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5 Best Cheap Cryptos to Invest Now Under $1

Linda Hamilton
Release: 2024-09-30 19:34:22
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Ripple is making significant strides in enhancing its blockchain infrastructure and expanding its market presence. The SEI Network has recently announced new ecosystem integrations aimed at improving blockchain capabilities.

5 Best Cheap Cryptos to Invest Now Under  src=

Bitcoin has initiated a bull run over the past two weeks, reaching a peak of $66,480, a level not seen since July. This two-month high for Bitcoin has had a positive impact on the wider altcoin market, with many cryptocurrencies recovering price levels that were last observed three months ago.

Meanwhile, altcoins are showing signs of stabilization, with a higher low pattern emerging, indicating reduced selling pressure. With key price floors now in place, altcoins appear to be entering a period of low-volume, range-bound trading. This could signal the start of a gradual upward trend for the broader altcoin market. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar, which requires time and effort.

5 Best Cheap Cryptos to Invest Now Under 1 Dollar

Ripple is making significant strides in enhancing its blockchain infrastructure and expanding its market presence. The SEI Network has recently announced new ecosystem integrations aimed at improving the blockchain. Two yield-generating liquid staking tokens (LSTs), Seiyan ETH (sETH) and Super Seiyan ETH (ssETH), developed by Nucleus and Dinero, have now been integrated into the SEI ecosystem. While Nucleus operates as a network yield provider, Dinero functions as a yield framework for Ethereum.

In terms of financial performance, SEI’s Total Value Locked (TVL) has now reached $200 million, further reflecting the significant growth in the network’s DeFi offerings. After the successful launch of its V2 protocol, SEI’s TVL surged from $5 million in January 2024 to $200 million by September. This represents a 57.44% monthly increase in locked value over the last four months. Moreover, active user participation has grown by 244%, with daily active users rising to 65,000.

Another week of relentless growth for the Sei Ecosystem.

With new developments, community-driven initiatives, and fresh records in TVL and users, the momentum is unstoppable.

Here’s the weekly rundown ?

Reminders:

? Sei reaches a new ATH of 200 Million TVL!Thank you to… pic.twitter.com/8UVBgUEzR0

— Sei ?? (@SeiNetwork) September 27, 2024

Looking at SEI’s tokenomics, there is substantial potential for further growth. With 1.8 billion SEI tokens currently in circulation out of a total supply of 10 billion, there is considerable room for future expansion. The network plans to release 55% of its tokens over the next year, potentially driving even more development. As a result, analysts suggest SEI could experience significant gains in the DeFi and AI-driven altcoin sectors by 2025, with some projections indicating an 8–10x increase.

3. Beam (BEAM)

Beam is currently priced at $0.018614, showing a 2.18% increase in the past 24 hours. Over the last 30 days, it has recorded 17 green days, meaning the daily close was higher than the open price in 57% of cases. This positions Beam near its recent cycle high, reflecting positive market movement.

Meanwhile, the overall market sentiment for Beam is bullish, supported by 20 technical indicators signaling an upward trend. In the near term, the price is projected to increase steadily, with forecasts suggesting it will reach $0.018658 on October 1, $0.019634 by October 2, and $0.02089 by October 3. By October 5, the price could rise to $0.024133, representing a 29.34% increase.

Stay up to date about everything that's happening around the $MC to $BEAM Migration.

We previously shared our latest update. Almost the last one.https://t.co/PPzQjIcQwI

— Beam (@BuildOnBeam) September 29, 2024

Furthermore, Beam’s price is expected to continue climbing, potentially reaching $0.060009 by October 30, 2024, which would be a 221.62% increase. The Fear & Greed Index stands at 61, indicating a level of greed in the market, while Beam’s price volatility over the past 30 days has been 14.51%. Given the current technical signals, now may be a promising time to consider investing in Beam.

4. TRON (TRX)

The current price of TRON (TRX) is $0.155099, reflecting a slight

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