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The cryptocurrency market continues to search for opportunities during a period of consolidation after a recent surge in momentum. Particularly, altcoins priced under $1 are on investors’ radar. We have compiled 3 altcoins trading under $1 that could rise in the upcoming weeks.
Dogecoin (DOGE)
At the top of the list is Dogecoin (DOGE), which was recently mentioned by the CEO of the world’s largest electric vehicle manufacturer, Tesla, Elon Musk, as a potential payment method. DOGE is currently trading at $0.1427, down 5.58% in the last 24 hours.
Data shows that the popular memecoin has fallen 22.11% in the last 7 days but has risen 67.65% in the last 30 days.
XRP (XRP)
In second place is Ripple‘s XRP, which is attracting attention with its promising fundamentals while being priced under $1. According to analyses by anonymous cryptocurrency analysts CoinsKid and Dark Defender, XRP could even have the potential to rise towards $27.
As of this writing, XRP has seen a 5.40% decrease in the last 24 hours, trading at $0.6026. The altcoin’s price has dropped 3.35% over the last 7 days but increased by 6.90% in the last 30 days.
The Sandbox (SAND)
In third place is a metaverse altcoin, The Sandbox (SAND), which is highlighted as a high-potential altcoin by experienced cryptocurrency analyst Ali Martinez. Martinez suggests that SAND is on the verge of an important buying signal and could potentially increase its price to $2.55.
At the time of this article’s preparation, SAND is trading at $0.6226, down 7.78% in the last 24 hours. Data indicates that the altcoin has fallen 18.53% in the last 7 days but has risen 27.31% in the last 30 days.
While these three altcoins offer attractive opportunities for investors to grow their portfolios, it is essential for investors to conduct their own research before making investment decisions. It is important to remember that the cryptocurrency market tends to be highly volatile and unpredictable.
