Jan 18 6 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

adminJanuary 20, 2024

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With bulls in mind, it becomes pertinent to look for tokens with promising investment opportunities. This exploration becomes more interesting when we focus on cheap options trading under $1. Insidebitcoins minimizes your search for these tokens by compiling a list of “the cheapest cryptocurrencies you can buy for less than $1 right now.”

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

The market is abuzz with the possibility of affordable options, especially those costing less than $1. Sei is once again on the rise following the introduction of parallelized EVMs. In addition, as traders’ active purchases become more active, investors are also monitoring KAS.

Moreover, Bitcoin Minetrix reached a new peak of $8,744,192 during the pre-sale phase. meantime, Swiss and Liechtenstein-based cryptocurrency projects Boasting an impressive 107% year-on-year increase, it has experienced a significant rally and reached an impressive $383 billion.

1. SIX

Sei’s impact on the layer 1 (L1) blockchain space has taken another step forward with the release of Sei v2. This upgrade transforms Sei into the first truly parallel EVM, reflecting a deep understanding of current blockchain requirements and future directions. We therefore introduce a set of features, including integration with Sei’s existing Ethereum smart contracts without any code modifications.

SEI price chart

Moreover, SEI’s market developments reflect optimism, with the stock soaring more than 700% in the past 90 days. Green Day has continued, up 200% in the past 30 days and an additional 20% in the past 7 days. However, with this impressive growth, a price correction for SEI could soon be possible, with a test of 0.3 cents. Maintaining the upward momentum therefore depends on the strength and robustness of demand.

When it comes to Sei v2, we started with one question. What does the Ethereum ecosystem need now?
In the spirit of ruthless optimization, it was important to define the technology with the needs of developers and users first, and not the other way around. … pic.twitter.com/Z0VWvPL0Tn
— Sei 🔴💨 (@SeiNetwork) January 16, 2024

Moreover, with a strong foundation and dedicated cryptocurrency community, Sei has significant growth potential. Through collaboration with other networks, SEI Coin could surpass $1.003 by 2024. Once the bull market begins, the average price of Sei Coin is expected to hover around $0.908 until 2024.

2. Tron (TRX)

TRON recently integrated with Mercado Bitcoin, Brazil’s leading cryptocurrency exchange. This move is in line with the exchange’s emphasis on diversifying and introducing trustworthy tokens to its user base. Additionally, the addition of TRX signals a commitment to providing global access to the TRON network. Additionally, the launch of $TRX in Brazil’s key markets highlights TRON DAO’s strategic vision and ongoing global expansion efforts.

TRX price chart

In response to these developments, transactions on the TRON network are steadily increasing. Likewise, TRON’s stablecoin value soared to an impressive $53.6 billion. Likewise, Total Value Locked (TVL) reached an impressive $20.4 billion. Currently, TRX dominates the market by 0.60%, pushing the price to $0.110011. Meanwhile, TRON’s performance is showing solid performance, recording a 1.92% increase in the last 24 hours.

Moreover, analysts are overwhelmingly bullish on TRX, suggesting that the green era is here to stay. The Fear & Greed Index reflects a greed score of 63, so traders are also inclined to buy. Additionally, the token is confidently trading above its 200-day simple moving average, indicating a positive trend.

happy monday #tronics! 🎉 #Tron Network Number of transactions exceeds 7 billion!
As one of the fastest growing public blockchains, we are the best choice for payments with a large user base. There is constant activity on our network as transaction demand increases. The value of… pic.twitter.com/KSptkDZDRf
— Tron Dao (@trondao) January 15, 2024

Additionally, TRX’s strong fundamentals and cryptocurrency community support position TRX for growth. Therefore, market experts predict that potential cooperation with other networks could push the maximum price level of the TRX coin above $0.182 by 2024. Once the expected bull run begins, TRON’s average price could stabilize at $0.165 in 2024.

3. CAS

A greed score of 63 indicates continued market activity, so investors will closely monitor Kaspa for weakness. Therefore, there is growing confidence that the current green candlestick will continue. Kaspa is currently trading in the green zone with a value of $0.111517 and a volume of $101.36 million.

