5 Best Cheap Cryptos to Buy Now Under 1 Dollar December 11 – TRON, JUST, IoTeX, zkSync
The altcoin market recently reached an important milestone, with its total capitalization surpassing $425 billion for the first time since November 2021. At its highest point, the market cap climbed to $451.28 billion, reflecting one of its strongest performances in recent months. Analysts view this development as a critical moment for the altcoin sector, which includes cryptocurrencies outside the top 10. In light of this, investors are searching for affordable tokens, particularly the best cheap cryptos to buy now under 1 dollar.
5 Best Cheap Cryptos to Buy Now Under 1 Dollar
TRON (TRX) recently hit a new all-time high of 0.4407 USDT on December 3, 2024. Meanwhile, JUST (JST) has shown notable activity, with its price currently at 0.04235 and a market capitalization of 419.23 million. IoTeX (IOTX) is trading at 0.046268, reflecting a slight decline of 0.51% over the past 24 hours.
zkSync (ZK) experienced a 1.44% increase on the last day, with its price now at 0.2248. Pepe Unchained ($PEPU) launched on Uniswap and gained significant traction, with its price climbing by 44.8%. Conversely, Bitcoin is recovering from its recent all-time highs, trading around 96,000.
1. TRON (TRX)
Tron (TRX), a blockchain network recognized for its payment facilitation role, recently reached a new all-time high of 0.4407 USDT on December 3, 2024. This achievement is significant because its previous peak of 0.3004 USDT, set in January 2018, remained unbroken for nearly seven years.
The recent surge in Tron’s value is largely attributed to developments involving its founder, Justin Sun. Sun purchased 30 million WLFI tokens in November, a project linked to Donald Trump’s family. He also joined the project as an advisor. Around the same time, Sun made headlines for spending 6.2 million on artwork. These high-profile moves generated attention, driving interest in Tron and boosting its price significantly.
As a result, TRX has risen by 47.3% over the past week. The surge propelled Tron into the top 10 largest cryptocurrencies by market capitalization. However, the price has since retraced slightly and is currently trading at 0.3091 USDT.
Tron’s market capitalization currently stands at 23.48 billion, with a 24-hour trading volume of 2.39 billion. The Fear & Greed Index reflects a 74 (Greed) sentiment, indicating positive market conditions. Additionally, the token has experienced 17 green days in the last 30 days, suggesting consistent buyer interest and strong liquidity.
2. JUST (JST)
JUST (JST) has shown significant activity recently, with its price currently at 0.04235 and a market cap of 419.23 million. Over the past month, the price has increased by 38.32%. It is trading 30.04% above its 200-day simple moving average (SMA), currently at 0.032511. This upward trend, combined with 19 green trading days out of the last 30, reflects a growing bullish sentiment toward the token.
Within the ecosystem, JustLend DAO has reported impressive milestones. The platform has achieved a Total Value Locked (TVL) of 8.65 billion and allocated 114.6 million in grant power. It also boasts 468,992 active ecosystem users. Staked TRX (sTRX) holders in the protocol can earn up to 7.15% APY. These metrics highlight the growing utility of the JustLend DAO within the DeFi space.
The current sentiment around JST is bullish, supported by a Fear & Greed Index rating of 74, which indicates greed. The token is considered oversold. This could suggest a potential price increase in the short term. Furthermore, JST is performing positively compared to its initial sale price, which may increase investor confidence
3. IoTeX (IOTX)
IoTeX (IOTX) is priced at 0.046268, reflecting a small decrease of 0.51% over the past 24 hours. Despite this slight decline, the market sentiment for the token remains neutral. The Fear & Greed Index currently stands at 74, indicating a “Greed” sentiment among investors. Over the last year, the price of IOTX has increased by 48%, showing significant growth over time.
The token is trading above its 200-day simple moving average. This trend suggests a generally positive outlook for the long term. Additionally, IoTeX has recorded 17 green days in the past 30 days. This means the daily closing price was higher than the opening price on 57% of those days.
IoTeX has shown resilience over the past year, maintaining consistent growth and strong liquidity. It also trades above key moving averages, reflecting market performance stability. However, short-term price fluctuations may create opportunities for traders, especially those pursuing short-selling strategies. In the longer term, the token’s growth prospects for 2025 seem gradual but promising.
4. zkSync (ZK)
zkSync (ZK) is trading at 0.2248, with a 1.44% increase over the past day. It has a market capitalization of approximately 826.24 million, supported by a 24-hour trading volume of 191.12 million, representing about 23.09% of its market cap. The total and maximum supply of zkSync is 21 billion ZK tokens, with a Fully Diluted Valuation (FDV) of 4.72 billion.
The price sentiment for zkSync appears bullish, and the Fear & Greed Index currently shows a score of 74 (Greed). Over the past 30 days, zkSync recorded 21 green days. This means that its daily closing price exceeded its opening price 70% of the time. The token has also shown a price volatility of 21.19%, reflecting significant trading activity.
By December 2024, zkSync is expected to trade between 0.104752 and 0.226327, with an average estimated price of 0.157073. According to these projections, this could mean a potential price decline of approximately 30.30% compared to current levels. If this forecast is accurate, short sellers could see a return on investment (ROI) of 53.52%.
zkSync is considered highly liquid when compared to its market cap. This makes it more accessible to both retail and institutional investors. Its strong 24-hour trading volume also supports this view, indicating a high level of market interest.
5. Pepe Unchained ($PEPU)
Pepe Unchained ($PEPU) debuted on Uniswap, quickly attracting attention with a 44.8% price increase. This surge pushed its market capitalization to $161 million within hours. $PEPU currently trades at 0.02024, recovering after a broader dip in the cryptocurrency market.
The coin’s Layer 2 blockchain technology is designed to provide faster transactions and lower fees than traditional blockchains. This feature, along with the upcoming launch of the “Pepe Pump Pad,” aims to establish Pepe Unchained as a platform for creating meme coins. Users can mint coins on the Ethereum blockchain without facing high costs or delays.
Launched at 2 p.m. UTC, $ PEPU’s trading volume quickly reached 5 million, and the liquidity for its trading pair stood at 3.8 million, locked for 11 months. While some presale investors took profits, the price remained resilient. It found support above the initial presale price of 0.0097 and soon rebounded to higher levels after the listing.
The project’s successful presale, which raised 74 million, has provided it with a solid financial foundation. As one of the largest meme coin ICOs of 2024, it is now well-positioned to secure listings on major centralized exchanges (CEXs). In addition, ongoing advertisements, including Times Square billboards, have helped increase visibility and interest. Overall, the early performance of $PEPU shows strong demand and investor confidence.
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- 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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