As we approach New Year’s Eve, the cryptocurrency market is still filled with excitement, despite Bitcoin’s price dropping below $42,000. However, there are several other cryptocurrencies that are still performing well and have a positive outlook. If you’re looking to invest in cryptocurrencies under $1, here are three options that could be worth considering.
#1 Cardano (ADA)
Cardano has had a successful year, with its price increasing by 140%. It has also achieved a milestone of $395 million in total value locked (TVL), indicating further success. Currently priced at $0.588, Cardano has gained 5.39% in a day, 47.09% in a week, and 51.30% in a month.
#2 Dogecoin (DOGE)
Despite falling below the $0.10 threshold it reached in April, Dogecoin is showing bullish momentum and is expected to push higher. It is currently priced at $0.096, with a 2.15% decline in the last day but still holding onto gains of 9.03% in a week and 21.07% in the past month.
#3 Loopring (LRC)
Loopring is a scaling solution that operates on Layer 2 of the Ethereum network. Experts predict a possible bullish explosion for Loopring, which could result in a 500% rally in the near future. It is currently trading at $0.254, with a 4.49% increase in the last 24 hours, an 8.98% gain in a week, and a 3.96% increase on its monthly chart.
In conclusion, these cryptocurrencies under $1 have great potential for investment this New Year’s. However, it’s essential to conduct your own research and assess the risks before investing a significant amount.
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