Best Cheap Crypto Assets to Invest in Now
For crypto market investors, seeking those tokens under a dollar offer cost-effective options to diversify portfolios. However, discovering the best cheap crypto assets with potential requires time and effort. Hence, this article explores promising digital currencies priced under a dollar. Similarly, it uncovers their growth potential, helping traders make informed decisions.
Beam (BEAM)
Haven’s Compass recently teamed up with Beam, marking a significant stride for both entities. This collaboration aims to redefine the gaming experience and expand the game’s reach globally. Each player collectively invests 50,000 hours and boasts over 5,000 concurrent players during peak times on the Epic Games Store. This partnership boosted BEAM’s price by 8.71% recently. Furthermore, Beam ranks #3160 in the Ethereum (ERC20) Tokens sector and #506 in the Binance Smart Chain sector. Also, it ranks #311 in the Gaming sector and #152 in the Metaverse sector. Moreover, it holds a Fear & Greed Index of 68 (Greed).
Casper (CSPR)
Casper has shown considerable price movements over the past year, reflecting fluctuations in the crypto market. A bullish outlook CSPR’s price forecast mirrors a Fear & Greed Index score of 68, indicating a greedy market sentiment. Looking at price trends, Casper reached a high of $0.064066 since its last cycle low while hitting a low of $0.022738. In terms of performance, Casper’s price has surged by 83% over the last year, and maintains high liquidity based on its market cap.
Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix introduces a novel approach to cloud mining, utilizing tokenization to address prevalent concerns within third-party cloud mining platforms. Attracting notable attention, Bitcoin Minetrix has witnessed a substantial stake of over 400,000 BTCMTX tokens. Furthermore, it raised over $5,638,098 during the presale phase by offering BTCMTX tokens at $0.011 per token.
Sponge V2 ($SPONGE V2)
Sponge V2 has exhibited notable growth since its inception, starting with a value of $1 million. It reached a peak market capitalization exceeding $100 million in 2023. An integral feature of Sponge V2 is the introduction of the Stake-to-Bridge model. This model seeks to facilitate the transition for $SPONGE holders to V2 by encouraging and retaining existing holders through staking mechanisms.
Siacoin (SC)
Sia recently launched renterd v1.0 to overhaul storage solutions with a scalable and user-friendly design. Market sentiment indicates a bullish outlook for Siacoin, aligning with a Fear & Greed Index score of 68 (Greed). Over the past year, Siacoin has surged by 227%. Its promising fundamentals and robust community support hint at substantial growth potential.
1inch Network (1INCH)
1inch Network Token, a prominent player in the DeFi sector, has shown bullish sentiment in price predictions amidst a Greed Index score of 68. Notably, it has experienced a yearly supply inflation rate of 83.77%, creating 514.82 million 1INCH in the past year. Over the past year, the price has exhibited a 16% increase, maintaining trading levels above the 200-day simple moving average.
Hot Take
When exploring cheap crypto assets to invest in, consider more than just the price cost. Look at the asset’s overall potential, infrastructure and the community support behind it. These aspects will give you a clearer sense of the asset’s future growth and enable you to diversify portfolios efficiently.
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