June 15 5 Cheapest Cryptocurrencies You Can Buy Now for Less Than 1 Cent – Dog (Runes), VeChain, Stellar

adminJune 18, 2024

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The cryptocurrency market is abuzz with investor interest. Cost-effective entry point. The recent surge in activity is partly due to the approval of the Spot Ethereum ETF. This approval had a ripple effect on the market and created optimism among altcoins.

As a result, investors are now looking for the best altcoins to buy. In this article, we take a look at some of the most promising altcoins today. It also provides important insight for those looking to capitalize on the current upturn.

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

Among the tokens showing significant growth are Dog (Runes), VeChain, Stellar, and Gorilla. VeChain has recently garnered attention for its impressive performance blending unique features and real-world use cases. Despite being released a few weeks ago, Dog (Runes) has seen some notable developments.

Additionally, 99Bitcoin, a learn-to-earn token, quickly gained market popularity after pre-sale began. The token raised over $2.1 million, indicating significant interest in this new concept. This analysis shows why investors are paying attention to the project.

1. Dog (Rune) (DOG)

DOG is a community-driven meme token that operates on the decentralized Bitcoin blockchain protocol. The token was launched in April 2024 via airdrop to members of the Bitcoin Ordinals community. In particular, Meme Coins were released fairly without team allocation or pre-sale.

Despite being launched six weeks ago, Dog has become the top meme coin on Bitcoin’s new Runes protocol. The protocol makes it easy to create and manage fungible tokens and is already attracting attention from leading analysts. Since its launch in April, the cryptocurrency has shown a steady upward trend, soaring by more than 547%.

Dog (Rune) price chart

The token is up over 326.1% in the last 30 days, and considering its relatively low market capitalization, the token is likely to soon double 100x. DOG is trading at an average price of $0.0093 and is heading toward a market capitalization of $1 billion. Considering that Bitcoin’s market capitalization is $1.3 trillion, it won’t take much for the price of Dog to skyrocket.

Ready!
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Now available to holders at https://t.co/U5apbcQf0u!
Click “Conversion System” and follow the steps. You will need 2 black blocks or 3 white blocks. pic.twitter.com/wiLnoImeef
— Leo Caillard (@leocaillard) June 13, 2024

From a technical perspective, the price of Dog (Rune) is trading comfortably above important dynamic support levels. The support zone remains positive above the 20-day exponential moving average, suggesting a solid outlook. If the price falls, the EMA can act as support.

At the time of writing this article, the RSI line was in the overbought zone at 70.17 points, and the SMA line was located at 70.11 points. This indicates price trading in an overbought zone and a pending correction or consolidation. Additionally, both lines are scheduled to form a bearish crossover, which adds further confirmation.

2. VeChain (VET)

Despite market instability, VET is posting strong technical indicators proving its position. The token is expected to maintain a trading range with a minimum price of $0.0736 and an average trading price of around $0.0832. This forecast demonstrates its potential and indicates growing investor confidence in VeChain’s strategic direction.

The token also adopts a strategy of blending visionary solutions and strategic collaborations to carve a niche in the highly competitive cryptocurrency market. Building on these developments, the future of VET represents a larger trend towards the growth and adoption of blockchain technology.

VeChain price chart

Meanwhile, the recent collaboration between VeChain and WoV Labs has been praised as a small step towards the ‘Phygital’ revolution. This partnership seeks to integrate the real world and virtual reality using cutting-edge Web3 solutions. “Physical” will strengthen sustainability by encouraging green practices and expanding our impact on the physical world.

VeChain Community Builders are in the news!@wovlabs_com By combining chips, NFTs, and VeChainThor, it’s making waves by giving IRL products blockchain-based digital twins. #AdvisorPrivate👇.#RWA Tokenization is the future. https://t.co/AAs0Bq5j6S
— VeChain (@vechainofficial) June 14, 2024

Moreover, VET is trading at $0.02898 and the monthly candle price is rising every day, with analysts suggesting that the price will continue to rise in the future. The bulls regained control and surprised the bears with a recent rally that saw the token rally 3% in 24 hours before pulling back.

As the general cryptocurrency market slowly gains traction, investors may want to take a look at VET as it approaches a real breakthrough. Expert analysis predicts a promising trajectory for VET, suggesting it could surpass $0.0943. This growth is supported by a rally sparked by partnerships and initiatives.

