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5 Best Cheap Cryptos to Invest Now Under 1 Dollar October 6 – Starknet, Pepe, Sei, Shiba Inu

5 Best Cheap Cryptos to Invest Now Under 1 Dollar October 6 – Starknet, Pepe, Sei, Shiba Inu

InsidebitcoinInsidebitcoin2024/10/07 03:19
By:Insidebitcoin

Banks across Asia, North America, and Europe are preparing to conduct live transactions using SWIFT transfer digit assets and currencies. These upcoming trials mark a crucial advancement in integrating digital currencies into mainstream finance.

Recently, the Federal Reserve’s decision to cut interest rates sparked a rally in the stock and cryptocurrency markets. In September, U.S. Dividend ETFs experienced significant inflows, drawing in $3.05 billion, as reported by Morningstar. This surge aligns with a 15% increase in Bitcoin’s value and a general rise in the cryptocurrency market. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar. In light of this, 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

The Flockerz project has made headlines by raising over $470,000 in its presale, establishing itself as a significant player in the market. StarkNet is witnessing key advancements, particularly with Hyperlane’s recent integration to enhance network and CairoVM support. 

Meanwhile,  Pepe is trading at $0.0000,101, reflecting a 7.96% increase over the last 24 hours. Meanwhile, Shiba Inu (SHIB) is priced at $0.00001829, rising by 5.06% during the same period. Additionally, SEI is valued at $0.43276, marking a 5.22% increase in the past day. Bitcoin has recovered some of its weekly losses following positive job market data for September

1. Flockerz ($FLOCK)

Flockerz ($FLOCK) introduces a novel concept in the meme coin sector with its vote-to-earn model and decentralized governance system through Flocktopia, a decentralized autonomous organization (DAO). The project quickly raised over $470,000, making it a notable contender in the presale market. Branding itself as “The People’s Meme Coin,” Flockerz offers community-driven governance and attractive staking incentives.

Central to Flockerz’s structure is its vote-to-earn system, which allows all $FLOCK holders, referred to as “The Flock,” to actively participate in the project’s decision-making process through the Flocktopia DAO. As a decentralized governance model, it enables participants to propose, discuss, and vote on important project decisions, promoting a community-led initiative. Voters are rewarded with additional $FLOCK tokens, incentivizing active engagement and alignment with the project’s objectives.

Out of the 12 billion $FLOCK tokens, 25% has been allocated for staking rewards. Flockerz offers a high-yield staking model with an APY of 4040%. This structure encourages long-term token holding by reducing the circulating supply, potentially aiding the project’s stability.

Additionally, 20% of the total supply, or 2.4 billion $FLOCK tokens , is reserved for the ongoing presale. The current presale price is $0.0057012 per token, with a slight increase expected once the next tier is reached. This presale offers early investors access to discounted tokens and potential benefits as the project progresses.

Visit Flockerz Presale

2. Starknet (STRK)

StarkNet is seeing notable developments with Hyperlane’s recent expansion to support the network and the CairoVM. This expansion is made possible through the open-source contributions of PragmaOracle and NethermindEth, highlighting the growing collaborative efforts within the ecosystem.

Meanwhile, StarkNet is partnering with Web3Ladies and StarkNet Africa to launch Cairo Bootcamp III in the educational space. This initiative allows participants to learn Cairo, a programming language shaping the StarkNet ecosystem’s future.

On the financial front, StarkNet’s price is currently $0.395435, marking a 3.32% increase over the past 24 hours. In addition, over the last 30 days, the network experienced 17 green days, meaning 57% of the time, its daily closing price was higher than its opening price. The asset also benefits from high liquidity relative to its market cap.

StarkNet’s price predictions for the coming week suggest potential growth. The projected price range lies between $0.385719 and $0.528135, with an expected increase of 36.92% if the upper target is reached by October 14, 2024. Furthermore, longer-term forecasts for 2024 estimate StarkNet could trade between $0.385719 and $1.819716, with a potential rise of 360.18% if it reaches the upper price range. In conclusion, these factors indicate that StarkNet is progressing on multiple fronts, with ongoing technical enhancements, educational initiatives, and positive market activity.

3. Pepe (PEPE)

Pepe is trading at $0.0000101, reflecting a 7.96% increase over the past 24 hours. Furthermore, this cryptocurrency has seen a substantial rise of 1,328% over the last year, positioning it ahead of 96% of the top 100 cryptocurrencies, including major players like Bitcoin and Ethereum.

Pepe is trading above its 200-day simple moving average (SMA) by 825.91%, with the SMA level at $0.000001101. In addition, over the past month, it has experienced 18 days of positive price movement, which accounts for 60% of the days. This trend indicates a growing interest and liquidity in the market, contributing to a more favorable environment for investors.

Moreover, the general market sentiment surrounding Pepe remains bullish, as evidenced by 22 technical analysis indicators that suggest positive momentum. This overall optimism further contributes to a favorable outlook for the cryptocurrency.

4. Shiba Inu (SHIB)

The Shiba Inu (SHIB) price stands at $0.00001829. Over the past 24 hours, the price has experienced an increase of 5.06%. In addition, during the last year, Shiba Inu has shown remarkable growth, with a rise of 153%. Notably, it has outperformed 71% of the top 100 cryptocurrencies during this period and leading assets like Bitcoin and Ethereum.

SHIB is trading above its 200-day simple moving average, indicating a favorable long-term trend. Moreover, within the last 30 days, there have been 17 days marked by price increases, accounting for 57% of that period. Furthermore, the asset shows high liquidity based on its market capitalization and is available for trading on Binance. In addition, the yearly inflation rate for Shiba Inu is negative at -0.01%.

According to data from today, the overall sentiment regarding Shiba Inu’s price prediction is bullish. Specifically, 28 technical analysis indicators are signaling positive trends for the cryptocurrency.

Meanwhile, the price prediction for Shiba Inu next week is expected to range from $0.00001829 at its lowest to $0.00002922 at its highest. Achieving the upper target would represent an increase of approximately 59.72%, reaching $0.00002922 by October 14, 2024.

5. Sei (SEI)

The price of SEI is $0.43276, having experienced a 5.22% increase in the past 24 hours. Over the last year, SEI has shown impressive growth, rising by 271%. This performance has positioned it ahead of 85% of the top 100 cryptocurrencies, surpassing Bitcoin and Ethereum.

In the past month, SEI has had 16 days of positive movement, indicating that 53% of the time, the price has been on an upward trajectory. Technical analysis currently suggests a bullish sentiment, with 22 indicators signaling positive trends in the market. The higher time frame (HTF) chart analysis supports this optimistic outlook.

The price has recently reached a stable level around the $0.40 mark, considered an ideal entry point. Analysts suggest $0.30 could be a strong accumulation zone if the price drops.

The price prediction for SEI next week ranges from $0.434287 to $0.596638. If the asset reaches its upper target, it could signify a potential increase of approximately 37.38%.

For 2024, SEI is expected to trade between $0.434287 and $2.07. Should it hit the upper target, this could represent a remarkable increase of 378.18%. In summary, SEI is in a promising position, backed by positive technical indicators and a favorable market sentiment. Investors may consider current price levels for potential opportunities.

Learn More

  • Best Affordable Tokens in 2024
  • Our Previous Best Cheap Cryptocurrencies to Buy Under 1 Dollar Post  
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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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