5 Best Cheap Cryptos to Invest Now Under 1 Dollar December 1 – Kaia, ZetaChain, Nervos Network, aelf
Per data, the Bitcoin market is currently experiencing a state of extreme greed. The Bitcoin Fear and Greed Index, which tracks market sentiment and trends, currently stands at 84, emphasizing the heightened positive sentiment among investors. Historically, this metric has been correlated with Bitcoin’s price movements since 2018.
Moreover, this comparison showcased the evolving relationship between Bitcoin’s price trends and investor sentiment. In light of this positive outlook, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.
5 Best Cheap Cryptos to Invest Now Under 1 Dollar
Kaia, formerly Klaytn and Finschia, has announced plans to launch Mini Dapps on the LINE platform. Meanwhile, ZetaChain (ZETA), currently ranked 164th in the cryptocurrency market, is trading at 0.9109, reflecting a 7.13% rise in the past 24 hours. Nervos Network has introduced the Fiber Network, a next-generation Lightning Network designed to support four advanced RGB++ assets.
Pepe Unchained, an upcoming Layer 2 meme coin, continues to generate buzz as it approaches its official launch in two weeks. Elsewhere, aelf (ELF) is trading at 0.584095, showing a slight dip of 0.25% in the last day. On another note, Ether could emerge as a major beneficiary of a potential Trump 2.0 presidency, particularly after seeing diminished investor interest earlier this year.
1. Kaia (KAIA)
Kaia, previously known as Klaytn and Finschia, has announced the upcoming launch of Mini Dapps on LINE. The Kaia blockchain will exclusively power these. The rollout is set to begin with the release of the Dapp Portal SDK in early December 2024. Following this, the official launch of Mini Dapps on LINE is scheduled for the end of January 2025.
Currently, Kaia is priced at 0.2421, reflecting a 20.02% increase over the past day. Its market capitalization has reached 1.42 billion, marking a 20.04% gain. The 24-hour trading volume is 103.78 million, representing a significant rise of 192.35%. The coin’s high liquidity, relative to its market size, adds to its appeal among investors.
Market sentiment around Kaia is notably bullish. The Fear & Greed Index stands at 81, indicating extreme optimism. Over the past 30 days, Kaia has closed positively on 57% of trading days, suggesting consistent upward momentum.
By the end of 2024, Kaia’s price is expected to trade between 0.2255 and 0.7646. The average price is forecasted to be around 0.4454. This projection implies a potential growth of up to 85.32% compared to its current level. If Kaia achieves the upper range of this prediction, investors could see a potential return on investment of 218.15%.
2. ZetaChain (ZETA)
ZetaChain (ZETA) is currently ranked #164 in the cryptocurrency market. It is trading at 0.9109, with a 7.13% increase in the past day. The market cap stands at 524.80 million, reflecting a 19.18% rise. Its 24-hour trading volume is 151.10 million, showing significant activity with a 77.47% increase. The fully diluted valuation (FDV) is 1.91 billion, while the volume-to-market-cap ratio is 28.84%. This suggests the token has strong liquidity. ZETA’s total and maximum supply are capped at 2.10 billion.
The coin has shown a bullish sentiment recently, supported by a Fear & Greed Index score of 81. This score indicates extreme greed. Over the last 30 days, ZETA has had 18 “green days.” This means its daily closing price exceeded its daily opening price on 60% of those days. Additionally, the token is trading close to its cycle high, which further highlights its upward momentum.
By December 2024, ZETA is projected to trade between 0.896 and 3.03, with an average price of 1.767. If this forecast holds, the price could increase by 96.38% compared to current levels. Investors could see a potential return on investment (ROI) of 236.96%, assuming the coin achieves its predicted growth trajectory.
3. Nervos Network (CKB)
The Nervos Network has introduced its Fiber Network, a next-generation Lightning Network designed to support four key RGB++ assets. These include the $CKB native token, a regulatory-compliant stablecoin, $ccBTC (developed in collaboration with MesonFi and Cactus Custody), and $Seal, the flagship RGB++ asset. This launch aims to expand the Bitcoin ecosystem by incorporating a wider range of asset support through the RGB++ protocol.
Fibre Network focuses solely on Bitcoin transactions and introduces broader functionality. Tj=his supports multiple asset types and addresses existing ecosystem limitations. This added flexibility is expected to improve the adoption of Bitcoin-based financial technologies. RGB++ assets are also set to enable decentralized liquidity lending and other advanced financial applications.
Following the mainnet launch, Nervos plans to focus on establishing robust liquidity networks for the four supported assets. This is crucial to ensure the assets are usable within Lightning-based financial systems. Fiber Networks could become a foundation for innovation in Bitcoin-native financial systems by prioritizing liquidity.
Over the past year, the Nervos Network has performed well in the market. Its $CKB token saw a 420% price increase, outperforming 86% of the top 100 crypto assets, including Bitcoin and Ethereum. It trades above the 200-day simple moving average, with bullish market sentiment.
4. Pepe Unchained ($PEPU)
Pepe Unchained is an upcoming Layer 2 meme coin generating significant attention ahead of its two-week launch. The project has already raised over $62 million in its presale, making it the most successful meme coin presale. Investors, including crypto whales, are showing strong interest in its $PEPU token priced at $0.01295, highlighting its growing appeal.
Pepe Unchained is the first Layer 2 meme coin built on its blockchain, called the “Pepe Chain.” This blockchain is designed to enable faster transactions at lower costs than Ethereum-based meme coins. It also introduces a tool called Pepes Pump Pad, allowing users to create their meme coins easily. These features may enhance the $PEPU token’s utility, attracting developers and investors.
The coin offers staking rewards with annual percentage yields (APYs) of 57%, giving early investors opportunities to lock tokens for higher returns. Over 60% of the tokens sold during the presale have been staked. This could reduce the risk of sell-offs post-launch and support long-term sustainability. Demand for $PEPU tokens continues to grow, with more than 1.5 million raised daily. Its large online community, including 66,000 social media followers and 17,200 Telegram members, reflects strong interest.
Visit Pepe Unchained Presale
5. aelf (ELF)
aelf (ELF) is priced at 0.584095, with a slight decline of -0.25% over the past 24 hours. Despite this minor drop, the overall market sentiment for the coin appears bullish. This is further supported by the Fear & Greed Index, which stands at 81 (Extreme Greed), indicating strong market interest.
Over the last year, ELF has experienced a price increase of 13%, showing steady growth. It is trading 37.69% above its 200-day simple moving average (SMA) of 0.424222, highlighting its upward trend. Additionally, ELF has shown consistent momentum in recent weeks. It recorded 20 green days out of the last 30, or 67%, which reflects sustained buying interest. Its high liquidity, relative to its market capitalization, also indicates strong market participation.
By the end of 2024, aelf is expected to trade between 0.467692 and 0.610667, with an average price projection of 0.539179. If this forecast proves accurate, it would represent a potential -7.69% decrease compared to its current price. Short sellers could see a return on investment (ROI) of 19.93%, assuming the price aligns with the average prediction.
Learn More
- Best Affordable Tokens in 2024
- Our Previous Best Cheap Cryptocurrencies to Buy Under 1 Dollar Post
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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