Santiment analysts have identified 3 cheap tokens that will grow in the near future

According to Santiment analysts, since the beginning of 2023, investor interest in three small-cap altcoins has increased several times.

Editor’s note: not financial advice!

According to crypto sector experts, if users continue to buy these digital assets, they will experience rapid growth in the future. Investors are currently buying the most: Ribbon Finance (RBN), Smooth Love Potion (SLP), and Marlin (POND).

«As the largest cryptocurrencies, such as Solana, Cardano, and Polkadot, gained significantly in value in the first three weeks of January, investors started buying cheaper tokens. We saw an increase in addressable activity for many digital assets: RBN, SLP, POND, CBG, MITX, MTH, TRADE, and PLSPAD,» the Santiment representative emphasized.

Ribbon Finance (RBN) is a decentralized finance protocol created on the Ethereum network. At the time of writing, the RBN token is trading for $ 0.251, ranking 204th in terms of market capitalization. Over the past 7 days, the digital asset has grown by more than 26%.

Smooth Love Potion (SLP) is an ERC-20 game token in the popular NFT game Axie Infinity. Its supply is unlimited and the token is the main source of income for Axie Infinity gamers. SLP currently ranks 229th in terms of market capitalization, trading at $ 0.0032. The token’s growth rate over the past 7 days is 24.8%.

Marlin (POND) is a token on the Ethereum network based on the Marlin protocol, which is designed to scale peer-to-peer networks by improving communication between nodes. At the time of writing, POND is trading at $ 0.0099, ranking 321st in terms of market capitalization. The token’s value has increased by 14.4% over the past week.

As for the flagship cryptocurrency, over the past 7 days, bitcoin has risen by 11.4%, and over the past day — by 2.6%. The Bitcoin Rainbow chart, which is used to determine the possible dynamics of bitcoin’s value, shows that BTC $56,416.10 Bitcoin -1.81% Market capitalization $1.11 trillion VOL. 24 hours $4.33 billion has started a growth phase. BTC is in the «Buy» zone after previous consolidation in the «Fire Sale» zone. The trajectory reflects the historical trend last seen in March 2020.