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According to Santiment, Optimism, Avalanche, and Arbitrum are driving a notable rise in crypto development activity within major blockchain networks. This increase, reflected in a surge of GitHub events, points toward a positive outlook for digital currencies.
Santiment’s data reveals significant development progress across ten top crypto ecosystems, underscoring their potential for innovation and growth. Among these ecosystems are Solana, Harmony, Cosmos, BNB Chain, Polkadot, Ethereum, and Polygon. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar.
5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar
VeChain has demonstrated resilience amid market shifts. GALA coin, now priced at $0.022569, has increased by 1.87% in the last 24 hours and has grown 14% over the past year. Stellar (XLM) focuses on enabling fast, low-cost international money transfers with a strong emphasis on accessibility.
EOS currently sits at $0.471879, showing a 1.6% gain over the past 24 hours. Meanwhile, Pepe Unchained ($PEPU) has rapidly gained attention in its ICO phase, raising $22 million. Bitcoin, on the other hand, is aiming for $68,000 as it recovers from recent weekly losses.
1. VeChain (VET)
VeChain has shown a pattern of resilience through market fluctuations. Per analysis, VeChain (VET) is maintaining an upward trajectory within an ascending channel. Usually, it signals a long-term positive trend despite occasional short-term volatility. This pattern helps set up key support levels that have proven essential in maintaining investor confidence, even as the market undergoes corrections.
Historically, VeChain has rebounded after significant price dips, recovering from a drop around the $0.020 level in 2022. VET trades near $0.0226, facing some downward pressure yet finding stability above critical support levels between $0.019 and $0.025. Many traders see these levels as crucial to sustaining the potential for an upward turn.
Technical indicators, including the Relative Strength Index (RSI), show that VeChain is not yet oversold, suggesting limited room for additional decline. This aligns with experts’ outlook, which reflects a cautious optimism among market analysts.
— VeChain (@vechainofficial) October 24, 2024
Additionally, VeChain’s continued development in the real-world asset (RWA) blockchain space and its focus on supply chain improvements support its long-term relevance. This potential for broader blockchain adoption could strengthen VeChain’s market position over time. While short-term corrections are expected in any asset, VeChain’s current positioning within its ascending channel indicates an overall positive trend, provided it stays within its support zones.
2. Gala (GALA)
GALA coin, currently priced at $0.022569, has shown a moderate increase of 1.87% in the past 24 hours and a 14% rise over the last year. In the last 30 days, GALA experienced 15 “green days,” where daily closing prices exceeded daily opening prices, marking positive movement on about 50% of days. This pattern, along with GALA’s high liquidity relative to its market cap, suggests it maintains a fairly stable trading environment and may appeal to active traders.
For this week, GALA is projected to trade between $0.022776 and $0.02561. Should it reach the higher end of this range, it would represent a 12.44% gain by October 28, 2024. GALA’s price prediction for next week ranges between $0.02561 on the lower end and $0.032008 on the upper end. If GALA reaches the higher end, this would indicate a 24.98% increase by November 4, 2024. Furthermore, projections suggest GALA could reach $0.075282 by November 24, 2024—a notable potential increase of 230.53%.
The tokenization of Founder’s Nodes is almost complete! While some nodes were missed, we’re on it. No disruption in distributions—stay tuned for updates! #GalaChain #Web3https://t.co/PW9MaUGqhH
— Gala Games (@GoGalaGames) October 25, 2024
Currently, market sentiment appears neutral, with the Fear & Greed Index adding caution to the outlook. Price volatility over the past 30 days stands at 6.83%, reflecting moderate price fluctuations. Given these trends, this may be an opportune time for interested buyers to consider GALA, though the market’s overall state remains somewhat uncertain.
3. Stellar (XLM)
Stellar (XLM) is a blockchain platform aimed at providing fast and affordable international money transfers, designed with accessibility in mind. Founded by Jed McCaleb, who also co-founded Ripple, Stellar focuses on financial inclusion by linking banks, payment systems, and individuals through its network. It operates on the Stellar Consensus Protocol (SCP), a consensus method that allows swift transactions without the need for mining, making it an energy-conscious option.
