Investors are constantly searching for the next major opportunity in the constantly growing cryptocurrency market. Bitcoin is attempting to bounce back following a drop to $61,000, which is significantly lower than its peak of $73,750.07. Despite previously setting a price target for Bitcoin at $90,000 in 2024, Bernstein has given the market hope. Ethereum price is experiencing a slow recovery and encountering obstacles at $3,550. With Bitcoin’s prevalence in the news, numerous smart investors are now focusing on altcoins to ride the wave of the next successful asset. This article will examine a selection of altcoins to buy under $1 that have demonstrated positive growth potential, specifically highlighting Book of MEME, ONDO, PEPE, FLOKI, Reserve Rights, 0x Protocol, Polymesh, and Shiba Inu.

Book of MEME (BOME)

Market Cap: $846.8 million

The new meme coin, Book of MEME  is now priced at $0.01582, showing an impressive increase of 1583.97% in the last month. This increase led to a substantial increase in its market worth, which is presently valued at $846.8 million. Considerable investor interest has been drawn to the altcoin, as its impressive 24-hour trading volume reached $1.7 billion. The token is ranked 107th and has a circulating supply of $55.2 billion BOME.

Ondo (ONDO)

Market Cap: $1 billion

Ondo has seen a significant surge of 117.22% in the last month, reaching a price of $0.723. The increase in worth has boosted its total market cap to $1 billion positioning it as 100th. It has a circulating supply of $1.39 billion ONDO, along with a trading volume of $333.2 million in the last 24 hours. ONDO is becoming more appealing to investors because of its affordable token price and its promising growth prospects.

Pepe Coin (PEPE)

Market Cap: $3.4 billion

In a month Pepe Coin price skyrocketed by 599.24% now standing at $0.000008131. This surge pushed its market capitalization to $3.42 billion with a trading volume of $966.1 billion in the past day. The sudden growth has made PEPE a favored option, for traders looking for opportunities despite the risks involved. It reports a circulating supply of 420.69 trillion PEPE and is ranked 41. 

FLOKI (FLOKI)

Market Cap:  $2.26 billion

In the past month, FLOKI has achieved a remarkable increase of 605.32% while being valued at $0.0002364. This increase in worth has boosted its market value to $2.26 billion, positioning it as 56th in the market. It has a circulating supply of 9.56T FLOKI, along with a trading volume of $855.36 million in the past 24 hours. Investors are becoming more interested in FLOKI because of its affordable price and the possibility of high profits.

Reserve Rights (RSR)

Market Cap: $430.27 million

Reserve Rights, which is currently trading at $0.008352, has shown an increase of 207.65% in the past month. This increase in worth has resulted in a total market cap of $430,274,274, along with a trading volume of $288.8 million in the past 24 hours. It holds the 184th position in the market and has a circulating supply of 100 billion RSR. The token’s remarkable expansion has established it as a lucrative investment choice in the cryptocurrency market.

0x Protocol (ZRX)

Market Cap: $785.4 million

0x Protocol’s price has increased by 160.06% in the last month and is currently at $0.9268. As a result of this growth spurt, 0x Protocol now boasts a market cap of $785.4 million, with $579,200,041 in trading volume over just 24 hours. Ranking 116, the token has a circulating supply of 1 billion ZRX. What makes 0x Protocol particularly enticing for investors keen on decentralized finance (DeFi) is its strong emphasis on decentralized exchange infrastructure.

Polymesh (POLYX)

Market Cap: $349.760 million

Polymesh, which is currently valued at $0.3933, has experienced a notable increase of 126.83% in the past month. This increase resulted in a market capitalization of $349.760 million, accompanied by a 24-hour trading volume of $1 billion. The token has a circulating supply of 1 billion POLYX, holding the 231st position according to CoinMarketCap. Polymesh, a blockchain platform tailored for regulated assets, provides investors with the opportunity to shake up traditional financial markets.

Shiba Inu (SHIB)

Market Cap: $16.58 billion

The current price of Shiba Inu is $0.00002813, reflecting a remarkable increase of 192.55% during the last month. The increase has led to a market cap of $16.58 billion, paired with a trading volume of $1.34 billion in 24 hours. Holding the 11th position, the token has a circulating supply of 589.29 trillion SHIB. Due to its affordable token price and increasing market cap, SHIB offers an attractive chance for investors looking for sizable profits in the cryptocurrency industry. 

Conclusion

In the vast landscape of cryptocurrency, there are plenty of opportunities for investors who put in the time to research and are open to taking calculated risks. Although these cryptocurrencies under $1 show exciting growth potential, it is necessary to conduct in-depth research and carefully consider any investment risks associated with them.

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Filed under: News - @ January 1, 1970 12:00 am