5 Best Cheap Crypto to Buy Now Under 1 Dollar September 9 – Ondo, The Graph, Pyth Network, Cronos
Terra Luna Classic’s (LUNC) analysis suggests an attractive risk-reward ratio, appealing to crypto investors who want to take advantage of a possible price increase. LUNC is trading near its all-time low, signaling a higher potential for gains rather than further declines.
Meanwhile, crypto analyst Dan Gambardello is optimistic about Bitcoin’s weekly chart, noting a bullish consolidation pattern that could ignite the next market rally. He highlights several upcoming events that could be pivotal in fueling this momentum. Given this scenario, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar, which requires time and effort.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
Ondo Finance has made a strong mark in the expanding Real-World Asset (RWA) sector, particularly through its work with tokenized securities. Meanwhile, $GRT, the native token of The Graph protocol, has attracted significant interest within the DeFi 2.0 landscape due to its innovative blockchain indexing solutions.
Pyth Network has also become a key player in decentralized finance (DeFi), which delivers real-time, accurate market data to blockchain ecosystems. In addition, Pepe Unchained (PEPU) is gaining traction in the crypto world, positioning itself as the next step in the evolution of Pepe-themed projects. Meanwhile, SOL surges 3% as Index rallies .
1. Ondo (ONDO)
Ondo Finance has established a solid presence in the rapidly growing Real-World Asset (RWA) market, particularly with tokenized securities. Since its launch, the company has gained notable market share by offering structured products like debt securities and bonds on the blockchain. Ondo’s focus on global expansion, especially in the Asia-Pacific region, reflects its ambition to capture a significant portion of the asset tokenization market, projected to reach $16 trillion by the decade’s end.
RWA coins have gained attention in the crypto space as they present unique opportunities amid shifting market dynamics. Ondo (ONDO) is among the coins to watch, trading between $0.54 and $0.69. Despite recent declines—down 11.69% this week and 12.35% over the past month—these drops may offer a potential buying opportunity. Bulls are eyeing the resistance level at $0.79, which, if surpassed, could lead to gains up to $0.95, representing a 36% increase.
With a Relative Strength Index (RSI) of 50.74, the market appears neutral, providing room for movement in either direction. The stochastic reading at 65.37 and a flat MACD suggest that ONDO is at a pivotal point, with potential for shifts in market sentiment. As ONDO approaches these key levels, it remains an asset worth monitoring.
2. The Graph (GRT)
$GRT, the native token of The Graph protocol, has gained notable attention in the DeFi 2.0 space due to its innovative approach to blockchain indexing. The protocol is designed to streamline developers’ data management by efficiently sorting, filtering, and offering real-time insights into blockchain transactions. This eliminates manual sorting, making it a valuable tool for platforms like Aave and Uniswap.
Importantly, $GRT plays a crucial role in ensuring the self-sustainability of The Graph ecosystem. Users utilize the token to cover operational fees within the network, which helps maintain the protocol’s functionality. This mechanism supports the project’s long-term viability and attracts investors.
From a market performance perspective, $GRT is currently priced at $0.138186, reflecting a 3.45% increase over the past 24 hours. Over the last year, its price has surged by 63%, outperforming 54% of the top 100 crypto assets. Moreover, it is trading above its 200-day simple moving average, which suggests a strong market position. In addition, the token has seen 16 positive trading days in the last 30 days, signaling steady liquidity.
3. Pyth Network (PYTH)
Pyth Network has established itself as a notable player in decentralized finance (DeFi) by providing real-time, accurate market data to blockchain platforms. This data supports the seamless operation of smart contracts and other DeFi applications, ensuring they consistently use the most current information.
Promoted to deliver “Smarter Data for Smarter Contracts,” Pyth Network emphasizes reliability and speed. Specifically, the network supplies institutional-grade, low-latency data for creating high-quality Oracle feeds. These feeds are critical in ensuring smart contracts function accurately and efficiently, addressing the growing need for timely and precise data in an increasingly competitive market.
One of Pyth Network’s key features is its decentralized oracle system, which directly delivers data from financial institutions and exchanges. Moreover, the network updates this information every 300-400 milliseconds, providing a significant advantage in a space where even brief delays can have financial consequences.
Pyth Network’s token price is $0.269963, up 3.93% over the past 24 hours. Meanwhile, predictions suggest the price could rise by 226.41%, reaching $0.85951 by October 2024. While this forecast highlights the platform’s potential growth in the DeFi space, market conditions and other variables could still influence the outcome.
4. Cronos (CRO)
Cronos zkEVM has launched its “alpha” mainnet, marking a significant step in Ethereum scaling and the broader ZK chain ecosystem. This launch introduces advanced DeFi applications to a wider audience and positions Cronos zkEVM alongside other Layer-2 ZK solutions like ZKsync.
Meanwhile, the network has integrated Band Protocol’s BandVRF to enhance yield farming. This feature, often underappreciated, is crucial for crypto gaming and adds an extra layer of reliability.
Additionally, Cronos has partnered with txSync, a collaboration that is expected to bring major innovations to the ZK chain ecosystem. Through the txSync bridge, users can transfer funds seamlessly between Ethereum and Cronos zkEVM, improving interoperability within these networks.
Amid the current market dip, Cronos (CRO) has registered impressive price trends worthy of consideration. CRO trades at $0.079114 following a 1.36% intraday uptick. While the recent rally is modest, the token has grown significantly by 52% year-to-date (YTD). This performance betters 51% of the top 100 crypto assets and solidifies its market performance.
Moreover, experts predict CRO will chart a steady course over the next months. For 2024, Cronos could trade between $0.060232 and $0.083141, with the upper limit representing a potential rise of 4.78%. The token’s current growth trajectory is supported by its expanding role in the crypto ecosystem, particularly through decentralized finance (DeFi) applications.
5. Pepe Unchained (PEPU)
Pepe Unchained (PEPU) is gaining attention in the crypto market, positioning itself as an evolution of the original Pepe-themed projects. The key differentiator for this token lies in its infrastructure: it is the first Pepe token with a blockchain. This innovation addresses some of the limitations of traditional Layer 1 blockchains, signaling a step towards enhanced efficiency within the cryptocurrency space.
The presale has shown promising results. Tokens are priced at $0.0096126 each, making them accessible to many investors. So far, over $12.5 million has been raised, indicating substantial interest in the project. With just a day left before the next price increase, investors can still purchase PEPU tokens using ETH, USDT, or BNB, and bank card payment options further simplify the process.
Pepe Unchained’s roadmap suggests a phased strategy post-presale, with value growth anticipated as the project hits key milestones. The structured approach blends technological advancements with careful planning to attract diverse investors, particularly those engaged in the meme coin market. A staking option with a 163% APY is also available, incentivizing users interested in passive income.
The total supply of PEPU tokens is capped at 8 billion, with 20% allocated to the presale and another 20% set aside for marketing efforts. This distribution fosters sustainable growth, building early momentum and broadening the investor base. Overall, Pepe Unchained aims to establish itself as a notable player in the evolving meme coin landscape.
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- Best Low Cost Tokens in 2024
- Our Previous Best Cheap Crypto to Buy Now Under 1 Dollar Post
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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