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5 Best Cheap Crypto to Buy Now Under 1 Dollar – Chromia, SKALE, Chiliz

Release: 2024/08/01 20:02 Reading: 621

Original author:InsideBitcoin News

Original source:https://coinmarketcap.com/community/en/articles/66ab7770f636ad3897e5e1a9

5 Best Cheap Crypto to Buy Now Under 1 Dollar – Chromia, SKALE, Chiliz

The Crypto Market: Rebound and Potential Bull Run

The cryptocurrency market is recovering, with most tokens seeing price increases. The fear and greed index of 60 suggests optimism among traders, who anticipate a potential bull run. Within the past 24 hours, the global crypto market cap has risen to $2.8 trillion, although it has since retracted slightly.

Despite a 28.45% decline in total crypto market volume to $63.8 billion, certain cryptocurrencies have caught attention for their exceptional performance. Here are the top cheap cryptocurrencies to consider purchasing under $1.

5 Best Cheap Cryptocurrencies Under $1

Low-priced tokens have outperformed high-cap tokens in price appreciation. SKALE, Pepe Unchained, and PlayDoge have shown significant potential and value.

1. SKALE (SKL)

SKALE is a modular blockchain network that enhances Ethereum's scalability by providing fast, secure, and gas-free blockchains. Its Pacifica V3 upgrade significantly increases performance and supports EIP-1559 transactions. SKALE can now process over 300 transactions per second with block mining times under 2 seconds.

In the last 24 hours, SKL has risen by 1.70% to $0.05082, with a liquidity ratio of 0.1902 and a Greed and Fear Index of 76, indicating "Greed." SKALE has outperformed half of the top 100 crypto assets over the past year, posting 25 green days within the last 30.

2. PlayDoge (PLAY)

PlayDoge, a P2E meme coin, has raised nearly $5.9 million in its presale. Its unique blend of meme culture and gaming draws inspiration from 1990s nostalgia. Players can own virtual Shiba Inus, interact with them, and earn $PLAY tokens. The presale price of $0.00524 offers an opportunity for early investors.

Built on the Binance Smart Chain, PlayDoge features a fully audited smart contract. It aims to target the retro gaming and game remakes markets with its upcoming free app on Google Play and the App Store.

3. Chromia (CHR)

Chromia's relational blockchain provides fast transactions and low fees. Its support for SQL and JavaScript simplifies DApp development. Chromia offers public, private, and hybrid blockchain models, allowing for flexibility and control.

The launch of Chromia's MVP Mainnet introduces provider payments and network hosting fees within its relational blockchain. Chromia is working on blockchain sustainability projects with the EU and aims to revolutionize industries by 2027.

CHR has surged to $0.2148, with a liquidity ratio of 0.2373. It has achieved an annual growth of 99.68%.

4. Pepe Unchained (PEPU)

Pepe Unchained aims to improve meme coin transactions with its layer-2 network and decentralized exchange (DEX). It will offer double staking options with an initial annual yield of 370%.

The presale has raised over $6.5 million, with PEPU tokens priced at $0.0088044. Early investors can secure the best rates through the presale's stage-based pricing model.

5. Chiliz (CHZ)

Chiliz's recent partnership with Azuro promotes sports prediction markets. Its alliance with SBI Holdings indicates a positive outlook.

Despite a slight dip, CHZ has maintained bullish sentiment. It trades above its 200-day moving average, with an RSI moving out of the overbought zone. Chiliz has demonstrated resilience, boasting a post-launch increase of 280.75% to $0.0662.

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