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Pantera Capital is raising over $1 billion for a new crypto fund, Pantera Fund V. According to the crypto analyst and host of the Discover Crypto YouTube channel, this development is a bullish sign for Solana and other altcoins.
With such positive market sentiment, smart investors are looking for ways to capitalize on positions with promising future returns. However, finding the best cheap cryptocurrencies to buy now for under $1 takes time and effort. This article helps market participants by providing a list of such tokens.
Top 6 Cheap Cryptocurrencies You Can Buy Right Now for Less Than $1
Digital assets are seeing a surge in adoption, with GateToken (GT) gaining significant traction since its launch. Furthermore, SingularityNET announced its collaboration with BNB Chain to develop decentralized storage solutions and AI applications on the blockchain.
Although the Base Dawgz presale ended on August 28, investors still have the opportunity to take advantage of the current price and benefit from a 720% annual return before the DEX listing on September 4. Additionally, Coinbase CEO Brian Armstrong executed the first Base Dawgz presale. AI vs AI Crypto Transactions.
1. GateToken (GT)
Digital assets are gaining increasing acceptance, especially GateToken (GT), which has received significant attention since its launch. GateToken’s market metrics are providing a positive sentiment amidst the broader market downturn. For example, the coin has increased in value by 90% over the past year, trading at $7.48 at press time.
Since the beginning of the month, it has witnessed 16 days of green candles. Other indicators reflect a positive performance compared to the token’s selling price. Additionally, GateToken is trading 79.73% above its 200-day simple moving average of $4.16.
Given the strong market trends, GateToken shows potential for significant growth in the coming months. If the network announces further collaborations, experts expect the GT price to surpass $13.93 by 2024. A price surge could see the coin trade at around $12.62 in 2024. Conversely, if the market declines, the minimum value could drop to $11.83.
2. SingularityNET (AGIX)
SingularityNET has announced a collaboration with BNB Chain to develop decentralized storage solutions and AI applications on the blockchain. According to a blog post from the SingularityNET Foundation, the partnership aims to foster innovation in the decentralized data economy.
SingularityNET is part of the newly formed Artificial Super Intelligence (ASI) consortium, which consists of three AI projects. This new partnership with BNB Chain is not expected to impact the ongoing consortium, but is seen as beneficial in the long run.
Furthermore, the integration includes SingularityNET’s knowledge layer and BNB Chain’s decentralized storage platform, BNB Greenfield. Greenfield gives users access to data markets. Both parties expect this integration to enhance data reliability and performance.
We are pleased to announce a strategic partnership with @BNBCHAIN To revolutionize the decentralized blockchain-based data economy and collaborate on incubation and grant programs through the BNB Incubation Alliance.
Learn more: https://t.co/DenGMK9Dzw pic.twitter.com/mU3gcvama4
— SingularityNET (@SingularityNET) August 29, 2024
Meanwhile, the AGIX token has shown a positive trend, rising by 194% since the beginning of the year. Currently, it is trading at $0.5149 with a volume of $548,724 on CoinMarketCap. The forecast suggests that AGIX could trade between $0.485341 and $0.619586 by the end of the year. If it achieves the higher target, the token could rise by 19.79%, reaching $0.619586.
3. Fitch.e (FET)
Fetch.ai has partnered with GameSwift, a Web3 gaming platform, to bring advanced AI technologies to gaming. This collaboration marks the first time Fetch.ai’s AI agents have been integrated into a Web3 gaming project, potentially setting a new standard for the industry.
Fetch.ai has also been in the news for launching an innovation lab in San Francisco to develop AI. With an annual budget of $10 million, the lab plans to support new AI projects, highlighting Fetch.ai’s commitment to innovation.
We are happy about that. #advertisement new https://t.co/kJ9URVqmjT Founding and Strategic Member #partnership with @JimSwift_You. 🚀
GameSwift is a leading company in #web3 #games He will lead the gaming sector within the organization.
