Although the majority of assets in the cryptocurrency market have been following a largely bearish streak, there are still some assets that have been quietly outperforming, some of them still available at the low entry price threshold of $0.10 per wholecoin.
In this context, Finbold has scoured the crypto sector to arrive at the list of several digital assets that stand out with their potential to grow their price in the near future, offering an attractive investment opportunity for the week starting August 7.
Shiba Inu (SHIB)
The first on the list of most attractive crypto investments under $0.10 is Shiba Inu (SHIB), the dog meme digital asset that has recently come under the limelight due to Binance, one of the largest crypto exchanges in the world, expanding its loan services with Shiba Inu as a collateral asset.
In the meantime, Shiba Inu is changing hands at the price of $0.000008599, recording an increase of 4.47% in the last 24 hours, in addition to gaining 9.77% across the previous week, as well as advancing 14.67% on its monthly chart, as per data on August 4.
XDC Network (XDC)
At the same time, Singapore-based XinFin Network’s native cryptocurrency, XDC Network (XDC), recently skyrocketed more than 300% from its monthly low of $0.03 to achieve its one-year high of $0.08, which is the highest level seen since January 2022, and a culmination of a five-day bullish rally.
Although the reason behind such behavior is not clear, the network has recently made headlines with high-profile collaborations, such as the Authenticity Guarantee for streetwear on eBay (NASDAQ: EBAY) and the R3 Corda partnership. XDC is now trading at $0.08148, up 9.65% on the day, adding up to the 37.45% gain across the week and a whopping advance of 153.03 in the last month.
Meanwhile, the token of the Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform Kaspa (KAS) has generated massive attention itself, thanks to its impressive performance that may have to do with the company’s successful completion of the crowdfunding endeavor to secure an acclaimed Tier-1 exchange listing for KAS.
As it happens, Kaspa has been recording consistent gains across all of its charts, including the year-to-date (YTD), on which it has advanced a whopping 783.27%. Presently, its price stands at $0.04591, which represents a 1.91% increase in the last 24 hours, a 27.76% advance across the past seven days, and a 100.81% gain in the last month.
All things considered, the above crypto assets under $0.10 have demonstrated the capability to excel and grow their price amid market sluggishness that has affected even the flagship decentralized finance (DeFi) asset. However, things can change radically in this sector, which is why conducting one’s own research is of utmost importance.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.