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Several coins are recording impressive gains and trading above their 200-day EMA and SMA. Likewise, as the market outlook brightens, trading volume is increasing, leading investors to actively adjust their portfolios.
On this note, traders looking for a cost-effective market entry or smart investment explore inexpensive tokens. However, identifying the most promising low-cost cryptocurrency assets requires significant time and dedication. This article simplifies this effort by presenting a collection of inexpensive coins worth less than one cent. This provides valuable insights to evaluate growth prospects and help traders make informed decisions.
6 Cheapest Cryptocurrencies You Can Buy for Less Than 1 Cent Right Now
Bitcoin surged past $67,000., is nearing an all-time high in 2021. Additionally, several tokens, including those priced below 1 cent, are experiencing upward trends, providing investors with an opportunity to enter the market. Meanwhile, Bitcoin Minetrix is showing promising results as the 29th phase of pre-sale has concluded.
1. BONK
The latest cryptocurrency market outlook is optimistic, with Bonk leading the meme coin market. Over the past year, Bonk has experienced an incredible price increase of 5,596%. This surge outperformed 98% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. In 2023, Bonk created millionaires by providing significant profits to traders. In this regard, investors hope that the coin will repeat that feat.
In the last intraday trading session, Bonk rose more than 37%, reaching $0.00003471. This surge has Bonk trading 1618.31% above its 200-day SMA, indicating a bullish trend. Moreover, in the past 30 days, Bonk has recorded 15 green days, suggesting strong market sentiment.
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Moreover, Bonk is trading near all-time and cycle highs, suggesting further growth potential. High liquidity, reflected in market capitalization, makes it attractive to investors looking for promising ventures. On this note, investors see sentiment surrounding the coin as bullish.
2. BitTorrent (New) (BTT)
BitTorrent is making strides within the decentralized peer-to-peer file sharing ecosystem. Through this, it is slowly becoming one of the leading projects in the cryptocurrency world. In the latest weekly report, the total number of BTT miners surpassed 7.9 million. It also surpassed 144 million total storage contracts and over 24.19 trillion USD in total revenue BTT.
These numbers reflect the robustness of the BitTorrent ecosystem and its growing appeal among users and miners. Moreover, BitTorrent’s price/performance ratio has been noticeably stronger. The token is currently trading at 0.0000008218, which is 106.59% above its 200-day simple moving average (SMA).
🛠️#BTFS weekly report
✅Total miners exceed 7.9 million
✅Total storage contracts exceed 144 million
✅Total revenue exceeds KRW 2419 billion $BTT pic.twitter.com/jiHsUGH0FL— BitTorrent (@BitTorrent) February 28, 2024
Likewise, BitTorrent recorded 16 consecutive green days last month. This indicates continued positive price action and investor sentiment. Therefore, in line with these positive results, experts predict that the price of BitTorrent will exceed $0.00000205 by 2024.
3. Floki (Floki)
Floki Inu has been on the rise over the past week and has entered the top 70 by market capitalization. It has risen 310.53% in the last 7 days from 0.00003714 to the current price $0.0001528. This surge caused FLOKI’s market capitalization to increase by 10.26%, reaching $1.43 billion in one day.
Moreover, Floki Inu’s current trading position is 465.18% above its 200-day simple moving average of $0.00002696. This indicates a strong bullish trend and high greed score for Floki in the market.
Floki Inu also achieved a significant milestone by exceeding $526 million in total value locked (TVL) across its two key ecosystem products, Floki Stake and FlokiFi Locker. This achievement, which comes just one day after ATH reached $494 million, demonstrates the growing interest in the Floki ecosystem. TVL surpasses the combined TVL of other major meme coins, indicating Floki Inu’s strong presence in the market.
FLOKI Achieves $526 Million in Ecosystem TVL – Another Record Reach#Floki Just one day after ATH reached $494 million, the total TVL of the two major ecosystem products exceeded $526 million.
– Floki Staking: $389.6M
– FlokiFi Locker: $136.9MThis impressive TVL… pic.twitter.com/Qjdu4EYwrR
— FLOKI (@RealFlokiInu) March 4, 2024
With record daily TVLs reported, there is clear enthusiasm for the Floki ecosystem, which combines the appeal of memes with solid fundamentals. This has attracted the attention of investors looking for potential opportunities within the project.
4. JASMY
Jasmy’s outlook for YTD shows gains of over 350%, making it one of the best coins to consider. In the last intraday trading session, Jasmy surged 16.64% to $0.024563. Investors are therefore optimistic about Jasmy’s future, as evidenced by the extreme greed level of 82 on the Fear & Greed Index.
Over the past year, Jasmy has seen impressive growth, outperforming 89% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. Meanwhile, Jasmy has shown stability by consistently trading above its 200-day simple moving average.
In the last 30 days, Jasmy has had 19 green days, or 63% of the total days. This consistent performance and high liquidity based on market capitalization make Jasmy an attractive investment option. Therefore, Jasmy’s strong performance makes it a promising investment opportunity in the cryptocurrency market.
5. Set (1000 sets)
SATS is another token that is gaining a lot of attention in the current market rally. The current price of SATS is $0.000722, up 10.24% intraday. Likewise, the market capitalization also showed a notable increase by 9.40%, reaching $1.53 billion. Trading volume also surged 83.31% to $271.24 million.
Moreover, SAT’s price forecast presents an optimistic outlook and experts are optimistic that the upward trend will continue. Additionally, the Fear and Greed Index is at 82, meaning there is significant trading going on among traders. In particular, SATS recorded 15 consecutive green days over the past 30 days, showing a positive trend relative to its price.
With strong performance and growing adoption, SATS holds promising potential for future growth. Additionally, cooperation with other networks can further improve project prospects. If this cooperation is realized, the maximum price level of 1000SATS coins could exceed $0.001665 by 2024.
6. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix Pre-sales have come on strong in the current market rally, garnering significant interest and raising an impressive $11,735,338 in pre-sales. The project seeks to change the way BTC is mined by targeting widespread concerns such as excessive hardware costs and fraudulent activities. Bitcoin Minetrix allows users to stake BTCMTX tokens. This gives you access to cloud mining credits and ensures a safe and hassle-free mining experience.
Bitcoin Minetrix, a departure from traditional mining methods, offers a variety of features. This includes a low-cost entry point with no minimum purchase requirements, and decentralized and user-owned tradable tokens for added security. The platform also prioritizes user-controlled risk management, facilitating seamless withdrawal and selling options.
There are now 48 hours left until the opening of Stage 29. #Bitcoin Metrics!
How do soft forks and hard forks proceed? #Bitcoin Protocol Impact Miner? 🔧 pic.twitter.com/UvgGTZE5ab
— Bitcoin Minetrix (@bitcoinminetrix) March 4, 2024
In pre-sale stage 29, Bitcoin Minetrix It saw a whopping 712,668,364 BTCMTX tokens staked, boasting an impressive APY of 58%. Since each token is priced at $0.0138, investors can take advantage of the current exchange rate before the expected increase in value in the next day.
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Learn more
A new cryptocurrency mining platform – Bitcoin Minetrix
- Thanks to Coinsult
- Decentralized, secure cloud mining
- Get free Bitcoin every day
- Native token currently in pre-sale – BTCMTX
- Staking Rewards – APY 50% or more
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