Blockchain

Jan 16 8 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

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Cheaper tokens often outperform expensive tokens and provide investors with affordable market entry. If you have an eye for value and a budget-conscious approach to cryptocurrency investing, you’re in the right place. Insidebitcoins regularly compiles lists of the cheapest cryptocurrencies you can buy for less than $1 right now.

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

Pursuing cheap yet promising digital assets brings us to our curated list of β€œ8 Cheapest Cryptocurrencies You Can Buy Now for Less Than $1.” This token is positioned as the next game changer for investors and enthusiasts. For readers interested in cryptocurrency-related happenings, HashKey has achieved the following goals: unicorn status Following successful fundraising of $100 million.

1. BLUR

The outlook for the cryptocurrency market is relatively stable and Blur is aligned with this trend, hinting at a potential bullish trajectory. Therefore, holders are strengthening their positions at the current market price. This move anticipates positive momentum once the Bitcoin price correction calms down.

Recently, a significant amount of Blur tokens were transferred through unlock contracts. As of June 15, 2023, a significant portion of the total Blur token supply has been unlocked and transferred to Coinbase Prime. About 17.8% of these coins, or 534 million tokens, were transferred.

blur price chartblur price chart

Buyers are leading the market as continued buying pressure reinforces bullish sentiment. With the Bitcoin correction in the market, investors are optimistic about the promising outlook for Blur’s price in the medium to long term.

2. SIX

SEI is showing promise, with an increase of over 1,500% since its founding. Additionally, Sei has established itself as the fastest trading platform, ensuring transaction completion in a quick 380 milliseconds.

SEI price chart SEI price chart

Looking at recent data, Sei is selling between $0.6978 and $0.8086. This confirms the upward trend as Sei trades above the $0.7036 10 and $0.5846 100-day SMA. Nonetheless, key support levels are $0.5822 and $0.4714, while resistance levels are $0.9242 and $1.1506.

It is also worth considering the trajectory of Sei’s future market markers. Interest is growing as interest in decentralized transactions and the latest blockchain technology grows. However, it is important to keep in mind the rapid price fluctuations in the cryptocurrency space.

3. Asta

Astar is attracting the market with its upcoming dApp staking v3 launch. Expectations are high that this launch will transform the staking process for decentralized applications with a focus on optimization. At the same time, the token economic model aims to build a more efficient and transparent system for users.

ASTR price chartASTR price chart

Additionally, the introduction of Astar zkEVM will add an additional layer of privacy and security to the platform. Additionally, ASTR is positioned in the green zone, gaining global adoption and bringing web3 technology to billions of people.

Astar’s intraday session was impressive, with shares up 4.3% to a value of $0.153. Likewise, it has risen more than 90% over the past month, recording a 24-hour trading volume of $103 million.

4. Oasis Network (ROSE)

The Oasis Network ecosystem is taking exciting developments as TSubQuery unveils groundbreaking news for developers. SubQuery’s fast and flexible Lightning Data Indexer now supports Sapphire and Emerald on the Oasis Network. This support gives developers unprecedented access to SubQuery’s powerful indexing capabilities.

rose price chart rose price chart

Developers can therefore leverage the power of SubQuery to facilitate on-chain data management. In the financial landscape, Oasis Network stands out as a notable indicator. ROSE sold above its 200-day SMA, showing stability and positive momentum.

Additionally, market analysts predict a bullish sentiment towards Oasis Network. Investors are also feeling optimistic as the Fear and Greed Index is at 64.

5. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix It is set to reform Bitcoin cloud mining through a groundbreaking Stake-to-Mine mechanism based on smart contracts. As described in the whitepaper, the project provides a secure Ethereum platform. Therefore, users can use this platform to stake and burn tokens to gain mining hash power. This innovation aims to address the shortcomings commonly associated with existing cloud mining practices.

Additionally, the project has received significant attention, with over 400,000 BTCMTX tokens currently staked. Currently in the pre-sale phase, Bitcoin Minetrix has successfully raised an incredible amount of $8.5 million.

also, Bitcoin Minetrix Once launched on exchanges, it aims to ease selling pressure. Utilizing this strategy means your project is well positioned for growth.

6.Floki Inu (FLOKI)

FLOKI faced a price decline, but later showed signs of recovery, rising from $58.21 to $64.14. The move proved to revive optimism as bullish investors fueled the surge.

FLOKI price chart FLOKI price chart

Moreover, news of this bullish rally that took place from January 8th to 10th caused FLOKI’s intraday value and market capitalization to soar. However, momentum has hit resistance at the important $0.000003343 level, as indicated by the 50-day EMA.

FLOKI bears continue to dominate and the price has risen to $48, down nearly 30% from significant resistance levels. The 150-day EMA at $0.000003054 is expected to provide support. If the support level wavers, the next target for bullish investors is $0.000002385. If the support level at $0.000003033 and the 150-day EMA are violated, we will see a near-term bearish trajectory for the FLOKI price.

7. The Sandbox (SAND)

The Sandbox is currently leaning towards the greedy side in its price predictions, with the Fear and Greed Index sitting at a level of 64. Contrary to recent market fluctuations, Sandbox has shown positive performance relative to its token sale price.

SAND price chart SAND price chart

Additionally, SAND’s high liquidity is evident in the token’s second-place position in the NFT token segment. It also ranked 2nd in the game category and 1st in the metaverse category. Meanwhile, The Sandbox’s outlook is clearly above its 200-day SMA. Additionally, about 2.12 billion SAND out of the maximum supply of 3 billion SAND are in circulation.

The annual supply inflation rate was 41.30%, generating 619.26 million SAND last year. Likewise, The Sandbox’s market capitalization and ranking highlight its importance in cryptocurrency. These indicators favor investors seeking stability and potential growth.

8. ICX

ICON aims to strengthen its position in the market through groundbreaking integration with Injective. ICX aims to improve the ecosystem by leveraging the Cosmos Inter-Blockchain Communication protocol. This move represents a huge leap forward in cross-chain interoperability. Additionally, this solidifies ICON’s position at the forefront of the evolving DeFi landscape.

ICON price chartICON price chart

Moreover, the integration of ICON and Injective is perfectly aligned with the pursuit of innovation and scalability in blockchain technology. Injective’s unique infrastructure and strong commitment to cross-chain interoperability make Injective the ideal partner for this strategic collaboration.

On the market side, ICON’s price prediction sentiment remains neutral with a Fear and Greed index of 64. However, the price is up 7% in one year and continues to trade above the 200-day simple moving average.

Learn more

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