Top 5 Cryptocurrencies to Buy Under $1 Next Week

With over 1.8 million cryptocurrencies available, it can be difficult for speculators to decide which projects to focus on. Listening to others can provide valuable information, but it should be done with caution. Finbold has selected five interesting cryptos trading for under $1 per unit as a guide for further research, not as investment recommendations.

XRP (XRP)

– XRP is waiting for an entry point, and recent updates on the Ripple vs. SEC case may create uncertainties.
– XRP is trading at $0.63 with slight gains in the last 24 hours and a loss in the 7-day timeframe.
– Ripple has been announced as an official member of the BIS cross-border payments taskforce.

Cardano (ADA)

– Cardano is seeing growing interest from DeFi investors, with a record high Total Value Locked (TVL) among 24 DeFi protocols.
– The second quarter of 2023 was the best-performing quarter for Cardano, with increased DApp transactions and activity.
– ADA is trading at $0.29 with losses in the last 24 hours and the 7-day timeframe.

Shiba Inu (SHIB)

– If Shiba Inu had Dogecoin’s market cap, 1 SHIB would be worth $0.000011, indicating a potential upside.
– The upcoming launch of Shibarium, a layer-2 blockchain for Ethereum, is generating expectations.
– SHIB is trading at $0.00001018 with gains in the last 24 hours and the 7-day timeframe.

Nano (XNO)

– A technical analyst sees an “Inverse Head and Shoulders” pattern for Nano, indicating a potential trend reversal.
– Nano is a low-cap crypto with worldwide permissionless transactions and zero fees.
– XNO is trading at $0.66 with losses in the last 24 hours and the 7-day timeframe.

Arkham (ARKM)

– Arkham Intelligence launched an intelligence marketplace and its own ARKM token, which saw a surge after listing on Binance.
– The token is used for intel bounties and as a governance token for user participation.
– ARKM is trading at $0.419 with gains in the last 24 hours and losses in the 7-day timeframe.

Hot Take

These five cryptocurrencies under $1 offer potential opportunities for investors. However, it’s important to conduct thorough research and consider the risks before making any investment decisions. Remember, investing in cryptocurrencies is speculative and carries the risk of capital loss.