5 Best Cheap Cryptos to Buy Now Under $1 – January 6: Kaia, Ark, Oasis
The cryptocurrency market is riding a wave of optimism following the pro-crypto candidate’s victory in the 2024 U.S. presidential election. With the market capitalization surging to $3.55 trillion and projections hinting at a potential 30% growth to $4.2 trillion, investor interest in affordable cryptocurrencies is at an all-time high. Here are the top five cheap cryptos under $1 to consider this January.
1. Kaia (KAIA): A Rising Star with Ecosystem Expansion
Kaia token (KAIA) has gained momentum, registering a 2.81% increase in the past 24 hours to trade at $0.2321. Its market cap stands at $1.37 billion, with a 24-hour trading volume of $27.1 million, signaling robust activity.
Key Highlights:
- All Tokens Distributed: With a circulating supply matching the total of 5.91 billion KAIA, scarcity may drive demand.
- Ecosystem Development: Kaia plans to launch 150 Mini Dapps on the LINE messenger platform by mid-2025, targeting mass adoption.
- Investor Sentiment: The Fear & Greed Index shows “Extreme Greed” at 76, reflecting strong market interest.
While trading near its cycle high, Kaia’s strategic partnerships and ecosystem expansion could offset bearish concerns, making it a promising option for long-term investors.
2. Ark (ARK): Interoperability for Blockchain Innovation
Ark (ARK) is showing strong momentum, climbing 8.88% to $0.5912. The coin is testing key resistance levels, with potential for further gains.
Technical Insights:
- Resistance Levels: Breaking past $0.61578 could lead to a rally toward $0.6454 or $0.68.
- Support Levels: If momentum slows, support is found at $0.56848.
- Indicators: A bullish MACD crossover and rising trading volume signal increasing interest.
Why Ark?
Ark’s SmartBridge Technology simplifies blockchain communication, making it a leader in interoperability. Its tools allow businesses to deploy custom blockchain solutions efficiently, setting it apart in the crypto space.
3. Oasis (ROSE): A Versatile Blockchain with Growing Utility
The Oasis Network’s token (ROSE) has gained 2.32% in the past 24 hours, trading at $0.0905. Known for its adaptable app functionality, Oasis is attracting significant attention.
Core Features:
- Staking Rewards: Offers a 2.5% APY with auto-compounding rewards.
- Gasless Wallets: Simplifies token management with low transaction costs.
- Network Security: Allows staking across 120 validators, ensuring robust security.
Market Outlook:
- ROSE is trading 5.49% above its 200-day SMA, signaling strength in its trend.
- Analysts project a 26.16% price increase, with a potential target of $0.114917 by February 2025.
With its strong fundamentals and growing ecosystem, ROSE presents a balanced opportunity for investors.
4. Decentraland (MANA): Pioneering the Virtual Economy
Decentraland (MANA) is a virtual reality platform enabling users to create, explore, and monetize digital content. Trading 30.46% above its 200-day SMA at $0.430198, MANA continues to show a robust upward trend.
Why Decentraland?
- Proven Track Record: Since its 2017 ICO, MANA has facilitated diverse virtual experiences, from 3D scenes to interactive games.
- High Liquidity: Supported by a large market cap, ensuring strong trading activity.
MANA’s consistent price growth, coupled with increased adoption in the metaverse, makes it a solid pick for 2025.
5. Wall Street Pepe (WEPE): The Meme Coin with Utility
Wall Street Pepe (WEPE) has raised over $40 million in its presale, gaining traction as a standout meme coin for 2025.
Unique Features:
- Community-Driven Ecosystem: The “WEPE Army” shares market insights and trading strategies.
- Utility Beyond Memes: Offers market analysis, trading signals, and staking opportunities with 32% annual yields.
- Audit Credibility: A Coinsult audit adds a layer of security.
With speculation about a potential direct centralized exchange (CEX) listing, WEPE could bypass traditional DEX routes, boosting its visibility and adoption.
Conclusion: Affordable Opportunities in Crypto
As the crypto market surges, tokens under $1 like Kaia, Ark, Oasis, Decentraland, and Wall Street Pepe offer affordable entry points with significant growth potential. Each coin brings unique value, from blockchain interoperability to virtual reality and meme coin utility.
Investors should evaluate these options based on their growth strategies and risk tolerance. With market sentiment trending bullish, now is a great time to explore these promising tokens.
