The cryptocurrency ecosystem is evolving, with new projects emerging every day. Many investors wonder if they missed out on the rise in assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), but there are other promising coins to bet on as well.
This is a list of the 7 most popular cryptocurrencies that you can buy for less than $1. However, this should not be used as investment advice, but as a basis for further research.
Flare (FLR)
Flare is a protocol that provides important Oracle services that improve data access on Web3 and the broader Internet. The native token, FLR, is currently trading at $0.04119, up 2.4% in the past 24 hours. The market capitalization of the token also increased to $1,433,259,188.
Flair’s appeal as a popular cryptocurrency rests on its meteoric rise, which has soared 24.47% over the past year, highlighting its potential for steady growth. FLR withstood strong selling pressure and formed major support around the $0.03 level. Flare Protocol is expanding its ecosystem and represents demand for FLR, which could fuel its rise to an all-time high (ATH) of $0.0797.
VeChain (VET)
VeChain is an enterprise-grade blockchain whose native coin VET has risen 6.74% in the past 24 hours to $0.05024 at the time of writing. VET’s Relative Strength Index (RSI) is 62, indicating well bought but not oversold.
VeChain remains one of the best performing altcoins in the last year, rising 130% to $3,648,120,468. Despite this impressive upward trend, VET has plenty of room to grow and has the right fundamentals to support that growth.
XRP
With a market valuation of $34,099,687,143, XRP has risen to the top of the list of digital currencies for the year, thanks to a 60.37% increase in value over the previous 12 months to $0.6231.
XRP has persevered through many obstacles to build a solid base at $0.6, and analysts predict that the coin may eventually break out in the long run. XRP is still a good coin to purchase for less than $1, with additional room to test the all-time high of $3.81.
Shiba Inu (SHIB)
Based on current numbers, the Shiba Inu is poised for a big rise if this momentum continues. The token has risen over 61% in the past 7 days and over 284% in the last month, taking its price to $0.00003546.
Shiba Inu is now easily the 10th largest cryptocurrency by market capitalization, overtaking Avalanche (AVAX) last week. Shiba Inu’s RSI is overbought at his 83.77, but there is more than 74 gains and little resistance to his attempt to reclaim his ATH of $0.00008845.
Floki
The meme coin formerly known as His Floki Inu has broken several records with its impressive numbers over the past year. The price was $0.0002413, up 3.43% in 24 hours. Floki’s market capitalization was $2,304,472,153 and trading volume was $1,907,715,905, an increase of 2% in 24 hours.
Last month, Floki recorded growth of 670%, with annual growth rate of 586%. Despite predictions based on this rally, innovations in staking, aggressive burning or deflationary campaigns, and TokenFi’s potential, there is a good chance that FLOKI will achieve more than simply entering CoinMarketCap’s top 100. The token is about to retest her ATH of $0.0003437.
Cardano (ADA)
Cardano is a promising Proof of Stake (PoS) protocol. Many believe that ADA’s price and market cap ($0.7442 and $26,415,132,936, respectively) are undervalued.
Cardano has experienced impressive growth over the past year, with 3% growth in the past 24 hours, 37.5% growth in the last month, and over 139.5% growth in the past year. Cardano rose from a low of $0.2304 to $0.7966, showing how volatile it can be as it attempts to reach further bullish highs.
Cardano is still 76.02% below its $3.10 ATH, and positive trends in the ecosystem could retest this price in the long term.
PEPE
The price of PEPE, one of the best performing meme coins, has increased by 108% in the past 7 days. The token’s growth outlook shows it grew 813% last month, particularly benefiting from the ongoing bull run across the market.
PEPE price is currently $0.000008815 and the market cap is $3,707,043,212, so this coin has higher long-term growth potential. However, the possibility of a short-term correction cannot be ruled out due to the recently observed whale sales.
PEPE recently reached a new high of $0.000009885, but there is actually some price discovery occurring that could push the price to unprecedented highs.
Disclaimer: The information presented here is not intended to be financial advice. This article’s viewpoints may be the author’s own, and The Crypto Basic does not endorse any of the ideas presented. It is advised that before making any financial decisions, readers do extensive research. For any financial losses, The Crypto Basic is not responsible.