There is no shortage of investment opportunities on the cryptocurrency exchange, even in the face of market declines. Is it worth considering those that are available at a very low price, below $0.10 for the entire coin? Here are three cryptocurrencies that, despite the current market situation, are showing slow but steady growth.
New investment opportunities are constantly emerging on the cryptocurrency exchange. According to Finbold analysts [https://finbold.com/], who meticulously analyze the digital asset market, three cryptocurrencies valued below $0.10 per coin currently present a particularly large growth perspective.
Shiba Inu (SHIB) is a digital asset that has recently gained popularity when Binance [https://www.binance.com/], one of the largest cryptocurrency exchanges in the world, expanded its lending services, using Shiba Inu as collateral. As of August 4th, SHIB is listed at $0.000008599, which represents an increase of 4.47% over the last 24 hours, 9.77% over the past week, and 14.67% on a monthly scale.
Meanwhile, the native cryptocurrency XDC Network (XDC), based on the Singapore-based XinFin network [https://www.xinfin.org/], recently rose over 300% from a monthly low of $0.03 to the highest level since January 2022, $0.08. This was the culmination of a five-day bullish rally. XinFin Network has recently gained significance thanks to high-ranking partnerships, such as with eBay [https://www.ebay.com/] and the R3 Corda alliance, although the reasons for such activity are not entirely clear. XDC is currently listed at $0.08148, which represents an increase of 9.65% on the day, 37.45% on the week, and as much as 153.03% over the past month.
Another cryptocurrency drawing attention is Kaspa (KAS) – a token of the platform based on Directed Acyclic Graph (DAG) and proof-of-work (PoW) technology. It is possible that a significant part of this cryptocurrency’s growth is the result of a successful crowdfunding campaign, which enabled KAS to enter the prestigious Tier-1 exchange. Kaspa shows steady growth in all analyses, and since the beginning of the year (YTD) it has grown by as much as 783.27%. Currently, the price of KAS is $0.04591, which represents an increase of 1.91% over the last 24 hours, 27.36% over the past 7 days, and 100.81% over the past month.
Despite the market stagnation, the above-mentioned cryptocurrencies below $0.10 have proven their potential for development and value growth. However, it is worth remembering that the situation in this industry can change suddenly, so conducting your own research is so important.