Investing in digital assets can be affordable, as several promising tokens are available for purchase at fractions of a cent. There are many cheap tokens to choose from, giving you an affordable entry point into the market. Let’s explore some cheap crypto tokens that are priced under 1 cent that you can add to your portfolios.
Algorand (ALGO)
Algorand has propelled itself in the crypto market by digitizing plane tickets with blockchain, forming various collaborations in India, and strategically leveraging technology. Current market predictions suggest a potential 2024 price range of $0.197 to $0.342 for Algorand (ALGO).
Sui (SUI)
Sui blockchain is set for the launch of Solend, a top lending protocol based initially on Solana, indicating a surging Total Value Locked (TVL) since 2021. The Sui team emphasizes on fortified security collaborated with top blockchain security firms like Zellic and Ottersec. It has a bullish sentiment in anticipation of trading above the 200-day simple moving average.
Blur (BLUR)
The NFT marketplace Blur (BLUR) is gaining traction, with its NFT sales surpassing those of OpenSea, and this reflects a bullish sentiment. Technical indicators imply positive trends for Blur, and analysts are speculating a positive trajectory with a potential to surpass $2.96 by 2024.
Hedera (HBAR)
Hedera has recently integrated WalletConnect into its network, causing a surge in value and maintains a positive technical trend. It ranks 33rd in the Layer 1 sector, and market analysts foresee a potential rise to $0.0998 for the Hedera coin by January 2024.
Beam (BEAM)
The partnership between Beam and Ghost Ivy Development Studio, creators of Haven’s Compass and the partnership with Seedify, is expected to result in improved gaming experiences. Its performance has shown positive trends, with 17 “green days” in the last 30 days. The total circulating supply of BEAM tokens is 48.04 billion out of a maximum of 62.75 billion.
Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix introduces a unique staking model, and the project is offering BTCMTX tokens on presale. The staking pool has yielded significant attention, attracting over 400,000 BTCMTX tokens currently staked. The total presale has raised over $7,207,741, and interested investors can acquire these tokens using either ETH or USDT.
Hot Take
Affordable crypto tokens priced under 1 cent can offer an excellent opportunity for new investors to enter the digital asset market without requiring a significant investment. These cheap cryptos exhibit significant growth potential which is attracting more investors, sparking anticipation for their mainstream adoption, and presenting a favorable outlook for the future.
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