5 Cheapest Cryptocurrencies to Buy Right Now for Less Than $1
1. Pyth Network (PYTH)
Pyth Network provides an innovative Oracle solution that provides accurate price data by aggregating information from exchanges, market makers, and trading firms. One of its key features is the use of confidence intervals to represent market prices and uncertainties, which enables it to maintain accuracy during periods of high volatility or low liquidity.
By obtaining data directly from core providers, Pyth can ensure the reliability of information and the immediacy of updates. In addition, it has multi-chain compatibility, starting with Solana and Pythnet, and further expanded to other blockchains through Wormhole bridging technology, thus achieving wide access in different blockchain ecosystems.
Currently, PYTH is trading at $0.353252, having gained 1.89% in the past 24 hours. Market sentiment is optimistic about the network's price movement, with the Fear and Greed Index at 73, reflecting a market trend toward greed. Looking back at the past 30 days of trading, PYTH closed higher than its opening price on 16 days, accounting for 53% of trading days.
2. Mantle (MNT)
Mantle (MNT) is currently trading at $0.624985, up 2.87% in the past 24 hours. In the past year, its price has soared by an astonishing 92%. Looking at the market performance over the past 30 days, Mantle has shown an upward trend on 19 trading days, that is, 63% of the time, its daily closing price was higher than the opening price.
This week, Mantle is expected to trade in a price range of $0.623379 to $0.81151. If the price can reach the upper target of $0.81151, it will mean a 30.18% increase in MNT compared to the current price. The upper target is expected to be reached before October 21, 2024.
The forecast shows a price range of $0.81151 to $0.95804 for the next week. If the price reaches the higher target, it could rise by 18.06% to $0.95804 on October 28, 2024.
3. Ripple (XRP)
Well-known crypto payments company MoonPay recently partnered with Ripple to enhance the accessibility of XRP. The collaboration allows users to purchase, store and manage XRP directly in the MoonPay application, simplifying the process for new and existing users.
MoonPay is deepening its integration with the Ripple cryptocurrency, working to further simplify the management process of digital assets. Currently, XRP is trading at $0.547609, with a modest increase of 1.19% in the past 24 hours and a 12% increase in the past year.
In addition, XRP has shown strong activity in the market, with 15 of the past 30 days showing an upward trend. From a market capitalization perspective, XRP has high liquidity, which reflects its broad market participation and the high convenience enjoyed by XRP holders when conducting transactions.
4. TRON (TRX)
As the native digital asset of the TRON blockchain, TRON (TRX) has gained widespread attention for its expertise in facilitating high-speed transactions and supporting decentralized applications (dApps). Its core mission is to provide powerful empowerment for digital content creators. TRX is currently trading between $0.16 and $0.17, with significant price gains over the past six months as expectations for a potential altcoin boom and a broader crypto bull run continue to rise. A growth of 44.41%.
The coin is approaching its nearest resistance at $0.17, with support around $0.15. Technical indicators show a relative strength index (RSI) of 39.44 and a stochastic of 26.93, suggesting a possible uptrend. The 10-day and 100-day simple moving averages remain stable at $0.16, indicating consistent price action. Despite a slightly negative MACD reading of -0.0006374, TRX’s overall performance indicates growth potential in the evolving market.
Sentiment around TRX remains bullish, with the Fear & Greed Index at 73 (Greed). The coin is up 81% over the past year and is trading above its 200-day simple moving average. In the past 30 days, TRX has experienced 17 “green” days, closing above its daily opening price 57% of the time. Additionally, its high liquidity (backed by its market cap and trading availability on Binance) reinforces its strong market position.
5. Stellar (XLM)
Mastercard has partnered with the Stellar Development Foundation to integrate the Stellar blockchain with Mastercard’s crypto credential system. The collaboration aims to address challenges in cryptocurrency transfers by simplifying the user experience.
The cryptographic credential system will allow users in the Stellar ecosystem to complete crypto transactions using only the recipient’s email address. The system works behind the scenes to link the identities of the sender and receiver, ensuring that transactions are executed as expected while adhering to regulatory standards.
Once integrated, the system could enhance remittance services, providing a secure and compliant solution for digital asset wallets such as Coins.ph, Mercado Bitcoin, and Wirex. This collaboration reflects our ongoing efforts to increase the accessibility and reliability of blockchain transactions. As for Stellar, the current price is $0.094302, up 1.09% in the past 24 hours. In the past 30 days, Stellar has closed higher than its opening price 17 days, indicating a possible interest in the market. However, the future impact of this integration remains to be fully realized.
