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5 Best Low Price Cryptocurrency to Buy – July 2022 Week 4

07/19/2022
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The cryptocurrency market has held onto its gains of the past couple of days. At $1.06 trillion, its total cap has moved by 0.3% in 24 hours, and by 17% since last Wednesday. Pretty much every major coin in the market has benefitted from this rise, although some have gained more than others. We combine some of the most promising cheaper coins into this list of the 5 best low price cryptocurrency to buy right now. This includes coins that are selling at a big discount, and that have plenty of upside potential.

5 Best Low Price Cryptocurrency to Buy

1. Battle Infinity (IBAT)

One of the newest and most interesting projects in the ecosystem, Battle Infinity (IBAT) is a new play-to-earn games platform. Operating on Binance Smart Chain, its presale began last week, with IBAT available at a price of $0.0015 and buyable with BNB. The sale will last for another 83 days, and already managed to raise 500 BNB ($110,000) within the first 72 hours.

Battle Infinity is developing a sports-themed metaverse enabling users to participate in a selection of games. This includes the IBAT Premier League, in which players can build their own fantasy sports team, made up of NFTs representing real-life athletes. They win points — and IBAT tokens — based on the performance of selected players.

Battle Infinity also plans to include other games in the future, as well as competitive staking, its own DEX and an NFT marketplace. While it obviously remains squarely in its infancy, its future plans put it in a very strong position, which is why it’s one of our 5 best low price cryptocurrency to buy.

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2. Lucky Block (LBLOCK)

At $0.00096080, LBLOCK is up by 8% in the past 24 hours. This means it has risen by 17% in the past week and by 9% in a month.

Lucky Block (LBLOCK) price chart - 5 best low price cryptocurrency.

LBLOCK remains 120% up from its price at launch in late January, but 90% down from its all-time high on February 17. Nonetheless, its native platform Lucky Block has enjoyed some big developments in recent weeks, suggesting that it’s well-placed to return to growth.

Most notably, Lucky Block last week confirmed a new exchange listing: MEXC Global. Based in Singapore, this international exchange will commence LBLOCK trading from August 1st. This will provide the coin’s market with greater liquidity and demand, boosting its price.

Lucky Block is also launching an ERC-20 version of the LBLOCK coin, which should pave the way for more exchange listings. In fact, LBANK Exchange has also confirmed that it will be listing this second version of the altcoin. Again, this will help boost demand for LBLOCK in the long-term, while also making its crypto games platform more accessible to a wider pool of users.

It’s also worth remembering that Lucky Block began holding regular prize draws at the end of May, awarding $1 million to two winners. This will help it accumulate momentum in the coming weeks, setting it up nicely for when the market returns to more decisively bullish conditions.

3. Fantom (FTM)

FTM has surged by 15% in 24 hours, reaching $0.327800. This also represents a 34% rise in the last week and a 48% jump in the past month.

Fantom (FTM) price chart - 5 Best Low Price Cryptocurrency to Buy.

FTM’s indicators strongly suggest a breakout rally. Its relative strength index (in purple) has jumped from under 50 to nearly 70, showing very good momentum. Likewise, its 30-day moving average (in red) had been bottomed out for the past couple of weeks, but has now begun ascending towards its 200-day average (in blue).

Fantom is rallying right now for a variety of reasons. Aside from correcting its former oversold levels, the current surge is also based on the layer-one blockchain’s strong organic growth. According to DeFiLlama, it’s currently the eighth biggest platform in the ecosystem, in terms of value locked in.

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It has announced a number of partnerships and/or integrations in recent days. These include tie-ins with Bondex, Kenshi, Mapleblock Capital, and iGain Finance, all of which testify to Fantom’s status as a serious up-and-coming blockchain platform.

Indeed, some analysts are now predicting a FTM rally to around $0.50. Of course, we can never guarantee such forecasts, but they are based on Fantom’s evident growth as a platform.

4. NEAR Protocol (NEAR)

NEAR has risen to $4.38 today, representing a jump of 11% in 24 hours. The altcoin has also appreciated by 35% in seven days and by 41% in 30.

Near Protocol (NEAR) price chart - 5 best low price cryptocurrency.

NEAR’s indicators are much like FTM’s, in that they show a sharp positive turnaround. Yet what’s encouraging is that, while the coin’s RSI is rising precipitously, it’s still far from being overbought. So there’s plenty of space left to continue rising.

As with Fantom, NEAR is rallying partly as a correction to over-negativity. As a proof-of-stake layer-one blockchain, Near remains a fundamentally sound platform, with steadily growing activity. For instance, the NEAR Protocol’s total value locked in has risen from just over $100 million at the start of the year to $344 million today. This is a rise of more than 200%, which is impressive given that we’ve been in a bear market for much of 2022.

Near also celebrated passing 10 million wallets at the end of May, another good sign of organic growth. Part of this growth stems from the demise of Terra, with a number of former Terra-based apps moving to Near.

5. Polygon (MATIC)

MATIC has risen by half a percentage point today, at $0.901458. More impressively, it has jumped by 59% in less than a week, and by 160% in a month.

Polygon (MATIC) price chart.

MATIC’s momentum has gone through the proverbial roof. Its RSI almost touched 80 a couple of days, and while this suggest overbuying, it remains above 70. In other words, it still seems to have a fair amount of momentum left, particularly when its 30-day average has yet to overtake its 70-day.

MATIC is rocketing at the moment because of anticipated upgrades to Polygon. In particular, the Polygon team are gearing up to make a big reveal the day after tomorrow. While they have kept details tightly guarded, it’s likely to be a significant upgrade, one which makes Ethereum-based apps more efficient.

This reveal comes on top of other recent developments, upgrades and launches. This includes PolygonID, an identity verification solution that uses zero-knowledge proofs to confirm ID without violating privacy.

More generally, Polygon has seen growing usage and launches, with the layer-two scaling solution being the sixth-biggest platform in crypto in terms of total value locked. This is why it’s likely to remain the biggest scaling solution for Ethereum, and why MATIC is one of our 5 best low price cryptocurrency to buy at the moment.

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Source: https://insidebitcoins.com/news/5-best-low-price-cryptocurrency-to-buy-july-2022-week-4