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In recent days, the cryptocurrency market has witnessed several events that have influenced investment trends. For example, the arrest of Telegram founder Pavel Durov has caused the value of TON tokens to plummet in recent days.
However, this market turbulence opens a window for savvy investors to capitalize on positions with future return potential. Amid the recent market decline, several tokens, especially assets priced below a dollar, have shown substantial return potential. This article lists the top 5 cheap cryptocurrencies to buy now under a dollar, updating investors with current market insights.
Top 5 Cheap Cryptos to Buy Now Under $1
Despite recent challenges, some large investors, often referred to as “whales,” continue to favor Notcoin’s market trend. This week, several developments within the Klaytn network have shaped trends that could attract investor interest. Additionally, HOT has seen notable price movements, surging above $0.0013 and approaching a potential target of $0.0037.
Meanwhile, TRON (TRX) has recently gained attention, with its native token hitting a 40-month high of nearly $0.17 on August 26. Additionally, Pepe Unchained, an evolution of the original Pepe project, has gained traction in the digital asset market, surpassing $10 million in its ongoing presale. However, amid a wave of long liquidations, the cryptocurrencies have slipped, with Bitcoin briefly drops below $60,000.
1. Notcoin (PAS)
The recent arrest of Pavel Durov has impacted the market, leading to the decline of TON-based projects, including Notcoin. NOT, which initially gained popularity as a viral Telegram game that introduced users to Web3 via a tap-to-earn mining system, has recently faced challenges. Over the past few days, Notcoin has dropped by 20%, approaching all-time lows as investor sentiment flashed bearish signals. This decline was accompanied by a sharp 76% decrease in active trading addresses, indicating that traders are exiting the market to avoid further losses.
Despite these challenges, some large investors, often referred to as “whales,” are taking advantage of the economic downturn. As a result, Notcoin’s net flow among these large holders has increased by 312% over the past week, suggesting that they anticipate a future rebound, even amid the current bearish trend.
Competition No games
We are excited to announce the next competition, as part of the Notcoin strategy.
We invite all rule breakers, game developers and web3 degenerates to join us in creating some really cool games. pic.twitter.com/RdPzQCvXro
— Notcoin Ø (@thenotcoin) August 17, 2024
Additionally, Coincodex’s technical indicators point to an upcoming resurgence, placing Notcoin among the best cheap cryptos to buy now under $1. According to the platform’s price prediction, Notcoin will increase by 220.07%, reaching $0.029289 by September 27, 2024. Other metrics point to a potential price upside, with forecasts suggesting potential highs around $0.063 by the end of the year. While market conditions remain challenging, future demand for Notcoin could increase as the metaverse and NFT trends continue.
2. Klaytn (KLAY)
Following Klaytn’s merger with Finschia, KLAY’s price sentiment has been relatively neutral. However, several developments this week have shaped trends within the network, which could potentially spark investor interest. On August 26, the networks launched updates to their on-chain parameters, including inflation adjustments and reward rates. These changes align with Kaia’s rewards policy as part of the Klaytn-Finschia integration.
Meanwhile, Finschia’s mainnet will receive a final update on August 28 in anticipation of the launch of Kaia’s mainnet. Additionally, the launch of Kaia Portal and Kaia Square on August 29 will introduce key features to the ecosystem.
For example, the Kaia portal will facilitate token swaps, staking, and bridging activities. At the same time, Kaia Square will offer a new staking option, Public Delegation, allowing users to delegate KAIA to validators of their choice. Finally, upon the mainnet launch, exchanges will gradually update the ticker from KLAY to KAIA. However, the exact timeline will vary by platform, so users should monitor their respective exchanges for updates.
29.08.24
It’s official.
Read more below ⬇️ pic.twitter.com/hTtap5tb3v
– Kaia (previously Klaytn & Finschia) (@KaiaChain) August 19, 2024
Market participants seem to have reacted to these trends, with KLAY’s 7-day chart reflecting a 3.85% price increase. Furthermore, experts predict that these events will result in a price increase in the coming months.
