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The cryptocurrency market has seen a sharp rise over the past two weeks, with Bitcoin leading the rally by climbing to $90,000 and achieving a record performance. Trump’s election victory appears to have influenced the broader crypto market, with several digital assets seeing notable price increases.
These rapid gains pushed the total cryptocurrency market capitalization past $3 trillion, closing in on the record of $3.09 trillion set during the 2021 bull market. Meanwhile, the Crypto Fear and Greed Index , as reported by CoinMarketCap, reached a score of 83, signaling a strong shift towards extreme greed. As expected, this indicates increased optimism among investors during this bullish phase. 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 Cryptocurrencies to Buy Now for Under $1
DEGEN is trading at $0.02418, up 85.95% over the past week. Meanwhile, Holo (HOT) saw an increase of 4.19% over the past 24 hours, with its price now at $0.002159. StarkNet’s native token, STRK, continues to gain momentum as the network improves its functionality. Similarly, Bonk (BONK) is priced at $0.00004743, reflecting a significant growth of 79.07% over the past week.
In the meme coin space, Pepe Unchained (PEPU) attracted considerable attention after raising $35 million in its presale, making it the largest initial coin offering (ICO) for a meme coin. Meanwhile, many investors are closely watching Bitcoin and assess its potential trajectory amid renewed speculation about political changes under Donald Trump.
1. Degen (DEGEN)
DEGEN is trading at 0.02418, up 85.95% over the past week. Market sentiment around DEGEN is bullish, supported by a score of 83 in the Fear & Greed Index. This indicates extreme greed among market participants. Over the last 30 days, the coin recorded 15 green days, meaning the closing price was higher than the opening price for half of the trading days.
Forecasts for November suggest a notable rise in prices. Forecasts estimate that DEGEN could trade between 0.024318 and 0.080791, with an average price of 0.047348.
Technical indicators reinforce the current bullish sentiment, with DEGEN price expected to reach 0.078032 by December 18, 2024. Over the past 30 days, the coin has exhibited a price volatility of 51.41%, reflecting the risks inherent associated with cryptocurrency investments.
2. Holo (HOT)
Holo offers a distributed computing platform that differs from traditional blockchain technology by eliminating the need for global consensus. This innovative approach improves scalability and energy efficiency, making it suitable for building decentralized applications with improved speed and durability.
As of today, Holo (HOT) is priced at $0.002159, reflecting an increase of 4.19% over the past 24 hours. Over the past year, its price has increased by 40%, indicating constant growth. Market sentiment for HOT appears bullish, with the Fear & Greed Index posting a score of 83, signaling “extreme greed.” Additionally, the token is trading 46.15% above its 200-day simple moving average (SMA) of $0.001477, indicating a strong uptrend.
The token has shown consistent performance, with 16 green trading days over the past month, accounting for 53% of the period. Its high liquidity relative to market capitalization further strengthens its position as a viable asset.
3. Starknet (STRK)
StarkNet’s native token, STRK, is growing as the network expands its capabilities. StarkNet, a ZK-Rollup solution designed to scale decentralized applications (dApps), focuses on improving transaction processing speed and reducing fees. The network plans to quadruple transaction throughput and reduce fees by 80%. This could position StarkNet as a strong contender among Layer 2 solutions, particularly with a focus on cost effectiveness.
StarkNet aims to achieve over 1,000 transactions per second (TPS). That would put it alongside competitors like Solana, which processes between 800 and 1,050 TPS, according to Solana Compass data.
“Cairo opens new doors in the decentralized world, fostering innovation and accessibility.”
In this @hackernoon article, @strjd87 explains how @CairoLang leverages zero-knowledge proofs to optimize scalability, reduce costs, and enable next-generation dApps. 💡… pic.twitter.com/o2espHAN9X
– Starknet 🐺🐱 (@Starknet) November 18, 2024
STRK is priced at 0.498986, reflecting a 7.19% increase over the past 24 hours. Market indicators suggest bullish sentiment for the token, as the Fear & Greed Index currently has a score of 83, indicating extreme greed. Over the past month, STRK has shown a positive 15-day trend, half the time.
