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The cryptocurrency market showed mixed market signals, with market capitalization increasing by 2.38%. However, trading volume decreased by 16%, indicating investors tend to HODL in light of the upcoming Bitcoin halving. As a result, this market sentiment has led to a bearish trend in altcoins as traders prioritize Bitcoin acquisition.
Nonetheless, this presents an opportunity to capitalize on the decline following the altcoin season’s halving. A number of promising low-cost cryptocurrencies offer investors a cheap entry point into the market. As a result, InsideBitcoins has curated a list of the top five tokens that match this description.
5 Cheapest Cryptocurrencies You Can Buy for Less Than $1 Right Now
This analysis provides traders with valuable insights to evaluate the growth potential of various tokens. Many tokens priced below $1 are experiencing an upward trend, indicating promising investment prospects.
As well as, Pre-sale at Dogeverse The latest offer has surpassed the current target of $7,936,281 by $7,526,161.57. As we get closer to our goal, market interest continues to grow. This sentiment indicates a potential opportunity for investors to participate in the pre-sale, currently at 0.000298. However, the token price is scheduled to increase tomorrow.
We also see EOS, eCash, Core, and GMT as excellent investment options. These micro-cryptocurrencies focus on real-world asset tokenization and blockchain innovation, respectively. These factors help us recommend these assets as potential portfolio additions.
1. EOS
The EOS network recently launched a groundbreaking feature called Transferable RAM. This project seeks to reorganize resource allocation within the blockchain. It also allows users to quickly transfer RAM between accounts. Transfers are free, greatly improving EOS network availability and efficiency.
This feature also integrates RAM logging and alerts to ensure transaction transparency. This allows smart contracts to actively monitor and manage RAM utilization. These innovations further solidify EOS’ leadership in blockchain solutions.
Meanwhile, these developments have significantly improved the market performance of EOS. The coin is at $0.7893, reflecting an intraday surge of 7.52%. It also scores 16/30 Green Day. Additionally, $EOS is trading above its 200-day SMA, indicating stability and growth potential.
we are #EOS Community Lounge 🚨
Join now to discuss the latest updates in the ecosystem 👇https://t.co/FORDWinTRD pic.twitter.com/3Qsbt31jcx
— EOS Network Foundation (@EOSNetworkFDN) April 18, 2024
The coin’s consistent upward trajectory has promising potential for future expansion. Additionally, partnerships with other networks could allow EOS to exceed $3.52 before the end of 2024. Accordingly, analysts are closely observing the coin. Therefore, EOS is a cheap cryptocurrency that can currently be purchased for less than $1.
2. Doggers (Dozers)
Dogeverse is an innovative project that aims to connect multiple blockchains. The token seeks to create a unified space for market participants and investors. Inspired by Cosmo, a Doge token that bridges Ethereum and Solana. Dogeverse thus enables holders to seamlessly cross various cryptocurrency chains.
The token has also moved to be listed on several decentralized exchanges (DEXs) and centralized exchanges (CEXs). We also aim to build a vibrant community of meme enthusiasts and cryptocurrency investors. As Dogeverse continues to expand its multichain utility, the Cosmo team continues to develop innovative concepts.
Additionally, the recent pre-sale offer has surpassed the current goal of $7,936,281 by $7,526,161.57. As we get closer to our goal, market interest continues to grow. This sentiment indicates a potential opportunity for investors to participate in the pre-sale, currently at 0.000298. However, the token price is scheduled to increase tomorrow.
Another amazing achievement has been unlocked. #DOGEVERSE! 🚀
We’ve already exceeded our $7,500,000 goal! 💸
Cosmo is over the moon! 🐾😄
good job, #viceroy mania! 🌠 pic.twitter.com/jAZ7xZjkjw
— DogeVerse (@The_DogeVerse) April 19, 2024
However, this opportunity is limited, especially considering tomorrow’s price increase. Dogeverse also integrates VAX purchase options into its website. This integration allows users to trade on Ethereum, BNB, Polygon, and Avalanche. Additionally, it was announced that Base and Solana options will be added.
Visit Dogeverse Presale
3. eCash (XEC)
eCash is still riding the wave created by the halving event eight days ago. After falling to a recent low of 0.00002979, eCash has surged 5% and is currently trading at $0.00005979. Additionally, XEC’s current market trend shows continued upward momentum in the near term. Likewise, it is trading at a whopping 129.98% higher than the 200-day simple moving average (SMA) of $0.00003064.
