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Top 10 cheapest cryptocurrency to buy now

Cash does not have to stop you from trading cryptocurrency. You can start your crypto investment journey no matter how much you earn. All you need is a few cents. If you have some cash to spare, consider these top 10 cheapest cryptocurrencies you can buy right now. 1. VeChain (VET) The price of VeChain…

Cash does not have to stop you from trading cryptocurrency. You can start your crypto investment journey no matter how much you earn. All you need is a few cents.

If you have some cash to spare, consider these top 10 cheapest cryptocurrencies you can buy right now.

1. VeChain (VET)

The price of VeChain (VET) as of December 28, 2021, is $0.09. Imagine what you can do with just $100. VeChain can be used in finance, as well as other areas.

VeChain enables businesses to collaborate digitally to facilitate data transfer and supply chain management. VeChain is used by companies such as LVMH, ND Walmart, and BMW. It uses the proof-ofauthority mining model. It has a limited supply of 86.7 billion VET tokens.

VeChain is ranked 32nd with a market cap of $6b; having such a low cap means it is still bound to grow. It hit an all-time record of $0. 28 in April 2021.

2. Dogecoin (DOGE)

With the buzz around the Dogecoin (DOGE), it is still very cheap to invest in. Dogecoin cost $0. 18 as of December 28, 2021. It is ranked 12th with a market cap of $24b. It is predicted that DOGE might hit the $1 mark by mid-2022, so there’s so much potential for gain.

Tesla’s boss, Elon Musk, announced his support for this token and expressed his desire to work with developers. Its price was raised to $0. 73 in May 2021. It is still a cryptocurrency, although there are concerns about its limited supply. However, it can still be traded and used as a store of value.

A total supply of 100 billion DOGE was released at the time of launch. However, the inflationary status of the DOGE has meant that over 5 billion DOGE have been released each year since then.

3. Cardano (ADA)

Cardano’s price is still quite affordable, especially considering its future prospects. Its price as of December 28, 2021, is $1.51. It is ranked 6th with a market cap of $48.4b. It has a total supply of 45 billion, with 32.1 billion currently available. In September 2021, it reached an all-time high of $3.09.

Cardano, developed by Jeremy Wood and Charles Hoskinson in 2017, is a third-generation blockchain. It is the first protocol that uses Ouroboros, a proof of stake algorithm. It is designed to be flexible, secure, scalable, efficient, and energy-efficient. Additionally, it happens to be one the most promising and cost-effective cryptocurrencies currently available.

4. Decentraland (MANA)

Decentraland’s price as of December 28, 2021, is $3.67. It is ranked 42 with a $4.8b market cap. The total supply is 2.2 billion, with 1.3 billion in circulation.

Decentraland was the first platform that is completely owned by its users. It is a 3D-world. It has been in development since 2017 by the Decentraland Foundation, founded by Esteban Ordano and Ariel Meilich. However, it was made public in January 2020. Decentraland, a virtual world built on the Ethereum blockchain, is called a metaverse. It is currently one of the most affordable cryptocurrencies that you can invest in.

5. Polygon (MATIC)

The price of MATIC as of December 28, 2021, is $2.65. It is ranked 14 and has a market cap of $18.2b. Out of the 10 billion set for total supply, 6.9 billion is already in the market. It hit an all-time record of $2. 92 on December 27, 2021.

Polygon was formerly known as the Matic Network when it was created in 2017 in India. But it was rebranded as Polygon in February 2021. It is a layer-2 protocol for blockchain that was created to add on layer to the Ethereum blockchain. It was created to increase its size, efficiency and security.

6. Polkadot (DOT)

Polkadot allows users to create and manage their own blockchain. As of December 28, 2021, the price of DOT is $29.40. The total supply is 1.1 billion. It peaked at $54. 98 in November 2021. It is currently ranked 10th with a market cap of $31.4b.

This is a “blockchain made up of blockchains”. It was created to solve the blockchain dilemma of security, scalability and decentralization. There are two types of blockchain structures: parachain (user-blockchain which uses the main network’s resources) and relay chain (main network where transactions are processed).

7. Chainlink (LINK)

Chainlink, an oracle framework that makes data and information from non-blockchain sources accessible to smart contracts, is $33. LINK’s price as of December 28, 2021, is $22. 19, and it is ranked 19th with a market cap of $10.3b. 467 million of the 1 billion total supply is currently being circulated. It reached an all-time high of $52. 70 in May 2021.

