For crypto market investors, seeking those tokens under a dollar offers cost-effective options to diversify portfolios. However, discovering the best cheap crypto assets with potential requires time and effort. 

Hence, this article explores promising digital currencies priced under a dollar. Similarly, it uncovers their growth potential, helping traders make informed decisions.

6 Best Cheap Crypto to Buy Now Under 1 Dollar

The beginning of 2024 has witnessed substantial volatility in the cryptocurrency market, echoing historical trends familiar to seasoned investors. Several prominent cryptocurrencies have experienced upward trends. Moreover, these tokens priced under 1 dollar offer a chance for investors to enter the market:

1. Beam (BEAM)

Haven’s Compass recently teamed up with Beam, marking a significant stride for both entities. This collaboration aims to redefine the gaming experience and expand the game’s reach globally. Haven’s Compass gained traction during its Open Alpha phase, attracting around 25,000 downloads.

Each player collectively invests 50,000 hours and boasts over 5,000 concurrent players during peak times on the Epic Games Store. As the game prepares for its final launch, these partnerships are expected to elevate the gaming experience substantially. Beam’s integration of blockchain technology allows for secure in-game transactions and encourages innovation through the Beam SDK. 

This partnership boosted BEAM’s price by 8.71% recently. The sentiment about Beam’s price is neutral, and the Fear & Greed Index is 68 (Greed). Beam currently has a circulating supply of 48.80B BEAM out of a maximum supply of 62.75B BEAM. 

@MeritCircle_IO x @Immutable x @0xPolygon

We’re expanding Beam that’s available in more places to more people that will become the go-to place for any game developer that wants to integrate blockchain technology.https://t.co/CpMDlRH922

— Merit Circle (@MeritCircle_IO) December 28, 2023

Furthermore, Beam ranks #3160 in the Ethereum (ERC20) Tokens sector and #506 in the Binance Smart Chain sector. Also, it ranks #311 in the Gaming sector and #152 in the Metaverse sector. Moreover, Beam has experienced 16 positive trading days in the last 30 days, marking a 53% increase. 

It is currently trading near its cycle high and maintains high liquidity based on its market cap. The collaboration between Haven’s Compass and Beam reflects a concerted effort to enhance the gaming landscape through blockchain integration. 

2. Casper (CSPR)

Casper has shown considerable price movements over the past year, reflecting fluctuations in the crypto market. A bullish outlook CSPR’s price forecast mirrors a Fear & Greed Index score of 68, indicating a greedy market sentiment.

Looking at price trends, Casper reached a high of $0.064066 since its last cycle low while hitting a low of $0.022738. This marks the lowest point since its all-time high of $1.325450 on Mar 31, 2021, and the subsequent low on Jun 18, 2022.

In terms of performance, Casper’s price has surged by 83% over the last year. It’s currently trading above the 200-day simple moving average and has shown positive performance relative to its token sale price. In the last 30 days, it has experienced growth on 16 occasions, accounting for 53% of the observed period.

This #NewYear2024, Casper will continue to work hard to improve the ecosystem and the adoption of blockchain technology.

We will be meeting builders where they are around the world. As part of our commitment, we will continue to launch a suite of products and resources for… pic.twitter.com/E9mnJy2uxh

— Casper (@Casper_Network) January 2, 2024

Furthermore, Casper boasts a circulating supply of 11.67 billion CSPR tokens with an annual inflation rate of 9.73%, creating approximately 1.03 billion CSPR tokens in the past year. Moreover, Casper maintains high liquidity based on its market capitalization, ensuring a strong presence in the market.

3. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a novel approach to cloud mining, utilizing tokenization to address prevalent concerns within third-party cloud mining platforms. The project’s primary objective is to offer a secure and transparent environment for individuals to use Bitcoin (BTC) mining within a decentralized framework.

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Attracting notable attention, Bitcoin Minetrix has witnessed a substantial stake of over 400,000 BTCMTX tokens. Notably, the platform boasts an initial annual percentage yield (APY) of 103,225%, a figure subject to alteration with increased token staking.