This collaboration opens up exciting new possibilities… pic.twitter.com/H0UmSjWOy3
– Fetch.ai (@Fetch_ai) August 29, 2024
FET is trading at around $1.14 at press time, up 1% in the last daily trading session. This rise comes amidst the current bearish market trend. Moreover, the positive FET price trend may reflect the growing investor confidence, which is likely influenced by Fetch.ai’s recent technological advancements and strategic partnerships.
4. Toncoin (TON)
Pavel Durov’s latest release immediately impacted Toncoin, the native token of The Open Network (TON) blockchain. Following the news, the price of Toncoin surged from $5.31 to $5.75, an increase of 8.3% within 20 minutes.
Durov’s arrest at Paris Bourget Airport caused a sharp drop in the market value of Toncoin. Toncoin lost around $5 billion, falling from $17.16 billion to $12.9 billion. However, after Durov was released on bail, market sentiment improved, leading to a significant increase in the price of Toncoin during the latest daily trading session. Trading volume also increased by 100.23%, reaching $1.38 billion, indicating a possible rebound to pre-arrest price levels.
Other indicators also support investors’ current expectations. For example, TON is above the 200-day simple moving average and has seen 15/30 green days. Additionally, the annual inflation rate is 1.25%. Moreover, Coincodex’s Toncoin price prediction predicts a 227.69% increase and could reach $18.24 by September 28, 2024.
Web3 Engine for #ton It gives Telegram a competitive edge, opens up new monetization opportunities for creators, and empowers users with true ownership of their digital assets. 💎
– @alenka_w3Head of Ecosystem at TON Foundationhttps://t.co/ViOQNSDAD7
— TON 💎 (@ton_blockchain) August 29, 2024
Meanwhile, investors are optimistic about maintaining this momentum, which could lead to a break of the next important resistance at $6. However, the coming days are likely to further clarify the direction of TON price.
5. DAWGZ Base
Dogs Base The project aims to transform meme culture by introducing a concept centered around “base jumping.” The project has gained significant support from the market, raising $200,000 on its first day and surpassing $3.2 million by press time. The native token, DAWGZ, is currently priced at 0.008582 and is expected to rise.
The main feature of Base Dawgz is the “Be Social for Airdrop” initiative, which incentivizes users to create and share content about the project on specific platforms. Users earn reward points that can be redeemed for DAWGZ tokens, boosting community engagement and visibility. Additionally, the project allows for easy transfer of assets across four major blockchains: Ethereum, Solana, Avalanche, and Binance Smart Chain.
the Dogs Presale is over!
You can still purchase the token at the list price if you wish. Please stay in touch for more information.
DEX Launch Date: September 4, 2024, 5pm CET 🪂 pic.twitter.com/B9gFx6Yju6
— BaseDawgz (@BaseDawgz) August 28, 2024
Base Dawgz presents an interesting proposition in the cryptocurrency market. It focuses on simplifying asset transfers across the blockchain and leveraging community-driven growth strategies. Although Dogs Base The presale ended on August 28, and investors can take advantage of the current price and 720% annual return before the DEX listing on September 4.
6. Monero (XMR)
Monero is seeing price gains amid the current market slump. XMR is trading at $169.73, reflecting a 1.86% gain on the day. Moreover, other metrics point to a current positive outlook for the coin. Year-to-date (YTD), the price has increased by 21%, reinforcing the current market trajectory.
Moreover, Monero is trading 12.44% above its 200-day simple moving average at $151.05. The cryptocurrency has been showing positive performance, recording 17 green days in the past 30 days, which is 57% of the time. Considering its market cap, it also shows high liquidity.
We are pleased to announce the release of the 73rd issue of The Monero Moon Magazine! https://t.co/ClWjFGUB24
— Monroe (XMR) (@monero) September 1, 2024
According to market experts, Monroe is expected to rise by 15.00%, reaching $195.77 by October 2, 2024. The forecast shows a bullish sentiment, with 28 technical analysis indicators supporting this forecast. Monroe has seen a price fluctuation of 4.80% over the past 30 days, which reinforces the current outlook. Based on these indicators, it seems like now is a good time to buy Monroe.
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