Cryptocurrencies, such as Bitcoin (BTC), have been trading below their historic highs of 2021. This is seen by some as an opportunity to acquire promising coins at discounted rates. Finbold identified three cryptos trading for under $0.1 which could be worth considering in the next week.
Dogecoin (DOGE), the biggest meme coin in the world and a potential payment method at X.com (formerly Twitter), was trading at $0.06 and had a 0.4% dip in the past week with a 2.3% drop on the month. It has outperformed 75% of the top 100 cryptocurrencies in the past year.
Hedera (HBAR) is the 30th largest cryptocurrency by market cap. It has been gaining attention due to its collaborations with Kia and Hyundai, and its plan to push into the stablecoin market with Stablecoin Studio. HBAR was trading at $0.05 with a 0.9% increase in the past 24 hours, 0.05% gain in the past week, and a 15% loss on the month. It outperformed 52% of the top 100 crypto assets in 1 year.
Kaspa (KAS) is a decentralized and highly scalable protocol crafted to tackle the shortcomings of current blockchain networks. With an upgrade to its mempool design, a single node was able to handle 1.4 million transactions. KAS was trading at $0.05, down 1.6% on the day, 1.8% in the past week, and up 11% across the month. It has skyrocketed by a staggering 999% in the last year, outperforming 99% of the top 100 crypto assets.
These cryptocurrencies may currently face pressure, but the dynamic nature of the digital asset realm suggests that unexpected breakthroughs remain a possibility. It is important to remember that crypto assets primarily rely on the overall market sentiment when entering the market.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
