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As the larger part of the cryptocurrency market records notable gains in the past days and weeks, including Bitcoin (BTC), some of its assets, still trading under $1 per wholecoin, might represent especially lucrative opportunities to invest in for the month of August.
Indeed, Finbold has analyzed the cryptoverse to narrow down three digital assets that fit the bill, at the moment changing hands at a price of less than a dollar apiece and which could be among the soundest purchase choices for any crypto trader and investor in August.
#1 XRP (XRP)
Specifically, the sentiment around XRP (XRP) has been optimistic due to the expectations of a settlement in the legal battlefield between the United States Securities and Exchange Commission (SEC) and blockchain firm Ripple, and crypto expert Dark Defender believes it might surpass the $1 mark soon.
For now, the price of XRP stands at $0.60811, which represents a 4.36% advance in the last 24 hours, adding up to the increase of 13.44% across the previous seven days, and an even more significant gain of 25.34% on its monthly chart, according to the data retrieved on July 22.
#2 Based Brett (BRETT)
Meanwhile, meme coin Based Brett (BRETT) has recently broken through crucial resistance, and crypto analyst Michaël van de Poppe has pointed out that it might hit a new all-time high (ATH) “as long as $0.125 holds” with the higher timeframe support zone between $0.075 and $0.10.
At press time, BRETT was trading at the price of $0.1426, indicating a 0.54% increase on the day, adding up to the more substantial 16.86% advance over the weekly chart and accumulating a gain of 2.43% in terms of its monthly performance, as per the most recent chart information.
#3 OORT (OORT)
Finally, OORT (OORT) might be “a hidden gem with significant upside potential,” according to renowned crypto expert Ali Martinez, who has identified Big Data as a major trend for 2024-2025, and earlier observed that OORT might target $0.20 to $0.27, “with potential for 5-15x growth.”
Conclusion
Ultimately, the above cryptocurrencies have strong foundations to improve their prices in August as long as they retain their positive momentum. However, trends in the crypto industry can change unexpectedly, so doing one’s own research and analyzing the risks is critical when investing.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.