• Market Cap: $3,378,959,459,426.04
  • 24h Vol: $79,157,585,390.10
  • BTC Dominance: 61.65%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

5 Best Cheap Cryptocurrency to Buy – July 2022 Week 1

Jon Hartney by Jon Hartney
July 5, 2022
in Bitcoin, Blockchain, Business, Market
0
5 Best Cheap Cryptocurrency to Buy – July 2022 Week 1
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


The cryptocurrency market has risen by 4% overall in the past 24 hours. Its total cap stands at $943 billion, representing a 3% drop in a week and a 26% fall in a month. Most coins have witnessed similar movements within the same timeframes, yet a handful have enjoyed above-average gains in recent days or weeks. Many of these also remain cheap, given the poor first half of 2022, meaning they could be in line for further rises. We round them up in this list of the 5 best cheap cryptocurrency to buy right now.

5 Best Cheap Cryptocurrency to Buy

1. Lucky Block (LBLOCK)

LBLOCK is up by 2% in the past 24 hours. At $0.00091412, it’s down by 10% in a week though, and by 42% in a month. On the other hand, it remains more than 100% up since launching at the end of January.

Lucky Block (LBLOCK) price chart - 5 best cheap cryptocurrency to buy.

As a newer altcoin, LBLOCK has been disproportionately affected by the market downturn. However, its future looks bright, given that it’s the native token of the Lucky Block crypto games platform. Launched on the Binance Smart Chain, the latter began holding regular prize draws at the end of May, which guarantee a minimum jackpot of $50,000.

Just as importantly, Lucky Block has passed the necessary audit for its upcoming ERC-20 token. This will mean it will likely migrate to Ethereum at some point in the near future. By extension, its relocation to Ethereum should expand its liquidity significantly, largely by paving the way for more centralised exchange listings.

Why have we created the V2 version of our #token? 🤔

After talking to #CEXs we realised that there’s a need for #ERC20 version of the token to ensure about the future listings! ✅

So we’re now in an amazing period of:#CountdownToCEXs! 🔥#cryptocurrency #crypto #blockchain pic.twitter.com/mnrbk6heDZ

— Lucky Block (@luckyblockcoin) June 30, 2022

When the ERC-20 version of LBLOCK launches, it should rally significantly. This is why it’s one of our 5 best cheap cryptocurrency to buy at the moment.

Buy Lucky Block Now

2. Celsius (CEL)

At $0.972532, CEL is one of the top-1oo’s biggest gainers today. It has risen by 13% in 24 hours and by 29% in a week, although it’s down by 18% in a fortnight.

Celsius (CEL) price chart - 5 Best Cheap Cryptocurrency to Buy.

CEL’s relative strength index (in purple) reveals a big surge in momentum. This has happened for two main reasons. Firstly, Celsius — which had been facing the threat of bankruptcy — has taken steps to stabilise its position. This includes paying off around $142 million of the debt it owes on Maker, with $82 million remaining. It also includes laying off 150 members of staff (25% of its workforce), in order to cut costs.

Such steps have raised hopes that Celsius may stave off complete collapse, and one day recover. On top of this, CEL seems to be benefitting from a short squeeze at the moment. In other words, because of Celsius’ recent withdrawal freeze, many traders are trying to short it. Yet because shorting requires buying up an asset, short sellers are currently boosting its price. And the more the price of CEL rises, the more additional CEL short sellers have to buy to cover their positions.

BREAKING NEWS: #CelShortSqueeze TRENDING IN THE UK | The #CelShortSqueeze movement is taking over #crypto Power to the people. F Shorts.
🔥🔥🔥🔝🔝🔝 #CelShortSqueeze #CEL @CelsiusNetwork@CelsiansNetwork pic.twitter.com/c7g6Ziiert

— Shorts McBender (@IsCelsius) June 21, 2022

This squeeze could continue. Of course, with Celsius fighting for its life, buying CEL remains a big risk. But there’s an outside chance it could pay off.

Buy Crypto Now

3. Polygon (MATIC)

At $0.513702, MATIC has risen by 12% in 24 hours. It has fallen by 3.5% in a week, but appreciated by 28% in a fortnight.

Polygon (MATIC) price chart.

MATIC’s RSI has climbed up to 50, indicating an increase in momentum. With its 30-day moving average (in red) well below its 200-day (in blue), there’s plenty of room for it to recover.

The most bullish recent news in Polygon is that it has launched the testnet for Polygon Avail. This is an additional network which will enable Ethereum to store much of its transaction data off-chain, thereby reducing costs even further. As such, its launch signals greater use of Polygon in the not-too distant future.

Turning to the bigger picture, Polygon has also enjoyed some big adoption news in recent weeks. Most notably, Coinbase has selected the layer-two scaling platform as its network for sending transfers of ETH and USDC (as well as MATIC).

We’re making it faster, easier, and cheaper to access web3: over the next month, eligible Coinbase customers will be able to send and receive ETH, MATIC, and USDC on @0xPolygon and USDC on @solana.https://t.co/vVLnk1DTZ2 pic.twitter.com/j93F4rKd6C

— Coinbase (@coinbase) June 23, 2022

Taken together, such developments underline why Polygon is the biggest layer-two scaling solution for Ethereum, and why it will remain so. This is why it easily makes the cut as our 5 best cheap cryptocurrency to buy.

Buy Polygon Now

4. Ethereum (ETH)

ETH may not be a cheap cryptocurrency in an absolute sense, but it’s almost criminally undervalued at the moment. At $1,137, it’s up by 8% today, but down by 5% in a week. It’s also down by 37% in the last 30 days, and by 76% since reaching an all-time high of $4,878 in November.

