Join our Telegram channel to stay up to date with the news
Prices remain stable heading into the weekend. However, one category of investors anticipates rather mixed trends, especially as the US election month approaches. The news of CZ’s impending September exit also sheds new light on what investors can expect in the coming months.
Despite the long-term outlook for the market, today’s article explores the The 7 Best Cryptocurrencies to Buy for Under $1It offers a concise analysis of their current price trends and insight into how they might influence their future price action.
Best Cryptos to Buy Under a Dollar
As crypto investors look to protect their portfolios from future uncertainties, upcoming cryptocurrencies and small-cap projects are taking up a prominent place on their watchlists. Today’s article includes a look at some of the most closely watched upcoming cryptocurrencies, including the PlayDoge presale.
1. Simon’s Cat (CAT)
The cryptocurrency market is likely back in meme coin season, given the recent marketing success of SUN-based projects. Meme coins dominate the current list of the most profitable cryptocurrencies. Simmon’s Cat is one of the crypto tokens that enjoy the liquidity benefits of meme coins.
The token is dubbed the memecoin officially endorsed by the Simon’s Cat brand. The brand originates from the animated series and book collection, which features an ever-hungry cat. Therefore, Simon’s Cat meme coins aim to feed hungry cats around the world, and profits are made from the project.
CAT price is up 89% today and its trading volume is up over 70%. More importantly, demand for the token is on the rise as the community anticipates the upcoming airdrop offering. The token has also received an impressive reception in the market and it could see further gains in the coming weeks.
2. Alpaca Finance (ALPACA)
Alpaca Finance is a recently launched project in the DeFi sector. With assets in the category gaining momentum, it’s pretty easy to see why the token is gaining prominence. According to its website, Alpaca Finance is currently one of the largest lending platforms.
The project is based on the Libra Smart Chain. Its goal is to give lenders a chance to earn safe and stable returns. It also allows borrowers to access collateralized loans for leveraged yield positions, meaning users can increase their profits.
Today, ALPACA, the platform’s cryptocurrency, is trading at $0.24, up 18% from its sale price yesterday. A volume of $158,725,002 also accompanies the increase in costs.
The significant increase in trading volume has greatly influenced investors’ perception of the token, leading to a record increase in its market capitalization. In the long run, Alpaca Finance could be one of the DeFi projects that would benefit from the growing interest in the sector.
3. PlayDoge (PLAY)
The crypto gaming sector has not lost its place in the market. The recent dominance of memes has pushed most gaming projects into the shadows. However, a new trend is emerging: meme-based projects are now integrating games into their offerings.
PlayDoge is a new class of meme projects. The project relies on its gaming offerings to ensure the continued growth of the PLAY token. According to PlayDoge’s website, users can now enjoy play-to-earn offerings that prioritize their entertainment experience above all else.
The project is not limited to the ability to participate in the PlayDoge game. It also offers the PLAY token as the project’s native cryptocurrency. It also provides access to the PlayDoge community and many other benefits.
🚨 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
At the time of writing, the community has raised over $6 million in pre-sale funds, and the offering is still open, allowing crypto investors from all over the world to participate in the event. PLAY offer at a fraction of its real price.
More importantly, early investors can also start taking advantage of the opportunity to stay in the market that ensures their token generates returns while waiting for the project’s launch date. Investors have until August 26 to take advantage of this opportunity.
Visit the PlayDoge Presale
4. JasmyCoin (JASMY)
JASMY is the native cryptocurrency of the Tokyo-based crypto project. The company Jasmy focuses on providing network services worldwide. The project is built around the idea of the Internet of Things.
The concept promotes the ability to extract data from everything around us. Currently, the company specializes in meeting B2B big data needs.
At press time, JASMYCoin had a market cap of over $1 billion and a price of $0.0218. Its market price has increased by 15% in the last 24 hours, making it among the biggest gainers in the previous 24 hours. Furthermore, the increase in JASMY’s trading volume reveals that investors are entering the market for the token.
Nevertheless, it is better to consider the token’s recent trends before making a purchase decision. JASMy is gradually emerging from a prolonged decline, which could influence the ongoing price recovery.
5. IO.NET (IO)
The era of artificial intelligence has finally arrived and the cryptocurrency market has not been spared its impact. Over the past few months, many of the best-performing crypto assets have emerged from the sector. IO.Net is one of the biggest winners in the market today after its 20% price increase.
IO.Net does not offer AI services to end users. However, it does provide extensive GPU services to AI-based projects within and outside the blockchain ecosystem. Its GPU network is currently being referred to as the Internet of GPUs. If the AI industry maintains its current growth rate, there will come a time when the demand for GPUs could outstrip the current supply. Fortunately, IO.Net is one of the projects well-positioned to take advantage of this opportunity.
Current market data shows that the price of IO.Net has increased by more than 10% and is likely to continue increasing. Investors interested in the crypto AI sector and projects with real-world use cases can explore the IO token.
6. FLOKI (FLOKI)
The increase in FLOKI’s price is largely influenced by the new Simon’s Cat meme coin airdrop. Access to the 900 billion CAT tokens is tied to holding over 400,000 FLOKI tokens in a user’s Binance account. A recent post on the platform’s official website highlighted this requirement. It further suggests that the value of the stake would be determined by the price at the time users purchase it.
At the time of writing, the FLOKI token is worth $0.0001408. Due to the increasing demand, the token has seen a 10% price increase in the last 24 hours. Additionally, Floki’s trading volume during the same period amounts to 15% of its market cap. Its gain in the recent uptrend brings the total over the last seven days to over 40%.
IMPORTANT UPDATE ON SIMON’S CAT PRESALE
Dear Vikings!
First of all, we want to sincerely apologize for the roller coaster that was the Simon’s Cat pre-sale!
After taking a deep dive into the data on the AGGRESSION that some bad actors tried to play and kick this presale with,… pic.twitter.com/p9Wclkfrix
— FLOKI (@RealFlokiInu) August 22, 2024
Over the next few days, FLOKI may be able to overcome its month-long bearish dominance and start showing an improvement in price action. In the meantime, investors should monitor the company’s price action and trends.
7. Sunpepe (SUNPEPE)
The SUN trend is gaining momentum thanks to the success of recent projects like SunDoge. A more recent Sun-based project is Sunpepe, built around the PEPE brand. Currently, the project has the reputation of being the largest Pepe-themed coin in the new Tron coin ecosystem.
The new meme currency boasts a trading volume of over $686,000 and over $4.2 million. Its growing popularity has given the project its identity as one of the fastest growing meme currencies to watch this season.
As liquidity in the Tron meme environment increases, early investors will likely see a possible increase in the value of their assets. In the meantime, investors should study the fundamentals of the project to understand how the team, vision, and roadmap will evolve over the course of its existence.
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
Join our Telegram channel to stay up to date with the news
