Best Cheap Crypto to Buy Now — Cryptos Below $1 for High Returns

In a market where high prices don’t always mean high returns, investing in the cheapest cryptocurrency can be a smart decision. Taking this into consideration, we’ve compiled a list of the best cheap crypto to buy now.

Our reviews will provide you with an in-depth analysis of these coins, evaluating their stability and track record and assessing their long-term value.

Let’s get started.

A Closer Look at the Cheapest Cryptocurrency to Buy

Identifying the cheapest crypto coin to buy can be challenging, as most coins have lost value in recent months due to adverse macroeconomic factors. However, the coins reviewed in this section are arguably the best cryptos to buy in the crash since their use cases and community engagement hint that they could be trading at a discount.

With that in mind, let’s examine the cheapest crypto to invest in that could be set for a rebound in the near future.

1. Pepe Unchained ($PEPU) — Cheapest Crypto Coin With Its Own Layer-2 Chain

If you want to find the best cheapest crypto to buy, consider Pepe Unchained ($PEPU). It features Pepe the Frog, but now much smarter and free from his chains. The project is built on Layer-2 blockchain on top of the Ethereum network.

Layer-2 solutions are impeccable in terms of speed, security, and scalability. The volume capacity is 100 times faster than ETH, and the fees are also extremely low.

The project comes with enormous staking rewards, and this is the first Pepe token to have its own chain.

Pepe Unchained is the lowest-price cryptocurrency, with its price standing at $0.01177 at the moment. Currently available during its presale phase, consider checking out Pepe Unchained for the lowest price cryptocurrency.

3. Catslap ($SLAP) — Cheapest Cryptocurrency to Invest With a Strong Social Media Presence

What is the cheapest cryptocurrency to buy right now? Catslap is one of them. The $SLAP token is built on Ethereum and aims to dominate the meme coin market. In fact, its goal is to achieve in a matter of weeks what other cat-themed meme coins like $MOG or $Popcat didi in a 6-month period. 

Its 24-hour trading volume has reached $4.05M. There are almost 6,000 $SLAP holders, and the project has over 8,600 followers on X and almost 1,200 followers on Telegram. 

The total token supply is 9 billion, well-distributed among the community and staking rewards, development fund, liquidity, and team. Even though new cryptos sometimes carry risks, Catslap’s collaboration with Best Wallet led to the token undergoing Best Wallet’s auditing and screening. 

The $SLAP token’s price is $0.00517689, and buying the token is simple: users should only download Best Wallet, click Upcoming Tokens, and use a card or crypto to buy $SLAP tokens.

3. Crypto All-Stars ($STARS) — Designed for Maximum Accessibility, $STARS Holders Can Triple Their Staking Rewards

If you want to find the best cheap cryptocurrency to invest in before the bull run, opt for Crypto All-Stars. This project has piqued the interest of both professional and novice investors with its groundbreaking feature called the MemeVault.

The MemeVault is a staking protocol that enables investors to stake multiple meme coins in exchange for $STARS tokens. $STARS tokens will also be stackable, which is recommended, as it will triple the staking rewards.

The goal of this project is to create a unified meme coin ecosystem under a singular hub, where different meme coin communities will be able to connect. Moreover, the $STARS token is designed to foster both growth and engagement.

This token has a total supply of 42,069,696,969, of which 20% will be reserved for presale. Early investors will be able to buy $STARS tokens at a cheap price, which currently amounts to $0.0015248per token.

4. Flockerz ($FLOCK) — One of the Cheap Coins to Buy Now With an Impressive Vote-to-Earn System

Flockerz is a revolutionary crypto project that aspires to redefine decentralization with its unique Vote-to-Earn system. This mechanism puts the community in the driver’s seat, empowering it to make all decisions regarding Flozkerz, including expansion plans, token burns, new features, marketing strategy, and key project developments. Meanwhile, the users will be rewarded for voting.

The project’s presale has been quite successful, raising more than $410,000 so far, making $FLOCK one of the hottest cryptocurrencies right now. The current price of $FLOCK is extremely low, so investors should take advantage of it and buy the token. They can also stake their tokens, as rewards come with an amazing APY. Of the total 12 billion token supply, 20% is reserved for Flockerz’s presale and 25% for staking.

The project has a three-step roadmap with many milestones. The third step will disclose that the token is ready for public trading.

5. Best Wallet Token ($BEST) – Cheapest Coin to Buy, Allowing Users to Vote on Project-Related Decisions

Best Wallet Token is Best Wallet’s native token with an in-app utility. It offers many advanced features, one of which is the Upcoming Token section, through which users can access exclusive presales of many promising cryptocurrencies. 

Furthermore, users can vote on project-related decisions with the governance rights they get, thus controlling the project’s movement and development. The platform offers many accessible learning resources that are excellent for beginners and veterans. Also, the high staking rewards allow users to get higher APY staking opportunities in the platform’s aggregator. 

The ongoing private sale allows Best Wallet users to buy $BEST through the Best Wallet app before the launch of the public presale in December. The presale comprises 100 stages, each presenting a price growth. 

