Jan 26 5 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

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As the market shows signs of recovery, investors are eager to seize the opportunity to potentially profit by focusing on cheap tokens. Costing less than $1, these coins require thorough research to identify. This article highlights assets that could play a significant role in the future of the cryptocurrency market.

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

Investors are attracted to the thrill of finding the next big thing in the cryptocurrency market, especially those priced under $1. Tokens such as TRON, Conflux, and Bitcoin Minetrix have garnered attention recently due to their low prices and promising performance. In other news Dogecoin Rumors that X would support DOGE payments led to an 18% surge to a seven-day high.

1. Conflux (CFX)

Conflux Network has unveiled its EVM-compatible Bitcoin Layer 2 (BTC L2) solution. This solution aims to leverage the robustness of Bitcoin to enhance the capabilities of the Conflux Network. Additionally, the newly introduced Bitcoin L2 solution is designed to integrate seamlessly with Bitcoin. This move is a notable advancement in blockchain interoperability.

Running on top of the main Conflux chain, this layer 2 network facilitates the seamless transfer of Bitcoin. It will also support inscription-based assets between Conflux’s blockchain and the Bitcoin ecosystem.

CFX price chart

Additionally, following the announcement of Conflux, CFX experienced a wave of green candles. On Thursday, January 18, 2024, CFX recorded an impressive 8% surge, reaching a trading price of $0.2203.

Meanwhile, CFX’s current price of $0.194027 is up 6.75% intraday, above its 200-day SMA. Over the past year, CFX prices have surged a whopping 503%.

In this article, we explore how Conflux’s Bitcoin Layer 2 integration will revolutionize asset management and network security on the blockchain. https://t.co/enWw1cItGy
🔒 Proof of Stake (PoS) consensus serves as a trusted Bitcoin oracle.
🌐 Comprehensive metadata is provided by Conflux and…
— Conflux Network Official (@Conflux_Network) January 25, 2024

Moreover, the token’s Fear and Greed Index is 49, indicating a neutral stance. However, investors are optimistic as the sentiment surrounding the coin is bullish. Along with this, CFX has shown outstanding performance over the past year, exceeding 94 of the top 100 coins.

Additionally, analyzing its recent performance, Conflux Network recorded 16 green days over the last 30 days, making up 53% of the period. The network continues to gain traction within the cryptocurrency space due to its high liquidity due to its market capitalization.

2. Tron (TRX)

Tron (TRX) has made remarkable progress, showing solid growth and a promising trajectory. TRX is the leading asset, with a market capitalization that has surged to $9.4 billion, up 87% from $5 billion a year ago.

Additionally, quarterly revenue in the fourth quarter increased 14% compared to the previous quarter, jumping from $105 million to $119 million USD. TRON’s outstanding returns throughout 2023 have established it as one of the top contenders. Therefore, the coin lagged behind Ethereum and Bitcoin in terms of revenue generation.

TRX price chart

Additionally, TRX’s total stake increased steadily by 4% year-on-year, reaching 46.1 billion TRX. Additionally, 30% of staked supply has embraced Stake 2.0 utilization. Likewise, TRON’s USDT has seen significant growth, increasing by 11% in the fourth quarter alone. Furthermore, half of all USDT issued will reside on the TRON network by the end of the quarter.

🎉Daily average transmission volume #Stablecoin In ~ #Tron Network Achieved $11,900,075,248 (2024.01.19~2024.01.25)! #USDD #USDT #USDJ #TUSD #USDC pic.twitter.com/m8EyJDnd1T
– TRONSCAN (@TRONSCAN_ORG) January 26, 2024

In the same vein, the introduction of stUSDT on TRON made it the second largest real-world asset (RWA) protocol in the fourth quarter. Thus, over $2.2 billion has been deposited into the protocol, highlighting TRON’s expanding ecosystem and utility.

Therefore, TRON’s promising roadmap and ongoing initiatives confirm TRON’s strong potential. Likewise, TRX establishes itself as a resilient competitor in the cryptocurrency landscape. Additionally, TRX is listed on top cryptocurrency exchanges such as Binance, Gate.io, and Bitget. This therefore highlights TRON’s prominence among the top 10 tokens by market capitalization and highlights TRON’s continued strength and investor appeal.

