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Amanda Tuminelli, Chief Legal Officer at DeFi Educational Fund, expressed optimism about the growing positive sentiment towards cryptocurrencies. Speaking on the Thinking Crypto podcast, she discussed the recent Congressional hearing on DeFi in the United States, noting that more people are starting to view the technology favorably.
Meanwhile, altcoins are showing signs of stabilization, forming a lower low pattern, indicating a reduction in selling pressure. With major price floors now in place, altcoins appear to be entering a low-volume, range-bound trading phase. This development could signal the start of a gradual uptrend for the altcoin market. Given these developments, investors are looking for affordable tokens, especially best cheap crypto to buy now under $1which takes time and effort.
Top 5 Cheap Cryptocurrencies to Buy for Under $1
Ondo Finance has seen significant growth, with its tokenized Treasuries now exceeding $2.2 billion. Blast’s partnership with The Graph marks a significant step forward for decentralized data access in the Web3 space. Jupiter DEX has grown through strategic acquisitions, including SolanaFM, a blockchain explorer, and Coinhall, a multi-chain trading platform.
Pepe Unchained ($PEPU) raised $14.2 million in its presale, indicating growing interest in Pepe-themed digital assets. Meanwhile, TxSync’s collaboration with Cronos is progressing with the deployment of custom paymasters on the Cronos zkEVM testnet. Bitcoin posted a 5.5% gain over the past week, supported by a drop in rates, while MicroStrategy Continues to Increase Its Holdings.
1. Ondo (ONDO)
Ondo Finance has seen remarkable growth, with its tokenized treasuries now valued at over $2.2 billion. As a decentralized finance (DeFi) platform, Ondo specializes in offering structured financial products and services. It leverages blockchain technology to streamline treasury management for organizations. Additionally, Ondo simplifies asset management and transfers by converting traditional assets, such as cash and investments, into digital tokens.
Tokenized treasuries have seen considerable expansion, with Ondo Finance recording a significant 100% growth since the beginning of the year. This increase has taken the tokenized asset market size from $770 million to $2.2 billion. Ondo Finance attributes this increase to its benefits, including lower transaction fees and improved asset yields through DeFi services.
Ondo Foundation will transfer 345,842,736 locked investor tokens to a crypto custodian. These tokens remain subject to global lock-up. The ownership of these tokens remains unchanged.
— Ondo Foundation (@OndoFoundation) September 16, 2024
Ondo Finance is trading at $0.68553, reflecting an intraday increase of 6.03%. Meanwhile, technical indicators are currently suggesting a neutral market outlook. However, forecasts predict that ONDO could trade between $0.674927 and $0.710814 in the coming days. Experts also predict a potential increase of 5.32%, taking the price to $0.710814 by September 22, 2024.
2. The graph (GRT)
Blast’s integration with The Graph is a major milestone for decentralized data access in Web3. Blast developers now benefit from The Graph’s decentralized network of indexers, allowing them to quickly and reliably access blockchain data. This is a promising solution for developers who need efficient data indexing.
The Graph also saw its subgraphs grow to over 9,000, a 361% increase since the beginning of 2024. This growth reflects the growing demand for decentralized data solutions. The Graph introduced updates to streamline the development of decentralized applications on Solana, further supporting developers. These upgrades allow Solana developers to index blockchain data faster without writing Rust code. This speeds up development and reduces costs, helping Solana’s growing Web3 ecosystem.
Blast 🤝 The graph
Indexing Rewards Enabled! @blast has successfully completed the channel integration process!
Blast developers can now benefit from fast, reliable decentralized data powered by The Graph’s global network of indexers.
Tag your favorite Blast dapp 🔽 pic.twitter.com/biN4uDdbRL
— The Graph (@graphprotocol) September 20, 2024
Meanwhile, GRT is trading at $0.162822, up 5% in the past 24 hours. Over the past year, it has surged 85%, outperforming 58% of the top 100 cryptocurrencies. The Graph is trading 37.97% above its 200-day simple moving average of $0.117455. With 15 green trading days in the past month, GRT is showing strong liquidity and market presence.