8. Fantom (FTM)

The price of FTM as of December 28, 2021, is $2.27. In October 2021, it peaked at $3.46. It currently has 2.5 billion in stock. It is ranked 33rd and has a market cap of $5.79b.

It’s a blockchain that can be used to create digital assets and dApps. It is a high-performance modular, secure, open-source, eco-friendly, smart contract network that is scalable, flexible, secure, scalable, scalable, secure and open. This blockchain’s consensus mechanism is composed of Asynchronous Byzantine Fail Tolerant (aBFT), Proof-of-Stake, or (PoS) and is known as Lachesis. It also has Fantom Virtual Machine to develop dApps, just like Ethereum. FTM is the native token. Asides from being a mainnet coin, it is available as an ERC-20 token and a BEP-2 token.

9. Shiba Inu (SHIB)

The price of SHIB as of December 28, 2021, is $0.00003562. It rose to $0. 00008616 It rose to $0.01 when Elon Musk posted a Floki (a Shiba Inu dog) on Twitter. It is currently ranked 19th with a market cap of $19.7b. It has a total supply in 100000 trillion, while 549149.6billion is currently in circulation.

Shiba Inu, a meme coin associated to the Japanese Shiba Inu breed of dog. It is an Ethereum-based token. Three tokens make up the Shiba Inu ecosystem: SHIB LEASH and BONE. The ecosystem also includes platforms such as ShibaSwap and Shiba Inu Incubator. It is limited in its use, but it is very affordable and could make great returns if it’s price rises in the near future.

10. The Sandbox (SAND)

The price of SAND as of December 28, 2021, is $6.07. Out of the 3 billion total supply, 919.5 million us currently in circulation. In November 2021, it reached an all-time high of $8.40. It has a market cap of $5.6b and is ranked 35th.

The Sandbox is an Ethereum-based play-to-earn metaverse. VoxEdit allows users to create and animate 3D objects, and the Sandbox Marketplace allows assets to be traded and published. Game Maker is an application that allows users create 3D games free of charge. The ecosystem is powered by an ERC-20 token- SAND. It can be used to trade ASSETS and play games, purchase LANDS, create avatars, and buy LANDS. It can also be used as a governance token on the Sandbox DAO.

Before you purchase any of these coins, make sure you have enough cash. Cryptocurrency is a risky investment. It is possible to make as much from crypto as you lose. Before buying any coins, do your research.

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Algotech (ALGT) raises over $500k in a single day during ongoing presale

San Fransico, California, April 9th, 2024, Chainwire Algotech (ALGT) has emerged in the limelight again with the milestone of raising $500,000 in a single day during its ongoing presale. In less than four weeks of the current presale, Algotech has raised over $3.5 million. Algotech’s Journey Algotech was launched as an initiative by successful traders…


San Fransico, California, April 9th, 2024, Chainwire

Algotech (ALGT) has emerged in the limelight again with the milestone of raising $500,000 in a single day during its ongoing presale. In less than four weeks of the current presale, Algotech has raised over $3.5 million.

Algotech’s Journey

Algotech was launched as an initiative by successful traders and technology experts who wanted to democratize access to advanced trading tools for layman users. The team wanted to provide beginning traders with the same high-tech tools that are used by hedge funds and large-scale investment firms. Combining this with the effectiveness of blockchain technology, Algotech has set its sights on becoming the leading platform by bridging together AI and blockchain technology in the trading segment.

Bringing Together AI and Finance

Millions of new users are embracing blockchain technology for its groundbreaking potential. However they still have to rely on traditional exchanges that design the ecosystem to favor institutional investors. Algotech is rectifying this challenge by introducing the first artificial intelligence (AI) based exchange that will allow users to have advantages in trading. The platform makes it simple for users to invest in cryptocurrencies and receive automated investment guidance.

Algotech’s Key Features

What makes Algotech a standout leader in the segment is the core features that have been introduced for traders. Imagine a trading landscape where regular traders have access to the same tools and resources as hedge funds and large-scale institutional investors. These tools conventionally have massive fees and are only available to a limited number of institutes. This is precisely the challenge that Algotech is working on addressing.

Here are the core features that are making Algotech is working on:

Breakout Detection

The breakout detection feature relies on advanced algorithms that factor in over 1000 unique data points to identify breakout opportunities. These algorithms have been trained on H100 GPUs to ensure that traders can get accurate investment calls for high-precision calls.

Hedging

Algotech allows traders to minimize investment risk by monitoring funding levels, liquidity, and spread. These factors generate warnings and allow users to implement advanced risk management including automated stop-losses.

