3 cryptocurrencies under $1 to buy for Xmas
While Xmas bells are already chiming through the streets, the cryptocurrency industry is starting to rejoice in what looks like a ‘fresh supercycle’ led by the flagship decentralized finance (DeFi) asset, Bitcoin (BTC), which has surpassed a massive price level at $41,000.
That said, although Bitcoin’s price tag at $41,512 per wholecoin might be too high for some, there are still other, cheaper assets, some that are even trading under the threshold of as little as $1, and Finbold has scoured the market to deliver the list of worthy cryptocurrency purchases for holidays this year.
#1 Cardano (ADA)
Specifically, considering its recent price action and popularity among institutional investors and whales, reflected in the surge in ADA transactions over $100,000 noted by professional crypto trader Ali Martinez, Cardano (ADA) is possibly looking forward to a continuation of the bullish trend, making it a good buy this Christmas.
As for its price at press time, it amounted to $0.40, down 1.45% in the last 24 hours but nonetheless advancing 6.30% across the previous seven days and making more significant progress of 16.62% on its monthly chart, as per the data on December 5
#2 Dogecoin (DOGE)
Meanwhile, Dogecoin (DOGE) managed to overcome a massive obstacle at $0.087 that Martinez earlier predicted could lead to a target of $0.14, which it could reach considering its DOGE-1 Satellite has received a green light from the National Telecommunications and Information Administration (NTIA) for its launch
#3 Polygon (MATIC)
In the meantime, Polygon (MATIC) whales have gone on a buying spree, scooping up 120 million MATIC in the last week of November, or $90 million worth of the token, as Martinez pointed out. At the same time, Coinbase International Exchange and Coinbase Advanced launched Polygon perpetual future contracts.