May 4 5 Cheapest Cryptocurrencies You Can Buy Right Now for Less Than 1 Cent

adminMay 5, 2024

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Cryptocurrency markets experienced significant volatility in April due to sentiment surrounding the Bitcoin halving. price of BTC The daily chart continued to move sideways, remaining unpredictable for over a month. However, as the cryptocurrency market begins to recover, it is showing a rebound after the halving.

Investors looking for the cheapest cryptocurrency deals under 1 cent are searching the market as the 2024 bull market begins. Several cryptocurrencies stood out from the crowd of choices with significant upside ahead of them. Today’s analysis highlights some cryptocurrencies priced under $1 that analysts believe could deliver significant returns.

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

Solana’s latest blockchain venture is gaining attention. Among them is Mega Dice (DICE), a gaming and gambling token that has been rapidly gaining popularity since pre-sales began. In less than two weeks, Mega Dice has raised more than $700,000, indicating significant interest in this new concept.

Additionally, XEC is showing a short-term upward trend and is trading 129.98% above its 200-day simple moving average. Moreover, Floki’s impressive 16.6% surge in 24 hours signals a clear shift in investor sentiment towards high-risk assets.

1. Nervos Network (CKB)

Nervos Network has seen a steady surge in value since early May. This growth came after the token was listed on BitMart. Analysts predicted that price surges will continue to increase if there is continued demand for altcoins and favorable inflation reports. Additionally, the ripple effect of the Bitcoin halving event will further fuel investor sentiment.

Moreover, CBK is trading at a whopping 258.84% higher than the 200-day SMA, showing solid market performance. The token’s market capitalization has surpassed the $1 billion market mark. This indicates that it has surpassed established competitors such as ADA and XRP this year.

Nervos Network Price Chart

Boasting an impressive 6.3x surge in its 2024 price trajectory, CKB is valued at $0.01872, up 19.10% from the previous 24 hours. With this bullish momentum, experts speculate that Nervos could surpass its 52-week high of $0.025 and aim for a surprise rally towards $0.044 during May’s bullish wave.

#bitmart The Nervos network (CKB) is listed. @NervosNetwork On digital asset platforms on May 1, 2024 😉
💰Trading pairs: $CKB/USDT
💎Deposit: Already opened
💎Trading date: May 1, 2024, 3:00 PM (UTC)
Learn more: https://t.co/CgaiAQ5FRN pic.twitter.com/87AQOT5SjQ
— BitMart (@BitMartExchange) April 30, 2024

On a YTD basis, CKB has experienced a whopping 499% price increase. This performance means it outperforms 86% of the top 100 cryptocurrency assets, outperforming Bitcoin and Ethereum. In summary, the Nervos network is poised for significant growth, with analysts predicting a continued bullish trend driven by solid market fundamentals.

2. MegaDice (DICE)

mega dice, a well-established casino, has raised more than $700,000 in a pre-sale of its new $DICE token, which aims to transform GameFi. These tokens play an important role in Mega Dice’s gamification plans by rewarding current users and attracting new users. Surprisingly, Mega Dice plans to become a pioneer among cryptocurrency casinos and offer daily rewards based on platform performance.

Mega Dice presales have been remarkably successful so far. The project has achieved significant funding milestones, demonstrating strong demand for its tokens. Due to its accessibility and limited availability, people are eager to acquire $DICE tokens.

Currently, the price of each $DICE token is $0.069. Those interested can connect their wallets and exchange SOL, ETH or BNB for $DICE tokens. Mega Dice has issued 420,000,000 $DICE tokens, with 35% available for pre-sale.

It just surpassed $700,000 in presales and reached 8,000 members on Telegram. To celebrate, we’re giving away $4,000 in SOL! 🚀
Don’t miss your chance to win BIG with Mega Dice Casino! 💰
Join us here ⤵️https://t.co/wSxiRnIHlz pic.twitter.com/NDMbxQLawK
— Mega Dice Casino (@megadice) May 3, 2024

Meanwhile, they allocated 15% to player airdrops, 15% to liquidity pools, and 15% to the casino’s $DICE pool. Another 10% will be used as rewards for token stakers and the remaining 10% will be allocated to marketing and other contracts.

mega dice Ensure pre-sales are included. After the pre-sale, they aim to list the $DICE token on a decentralized exchange (DEX) to potentially increase its popularity.

Visit MegaDice Presale

3. JASMY Coin

JasmyLab Inc., a data utilization company that developed the Layer 2 blockchain ‘JANCTION’, has signed a strategic partnership with Chain With Limited. Through this collaboration, users in Japan and Korea will be able to experience new revenue opportunities through a variety of applications.