6. Sponge V2 ($SPONGEV2) — Combining High 182% Rewards With a P2E Game

Getting your hands on the revamped Sponge token isn’t your typical presale affair. You’ve got two straightforward options: either buy and stake Sponge V1 through the Sponge.vip website’s Buy widget or stake your existing Sponge V1 tokens via the website.

With Sponge V2, you’re not just holding a token; you’re part of an ecosystem that’s all about fun, community, and, of course, gains.

The current price is ridiculously cheap: $0.000015 — a significant increase from the launch price of Sponge V1. As the presale stage is coming to an end, over $20 million has already been staked and bridged.

7. FreeDum Fighters — Cheapest Cryptocurrency That Will Explode, Offering Secret Airdrops

FreeDum Fighters is a new project that is inspired by the ongoing presidential race in the United States. Users can stake $DUM, the native token of FreeDum Fighters, and vote for Kamacop 9000 or Magatron, two robotic political parties. The pool with more votes will have a lower APY and vice versa. 

Users can gain secret airdrops by participating in weekly debates, polls, and playing quizzes. Also, this ERC-20 token is linked to real-life occurrences, which fosters user engagement during the election period. $DUM is available in several chains, such as Solana, Base, Ethereum, and BSC. The 270 billion token supply is well distributed among staking and liquidity pools, presale, debate rewards, CEXs, airdrops, rewards, and incentives.  

The presale is now in the first of its four stages. The initial $DUM price is $0.00005, and the last will be $0.000125. 

What Is Considered a Cheap Cryptocurrency?

Cryptocurrencies are valued based on their supply and demand, utility, availability, and popularity. Since Bitcoin’s current price of more than $63,000 sets a high standard, most altcoins are considered cheap. However, the term cheapest altcoins usually refers to tokens that trade under $1. The cheapest cryptocurrencies will also have small market caps (under $1 billion) and low transaction fees.

Keep in mind that the price of almost all new tokens during the presale will be below $1. However, this doesn’t mean that their value will remain the same after they are listed on crypto exchanges. So, if you want to buy the cheapest tokens, you should do so before they get listed.

Best Investing Strategies for Cheap Crypto

You can find the best cheap crypto to invest in 2024 by following different strategies. First of all, you need to follow trends to understand the dynamics of the crypto market. You can use different tools to analyze market trends, such as candlestick charts, SMA, and MACD. By utilizing multiple technical analysis tools, you’ll be able to identify the upward and downward trends.

That said, at the time of writing, the most popular trends include DeFi and AI-powered projects, NFTs, Solana-based meme coins, and Layer 2 tokens.

Since cheap cryptocurrencies are very volatile, you can profit from their price fluctuations. To do that, you need to use short-term investment strategies, such as day trading and scalping. Day trading is a technique that involves buying and selling tokens within the same day. This means that you’ll buy a token when its price is low and sell it when its price goes up. The scalping technique reduces this time frame to 5 to 30 minutes. On that note, scalpers profit by buying tokens at their bid prices and selling them at their ask prices.

When Is the Best Time to Invest in Cheap Cryptocurrencies?

The best time to buy crypto is at the beginning of the week. Why? Because the trading activity is lower than usual. Statistics also show us that it’s best to invest in cryptocurrencies during April and November. Keep in mind that these statistics are based on previous trends, which makes them prone to change.

With that in mind, the best time to buy cheap cryptocurrencies is during their presales, when their price is the lowest. This rule especially applies to projects that use tiered structures, i.e., a model in which the token price gradually increases in each subsequent stage. You’ll also be able to stake your presale tokens, which will enable you to earn passive income. The earlier you invest in the project, the higher APY you’ll earn. Moreover, you’ll be able to sell your staked tokens once the presale ends to maximize your profits.

Risks of Investing in Cheap Crypto

Investing in cheap cryptocurrencies, especially newly launched projects, can be risky. First, they are more prone to price fluctuations since most of them are based on hype and FOMO. Second, new crypto projects don’t have a historical track record, making it hard to predict their future prices.

Moreover, cheap cryptocurrencies with no use cases are more prone to scams. This is why you should avoid investing in projects that don’t have a whitepaper that clearly states their goals, how they plan to distribute their tokens, and how their roadmap will unfold. You should also match a crypto asset with its corresponding ticker symbol to avoid scams. You can manage risks by diversifying your portfolio, investing only what you can afford to lose, and avoiding FOMO.

Why You Should Pay Attention to Smaller Cryptocurrencies

Investing in cheap cryptocurrencies comes with many benefits. Since they trade below $1, everyone can buy them. Investors can also get involved in crypto projects during their development phase, becoming part of the community and influencing the way the project develops.

Cheap cryptocurrencies also bring higher ROI, and if they manage to achieve widespread adoption, they can become a lucrative long-term investment. Likewise, a low price indicates a high circulating supply, which equals higher liquidity and easier trading.

Conclusion

We’ve looked at the cheapest crypto to buy out there, hoping to give you a better grasp of what these coins are about and whether they are right for your investment plans. However, keep in mind that crypto can be a rollercoaster, so always take it slow, and remember to do your homework. 

With all its utility and promise as the cheapest cryptocurrency that you don’t want to miss, we select Pepe Unchained.

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