Are you looking to explore the crypto market for affordable tokens with growth potential? Find out promising options priced under a dollar poised for a rally. This article curates affordable yet potentially rewarding cryptocurrencies. Therefore, they offer a glimpse into some of the best picks valued at less than a dollar. For investors seeking promising opportunities, these affordable crypto choices could pave the way for an exciting journey into the crypto market.

6 Best Cheap Crypto to Buy Now Under 1 Dollar

Heading into 2024, several cryptos within the top 20 by market capitalization are still trading below the $1 mark. Among these, some tokens merit consideration based on their future growth potential and competitive standing. These coins include Polygon, XRP, and Cardano. Moreover, these coins highlighted below merit recognition.

1. Beam (BEAM)

Beam, Immutable, and Polygon Labs recently entered a partnership, marking a significant shift in the trajectory of blockchain technology within the gaming industry. Beam’s strategic move towards a chain-agnostic approach signals an evolution. This is a step from its initial focus on the Avalanche Subnet to a broader multi-chain strategy, now encompassing the Immutable zkEVM.

This collaboration places Sphere, Beam’s marketplace, as a pivotal component within the Immutable and Polygon ecosystems. The integration of Sphere is positioned to serve as a starting point for fostering deeper collaboration between these ecosystems.

Breaking news.@MeritCircle_IO, @Immutable, and @0xPolygon are joining forces in a united front to take the gaming industry by storm ⚡️

Together we’re stronger, together we’re charting a bold new path for the future of gaming.https://t.co/03VVre7QOx

Learn more ⬇️ pic.twitter.com/zrpyu31ZEk

— Merit Circle (@MeritCircle_IO) December 6, 2023

Furthermore, this partnership aims to collectively advance the gaming industry by leveraging blockchain technology. The parties involved seek to revolutionize the gaming experience by establishing a cooperative framework. In addition, it aims to solidify blockchain’s role as foundational in the next game development phase.

2. Sei (SEI)

Significant market movements have marked Sei’s week. Within a week, the token’s value surged from $0.23 to $0.39. This marks a remarkable 69% increase week-on-week. Despite a local top at $0.4, technical indicators suggest a bull flag formation on daily and four-hour charts. Therefore, it potentially impacts its value positively, reaching single-digit territory if the $0.4 price barrier is surpassed.

Moreover, Sei boasts a circulating supply of 2.3 billion tokens against a maximum supply of 10 billion. Despite a recent 3% decline from its all-time high of $0.41, Sei remains significantly up by 320% from its all-time low of $0.095.

Watch the countdown to 1 Billion here: https://t.co/I4V1JqbQ3t

— Sei 🔴💨 (@SeiNetwork) December 22, 2023

Notably, over the weekend, Sei’s network witnessed a milestone, surpassing 1 billion transactions. Over the past week, the project expanded its reach by announcing important integrations. In addition, it has entered partnerships with entities such as Kryptonite, KudasaiJP, Gecko Terminal, and Network3.

3. The Sandbox (SAND)

The Sandbox price trajectory has shifted since mid-October this year. During the past two months, its value surged by 114%, ascending from $0.27 to $0.58. Presently, it is in the process of forming an upward channel, potentially reaching $1 by late February next year.

At its current position within this channel, there exists a possibility for further gains. Furthermore, The Sandbox holds a market capitalization of $1.23 billion, presently Ranked #64. The circulating supply stands at 2.12 billion tokens out of a maximum supply of 3 billion.

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1/12 pic.twitter.com/3kcJH8ucyy

— The Sandbox (@TheSandboxGame) December 7, 2023

However, it’s important to note that The Sandbox has encountered fluctuations in its value. Two years ago, it achieved its all-time high of $8.4, subsequently plummeting by 93%. Despite this decline, it has shown an impressive recovery, currently up by 1,907% from its lowest recorded value of $0.0289.