4. Bonk (BONK)
Bonk (BONK) is priced at 0.00004743, showing an increase of 79.07% over the past week. Its market capitalization is valued at 3.56 billion, representing growth of 6.32%. At the same time, the 24-hour trading volume stood at 1.53 billion, an increase of 48.28%. Investor sentiment around the token is bullish. This is also supported by an Extreme Greed score of 83 on the Fear & Greed Index.
Over the last year, Bonk’s price has jumped 1,257%. It also outperformed 88% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token is trading above its 200-day simple moving average, indicating positive long-term momentum. Additionally, it recorded 15 green days over the last 30 days, showing steady growth in the short term.
BONK DAO BURNmas SUPER yarn
The mission: burn 1,000 billion $BONK by Christmas
The campaign features BONK engravings based on specific engagement criteria.
Here’s how YOU can help The Dog in what will be the largest on-chain community burning event in Solana history👇 pic.twitter.com/tcSY5W3vd9
– GOOD !!! (@bonk_inu) November 15, 2024
For November 2024, analysts predict that Bonk will continue its upward trend. Forecasts suggest its price could reach 0.0001, with an expected range between 0.00005075 and 0.000172. Based on these projections, investors buying at current levels could realize gains of up to 252.30%.
5. Pepe Unchained ($PEPU)
Pepe unleashed (PEPU) gained attention in the crypto world by raising $35 million during its pre-sale phase, making it the largest coin ICO. With just 24 days until the end of the pre-sale, excitement is building as it approaches its launch on the stock exchanges.
The project aims to establish a layer 2 Ethereum blockchain suitable for meme coins. By offering faster transactions and lower fees compared to Ethereum’s mainnet, it seeks to create a user-friendly environment for trading and launching meme coins. Importantly, users can access this ecosystem through their existing Ethereum wallets, making the transition seamless. Additionally, Pepe Unchained hopes to attract a portion of Ethereum’s $58 billion total value locked (TVL), which could provide significant liquidity to the platform.
A key innovation is the “Pepe Pump Pad,” a tool that allows users to launch meme plays without coding skills. This mirrors features found on other platforms, such as Solana’s Pump.fun, which has contributed to the success of several tokens. Additionally, Pepe Unchained’s developer grant program incentivizes blockchain developers to build projects on its network, signaling its commitment to fostering innovation.
Pepe celebrates his 35 million today!
With just under 26 days left on presale, don’t miss your chance to get in on the ground floor! 🐸💚🔥 pic.twitter.com/6eTaUVUZSs
– Pepe Unchained (@pepe_unchained) November 17, 2024
This presale comes at a time of growing optimism in the crypto market, as rising prices of assets like Bitcoin and broader adoption of blockchain technology fuel interest. With predictions of one billion users getting into crypto by 2025, Pepe unleashed could benefit from these trends.
Visit the Pepe Unchained presale
6. Casper (CSPR)
Casper (CSPR) is a blockchain network known for its advanced Proof-of-Stake (PoS) protocol. This protocol prioritizes scalability and energy efficiency, making it suitable for the evolving demands of blockchain. Additionally, the network provides tailored development tools to help businesses transition to Web3. This focus underscores its goal of promoting business adoption.
Currently, CSPR is trading at 0.01795, showing a daily increase of 5.32%. Its market capitalization is 223.70 million, with a fully diluted valuation of 237.89 million. Over the past 24 hours, the token recorded a trading volume of 228.33 million. This represents a high volume-to-market cap ratio of 100.69%, indicating notable market activity.
Price forecasts for November suggest that the upward trend may continue. Analysts believe the price could reach 0.036185, with a trading range between 0.018247 and 0.062234. Based on this forecast, investors buying at current levels could earn returns of around 247.50% by selling at the high end of the range.
Learn more
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
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