Weekly Debrief (Bull Run)
Coins To Buy Below $1 For Decent Returns, and why, this based on personal research;
1. Ripple (XRP): Ripple’s native cryptocurrency XRP is currently hovering around the $0.62 mark on Monday. Bulls and whales are now investing heavily in XRP as its 24-hour trading volume surpassed the $1.7 billion mark. The development suggests that bulls are taking an entry position into Ripple’s XRP and trying to push its price towards $1. If Bitcoin climbs above $70,000 again, then XRP has more chances of breaching the $1 mark next due to positive sentiments.
Dogecoin (DOGE): SpaceX founder Elon Musk announced last two weeks that Dogecoin could soon be used as an official payment method to buy Tesla cars. If made official, Dogecoin’s price could boom as it will find use-case in the real-world sector of buying high-end luxury cars. Musk also called Dogecoin ‘the cryptocurrency of the masses’ highlighting that he’s into DOGE for the long term.
Shiba Inu (SHIB): Shiba Inu is among the top-performing cryptocurrencies this month as it spiked nearly 280% in 30 days. SHIB attracted heavy bullish sentiments with investors flocking towards the token last month. Its price is predicted to breach the $0.00005 mark before the Bitcoin halving and could deliver stellar gains to investors. Therefore, Shiba Inu (SHIB) must be on your watchout list that can generate profits this time around.