As the end of the week is drawing close, the cryptocurrency sector has recorded significant gains over the previous days, and while many cryptocurrencies are starting to consolidate, there are others that are still a good buy in the week to come, some even at a low entry price of under $0.10 per unit.
Indeed, Finbold has analyzed the crypto market to arrive at the list of five digital assets that have recently stood out with their price movements, investor interest, and development efforts, hence representing an attractive investment opportunity for the next week.
Shiba Inu (SHIB)
The world-famous dog meme cryptocurrency Shiba Inu (SHIB) has recently re-captured investor attention thanks to the major partnership with the American-based financial services company Robinhood, which has also announced the extension of its crypto services to the state of Nevada.
On top of that, a surge in its trading volume recorded in recent days suggests a heightened interest that could be a precursor to significant price movements. As for its price, SHIB was at press time trading at $0.000007875, which is a decline of 0.43% but still an advance of 12.58% on its weekly chart and an 8.48% gain in the past month.
At the same time, the trading volume and price of FLOKI (FLOKI), the utility token of the Floki Ecosystem, has recently skyrocketed upon the news that its Decentralized Autonomous Organization (DAO) is launching the TokenFi token dedicated to the rising real-world asset (RWA) segment, before the FLOKI staking program.
At the time of publication, FLOKI was changing hands at the price of $0.0000381795, up 23.76% on the day, while accumulating a massive 104.96% gain across the previous week and an even higher 143.50% advance on its monthly chart, as per data on October 27.
As the memecoin fever steals Bitcoin’s spot exchange-traded fund (ETF) spotlight, the frog-themed cryptocurrency Pepe (PEPE) has doubled its market capitalization to over $500 million in a single week, with a massive uptick in on-chain activity and trading volume, as well as surpassing 155,000 individual crypto wallets holding it.
In terms of its price during the past day, Pepe has recorded an increase of 0.10%, a gain of 79.58% in the last week, as well as strengthening by 64.65% on its monthly chart, and is currently trading at $0.000001184, according to the information on October 27.
Elsewhere, WAX (WAXP) has recently announced its company was teaming up with Amazon Prime Gaming to bring digital collectibles and other perks for the Brawlers gamers around the world, with an aim “to set new benchmarks in the integration of the gaming universe into Web3.”
Presently, the price of WAX stands at $0.05725, which represents an increase of 10.34% in the last 24 hours, adding up to the 10.03% gain across the previous seven days and advancing an impressive 42% in the past month, as the most recent charts show.
Meanwhile, crypto custody provider Atato has recently confirmed the integration of its Bring-Your-Own-Chain (BYOC) network with Cronos (CRO) chain and XRP Ledger (XRP), with a mission to eradicate coding processes, as well as offer enhanced security, flexibility, and functional efficiency for crypto assets.
As things stand, Cronos is currently changing hands at the price of $0.05887, recording a 1.3% decline in the last 24 hours but nonetheless increasing its value by 12.87% across the previous seven days, as well as growing 17.34% over the past month, as data shows.
All things considered, the above assets have shown strength and positive developments in recent days and indicate that further increases could be in store for them in the week starting October 30. However, things in this industry can sometimes change on a whim, so doing one’s own research is important.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.