Despite suffering a surprising decline towards the end of July, the crypto market is presently recording a price rally. Reacting to the market rebound, investors are already eyeing the best under $1 cryptos to buy in September and October.
In the last seven days, a host of cryptocurrencies including Bitcoin, Ethereum, BNB, and Solana have all enjoyed massive gains. Meanwhile, with some experts speculating on the return of the bull market, it is essential to invest in cryptocurrencies that promise lucrative profits.
In this article, we’ve selected a host of under $1 cryptocurrencies that investors should consider buying in September and October. It is worth mentioning that every selected token on this list has the potential to grow and offer high short-term gains.
Best Under $1 Cryptos To Buy In September And October
Bonk (BONK)
Bonk (BONK) is a Solana-based meme coin that stands out among others with its simple memetic posture. Ditching any long narrative, Bonk features a one-pager that describes the token as the first Dog-themed coin on the Solana network.
As a community-centric project, Bonk is ensuring that Solana-based DEXs have enough liquidity. Underlining the community commitment of the Bonk is how the project team distributed 50% of the token’s total supply among developers, NFT collectors, and other core ecosystem participants.
This appealing narrative attracted a lot of investors who had turned to the Solana exosystem to scout tokens with huge potential. To a reasonable extent, BONK is riding on the fast-growing ecosystem of Solana.
Recently, the network has become a force to reckon with in the meme coin landscape. Solana has earned a reputation for providing emerging meme projects the opportunity to mature into a multi-billionaire initiative.
Hence, developers are now flooding Solana to benefit from the high throughput and low network fees, providing investors with more accessibility to the projects. Consequently, BONK is on the right course to grow astronomically in September and October.
Also, the meme coin could benefit from the growing speculation about the approval of SOL exchange-traded funds for asset managers in the United States of America. Brazil made history as the first country to avail SOL ETFs for investors which further strengthened the rumor that the U.S. could follow suit.
PlayDoge ($PLAY)
Still in its presale stage, PlayDoge is an interesting BNB-based meme project that combines P2E with the nostalgic 90s Tamagotchi-inspired virtual pet concept. The project is set to launch its play-to-earn game that will see players earn free crypto for looking after their virtual pet.
However, what has caught the attention of investors and the broader crypto market is the project’s connection with BNB. As a BNB-based interesting project, there are speculations that PLAY may be listed on Binance once it launches.
This is a result of the project team’s decision to launch PlayDoge on BNB. The presale presents a perfect entry point for investors aiming to buy PLAY.
The meme coin comes for less than a fraction of a cent and promises high APY for presale stakers. Meanwhile, the meme coin is tipped to also appeal to all Doge lovers which further gives PLAY more market exposure.
Pepe ($PEPE)
Ethereum-based Pepe is one of the under $1 cryptos to watch out for in September and October. While falling into this category due to its price, PEPE has shown flashes of soaring astronomically in the next few months.
Likewise, the meme coin benefited from the supporting infrastructure of Ethereum which has witnessed some positive development in recent times. The Ethereum ecosystem grew significantly following the approval of the United States Securities and Exchange Commission (SE) approved application for spot Ether ETF.
More so, the development turned a huge attention to ETH as it provided institutional investors the opportunity to invest in crypto without interacting with any part of the ecosystem. The approval initiated more inflow of investment into Ethereum and eventually triggered a price rally across the ecosystem.
Hence, investors are optimistic that cryptocurrencies based on Ethereum most especially PEPE will still see more price increase between September to October.
Conclusion
Investing in under $1 cryptos comes as a good investment strategy for investors most especially those with low bankroll. While they come cheap, they provide the best ways for investors to net massive gains.
Due to how they come for a low price, under $1 cryptos often net huge returns once they become a success. On the flip side, it is usually difficult for most of these tokens to hit the ground running which mostly leaves investors with shit coins.
Therefore, it is essential for investors to research before investing in under $1 cryptos. It is highly recommended for investors to always consider the utility and community support of every project before investing heavily.