Jan 12 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

Investors are constantly looking for promising opportunities that offer both economics and the potential for significant returns. The allure of finding the next big token for a small fee has led many people to explore the world of low-value tokens. Insidebitcoins scours the market for these tokens, providing investors with a variety of attractive entry points for those on a modest budget.

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

Cathie Wood CEO Ark Investreiterated its optimistic Bitcoin price outlook, predicting a value of $1.5 million by 2030. This news prompted investors to look for other cheaper tokens and ride the bullish trend.

1. EOS

EOS has consistently received attention in the cryptocurrency market. Blockchain platforms are designed to work like real computers by incorporating computing concepts into their software. Three essential resources power the EOS blockchain:

These resources include bandwidth to relay information and computations (CPUs) to process decentralized applications (dApps). State storage (RAM) also helps with rapid data storage and retrieval. Investors also find confidence in the functional design of EOS, reflecting positive price prediction sentiment.

If you missed it, check out the latest news. @Noah_DeFi that #EOS Network Ventures invested $2.4 million in ecosystem work 💰

Learn more about how this will drive DeFi. $EOS Forward 🚀

Full details 👇https://t.co/WGHQwP0Yd1

— EOS Network Foundation (@EOSNetworkFDN) January 12, 2024

Additionally, the fear and greed index is 71, indicating that greed is rampant in the market. Moreover, EOS is trading above its 200-day simple moving average, indicating a positive trend. With high liquidity and active trading on platforms like Binance, EOS is an interesting player in the cryptocurrency space.

2. Conflux (CFX)

Conflux has soared dramatically, with gains of over 400% on a month-on-month basis. This surprising rise is directly related to the recent revelation that Conflux has integrated with popular Chinese social network Xiaohongshu. This integration highlights the growing influence of blockchain technology, a force that is reshaping existing notions of trust and data management.

Conflux is also positioned as a pioneering next-generation blockchain network. With this unique architecture, we are actively combating the blockchain trilemma. The project also aims to bring high performance to decentralized applications (DApps) through its groundbreaking tree graph consensus mechanism.

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🏮 Jump into 2024 and rewind the excitement of 2023 #new year. Our eco project NFiT held a ‘luck’ collecting event to celebrate happiness in Chinese! pic.twitter.com/nkhXmOUI6I

— Conflux Network Official (@Conflux_Network) January 9, 2024

Additionally, CFX’s innovative approach enables the platform to actively achieve horizontal scalability. Therefore, the project boldly claims the ability to process unlimited transactions per second. This scalability boldly positions Conflux as an attractive platform for developers who want to actively build and deploy decentralized applications.

3. 1 inch network (1 inch)

1inch Network has been actively working to connect decentralized finance (DeFi) with traditional financial institutions. In particular, INCH hosted the ‘Institutions and DeFi’ meetup at the 2022 and 2023 World Economic Forum Annual General Meetings.

1inch Network’s participation in this high-profile event highlights its commitment to bridging the gap between DeFi and traditional finance. Additionally, the platform aims to foster a better understanding of both financial sectors by collaborating with leaders in various fields.

1/ 🌐 #1 inch Getting ready. #WEF2024 In Davos!

Join us for our 3rd meeting on January 16th. @weffocus on #DeFi Adopted by the agency upon approval by the SEC #Bitcoin ETF.

Let’s discuss the future of finance!

Learn more ⤵️ https://t.co/ivem5DU6bn

— 1 inch network (@1 inch) January 11, 2024

Meanwhile, analysis and predictions for the 1INCH token have been positive. This coin is expected to grow significantly in 2024, with its price expected to rise from $0.33 to $1.36. Therefore, this forecast reflects the potential for increased adoption and growth within the DeFi space.

4. eCash (XEC)

eCash (XEC) is experiencing positive sentiment with a Fear & Greed Index of 71, showing greed favoring investors. Additionally, the circulating supply of eCash is 19.6 trillion XEC out of a maximum supply of 21 trillion XEC.

Over the past year, the annual supply inflation rate was 1.92%, generating 369.49 billion XEC. Among layer 1 cryptocurrencies, eCash currently ranks 42nd in market capitalization. Notable aspects that have contributed to its position include a 45% price increase over the past year.

