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Finbold

12/14/2023

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3 cryptocurrencies to buy next week under $1

As the current week is already close to its end and the next week is drawing near, many assets in the cryptocurrency sector have somewhat slowed down their previous gains, but others are still going strong,...

3 cryptocurrencies to buy next week under $1

As the current week is already close to its end and the next week is drawing near, many assets in the cryptocurrency sector have somewhat slowed down their previous gains, but others are still going strong, with some still available at the low entry price of under $1 per wholecoin.

With this in mind, Finbold has analyzed the crypto sphere to produce a list of three cryptocurrencies that currently cost less than a dollar apiece but might be among the best purchase choices for crypto traders and investors in the week to come.

#1 Fetch.ai (FET)

After briefly hitting its new yearly high, Fetch.ai (FET), which was the culmination of its remarkable growth over 2023, has sparked excitement among traders, who believe that the recent uptrend is just the beginning, including the cryptocurrency expert Crypto Tony, who shared his expectations in an X post on December 13.

Fetch.ai price action analysis. Source: Crypto Tony

Presently, Fetch.ai is changing hands at the price of $0.63, demonstrating an increase of 14% on the day, adding up to the 19.93% gain across the previous week and a 54.9% advance accumulated over the past month, as per the data retrieved on December 14.

Fetch.ai 7-day price chart. Source: Finbold

#2 Cardano (ADA)

Meanwhile, one of the digital assets that have registered the highest gains in recent days is Cardano (ADA), which skyrocketed over 65% since the sudden dropoff in small wallets four weeks ago and recorded a 1.5 high, along with its volume, sentiment, and discussion rates reaching their highest levels in 2023.

Cardano volume, sentiment, and social dominance. Source: Santiment

As it happens, the price of Cardano at press time stood at $0.61, recording a daily advance of 6.48%, in addition to rallying 37.38% on the weekly chart and accumulating a gain of 65.34% across the past month, as per the latest data retrieved on December 14.

Cardano 7-day price chart. Source: Finbold

#3 Algorand (ALGO)

Last but not least, Algorand (ALGO) is showing promise as well, particularly after partnering with the United Nations Development Program (UNDP) to establish a UN Blockchain Academy. Moreover, it demonstrated heightened social dominance in 2023, together with Cardano and Solana (SOL), as Santiment noted.

Algorand social dominance. Source: Santiment

As things stand, Algorand is currently trading at the price of $0.19, which suggests a decrease of 2.91% in the last 24 hours but nonetheless a 24.04% growth over the previous seven days, in addition to racing 37.69% on its monthly chart, according to the recent information.

Algorand 7-day price chart. Source: Finbold

Conclusion

Overall, the above cryptocurrencies to buy next week under $1 do, indeed, demonstrate massive potential for further gains, which is why purchasing them sooner rather than later might be lucrative. However, things in this sector could change on a whim, so doing one’s own research and risk analysis is essential.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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