Altcoins
8 Altcoins to Buy Under $1 with 100% Potential
Investors are constantly looking for the next big opportunity in the ever-growing cryptocurrency market. Bitcoin is attempting to rebound from a decline to $61,000, which is significantly below its high of $73,750.07. Although it previously set a price target for Bitcoin at $90,000 in 2024, Bernstein gave the market hope. Ethereum Price is experiencing a slow recovery and encountering obstacles at $3,550. With Bitcoin’s dominance in the news, many smart investors are now focusing on altcoins to ride the wave of the next blockbuster asset. This article will examine a selection of cheap cryptocurrencies to buy under $1 that have demonstrated positive growth potential, specifically highlighting Book of MEME, ONDO, PEPE, FLOKI, Reserve Rights, 0x Protocol, Polymesh and Shiba Inu.
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Book of MEME (BOME)
Market capitalization: $846.8 million
The new meme piece, MEME book is now priced at $0.01582, showing an impressive increase of 1,583.97% over the past month. This increase resulted in a substantial increase in its market value, which is currently valued at $846.8 million. The altcoin has attracted considerable investor interest as its impressive 24-hour trading volume reached $1.7 billion. The token is ranked 107th and has a circulating supply of $55.2 billion BOME.
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Ondo (ONDO)
Market capitalization: $1 billion
Ondo saw a significant rise of 117.22% over the past month, reaching a price of $0.723. The increase in value brought its total market capitalization to $1 billion, positioning it at 100th place. It has a circulating supply of $1.39 billion ONDO, as well as a trading volume of $333.2 million over the last 24 hours. ONDO is becoming increasingly attractive to investors due to its affordable token price and promising growth prospects.
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Pepe Coin (PEPE)
Market capitalization: $3.4 billion
In a month Pepe Coin lessons skyrocketed 599.24% to now sit at $0.000008131. This surge pushed its market capitalization to $3.42 billion with a trading volume of $966.1 billion over the past day. The sudden growth has made PEPE a preferred option for traders looking for opportunities despite the risks involved. It reports a circulating supply of 420.69 trillion PEPE and is ranked 41st.
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FLOKI (FLOKI)
Market capitalization: $2.26 billion
Over the past month, FLOKI has achieved a remarkable increase of 605.32% while being valued at $0.0002364. This increase in value brought its market value to $2.26 billion, positioning it 56th in the market. It has a circulating supply of 9.56T FLOKI, as well as a trading volume of $855.36 million over the last 24 hours. Investors are increasingly interested in FLOKI due to its affordable price and the possibility of high profits.
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Reserve rights (RSR)
Market capitalization: $430.27 million
Reserve rights, which is currently trading at $0.008352, has shown an increase of 207.65% over the past month. This increase in value resulted in a total market capitalization of $430,274,274, along with a trading volume of $288.8 million over the last 24 hours. It occupies the 184th position in the market and has a circulating supply of 100 billion RSR. The token’s remarkable expansion has made it a lucrative investment choice in the cryptocurrency market.
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Protocol 0x (ZRX)
Market capitalization: $785.4 million
0x Protocol price has increased by 160.06% over the past month and is currently at $0.9268. As a result of this growth spurt, the 0x protocol now boasts a market capitalization of $785.4 million, with a trading volume of $579,200,041 in just 24 hours. Ranked 116th, the token has a circulating supply of 1 billion ZRX. What makes the 0x protocol particularly attractive to investors passionate about decentralized finance (DeFi) is its focus on decentralized exchange infrastructure.
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Polymesh (POLYX)
Market capitalization: $349.760 million
Polymesh, currently valued at $0.3933, has seen a notable increase of 126.83% over the past month. This increase resulted in a market capitalization of $349.760 million, accompanied by a 24-hour trading volume of $1 billion. The token has a circulating supply of 1 billion POLYX, occupying the 231st position according to CoinMarketCap. Polymesh, a blockchain platform suitable for regulated assets, offers investors the opportunity to disrupt traditional financial markets.
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Shiba Inu (SHIB)
Market capitalization: $16.58 billion
The current price of Shiba Inu is $0.00002813, reflecting a remarkable increase of 192.55% over the past month. This increase led to a market capitalization of $16.58 billion, coupled with a trading volume of $1.34 billion in 24 hours. Occupying the 11th position, the token has a circulating supply of 589.29 trillion SHIB. Due to its affordable token price and growing market capitalization, SHIB offers an attractive opportunity for investors looking for significant profits in the cryptocurrency sector.
Conclusion
Across the vast cryptocurrency landscape, there are many opportunities for investors who spend time researching and are willing to take calculated risks. Although these cryptocurrencies under $1 have attractive growth potential, it is necessary to conduct in-depth research and carefully consider the associated investment risks.