5 Best Cheap Cryptos to Buy Now Under 1 Dollar

This review offers essential insights for investors seeking to assess the growth potential of various tokens. Several tokens, such as Conflux, Akropolis, and XRP

Today’s market analysis showcases a blend of enthusiasm and caution. While the total trading volume experienced a 25% increase, reaching $91.70 billion in the last 24 hours, the market capitalization encountered a slight decrease of almost 1% during the same period. Additionally, the crypto Fear & Greed Index registered a reading of 64, indicating further growth potential.

Meanwhile, investors are searching the market for the best cheap crypto trading below 1 dollar 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 the 5 best cheap cryptos under 1 dollar that analysts could offer considerable returns.

5 Best Cheap Crypto to Buy Now Under 1 DollarConflux (CFX)

This review offers essential insights for investors seeking to assess the growth potential of various tokens. Several tokens, such as Conflux, Akropolis, and XRP, are currently experiencing upward trends, presenting investors with opportunities to enter the market.

Furthermore, Mega Dice and PlayDoge have recently raised over $1.6 million and $5.8 million, respectively in their ongoing presales. Their prices currently stand at $0.100256 and $0.00521 each. Prospective investors are urged to buy the token as their prices are structured to increase soon.

1. Conflux (CFX)

Conflux is a unique project developed to strengthen decentralized applications (dApps), Web 3 infrastructure, and e-commerce. It seeks to outmaneuver other blockchains in terms of scalability, decentralization, and security. Moreover, the platform facilitates the fast, efficient, and cost-effective transfer of assets.

Furthermore, Sei empowers users with the essential development tools that follow regulatory compliance. These tools are designed to help developers build secure and scalable dApps. The native token, CFX, serves multiple purposes, including being used as a store of value, for governance, and for staking to earn more CFX tokens.

This also fosters the creation of unique projects such as the MEI PROJECT sneakers and ConFi’s Friends. These special utility cases ensure increased demand for CFX tokens in China. Currently, CFX trades at $0.1683, indicating a 1.1% increase in the last 24 hours. Notably, it builds on last week’s 3% increase and last month’s 13% uptick.

The 14-day Relative Strength Index (RSI) for CFX stands at 56.4, indicating a neutral market position with a likelihood of sideways trading. Over the past 30 days, the token has experienced price increases on 16 occasions, reflecting high liquidity. Given its strategic partnerships and consistent upward price trends, analysts anticipate that the CFX price will stabilize at a minimum of $0.2880 by the end of the year.

2. Akropolis (AKRO)

Market participants are well-acquainted with Akropolis’s innovative approach to borrowing and lending, which has likely contributed to its ongoing sustainability. The platform tackles the financial sector’s challenge of collateral-dependent credit access by providing under-collateralized loans. This feature appeals to credit seekers and investors eager to transform the lending landscape.

Meanwhile, AKRO continues its bullish trend, trading above support levels and consolidating around resistance zones. Currently, the token is priced at $0.005633, reflecting a 7.5% increase over the past 24 hours. This rise builds on a remarkable 20% price increase recorded yesterday.

The primary catalyst for this surge is an announcement by KCEX, a cryptocurrency exchange. This development is expected to propel AKRO into a prolonged bullish trajectory, with the potential for a further 100% increase.

As with every cryptocurrency, the significant market downturn last week impacted AKRO’s price, driving it down to a low of $0.005. However, AKRO quickly rebounded the following day, advancing towards $0.011. Despite the challenges encountered by other ecosystems, AKRO has achieved notable gains of 5.9% and 13.1% over the past 7 and 14 days, respectively.

Moreover, AKRO’s current price exceeds the 50-day and 200-day Simple Moving Averages, indicating a positive trend for the asset in the short and long term. The Moving Average Convergence Divergence (MACD) indicator is positioned above the signal line, accompanied by green histogram bars. This reinforces the notion that buyers dominate the market, suggesting the potential for further gains in the coming weeks.

3. Mega Dice (DICE)

Mega Dice integrates gaming and cryptocurrency, catering to both gamblers on its platform and holders of its DICE token. Furthermore, Mega Dice has launched