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The market has yet to see any major price movements as the weekend’s price action spills over into the new week. BTC price is holding steady at the $64,000 mark. Other cryptocurrencies are moving towards the mid-range, with DeFi assets leading the way.
Amid the sideways trend, the top performing cryptocurrencies have made exciting gains today. Therefore, today’s post provides insight into the price action of 6 cheap cryptocurrencies you can buy nowPriority is given to the price increases and volume profile of each token over the last 24 hours.
The 6 best cheap cryptocurrencies you can buy now
In addition, the post also covers projects with a high probability of exceptional future performance. It highlights the PlayDoge token and its recently completed presale. Investors can find the project’s highlights and more details below.
1. Zeros (NULS)
Nuls is one of the fastest growing blockchain infrastructures that offers customizable services to developers in the crypto ecosystem. It offers a modular architecture that allows smart contracts to run across blockchain networks. It also features the ChainBox that provides users with the ability to build projects in less time and at a lower cost.
Nuls is one of the best performing cryptocurrencies today, with total gains of over 60% in the last 24 hours. Demand for the token skyrocketed after Binance announced the listing of its NULSUSDT perpetual contract. Investors who hold Nuls in their portfolio have a chance to ride the wave to higher gains. Moreover, Nuls is currently experimenting with additional projects to increase its market value.
The change is taking place
Oracle projects are critical to what we are building, so the first project to emerge from the Ignition initiative will focus on #Oracle Services for the NULS ecosystem.
NULS Oracle is being implemented and will meet you soon https://t.co/xqfYeTH7CY
— NULS (@Nuls) 25 August 2024
Apart from the increased prices, Nuls also saw higher trading volumes today. It recorded an intraday increase of over 1080%. Obviously, the listing of the contract has given investors more confidence in the token. Therefore, the likelihood of further price increases in the new week is inevitable.
2. JUPITER (JUP)
Jupiter is considered the most advanced swap engine in the industry. Swap aggregation is one of the backbones of DeFi. Due to the nature of its services, it plays a crucial role in the industry. According to its CoinMarketCap page, JUP is working on launching more products.
The projects in its lineup include Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading. With this, we are likely to see an increase in demand for services. Thus, the JUP token would benefit from the increased activity.
Jupiter Lock – an open-source, free and audited alternative to time-locking your project’s tokens, now in beta.
Jupiter Lock is free – there are no fees, so any project can release its tokens for free over time.
Any team can also access Jupiter Lock without BD calls… pic.twitter.com/TVe9q3d7qM
— Jupiter 🪐 (@JupiterExchange) 23 August 2024
Currently, Jupiter’s price is $0.906403 and the trading volume is around $96,672,395. Today’s performance has helped JUP gain momentum on its way towards the $1 mark. As the week progresses and investor sentiment improves, there is a chance for JUP to reach the $1 price zone.
3. Zksync (ZK)
Zksync is one of the most anticipated cryptocurrencies of this year. However, the token entered the market with underperformance, costing early investors a significant margin on their shares.
Regardless of the token’s past performance, current trends suggest that ZK has a chance to become one of the best performing cryptocurrencies in the coming months. Market data shows that ZK has regained over 40% of its lost value and has shown significant strength to sustain the uptrend.
The @aave The deployment of v3 on ZKsync is imminent. The teams encountered a technical issue during final testing and paused the deployment. The issue has now been resolved. We will release an update once we have a launch date. https://t.co/8gQkmsuqNx
— ZKsync (∎, ∆) (@zksync) 25 August 2024
ZK’s current price performance has helped the company reach a market cap of over half a billion dollars. The rising performance shows that investors can expect more positive gains from the project in the coming days. ZK’s growing use case is another factor that could lead to rising prices in the future. Regardless, investors should keep ZK on their watchlist to see how the price performs throughout the quarter.
4. PlayDoge (PLAY)
GameDoge The presale ends today. Investors who were left out during the entire PLAY token presale still have a chance to get on board. According to the post on the project’s official Twitter handle, PLAY’s claim and DEX listings will go live on Thursday, the 29th, at 10 am.
🚨 Important announcement 🚨
PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10:00 UTC! ⏳
Buy $PLAY now in the final phase! 💰
👉 https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H— PlayDoge (@PlayDogeGame) 16 August 2024
Crypto play-to-earn is not extinct. Contrary to what many assume, it is the key to bringing much-needed utility to the meme coin sector. Current trends in the crypto market show that meme projects with proven utility often survive longer than others that lack it.
That’s why the upcoming crypto token PlayDoge, along with the PLAY token, offers its community an exciting gaming experience. The platform’s free P2E game features a 2D retro layout. The combination of an excellent digital crypto economy and a fun community experience gives PlayDoge an edge over competing projects.
The PLAY token had a successful presale offering, with the closing price at $0.00531. Hundreds of investors are already on board, with over $6,193,870.86 raised so far. Aside from the discounted price, investors also have the option to stake their tokens when purchasing through the presale program.
PLAY staking would still be available when the project launches. The door is still open for more investors who want to join the vibrant and fun-oriented community to enjoy the post-listing price increases. The details of the claims and listing are available on the project website.
Visit Play Doge Presle.
5. Fantom (FTM)
Fantom is a competitor to platforms like ETH in the smart contract market. The project uses the direct acyclic graph framework, which allows it to run a unique consensus algorithm.
The project is one of the fastest-growing smart contracts in the DeFi sector and has gained huge popularity since its launch several years ago. It uses the FTM token as its native cryptocurrency. The project’s growing influence in the market positions FTM as one of the most important cryptocurrencies to keep an eye on.
Its price has increased by over 10% in the last 24 hours and this is the third pump in the last seven days. Another upward push would likely take the token to $0.5. FTM’s market cap today is $1.3 billion.
There is a high probability that the token will move beyond this range in the coming week. One of the major factors that would drive the upcoming gain is the increasing activities in the DeFi sector. As the industry continues to see price increases, FTM holders will experience improved performance in their portfolio.
However, their investors should pay attention to the planned migration to the Sonic (S) coin. The plans are still underway. Generally, tokens perform much better in the weeks following their migration. Therefore, this could further improve the upside prospects for the FTM token.
6. Telos (TLOS)
Telos is outperforming many major cryptocurrencies today after seeing a price increase of over 50%. It is a zero-knowledge proof-of-technology that provides scalability and privacy for blockchain-based projects. According to its website, it aims to create a network that will power upcoming decentralized applications.
Telos’ entry into the AI space is likely the reason for the current price trends. The platform’s official Twitter account hints at the possibility of exploring the use of ZK technology in the AI space, specifically the financial market where privacy is crucial.
#Telos is now LIVE on @KoinBX. 🤝 https://t.co/PsAWi1Hwo9
— The Telos Foundation (@HelloTelos) 23 August 2024
Other factors influencing Telos’ price gains can be attributed to recent listings and partnerships. Another post on TLOS Twitter reveals a recent listing on the KoinBX exchange. There are indications that more exchange listings are coming soon. This would see another increase in the token’s trading volume, which is up over 50% today.
Learn more
PlayDoge (PLAY) – Latest ICO on the BNB chain
- 2D Virtual Doge Pet
- Play to earn Meme Coin Fusion
- Staking and in-game token rewards
- SolidProof tested – playdoge.io
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