Top 5 cryptocurrencies priced below $0.10 worth investing in for April 2023
March has seen the crypto market attempt to exit from the bear market of 2022, with most assets turning green thanks to the possible stalling of inflation and chaos in the banking sector. While the market is not yet at the heights of 2021’s bull run, some cryptocurrencies are showing potential and are undervalued. This article from Finbold outlines five cryptocurrencies that are all valued below $0.10, namely Tron (TRX), Dogecoin (DOGE), XDC Network (XDC), Shiba Inu (SHIB), and Cronos (CRO).
TRON (TRX) has recently overtaken Bitcoin (BTC) and Ethereum (ETH) by becoming the cryptocurrency with the highest number of active addresses; the network is being hailed as one of the best eco-friendly crypto platforms. DOGE’s developer community is also forging ahead with new initiatives to improve the network, such as introducing support for QR codes and other languages. The XDC Network (XDC) has experienced a surge in development and new partnerships, making it easier to deploy smart contracts. As for Shiba Inu (SHIB), its price has been fluctuating as risk assets are approached with caution, but network improvements such as the upcoming Layer 2 scaling solution are viewed as a bullish price trigger. Lastly, Cronos (CRO) has become popular with investors, likely due to its emphasis on mainstream adoption, ecosystem, and user-friendliness, with on-chain data indicating that CRO whales are actively accumulating the token. Investing in these cryptocurrencies at their current values is advisable for those looking for an attractive opportunity to acquire cryptocurrency at a low investment level. However, as with all crypto investments, it’s important to note that investing is speculative, and your capital is at risk.
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