Bitcoin‘s fall below the $39,000 threshold, indicating increased selling pressure and a loss of over 20% in value, is leading to a tumultuous week with heavy losses for altcoins. This situation is being spun as a potential opportunity for investors to ‘buy the dip’. We have compiled three altcoins for you that stand out, trading below $0.10, with increasing investor interest and significant development activity, according to the latest market analyses. These altcoins, in particular, could make significant moves in the coming week.
VeChain (VET)
VeChain (VET) is a digital asset based on a platform that aims for continuous innovation and development in the application sector. Creating a sustainable foundation for eco-friendly decentralized applications (dApps) has become a necessity for contemporary businesses trying to digitally transform in the 21st century. VeChain stands out with the intention of providing effective solutions in this regard. Accordingly, VeChain announced the start of the X-2-Earn applications era on January 25, driven by Web3 technology, a fundamental element in new-generation business ecosystems.
VET is trading at $0.02711, up 1.12% in the last 24 hours at the time this article was prepared. Data shows that the altcoin has dropped 5.21% in the last 7 days and 27.96% in the last 30 days.
Kaspa (KAS)
Kaspa (KAS), which shares some similarities with Bitcoin, is among the rising altcoins and may be ready for a notable price movement. Crypto analyst Simo Gattok highlighted the KAS/BTC trading pair in a 2-day timeframe in his KAS analysis shared from his personal account on January 24. The analyst noted that a downtrend in the trading pair (20-day moving average crossing below the 50-day moving average) is a significant trigger for dynamic market movement and a similar trigger could occur again.
KAS is trading at $0.1007, up 2.90% in the last 24 hours at the time this article was prepared. Data shows that the altcoin has dropped 1.01% in the last 7 days and 4.77% in the last 30 days.
Oasis Network (ROSE)
Oasis Network (ROSE) stood out for a brief period after surpassing the $0.15 threshold, but has since been on a downward trend. This trend offers investors the opportunity to ‘buy the dip’ while also revealing significant upward potential.
Crypto analyst Crypto Tony shared on January 26 that investors heavily bought the altcoin in the support region at $0.086. This buying pressure caused ROSE’s price to jump upwards.
ROSE is trading at $0.1003, up 0.95% in the last 24 hours at the time this article was prepared. Data shows that the altcoin has dropped 5.36% in the last 7 days and 24.95% in the last 30 days.
