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This article explores five low-priced tokens with the potential for notable gains when the bull market momentum rekindles.
The crypto market’s bullish frenzy has momentarily encountered a setback as Bitcoin undergoes expected price corrections. Nonetheless, the bearish trend has ushered in another opportunity for the investing community to bag various token projects at discount prices.
Meanwhile, some investors wary of high-priced coins may be uncertain about which lower-priced options to explore. In light of this, The Crypto Basic delves into five affordable assets worth considering during this bullish season.
VeChain (VET)
Topping this list is VeChain (VET), a crypto project that delivers solutions to the trillion-dollar supply chain market. At press time, VET trades at $0.04047, dropping 2% in the last 24 hours.
VET recently proved its ability to deliver notable gains in a bull market by rallying 94% in three weeks. This bullish rally occurred between January 24, when VET traded at a low of $0.0265, and February 16, when it soared to $0.051.
Moreover, prominent analysts in the crypto community, such as Ali Martinez, believe VeChain is on a path to $0.7 this season. While this figure represents a potential 1,629% gain, analysts like EGRAG believe VET’s destination could be a more ambitious 14,600% rally to $2.5.
Gala (GALA)
Gala (GALA) is one of the leading crypto projects in the gaming sector. It emerged from a collaboration of top-tier game developers committed to restoring value to players through blockchain and Web3 technology.
Given its prominence in the sectors, the token has been a standout performer in the last 30 days. In particular, GALA has soared from $0.02639 to a new yearly high of $0.08199. This translates to a staggering 210% gain in under four weeks.
At press time, GALA trades at $0.05465 amid a 13.3% drop in the last seven days.
Celer Network (CELR)
Celer Network (CELR) is a crypto project facilitating seamless access to DeFi, NFTs, GameFi, and governance across various chains with just one click.
Through the Celer Inter-chain Messaging Framework, developers can construct inter-chain-native decentralized applications, granting them access to efficient liquidity usage, consistent application logic, and shared states.
At the time of this report, CELR exchanges hands at $0.0295, having declined by over 3.34% over the past day. Despite the recent market downturn, CELR maintains a 23% gain from its 30-day bullish trajectory.
Helium Mobile (MOBILE)
The Helium Network stands as a decentralized wireless infrastructure initiative built on blockchain technology. It enables both various entities to establish and manage wireless networks via token incentives.
Moreover, it relies on the Solana Blockchain as its underlying framework. Its affiliation with Solana has likely bolstered the performance of its native token, MOBILE.
In particular, MOBILE canceled a leading zero in under two weeks in December 2023. It soared aggressively by 2,730% from $0.0002412 on December 5 to $0.006828 by December 19.
The IQ Token
Meanwhile, the IQ Token is another fast-growing project that has already attracted the attention of crypto market participants in this bull run. Amid the recent dip, IQ maintains a 97% gain in its 30-day trajectory.
Like MOBILE, IQ canceled a leading zero within 30 days by exploding by over 200% between late February and early March. At press time, it trades at $0.01454.