3. Jupiter (JUP)
Jupiter DEX has recently made strategic acquisitions, including SolanaFM, a blockchain explorer, and Coinhall, a multi-chain trading terminal. These transactions will enhance Jupiter’s data infrastructure and improve its decentralized exchange (DEX) services on Solana. Jupiter, which is already a leading platform on the Solana network with over $313 billion in trading volume, sees this expansion as a critical step toward expanding its DEX capabilities.
SolanaFM, known for its user-friendly blockchain explorer and data indexing tools, is expected to complement Jupiter’s broader plans. At the same time, Coinhall’s multi-chain functionality will likely further strengthen Jupiter’s overall service offering. In addition to these acquisitions, Jupiter launched Jupiter Mobile, eliminating platform fees. It also supports payments via Apple Pay, Google Pay, and credit cards, making the platform more accessible.
Solana is the best channel for building cool products and onboarding users.
Today’s upgrades represent our efforts to make Solana a better chain for developers, users, traders, memecoin creators, or community members.
Read on for a summary of our 5 key updates, coming live over the coming weeks. pic.twitter.com/Q30hV28pqd
— Jupiter 🪐 (@JupiterExchange) September 20, 2024
Currently, Jupiter’s price stands at $0.834501, reflecting a 3.06% increase in the last 24 hours. It is worth noting that the token is trading well above its 200-day simple moving average. This is supported by a bullish market trend, with 17 technical indicators suggesting positive momentum. Additionally, Jupiter has displayed strong liquidity, indicating steady market growth.
4. Pepe Unchained ($PEPU)
Pepe Unleashed ($PEPU) raised $14.2 million in its presale, reflecting the growing interest in Pepe-themed cryptocurrencies. From $13.8 million on Thursday, the project raised an additional $400,000 in 24 hours. The increase is likely due to renewed optimism in the crypto market after the Federal Reserve’s unexpected 50 basis point rate cut, which has been supporting digital asset prices since Wednesday.
Pepe Unchained, which operates its blockchain, has also introduced developer grants to incentivize the building of its layer-2 ecosystem. This move has attracted more attention from investors and raised concerns for Pepe ($PEPE), its predecessor. The $PEPU token is currently priced at $0.00982 in the presale. However, the price will increase to $0.00983 in the next presale round, which is expected to begin in less than a day.
Pepe Unchained’s roadmap outlines a strategy of gradual growth after the presale, with the potential for value appreciation as it reaches key milestones. The project combines technological development with careful planning to attract many investors, especially those interested in meme coins. It also offers a staking option with an annual percentage yield (APY) of 146%, incentivizing holders looking for passive income.
14M
Let’s ride the L2 wave! A big thank you to the community for their continued support! We’re growing so fast! pic.twitter.com/EjlPQLZxjm
— Pepe Unchained (@pepe_unchained) September 20, 2024
The total supply of $PEPU is capped at 8 billion tokens, with 20% allocated to the presale and an additional 20% to marketing efforts. This distribution is intended to create sustainable growth and build early momentum. Overall, Pepe Unleashed is looking to carve out a niche for itself in the growing meme coin market.
Visit Pepe Unchained Pre-Sale
5. Cronos (CRO)
TxSync’s recent collaboration with Cronos is progressing with the launch of custom paymasters on the Cronos zkEVM testnet. This integration brings TxSync’s paymaster-as-a-service, Tsuko, into the Cronos ecosystem, potentially improving the flexibility and accessibility of paymasters on ZK chains.
As of September 21, 2024, the price of Cronos (CRO) is $0.084944, which reflects a gain of 0.80% over the last 24 hours and 70% over the past year. The cryptocurrency has outperformed more than half of the top 100 crypto assets during this time,
Exciting partnership announced by two heavyweights of the Cronos ecosystem: @Misteryoncro Holders can access special benefits in the game Loaded Lions: Mane City! 🕹️
— Cronos (@cronos_chain) September 16, 2024
Additionally, it has had 15 positive trading days out of the last 30. Despite the recent gains, market sentiment remains neutral, with mixed technical indicators showing bullish signals.
Learn more
Most Wanted Cryptocurrency Launch – Pepe Unchained
- Level 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Staking Rewards – pepeunchained.com
- Over $10 Million Raised in ICO – Ending Soon
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