Last week, after reaching a new all-time high level of $73,737 for Bitcoin, the cryptocurrency market has continued to surge this week as well. Due to the increase in prices, major altcoins have reached new all-time highs, resulting in good profits for investors. However, the meme coin segment has provided the highest returns, with Shiba Inu seeing a 183% increase, and Pepe Coin and Floki seeing a 450% increase. There are also many coins in the market whose price is less than $1 but are performing well and have the potential to provide good returns in the future. In this article, we have brought the top 3 coins whose price is less than $1 but can provide good returns.
Ripple's native cryptocurrency XRP is currently around $0.62. Bulls and whales are now heavily investing in XRP, with its 24-hour trading volume surpassing $1.7 billion. Development indicates that bulls are taking entry positions in XRP and are trying to increase its price to $1. If Bitcoin goes above $70,000 again, there is a higher likelihood of breaking the $1 level for XRP due to positive sentiments.
SpaceX founder Elon Musk announced last week that Dogecoin could soon be used as a payment method to purchase Tesla cars. If this news is officially announced, it could cause a surge in Dogecoin's price. Musk has also referred to Dogecoin as the "people's cryptocurrency," indicating his long-term belief in DOGE.
Shiba Inu is one of the top-performing cryptocurrencies this month, with an increase of approximately 183% in the last 30 days. It is estimated that before Bitcoin halving, its price will surpass the $0.00005 level, potentially providing investors with significant profits. Therefore, Shiba Inu (SHIB) should be on your watchlist as it can provide good returns.
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