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The market is yet to see any major price movement as the weekend price action extends into the new week. BTC price is holding steady at the $64,000 range. Other cryptocurrencies are heading towards the mid-range, with DeFi assets leading the way.
Amidst the sideways trend, today’s top performing cryptos have seen some nice gains. Therefore, today’s article provides an overview of the price action of 6 Cheap Cryptos to Buy NowPriority is given to each token’s price gains and volume profile over the past 24 hours.
Top 6 Cheap Cryptos to Buy Now
Additionally, the article also covers projects with a high probability of outstanding future performance. It highlights the PlayDoge token and its recently concluded presale. Investors can find the project’s highlights and other details below.
1. Nulls (NULS)
Nuls is one of the fastest growing blockchain infrastructures that provides customizable services to creators in the crypto ecosystem. It provides a modular architecture that allows smart contracts to run on blockchain networks. It also includes ChainBox, giving users the ability to create projects in a shorter time frame and at a lower cost.
Null is one of the best performing cryptocurrencies today, with total gains of over 60% in the last 24 hours. Demand for the token skyrocketed after Binance announced the listing of its NULSUSDT perpetual contract. Investors who hold Nuls in their wallets have a chance to ride the wave to higher profits. Additionally, Nuls is currently experimenting with additional projects to help increase its market cap.
Change is happening now
Oracle projects are important to what we build, so the first project coming out of the Ignition initiative will focus on getting #Oracle services to the NULS ecosystem.
NULS Oracle is currently being implemented and will meet you soon
— NULS (@Nuls) August 25, 2024
Apart from the price increase, Nuls also recorded a higher trading volume today. It recorded an intraday increase of more than 1080%. Obviously, the listing of the contract has given investors more confidence in the token. Thus, the probability of further price increases in the new week is inevitable.
2. JUPITER (JUP)
Jupiter is considered the most advanced swap engine in the industry. Swap aggregation is one of the pillars of DeFi. The nature of its services gives it a crucial role in the industry. According to its CoinMarketCap page, JUP is working on bringing additional products to market.
Some of the projects in its lineup include Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading. With this, we are likely to see an increase in demand for services. Thus, the JUP token would benefit from the increase in activity.
Jupiter Lock — a free, audited, open-source alternative to releasing your project’s tokens over time, now in beta.
Jupiter Lock is free — no fees, allowing any project to release its tokens over time for free.
Any team can also access Jupiter Lock, without any BD calls… pic.twitter.com/TVe9q3d7qM
— Jupiter 🪐 (@JupiterExchange) August 23, 2024
Currently, Jupiter is priced at $0.906403 and its trading volume is around $96,672,395. Today’s performance has helped JUP gain more momentum in its move towards the $1 mark. As the week progresses and investor sentiment improves, JUP has a chance to break above the $1 price range.
3. Zksync (ZK)
Zksync is one of the most anticipated cryptocurrencies this year. However, the token hit the market with below-average performance, costing early investors a significant margin on their stake.
Regardless of the token’s past performance, current trends suggest that ZK has a chance to become one of the best-performing cryptocurrencies in the coming months. Market data shows that ZK has regained over 40% of its lost value and has shown significant strength to sustain the upside.
THE @aave The v3 rollout on ZKsync is almost here. The teams detected a technical issue during final testing and paused the rollout. The issue is now resolved. We will share an update once we have a go-live date.
— ZKsync (∎, ∆) (@zksync) August 25, 2024
The current price action of ZK has allowed it to reach over half a billion dollars in market cap. The increase in performance shows that investors can see more positive gains from the project in the coming days. The increasing usage of ZK is another factor that could contribute to the price increase in the future. Regardless, investors should keep ZK on their watchlist to see how the price evolves over the quarter.
4. PlayDoge (PLAY)
PlayDoge The presale ends today. Investors who were left out throughout the PLAY token presale still have a chance to get on board. According to the post on the project’s official Twitter account, PLAY claim and DEX listings will go live on Thursday the 29th, at 10 AM.
🚨 Important announcement 🚨
The highly anticipated PlayDoge #Presale ends Monday, August 26th at 10am UTC! ⏳
Buy $PLAY in the final phase now! 💰
👉 pic.twitter.com/aWQCHxox0H— PlayDoge (@PlayDogeGame) August 16, 2024
Crypto play-to-earn is not dead. Contrary to what many believe, it holds the key to much-needed utility in the meme coin sector. Recent trends in the cryptocurrency market show that meme projects with proven utility often outlast others that lack it.
That’s why the upcoming PlayDoge crypto token offers its community an exciting gaming experience with the PLAY token. The platform’s free-to-play P2E game features a retro 2D layout. The combination of a great digital crypto economy and a fun community experience gives PlayDoge an edge over competing projects.
The PLAY token has had a successful presale offering, with a closing price set at $0.00531. Hundreds of investors are already on board, with over $6,193,870.86 raised so far. In addition to the discounted price, investors also have the opportunity to stake their tokens when purchasing through the presale program.
PLAY staking will still be available when the project goes live. The door is always open for more investors to join the vibrant and fun community to enjoy the price gains after listing. Claiming and listing details are available on the project website.
Visit Play Doge Presle.
5. Fantom (FTM)
Fantom is a competitor to platforms like ETH in the smart contract market. The project uses the Acyclic Graph direct framework, which allows it to leverage a unique consensus algorithm.
The project is one of the fastest-growing smart contracts in the DeFi sector and has gained popularity since its inception a few years ago. It uses the FTM token as its native cryptocurrency. The project’s growing influence in the market positions FTM as one of the top cryptocurrencies to watch.
Its price has increased by more than 10% in the last 24 hours, and this is the third increase in the last seven days. A further upward push would likely give the token a value of $0.5. FTM’s market cap is now $1.3 billion.
There is a good chance that the token will break out of this range in the coming week. One of the main factors that could drive the upcoming gain is the increase in activity within the DeFi sector. As the sector experiences further price increases, FTM holders will see their portfolios improve.
However, their investors should be wary of the proposed migration to Sonic (S) coin. The plans are still underway. Typically, tokens perform much better in the weeks following their migration. Therefore, this could further contribute to the FTM token’s bullish outlook.
6. Telos (TLOS)
Telos is outperforming many major cryptocurrencies today after seeing a price increase of over 50%. It is a zero-knowledge proof of technology that provides scalability and data protection to blockchain-based projects. According to its website, it aims to create a network that powers the next decentralized applications.
Telos’ entry into the field of artificial intelligence is likely behind its current price trends. The platform’s official Twitter account hints at the possibility of exploring the use of ZK technology in the field of artificial intelligence. It is specifically targeting the financial market where privacy is essential.
#Telos is now LIVE on @KoinBX. 🤝
— The Telos Foundation (@HelloTelos) August 23, 2024
Other factors influencing Telos’ price gains can be attributed to recent listings and partnerships. Another Twitter post from TLOS reveals a recent listing on the KoinBX exchange. It seems that more listings on the exchange are coming soon. With this, the token’s trading volume, which has increased by over 50% today, would see an additional increase.
Learn more
PlayDoge (PLAY) – The Latest ICO on the BNB Chain
- Virtual Pet Dog 2D
- Play to win Meme Coin Fusion
- Staking and In-Game Token Rewards
- SolidProof Audit – playdoge.io
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