Related articles

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

June 14, 2025
Bitcoin must upgrade or fall victim to quantum computing in 5 years

Bitcoin must upgrade or fall victim to quantum computing in 5 years

June 14, 2025

Ethereum (ETH) price chart.

ETH’s indicators reveal that the market is neglecting it just a little too much right now. Its RSI has been near 30 (and under 50) since May, while its 30-day average looks like it can’t sink much further. In other words, technicals alone suggest that a rally is overdue.

In terms of fundamentals, there’s little doubt that Ethereum is one of the strongest projects out there, if not the strongest. This is mostly because Ethereum is in the process of shifting to a proof-of-stake consensus mechanism. This will make the layer-one blockchain less energy intensive, more scalable, and more attractive to investors.

Quick update on Ethereum’s path to The Merge 🐼 

✅ Devnets
✅ Ropsten testnet
☑️ Sepolia testnet (next week)
☑️ Goerli testnet
☑️ Ethereum mainnet

The Merge is coming 🔜

— Crypto-Gucci.eth ᵍᵐ🦇🔊 (@CryptoGucci) July 2, 2022

Due at some point in late summer, the ‘Merge’ will massively boost investor confidence in Ethereum. The introduction of staking will increase demand for ETH, and with 10% of ETH’s supply already staked on the PoS Beacon Chain, the cryptocurrency could become deflationary. When you add the fact that Ethereum is already the biggest blockchain by total value locked in, it’s easy to see why ETH is one of our 5 best cheap cryptocurrency to buy.

11/ At the current stake amount, the Ethereum network will be paying out ~600,000 ETH per year, instead of 4,850,000 under the current PoW model, or 88% less in “sell pressure”! At the same time, stakers will still be earning ~4.6% in their staked ETH, a nice return to attract.

— eric.eth (@econoar) June 10, 2022

Buy Ethereum Now

5. Cardano (ADA)

ADA is another fundamentally strong but undervalued altcoin. Its price as of writing is $0.457303, representing a 1.5% rise in 24 hours, but a 6% fall in seven days. It’s also down by 19% in a month.

Cardano (ADA) price chart.

ADA’s indicators remain subdued but show signs of a slight uplift. As with Ethereum, there are good reasons to suppose that ADA will enjoy a significant rally once market conditions become more favourable.

ADA’s fundamentals come from native platform Cardano, which is witnessing an increase in transaction volumes and usage. It now records 24-hour transaction volume in the region of $8 billion – $10 billion, making it roughly three times busier than Ethereum right now. It has also issued 5.3 million NFTs, while the number of dapps building on its network has passed 1,000.

The ecosystem is growing at a fast pace with 1003 projects already #BuildingOnCardano

Many of these projects will be in Austin at @Consensus2022 & at the free #CardanoAtConsensus meetup on 6/08

Meet them by registering your attendance to the meetup here: https://t.co/maxUVW7pYV pic.twitter.com/s0X4DP8H48

— Input Output (@InputOutputHK) June 7, 2022

In addition, Cardano’s total value locked in is up to $120 million, up from $1 million at the start of the year. Assuming that Ethereum suffers more delays in executing its Merge, and that its fees remain high, Cardano could capture more market share in the coming months. This would boost demand for ADA.

Buy Cardano Now

Capital at risk

Read more:

  • How to buy Lucky Block
  • Guide to buying cryptocurrencies
  • How to buy Cardano
  • Where to buy Ethereum

Read Entire Article
Tags: CryptocurrencyinsidebitcoinsInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

by Jon Hartney
June 14, 2025
0

Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows...

Bitcoin must upgrade or fall victim to quantum computing in 5 years

Bitcoin must upgrade or fall victim to quantum computing in 5 years

by Jon Hartney
June 14, 2025
0

Unless Bitcoin upgrades its core cryptography in the next five years, the

Best Altcoins to Mimic Trump’s $57.3M Crypto Income – Price Jumps, Staking, and Other Rewards

Best Altcoins to Mimic Trump’s $57.3M Crypto Income – Price Jumps, Staking, and Other Rewards

by Jon Hartney
June 14, 2025
0

Donald Trump has disclosed an income of $573M from World Liberty Financial tokens The president filed his public financial disclosure...

Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout?

Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout?

by Jon Hartney
June 14, 2025
0

Cardano (ADA) is currently consolidating near a critical support zone that could shape the direction of its price action in...

Is Bitcoin price going to crash again?

Is Bitcoin price going to crash again?

by Jon Hartney
June 14, 2025
0

Bitcoin's bearish divergence signals a possible price crash toward $85,000,

Load More
  • Trending
  • Comments
  • Latest
SUI Price Hits All-Time High – But Questions About Valuation Remain

SUI Price Hits All-Time High – But Questions About Valuation Remain

October 17, 2024
Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

October 17, 2024
Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

October 17, 2024
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

October 17, 2024
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

June 14, 2025
Bitcoin must upgrade or fall victim to quantum computing in 5 years

Bitcoin must upgrade or fall victim to quantum computing in 5 years

June 14, 2025
Best Altcoins to Mimic Trump’s $57.3M Crypto Income – Price Jumps, Staking, and Other Rewards

Best Altcoins to Mimic Trump’s $57.3M Crypto Income – Price Jumps, Staking, and Other Rewards

June 14, 2025
Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout?

Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout?

June 14, 2025

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst June 14, 2025
  • Bitcoin must upgrade or fall victim to quantum computing in 5 years June 14, 2025
  • Best Altcoins to Mimic Trump’s $57.3M Crypto Income – Price Jumps, Staking, and Other Rewards June 14, 2025
  • Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout? June 14, 2025
  • Is Bitcoin price going to crash again? June 14, 2025

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%