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