Top 5 Coins Under 1 Dollar For January 2024

January Opened with a bang but lately followed by a great dump. The market is waiting For ETF Approval Update and Bitcoin going sideways but the Altcoins are drowing. So it's difficult to choose right coins for the month. Let's see.

MATIC
Matic, now known as Polygon, is a platform designed to scale Ethereum and develop its infrastructure. It uses a modular framework called Polygon SDK and the Plasma framework, which allows for the execution of scalable and autonomous smart contracts. Polygon supports various types of applications and Decentralized Apps (DApps) on its sidechains, which are secure and fast.
 The native token of Polygon, $MATIC , continues to play a crucial role in the system. Polygon aims to transform Ethereum into a full-fledged multi-chain system, similar to other systems like Polkadot, Cosmos, and Avalanche, but with the advantages of Ethereum’s security, vibrant ecosystem, and openness. It boasts up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. 


Matic has too many flywheel under its belt for January, it's totally underperformed last year and expected pump over 1$ mark in January. 

SUI
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible. It uses the Move programming language and offers features like horizontal scaling, composability, sparse replay, and on-chain storage. 


$SUI is the native token of the Sui blockchain network, used for gas fees and staking. With its Rival aptos making some movement in price lately it's expected to Sui also produce some green candle on charts. 

JOE
Trader Joe is a platform designed to scale Avalanche and develop its infrastructure. It uses a modular framework and the Avalanche (AVAX) blockchain, which allows for the execution of scalable and autonomous smart contracts. Trader Joe supports various types of applications and Decentralized Apps (DApps) on its platform, which are secure and fast. 
The native token of Trader Joe, $JOE , continues to play a crucial role in the system. Trader Joe aims to provide a one-stop-shop DeFi experience and to integrate new products without compromising on security. It boasts speedy and cheap transactions. 


Recently All L1 got some traction and pumped rapidly AVAX also did a great pump, trader Joe is one of the main money market in avalanche ecosystem, so it's have that edge. 

MNT
Mantle Network (MNT) is an Ethereum Layer-2 scaling solution created by BitDAO. It focuses on enhancing security, reducing fees, and increasing transaction throughput. Mantle leverages roll-up technology and adopts a modular approach to create a separate, decentralized data availability layer in collaboration with EigenLayer.
 $MNT is the native token used for paying gas fees, growing the ecosystem, and community governance. Mantle Network’s modular architecture hyperscales network performance at low fees and with faster finality. DApps can be built with exceptional UX, while relying on Ethereum’s unrivaled security. The total supply of MNT is 3,172,988,154 tokens.


Mantle, is undervalued L2, it's has the biggest treasury hands down for future development and community rewards, it hasn't Pumped against ARB/OP.

SEI
Sei is a sector-specific Layer 1 blockchain, specialized for trading and designed to give exchanges an advantage. It caters to the unique requirements of decentralized exchanges (DEXes) for reliability, scalability, and speed. Sei is particularly beneficial for trading NFTs and in-game tokens.
The native token of the Sei blockchain network is $SEI, used for gas fees and staking. Sei offers a transaction finality of 380ms and can process 20,000 orders per second. It’s secured by some of the largest institutions in the world and offers native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling.


SEI particularly got one of the most prominent catlyst, Parallel EVM. And it pumped 250% after the hype. It now retracting and expected to catch the hook again.

These coins aren't chossed Randomly, but using some metrics. But it's advisable to Invest According to your Risk : Reward Ratio. 

MATIC 0.791 -4.80%
SUI 0.78 -7.04%
JOE 0.5849 -3.35%

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