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Purchasing cheap tokens helps investors capitalize on events that trigger an upward market trend. With the impending Altcoin season and upcoming Bitcoin halving, lower-priced tokens provide investors with accessible market entry points.
Insidebitcoins regularly curates a list of top affordable cryptocurrencies priced below one dollar to assist investors in decision-making. These tokens demonstrate robust use cases and promising potential, positioning them for potential rallies in the market.
5 Best Cheap Crypto to Buy Now Under 1 Dollar
This article presents a curated list of five digital assets priced below $1. These coins are ideal for investors seeking affordable yet promising market options. Among these is Centrifuge, a standout in the DeFi space. These tokens signify potential game-changers for investors in the bull market.
1. Ondo Finance (ONDO)
Ondo Finance has announced its partnership with Aptos Foundation, which centers around innovation. This move marks a significant stride in merging real-world assets with blockchain technology on the Aptos Network. Equally, this collaboration signifies a pivotal moment in blockchain finance. Specifically, it unites two crucial players in the crypto space with solid collaborations, including ties with BlackRock and Goldman Sachs.
Importantly, the initial phase of this partnership focuses on integrating Ondo’s tokenized US Treasuries product, $USDY, onto the Aptos blockchain. Hence, this paves the way for a series of innovative financial offerings harnessing the unique capabilities of both entities. Currently available on Ethereum, Solana, and Mantle, USDY’s integration onto the Aptos blockchain is set to expand its accessibility and utility.
Beyond this immediate integration, Ondo focuses on solutions to merge on-chain native and real-world asset yields on Aptos. Plans include developing enhanced staking and re-staking mechanisms that optimize the efficiency of tokenized assets and supported platforms.
With the anticipation surrounding this partnership, ONDO has confirmed its support at $0.35 as investors have taken note of the positivity around the token. Moreover, a significant influx of volume indicates strong momentum towards surpassing the $1 mark soon. Today, Ondo Finance’s price is $0.417080, reflecting a 10.89% increase in the past 24 hours. Furthermore, the prevailing sentiment towards Ondo Finance remains bullish.
📣 Ondo Finance takes great pleasure in announcing our strategic partnership with Aptos Foundation, aimed at revolutionizing the integration of real world assets with blockchain technology on @Aptos_Network. 📣
This partnership not only signifies a major step forward in… pic.twitter.com/jH1MbBrOjt
— Ondo Finance (@OndoFinance) February 22, 2024
In line with this, the Fear & Greed Index is on the rise, as a greed score of 76 indicates traders’ confidence in trading the coin. With the trajectory set for Ondo Finance, investors and enthusiasts eagerly await further developments in this transformative collaboration. The partnership seeks to reshape blockchain finance on the Aptos Network.
2. Mantle (MNT)
Mantle has steadily expanded in the market since its debut on the Ethereum Layer 2 Blockchain. Mantle’s move began with the launch of the Wadsley Testnet on January 10, 2023, followed by the Mainnet debut on July 17, 2023. Since then, the ecosystem has experienced significant growth.
During this time, Mantle has facilitated over 57 million transactions across over 2 million wallets. Moreover, it has achieved an all-time high daily transaction volume exceeding $200 million. In addition, it has accumulated a total value locked (TVL) of $670 million.
With these solid fundamentals, Mantle is poised to benefit from the impending upward trend. As such, the air surrounding Mantle’s sentiment is currently bullish. Also, the Greed score indicates an extremely greedy level of 76, with investors actively transacting MNT tokens. In the last 30 days, Mantle has seen 18 green days, representing 60% of the period. Likewise, it trades near its cycle high, boasting high liquidity based on its market capitalization.
Mantle’s journey began with the Wadsley Testnet going live on Jan. 10, 2023, followed by the Mainnet launch on July, 17, 2023. Since then, the ecosystem has flourished.
From there, Mantle has facilitated:
➡️ More than 57M transactions
➡️ Across more than 2M wallets
➡️… pic.twitter.com/7moOgBhzWq— Mantle (@0xMantle) February 23, 2024
Moreover, Mantle’s projects and community rallies further promote its growth. Predictions suggest that if Mantle announces collaborations with other networks, its price could surpass $3.478 by 2024. Meanwhile, a bull could propel the average price to around $3.150 by 2024. However, in the event of a market downturn, the minimum value of the MNT could decline to as low as $2.953 in 2024.