Furthermore, Bitcoin Minetrix has earmarked 42.5% of BTCMTX tokens to facilitate mining operations. Another significant portion, 35%, is dedicated to fostering marketing efforts and the expansion of BTCMTX. Additionally, 15% serves as rewards for active community involvement, while the remaining 7.5% is allocated for BTCMTX staking rewards until their cloud mining platform is developed.

Just two days remaining for #BitcoinMinetrix Stage 17!

How might #Bitcoin‘s integration into #DeFi platforms impact its utility? 🤔 pic.twitter.com/v5ndjZA26e

— Bitcoinminetrix (@bitcoinminetrix) January 4, 2024

During the presale phase, the project raised over $5,638,098 by offering BTCMTX tokens at $0.011 per token. Investors had the opportunity to acquire 70% of the total token supply. These tokens are set at 2.8 billion BTCMTX, using Ethereum (ETH) or Tether (USDT), with a minimum investment of $10. Bitcoin Minetrix’s token distribution strategy notably emphasizes the strengthening of mining infrastructure and the progressive growth of its platform.

4. Sponge V2 ($SPONGE V2)

Sponge V2 has exhibited notable growth since its inception, starting with a value of $1 million. It reached a peak market capitalization exceeding $100 million in 2023. As of the latest data, it stands at $16 million, attracting a community of over 11,500 holders.

In 2023 #Sponge V1 hit a near-$100M market cap! Imagine what V2 can do.

Stake now and be part of this success story. 🚀$SPONGE #SpongeV2 #Presale pic.twitter.com/PEOem875Gt

— $SPONGE (@spongeoneth) January 4, 2024

An integral feature of Sponge V2 is the introduction of the Stake-to-Bridge model. This model seeks to facilitate the transition for $SPONGE holders to V2 by encouraging and retaining existing holders through staking mechanisms.

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The project’s roadmap outlines upcoming primary exchange listings and has garnered support from a substantial community of 30,000 members. These strategic moves position the $SPONGE V2 project for potential growth, attracting interest from prospective investors exploring opportunities in the cryptocurrency market.

5. Siacoin (SC)

Sia recently launched renterd v1.0 to overhaul storage solutions with a scalable and user-friendly design. This new renterd module promises scalability and minimal downtime through its modular setup. Furthermore, it offers an updated user interface enabling storage management across devices. Likewise, it provides S3 compatibility for seamless integration with existing tools.

Moreover, market sentiment indicates a bullish outlook for Siacoin, aligning with a Fear & Greed Index score of 68 (Greed). Over the past year, Siacoin has surged by 227%. It trades above the 200-day simple moving average, which signals a positive trend. SC also boasts high liquidity based on its market capitalization.

renterd v1.0 is here, transforming the #Sia decentralized storage landscape. A decade after siad, we’ve reimagined storage with a user-friendly and scalable architecture.

Dive in: https://t.co/qiQliAO0YY

— Sia Foundation (@Sia__Foundation) January 3, 2024

Siacoin’s promising fundamentals and robust community support hint at substantial future growth. The potential for Siacoin’s price to exceed $0.0118 by 2024, especially with potential collaborations with other networks, is foreseeable. In a continued bullish market, an expected average price of around $0.0107 by 2024 is within reach.

6. 1inch Network (1INCH)

1inch Network Token, a prominent player in the DeFi sector, has shown bullish sentiment in price predictions amidst a Greed Index score of 68. The token boasts a circulating supply of 1.13 billion 1INCH out of a maximum supply of 1.50 billion 1INCH. 

Notably, it has experienced a yearly supply inflation rate of 83.77%, creating 514.82 million 1INCH in the past year. Furthermore, the coin is Ranked #15 in the DeFi Coins sector, #4 in the Yield Farming sector, and #33 in Ethereum (ERC20) Tokens. 

Over the past year, the price has exhibited a 16% increase, maintaining trading levels above the 200-day simple moving average. Additionally, the last 30 days have seen 16 green days, constituting a 53% positive trend.

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• Source: https://insidebitcoins.com/news/6-best-cheap-crypto-to-buy-now-under-1-dollar-january-4