Mar 9 6 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than $1

adminMarch 10, 2024

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With the Bitcoin halving set to begin in 41 days, the overall fear/greed score moved to 89 as transaction rates increased. This increase in activity has led to increased trading volumes, and the positive market outlook has prompted inventors to update their portfolios.

Additionally, traders often focus on low-cost tokens to find cost-effective market entry points and promising investment opportunities. However, identifying the most promising low-cost cryptocurrency assets requires significant time and effort. In this article, we will compile a list of cryptocurrencies priced under $1 to simplify this process.

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

This review provides valuable insight for traders looking to evaluate the growth potential of various tokens. Several tokens, some with prices below $1, are currently trending upward, providing an opportunity for investors to enter the market. Additionally, Bitcoin Minetrix is showing promising results ahead of the end of presale phase 30. Leveraged Bitcoin ETF Assets are approaching $1 billion.

1. SIX

Along with the current surge in altcoins, SEI tokens are quickly gaining attention due to their recent price rise. In the last 24 hours, SEI has seen an impressive 14% gain, reaching a high of $0.9577. This price surge was accompanied by an 80% increase in trading volume, indicating growing interest from traders.

Moreover, the announcement of SEI’s v2 upgrade further amplified the optimistic atmosphere surrounding SEI. This upgrade supports CosmWasm and EVM execution environments simultaneously. Likewise, it promises to improve transaction speeds and increase network capacity to process thousands of transactions per second, ultimately reducing final processing time.

SEI price chart

Additionally, SEI quickly rose to the top 100 token projects by market capitalization, indicating increased adoption. With SEI nearing its cycle highs and boasting high liquidity by market cap, investors are closely watching the project’s trajectory. As the community grows interest and investment in SEI, the token has the potential to reach new heights in the market.

2. Conflux CFX

Conflux Network recently partnered with Hong Kong-based fintech company AnchorX. Together, the goal is to launch a stablecoin called axHKD, pegged 1:1 to the Hong Kong dollar. The stability of stablecoins is ensured by backing them with liquid assets held in trust contracts. These deals are overseen by regulated financial institutions, including Hony Capital, a major private equity firm with total assets of $13 billion.

CFX price chart

The announcement boosted the price of CFX and boosted its overall positive outlook. CFX, the native cryptocurrency of the Conflux Network, has grown significantly with increasing market adoption. The price is currently at $0.335479, up 4.71% in the last 24 hours and 81% over the past year.

Introducing AxHKD, a Hong Kong dollar-backed stablecoin!
Conflux is facilitating beta testing of the Hong Kong dollar-backed stablecoin AxHKD on its platform.@AnchorX_Ltd We aim to dominate Asia’s digital currency landscape by providing a trusted global exchange. AxHKD… pic.twitter.com/4RGpQ8uMH7
— Conflux Network Official (@Conflux_Network) March 8, 2024

Meanwhile, CFX is trading well above its 200-day moving average, indicating a bullish trend. Additionally, Conflux has consistently performed well, with 19 of the last 30 days in the green. High liquidity indicates strong trading activity, as evidenced by market capitalization.

3. PYTH Network (PYTH)

Laser Digital, the digital arm of Nomura, has partnered with Pyth Network. This collaboration signals Laser Digital’s commitment to improving DeFi’s accessibility to financial market data.

To start, Laser Digital provides crypto price data to the Pyth Network. The latter currently hosts over 400 price feeds across a variety of asset classes such as digital assets, stocks, ETFs, forex, and commodities. This strategic move is consistent with the industry’s shift toward blockchain technology, which requires high-frequency, low-latency on-chain data to support advanced DeFi applications.

PYTH price chart

Meanwhile, Pyth Network is in the green with its price reaching $0.708357. This rally is an increase of 7.27% in the last 24 hours as buying pressure begins to increase. The sentiment surrounding Pyth Network’s price prediction is bullish, with the Fear and Greed Index indicating an extreme greed level of 81.

