Market Overview: Crypto Prices Remain Steady
The market is yet to experience any significant price movements as the weekend’s price action spills into the new week. Bitcoin (BTC) holds steady at the $64,000 boundary, while other cryptocurrencies are gradually moving toward mid-range levels. DeFi assets continue to lead the way.
Despite the sideways trend, some top-performing cryptos today have seen exciting gains. This post offers insights into the price action of 6 cheap cryptos to buy now, focusing on the price gains and volume profiles of each token over the last 24 hours.
6 Best Cheap Cryptos to Buy Now
This section highlights projects with a high potential for exceptional future performance, including insights into the PlayDoge token and its recently concluded presale. Find more details about each project below:
1. Nuls (NULS)
Nuls is one of the fastest-growing blockchain infrastructures, offering customizable services to creators within the crypto ecosystem. Its modular architecture enables smart contracts to operate across different blockchain networks. The ChainBox feature allows users to create projects faster and at a lower cost.
Today, Nuls is one of the best-performing cryptocurrencies, with total gains exceeding 60% in the last 24 hours. The demand for the token surged after Binance announced the listing of its NULSUSDT perpetual contract. Investors holding Nuls in their portfolios have an opportunity to ride the wave to higher profits. Additionally, Nuls is experimenting with new projects to boost its market value.
- Price increase: Over 60% in the last 24 hours
- Trading volume increase: Over 1080% intraday
- Market outlook: Positive, with potential for further gains
2. Jupiter (JUP)
Jupiter is known as the industry’s most advanced swap engine, playing a crucial role in the DeFi sector through its swap aggregation services. According to its CoinMarketCap page, JUP is working on bringing additional products to the market, including Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
With these developments, Jupiter’s service demand is likely to increase, benefiting the JUP token. Currently, Jupiter is priced at $0.906403, with a trading volume of approximately $96,672,395. The token’s performance today has given it more momentum as it moves toward the $1 mark.
- Current price: $0.906403
- Trading volume: $96,672,395
- Price target: Potential to cross the $1 mark
3. Zksync (ZK)
Zksync is one of the most anticipated cryptocurrencies of the year. Although it initially underperformed, causing early investors to incur losses, current trends suggest ZK has a chance of becoming one of the best-performing cryptocurrencies in the coming months.
ZK has regained over 40% of its lost value and shows significant strength in sustaining the upside. The token’s market cap has now surpassed half a billion dollars, indicating strong potential for future gains. Investors should keep ZK on their watchlist to monitor its price movements this quarter.
- Price recovery: Over 40% of lost value regained
- Market cap: Over $500 million
- Future outlook: Positive, with potential for further growth
4. PlayDoge (PLAY)
The PlayDoge presale concludes today, offering investors a final chance to participate. According to a post on the project’s official Twitter handle, PLAY token claims and DEX listings will go live on Thursday, August 29th, at 10 am.
PlayDoge offers a unique Play-to-Earn (P2E) experience, combining a fun gaming environment with the benefits of a digital crypto economy. The platform’s free P2E game features a 2D retro layout, enhancing the community experience. The PLAY token had a successful presale, raising over $6,193,870.86, with a closing price of $0.00531.
- Presale closing price: $0.00531
- Total funds raised: $6,193,870.86
- Upcoming listings: Claims and DEX listings on August 29th
5. Fantom (FTM)
Fantom is a strong contender in the smart contract market, competing with platforms like Ethereum (ETH). The project uses a Direct Acyclic Graph framework, allowing it to operate a unique consensus algorithm. Fantom’s growing influence positions FTM as a top cryptocurrency to watch.
FTM’s price increased by over 10% in the last 24 hours, marking its third pump in the past week. The token’s market cap currently stands at $1.3 billion, with a high probability of further gains in the coming days, particularly with increased DeFi sector activity.
- Price increase: Over 10% in the last 24 hours
- Market cap: $1.3 billion
- Future outlook: Potential gains with DeFi sector growth
6. Telos (TLOS)
Telos outperformed many major cryptocurrencies today, recording over a 50% price increase. Telos is a zero-knowledge proof of technology, providing scalability and data protection to blockchain-based projects. It aims to power upcoming decentralized applications.
Telos’ move into the AI space likely contributes to its current price trends, with plans to explore ZK technology in AI, particularly in the financial market. Recent listings and partnerships have also boosted TLOS’s trading volume by over 50% today, with further exchange listings expected soon.
- Price increase: Over 50% today
- Technology: Zero-knowledge proof with AI integration
- Future outlook: Positive, with potential for further exchange listings
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