Happycoin.club - Bitcoin consolidation in the $62,000-63,000 range does not deprive some altcoins of growth opportunities. Currently, there are three altcoins on the crypto market that cost just ten cents, which could be a good buy next month.
1. SKALE (SKL) First on this list is the modular blockchain network token SKALE (SKL), which aims to provide scalability to Ethereum (ETH), and which Michael van de Poppe recommended as an altcoin for “generating 3x in BTC at the lowest cost and level of risk."
SKALE is currently trading at $0.0845, having recorded a 4.33% decline on the day, while also losing 15.27% over the past week and 30.55% on the monthly chart.
24-hour SKALE price chart. Source:CoinGecko
2. Rubic (RBC) Meanwhile, last week, the native token of the multi-chain swap protocol Rubic (RBC) formed an ascending triangle on the three-day chart. This formation suggests a possible growth of 70%, according to analyst Ali Martinez.
Rubic price movement analysis. Source: Ali Martinez
Rubic is currently valued at $0.0308, suggesting a 2.89% decline over the past 24 hours and a 3.23% loss over the previous seven days. We also note a drop of 11.08% over the past month.
Rubic price on a 24-hour chart. Source: CoinGecko
3. Data Lake (LAKE) Another recommendation from Michael van de Poppe is Data Lake (LAKE), a small project that he says is “relatively new to the ecosystem” and provides a “real use case” in the form of the Data Lake Chain. Its goal is to create a global blockchain-based medical data donation system.
Currently, LAKE's price is $0.01489, reflecting a 3.98% decline on the daily chart, as well as a 22.23% decline over the past week and a larger 47.66% loss for the month (data from crypto monitoring platform CoinGecko) .
Data Lake 24-hour price chart. Source: CoinGecko
Conclusion Regardless of anything, we must not forget that the situation on the crypto market is often unpredictable and develops according to its own scenario, different from the opinion of analysts.