Over the past 30 days, there have been 17 green days, accounting for 57% of the total, signaling that trading conditions are nearing cycle highs. Pyth Network also shows high liquidity based on market capitalization. Overall, the collaboration between Laser Digital and Pyth Network presents promising prospects for cryptocurrency investors.

4. Kronos (CRO)

Cronos has recently broken out of a downward trend and witnessed an uptrend. After plummeting to $0.076 on January 24, the token surged 81.5%, reaching $0.138 on March 4. It also moved 41.93% over the past seven days, reaching $0.1636. This surprising reversal is consistent with the current trend. A market-shaking rally and Kronos’ continued growth.

Notably, Fulcrom Finance on the Cronos network exceeded $1 billion in TVL on February 1. Additionally, on February 22nd, Cronos released version 1.0 of its Lite whitepaper outlining its plans for future zkEVM releases. This release outlined key features such as scalability, liquidity sharing across hyperchains, yielding crypto assets, and native account abstraction.

CRO price chart

They also highlighted future plans such as testnet quests and proof-of-participation for early adopters of #CROFam. Therefore, experts are optimistic about CRO and expect the coin to maintain its upward trend. Therefore, CRO is expected to rise above $0.200 soon.

We are preparing for launch #Chronos zkEVM is a zero-knowledge layer 2 blockchain on top of the Ethereum mainnet. Today we are excited to release version 1.0 of Lightpaper.
⏩️ Scalability and modular data availability
💧 Liquidity sharing between hyperchains
💰 Yield bearing… pic.twitter.com/MjGifwHh5u
— Cronos (@cronos_chain) February 22, 2024

This optimism is fueled by several factors, including the token’s impressive performance over the past year. The coin has outperformed 56% of the top 100 coins on a YTD basis and has consistently traded above its 200-day simple moving average. Kronos (CRO) also signaled positive momentum, recording 20 green trading days out of the last 30.

5. Bitcoin Minetrix (BTCMTX)

During the ongoing cryptocurrency market rally, Bitcoin Minetrix Pre-sales attracted significant interest and raised an impressive $11.9 million. The project aims to improve BTC mining by solving common problems such as high hardware costs and fraudulent activities. Bitcoin Minetrix allows users to access cloud mining credits by staking BTCMTX tokens and promises a safe and hassle-free mining experience.

Unlike traditional mining methods, Bitcoin Minetrix offers attractive features, including a low-cost entry point with no minimum purchase requirements. The platform also emphasizes user-controlled risk management, enabling seamless withdrawal and selling options.

There are now 3 days left until level 30. #Bitcoin Metrics conclusion!
How does the latency of mining hardware affect mining efficiency? 💻 pic.twitter.com/Rb8sPXxERW
— Bitcoin Minetrix (@bitcoinminetrix) March 8, 2024

Bitcoin Minetrix The pre-sale has reached stage 30, with a whopping 719,958,114 BTCMTX tokens staked, boasting an impressive APY of 58%. Since each token costs $0.0138, investors can take advantage of the current exchange rate before the expected increase in value in the next day. This presents an attractive opportunity for investors seeking innovative solutions in the mining sector.

Visit Bitcoin Minetrix Presale

6. Dogecoin (DOGE)

The recent surge in Dogecoin millionaires has caught the attention of the cryptocurrency community. This is an important milestone for Meme Coin. According to data from IntotheBlock, the number of addresses holding $1 million worth of DOGE has surged 76% in just 30 days, surpassing 1,000 Dogecoin millionaires.

The surge in wealth accumulation among Dogecoin holders coincides with the coin’s impressive market performance. Over the past year, the price of Dogecoin has surged a whopping 137%. It outperformed 55% of the top 100 cryptocurrency assets. Additionally, Dogecoin is trading well above its 200-day simple moving average of $0.085249, indicating a significant upward trend.

DOGE price chart

Moreover, Dogecoin has shown resilience in the market. Of the last 30 days, 19 were green days. This indicates that there is positive trading sentiment among investors. Dogecoin also boasts high liquidity based on its market capitalization. This adds to its appeal among traders and investors.