6 Best Cheap Cryptos to Buy Now Under $1 on October 16 – Pyth Network, Mantle, XRP, TRON

Institutional investors are fueling a record surge in Bitcoin open interest on the Chicago Mercantile Exchange (CME), pushing futures premiums to their highest levels in five months. This indicates strong confidence in the near-term growth potential of Bitcoin.

At the same time, the Open Network (TON) saw a significant increase in popularity throughout 2024. As of October, the number of $TON token holders had increased by 2,400%, reaching over 90 million. This rapid growth has been consistent since January, with a major peak in June, leading the number of holders to exceed 84 million in October. Given these developments, investors are looking for affordable tokens, especially best cheap crypto to buy now under 1 dollarwhich takes time and effort.

6 Best Cheap Cryptos to Buy Now Under $1

Pyth Network provides a cutting-edge Oracle solution that aggregates data from exchanges, market makers, and trading companies to provide accurate pricing information. Mantle (MNT) is priced at $0.624985, showing a rise of 2.87% in the last 24 hours. Meanwhile, MoonPay, a well-known crypto payments company, has partnered with Ripple to improve access to XRP.

TRON (TRX), the native token of the TRON blockchain, is gaining traction due to its focus on fast transactions and support for decentralized applications (dApp). Additionally, Mastercard has partnered with the Stellar Development Foundation to integrate Stellar’s blockchain into its cryptographic credentials system. Pepe Unchained ($PEPU) quickly raised $19.9 million, with analysts predicting further growth potential. Finally, a affiliated with Trump The crypto token has been launched, but its practical use remains uncertain.

1. Python Network (PYTH)

Pyth Network offers an innovative Oracle solution that provides accurate pricing data by aggregating information from exchanges, market makers and trading companies. A key feature is the use of confidence intervals to represent both market prices and uncertainties, allowing it to maintain accuracy during periods of high volatility or low liquidity.

By sourcing data directly from leading providers, Pyth ensures reliable and timely updates. It also supports multi-chain functionality, initially starting on Solana and Pythnet, with expansion to other chains via Wormhole, making it accessible across different blockchain ecosystems.

Volume matters.

Pyth generated 90% or more of the trading volume on 25 chains.

Wherever you build, Pyth will support you. pic.twitter.com/Ewt26PmPjq

– Pyth Network 🔮 (@PythNetwork) October 16, 2024

Today, PYTH price stands at $0.353252, reflecting an increase of 1.89% over the past 24 hours. The network’s price forecast sentiment appears bullish, supported by a score of 73 on the Fear & Greed Index, indicating a market leaning toward greed. Over the past 30 days, PYTH has experienced 16 days where the daily close was higher than the daily open, accounting for 53% of the time.

2. Coat (MNT)

The current price of Mantle (MNT) stands at $0.624985, reflecting an increase of 2.87% over the last 24 hours. Over the past year, the price has increased by 92%. Over the past 30 days, Mantle has experienced 19 green days, meaning the daily close was higher than the daily open 63% of the time.

This week, Mantle is expected to trade between $0.623379 and $0.81151. If it hits the upper target, the price could rise by 30.18%, bringing it to $0.81151 by October 21, 2024.

The forecast suggests a price range of $0.81151 to $0.95804 for the following week. If the price hits the high target, it could rise by 18.06%, reaching $0.95804 by October 28, 2024.

3. XRP (XRP)

MoonPay, a leading crypto payments company, recently partnered with Ripple to improve the accessibility of XRP. This collaboration allows users to purchase, store and manage XRP directly within the MoonPay app, streamlining the process for new and existing users.

By integrating Ripple’s cryptocurrency, MoonPay continues its efforts to simplify the management of digital assets. XRP is priced at $0.547609, reflecting a 1.19% increase over the past 24 hours. Over the past year, the price has increased by 12%.

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Aaron Slettehaugh, senior vice president of product at Ripple, and @MonicaLongSF unveil the latest product roadmap and future direction of Ripple’s offerings at #RippleSwell🌴 pic.twitter.com/hqibD1IDiW

– Ripple (@ripple) October 16, 2024

Additionally, XRP has shown strong market activity, with 15 green days in the last 30 days and high liquidity based on its market capitalization. This data suggests strong market engagement and ease of trading for XRP holders.