3. Celo (CELO)
Circle’s USD Coin (USDC) has been launched on the Celo blockchain, expanding its reach to over 1,000 projects in 150 nations. Circle Mint’s APIs streamline the process of using USDC on Celo, making it more user-friendly for businesses. As expected, this integration enriches Celo’s offerings in stablecoin applications, such as remittances, savings, lending, and payments.
Celo’s system simplifies accessing cryptocurrency payments and financial services worldwide. Hence, it provides developers and users with more avenues to utilize USDC’s liquidity and fast settlement features. As a result of this partnership, Celo’s price surged by 9.86%, hitting $0.822531. Currently trading 57.07% above the 200-day SMA of $0.524995, Celo has shown consistency. Also, it has had 17/30 days, indicating a bullish trend.
Moreover, Celo boasts high liquidity based on its market cap, making it an attractive option for investors seeking stable investment opportunities within the crypto market. This collaboration strengthens Celo’s position and enhances the usability and accessibility of USDC across blockchain platforms.
4. Centrifuge (CFG)
Centrifuge is making its mark in the DeFi space, attracting attention with features and easy integration with other protocols. This integration ensures uninterrupted user liquidity. Moreover, it strengthens DeFi platforms against potential disruptions by offering diverse collateral options. This growing attention is causing an increased adoption of the CFG token.
Last month, Centrifuge hit a major milestone by financing over $500 million in real-world assets like real estate and trade finance. Now, it’s aiming for the $1 billion mark. Despite recent doubts about Centrifuge’s price, there’s a shift in market sentiment. As such, investors are trading the CFG token actively, pushing its Fear/Greed score to 76. Meanwhile, this boost has increased its value by 8.96% in the last 24 hours to $0.624956.
We’re happy to share that @TheBigWhale_ has named Centrifuge the Best Finance Project! 🥇 🐳https://t.co/1CN5PM73hA
— Centrifuge (@centrifuge) February 22, 2024
On a YTD note, CFG’s price surged by 86%, bettering the output of 71 of the top 100 tokens. Also, it has stayed consistently above its 200-day simple moving average. Therefore, Centrifuge’s innovative features and various use cases make it increase its stake as a major player in DeFi. Despite recent market movements, its strong fundamentals and growing adoption suggest long-term potential. Hence, investors are closely watching Centrifuge as it regains its upward trajectory.
5. Bitcoin Minetrix (BTCMTX)
With the growing acceptance of cloud mining, Bitcoin Minetrix stands out for its simplicity and security. Unlike traditional services that demand high upfront costs, this platform offers easy entry through its presale phase. Hence, this makes mining accessible to everyone, regardless of finances.
A key feature of Bitcoin Minetrix is its focus on safety and transparency. While traditional services require cash deposits, Bitcoin Minetrix operates on a decentralized model. As such, users can own tradable tokens, ensuring their interests are protected.
Moreover, Bitcoin Minetrix prioritizes user freedom and flexibility, allowing for easy withdrawal and selling of mined cryptocurrencies. This is a significant change from traditional setups’ strict contracts and limited refund options. Bitcoin Minetrix keeps things simple; users can buy mining credits using tokens like ETH, BNB, and USDT or stake their BTCMTX tokens to start mining. This removes the complexities associated with traditional contracts.
Only 2 days remaining until the conclusion of Stage 27 for #BitcoinMinetrix!
How do mining hardware advancements impact the landscape of #Bitcoin mining? 💻⛏️ pic.twitter.com/sfM36jAx9K
— Bitcoinminetrix (@bitcoinminetrix) February 23, 2024
Furthermore, Bitcoin Minetrix offers a variable lock-in period based on staking activities, unlike traditional providers that impose fixed timeframes. The presale of BTCMTX has attracted attention, with funds raised reaching $11,318,389 out of $12,178,08, with the APY pegged at 60%. As Bitcoin Minetrix wraps up Stage 27, investors are urged to act before prices rise. Prospective investors can take advantage of this promising opportunity with two days left.
Visit Bitcoin Minetrix Presale
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