6 Best Cheap Cryptos to Buy Now Under $1 on October 7 – The Graph, Brett (Based), Fantom, Core

The cryptocurrency bull market is gaining momentum as various altcoins are showing early signs of bullish activity. According to data from TradingView, the total market cap of altcoins is hitting higher lows and is potentially ready for an upside breakout.

After a sharp decline in early August, the altcoin’s market capitalization recorded three consecutive lows, indicating the formation of an upward trendline. This trend reflects a growing bullish sentiment within the altcoin space. The most recent rebound occurred on October 3, when the altcoin’s market cap rebounded from a support level of $844.5 billion, reaching around $908.04 billion at the time of writing of this report. In light of this, investors are looking for affordable tokens, especially the best cheap crypto to buy now under 1 dollar.

6 Best Cheap Cryptocurrencies to Buy Now for Under $1

Neiro (NEIRO) is currently priced at $0.001579, reflecting a 36.59% rise in the last 24 hours. The Graph Network launched a notable update with the Timeline Aggregation Protocol (TAP). Separately, Flockerz ($FLOCK) recently made its debut in the cryptocurrency market, raising around $500,000 just days after launching its pre-sale campaign. In addition, Bitcoin mitigated its weekly losses following better-than-expected employment data for September.

1. First Neiro on Ethereum (NEIRO)

Neiro (NEIRO) currently stands at $0.001579, reflecting a 36.59% increase in the last 24 hours. The cryptocurrency is trading near its all-time high and has shown significant liquidity relative to its market capitalization. As of October 7, 2024, market sentiment remains bullish, with 15 technical indicators signaling an upward trend and only one indicating bearish sentiment.

Neiro price is expected to fluctuate in a range of $0.001436 to $0.002116 over the next week. Projections suggest that the value could increase by up to 47.37%, potentially reaching $0.002116 by October 14, 2024, should it reach the upper target. Daily forecasts indicate gradual price increases, with forecast values ​​for October 8-13, 2024 ranging from $0.001436 to $0.00199.

Overall, the short-term outlook for Neiro remains positive, with steady gains expected in the coming days. However, market conditions could cause variations in actual price developments.

2. The chart (GRT)

The Graph Network introduced a significant upgrade with the release of the Timeline Aggregation Protocol (TAP). This update aims to improve scalability and decentralization, particularly in how payments are processed for indexers.

One of the key improvements offered by TAP is trust-minimizing payments, which reduce the need for trust between gateways and indexers, thereby promoting a more decentralized network. Additionally, the new protocol simplifies payment management by allowing indexers to directly manage payment receipts, streamlining the entire process.

🌐 ICYMI: The Graph Network just got another major upgrade with the release of TAP (Timeline Aggregation Protocol)!

TAP transforms payments for indexers, driving greater scalability and decentralization by:

✅ Trust-minimizing payments: TAP reduces the reliance on trust between… pic.twitter.com/ySAOlp6cRw

– The graph (@graphprotocol) October 4, 2024

Currently, The Graph (GRT) is priced at $0.17346, reflecting an increase of 4.73% over the past 24 hours. Market sentiment for GRT remains optimistic, with 21 technical indicators pointing to further gains. Projections suggest that GRT could trade between $0.174706 and $0.261602 this week. If it reaches the upper end of this range, the price could increase by 49.74% by October 14, 2024.

3. Brett (Based) (BRETT)

Brett’s price stands at $0.090802, reflecting a 7.80% increase over the past 24 hours. Notably, the asset has recorded 16 green days over the last 30 days, meaning its daily closing price has exceeded its daily opening price 53% of those days.

In terms of liquidity, Brett remains well positioned relative to its market capitalization, offering favorable trading conditions. Sentiment surrounding Brett’s price prediction appears bullish, with 16 technical indicators signaling positive momentum, while five suggest a potential slowdown.

The Brett AI bot is officially live, developed by @alphakek_ai 💙

Start generating any Brett images you want using the “/image brett” command in our telegram group here: pic.twitter.com/Q372GUZTGY

– Brett (@BasedBrett) October 4, 2024

While Brett has seen price volatility of around 9.71% over the past 30 days, analysts suggest that this could be a suitable time for potential buyers. However, investors should remain cautious and monitor future market developments.

