6 Best Cheap Cryptos to Buy Now Under 1 Dollar November 20 – Cronos, The Graph, Osmosis, Ondo, Oasis
XRP shows a significant technical pattern in its weekly chart. Crypto analyst Dark Defender points out that XRP has formed a “Double Coffee Cup” pattern commonly associated with possible bullish movements. This double-rounded bottom formation, highlighted by blue and orange curves on the chart, suggests that a long period of consolidation may be nearing its end.
Additionally, XRP has recently risen above the Ichimoku Cloud, signaling a bullish trend. Meanwhile, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.
6 Best Cheap Cryptos to Buy Now Under 1 Dollar
Cronos Group (TSE: CRON) reported strong financial performance for the third quarter of 2024. The current price of GRT stands at 0.2291, reflecting an 8.19% increase in the last 24 hours and a 60% rise over the past year. Osmosis (OSMO) is trading at $0.559237, showing a decline of 2.90% in the past 24 hours.
Ondo Finance’s ONDO token has seen notable price fluctuations recently. Oasis (ROSE) is priced at $0.07934, having increased by 5.66% in the last 24 hours. Flockerz ($FLOCK) is a new project aiming to address issues related to centralization within the meme coin sector. Meanwhile, Bitcoin has reached a new record , surpassing $94,000.
1. Cronos (CRO)
Cronos Group (TSE: CRON) reported notable financial results for the third quarter of 2024. Revenue increased by 38% compared to last year’s period, reaching $34.3 million. The company shifted from a net loss of $1.46 million in Q3 2023 to a net income of $8.35 million this quarter, boosting the profit margin to 24%. Earnings per share rose to $0.02, up from a loss of $0.004 in the previous year.
Shares of Cronos have risen by 2.1% in the past week, suggesting a positive reaction from the market. The stock trades significantly above its 200-day simple moving average, surpassing it by 96.5%. This trend indicates strong upward momentum.
Additionally, the Cronos token (CRO) has seen substantial activity. Over the past year, its price increased by 99%, and it is currently trading at $0.1833. The asset has high liquidity to its market capitalization.
2. The Graph (GRT)
The Graph (GRT) has seen notable activity recently. Kain Warwick, the founder of Synthetix, transferred substantial amounts of GRT tokens to Binance over the past two days. Specifically, Warwick deposited 6 million GRT, valued at 1.26 million, during price surges.
The current price of GRT is 0.2291. It increased by 8.19% over the last 24 hours and 60% over the past year. GRT is trading significantly above its 200-day simple moving average of 0.1175, which suggests a positive trend. Additionally, the token has shown strong liquidity compared to its capitalization of 2.13 billion.
The trading activity also reflects a bullish sentiment. GRT has recorded 15 positive trading days in the last month. The Fear & Greed Index rating stands at 83, which indicates Extreme Greed.
3. Osmosis (OSMO)
The Osmosis v27 software upgrade will introduce important enhancements and fixes to the platform’s codebase. This governance-approved update aims to ensure that Osmosis operates with advanced and secure technology, reinforcing its position in the market.
Osmosis (OSMO) is trading at $0.559237, marking a 2.90% decline over the past 24 hours. Despite this short-term drop, market sentiment remains optimistic, as indicated by a bullish outlook and an Extreme Greed rating (83) on the Fear & Greed Index.
The outlook for December suggests further price appreciation, with OSMO potentially trading between $1.841221 and $2.62. This reflects a significant increase of 308.59% from today’s price, based on an estimated average of $2.29. Should the token achieve these predicted levels, investors could profit 366.36%.
4. Ondo (ONDO)
Ondo Finance’s ONDO token has recently experienced significant price activity. This month, the token has gained 35%, driven by its integration with PayPal’s PYUSD. Following this development, ONDO saw a 9% price increase, reaching $1.05. Over the past week, it has risen by 13%, reflecting growing investor interest.
The 15 November announcement of Ondo Finance’s collaboration with PayPal’s PYUSD marked a key milestone. This partnership allows instant conversion between PYUSD and Ondo’s Short-Term US Government Treasuries (OUSG). This move is a step toward connecting decentralized finance (DeFi) with traditional financial systems. It highlights Ondo Finance’s role in advancing the integration of these two sectors.
The market outlook for ONDO remains positive. Analysts predict the token will trade between $3.45 and $4.90 by December 2024. This projection suggests a potential increase of approximately 317% from current levels. If realized, investors could see a return on investment (ROI) of 376.15%.
5. Oasis (ROSE)
Oasis (ROSE) is priced at $0.07934, with a 5.66% increase in the last 24 hours. The market capitalization is $560.45 million, and the 24-hour trading volume is $67.97 million, reflecting an 11.73% rise. Despite this daily growth, the market sentiment remains bearish. However, the Fear & Greed Index shows a high level of optimism at 83, indicating “Extreme Greed.”
Looking ahead to November 2024, projections suggest that Oasis could see a modest increase in value. The price range is expected to be between $0.00019 and $0.000648, with the average price forecasted at $0.000376. If the price moves within this range, investors may experience a potential return of 246.14%, assuming they buy at the current price and sell at the predicted peak.
By December 2024, Oasis is predicted to trade within a range of $0.000634 to $0.000901, with an expected average price of $0.000789. This would mark a 321.93% increase compared to the current price.
6. Flockerz ($FLOCK)
Flockerz ($FLOCK) is an emerging project that aims to tackle some common issues in the meme coin market, particularly the centralization of decision-making. Many meme coins are controlled by a small group of individuals, leaving investors with limited influence. Flockerz, however, addresses this by offering a decentralized governance model. This gives the community a direct say in the project’s future, making participation more inclusive and transparent.
One of Flockerz’s key features is its “Vote-to-Earn” mechanism. This allows community members to earn rewards based on their active participation. As investors engage with the platform, they can contribute to decision-making while benefiting from their involvement. This system is designed to attract both seasoned crypto enthusiasts and newcomers by offering everyone a chance to have a voice.
Despite being in the presale stage, Flockerz has already raised nearly $2.5 million. Flockerz offers an appealing staking option for passive income, with an initial APY of 917%. Over 104 million tokens have already been staked, showing strong early engagement. Investors can buy $FLOCK using a range of payment methods, including ETH, BNB, and credit cards, making it accessible to both crypto users and newcomers.
Currently, $FLOCK is priced at $0.006053 per token, presenting a potential opportunity for early investment at a relatively low cost. The meme coin market is experiencing significant growth, with the total market cap reaching around $130 billion. This expansion creates room for new projects like Flockerz to thrive. With its innovative governance model and a clear roadmap, Flockerz has positioned itself to capitalize on this trend.
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- Best Affordable Tokens in 2024
- Our Previous Best Cheap Cryptocurrencies to Buy Under 1 Dollar Post
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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