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3 cryptocurrencies worth less than $ 1 that can grow significantly are named

5:33 pm, June 29, 2023

! Not financial advice — ed.

Cryptocurrency experts say that while bulls and bears continue to tug-of-war, some digital assets are unexpectedly showing excellent investment potential in the short term.

Finbold analysts have analyzed the cryptocurrency sector and identified several virtual coins that cost less than $ 1 and can bring profits to investors.

Stellar (XLM)

According to NebraskanGooner, a crypto trading expert, XLM is «experiencing a big surge and is outshining many other well-known altcoins.» The cryptocurrency grew by 17% in a week, which gave investors a reason to consider buying XLM.

At the time of writing, the asset is trading at $ 0.1021 with a market capitalization of $ 5.1 billion. Bidders made daily deals worth $ 142.5 million.

VeChain (VET)

VET is considered a good investment in July 2023, thanks to its price dynamics and listing on the Coinbase cryptocurrency exchange.

The token is currently trading at $ 0.1 904 with a market capitalization of $ 1.6 billion. Traders made daily trading deals worth $ 62 million.

XRP (XRP)

Another digital asset that has been boasting steady growth in recent weeks is XRP. A token that is still at the center of a legal scandal. As a reminder, the US Securities and Exchange Commission (SEC) has filed a lawsuit against the blockchain company Ripple, accusing it of illegally selling securities.

At the time of writing, XRP is worth $ 0.4721, with a market capitalization of $ 47.2 billion. The daily trading volume exceeded $ 944.1 million.

Finbold experts emphasize that digital assets can be a good investment tool, but it is important to remember that the crypto trading sector is sometimes prone to surprises. Therefore, it is worth checking digital tokens carefully before investing a significant part of your portfolio in a particular asset.

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BTC

$76,334.31

0.38%

ETH

$2,908.99

8.04%

BNB

$601.78

2.06%

XRP

$0.56

2.62%

SOL

$197.11

3.93%

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