The platform’s strategic partnerships with notable financial entities, including IBM and MoneyGram, support its vision of a more inclusive global financial system. Through these collaborations, Stellar facilitates cross-border transactions, making it easier for users to send and receive money internationally.
Currently, Stellar’s price stands at $0.096526, with a 2.08% increase over the past 24 hours. Notably, 53% of the last 30 days saw daily price increases, reflecting a positive trend. Moreover, Stellar’s price is projected to range from $0.096343 to $0.105053 within this week, with the potential to rise by approximately 9% if it meets the higher target.
We’re still hyped from Stellar x @easya_app #HackMeridian. @kwok_phil & @dom_kwok are creating something special.
Build #BetterOnStellar https://t.co/1jkkQr6aPM
— Stellar (@StellarOrg) October 23, 2024
For next week, analysts suggest a potential range of $0.105053 to $0.163322, with a projected increase of up to 55.47% if the higher estimate is achieved. For 2024, Stellar’s forecasted range is between $0.096343 and $0.257926, suggesting a possible increase of 167.17% if the upper target is met. Overall, Stellar appears to be on an upward trend with gradual price increases, backed by partnerships and technological features that support its goals of improving financial access and efficiency on a global scale.
4. EOS (EOS)
The current EOS price stands at $0.471879, reflecting a 1.6% rise over the past 24 hours. For the upcoming week, EOS is projected to trade within a narrow range between $0.469398 and $0.469443. If the upper estimate holds, EOS could see a modest 0.01% gain, reaching $0.469443 by October 28, 2024.
Looking to the following week, EOS is anticipated to fluctuate between $0.469443 and $0.457637. The projection suggests a potential 2.51% dip, with EOS possibly settling at $0.457637 by November 4, 2024, if it aligns with the upper limit of this forecast.
The monthly #EOS Block Producer meeting took place last week to discuss the continued development of the EOS ecosystem.
Topics Discussed include:
📈 Spring 1.0 Hard Fork
✅ The @exSatNetwork mainnet launch
🤝 Middleware integration efforts by Greymass
📣 Roadmap updates on… pic.twitter.com/pyoCbNhRyx— EOS Network Foundation (@EOSNetworkFDN) October 24, 2024
For the remainder of 2024, EOS is expected to trade between $0.457552 and $0.503224. Should it reach the upper target, EOS might see a 6.66% increase, potentially touching $0.503224 by year’s end.
5. Pepe Unchained ($PEPU)
Pepe Unchained ($PEPU) has quickly gained traction in its ICO, raising $22 million in a short time. The presale surged to raise that amount in just 24 hours recently, drawing considerable attention. Experts suggest that early large investors may have fueled this growth, creating a ripple effect among new buyers.
At a price of $0.01177 and an APY of 102%, the presale has drawn endorsements from crypto figures who anticipate growth upon its exchange listing. The raised capital supports plans for a unique Ethereum-based layer-2 blockchain, signaling a shift beyond a typical meme coin toward a broader ecosystem.
$22M!!!
Just wait until you see what’s cooking 😉 pic.twitter.com/4Wuhy2bfyL
— Pepe Unchained (@pepe_unchained) October 23, 2024
To attract developers, Pepe Unchained introduced the “Pepe Frens with Benefits” grant program, hoping to drive project development within its ecosystem. With over 150 million $PEPU tokens already staked and a high ranking on CoinSniper.net, Pepe Unchained’s popularity is rising ahead of its anticipated decentralized exchange (DEX) launch.
Audited by Coinsult and SolidProof, $PEPU aims to distinguish itself from speculative meme coins by offering practical blockchain utility. Pepe Unchained’s structured approach to ecosystem development and strategic funding highlights the potential for a more enduring presence in the crypto space.
Learn More
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Soon
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