3 Cryptocurrencies Worth Buying Under $1 This Week
While the much-anticipated Bitcoin ( BTC ) halving event has yet to have a major impact on the entire cryptocurrency industry, some of its assets represent ideal buying opportunities this week, with some of them still priced below $1 per coin.
With this in mind, we searched the cryptocurrency space and found three digital assets that currently cost less than a dollar each, but could be among the best investment options for cryptocurrency traders and investors this week.
1 Dogecoin (DOGE)
Specifically, the first choice is Dogecoin (DOGE), which is consolidating after breaking out of a descending triangle, according to Ali Martinez, a well-known cryptocurrency expert, who believes that Dogecoin is a Dogecoin crypto asset that could rise to $1 in the coming weeks. 。 But currently, DOGE price remains around $0.1610, down 0.70% on the day, down 1.87% over the past week, and up 4.06% on the monthly chart based on data from April 22.
2 Shiba Inu (SHIB)
Meanwhile, the development team centered around Shiba Inu ( SHIB ) is actively working on growing the ecosystem, including the introduction of a new layer 3 blockchain, which could increase the hype around SHIB. Commenting on the development, SHIB lead developer Shytoshi Kusama said: "We are delighted to have the support of such a strong venture capital firm, angel investor, and brand as we work to complete this grand decentralized experiment." Currently, Shiba Inu is changing hands at $0.00002720, which indicates a 1.55% increase in the past 24 hours and a 15.74% increase over the previous 7 days, reversing a cumulative decline of 3.11% over the past month. .
Ripple (XRP)
Finally, as Finbold reported on April 20, based on an analysis of the coin’s historical price action and chart patterns, including in 2017 and 2021, anonymous cryptocurrency expert Egrag Crypto said that XRP appears to be ready for explosive price action after recent consolidation. Currently, the XRP token is trading at $0.5365, up $1.09%, up 4.14% this week, reversing the 13.84% drop recorded in the past month. Information retrieved by Finbold.
Ultimately, the above-mentioned cryptocurrencies under $1 could be ideal investment opportunities this week. However, it is important to remember that the wind in the cryptocurrency market can easily start blowing in different directions, so it is prudent to do your own research and carefully weigh all the risks involved.