3. Stellar (XLM)

XLM’s recent value offers hints of a price recovery after falling almost to its lowest point this year. The token is currently trading at $0.09701, an increase of 19.47% since last year and 3180.73% since launch. Due to Bitcoin’s recent stable price movements, XLM could still experience a prolonged price rally.

As investor interest in Stellar increases, the possibility of a price increase in the near future is also being raised. This optimistic sentiment is reflected in the Relative Strength Index (RSI). RSI recently fell to oversold territory of 30, but has since rebounded and inched closer to the neutral point of 50.

Stellar price chart

Moreover, rising RSI and positive market trends have given hope for a recovery for XLM. Moreover, the market’s positive funding ratio, where long position holders pay out short position holders, shows that investors are optimistic about price increases. This signals bullish sentiment among investors, who are targeting entry points in anticipation of an upward trend.

Wake up, Gigabrains! new @StellarOrg The challenge just dropped ✌
This time, we’ll show you some of Stellar’s coolest use cases and take a closer look at some of the awesome dApps built on top of Stellar, including: @BeansApp 🫘
Don’t miss our finals #60DaysOfStellar Challenge of the month! 👇 pic.twitter.com/naZok2zdsS
— EasyA (@easya_app) June 11, 2024

These insights mean that focusing on RSI trends and funding ratios could be insightful for investors hoping for a surge in the value of XLM. XLM traded at $0.977, off the support level of $0.096. The next critical resistance is $1.104. If XML overcomes this level of resistance, it could pave the way for further increases in the value of the token, increasing support levels and boosting the value of the altcoin.

4. 99 Bitcoin (99BTC)

99Bitcoin It continues to gain attention with its built-in staking protocol. It also offers a 1,140% annual return and is fully audited by SolidProof. As pre-sales continue, 99Bitcoins’ potential looks promising. Approval of a spot ETH ETF in the U.S. could lead to capital flowing into cryptocurrency markets, increasing demand for tokens like 99BTC.

⚡️ @MicroStrategy Announced a $500 million private placement for additional acquisitions. #Bitcoin June 13, 2024.
Read the full story below: https://t.co/cuoMOjGPCr#99Bitcoin #Cryptocurrency #BTC
— 99Bitcoins (@99BitcoinsHQ) June 14, 2024

Additionally, the project has raised more than $2.1 million through ongoing presales. Innovative “Learn-to-Earn” strategy aims to transform cryptocurrency education. Instead of passively absorbing content, users engage with the course. The course includes quizzes and interactive tutorials where you can earn 99BTC tokens, providing a financial incentive to learn.

Meanwhile, the gamified Learn-to-Earn feature is just the beginning for 99Bitcoins Token. Developers announced plans to migrate 99BTC from the ERC-20 chain to the BRC-20 chain. This strategic move aims to create a cross-chain bridge protocol for the project.

Moreover, these transitions can be placed in: 99Bitcoin With the disruptive power of cryptocurrencies. This will also ensure it will attract significant attention from Bitcoin maximizers. The project’s $99,999 BTC airdrop campaign also generated pre-sale excitement, with 99 early adopters getting to share in the prize pool.

Visit 99Bitcoins Presale

5. GORILLA

GORILLA combines memetic virality with significant utility. We use this unique interaction to build a platform that offers investment opportunities beyond traditional meme tokens. The token was developed by the Bored Ape Yacht Club team, which continues to create more utility for the ecosystem.

Gorilla differentiates itself with its innovative IDO Launchpad. Launchpad offers DEX swaps with advanced stop/loss features to give early investors a strategic advantage and optimize their trading experience. The NFT collection associated with the token aims to compete with industry giants such as the “Bored Ape Yacht Club.”

Meanwhile, GORILLA soared more than 19.57% compared to the previous month and was traded at $0.003905. The recent increase led the token to erase its previous seven-day downward slope. Over the past 24 hours, the 4-hour chart has shown a cycle of higher highs and higher lows. As a result, a positive trend line was formed, indicating further upside in the future. The token succeeded in overcoming the resistance level of $0.00388.

gorilla price chart

If it continues to trade above this trend line, the $0.005366 resistance could soon turn into support. If bullish pressure continues, GORILLA could rise to $0.006531.

Moreover, Gorilla’s 4-hour chart suggests that it could continue to rise over the next 12 hours. Additionally, Moving Average Convergence Divergence and RSI show bullish signals, which traders interpret as signals. Meanwhile, RSI is well above 50, which means the token is still going strong.