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6 Best Cheap Crypto To Buy Now Under 1 Cent in September 2023 – Inside Bitcoins

September 4, 2023
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While Bitcoin (BTC) often steals the spotlight in cryptocurrency, there’s a world of potential beyond it. (you can also check our most recent best altcoins to invest In roundup, where we discussed the next altcoins to explode.)

Right now, the cryptocurrency market as a whole is in a consolidation phase, mainly under the influence of Bitcoin, which has been struggling to break the $30,000 mark.

It’s important to note that there have been short-term gains in the market, particularly in response to positive news about a spot Bitcoin Exchange Traded Fund (ETF). However, despite the overall market downturn, experts agree that the industry may see a resurgence in the coming months.

According to a report by Yahoo Finance, Turkey has seen a noticeable surge in cryptocurrency adoption. Over the past year and a half, the percentage of crypto users in the country has risen from 40 per cent to 52 per cent. 

5 Best Cheap Crypto To Buy Now Under 1 Cent in September 2023

Considering this, several cryptocurrencies out there are affordable, offering investors an opportunity to profit when the market recovers. Here are five cryptocurrencies priced under $0.10 that you should consider adding to your portfolio next week.

1. VeChain (VET)

In today’s market update, VeChain (VET) is trading at $0.015, with a 24-hour trading volume reaching $21M. Over the past day, VET has experienced a modest 1.03% price increase, while its performance over the last week shows a slight decline of -0.43%. The total market capitalization for VeChain stands at $1,136,056,339, with a circulating supply of 73 billion VET tokens.

VeChain Price Chart

VeChain is on a mission to tackle data challenges across various global industries, including healthcare, energy, food and beverage, sustainability, and SDG goals. It aims to achieve this by leveraging distributed governance and Internet of Things (IoT) technologies to create a robust ecosystem for trustless data sharing, crucial for the fourth industrial revolution’s real-time data needs.

To achieve its goals, VeChain operates using two tokens, VET and VTHO. VET serves as both a store of value and a means for transferring value, while VTHO is used to cover GAS costs, eliminating the need to use VET for data transactions. This approach not only streamlines operations but also ensures stable network usage costs by allowing adjustments to factors like the amount of VTHO needed for transactions through community votes involving all stakeholders.

On August 24th, VeChain unveiled a critical collaboration. They have joined with SingularityNET, a decentralized platform that shares AI services.

In a joint statement, the two companies outlined their strategic partnership’s purpose: to amalgamate VeChain’s expertise in enterprise data management with SingularityNET’s advanced AI algorithms. This alliance aims to streamline manual processes by enhancing automation and delivering real-time data solutions.

2. LaunchpadXYZ (LPX)

Launchpad XYZ offers an extensive toolkit for traders, but its platform’s mission goes beyond catering to crypto investors. The platform aims to create an accessible and carefully curated gateway to the best projects in the blockchain space, allowing users to self-custody their assets. From NFTs to play-to-earn games, Launchpad XYZ provides an impartial window into the latest experiences offered by Web3.

The LPX token is currently in its presale phase, hosted by Launchpad XYZ. This phase offers potential buyers a variety of payment options, and it’s important to note that out of the total 1.025 billion tokens, 250 million are expressly set aside for this presale opportunity.

During this presale period, each LPX token is available at a fixed price of $0.0445, but once it hits the market, that price will increase to $0.056. Additionally, an attractive 19% bonus is on offer for those who make their purchases within the current timeframe. Up to this point, the presale has successfully raised approximately $1.5 million in funding.

The funds generated from this presale will be allocated toward the development of the LPX platform, with a portion also going to the project team. Moreover, there are plans to utilize these funds for marketing initiatives, user acquisition, and activities associated with market-making.

3. Tron (TRX)

As of today, the value of TRON (TRX) stands at $0.076818. Over the past 24 hours, it has seen a minor decrease in price by -0.10%, and in the last week, it’s dipped by -0.37%. TRON has 89 billion TRX tokens in circulation, giving it a market cap of over $6M. 

Tron Price Chart

The TRON platform has a clear mission: to create an ecosystem that’s open to everyone and delivers tangible benefits. On TRON, users can tap into various DApp functions that make life more convenient and cost-effective. What sets TRON apart is its reputation for security within public blockchains. This robust security is rooted in a decentralized network structure, ensuring data integrity through advanced cryptography techniques.