While the overall market greed score rose to 75, eCash’s index score of 79 is a sign of increased investor interest. These numbers indicate extreme greed and increased token trading. This is likely to be driven by the prevailing bullish sentiment in the market. Additionally, XEC’s Relative Strength Index (RSI) suggests that it is currently oversold, indicating the possibility of an imminent upward move.
Meanwhile, eCash has seen impressive growth year to date, with its price soaring by 123%. Likewise, project adoption and community engagement are increasing. These two factors indicate the potential for further success of eCash.
🌟Hello, cryptocurrency enthusiasts and creative souls in our community! Guess what? https://t.co/5J6SBdM2Ls has made it to the Big 3 and is rolling out the red carpet for us with a dazzling graphic greeting contest.
🚀 Are you ready to unleash your inner artist and win big? Here’s your… pic.twitter.com/QQ2SgQ5WiO
— eCash🌐Community (@eCashCommunity) April 19, 2024
As a result, analysts predict that the price of XEC could exceed $0.0001085 before the end of 2024 if eCash announces collaborations with other networks. Additionally, the bullish trend in the overall cryptocurrency market may cause the average price to stabilize around $0.0000982 over the same period.
4. CORE
Over the past month, Core has recorded 15 consecutive days of price gains, surging 240% over the past 30 days to reach $0.95. Trading volume also surged by 256%. These indicators indicate strong market momentum. Core is a profitable investment with a significant market capitalization and high liquidity.
Core also operates as a Bitcoin-based EVM-compatible blockchain that combines delegated proof-of-work (PoW) and delegated proof-of-stake (PoS). The token’s recent surge coincides with the Core Foundation hosting a private event at Token2049 in Dubai. This event brings together real Bitcoin-related projects and fosters discussion about building and scaling Bitcoin.
However, from a technical perspective, core prices are currently locked in a tug-of-war between bulls and bears. This is evident as the price of the altcoin fluctuates along the midline of the market range, indicated by the 50% Fibonacci placeholder at $2.4587.
Bitcoin halving is almost here, so brace yourself. Will it soar us to the moon?
Join Space on April 19th to analyze the halving drama, wild price swings, and the confusing impact of UST debt. 🎢💸
Join Scholars: @web3_ayush & @buidlintern at… https://t.co/1k32k3dA3o pic.twitter.com/lVsH5rZtC2
— BuidlersTribe (@BuidlersTribe) April 18, 2024
CORE also surged 14.61% and is currently trading at $0.002931. CORE’s index of 79 indicates increased investor interest. This figure, which indicates extreme greed, is likely stimulated by the current bullish sentiment. With these positive technical indicators and upward price momentum, market analysts consider Core an attractive cryptocurrency investment opportunity.
5. Stephen (GMT)
In a move to capture the attention of the cryptocurrency community, STEPN officially announced an airdrop worth $30 million, garnering widespread attention. The plan aims to distribute $30 million in GMT tokens, representing a significant effort to reward its loyal user base.
Stepn (GMT) revealed its partnership with Adidas yesterday in a post on its X account. The partnership will kick off with a collection of 1,000 NFTs dubbed Stepn x Adidas Genesis sneakers. The price rose 4% GMT due to the airdrop and collaboration news.
Continuing to gain momentum through collaborations with DJ Steve Aoki and A0K1VERSE, STEPN (GMT) is further strengthened by an impressive 2-3 million monthly active users. This follows strong price performance breaking previous resistance levels and starting January with strong market momentum.
Despite the recent market downturn, STEPN had an incredible year, achieving monthly gains of over 4%. This growth is likely due to the growing popularity of “move-to-earn” applications where users receive cryptocurrency rewards for physical activity. STEPN’s innovative concept has captured the attention of investors and established it as a promising company in the fitness and blockchain sectors.
Can you find the hidden STEPN x adidas Jogger Sneaker at https://t.co/8NpUgEfKRT for a chance to win 900 GMT? 👇 https://t.co/mqIH1IfMrP
— step | Public Beta Stage VI (@Stepnofficial) April 19, 2024
Moreover, over the past year, STEPN’s market growth has recorded an impressive 277% growth. It also outperformed 76% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. STEPN is trading 332.26% above its 200-day SMA ($0.004690). This strong performance highlights the token’s potential as an investment opportunity in cryptocurrencies.
Learn more
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