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Finbold

02/29/2024

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4 cryptocurrencies to turn $10 into $100 next week

With the current week at its end, it has demonstrated exciting moves in the cryptocurrency sphere, which have seen Bitcoin (BTC) get closer to its all-time high (ATH) from November 2021, and investors are...

4 cryptocurrencies to turn $10 into $100 next week

With the current week at its end, it has demonstrated exciting moves in the cryptocurrency sphere, which have seen Bitcoin (BTC) get closer to its all-time high (ATH) from November 2021, and investors are wondering which assets could help them turn a profit in the next week.

In this context, Finbold has identified several such lucrative crypto opportunities that could increase their price by 900% next week and enable their holders to make an investment of as little as $10 that could easily turn into $100 in the week starting on March 4.

#1 Cardano (ADA)

One of the obvious choices is Cardano (ADA), which may not be moving as fast as the others but is getting closer to an important price at $0.70 that could act as a trigger for its explosive move upward, in combination with a bullish flag pattern on its weekly chart and a surge in its crypto wallet creation.

Picks for you

New ADA wallets per day. Source: Cardano Blockchain Insights

For now, Cardano is trading at the price of $0.6969, recording an increase of 8.42% in the last 24 hours, gaining 18.44% across the previous seven days, and adding up to the monthly advance of 34.38%, as per the most recent data for the native token of the popular blockchain and crypto project.

Cardano 7-day price chart. Source: Finbold

#2 Litecoin (LTC)

Meanwhile, Litecoin (LTC), a Scrypt Proof-of-Work (PoW) P2P protocol based on Bitcoin, has previously demonstrated the capacity to follow the flagship decentralized finance (DeFi) asset’s lead when it comes to price, which, in addition to chart patterns hinting at a bull rally, means that more advances could be in store following the successful week.

Litecoin price action analysis. Source: TradingView

At press time, Litecoin was changing hands at $83.13, which suggests an increase of 10.48% on the day, in addition to racing 19.32% over the past week and accumulating a gain of 22.17% on its monthly chart, according to the recent information on February 29.

Litecoin 7-day price chart. Source: Finbold

#3 Shiba Inu (SHIB)

In the meantime, a massive surge for the meme coin Shiba Inu (SHIB) looks inevitable as its blockchain Shibarium recently surpassed the 3.4 million total blocks, currently counting over 1.3 million wallet addresses and nearing the transaction count of 400 million, alongside innovations in its ecosystem.

Shibarium statistics. Source: Shibariumscan

Presently, Shiba Inu is trading at the price of $0.0000142987, which represents a 28.48% gain in the last 24 hours alone, while making a positive movement of 48.67% in the last seven days, adding up to the 55.17% advance accumulated in the past month.

Shiba Inu 7-day price chart. Source: Finbold

#4 Verasity (VRA)

Finally, the native token of the decentralized video content platform for publishers and advertisers, Verasity (VRA), has recently closed above the trendline at $0.009, which has initiated a rally that could easily surpass the next obstacle at $0.022 and continue further up.

At the moment, the price of Verasity’s native token stands at $0.0102, indicating an increase of an impressive 23.69% on the day, adding up to the even more significant advance of 49.55% on its weekly chart and gaining a staggering 92.83% over the past month.

Verasity 7-day price chart. Source: Finbold

Conclusion

All things considered, the above crypto assets might present an ideal opportunity to turn $10 into $100 next week. However, precisely predicting the future movements of any asset is difficult, which is why it is important to carry out one’s own research and weigh the risks before investing.

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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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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