Blockchain

June 1st 6 Cheapest Cryptocurrencies You Can Buy Now for Less Than 1 Cent – Minu, BitTorrent, Shiba Inu

adminJune 2, 2024

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The cryptocurrency market is showing mixed market signals, with market capitalization increasing by 1.13%. However, there was a significant decline, with trading volume falling by 17.65%, showing investors’ caution. Therefore, market sentiment is Bearish Trend for Cryptocurrencies.

However, this allows investors to invest for a higher ROI during downturns. Several promising low-cost cryptocurrencies offer market participants an inexpensive entry point into the market. Therefore, Insidebitcoins maintains a list of some coins that trade for less than 1 cent.

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

Today’s analysis provides investors with valuable insights in evaluating the return potential of different cryptocurrencies. Numerous altcoins with a value of 1 cent or less are showing rapid price increases, suggesting that the investment prospects are bright.

We also review Minu, Pepe, Bonk, Shiba Inu, and BitTorrent as notable investment options. These low-cap tokens highlight real-world asset tokenization and blockchain innovation, sparking suggestions that these cryptocurrencies are viable portfolio additions.

1. Mine (my)

The MINU token has seen impressive price gains over the past day and week. It surged 85.05% from a week ago and grew 27.60% in the last 24 hours. These indicators are noteworthy because MINU has struggled with its bullish trajectory recently.

MINU showed strength and increasing capacity while remaining above the 20-day EMA. MACD is bullish at 0.0000000150. It is also still posting an RSI below the 70 level, which indicates that the MINU token is facing minimal resistance and ensures that it will continue to consolidate gains.

my price chart

Performance has improved significantly over the past month and week. The market value and trading volume of the coin have increased over the past 24 hours. MINU has shown signs of recovery and strength, with significant upside potential.

As of this writing, it has experienced a significant surge over the past 24 hours and is trading at $0.0000004378. If demand remains high, the asset price could reach $0.0000005. However, if it fails to stay above $0.00000043, it may fall to $0.00000035.

2. Bonk (bonk)

Bonk is considered the first dog-themed cryptocurrency within the Solana ecosystem. The token sparked an outstanding rally upon launch. This meme coin recorded a phenomenal rise in the first quarter. Although it is going at a modest price of $0.0065, its unique positioning has analysts predicting that it could reach $1 by the end of 2024.

Meanwhile, analysts are confident that Bonk can create a price move that can replicate its launch trajectory. Bonk coin price trends show the token’s resilience. The token is experiencing a significant explosion, leaving investors wondering if it will reach $1 soon.

Bonk price chart

As meme tokens grow in popularity, their value also increases. Bonk also leverages the Solana blockchain, which is renowned for its scalability and speed. As a result, it attracts investors looking for a faster and cheaper option for Ethereum-based meme tokens.

The token is trading at $0.00003445, which means that the price has increased by 67.52% in 30 days. Analysts predict Bonk will rise 225.77% this week, reaching $0.000112. Despite the downward trend, the Fear & Greed Index is showing 72 (greed). Bonk has a green day of 15/30 (50%), with price volatility of 19.00% over the last 30 days.

3. BitTorrent (BTT)

BitTorrent is an established P2P file platform in the cryptocurrency market. The project functions as a decentralized P2P sharing and torrenting platform that has become increasingly popular over the years.

The native token, BTT, was launched on the TRON blockchain using the blockchain’s TRC-10 standard. However, the project has seen an increase in adoption since it was acquired by TRON. With this acquisition, BitTorrent has expanded its use cases by developing several new tools. Using dedicated native cryptocurrency tokens

BitTorrent price chart

The world’s “largest decentralized P2P communication protocol” has recently undergone a significant upgrade. The team announced that it would halve rewards for storage miners from 15 billion BTT to 7.5 billion BTT. The development, expected to launch on June 25, 2024, aims to improve network efficiency and node performance.

BitTorrent maintained its bullish outlook, evidenced by a significant surge in buying pressure at $0.000001162 last week. This momentum is favorable for the bulls and could continue this week. However, if the recent halving fails to generate momentum, we could see some bearish activity.

4. 99Bitcoin (99BTC)

99Bitcoin An innovative project that offers users a unique opportunity to earn while learning. Analysts predicted that the token would surge 1,000x by 2024. The project operates on the Ethereum network and plans to migrate to BRC-20 tokens.

99Bitcoins news platform caters to a wide audience. He also boasts 800,000 followers on YouTube and 2.9 million followers through email subscriptions. Recently, we launched the Learn-to-Earn project, which aims to improve cryptocurrency education. Participants are rewarded for their interest and self-learning through interactive modules, quizzes, and courses.

Additionally, 99Bitcoins offers various incentives such as unlocking premium trading signals and discounts. You can also stake for passive income. This unique strategy of integrating learning and revenue has piqued the interest of early backers, who speculate that the token could attract significant attention once launched.

With pre-sales generating over $1.8 million in revenue, investors have expressed enthusiasm about the future prospects. 99Bitcoin. The cryptocurrency also offers perks such as BRC20 tools and training, VIP community groups, and trading signals. Participants are also entitled to a high APY, which decreases as more investors participate in staking.

Visit 99Bitcoins Presale.

5. Pepper (PEPE)

Pepe, known for its impressive returns since launch, is expected to continue its impressive growth going forward. The token is expected to potentially erase another zero from its valuation. With market dynamics strongly favoring these coins, investors can expect significant gains and a positive trajectory in the coming months.

The token has enjoyed a dizzying rise since its launch, surging around 948%. The current explosive increase in GME coins also played a decisive role in the development of PEPE. Surprisingly, the surge in GME tokens has allowed Pepe to reach new high valuations.

pepe price chart

Moreover, Pepe is expected to leap 200% in June as well. If this prediction is correct, the surge could see Pepe trading at $0.00005136, removing another zero from the price. Moreover, the 12x return to holders this year has piqued the interest of wealthy investors.

Meanwhile, the token is trading at $0.00001543 today. Several bullish catalysts also fueled PEPE’s rise. Moreover, the project recently burned 6.9 trillion tokens, worth about $6 million. This burn caused the token value to surge and increased investor interest.

Additionally, the Pepe team implemented a strategic development to bring in a new group of consultants. The project also aimed to explore partnerships and marketing opportunities. This forward-looking approach gives investors confidence that the token has a promising future.

5. Shiba Inu (SHIB)

SHIB is a decentralized, community-driven token used by millions of people around the world. The Ethereum-based SHIB token has become a global phenomenon since its launch. It is accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.

Shiba Inu (SHIB) has established itself as a strong competitor to Dogecoin, earning the nickname ‘Dogecoin Killer’. Strategic initiatives and an active community have helped SHIB gain traction. Recent developments, including ShibaSwap and various ecosystem projects, promise to enhance the utility and value of SHIB.

Shiba Inu price chart

Despite SHIB’s value dropping slightly today, it has traded up more than 3% over the past week. The token also lost a significant YTD surge of over 199.57%. Shiba Inu’s resilience is evidenced by its liquidity, as evidenced by its market capitalization ratio.

Shiba Inus ended the week with one of the top gains over the past week, with a price surge of 3.7%. This token outperformed the prominent Bitcoin, Ethereum, and Doge, and also outperformed AAVE and LINK. Shiba Inu is well positioned to achieve significant growth with a dedicated following and an ambitious roadmap.

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adminJune 2, 2024

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