Given the high volatility of Bitcoin, traders try to select altcoins, investments in which can bring short-term profit. We invite you to familiarize yourself with the list of three coins costing less than $0.10 that can solve the above problem.
Radix (XRD)
The first of these is Radix (XRD), a layer 1 blockchain cryptoasset that serves as a connecting platform for decentralized finance (DeFi) application developers. His team recently announced the launch of Project Ignition, designed to increase the liquidity of major cryptocurrencies on the platform.
The latest Radix technical analysis showed strong upside signals indicating a "Strong Buy". The token is currently trading at $0.0682. Over the past week, when most of the market had weak dynamics, the asset rose in price by 14.78%; over the month it added 42.55 in price
Izumi Finance (IZI)
Liquidity-as-a-service (LaaS) platform crypto asset Izumi Finance (IZI) can expect significant progress in the near future as its team recently announced a partnership with Build On Bitcoin (BOB) Layer 2 hybrid network combining security and liquidity #BTC and #ETH .
Thanks to strong positive sentiment around this and many other partnerships, IZI is up 11.97% over the past week and 33.99% over the month, currently trading at $0.019ZZ.
Nervos Network (CKB)
Third place in this list is occupied by Nervos Network (CKB), a Proof-of-Work (PoW) platform that allows you to create decentralized applications (dApps) for their subsequent deployment in various blocks of the Ein system. The project team continues to work hard to develop its network, including by increasing the number of developers.
Thanks to the extremely positive indicators and the price exceeding several moving averages (MAs) in recent days, the price of CKB over the week managed to rise by both 10.16% and as much as 110.48%, reaching $0.0211.
The sub-$0.10 cryptocurrencies listed above can indeed provide good investment opportunities, but the volatile cryptocurrency market constantly forces you to deposit as per the traders' recommended strategy.