5 Best Cheap Crypto to Buy Now Under 1 Dollar

The crypto market experienced substantial fluctuations in June due to sentiment surrounding the Bitcoin Halving event and Ether ETF approval.

The crypto market experienced substantial fluctuations in June due to sentiment surrounding the Bitcoin Halving event and Ether ETF approval. BTC’s price has remained inconsistent for over a month. Consequently, investors may want to wait for a clearer signal indicating conviction among buyers to lead the post-halving rally.

The search for the best cheap crypto trading below 1 dollar has investors searching the market as the bull run of 2024 takes off. A few cryptos have distinguished themselves among the numerous choices by prospecting for a significant upswing. Today’s analysis highlights five cryptos under 1 dollar that analysts say could offer considerable returns.

5 Best Cheap Crypto to Buy Now Under 1 Dollar

Gala allows developers to create custom tokens, smart contracts, and node networks. The project facilitates bridging assets to other blockchains like Ethereum and Binance Smart Chain. Meanwhile, Flow experienced a surge of over 8% in the last 24 hours.

This article also explores the factors that could influence Flow’s price, from market trends to investor sentiment. We will also look at other low-priced altcoins like Hedera and Polygon. By the end of this analysis, you will have a clearer understanding of their prospects for 2024.

1. Flow (FLOW)

Flow is a proof of stake blockchain that serves as the foundation for the open metaverse and Web3. The project promotes consumer-scale DApps, DEFi, DAO, NFTs, and PFP projects. It empowers blockchain developers to boost their creativity and push the boundaries to generate the next billion users for Web3.

Flow enjoys the support of a team that has consistently delivered industry-leading consumer-scale projects. These projects include CryptoKitties, NFL ALL DAY, and NBA Top Shot. Flow's open, decentralized protocol has attracted an ecosystem of creators from leading brands, growth studios, venture-backed startups, crypto influencers, and more.

FLOW, the native coin of the platform, has numerous essential purposes within the ecosystem. Some of its utilities include staking, paying transaction fees, and participating in network governance. The rising number of users and dApps on the platform increases the demand for Flow coin, which in turn influences FLOW's price.

Meanwhile, $FLOW is exhibiting an apparent upsurge as it glides above $0.5846, up over 8%. The price displays stability amidst its upward movement to reverse a recent decline. Also, the prevailing trend remains bullish, implying that sellers cannot counteract the dominant buying activity, leading to a sustained increase in value.

Big Sale Alert🚨

The first LeBron James Cosmic sale in 2024! 🥳 Congrats to @FustyNft for adding this Legendary 👑 LeBron @NBATopShot Debut Moment to your collection!#GrailsOnFlowty🏆 @LA__Showtime #LakeShow pic.twitter.com/ZSYU4Q22zR

— Flowty (@flowty_io) June 20, 2024

The 24-hour chart analysis suggests a positive trend because the value has witnessed an uptick today. Despite oscillating between $0.4654 and $.05844, the token has flipped a significant support level of $0.5846 to relieve selling pressure. The buying pressure is increasing, and $FLOW will test higher price levels soon.

In summary, Flow’s price analysis reflects bullish sensations in the near term as bulls relieve selling pressure. The market remains bullish and is likely to sustain its current upward trajectory. The token's value has been rising steadily today with more support in the short and long term for the coin. The market is recovering, which might play a considerable role in nudging FLOW’s value upward.

2. Hedera (HBAR)

Hedera has initiated strategies to modularize its services, which means breaking them down into simpler, more manageable parts. This action will make development, scalability, Updates, and problem-solving easier. It also promotes smoother network operations, enticing more developers looking for a user-friendly platform to Hedera.

Moreover, the team is updating its network infrastructure to strengthen its reliability and robustness. These upgrades prove Herdera’s strong dedication to maintaining a solid network, a crucial element for businesses contemplating using the platform.

Meanwhile, HBAR’s value rebounded from the $0.072 critical support level, demonstrating intense buying interest from the bulls. Despite the bears’ efforts to stop the recovery at the 20-day EMA of $0.077, the bulls smashed through this opposition.

Moreover, the token is gliding around the ascending uptrend line, resulting in strong acceptance. This has seen HBAR price trade at $0.08456, increasing over 6% in the last 24 hours.

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