4. Decentraland (MANA)

Decentraland has witnessed a price surge of 71% over the past year, surpassing its initial token sale value. MANA has traded above the 200-day simple moving average, showing market consistency. Furthermore, the coin marked 19 positive days out of the last 30, indicating a 63% positive performance rate. 

MANA’s price is $0.560724, marking a 7.48% intraday increase. Hence, this has resulted in a prevailing bullish sentiment in the predictions for Decentraland’s price. This is alongside a Fear & Greed Index indicating 73 (Greed).

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— Decentraland (@decentraland) December 20, 2023

Decentraland showcases robust liquidity, showcasing a market capitalization and trading volume of $1.06B and $378.95M, respectively. Regarding supply metrics, it currently circulates 1.89B MANA out of a maximum supply of 2.19B MANA. The yearly supply inflation rate is 2.05%, generating 38.01M MANA last year.

5. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix, a newly emerged cloud mining platform, presents an innovative approach by integrating tokenization to address prevalent concerns within third-party cloud mining solutions. The primary objective revolves around establishing a secure and transparent environment for individuals to engage in Bitcoin mining in a decentralized fashion.

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Furthermore, the project has garnered notable attention, evidenced by the significant stake of over 400,000 BTCMTX tokens already committed. Moreover, the reported annual percentage yield (APY) stands impressively high at 103,225%. However, it’s expected to undergo adjustments as more tokens are staked within the platform.

Regarding token allocation, Bitcoin Minetrix has allocated 42.5% of the BTCMTX tokens to fund mining operations. This emphasizes the development of the necessary infrastructure. Another significant portion, 35%, is dedicated to marketing and fostering the growth of BTCMTX. 

Exploring Security and Safety through #BitcoinMinetrix. 🔒#BTCMTX: Guarantees secure, user-controlled tradeable #Tokens.

Traditional Cloud Mining: Demands initial monetary commitments upfront.#CryptoMining pic.twitter.com/Da586paii9

— Bitcoinminetrix (@bitcoinminetrix) December 24, 2023

Additionally, 15% is allocated to incentivize active community participation. Meanwhile, 7.5% is reserved for BTCMTX staking rewards until the cloud mining platform’s fruition.

The project raised over $6,024,356 during its presale phase by offering BTCMTX tokens at $0.011 per token. During this phase, 70% of the total token supply (2.8 billion BTCMTX) was made available for investment using Ethereum (ETH) or Tether (USDT). This comes with a minimum investment of $10. 

6. Flow (FLOW)

Flow, an NFT token, has experienced a notable price movement since its last cycle low, reaching a peak of $1.011050. Market sentiment leans toward bullish, evidenced by a Greed rating of 73 on the Fear & Greed Index. With a circulating supply of 1.48 billion out of a maximum supply of 1.37 billion FLOW tokens, the platform faces an inflation rate of 42.65%. 

Regarding market performance, Flow holds the top position within the NFT Tokens sector and occupies the 30th spot in the Layer 1 sector. Notably, the token has demonstrated a 34% price increase over the last year and consistently trades above the 200-day simple moving average. Additionally, it has maintained a positive trajectory compared to its initial token sale price.

2023 by the numbers for @flow_blockchain:

🌊 45+ Million active accounts
⚡️ 200+ Million network transactions
💻 440+ Network Validators
👨‍💻 800+ Mainnet contracts deployed
💚 99.9% YTD Flow Network uptime pic.twitter.com/e55ia7wYKH

— Flowverse 🌊 – Discover Flow Blockchain (@flowverse_) December 21, 2023

Analyzing recent trading patterns, Flow has seen 18 green days within the last 30. This accounts for 60% of the period, indicating a positive sentiment. Moreover, it currently hovers near its cycle high, suggesting a strong trading position. Notably, its liquidity stands robust, reflective of its market cap ranking.

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• Source: https://insidebitcoins.com/news/6-best-cheap-crypto-to-buy-now-under-1-dollar-december-25