Amid increasing institutional investment, Bitcoin open interest on the Chicago Mercantile Exchange (CME) has surged, driving futures premiums to their highest levels in five months. This growth signals strong optimism regarding Bitcoinâs short-term potential.
Simultaneously, The Open Network (TON) has seen significant popularity growth throughout 2024. As of October, the number of $TON token holders has surged by 2,400%, reaching over 90 million. This upward trajectory began in January, with a major spike in June, and by October, the number of holders surpassed 84 million. Given these developments, investors are exploring affordable tokens, seeking the best cryptocurrencies under $1 to buy now. Below are the six most promising options:
### 1. Pyth Network ($PYTH )
Pyth Network offers an advanced Oracle solution that delivers precise price information by aggregating data from exchanges, market makers, and trading firms. Notably, it employs confidence intervals to account for price volatility and uncertainty, maintaining accuracy even in highly volatile markets.
Pyth sources data directly from primary providers, ensuring timely and reliable updates. Initially deployed on Solana and Pythnet, the network has expanded its reach across multiple blockchain ecosystems using Wormhole technology. This multi-chain functionality allows developers across various chains to leverage Pyth's data.
Currently, PYTH is priced at $0.353252, reflecting a 1.89% increase in the past 24 hours. The network's bullish sentiment is reinforced by a Fear & Greed Index score of 73, indicating a market leaning towards greed. Over the last 30 days, PYTH has closed higher than its opening price on 16 days, or 53% of the time.
### 2. Mantle (MNT)
Mantle (MNT) is currently valued at $0.624985, showing a 2.87% gain over the past 24 hours and a 92% increase over the last year. Over the past 30 days, Mantle has recorded 19 green days, with a daily close higher than the opening price 63% of the time.
The price forecast for Mantle suggests a trading range between $0.623379 and $0.81151 for the upcoming week, with the potential for a 30.18% increase, reaching $0.81151 by October 21, 2024. The following week, the forecast ranges from $0.81151 to $0.95804. Achieving the upper target could drive an additional 18.06% increase, pushing the price to $0.95804 by October 28, 2024.
MoonPay, a leading crypto payments firm, has partnered with Ripple to enhance accessibility for XRP. This partnership allows users to purchase, store, and manage XRP within the MoonPay app, simplifying the process for both new and existing users.
XRP is priced at $0.547609, with a 1.19% increase in the past 24 hours and a 12% gain over the past year. XRP has demonstrated strong market activity, recording 15 green days in the last 30 days, and benefits from high liquidity supported by its substantial market cap. This suggests strong market engagement and ease of trading for XRP holders.
TRON (TRX), the native token of the TRON blockchain, continues to gain traction due to its focus on fast transactions and support for decentralized applications (dApps). Aimed at empowering digital content creators, TRX is trading between $0.16 and $0.17, with a 44.41% increase over the past six months.
The token approaches a resistance level at $0.17, with support around $0.15. Key technical indicators, such as the Relative Strength Index (RSI) at 39.44 and the Stochastic at 26.93, suggest a potential upward trend. Despite a slightly negative MACD reading of -0.0006374, TRXâs overall performance points to growth prospects in an evolving market.
TRX sentiment remains bullish, with a Fear & Greed Index score of 73 (Greed). It has risen 81% over the past year and is trading above its 200-day simple moving average. In the last 30 days, TRX has had 17 green days, closing above its opening price 57% of the time. High liquidity, backed by its market cap and availability on major exchanges like Binance, further bolsters its market position.
Stellarâs blockchain is being integrated into Mastercardâs Crypto Credential System, through a partnership between the Stellar Development Foundation and Mastercard. This collaboration aims to enhance the user experience for cryptocurrency transfers by simplifying the process, enabling users to complete transactions using only the recipientâs email address.
Stellarâs price is currently at $0.094302, reflecting a 1.09% increase over the past 24 hours. Over the last 30 days, Stellar has recorded 17 green days, indicating strong market interest. The impact of this integration is expected to unfold gradually, enhancing Stellarâs appeal as a platform for compliant and secure remittance services.
### Conclusion: Best Low-Cost Tokens in 2024
These six cryptocurrencies under $1 offer promising growth potential in 2024. From innovative blockchain solutions like Pyth Network and Mantle to popular, accessible tokens like XRPï»ż and TRONï»ż, these assets provide diverse opportunities for investors looking for affordable entries into the market. Whether targeting the utility of fan tokens or betting on emerging meme coin projects, investors have a range of options to consider for their portfolios.#MemeCoinTrending #altsesaon #TON 
