While the cryptocurrency markets have not made many surprising twists in recent days due to, in part, the pressure coming from the United States Securities and Exchange Commission (SEC), this might be the time to invest in some of the cryptocurrencies that still cost less than $0.10 per wholecoin.
In this context, Finbold has analyzed the crypto sector to reveal several of the most promising digital assets that have shown strength and potential to grow their price in the near future and represent an attractive investment in the week to come.
Kaspa (KAS)
With its aim to become “the fastest and purest” Proof-of-Work (PoW) engine, Kaspa (KAS) has been lining up successes in recent weeks, including the listing of the Kaspa asset and trading pair on the Isolated Margin Trading platform of crypto trading network KuCoin, as well as on other crypto exchanges.
Presently, Kaspa was changing hands at the price of $0.02134, demonstrating an increase of 19.11% on the day, gaining 34.20% over the previous week, and growing by 11.24% on its monthly chart, as per the latest data retrieved by Finbold on June 16.
XDC Network (XDC)
At the same time, the token of the enterprise-grade open-source blockchain protocol XDC Network (XDC) continues to be a good (and cheap) investment thanks, in part, to the organization’s contributions toward turning Dubai into a rapidly expanding Web3 hub and the “Silicon Valley of the Web3 era.”
As things stand, XDC is currently trading at $0.03263, which represents a 1.97% gain in the last 24 hours and an advance of 2.73% across the past 30 days, as it tries to reverse the losses of 8.96% accrued over the previous week, the charts indicate.
Beldex (BDX)
Finally, Beldex (BDX), the utility crypto asset of the private ecosystem of decentralized applications (dApps) that promises to provide its holders with power and control to perform public and private transactions, has been on the rise as well amid the bearish sentiment on the wider crypto market.
Specifically, on its daily chart, it has recorded an increase of 8.53%, adding up to the 12.02% gain across the previous seven days, as well as a solid 25.05% increase over the past month, at the time of publication trading at $0.05433, as the most recent information suggests.
Conclusion
All things considered, just because an asset has a low price per unit does not mean it is not a good investment, particularly if such a cryptocurrency has otherwise made solid progress in recent weeks and has proven its potential. That said, every investor should conduct their own research before spending any significant amount of money.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
