There are a ton of new tokens and coins in the cryptoverse that can distribute incredible gains. The trending category in the cryptocurrency world is always shifting with each week and month that goes by, which suggests that new currencies may emerge and do quite well in the eyes of the general public.
These coins have a genuine attraction that allows customers to thoroughly research and evaluate the industry’s viability in all its radiance.
Here is a list of top 3 coins under $5 that users can explore for quick profits.
Trending Crypto Coins Under $5 For Immediate Profits Starting From
1: Shiba Inu
Shiba Inu is considered a leading crypto token, mainly due to its thriving ecosystem. The token always aims to create a wealth of new industries for users to explore, expanding their choices and options.
According to Coincodex, Shiba Inu is expected to rise by 200% by the end of May 2024. The token will be traded and could go up to $0.00008191. His upcoming SHIB rally can distribute quick profits, making it a favorable token to hold and store.
Shiba Inu price can increase by 228.45% and reach $0.00008191 by June 5, 2024. According to our technical indicators, current sentiment is bullish, with the Fear & Greed Index reading 71 (greedy). Shiba Inu recorded 16/30 (53%) green days in the past 30 days with price volatility of 8.72%. ”
2: XRP
Despite being embroiled in a bitter legal battle with the U.S. Securities and Exchange Commission, XRP continues to maintain its stable position. The token is currently trading at $0.54, up 2% in the past 24 hours. The Ripple SEC litigation proceedings have long affected the token price threshold and will continue to do so until the litigation is formally concluded.
As the current court case gains momentum, the debate over XRP SEC penalty payments will also impact the price of XRP to a whole new level.
According to Coincodex, XRP could reach $0.65 by the end of 2024, increasing its valuation by almost 20%. Ripple’s promising series of alliances and partnerships are also likely to play a key role in determining the price of XRP, making it a good coin to own and explore.
“The price of XRP may rise by 20.77% and reach $0.658367 by June 5, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 71 (greed). XRP recorded 14/30 (47%) green days with 7.49% price volatility over the last 30 days.”
3: DogWifHat
Among the plethora of meme coins, DogWifHat, inspired by Solana, has been trending recently due to the excellent price threshold achieved by the token. WIF has emerged as one of the most promising meme currencies to dominate the current bullish season, with its price breaking new price milestones every day. WIF has recently surpassed Mantle, Optimism, and OKB tokens in terms of market capitalization, demonstrating its capabilities as a robust crypto token.
According to CoinCodex, WIF is likely to rise 200% by the end of 2024 and trade in the $10 range this month.