$DOGE , $ZK , $KAS, $GRT, and $CFX Explored

Amid the turbulent waves of the crypto market, a pressing question arises: Can sub-$0.20 tokens such as $DOGE, $ZK, $KAS, $GRT and $CFX offer long-term potential despite the current downturn?

These assets have attracted the attention of investors looking for hidden gems. Despite recent market difficulties, the appeal of these low-cost tokens remains strong.

#Dogecoin‬⁩ (DOGE)

Dogecoin, the pioneer of meme coins, has been particularly volatile, with its price falling steadily over the past two days. At press time, DOGE is valued at approximately $0.1108, reflecting a decline of over 7% from the previous day. This decline broke through an important support level at $0.1142, which had held for two weeks.

Moreover, DOGE is trading below its 20-day and 50-day simple moving averages, signaling a short-term downward trend. If this negative momentum continues, DOGE could find support at $0.084. This situation could provide investors with an opportunity to buy at a lower price, potentially reaping the rewards as the market stabilizes.

#ZkSync (ZK)

zkSync (ZK) is also facing a notable decline, trading at $0.1621 after a significant 9% drop. This decline caused its market capitalization to decline by 9.21% to $595.62 million, placing it in 100th place in the cryptocurrency rankings. If this negative trajectory continues, zkSync could reach support around $0.15.

However, despite the price decline, zkSync's 24-hour trading volume jumped 52.87% to $287.18M. This surge in activity indicates continued interest in the token, suggesting a potential recovery if market sentiment improves.

Case (#KAS )

Kaspa (KAS) On the other hand, Kaspa (KAS) has been in a bearish phase for five days, with its price approaching the crucial 20-day SMA. If it holds, this level could indicate a trend reversal. However, if Kaspa falls below this point, it could find support near the $0.154 50-day SMA, where buyers could step in to prevent further losses. Kaspa is currently trading at $0.1655, down 3% in the last 24 hours.

Graph (#GRT )

The value of GRT has been steadily declining, now at $0.1839, down 8.36% over the last day. This decline caused GRT to fall below critical thresholds, reducing its market capitalization to $1.756 billion.

Investors are keeping a watchful eye on the $0.18 support zone, which could serve as a turning point for a potential rebound. If GRT remains above this threshold, it could attract bargain-hunting buyers amid bearish sentiment.

Conflux (#CFX )

Similarly, Conflux (CFX) is not doing much better, with its value falling to $0.1448, down 12.61% in the last 24 hours. Moreover, its market capitalization has fallen to $611 million and, like others, CFX is currently struggling to stay above the $0.143 mark.

A break below this level could trigger further declines as selling pressure builds, targeting the next support around $0.100. If CFX can maintain this level, it could attract investors looking to benefit from lower prices ahead of any potential recovery.