3. Holo (HOT)
Holo is a peer-to-peer distributed platform designed to host decentralized applications (DApps) built with Holochain, a framework that operates without relying on blockchain technology. The platform aims to connect the wider Internet with Holochain-based applications, providing an ecosystem where DApps can be accessed and hosted by Holo network participants.
The network is backed by a native token called HoloFuel, which is currently being tested. HoloFuel will serve as an accounting system, compensating hosts for their services within the network. In 2018, an ERC-20 token called HOT (HoloToken) was introduced as a placeholder, promising that it would be redeemable for HoloFuel when the platform launched.
Although Holo is still under development, it was expected to enter open alpha and beta testing phases by 2021. Recently, HOT has shown notable price movements, surging above the $0.0013 mark and soon approaching a potential target of $0.0037. This performance aligns with the broader strength seen in Bitcoin.
Check out the latest launch briefing for key information ahead of this week’s. Stay tuned for more! pic.twitter.com/9oaSjf8wIF
— Holo (@H_O_L_O_) August 27, 2024
Data indicates that HOT has seen a 410% gain in its last rally and over the past year, its price has increased by 51%. HOT has also outperformed half of the top 100 crypto assets over the same period and is trading above its 200-day simple moving average. Furthermore, it has posted positive returns relative to its token sale price and maintains high liquidity based on its market cap. Current predictions suggest that Holo’s price could increase by 33.33%, potentially reaching $0.002376 by September 27, 2024.
4. TRON (TRX)
TRON (TRX) has recently gained attention, with its native token hitting a 40-month high of nearly $0.17 on August 26. This price surge led to positive results for investors, as all were making paper profits at the time.
The launch of numerous coins on SunPump, a platform associated with TRON founder Justin Sun, has further put the project in the spotlight. Sundog (SUNDOG) in particular has reached a market capitalization exceeding $250 million.
.@justinsuntron I just spoke on the #TRON scene at #WebX2024! 🌐
He talked about TRON’s progress, achievements and upcoming projects for the next year. 🎙️ pic.twitter.com/aXwSsQeRBa
— TRON DAO (@trondao) August 28, 2024
TRON, developed by the Tron Foundation and launched in 2017, is a decentralized operating system based on the blockchain. Initially, TRX tokens were ERC-20 tokens on the Ethereum network, but they migrated to the TRON blockchain in 2018. The main goal of the project is to grant creators of digital content full ownership rights, addressing the problem of middlemen taking a large portion of their revenue. The platform encourages consumers to reward creators directly.
5. Pepe Unchained (PEPU)
Pepe Unleasheda recent evolution of the original Pepe project, has attracted attention in the digital asset market, reaching over $10 million in its ongoing presale. Designed as a Layer 2 solution on the Ethereum network, it aims to improve transaction efficiency with faster speeds and lower costs, setting itself apart from traditional Layer 1 systems.
The project aims to strengthen Pepe’s technological foundations, attracting investors interested in innovation and more efficient crypto operations. With a total supply of 8 billion PEPU tokens, the distribution is strategically planned. The pre-sale and marketing each receive 20%, focusing on building early momentum and investor engagement. Meanwhile, 10% is dedicated to liquidity, project funding, and chain operations, ensuring the stability and fluidity of exchanges. Notably, 30% is allocated to staking, emphasizing the commitment to long-term investor participation.
Pepe Unchained will change the course of meme coins forever.
The whole world is beginning to realize this.
$10 million raised.
This is an important step! Get ready for the fireworks! pic.twitter.com/yrmU0WuvhV
— Pepe Unchained (@pepe_unchained) August 22, 2024
The staking option, offering an annual percentage yield (APY) of 183%, is a key feature for those looking for passive income. Pepu The tokens are currently listed at $0.0093477, making them accessible with growth potential. Investors can purchase tokens using ETH, USDT, or BNB, with staking rewards available for both ETH and USDT transactions. Additionally, the inclusion of bank cards as a payment method increases accessibility to a wider audience.
Visit Pepe Unchained Pre-Sale
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