JasmyCoin is receiving a lot of attention due to its steady price rise in April. The positivity of the Bitcoin halving is a driving factor as JASMY is trading at $0.01862 after rising 8.49% in the last 24 hours. Meanwhile, investors are optimistic about the coin, with a greed score of 78, indicating that trading of the coin is increasing.

Jasmy Coin Price Chart

Moreover, JASMY’s market growth over the past year has resulted in a 162% growth, providing benefits to early investors. Amazingly, it outperformed 76% of the top 100 assets, including Bitcoin and Ethereum. Jasmy is trading 332.26% above its 200-day SMA ($0.004690).

We are pleased to announce the MOU. #JANTION and #C2E!
Please check here for more details! https://t.co/ZIhaZyLSw0#JANTION #jasmi #C2E @HARA_jasmyCFO @JasmyMGT @chainwith_c2e
— JANCTION (@JanctionMGT) May 2, 2024

Meanwhile, it is firmly established on the basis of high liquidity in terms of market capitalization, recording 15 green days in the past 30 days. Given these solid fundamentals, JasmyCoin has the potential to achieve increased market growth.

Therefore, analysts predict that if JasmyCoin announces collaborations with other networks, its price could surpass $0.0192 by 2024. In a bull market scenario, the average price would stabilize around $0.0194 by the same year. However, due to a market downturn, the minimum value could plummet to $0.0163 in 2024.

4. FLOKI

Floki is a meme coin powered by a dedicated community of fans and developers. This symbolizes the unpredictable nature of cryptocurrency. However, the token is attracting widespread attention from both supporters and critics.

Floki started the trading day up 11.6%, reaching $0.0001900, despite a 5% price decline from the previous month. On a YTD basis, it has surged 431% compared to other cryptocurrencies.

Floki price chart

At the time of writing, the price of FLOKI hit $0.0001922, up 16.6% in 24 hours. If this trend continues, FLOKI may reach the resistance levels of $0.00022971 and $0.00002532. According to Fibonacci levels, a breakout rally could send Mimcoin challenging the $0.00030 peak, potentially leading to a 2-fold surge before the end of May.

This week #Floki / #tokenpie Weekly Summary:
✓ TokenFi TV Advertising + Contest in Türkiye
✓ $ARQX From TokenFi Launchpad
✓ What Justin Sun said $FLOKI
✓ Upcoming Community AMAs
✓ New lock on #Floky Pie locker
All this and more coming on Saturday, May 4th at 2PM UTC! 👇
https://t.co/KyNndEnhzY
— FLOKI (@RealFlokiInu) May 3, 2024

Floki’s price rise increased its market capitalization to $1.8 billion, showing the meme coin’s growing popularity. Unlike its competitors, Floki demonstrated continued investor interest with 24-hour trading volume increasing 37.5% to over $294 million.

If market momentum and investor sentiment remain positive, FLOKI could reach $0.0002. Additionally, future upgrades to the FLOKI ecosystem could enable it to surpass the current high (ATH) of $0.0003437 and set a new record.

5. eCash (XEC)

eCash was initially rebranded from Bitcoin Cash ABC (BCHA), which was a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It is positioning itself as a cryptocurrency explicitly tailored for electronic cash use. eCash’s core focus is to provide a fast, secure and private medium of exchange for global transactions.

The current value of eCash is $0.00005091, with a 24-hour trading volume of $14.63M and a market cap of $1.02B. Moreover, its value has increased by 10.99% in the last 24 hours. The token has also surged 92% over the past year, outperforming 62% of the top 100 cryptocurrency assets.

eCash price chart

The general sentiment regarding eCash’s price prediction is bullish, with the Fear and Greed Index indicating a confidence level of 66. Notably, eCash is currently trading 69.69% above its 200-day simple moving average (SMA) of $0.00003064.

Construction never stops! 👨🏻‍💻
📣 Bitcoin ABC 0.29.3 has been released! 🚀
This release adds a new Lokad ID index to Chronik to make it easier for developers to build applications on top of eCash.
ℹ️ Check the release notes and upgrade to the latest major version (0.29.x) before May 15th. ⤵️$CHECK… https://t.co/hwD3hXHRKE
— eCash (@eCashOfficial) May 1, 2024

Analysts suggest that eCash’s trajectory could grow through ongoing efforts to improve payment efficiency by shortening transaction final times. Additionally, potential collaborations with other networks could enhance the value of XEC, which is expected to skyrocket to $0.0001085 by 2024.