Analysts named cryptocurrencies worth up to $ 1 that will bring significant profits

! Not financial advice — ed.

The cryptocurrency market offers a wide range of opportunities, and while Bitcoin BTC $56,506.40 Bitcoin -1.08% Market capitalization $1.11 trillion VOL. 24 hours $2.78 billion and Ethereum ETH $3,004.03 Ethereum 0.71% Market capitalization $361.09 billion VOL. 24 hours $1.5 billion are often in the spotlight, there are little-known altcoins worth up to $ 1 that have growth potential. However, it is important to understand that such virtual coins are associated with a high level of risk.

Digital asset industry analysts advise crypto investors to pay attention to three tokens:

Polygon (MATIC)

Polygon MATIC $0.50 Polygon 1.18% Market capitalization $4.62 billion VOL. 24 hours $46.47 million functions as an Ethereum Layer 2 scaling solution. The main goal of the network is to help blockchains solve problems in their chains. According to the developers, the blockchain processes thousands of transactions per second (TPS).

At the time of writing, MATIC is down 3.3% and trading at $ 0.75. The total number of coins circulating on the market is $ 6.9 billion. Traders made daily trading deals worth $ 329.7 million.

Stellar (XLM)

A decentralized peer-to-peer (P2P) network that has recently been on a bullish trend line. As of November 27, the virtual coin XLM $0.09 Stellar -1.62% Market capitalization $2.5 billion VOL. 24 hours $5.34 million is available for purchase at $ 0.11, a 2.52% drop. The asset’s market capitalization amounted to $ 3.2 billion, and daily trading transactions exceeded $ 102.32 million.

«XLM is holding steady at $ 0.98 and is waiting for a big surge; it looks like it is ready for a bullish breakout and will be the first to reach $ 1,» said a crypto expert under the pseudonym Richburst9.

The expert’s forecast falls short of the highest peak that the coin recorded in July — $ 0.196, but the success of the project depends on the team’s ability to establish partnerships and achieve wider adoption.

XRP

XRP XRP $0.43 XRP 0.58% Market capitalization $24.03 billion VOL. 24 hours $0.22 billion facilitates international money transfers using a blockchain-based payment protocol. Ripple is often compared to the global payment system SWIFT.

Today, XRP is available for transactions at an average price of $ 0.6. The digital coin’s market turnover amounted to $ 32.6 billion. Traders made $ 1.4 billion worth of trades per day.

Analysts note that it seems that the cryptocurrency is breaking out of the bearish trend it has been in since early November. This indicates that XRP may rise to $ 0.65 in the near future, according to crypto expert Ali Martinez.