combines Granted’s strategic grant funding capabilities for the Web3 environment with SKALE’s outstanding blockchain properties.

These include no gas fees, instant finality, a high-speed network, a wide user base, and a dominant presence in gaming. The main goal of this alliance is to strengthen Web3 and blockchain initiatives. We therefore aim to provide strategic financing avenues and foster technological excellence.

Analyzing the market performance of SKALE, the token reached a cycle high of $0.104184 after the last low. Market sentiment is optimistic about SKALE’s price prediction, with the Fear and Greed Index reading 73 (greed).

The first SKALE Chain payout is scheduled for February 1st. 📆

With chain prices applied to the mainnet, SKALE stands out as the only self-sufficient blockchain with zero gas fees! 🚫 ⛽

Learn more about implementing chain pricing here: https://t.co/wwqD1d95mq pic.twitter.com/89guWb4Lvu

— SKALE (@SkaleNetwork) January 9, 2024

Key highlights of SKALE’s performance include an incredible 239% price surge, surpassing 86% of the top 100 cryptocurrency assets. Moreover, SKALE outperformed both Bitcoin and Ethereum. Likewise, the token is trading above its 200-day simple moving average and has shown 15 green days in the last 30 days, accounting for 50% of the period. Market capitalization also contributes to maintaining high liquidity in the market.

5. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We have introduced an innovative approach that allows users to stake BTCMTX tokens in exchange for cloud mining credits. The main goal of this initiative is to decentralize control and provide a secure mining environment for token holders.

Additionally, the platform’s staking pool has garnered significant attention, amassing an impressive stake of over 400,000 BTCMTX tokens. This accumulation resulted in an advertised Annual Percentage Yield (APY) of 103,225%, indicating notable interest from participants.

#Bitcoin Metrics Another notable milestone has been reached! 🎖️

It exceeded $7,800,000. pic.twitter.com/61vRZDus2v

— Bitcoin Minetrix (@bitcoinminetrix) January 8, 2024

In the initial pre-sale stage, Bitcoin Minetrix It has shown significant market traction. The ongoing BTCMTX pre-sale has successfully raised over $8,041,666 by selling tokens at $0.0125 each. This corresponds to 70% (2.8 billion BTCMTX) of the total token supply of 4 billion. Interested investors can also acquire these tokens using ETH or USDT.

6. Telos (TLOS)

The Telos Foundation has appointed John Lilic as its new Executive Director, marking a significant step forward for the organization. With his extensive experience at Consensys and Polygon, Lilic has contributed significantly to the development of pioneering technologies such as MetaMask.

This leadership change marks a new chapter for the Telos Foundation, leveraging Lilic’s expertise and forward-thinking approach. It also lays the foundation for strategic growth and innovation in line with the evolving environment of the blockchain industry.

John Lilic joins Telos Foundation as Executive Director, leveraging expertise from Consensys and Polygon #telos To a global layer 0 network using #ZK technology.

Full details: https://t.co/N1P2i3Ov0H pic.twitter.com/L07pvCHFfJ

— Telos Foundation (@HelloTelos) January 4, 2024

The current price change of TLOS, the native token of Telos, has increased by 123% over the past year. It has outperformed a significant portion of the top 100 cryptocurrency assets during this period and is trading above its 200-day simple moving average, indicating a positive trajectory. Likewise, TLOS recorded 16 green days in the past 30 days, accounting for 53% of the period. In this way, Telos demonstrates consistency in market performance.

Learn more

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