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Top 5 cheap cryptocurrencies to buy now for under , August 28 – Notcoin, Holo, TRON, Klaytn

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The cryptocurrency market has witnessed several events in recent days that have influenced investment trends. For example, the arrest of Telegram founder Pavel Durov has led to a decline in tokens within the TON in recent days.

However, this market turmoil creates an opportunity for smart investors to capitalize on positions with potential future returns. Given the recent market decline, several tokens, especially assets priced under a dollar, have shown significant potential. This article compiles a list of the 5 best cheap cryptocurrencies to buy now for under a dollar and provides investors with up-to-date market information.

Top 5 cheap cryptocurrencies you can buy now for under $1

Despite recent challenges, some large investors, often referred to as “whales,” continue to favor Notcoin’s market trend. This week, several developments within Klaytn’s network have shaped trends that could pique investor interest. In addition, HOT has experienced notable price movements, breaking through the $0.0013 mark and moving closer to a potential target of $0.0037.

Meanwhile, TRON (TRX) has recently attracted attention, with its native token hitting a 40-month high of nearly $0.17 on August 26. Additionally, Pepe Unchained, an evolution of the original Pepe project, has gained traction in the digital asset market, surpassing the $10 million mark in the ongoing presale. However, amid a wave of long liquidations, the cryptocurrencies have slipped, with Bitcoin briefly fell below 60,000 USD.

1. Notcoin (NOT)

The recent arrest of Pavel Durov has impacted the market and led to the downfall of TON-based projects, including Notcoin. NOT, which initially gained popularity as a viral Telegram game that introduced users to web3 through a tap-to-earn mining system, has recently faced challenges. Over the past few days, Notcoin fell by 20%, approaching an all-time low as investor sentiment showed bearish signals. This decline was accompanied by a sharp 76% drop in active trading addresses, suggesting traders are withdrawing from the market to avoid further losses.

NOT price chart

Despite these challenges, some large investors, often referred to as “whales,” are taking advantage of the downturn. As a result, the net flow of Notcoin among these large holders has increased by 312% in the past week, suggesting that they are anticipating a future recovery despite the current bearish trend.

Furthermore, Coincodex’s technical indicators point to a revival soon, making Notcoin one of the cheapest cryptocurrencies to buy now for under a dollar. According to the platform’s price prediction, Notcoin will rise by 220.07% to reach $0.029289 by September 27, 2024. Other metrics point to a possible price rally, with forecasts suggesting possible highs around $0.063 by year-end. Even though market conditions remain challenging, future demand for Notcoin could increase as metaverse and NFT trends continue.

2. Klaytn (KLAY)

Following the merger of Klaytn with Finschia, KLAY price sentiment has been relatively neutral. However, several developments this week have shaped trends within the network that could potentially pique investor interest. On August 26, the networks initiated updates to their on-chain parameters, including adjustments to inflation and reward rates. These changes are in line with the Kaia Rewards policy as part of the Klaytn-Finschia integration.

Meanwhile, the Finschia mainnet will receive a final update on August 28th ahead of the Kaia mainnet launch. Additionally, key features will be introduced to the ecosystem with the launch of the Kaia Portal and Kaia Square on August 29th.

KLAY price table

For example, the Kaia Portal will facilitate token swaps, staking, and bridging activities. At the same time, Kaia Square will offer a new staking option, Public Delegation, which will allow users to delegate KAIA to their chosen validators. Finally, during the mainnet launch, exchanges will gradually update the ticker from KLAY to KAIA. However, the exact timing will vary from platform to platform, so users should keep an eye on their respective exchanges’ updates.

Market participants seem to have responded to these trends, as KLAY’s 7-day chart shows a price increase of 3.85%. Moreover, experts predict that these events will lead to a price increase in the coming months.

3. Holo (HOT)

Holo is a peer-to-peer platform for hosting decentralized applications (DApps) built using Holochain, a framework that operates without blockchain technology. The platform aims to connect the internet at large with Holochain-based applications and provide an ecosystem where DApps can be accessed and hosted by participants of the Holo network.

The network is backed by a native token called HoloFuel, which is currently being tested. HoloFuel serves as a billing system and compensates hosts for their services within the network. In 2018, an ERC-20 token called HOT (HoloToken) was introduced as a placeholder, with the promise that it would be redeemable for HoloFuel after the platform’s launch.

HOT Price Table

Although Holo is still under development, it was expected to enter the open alpha and beta testing phases by 2021. Recently, HOT has shown notable price movements, breaking the $0.0013 mark and soon approaching a potential target of $0.0037. This development is in line with the generally observed strength of Bitcoin.

Data shows that HOT saw a 410% gain during its recent rally and its price has increased by 51% over the past year. HOT has also outperformed half of the top 100 crypto assets during the same period and is trading above its 200-day simple moving average. Additionally, it has shown positive returns relative to its token sale price and has high liquidity based on its market cap. Current predictions suggest that Holo’s price could increase by 33.33% and potentially reach $0.002376 by September 27, 2024.

4. TRON (TRX)

TRON (TRX) has been gaining attention lately after its native token hit a 40-month high of nearly $0.17 on August 26. This price increase had a positive impact on investors as they all made accounting profits at the time.

TRX Price Chart

The launch of numerous meme coins on SunPump, a platform created by TRON founder Justin Sun, has further brought the project into the spotlight. Sundog (SUNDOG), in particular, has reached a market cap of over $250 million.

TRON, developed by the Tron Foundation and launched in 2017, is a decentralized blockchain-based operating system. Originally, TRX tokens were ERC-20 tokens on the Ethereum network, but were migrated to TRON’s blockchain in 2018. The project’s main goal is to provide full ownership rights to digital content creators, thus solving the problem of intermediaries taking a large portion of their revenue. The platform encourages direct rewards from consumers to creators.

5. Pepe Unchained (PEPU)

Pepe Unchaineda recent evolution of the original Pepe project, has attracted attention in the digital asset market, reaching over $10 million in the ongoing presale. It was developed as a Layer 2 solution on the Ethereum network and aims to improve transaction efficiency through higher speeds and lower costs, setting itself apart from traditional Layer 1 systems.

The project aims to improve Pepe’s technological foundation and appeal to investors interested in innovation and more efficient crypto operations. With a total supply of 8 billion PEPU tokens, distribution is strategically planned. Presale and marketing will each receive 20%, with a focus on creating early momentum and engaging investors. Meanwhile, 10% is earmarked for liquidity, project funding, and chain operations to ensure stability and trading fluidity. Notably, 30% is earmarked for staking, underscoring the commitment to long-term investor participation.

The staking option, which offers an annual percentage rate (APY) of 183%, is an important feature for those seeking passive income. PEPU The current price of the tokens is $0.0093477, making them accessible and high in growth. Investors can purchase tokens using ETH, USDT, or BNB, with staking rewards available for ETH and USDT transactions. Additionally, the inclusion of bank cards as a payment method increases accessibility to a wider audience.

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