Amid all the excitement in the cryptocurrency market triggered by the favorable ruling for blockchain company Ripple and the XRP token in a court standoff with the United States Securities and Exchange Commission (SEC), the time is ripe for investing in some crypto assets that still cost less than $0.10 per wholecoin.
With this in mind, Finbold has scoured through the sector to find several of the most promising cryptocurrencies that have demonstrated the capability to advance, both in terms of their price and relevant developments and represent a good opportunity to invest in during the next week.
Dogecoin (DOGE)
As it happens, speculations have emerged that Dogecoin (DOGE) could become a native currency for Twitter (NYSE: TWTR) rival Threads launched by Meta Platforms (NASDAQ: META), which Twitter has accused of copying the social media giant and its CEO Elon Musk – who had earlier hinted at introducing DOGE support for Twitter.
Meanwhile, DOGE was at press time changing hands at the price of $0.06996, recording an increase of 7.14% on the day, as well as gaining 6.95% across the previous week, adding up to the 13% advance on its monthly chart, as per the latest data on July 14.
Chiliz (CHZ)
At the same time, the native blockchain of sports utility crypto project Chiliz (CHZ) has announced the integration with ONTO Wallet, a decentralized multi-chain gateway for identity and asset management that now supports the self-custody of CHZ and Chiliz Chain Fan Tokens.
As things stand, Chiliz is currently trading at the price of $0.08317, up 7.32% in the last 24 hours, gaining 9.12% over the past seven days, and advancing 22.36% in the last month, according to the most recent crypto charts accessed on July 14.
Hedera (HBAR)
In terms of other potentially bullish investments, Hedera (HBAR) has stood out over the major upgrade of its Proof-of-Stake (PoS) distributed ledger mainnet, revealed in a tweet by SaucerSwap Labs, the decentralized exchange operating on the Hedera network, shared on July 11, in addition to several other important developments.
As a result of these developments and the generally positive market sentiment, the price of HBAR has raced 7.95% on the day, as much as 12.19% across the last week, and 11.61% over the previous month, and currently amounting to $0.05221, as per the information retrieved by Finbold on July 14.
Pepe (PEPE)
In the meantime, a newcomer to the crypto sphere that has sparked a renewed craze over meme cryptocurrencies, Pepe (PEPE), has again caught the community’s attention after a major Ethereum (ETH) whale purchased more than $1 million worth of PEPE (173 billion PEPE) in a month and continued to accumulate.
Indeed, the digital asset inspired by the Pepe the Frog meme has been consistently growing its price over the last month, gaining 89.33%, whereas on its weekly chart, it has advanced 13.83%, rallying 16.70% across the past 24 hours, and presently trading at $0.000001755.
Ankr (ANKR)
Last but not least is Ankr (ANKR), the native token of Ankr Protocol, one of the leading node providers on Binance and Polygon (MATIC), which has recently partnered with the Flare (FLR) blockchain, allowing its developers to use Ankr’s API endpoints instead of their own Flare nodes.
In response to this development and the crypto market turning over a green leaf, the price of ANKR has increased 4.25% on the day, 11.41% across the previous week, as well as 27.06% on its monthly chart, trading at $0.0257, as per the recent information retrieved on July 14.
Conclusion
All things considered, the above cryptocurrencies seem to be a solid investment option for the next week. However, it is important to remember that things in the crypto industry can sometimes change on a whim, so doing one’s own due diligence and researching before investing is critical.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