TRON’s architecture comprises three layers: core, storage, and application. It follows the Google Protocol Buffer and offers native support for multiple languages. One of its standout features is introducing a virtual machine called TVM, custom-designed for TRON’s ecosystem. TVM effortlessly integrates into the development environment, catering to a global community of developers with a blockchain system emphasizing convenience, stability, and security. Moreover, TVM is designed to be lightweight, minimizing resource consumption while delivering peak performance.

TRONIX, often called TRX, is the primary token native to the TRON protocol. Initially an ERC-20 token on the Ethereum blockchain, TRX plays a pivotal role in connecting the entire TRON ecosystem. It powers various transactions and applications within the TRON network, enabling various use cases, including credit card payments, TRON ATM usage, token issuance on TRON, voting rights, and much more.

4. Pepe Coin (PEPE)

Pepe Coin’s rapid rise to prominence can be attributed to high-profile acquisitions that garnered significant attention within the cryptocurrency community, particularly on social media platforms like Twitter.

Pepe Price Chart

The unofficial roadmap for Pepecoin can be broken down into three distinct phases. Initially, the focus was on launching the coin and promoting it extensively through Twitter. In the second phase, the project shifted its attention towards forming strategic community partnerships and striving for prominent centralized cryptocurrency exchanges (CEXes) listings. Finally, the third phase’s objective is establishing a Pepe Academy and actively promoting Pepe-themed merchandise.

Pepe the Frog, initially created by artist Matt Furie for his comic book “Boy’s Club” in 2005, began as a portrayal of a peaceful and good-natured frog character. It gained widespread popularity as an internet meme, spreading across various social media platforms.

However, during the 2016 U.S. presidential election, Pepe the Frog was co-opted by various online communities and used in numerous memes containing hate speech, racist ideologies, and other discriminatory content. In response, Matt Furie partnered with the Anti-Defamation League (ADL) to reclaim the character’s original, more positive context. This effort included initiatives such as the “Save Pepe” campaign.

While Matt Furie holds the legal right to pursue compensation for any commercial use of his creation, he does not currently seem to be actively pursuing copyright claims against the creators of Pepe Coin.

5. Hedera Hashgraph (HBAR)

In August 2018, when the Hedera network first went live, it introduced 50 billion HBAR coins, which has remained constant since. About 45% of these coins were allocated to investors and the Hedera team, while the remaining 55% were reserved for Hedera’s treasury.

Hedera Price Chart

Hedera entered the trading scene in September 2019, with its value generally hovering below $0.03 until the crypto boom of 2021. During this boom, in April 2021, HBAR saw its price peak at $0.40. However, it experienced a drop to $0.17 in July of the same year. Later, in September 2021, it surged once more, reaching a high of $0.57. Unfortunately, like many other cryptocurrencies, it couldn’t sustain these highs and, eight months later, had fallen to $0.13.

Hedera distinguished itself by implementing a “directed acyclic graph” (DAG), an alternative to traditional blockchain technology. The main aim was accelerating the network’s transaction validation as it scales. Dr. Leemon Baird, a co-founder of Hedera and its former chief scientist, played a leading role in developing this technology.

Hedera has a long-term token distribution plan spanning 15 years. In 2018, it raised $124 million through several initial coin offerings (ICOs). These ICOs were structured as “simple agreement for future tokens” (SAFTs) offerings, indicating that the tokens would be distributed gradually, with specific lockup periods.

6. Cronos (CRO)

Over the past 24 hours, Cronos CRO has shown a slight increase of 0.41%, bringing its price to $0.050. While this may appear to be a modest gain, it could signal a change in direction after significant declines for CRO over the past month and half-year.

Cronos Price Chart

CRO currently holds a market capitalization of $1.28 billion, securing its position among the top 30 cryptocurrencies globally. However, the trading volume within the last 24 hours amounted to $1.03 million, notably lower than CRO’s usual daily trading activity. This decreased trading activity is likely contributing to the relatively subdued price movement observed in the past day.

Taking a broader view, the past month has witnessed an unexpected drop in CRO’s price, with a decline of -13.808%, equivalent to an average decrease of $0.011. This downward movement may indicate an opportune moment for potential investors seeking short-term gains.

Examining the price range over the past 90 days, we observe fluctuations from an average low of $0.057 to an average high of $0.059, representing a change of approximately 17.60%.

Zooming to a quarterly perspective, Cronos has demonstrated a consistent upward trend, aligning with similar market segments. Recent data also highlights an upswing in Cronos’ trading volume over the last four months, underscoring the role of trading activity in influencing the asset’s value.

There is ongoing speculation that Cronos may experience a significant price increase by 2025. By consistently improving its platform, it could secure a spot among the top 15 cryptocurrencies while maintaining a commitment to transparency and honesty in its service offerings.

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