Blockchain

June 3 6 Cheapest Cryptocurrencies to Buy for Less Than $1 – Pyth Network, Ethena, Conflux

adminJune 4, 2024

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The fear/greed score surged to 89 due to rising trading rates following the Bitcoin halving and approval of the Ethereum ETF. This increase in activity has also led to an increase in trading volume. These events have led investors to revise their portfolios in response to optimistic market outlooks.

Moreover, investors are constantly looking. Cost-effective entry point To the market. Some investors have secured promising investment opportunities by primarily targeting low-cost tokens. In this article, we have compiled a list of cryptocurrencies that investors should keep an eye on.

6 Cheapest Cryptocurrencies You Can Buy for Less Than $1

This review provides valuable insight for investors looking to evaluate the growth potential of various tokens. A number of tokens, including Pyth Network, eCash, Conflux, Ethena, and Hedera, are currently experiencing upward trends, giving investors an opportunity to enter the market.

99Bitcoins is preparing to launch its DEX after a pre-sale and is urging early investors to secure their tokens at a favorable price. This pre-sale marks a significant milestone in the cryptocurrency and education markets. Investors looking for a promising learn-to-earn token can add $99BTC to their watchlist.

1. PYTH Network (PYTH)

PYTH Network has largely disappeared from the recent bearish trend in the cryptocurrency market. However, the altcoin emerged from the recession and was trading at $0.4394. Trading volume also surged by 26.7%. This rise has resulted in it outperforming many major cryptocurrencies today.

Moreover, the token accumulated significant gains early in the bull market rally. At the peak of the market, the price of Pyth Network’s token soared to over $1. Experts suggest that PYTH will soon test this price again if it maintains its current price trend.

Pyth Network price chart

However, PYTH is one token that investors can add to their watchlist in the future. As of this writing, the cryptocurrency is on a reversal trajectory and presents a perfect buying opportunity for investors. Additionally, PYTH has seen a significant increase in trading volume compared to the overall movement of the market.

As a result, investors looking for cheap cryptocurrency tokens for short-term trading opportunities can add PYTH to their buy list as the token has more room for further upside. Additionally, the project offers innovative services in the cryptocurrency market, indicating that demand for its tokens will remain.

2. 99Bitcoin (99BTC)

99Bitcoin We launched the cryptocurrency 99Bitcoins token (99BTC). The token quickly raised over $1.9 million in an ongoing pre-sale. This development demonstrates the token’s potential. Moreover, investors still have the opportunity to purchase the token at the initial price of $0.00107, but the price is expected to rise gradually over time.

Additionally, a pre-sale limit of $10.3 million encourages investors to acquire the discounted 99 BTC tokens before the price increases. These tokens facilitate a Learn-to-Earn platform where users are rewarded for learning about cryptocurrencies. As funding milestones are achieved, the price of 99BTC will gradually increase.

Additionally, the innovative Learn-to-Earn concept benefits token holders by encouraging users to educate themselves about cryptocurrencies. 99Bitcoins also plans to enhance the learning experience by gamifying Bitcoin education. Users who complete challenges and lessons will earn higher ranks and receive $99BTC tokens as a reward.

Conversely, the project explores the potential effects of a Bitcoin halving event and has attracted a broad audience across a variety of platforms. Token distribution will allocate 10.5% to pre-sale, 14% to staking rewards, and portions to development, community rewards, liquidity and marketing.

The tokens then launched a sweepstakes on the platform. Participants can win free Bitcoin from a $99,999 BTC prize pool containing over 5,000 entries. Additionally, token holders participating in the pre-sale will enjoy holding benefits. 99Bitcoin token.

Visit 99Bitcoins Presale

3. Athena (this)

Ethena is in a correction phase after a significant drop of more than 15% a few weeks ago. The token price has surged recently due to whale trading. The big whale took over 6.26 million ENA tokens from one address, which amounts to nearly $5.4 million from one address.

The timing of whale trading activity means it can be the perfect market entry point. ENA’s value may have fallen a few weeks ago due to US CPI data. However, the token price has risen by more than 150% since launch.

