With the beginning of the new week, most assets in the cryptocurrency sector are slowly starting to slow down and consolidate their gains from the previous days, but some of them still represent a valuable investment and are available at the price of under 20 cents apiece.
In this context, Finbold has analyzed the crypto industry to arrive at a list of four digital assets that currently cost less than $0.20 per wholecoin but might be among the best purchase choices for crypto traders and investors looking to grow their portfolios this week.
#1 TRON (TRX)
Despite reports of criminal transactions on TRON (TRX), one of the largest blockchains in the world, its native crypto asset is witnessing gains on most of its charts as it continued to surge toward its highs from 2021, thanks to the network’s growth in utility, as well as its role in the stablecoin market.
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Indeed, TRON has advanced 0.43% in the last day, adding up to the increase of 5.29% across the previous week and a 10.49% growth on its monthly chart, as is currently trading at $0.13, according to the most recent price data retrieved by Finbold on February 12.
#2 Stellar (XLM)
Meanwhile, Stellar (XLM) has recently made an effort to reverse its previous losses and move away from the $0.10 zone, promising even more gains if it succeeds in moving above the critical resistance line at $0.113, particularly important after earlier uncertainties saw it decline nearly 15% this year
As things stand, Stellar is currently changing hands at the price of $0.1103, recording a 1.19% decline in the past 24 hours, gaining 0.72% over the previous seven days, and losing 7.5% across the past month, as the latest charts demonstrate.
#3 Kaspa (KAS)
At the same time, Kaspa (KAS) seems to be making a push toward that $2-$3 price level earlier predicted by the renowned pseudonymous crypto trading expert Crypto Rover, who believes this asset is “extremely bullish” due to the fact that no big crypto exchanges have listed it yet.
As it happens, Kaspa is presently trading at the price of $0.138, which suggests a decline of 4.52% on the day but nonetheless an impressive weekly advance of 36.03% and an accumulated gain of 20.39% across the previous 30 days, as per the most recent chart information.
#4 Algorand (ALGO)
Finally, the team at Algorand (ALGO) continues to work hard on developing its ecosystem, as well as bringing blockchain technology to the masses, including through its foundation’s AlgoBharat initiative for the launch of the Startup Lab program to support 20 Web3 startups in India.
As things stand, the price of Algorand at press time amounted to $0.174, suggesting it has dropped 0.99% in the last 24 hours but increased 8.4% across the past seven days as it moves to reverse the 7.35% decline accumulated in the last month.
In summary, the above assets under 20 cents per wholecoin might represent an excellent opportunity to buy this week. That said, the situation could change at any moment, so doing one’s own research and weighing the risks is important before investing in them.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.