As the current week comes to a close and the next week approaches, some cryptocurrencies have slowed down their gains while others continue to perform well, with some still available at a low price of under $1 per coin.
To help crypto traders and investors make informed decisions, Finbold has analyzed the crypto market and identified three cryptocurrencies that are currently priced below $1 but have potential for growth in the coming week.
#1 Fetch.ai (FET)
Fetch.ai (FET) recently reached its yearly high after experiencing significant growth throughout 2023. Traders are optimistic that this upward trend is just the beginning. According to cryptocurrency expert Crypto Tony, there is potential for further gains in Fetch.ai. The current price of Fetch.ai is $0.63, with a 14% increase in the day, a 19.93% gain over the previous week, and a 54.9% increase over the past month.
#2 Cardano (ADA)
Cardano (ADA) has seen substantial gains in recent days, with a 65% increase since a dropoff in small wallets four weeks ago. It reached a high of 1.5, with its volume, sentiment, and discussion rates reaching their highest levels in 2023. The current price of Cardano is $0.61, with a daily advance of 6.48%, a weekly gain of 37.38%, and a monthly gain of 65.34%.
#3 Algorand (ALGO)
Algorand (ALGO) has also shown promise, especially after partnering with the United Nations Development Program (UNDP) to establish a UN Blockchain Academy. It has demonstrated social dominance in 2023 and is currently trading at a price of $0.19. While it has seen a decrease of 2.91% in the last 24 hours, it has grown by 24.04% over the previous seven days and 37.69% on its monthly chart.
Conclusion
These three cryptocurrencies under $1 have significant potential for further gains. However, the cryptocurrency market can be unpredictable, so conducting your own research and risk analysis is crucial before making any investment decisions.
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