High-Volume Arbitrage

This feature allows users to take advantage of the difference in pricing between different platforms using Algotech’s technical APIs. With high positioning sizing, users can handle trades with ease.

The Growing AI Blockchain Segment

The growth of the AI sector has been exceptional. In the past few years, the sector has grown multifold, and today, it has a market cap of over $25 billion, according to CoinGecko. In the coming few years, this number is expected to explode further as millions of new users are now looking for AI-based features in their day-to-day applications. One of the biggest sectors under the spotlight is the trading sector. The global cryptocurrency exchange segment is currently valued at over $45 Billion and is expected to reach $110 Billion in 2028. Additionally, beyond just cryptos alone, AI blockchain technology is also expected to serve as the backbone of the global trading ecosystem. This is where Algotech expects to bridge the gap by introducing AI-based trading features. These features will allow beginner traders to have an even playing ground against leading institutional investors and seamlessly invest using AI as their guide.

About Algotech

As Algotech continues its journey to transform Decentralized Finance (DeFi) with its innovative products, it is exciting to see the community support for this mission. The platform is democratizing access to trading tools for individuals across the world by providing AI features. Additionally, Algotech is making investing inclusive for the broader community by making it simple for users to become an early part of the community by providing governance rights and profit shares. As the project moves through its phases, we can only look toward the achievements that are on the horizon for Algotech, a true AI-blockchain project.

Visit the links below for more information about Algotech (ALGT): 

Algotech is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in cryptocurrencies is volatile and risky.

Contact

Algotech


Algotech Solutions


[email protected]


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IOTA price nears a key support: Can bulls bounce on key news?

IOTA price is down 4% in the past 24 hours and trades near $0.30. The IOTA team announced a key partnership in Singapore,but is the price set to bounce or dip futher? IOTA’s price has declined 5% in the past 24 hours to trade near a key support level. The slip now has weekly gains…


  • IOTA price is down 4% in the past 24 hours and trades near $0.30.
  • The IOTA team announced a key partnership in Singapore,but is the price set to bounce or dip futher?

IOTA’s price has declined 5% in the past 24 hours to trade near a key support level. The slip now has weekly gains cut to just 2% while the altcoin has turned red on the monthly time frame.

The IOTA token trades at $0.31, down from recent highs of $0.41. This cryptocurrency is also one of the worst performing since the 2017 bull market. Per data from CoinGecko, IOTA is down more than 94% since its all-time high above $5.25 reached over six years ago.

On Tuesday, IOTA announced a major partnership with Tenity as it looks to tap into the growth potential in the Real-World Assets (RWAs) and DeFi sectors. The APAC Accelerator is a 12-week program that will see select startups receive $50k in grants.

📣 Big news from Singapore! We’ve teamed up with @tenity_global to launch the #IOTA APAC Accelerator, a 12-week program to empower the next generation of DeFi pioneers.💪

Find out how you can apply & receive a $50,000 grant 👇 https://t.co/R4EQAVaX4O pic.twitter.com/rKQp9jJqDa

— IOTA (@iota) April 9, 2024

Despite this and other recent key developments, price remains largely devoid of any strong momentum.

IOTA price – bounce or dip?

Bitcoin’s run to the new all-time high above $73k in March catalysed strong gains for most altcoins. Ethereum for instance reached a multi-year peak above $4,000 while Solana, BNB and even Dogecoin soared.

IOTA did manage to break above $0.30 during the broader market spike in March. However, it remained well below its 2021 highs above $2 and as a result has dropped out of the top 100 by market cap.

Can IOTA’s price recover to the last bull market highs and potentially eye a retest of its ATH?

IOTA price chart

IOTA/USD on the weekly chart is below the 50-week EMA and the RSI is trending lower below 50.

A symmetrical triangle pattern is also formed on the daily chart, with price capped by a downtrend line since mid-March.

If price breaks out from the upper trend line, IOTA could retest levels at $0.35 and potentially $0.41 to allow for a bullish breakout in line with the broader market.

On the flipside, a breakdown for IOTA from the lower trend line would indicate a bearish trend. In this case, a drop to $0.20 is possible, below which bears could target October 2023 lows of $0.13.


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Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon

In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana (SOL) and its potential to reclaim the $200 mark. He also hinted that upcoming upgrades could pave the way for new all-time highs (ATHs). Cheung also shared his bullish outlook on bitcoin (BTC…
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