KAS price chart

Additionally, market activity is stable, with a dominance of 0.15% and a market capitalization of $2.49 billion. The coin also confidently trades above its 200-day simple moving average, indicating stability. Over the past year, Kaspa has grown significantly, ranking in the top 2% of the top 100 cryptocurrency assets, with an impressive increase of 1,623%.

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— Caspian (@CaspaCurrency) January 12, 2024

Kaspa hit a high of $0.154845 on November 19, 2023. At the same time, the token’s lowest point was recorded on May 26, 2022, at an all-time low of $0.000171. The lowest price since ATH is $0.089794 (cycle low). Additionally, the highest KAS price since the last cycle low was $0.129647 (cycle high).

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix We are revolutionizing cloud mining by directly solving the problems associated with third-party platforms. The main goal of the project is to build a secure and transparent decentralized framework tailored for Bitcoin (BTC) mining.

Bitcoin Minetrix, which is gaining considerable attention, boasts an impressive stake exceeding 400,000 BTCMTX tokens. The platform highlights an initial annual percentage yield (APY) of 103,225%, which can be adjusted as token staking increases. Bitcoin Minetrix raised over $8,744,192 during the pre-sale phase by offering BTCMTX tokens at $0.0129.

great achievement #Bitcoin Metrics!
Exceeded $8,600,000! 🌐 pic.twitter.com/r3i9wdtSbg
— Bitcoin Minetrix (@bitcoinminetrix) January 17, 2024

The project has reserved 42.5% of BTCMTX tokens to facilitate mining operations. Meanwhile, another 35% are committed to driving and expanding their marketing initiatives. BTCMTX. Additionally, 15% is allocated as rewards to actively encourage and incentivize community participation. At the same time, the remaining 7.5% will be actively reserved for BTCMTX staking rewards until the cloud mining platform is developed.

5. Bitget Token (BGB)

Bitget has released its comprehensive 2023 Bitget Transparency Report. BGB weathered the storm of last year and achieved impressive growth. In 2023, Bitget experienced an incredible 94% surge in spot trading volume, pushing total trading volume to exceed $3.14 trillion.

BGB price chart

Spot transactions alone increased significantly to $81.6 billion, representing a solid 94% growth despite market uncertainty. Additionally, Bitget’s user base has grown to reach 20 million, supported by a dedicated team of 1,500 employees. The platform also reached a peak of 13.6 million monthly visitors in May 2023.

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— Bitget (@bitgetglobal) January 18, 2024

Meanwhile, Bitget’s active listing strategy has resulted in a significant increase, with the addition of 355 new listings, a significant increase of 46% year-over-year. This has resulted in Bitget’s products encompassing over 600 tokens and over 700 spot trading pairs, demonstrating its commitment to asset diversity.

6. Ontology (ONT)

Ontology and StackUp proudly announce a groundbreaking partnership that symbolizes their shared vision within the blockchain domain. Launching a significant Ontology consensus node under “StackUp” is a pivotal milestone in forming a collaborative and knowledge-rich blockchain ecosystem.

ONT price chart

In particular, this partnership is not simply nominal, but is a dynamic fusion of Ontology’s technology and StackUp’s community capabilities. Therefore, the goal is to drive innovation and actively empower the blockchain community.

🌟 Only a few days left until the special event. @StackUpHQ!
Join us and discover the power of decentralized identity @ONTO Wallet. 🚀 Learn about monetization #ONT & opportunity #Staking.
The future of digital identity is here, now!
🔗 https://t.co/EL3aaLPkYm 🌏👤 https://t.co/HozhIg8OpS
— Ontology #BUIDL4Web3 (@OntologyNetwork) January 17, 2024

Ontology’s price prediction sentiment currently remains Neutral in the market, with investors fueling the greed at 60. ONT has consistently traded above its 200-day SMA with a gain of 27% over the past year. Moreover, it stayed in the green zone for 16 out of 30 days.