Several cryptocurrencies are showing signs of potential and are currently relatively undervalued, while the market is far from the peak of the 2021 bull run. Hence, 5 cryptocurrencies worth considering. Top cryptocurrencies with valuations below $0.10 in April this year.
#first. TRON (TRX)
Tron (TRX) recently reached an important milestone, surpassing Bitcoin and ETH to become the coin with the most active addresses. This is because TRON continues to record huge spreads from clients in Asia and Africa, as the network is rated as one of the best eco-friendly crypto platforms.
TRX 4-hour chart | Source: TradingView
Since this token is traded against the entire crypto market, these indicators may have a positive impact on the value of TRX. At press time, TRX was trading at $0.065, up 1.55% on a daily basis.
#2. Dogecoin (DOGE)
The developer community of leading meme tokens continues to roll out new initiatives to increase the utility of DOGE. Regarding recent changes, Dogecoin will implement a “lib-dogecoin 0.1.2” update to improve the network. Dogecoin interoperability and ease of use are the goals of the upgrade. DOGE also has the potential to expand after the developer announced a series of upcoming upgrades, including support for QR codes, other languages, message signing and Windows builds.
Even though the hype surrounding this coin meme has died down, it remains a viable investment opportunity with the potential to generate future returns with growth plans. DOGE is worth $0.0748, down 0.95% in the past 24 hours.
DOGE 4-hour chart | Source: TradingView
Recently, there has been a significant increase in partnerships and development activity for the XDC Network (XDC), combining aspects of public and private blockchains. This could lead to future price increases. Recent network upgrades have made the use of smart contracts simple, opening the door to decentralized applications.
#3. XDC Network
Additionally, XDC Network and Fathom have partnered to provide users with a new way to earn XDC coins. This is considered a strategic move to provide a seamless and durable way to earn XDC, bridging the gap between traditional finance and the blockchain.
XDC 4-hour chart | Source: TradingView
XDC is currently worth $0.0408, with a daily loss of around 3.66%.
#4. Shiba Inu (SHIB)
Shiba Inu (SHIB) is barely able to sustain its upward momentum as bears and bulls clash over control of the asset’s price. The token’s value has declined recently as investors are wary of risky assets.
However, this token meme did not succumb to difficult circumstances. Initiatives aimed at growing the network, such as the upcoming layer 2 scaling solution, are seen as bullish price triggers. Core developers advise validators to show interest in Shibarium while the community awaits its implementation.
SHIB 4-hour chart | Source: TradingView
Additionally, SHIB will receive future profits due to the ongoing token burn. SHIB is down 0.14% over the past 24 hours and is trading at $0.00001060 at press time.
#5. Cronos (CRO)
Cronos (CRO) has gained attention due to its widespread use, robust ecosystem, and user-friendly approach. The cryptocurrency’s price has held steady above the $0.065 support level for most of March. On-chain data shows that despite some recent pullbacks, CRO whales are still actively accumulating tokens.
4-Hour CRO Chart | Source: TradingView
Trading at $0.0681, CRO is down 1.45% over the past 24 hours. The Cronos architecture, which is compatible with the Ethereum Virtual Machine (EVM) supporting the DeFi ecosystem, is the reason for the potential price increase. Thanks to this property, DeFi applications can be developed and deployed in a user-friendly environment.
It is important to remember that the current value of an asset should not be the main concern when investing in cryptocurrencies. However, those looking to buy coins with a low investment will find the aforementioned digital currencies offer attractive opportunities.
You can see the token price here.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should do their research carefully before making a decision. We are not responsible for your investment decisions.
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