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— eCash (@eCashOfficial) January 12, 2024

Moreover, it is consistently trading above the 200-day simple moving average. eCash is also recognized for its high liquidity, which is reflected in its market capitalization and is actively traded on the Binance platform.

5. All (All)

Celo has partnered with OKX Wallet through BaseSwap. This integration improves decentralized finance (DeFi) accessibility, making it easier to trade and monetize within the wallet interface.

Moreover, this move is in line with the industry trend of making DeFi more user-friendly by integrating decentralized exchanges with wallets. Therefore, users can now directly access BaseSwap’s decentralized exchange functionality through OKX Wallet, streamlining the overall experience.

CEL2 Modular Series 🧱✨ – Part 1️⃣

Through modular blockchain architecture @CeloOrg ✨ To overcome the major scaling challenges facing rollups today

That’s why Celo is modular! 🌱

Learn about the design concept #CEL2 In the first 🧵 of this new modular series 🧱 pic.twitter.com/1kLj17Y65l

— Even 🦇 🌳 (@CeloOrg) January 9, 2024

Investors are bullish on Celo’s price forecast as its Fear and Greed Index score of 71 indicates greed is rampant. Over the past year, Celo’s price has increased significantly by 38%. Meanwhile, the coin continues to trade above its 200-day simple moving average, showing continued positive momentum.

6. SPONGE V2 ($SPONGE V2)

Sponge V2 It has achieved impressive growth since its inception, including increasing its initial valuation by $1 million. The token soared, reaching a peak market capitalization exceeding $100 million in 2023, before eventually stabilizing at $16 million. Therefore, the project has successfully amassed a user base of over 11,500 people, representing a significant and highly engaged community.

fist, #Sponger! 🧽︎

We are happy to announce that liquidity is now locked! 🔐

There are already 4,270,902,045 tokens staked with a value of $3,497,953, currently maintaining an impressive 378% APY. $sponge Stronger than ever!

Visit our website to learn more! ⚡️#SpongeV2 #web3 pic.twitter.com/1tYOhx3Lcb

— $SPONGE (@spongeoneth) January 8, 2024

Additionally, Sponge (SPONGE) has seen an impressive growth rate of 4,000% since its launch in May 2023 and is currently being relaunched as a v2 token. With a renewed focus on unlocking the potential of Play-to-Earn (P2E), Sponge aims to position itself alongside the leading P2Es. Therefore, we aim to provide an alternative to the memecoin market.

Sponge V2 offers a unique approach to the world of meme coins compared to other non-Doge meme coins. The coin currently boasts a value 70% higher than PEPE, which has gained traction since its launch in April 2023.

7. STORJ

As a key player in the cryptocurrency space, Storj has seen some interesting changes over the past year. Currently, sentiment regarding Storj’s future price is neutral, with investors showing a bit of greed, with the stock scoring 71 on the Fear and Greed Index.

The numbers show that there are 398.41 million STORJ tokens out of 425 million in circulation. Additionally, the annual inflation rate is -3.52%. This means that 14.53 million fewer STORJ tokens were created last year.

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— Storage (@storj) January 11, 2024

Meanwhile, Storj reduces its token supply at an annual inflation rate of -3.52%. This could attract investors looking for assets with controlled supply. Moreover, it is currently trading above its 200-day average, showing a positive trend.

8. Graph (GRT)

Graph has been quietly gaining traction among other cryptocurrencies. GRT’s near-term outlook may appear bearish. However, GRT’s long-term potential and role in decentralized data indexing make it an altcoin to keep an eye on.

Currently, market sentiment towards The Graph is positive. This combines with a Fear and Greed Index score of 71, indicating greedy investor sentiment. From a technical perspective, GRT is on a positive trajectory. It is trading above the 200-day simple moving average, indicating a favorable trend.

Dapps require public access to decentralized data ⛓️

Graph networks provide developers and data consumers with a fast and reliable way to query blockchain data using an open API called Subgraph 🌠

— Graph (@graphprotocol) January 10, 2024

Over the last 30 days, GRT recorded 15 green days, accounting for 50% of the observation period. Additionally, the token has high liquidity based on its market capitalization and is actively traded on Binance.

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