3. Oasis Network (ROSE)

ROSE, the cryptocurrency of the Oasis network, has recently shown significant gains, rebounding from around $0.04500. This upward movement is evident on the daily chart, which shows a bullish spike and solid growth of 93.52% in the last quarter. Likewise, forecasts indicate a bullish sentiment for ROSE, while the Fear and Greed Index stands at a neutral 49.

rose price chart

Over the past year, Oasis Network has performed remarkably well, with its price soaring 82%. It also outperformed 76% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. It is trading above its 200-day simple moving average, indicating high liquidity based on market capitalization.

We are expanding cross-chain interoperability to: @Pancake Swap Through strategic collaboration with @CelerNetwork!
Through this partnership, we are introducing ROSE & wROSE. @BNBChainThis is an important step in connecting the Oasis and BNB ecosystems.
Learn more: https://t.co/OLSgR4wNKv
— Oasis Network (@OasisProtocol) January 11, 2024

With solid fundamentals and a dedicated community, Oasis Network has promising potential. Additionally, there is speculation that potential collaborations with other networks could push the price of ROSE Coin above $0.205 by 2024. Additionally, in the rising cryptocurrency market, the average price of Oasis Network Coin is expected to stabilize at around $0.185.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix Unveiling a groundbreaking model that allows users to stake BTCMTX tokens for cloud mining credits. The inclusivity-focused project met its ambitious goal by raising more than $6 million. In its ongoing presale, Bitcoin Minetrix has surpassed $9.4 million of its $8 million target, selling tokens for $0.0126 each. This represents 70% of the total token supply, or 2.8 billion BTCMTX out of 4 billion tokens available.

#Bitcoin Metrics Another amazing milestone achieved!
It exceeded $9,200,000. 💰 pic.twitter.com/Tlj6ACRT67
— Bitcoin Minetrix (@bitcoinminetrix) January 25, 2024

A notable aspect of the project is its staking pool, which currently holds over 400,000 BTCMTX tokens and delivers an impressive Annual Percentage Yield (APY) of 103,225%. This innovative approach aims to ensure a robust mining ecosystem by decentralizing control.

Bitcoin Minetrix’s community-driven ethos resonates in the cryptocurrency space, and its unique tokenomics model adds depth to the initiative. therefore, Bitcoin Minetrix Innovative mining model, community involvement, and successful financing have established it as a promising project. As pre-sales continue, interested investors are urged to explore the offering and potential benefits of the project.

5. Stellar (XLM)

STASIS recently integrated EURS, a euro-based token, with the Stellar blockchain. As a result, the STASIS move introduces new digital currency functionality to the Stellar network. Likewise, it expands access to stable and transparent euro-denominated stablecoins. Additionally, STASIS’s integration of EURS with the Stellar network strengthens the utility of the Stellar network. It also promotes transparency and inclusivity in financial services within the Web3 ecosystem.

XLM price chart

Moreover, Stellar is performing well in the market and showing promising signs to investors. Despite the recent bearish sentiment in the cryptocurrency market, investors are holding coins in anticipation of strength. Over the past year, Stellar has surged 26% in price, outperforming 54 of the top 100 coins. XLM has captured the market’s attention with 15 green days in the past 30 days. Likewise, the current oversold condition suggests a potential upward trend and positions the price for a rally.

Join SCF’s Project Pitch on Wednesday showcasing the best submissions about Stellar and Stellar. @Soroban official!
📅 January 24 | ⏰ 11 AM – 1 PM ET
Open to all Stellar and Soroban lovers. Please bring your questions and feedback to support these innovative projects. https://t.co/khQmnaNBtY
— Stellar (@StellarOrg) January 22, 2024

Additionally, the Stellar protocol holds tremendous promise for the future through the continued efforts of the network’s developers and community. Additionally, investor activity is expected to significantly increase the value of XLM coins in the coming years. The analysis also shows that Stellar is gaining momentum in the cryptocurrency market. At the same time, forecasts show that by 2024 the maximum price will be $1.23. If the current bullish trend continues, the average price of Stellar Lumens in 2024 could reach $0.84.