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Although the cryptocurrency market is starting to consolidate the gains accumulated during the unusually bullish couple of weeks, some of its assets still pose a solid investment opportunity in the week to come, and some of them are still available for under $1 apiece.
In this context, Finbold has scoured through the cryptoverse to discover three of those digital assets that are currently trading at a price of less than a dollar per wholecoin, which could also be among the optimal purchase choices for any crypto trader and investor in the next week.
#1 Dogecoin (DOGE)
Specifically, one of the most prominent such assets is Dogecoin (DOGE), the favorite crypto of Tesla (NASDAQ: TSLA) CEO Elon Musk, who has recently announced that the electric vehicle (EV) manufacturer plans to enable DOGE payments for its products, giving DOGE a massive push.
For the moment, Dogecoin is changing hands at the price of $0.16075, recording a 12.27% drop on the day and losing 5.62% across the previous week but still holding onto the 93.03% gain accumulated over the past month, as per the most recent charts retrieved on March 15.
#2 XRP (XRP)
Next is XRP, which makes the list thanks to its fundamentals that could propel it toward the $1 price level and, according to a pseudonymous crypto analyst CoinsKid might not just hit this target but proceed further toward $27, while Dark Defender has set somewhat lower targets.
In the meantime, the price of XRP at press time stood at $0.6273, which suggests a 7.03% decline in the last 24 hours, albeit a modest gain of 0.02% over the past seven days, as well as a 14.33% advance on its monthly chart, as per the latest information.
#3 The Sandbox (SAND)
Finally, The Sandbox (SAND), a metaverse token that crypto market expert Ali Martinez has argued is the biggest altcoin in the industry for the moment, is “on the cusp of a CoinsKid ribbon 5-day buying signal,” as the pseudonymous expert noted, observing that “the tides have turned” and SAND could rush to $2.55.
Meanwhile, SAND is currently trading at the price of $0.66516, which represents a loss of 8.23% on its daily chart, adding up to the weekly decrease of 4.01% while still recording an increase of 38.27% across the previous 30 days, as the most recent price data demonstrates.
Conclusion
Ultimately, the above crypto assets might represent an ideal opportunity to grow one’s portfolio. However, it is important to remember that the situation in this sector can sometimes change on a whim, so doing one’s own research and weighing the risks is critical before investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.