7 Best Cryptos to Buy Under $1 To Hedge Against Market Uncertainties

As crypto investors seek to hedge their portfolios against the coming uncertainties, upcoming crypto, and low-cap projects rank high on their watchlists.

As the weekend approaches, the crypto market is experiencing a lull in price movements. However, various categories of investors anticipate mixed trends ahead, especially as the US election month approaches. News of CZ’s imminent release in September also sheds light on what investors can expect in the coming months.

In light of the market’s long-term prospects, today's post explores the 7 best cryptos to buy under 1 dollar. It offers a concise analysis of their current price trends and insight into how they might influence their future price action.

Best Cryptos to Buy Under 1 Dollar

As crypto investors seek to hedge their portfolios against the coming uncertainties, upcoming crypto and low-cap projects rank high on their watchlists. Today’s post includes an overview of some of the most watched upcoming cryptocurrencies, including the PlayDoge presale.

1. Simon’s Cat (CAT)

With the recent success of SUN-based projects in the market, it appears that the crypto market is headed back into meme coin season. Meme coins dominate today’s list of top-gaining crypto coins. Among them is the Simon’s Cat meme coin, which is reaping the benefits of meme coin liquidity.

The token is touted as the officially endorsed memecoin of the Simon’s Cat brand, which emerged from an animated series and book collection featuring an ever-hungry cat. As a result, the meme coin aims to feed hungry cats worldwide, with profits being realized from the project.

CAT’s price is up by 89% today, with its trading volume increasing by over 70%. More importantly, demand for the token is on the rise as the community anticipates the coming airdrop offer. The token has also received an impressive reception across the market, and it might see further gains in the coming weeks.

2. Alpaca Finance (ALPACA)

Alpaca Finance is a recently launched project in the DeFi sector. With assets in the category rising to the limelight, it’s quite easy to see why the token is rising to prominence. According to its website, Alpaca Finance is currently one of the largest lending platforms.

The project is built on the Balance Smart Chain and aims to give lenders a chance to achieve safe and stable yields. It also allows borrowers access to collateralized loans for leveraged yield positions, which means that users can increase their profits.

Today, ALPACA, the platform’s cryptocurrency, has a price of $0.24, which is 18% higher than what it sold for yesterday. A volume of $158,725,002 equally accompanies the increasing cost.

The significant surge in trading volume has greatly influenced investors’ perception of the token, resulting in a record increase in its market cap. In the long run, Alpaca Finance might be one of the DeFi projects that would benefit from the increasing interest in the sector.

3. PlayDoge (PLAY)

The crypto gaming sector has not lost its place in the market. Recent meme coin dominance has forced most gaming projects into the shadows. However, a new trend is emerging as meme-based projects now incorporate games into their offers.

PlayDoge is a new class of meme projects that leverages its gaming offers to ensure the sustained growth of the PLAY token. According to PlayDoge’s website, users can now enjoy play-to-earn offers that prioritize their fun experience above all else.

The project is not only about the opportunity to participate in the PlayDoge game. It also offers the PLAY token as the project’s native cryptocurrency. With it comes access to the PlayDoge community and a host of other benefits.

Important Announcement

PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10am UTC!

Buy $PLAY in final stages now!

Visit: https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H

— PlayDoge (@PlayDogeGame) August 16, 2024

At the time of writing, the community has raised over $6 million in presale funds, and the offer is still open. It allows crypto investors from across the globe to participate in the PLAY offer at a fraction of its true price.

Early investors can also start enjoying the staying opportunity that ensures their token is yielding returns while they await the project’s launch date. Investors have until the 26th of August to take advantage of the opportunity.

4. JasmyCoin (JASMY)

JASMY is the native cryptocurrency of the Tokyo-based crypto project. The Jasmy Corporation focuses on providing networking services worldwide. The project is built around the idea of the Internet of Things.

The concept promotes harnessing the capability to extract data from everything around us. At the moment, the corporation specializes in meeting B2B big data needs.

At press time, JASMYCoin had a market cap of over

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