Top 5 cryptocurrencies under $1 to buy in June 2023

With the end of the fifth month of 2023 drawing near, the cryptocurrency sector has been struggling to maintain the gains it accrued since the year's turn. However, some cryptocurrencies, which have fallen through the cracks over their low price per wholecoin, are demonstrating strong potential for success in the future.

Timeline of , Casper, Polygon, Iota, Tron

MATIC, the native token of Polygon, has been making significant strides in its price recovery against the US dollar. After experiencing a recent decline, MATIC has managed to break above key resistance levels, hinting at a potential bullish trend.

Tron was a notable gainer on Thursday, as the token edged closer to a fresh one-year high in today's session. This came despite the global cryptocurrency market cap mostly trading lower, falling by 1% as of writing. Polygon also rebounded today.

Despite Polygon (MATIC) taking a cue from the rest of the cryptocurrency market in recording declines over the past few weeks, the Layer 2 blockchain that aims to help Ethereum (ETH) with its scalability has recently witnessed an uptick in the number of new addresses created daily on it.

The price of Polygon (MATIC) and other notable crypto assets has been experiencing some volatility recently. The fluctuations present in the MATIC market can present traders and investors with profit-earning opportunities.

The TRON price analysis reveals that today's market sentiment for TRON is showing mixed signals. Yesterday, it experienced a significant rally, reaching a yearly high of $0.078, the highest since June 12, 2022.

It's no secret that DeFi has struggled since the heyday of 2020. Like a lot of things in crypto, liquidity has fled and prices have collapsed. DeFi has been hit especially hard as the attractive yields that were once available have disappeared – at the same time that rates in traditional finance have rocketed.

June is still more than a week away, hence there is room for some sell pressure. However, the prospects of TRX being legal tender in Hong Kong might be enough to support a bullish outlook.

The Treasures of Shimmer testnet campaign is a wrap and we can exclusively reveal that the 1.8 million Shimmer (SMR) airdrop has a winner. TangleSwap, a decentralized exchange (DEX) built on IOTA, has won top spot ahead of 16 other projects, according to details shared with Invezz on Monday.

While the majority of the cryptocurrency sector, including the flagship decentralized finance (DeFi) asset Bitcoin (BTC), is swimming in the sea of red, TRON (TRX) has been recording bullish results in multiple areas, including in terms of its price, social, and market activity.

Tron (TRX), the cryptocurrency created by Justin Sun, has experienced a substantial price increase over the last three days, with its futures gaining around 10% in value. This bullish activity represents the first major uptick for TRX in recent weeks, following a period of turbulence fueled by rumors about Justin Sun's possible arrest and the collapse of Tron-based algorithmic stablecoin USDD.