Digital currencies offer unique opportunities for investors seeking affordable yet promising assets. Today, several cryptocurrencies valued at less than a dollar offer entry points into the market. Exploring these affordable options reveals 3 potential gems with tremendous growth potential.
3 Cheapest Cryptocurrencies Under $1
The cryptocurrency market has been on an upward trend over the past 24 hours, with major cryptocurrencies all seeing significant gains. The surge in value has prompted investors to buy a variety of tokens.
Flow
Although the Fear and Greed Index shows a greed score of 70, Flow's price prediction is still optimistic. The project has 1.48 billion FLOW tokens in circulation, with a maximum of 1.37 billion. Its annual inflation rate is 42.65%, and 441.92 million FLOW tokens were created last year.
Looking at the market performance, Flow has posted a commendable 14% price increase over the past year. Moreover, it has been trading above its 200-day simple moving average. This upward trend reflects positivity compared to the initial token sale price, with 17 of the past 30 days in the green. These statistics total 57% of the period.
Notably, the token is trading near its cycle highs, indicating strong market activity. In terms of market share, Flow ranks first among NFT tokens and 31st among Layer 1s. In addition, the project has significant liquidity in terms of market capitalization, which means that market interest is strong and trading is active.
WEMIX
Wemade, a well-known game developer in South Korea, is expanding its range of Web3 games. They aim to do this by bringing popular WEMIX PLAY hosted games to LG smart TVs and monitors. The move marks the first time that games from the WEMIX PLAY blockchain gaming platform will run on LG screens. In addition, the company aims to build a large blockchain-based ecosystem in line with its mission.
Regarding the WEMIX token, the sentiment towards its price prediction is currently neutral. The Fear and Greed Index shows a value of 70 (Greed). Notable highlights include a 926% price increase over the last year.
It has outperformed 94% of the top 100 crypto assets during this period. Moreover, the coin is currently trading above its 200-day simple moving average. Moreover, it has observed 16 green days in the past 30 days, which accounts for 53% of the period.
Bunker (Bunker)
Binance, the world’s top cryptocurrency exchange, recently expanded its support for the meme-based cryptocurrency Bonk Inu (BONK) on the Solana network. The expansion involves enabling trading bot services for specific trading pairs BONK/USDT and 1000SATS/USDT starting December 21.
Binance’s decision could lead to a significant increase in BONK’s price after the listing of Bonk Inu on its platform. As a result, BONK’s value has surged by an impressive 300% over the past month. As a result, its market cap has surpassed $1 billion. The highest price BONK has reached since its last low is $0.00002153.
Analyzing its recent performance, Bonk Inu is trading above its 200-day simple moving average. There have been 15 positive market moves in the 30 days. This has resulted in a 50% increase in positive trading days. Also, its market capitalization indicates that it has ample liquidity.
