Amid the Trump election win, finding the best cheap crypto to buy now in Q4 2024 is a question on many trader’s minds. Be it a penny crypto or a token under $1, for long-term or short-term, identifying the cheapest cryptocurrency to explode is a millionaire making opportunity that this article investigates.
With over $200 billion pouring into the global crypto economy on the day after the US election, now is the perfect time to be reading this article. In our list we have meme coin newcomer and phenomenon in-waiting 888, crypto OGs Dogecoin (DOGE) and Shiba Inu (SHIB), 2024 meme coin hit SPX, and altcoin veteran XRP.
How We Ranked the Best Cheap Cryptos to Buy
To identify this list of leading crypto investment opportunities, we evaluated each project based on several factors, each of which signaling strong growth potential and market fundamentals, including their tokenomic structures, current market caps, and circulating supply.
We then assessed an equally – if not more important – factor, community engagement, which per popular meme coin ‘theory,’ is the driving force behind each and every multi-cycle, billion dollar crypto movement.
Additionally, we factored-in aspects such as developer activity, recent partnerships, project milestones, and potential catalysts for heightening hype around a project. Market sentiment is also a huge factor to consider, which, in wake of a reported 250 pro-crypto candidates being elected to Congress during the 2024, stands in the healthiest stead since the 2021 bull cycle.
So without further ado, let’s get into the 5 best cheap cryptos to acquire right now, starting with the most promising of them all, 888!
5 Best Cheap Crypto to Buy Now in 2024
888 (888) – Best Penny Crypto
According to the teachings of meme coin expert and multi-millionaire Murad Mahmudov, 888 is project that possesses all the attributes for becoming a multi-cycle, multi-billion dollar project that assimilates the likes of DOGE, SHIB, and even Bitcoin (BTC) in terms of the ‘cult following’ it can amass.
This is because through its completely fair launch, globally-resonating meme, and thriving from day-one community, 888 presents the required structural, tokenomic, and cultural prerequisites for becoming a household name in crypto.
Let’s explore how.
The meme behind 888 is simple yet super effective. It references the angelic and divine affiliations that many global cultures and contexts have with the number 8, and how these are all tied to connotations of financial prosperity, good fortune, and spiritual balance.
Furthermore, the 888 ‘Prophecy Statement’ talks of community members receiving good luck throughout their day-to-day life by simply holding the token. More importantly, the financial prosperity of those who believe will be realised throughout the token’s unwavered trajectory to heaven…or as project’s devs dub it, Valhalla. Most effectively, an invisible green-arrow magnet comes into play here, as 888 is unapologetic in proclaiming that Valhalla resides at a $888 valuation.
As a genius master stroke, the all-encompassing ‘financial prosperity’ meme of the project is something that feeds into the innate desires of each and every meme coin and speculative asset investor, making the 888 movement something that captures the attention of a global audience through its $0.888, $8.88, $88.8, and $888 roadmap.
In fact, SPX6900, which we will later explore, has already demonstrated the power of harnessing a meme concept that possesses an invisible magnet to the heavens. In this case, SPX is a playful spin on the stock market (S&P 500), with its meme being that 6900 is bigger than 500, and therefore it’s going to flip the valuation of the stock market.
Through such concept, SPX has been able to surpass a market cap of over $875 million, accumulating an all-time-high price of $0.989, which represents an approximate 26,896.49% increase from launch price.
Back to 888, what makes this project superior is its 70x larger locked liquidity at launch, as whilst SPX provided around $1000, 888 devs provided a whopping $70,000. Given these objectively more bullish foundations, community consensus suggests 26,896.49% gains and beyond will be felt across 888’s short and long term trajectory, on its way to the ultimate $888 goal.
As you can guess, the dev’s $70,000 of locked liquidity was done in the name of stable trading conditions, reduced slippage, and constant availability. For this reason, you can expect a whole host of in-the-know meme coin experts to be part of the project’s early investor cohort, which collectively amassed a huge $8+ million trade volume in the first hour of activity. Since then, prices have stabilized, with lucky whales seemingly HODLING with all their might. This final point should never be underestimated by meme coin investors.
With an incredibly explosive trajectory at its helm, all of 888’s current investors (which, further down the line, will be acknowledged as the earliest of early investors), hold the token whilst in-profit. Per This a vital piece in the multi-cycle, billion dollar meme coin puzzle, as cult-like holders form within this period, in whom represent the most loyal of loyal communities.
From here, round the clock 888 evangelism takes place across social media, as holders start basing their whole identity around a token that’s destined to present them massive profits. Therefore, selling is like selling a part of their identity (i.e. it’s off the cards), whilst buying during low market correction periods becomes a no-brainer.
Ultimately, this is what creates sustainable multi-cycle pumps (see below), which is something that 888 is destined for given the meme, launch, and community factors listed above.
At the time of writing, 888 is priced a fraction of a penny, making it an optimal choice for investors seeking a low risk token with maximum upside.
Dogecoin (DOGE) – meme coin OG With Plenty of Fuel in the Tank
A project that needs less explanation compared to its younger 888 meme coin sibling is DOGE, which remains a compelling investment in Q4 2024, defying its origins as a 2013 parody.
Once just a playful nod to Bitcoin, DOGE has evolved into a widely recognized cryptocurrency, powered by community enthusiasm and celebrity endorsements—most notably from Elon Musk, the “Dogefather” himself. His support played a pivotal role in past price surges, especially during the 2021 bull run, when DOGE’s value skyrocketed and rewarded early adopters handsomely.
Investing in Dogecoin is a bet on its unparalleled community strength and the power of online trends. Still priced under $1, it holds room for significant gains during the continuation of the 2024 election’s momentum. Therefore, for those who enjoy high-risk, high-reward opportunities—or simply love being part of the meme movement—Dogecoin continues to show it’s more than a joke; it’s an enduring force in the crypto world.