Ethena price chart

Meanwhile, ENA is trading at $0.8312 today. This value means an increase of 7.36% from the previous day. The YTD growth rate of 42.24% demonstrates the token’s ability to consistently provide returns to investors.

Meanwhile, Ethena is sitting at the 39% Fibonacci level, indicating that now could be the perfect moment to buy. Analysts predict that the value of the token may rise after it breaks the trend line on the 24-hour chart. It is struggling to break above $0.92, but could trade above $0.92. This could happen if it rises more than 30%, perhaps reaching $1.2.

As the cryptocurrency market frenzy continues to build, buyers are feeling more positive. Bitcoin is approaching $70,000, suggesting ENA’s value will break out of the $0.83 level. With Ethena nearly completing its exit phase, investors are anticipating its next big move.

4. Ivy (HBAR)

The Hedera team integrated Triad Finance (TraidFi) into Hedera’s blockchain technology. This development demonstrates Hedera’s potential to attract high-quality projects due to its fast, secure, and low transaction fees. Meanwhile, Hedera’s Archax has played a key role in expanding tokenized money market fund options for institutional clients.

HBAR’s value was $0.1031, up 3.37% on the day. These positive price movements also reflect a bullish trend, improving market sentiment for the token. The token recorded a 5.13% increase compared to the previous month. The annual growth rate is 103.71%, indicating continued bullish momentum over the long term.

Hedera price chart

Meanwhile, this surprising increase follows recent announcements from BlackRock. BlackRock, the world’s largest asset manager, announced plans to tokenize its U.S. Treasury money market fund on Hedera. Notably, the collaboration also includes Archax and OwneraIO.

Moreover, investor sentiment regarding Hedera price is optimistic. The token’s Fear & Greed quotient is 71 (Greed). Experts also predict a significant upward trend for Hedera, predicting that it will soon reach $0.1500.

Moreover, the recent breakout represents a significant increase of over 45% over the past three weeks. The overall trend remains bullish, indicating a potential upward move for the token. These indicators suggest that investors have faith in the network’s ability to handle important financial products. Therefore, investors should consider adding HBAR to their watchlist.

5. eCash (XEC)

eCash traded at $0.00004613 today, marking a gain of 64.39% since launch. Despite the value falling slightly by 0.3% in the last 24 hours, bullish sentiment and 20/30 green day offset the decline. The token has also surged 87.25% over the past year, outperforming 62% of the top 100 cryptocurrency assets.

The token initially launched as a fork of Bitcoin and Bitcoin Cash. It is differentiated as a token developed specifically for electronic cash transactions. The primary goal of eCash is to enable a fast, secure and confidential medium of exchange for universal transactions.

eCash price chart

Current sentiment surrounding eCash’s value forecast is bullish, with the Fear and Greed Index reflecting a confidence level of 68. ECash is trading 69.28% above its 200-day simple moving average of $0.00003064.

However, analysts predicted that ongoing measures to enhance payment efficiency by reducing transaction confirmation times would only increase the value of eCash. Meanwhile, the possibility of partnerships with other networks could increase the price of XEC, which is expected to rise by $0.0001085 by 2024, according to forecasts.

6. Join (CFX)

The Conflux team announced their partnership with XLinkbtc on their Twitter page. The collaboration aims to bridge Bitcoin Layer 2 innovations with the protocol’s high-speed blockchain. It will also support developers and enhance the interconnected blockchain ecosystem network.

The network also teamed up with fintech company AnchorX to launch a stablecoin. The coin is pegged to the Hong Kong dollar with the tag “AxHKD”. The team is also working to ensure the rapid launch of the AxHKD stablecoin.

Conflux price chart

As a result, CFX recorded an impressive 2.56% gain, hitting $0.2214. This intraday increase further solidifies the optimistic mood. Additionally, a greed score of 74 suggests ample buying pressure. To maintain this positive trajectory, Conflux has experienced an impressive surge of 162.56% since launch.

Meanwhile, Conflux is trading above its 200-day SMA, showing a bullish trajectory. CFX further strengthened its upward trend with 25 green days in the last 30 days. Considering these indicators, analysts predict that Conflux’s upward trend will continue in the short and long term.

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adminJune 4, 2024

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