With the first month of 2023 already nearing its end, the majority of chatter in the ຊ່ອງ cryptocurrency revolves around its most well-known representatives – Bitcoin (BTC) ແລະ Ethereum (ETH). However, there are plenty of assets that are equally deserving of the ນັກລົງທຶນ’ attention and which are obtainable for under a dollar.
With this in mind, Finbold has analyzed the cryptocurrencies that can still be purchased for $1 or less, to arrive at the list of five that have the best qualities and potential to succeed in this category (in no particular order), making them worthy of keeping an eye out in February.
Cardano (ADA)
Boasting the status of the crypto protocol with the highest development activity in 2022, ການ Cardano (ADA) team has many more updates up its sleeve, including its Djed stabilitycoin ນັ້ນແມ່ນ ຕັ້ງໃຫ້ເປີດຕົວ in the final week of January, as well as the new functions for its Plutus smart contracts ເປົ້າຫມາຍ for February.
ນອກຈາກນັ້ນ, Cardano ມີບໍ່ດົນມານີ້ ເປີດ the first-ever smart contract written in a Pythonic programming language and was ໄດ້ຮັບຄັດເລືອກ as the platform to feature eTukTuk, the world’s first electric vehicle (EV) project built on a blockchain, all of which make it an attractive ການລົງທຶນ ທາງເລືອກ.
At press time, Cardano was changing hands at $0.36, down 4.21% on the day but still recording gains of 3.88% across the week, and 38.64% over the previous 30 days.
XRP
Being at the center of a long-drawn-out lawsuit between Ripple ແລະຄະນະກຳມາທິການຫຼັກຊັບ ແລະຕະຫຼາດຫຼັກຊັບສະຫະລັດ (SEC), XRP (XRP) is bound to react strongly to the final judgment due to its close connection with the blockchain company. Presently, the odds are in Ripple’s favor.
XRP also features a massive market capitalization, currently standing above $20 billion after it receive an influx of more than $1 billion within 24 hours, positioning it as the sixth-largest digital asset by this indicator, as Finbold ລາຍງານ ໃນເດືອນມັງກອນ 23.
Currently, XRP is trading at the price of $0.41, which represents a decline of 3.42% over the last 24 hours, whereas its weekly gains stand at 4.76% and monthly increases at 17.24%.
shiba inu (shib)
As for the dog meme crypto token Shiba Inu (shib), it has had a solid start to 2023, still being among the crypto market’s most undervalued assets based on short and long-term returns, deeming it a lower-risk investment, as per data from January 20.
ຍິ່ງໄປກວ່ານັ້ນ, Shiba inu ນີ້ແມ່ນ ນິຍົມທີ່ສຸດ non-stablecoin digital asset for first-time ນັກລົງທຶນ crypto in the week leading up to January 22, whereas the SHIB team has been hard at work on the ecosystem, unveiling the concepts for its long-awaited layer 2 blockchain Shibarium.
As things stand, the price of SHIB at the time of publication stood at $0.00001126, decreasing 5.53% over the previous day, while growing 6.98% across the past seven days and 36% during the month.
Dogecoin (DOGE)
Meanwhile, Shiba Inu’s main rival Dogecoin (DOGE), has been on a roll as well, with ເຂົ້າໃນ TheBlock ຂໍ້ມູນ revealing that 60% of Dogecoin holders are making money at the coin’s current price, as opposed to 37% in loss and 3% breaking it even.
DOGE, too, is among the most undervalued assets on the crypto market and has been the ນັກສະແດງທີ່ດີທີ່ສຸດທີສອງ out of the top ten cryptocurrencies by market cap in 2022, having declined ‘only’ 54% over the year, making it one of the tokens to watch in February.
The price of this meme token at press time amounted to $0.08416, representing a decline of 4.71% on the day and 3.22% over the week, as opposed to being up 11.34% compared to 30 days before.
Chronos (CRO)
The native coin of Crypto.com’s Ethereum Virtual Machine (EVM)-compatible ລະບົບຕ່ອງໂສ້ Cronos built on Cosmos (ATOM), Cronos (CRO) is another worthwhile digital asset for February, due to its blockchain’s massive impact on the crypto world and Crypto.com’s ສຸມໃສ່ຄວາມຍືນຍົງ.
On top of that, the Cronos Chain recently came out of the beta version, as it was updated to version 1.0 under the update codenamed ‘Galileo’, promising multiple technical improvements, such as the optimization of node storage and startup times, as well as the features that allow for greater interoperability with Cosmos.
Like the rest of the crypto market, the price of Cronos has followed the overall sentiment, declining 1.84% on the day, but increasing 1.45% across the week and 33.64% during the previous month, as it changed hands at $0.07971.
Although it goes without saying that no smart investor should restrict themselves to assets that cost less than $1, the aforementioned cryptocurrencies are certainly among the most promising to invest in during the month of February 2023.
ປະຕິເສດ: ເນື້ອຫາຢູ່ໃນເວັບໄຊທ໌ນີ້ບໍ່ຄວນຖືວ່າເປັນຄໍາແນະນໍາດ້ານການລົງທຶນ. ການລົງທຶນແມ່ນຄາດຄະເນ. ເມື່ອລົງທຶນ, ທຶນຂອງເຈົ້າມີຄວາມສ່ຽງ.
Source: https://finbold.com/top-5-cryptocurrencies-under-1-to-watch-in-february-2023/