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- 1 The cryptocurrency market has a lot of room to grow in the upcoming years, making crypto an attractive option for investors.
- 2 Not only the major players like Bitcoin, Solana, and Ether are doing well but coins under $1 have more room to run in the trading marketplace.
Identification and investment in high-growth potential coins is a game changer for investors, mainly seeking heavy returns. Affordable crypto coins are quite appealing to investors as they help in controlling the risk along with managing heavy returns in the near future.
Here are 5 crypto coins under $1 expected to break records in 2024.
Tron (TRX)
Tron, a cryptocurrency launched by Justin Sun in 2017 created a strong position in the crypto world in years and is expected to hit new heights soon. With a market cap of $7.641 Billion, TRX currently stands at $0.08587654, a decline of 0.49% in the past 24 hours. The coin has a time-high price of $0.3505 and a total volume of $140.146 Million in the past 1 day. As per technical indicators, the coin is a good asset for now.
Cardano (ADA)
Another strong name in the list of emerging coins is Cardano, introduced by the co-founder of Ethereum, Charles Hoskinson in 2017. The coin is expected to give tough competition to Bitcoin in the near future based on its current performance and potential. ADA’s current price as per the trading view report is $0.246734, a decline of 0.95% with a market cap of $8.674 Billion. The trading volume of ADA in the past 24 hours is around $116.896 Million with an all-time high price of $3.097780.
Polygon (MATIC)
With a current price of $0.51531 and a market cap of $4.792 Billion, MATIC is all set to catch new records in the future. Polygon was launched in 2017 by a team of experienced blockchain developers and business consultants. MATIC’s total trading volume in the past 24 hours is around $254.316 Million with an all-time high value of $2.98000.
Dogecoin (DOGE)
Another name to consider in the list of coins under $1 is Dogecoin, introduced in 2013 and secured an unbeatable position in the crypto universe. With the current price of $0.0588 and a market cap of $8.312 Billion, DOGE is all about to boom the crypto land in 2024. The all-time high price of DOGE is $0.7605 with a 24-hour trading volume of $135.079 Million.
Ripple (XRP)
Another crypto coin to consider in the list of Ripple (XRP), introduced in 2012 as a digital payment network for institutions and businesses. XRP’s current price as per the trading view report is $0.48467, a decline of 2.41% in the past 24 hours with a market cap of 25.865 Billion. The coin’s trading volume in the past 24 hours is around $715.27 Million with an all-time high price of $3.34989. Based on the indicators, the coin is a strong sell at present.
Conclusion
Crypto coins under $1 are predicted to offer tough competition to the giants of the crypto world soon. Ripple, Dogecoin, Cardano, Tron, and Polygon are some key players in the list that are expected to offer heavy profits in 2024.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