4. Ghost (FTM)

Fantom, a layer 1 blockchain known for its scalability, has seen a notable growth of 62.52% over the last 30 days. The network, known for its high-speed transactions and low fees, continues to attract attention in the DeFi space. With a current Relative Strength Index (RSI) of 63, some investors may see this as a promising opportunity.

Recent analysis of Fantom’s moving averages indicates a “strong buy” signal on the daily, weekly and monthly charts. However, oscillators remain neutral, suggesting balanced market sentiment. Over the past 24 hours, large transactions have increased by 980%, signaling potential accumulation from large investors. This increase in whale activity could reflect growing confidence among institutional actors.

Additionally, the Sonic update will offer developers significant incentives, including a refund of up to 90% of gas fees on user transactions. Fantom is also expected to introduce a native stablecoin, a secure Ethereum gateway, and an airdrop of 200 million tokens.

With the update coinciding with a new season scheduled for late 2024, market sentiment remains positive about Fantom’s future potential. Overall, these developments position Fantom as an interesting project to watch, with many awaiting the Sonic update’s impact on the network’s ecosystem.

5. Core (core)

Core has seen significant growth, becoming the leading Bitcoin sidechain with over $350 million in total value locked (TVL). The platform now has over 22 million unique addresses and approximately 55% of Bitcoin’s hashing power is delegated to Core. With over 320,000 transactions daily, Core’s blockchain business continues to grow.

Since February 2024, Core has seen impressive growth, exceeding 11,000%. It currently dominates Bitcoin-powered blockchains in terms of on-chain transactions. Core is trading at $0.961123, reflecting a 2.76% increase over the past 24 hours.

Core is the number 1 Bitcoin sidechain. 📈

🔸$350 million + TVL
🔸22 million unique addresses
🔸~55% of Bitcoin hashing power delegated to Core
🔸320K+ daily transactions#JustUseCore pic.twitter.com/fbZtcnUspx

– Core DAO 🔶 (@Coredao_Org) October 6, 2024

The token is also trading 36.69% above its 200-day simple moving average (SMA) of $0.703124. Notably, Core DAO has seen 18 green trading days in the last 30 days, accounting for 60% of the month. This upward trend demonstrates growing confidence in Core DAO’s position within the blockchain ecosystem.

6. Flockerz ($FLOCK)

Flockerz ($FLOCK) recently entered the cryptocurrency market with the launch of its pre-sale campaign, quickly raising around $500,000 in just a few days. Marketed as a community coin, Flockerz highlights its innovative Vote-to-Earn (VTE) system, which operates via the decentralized autonomous organization (DAO) Flocktopia. This approach aims to empower the community by decentralizing decision-making power.

Built on the Ethereum blockchain, Flockerz is one of the newer projects to watch in the meme coin sector. The main narrative of the project revolves around restoring community voices and promoting a decentralized ecosystem. It features a fanciful story involving Big Bird, a ruler of the FLOCK kingdom whose reign ended in chaos, leading to the kingdom’s fall.

Regarding token distribution, Flockerz has allocated 20% of its total supply to presale buyers. This strategy is designed to provide early investors with the opportunity to capitalize on potential future gains. The remaining 80% of tokens are reserved for the DAO vault, marketing efforts, staking rewards, and listings on centralized exchanges.

Isn’t it beautiful? The Flockerz community is growing every day!

TG opens soon! pic.twitter.com/l6XU4BhZoD

– Flockerz (@FlockerzToken) October 4, 2024

Meanwhile, the project has reserved 25% of the total supply, or 3 billion tokens, specifically for staking rewards. This initiative offers a competitive annual percentage yield (APY) of 4,040%, which could attract more investors.

Another remarkable aspect is the unique narrative crafted by Flockerz. The success of meme pieces often depends on their compelling stories, and Flockerz offers an intriguing story that emphasizes community engagement and empowerment. Overall, Flockerz presents a new approach in the coin industry, making it a project to watch in the coming months.

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