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    Top 5 Cheap Cryptocurrencies to Buy for Less Than $1 August 30 – Sun (New), Conflux, Bitget Token, TRON

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    The cryptocurrency market has seen a major recovery since the collapse of the FTX exchange in 2022. According to a recent report by Canaccord, the industry has seen growth over the past year, driven by the growing global adoption of digital assets.

    Market analysts including Joseph Fave have noted that the cryptocurrency sector has moved from a consolidation phase to a post-FTX recovery. At the same time, investors are looking for smart market positions. As such, this article picks the top 5 cheap cryptocurrencies to buy now for under $1.

    Top 5 Cheap Cryptocurrencies You Can Buy For Less Than $1

    Over the past week, TRON-based Sun coin has seen a significant uptrend, surging over 40%. Meanwhile, Conflux has recently established several partnerships, positively impacting market sentiment. Additionally, Bitget Wallet, a leading global Web3 wallet with over 30 million users, has responded to the growing demand for memecoins. Meanwhile, Bitcoin drops to $60,000which slightly reduced the week’s losses.

    1. The Sun (New) (SUN)

    Over the past week, TRON-based Sun has been on a positive trajectory, rising more than 40% in value. Sun was initially launched over four years ago and was designed to emulate Bitcoin as a store of value.

    However, it suffered a major crash in 2021 due to oversupply. Since then, the token has shifted its focus to decentralized finance (DeFi) on the Justwap and Justlend platforms. With this renewed goal, SUN is aiming for a $1 billion market cap.

    Justin Sun’s strategy to boost the network’s revenue, which is expected to exceed $4 billion next year, includes leveraging meme coins and adjusting network fees. SunPump has quickly overtaken its Solana-based competitor Pump.fun in terms of tokens launched and daily revenue.

    Sun Token’s recent performance reflects strong market interest and renewed interest, indicating a promising future for its DeFi-focused strategy. This price surge underscores the potential for significant gains in the evolving crypto market.

    Since its launch, Sun price has increased by 552%, outperforming 93% of the top 100 crypto assets. Moreover, it is trading 317% above the 200-day simple moving average of $0.008192. As of August 30, 2024, the overall sentiment for Sun Token price prediction is bullish, with 26 technical analysis indicators pointing to positive trends.

    2. Flow (CFX)

    Conflux has recently forged several partnerships, which have positively impacted market sentiment. One notable one is the collaboration with Presto Labs, aiming to enhance sharing capabilities and expand market reach across Asia. This alliance aligns well with Conflux’s mission of connecting decentralized economies around the world and fostering the growth of the blockchain ecosystem.

    The collaboration with Presto Labs is expected to facilitate entry into new markets and support innovative blockchain initiatives.

    CFX price chart

    In addition, Conflux has partnered with China Mobile’s Migu to introduce the world’s first blockchain-powered video ringtone. This innovative product embodies the practical applications of blockchain technology.

    The news of the Conflux partnership has sparked positive sentiment in the market. CFX is trading at $0.139235 at press time, up 4.41% in the last 24 hours. Despite the rise, market sentiment remains bearish, with a Fear Score of 34.

    However, experts expect Conflux to trade between $0.135532 and $0.152052 this week and potentially reach $0.152052 by September 2, 2024. This represents a potential increase of 12.19%. Overall, Conflux’s recent partnerships and price trends highlight the innovative efforts of the network and the cautious optimism within the market.

    3. Bitget Token (BGB)

    Bitget Wallet, a leading global Web3 wallet with over 30 million users, has caught up with the growing demand for memecoins. The platform has added several memecoins from the TRON and BNB systems, demonstrating its commitment to providing users with the latest market opportunities.

    The wallet offers features that simplify the discovery of new tokens. Users can access detailed analytics, such as charts and on-chain data, and execute trades with a single click. These functions simplify the trading process, making it more efficient — a crucial feature in the volatile memecoin market.

    BGB Price Chart

    Additionally, Bitget Wallet improves transaction speed and cost efficiency. Instant mode reduces transaction times, doubling the speed to suit the fast-paced nature of memecoin trading. On the BNB Chain, the “Borrow Gas” feature allows transactions to be made without holding $BNB, while the $GASU option provides a gas-free experience.

    Following the recent news, Bitget Token (BGB) is up a modest 1.8% on the day, trading at $0.984313. Meanwhile, other technical indicators are reflecting a positive market trend. For example, Bitget Token (BGB) is trading near its session high of $1.02524. Additionally, it is trading 114.24% above its 200-day simple moving average at $0.458521.

    Overall, the recent updates and features of Bitget Wallet position it as a significant player in the memecoin market, providing users with improved trading efficiency and market accessibility.

    4. Tron (TRX)

    Tron (TRX) recently surpassed Toncoin (TON) to become the 10th largest cryptocurrency by market cap. The move comes after the arrest of Telegram founder Pavel Durov and increased interest in meme coins on the Tron network.

    Tron has been performing well, with its price up about 15% over the past month, according to CoinMarketCap. Moreover, cryptocurrency analysts are sharing a positive outlook, suggesting that the excitement around the TRON meme coins will lead to further price increases. Additionally, the founder of the TRON network highlighted the reliability of the platform, noting that it has been running for seven years without major issues or downtime.

    TRX price chart

    Several factors contribute to the bullish outlook for Tron. First, it is trading above its 200-day simple moving average and has shown strong performance relative to its token sale price. Furthermore, over the past 30 days, Tron’s closing price has been above its 20-day opening price, indicating consistent positive momentum. Its high liquidity relative to its market cap also supports this positive outlook.

    Therefore, experts now expect the price of Tron to reach $0.20 by the end of October 2024. This forecast takes into account the stability of the network, recent performance trends, and the growing interest in the market.

    5. Baby Unchained (PEPU)

    Baby is not tied (PEPU) is gaining attention in the crypto sector. It aims to build on the legacy of the original Pepe project. This new project brings improved innovation and efficiency to the crypto space, and distinguishes itself as the first Pepe-themed token with its own blockchain-based infrastructure.

    The presale results show strong market interest, with PEPU tokens priced at $0.0093851 each. This price point is achievable, indicating potential growth in the future. The presale has already raised over $11 million, with one day left before the next price increase. Investors can purchase PEPU tokens using ETH, USDT, or BNB, and the option to pay via bank card further enhances accessibility for potential investors.

    The Pepe Unchained roadmap outlines a gradual growth strategy after the pre-sale, with the project expected to increase in value as it reaches important milestones. The approach blends technological advancements with strategic planning, attracting a diverse range of investors in the cryptocurrency market.

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    distribution Baby Unchained The 8 billion PEPU tokens follow a structured plan aimed at sustainable growth. It is worth noting that 20% of the tokens are allocated for presale and the other 20% for marketing efforts. This strategy focuses on generating early momentum and engaging a broad base of investors. Additionally, the project features a stake option with an annual percentage yield (APY) of 179%, which may attract those interested in earning passive income.

    Visit Pepe Unchained Presale

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