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This article spotlights leading altcoins below $0.1 worth exploring as the market prepares for a bull run following the latest Bitcoin halving.
The Bitcoin halving has materialized, and the crypto community eagerly awaits the historical bull trend that could follow. Prior to the April 19 halving, the crypto market witnessed a severe price correction that erased substantial gains many altcoins acquired in the earlier phases of the bull market.
While the market gradually recovers, this pre-halving dip has presented a considerable buying opportunity for investors looking to capitalize on the imminent full-scale bull market.
Given this context, The Crypto Basic highlights leading cryptocurrencies below $0.1 that investors may consider in this post-halving phase.
Shiba Inu (SHIB)
This month, the Bitcoin pullback dragged Shiba Inu back to the $0.000018 range from over $0.000045. This trajectory implies that Shiba Inu collapsed by approximately 60% from the yearly peak it attained on March 5.
While the outcome is depressing, it opens a significant buying opportunity as Shiba Inu has proven itself to be a notable performer in a bull market. The Crypto Basic recently uncovered how SHIB established an incredible 884,400% price growth in the 2021 bull run.
Moreover, Shiba Inu is fast regaining lost grounds, rallying by 12.37% in the last 24 hours with its price at $0.0000266.
FLOKI
At press time, FLOKI exchanges hands at $0.0001694, marking a 13.28% gain over the past day.
Last month, FLOKI came very close to reclaiming its 2021 all-time high with a consistent uptrend that picked momentum in late February. In particular, FLOKI traded as low as $0.00003188 on February 21. Precisely ten days later, on March 2, the coin eliminated zero to trade at $0.0001417.
FLOK sustained this uptrend for another 12 days, reaching $0.0003113, representing an 876.47% growth in under 30 days. The asset was only 9.42% shy of its all-time high of $0.0003437.
Meanwhile, the bears took FLOKI back to $0.0001142 this month. While the asset has notably recovered, it still maintains a 25% loss in its 30-day trajectory, presenting an investment opportunity.
VeChain (VET)
VeChain is one of the few assets that stood their ground amid the Bitcoin pullback. Since last month, VET has continued to trade between the $0.035 and $0.04 range. While the market bears forced it to $0.03566 on April 13, it rallied back to $0.043 the next day.
At press time, VET sells for $0.04199, with positive gains across its daily, weekly, monthly, and yearly trajectories.
VeChain has confirmed its capacity to be a notable performer in a bull market by soaring 136.36% from $0.02175 last November to $0.05141 this month. Prominent analysts such as EGRAG have argued that VET could attain a $2.3 price this bull season.
BONK and PEPE
BONK and PEPE trade with double-digit negative values in their one-month performances amid recent market turbulence. However, prior to the dip, these two assets created massive sensations in the crypto community. This is evident in their six-month trajectory, with both assets still boasting remarkable gains of 2649% and 2377%, respectively.
Emphatically, BONK and PEPE are two cryptocurrencies trading for less than a penny and have proven to be worthy investment instruments. At press time, PEPE goes for $0.000005693 while BONK sells for $0.00002038.