Additionally, what sets Dogecoin apart is its practical blockchain technology, which offers faster transaction times and lower fees compared to Bitcoin and Litecoin. This makes it ideal for microtransactions, such as tipping online creators, reinforcing its reputation as the “people’s coin.” Community-driven and buoyed by social media influence, DOGE thrives on its lighthearted culture and viral potential.
Shiba Inu (SHIB) – The Dogecoin Killer
Shiba Inu (SHIB) has come a long way from its humble 2020 beginnings, continuing to hold significant investment appeal in Q4 2024. Dubbed the “Dogecoin Killer,” SHIB launched with its meme being that it’s a playful competitor to its canine DOGE predecessor, later growing into a robust ecosystem with promising developments, resilience, and innovation.
One of SHIB’s major strengths is its comprehensive ecosystem, highlighted by ShibaSwap, a decentralized exchange that allows users to stake, swap, and earn rewards. This utility positions SHIB beyond the meme status, providing genuine use cases that support its long-term value. The project’s developers have also been active in forming strategic partnerships and exploring new ventures, further adding to SHIB’s credibility and future growth potential.
With its extremely low price per token, SHIB provides an attractive entry point for investors looking to participate in a community-driven project with substantial upside potential. The coin’s vibrant community and consistent media attention have also helped maintain its relevance, reinforcing its reputation as more than just a speculative asset. As the crypto space matures and SHIB’s ecosystem expands, this “Dogecoin Killer” could continue to deliver unexpected gains, making it an intriguing option for those willing to take calculated risks.
Whether you’re drawn by its meme roots or its evolving utility, Shiba Inu remains a unique investment with the potential for significant returns.
SPX6900 (SPX) – On a Mission to Flip the Stock Market
Following our earlier mention of SPX, SPX6900 has emerged as one of the most intriguing projects of 2024, through its bold mission to “flip the stock market” in terms of valuation. Since its launch in August 2023, SPX6900’s market cap soared to over $860 million, culminating in an all-time high of $0.989 on October 29th. This rapid growth was accelerated by its listings on multiple crypto exchanges, which increased its accessibility and appeal among meme coin enthusiasts and speculative investors alike.
SPX remains one of the most notable successes from the latter half of 2024, following the momentum set earlier by tokens like BONK and WIF. Its success is underpinned by a simple yet captivating meme narrative: “6900 is bigger than 500,” and therefore the token’s valuation could surpass that of the stock market.
Like DOGE, SPX6900 has built a strong and resilient community that has maintained its standing in CoinMarketCap’s top 200 projects, signifying a favorable market position. This community strength, combined with SPX’s engaging meme premise, bodes well for the project in both bull and bear markets. Like 888, during bullish periods, hype-driven price pumps are expected, while in bearish times, the community’s sell resistance could help stabilize its value, showcasing its potential as both a short-term and long-term play.
XRP (XRP) – An Altcoin With Real Utility
In differing from the meme coins featured in this list, XRP is included in this list due to its enduring reputation as one of the most practical and well-established altcoins priced at under $1.
XRP is the native currency of Ripple, a blockchain platform tailored for streamlining international payments. Unlike most speculative cryptocurrencies, XRP’s real-world application in facilitating fast, low-cost cross-border transactions has earned it the attention of banks and financial institutions globally. Through this, intrigue has grown around the project, as it’s essentially seen as the go-to asset for global payments efficiency.
Therefore, while many cryptocurrencies thrive on hype and market sentiment, XRP is actually employed in major financial operations to drastically reduce transfer times and fees. Imagine replacing the traditional multi-day, high-cost process of international money transfers with a system that executes in seconds at minimal cost. This unmatched utility cements XRP’s relevance as more than just another altcoin.
That being said, if you’re looking for huge returns from your investments (i.e. not practical payment utility), XRP pales in comparison to the likes of 888, as its value is tied to real-world applications, not unwavered community hype from cult-like holders. Given the laws of crypto (as the likes of DOGE, BONK, WIF, and many more meme coins have demonstrated), the latter here is what drives millionaire-making profits.
Nonetheless, XRP is still priced under $1 due to ongoing regulatory challenges, particularly in the US, where the SEC has raised questions about its classification as a security. Despite this, experts believe that once these legal uncertainties are resolved, XRP could experience significant price growth, propelled by its established partnerships and consistent involvement in cross-border payment solutions.
For investors, XRP’s current valuation represents an enticing opportunity, meaning as of today, those who trust in its proven utility and foresee a favorable legal outcome could be rewarded handsomely.
Conclusion – What is the Best Affordable Crypto to Purchase Now?
888 is undoubtedly the best option for investors seeking an affordable cryptocurrency to purchase. Its unique attributes, including a fair launch, globally appealing meme, and locked liquidity, position it as a potential multi-cycle, multi-billion dollar crypto project with explosive gains ahead.
While alternatives such as Dogecoin, Shiba Inu, SPX6900, and XRP each offer distinct benefits, 888‘s combination of a compelling meme, active community involvement, and favorable tokenomics distinguishes it as the prime choice for those looking for a low-risk investment with substantial upside potential.
888’s launch strategy, featuring $70,000 in locked liquidity, establishes a robust foundation for stable trading and minimized slippage. This, coupled with strong early investor interest and a dedicated holder base, sets the stage for sustainable growth cycles and significant returns ahead.
You can further explore 888, on the meme coin’s official website, stay updated through the X account, or engage with the community via Telegram.
If you’re looking to get your hands on some 888 tokens, you can swap them for SOL on Raydium and Jupiter
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
Source: https://bravenewcoin.com/insights/5-best-cheap-crypto-to-buy-now-top-penny-crypto-revealed