4. TRON (TRX)

TRON (TRX), the native cryptocurrency of the TRON blockchain, is attracting attention due to its focus on facilitating fast transactions and supporting decentralized applications (dApps). Its main goal is to empower digital content creators. As anticipation of a potential altcoin season and broader crypto bull run brews, TRX is trading between $0.16 and $0.17, with a notable price increase from 44.41 % over the last six months.

The coin is approaching its closest resistance level at $0.17, with support around $0.15. Technical indicators show the Relative Strength Index (RSI) at 39.44 and the Stochastic at 26.93, suggesting a possible upward trend. The simple moving averages for the 10 and 100 day periods remain stable at $0.16, indicating consistent price behavior. Despite a slightly negative MACD of -0.0006374, TRX’s overall performance indicates growth potential in an evolving market.

#TRONThe more than 265 million total accounts support a record $200 million in monthly fees! 💥

The demand for transactions on #TRON has never been higher. It’s about providing real value and solutions. 🔗

– TRON DAO (@trondao) October 16, 2024

Sentiment around TRX remains bullish, with the Fear & Greed Index at 73 (Greed). The coin is up 81% over the past year and is trading above its 200-day simple moving average. Over the past 30 days, TRX has experienced 17 “green” days, closing above its daily opening price 57% of the time. Additionally, its high liquidity, supported by its market capitalization and commercial availability on Binance, adds to its strong market position.

5. Stellar (XLM)

Mastercard and the Stellar Development Foundation have partnered to integrate Stellar’s blockchain with Mastercard’s Crypto Credential system. This collaboration aims to address the challenges associated with cryptocurrency transfers by simplifying the user experience.

The crypto ID system will allow users in the Stellar ecosystem to carry out crypto transactions using only the recipient’s email address. This system works behind the scenes to link the identities of the sender and recipient, ensuring that transactions are executed as intended while meeting regulatory standards.

Once integrated, this system could improve remittance services, providing secure and compliant solutions for digital asset wallets such as Coins.ph, Mercado Bitcoin, and Wirex. This partnership reflects ongoing efforts to improve the accessibility and reliability of blockchain-based transactions.

Franklin Templeton@FTI_DA) has been at the forefront of institutions harnessing the power of blockchain and tokenization – and they have chosen Stellar.

Excellent conversation with Robert Crossley, Garand and
Rebecca Park in #Meridien2024. pic.twitter.com/lMBWKyb6Rp

– Stellar (@StellarOrg) October 16, 2024

As for Stellar price, it currently stands at $0.094302, with an increase of 1.09% in the last 24 hours. Over the past 30 days, Stellar has had 17 days where the closing price exceeded the opening price, indicating potential market interest. However, the future impact of this integration is not yet fully realized.

6. Pepe Unchained ($PEPU)

Pepe unleashed ($PEPU) attracted attention after quickly raising $19.9 million, with analysts suggesting there could be more room to grow. At $0.0103, its staking protocols offer a solid 111% APY, although this rate is expected to decline as more investors participate. The project’s token distribution is well structured, with 30% allocated to staking rewards and 20% each to pre-sale and marketing, while the rest covers liquidity and operational needs.

The key innovation of Pepe Unchained is the development of “Pepe Chain”, a layer 2 solution to solve Ethereum’s scalability issues. By offering faster and more affordable transactions, $PEPU could attract coin traders frustrated by Ethereum’s high fees and slow transactions.

Additionally, the project launched a grant program, “Pepe Frens with Benefits,” encouraging developers to create apps on the new channel, with grants starting in Q4 2024.

Building. Growth. Reach new people every day.

19 million dollars! Let’s PEPU! 🐸 pic.twitter.com/l95XkoNm3j

– Pepe Unchained (@pepe_unchained) October 12, 2024

Community support for Pepe unleashed is going strong, with over 12,000 followers on Twitter and positive attention from crypto influencers. More than 150 million tokens have been staked, boosting investor confidence. Although specific dates for listing on exchanges remain unclear, the project’s momentum indicates additional growth potential.

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Most Wanted Crypto Launch – Pepe Unchained

• Layer 2 Coin Ecosystem
• Featured in Cointelegraph
• SolidProof and Coinsult audited
• Faceoff Rewards – pepeunchained.com
• Over $10M Raised at ICO – Ending Soon