5 promising cryptocurrencies that are cheaper than $ 0.1 are named

Editor’s note: not financial advice!

Cryptocurrency analysts have identified 5 digital assets that are «showing strength» even amid bearish market sentiment. Currently, all the tokens listed below can be purchased for less than $ 0.1, but the situation may change in the near future.

Dogecoin (DOGE)
Experts have named the Dogecoin (DOGE) memtoken as one of the best market players in recent weeks. The digital asset received a strong bullish impulse from one of its most famous supporters, Elon Musk, who recently replaced the iconic Twitter logo with the letter «X».

As a result, Dogecoin recorded growth on all charts: over the past day, it rose by 0.9%, over the week — by 9.2%, and over the month — by 21.7%. At the time of writing, Dogecoin is trading at $ 0.079.

XDC Network (XDC)
Next on the list is the token of the XDC Network (XDC) blockchain platform for the development of decentralized applications (dApps). The digital asset has shown impressive growth, all thanks to a joint effort with Japanese crypto asset trading firm SBI VC Trade to sponsor the WebX 2023 conference.

Over the past day, XDC grew by 11.2%, over a week — by 52.9%, and over a month — by 90.7%. The cryptocurrency is currently trading at $ 0.061.

TRON (TRX)
Along with the aforementioned tokens, the TRON token (TRX) is in the spotlight. This is because of the information that several groups of supporters of the banned ISIS terrorist organization in Afghanistan, Tajikistan, and Indonesia used Tether (USDT) on the TRON network.

The controversial news only strengthened TRX’s position in the crypto market, briefly raising its price above $ 0.092. The digital asset is currently trading at $ 0.082, up 1.8% over the past 24 hours. TRON is up 2% in 7 days and 10.4% in a month.

Kaspa (KAS)
The crypto asset of the Kaspa platform, which is based on the GHOSTDAG protocol and operates on the principle of proof of work (PoW), is also moving on an upward trajectory. According to analysts, the growth of KAS is due to the spread of rumors about the potential integration of smart contracts into the project.

At the time of writing, KAS is trading at $ 0.038, up 0.5% over the past day. The weekly growth is 10%, and the monthly growth is 53.5%.

Casper Network (CSPR)
The last token to be singled out by experts was the Casper Network PoS blockchain token CSPR, which briefly reached a price of $ 0.04, returning to $ 0.038. Earlier, the company announced the tokenization and listing of shares on the INX platform, as well as a major update to its wallet.

Over the past day, Casper’s token managed to grow by 1.8%, and by 6.2% over the week. However, over the past month, the cryptocurrency has dropped by 5.2%.

According to Kaiko analysts, the dominance of altcoins in the cryptocurrency market reached a four-month high in July. The rating is headed by XRP.