As a new week starts, the prices of various assets in the cryptocurrency field are uncertain about what to do next. Some are making small progress, while others are still falling behind. However, some cryptocurrencies are doing well and are still priced under $1 each.
Keeping this in mind, Ruby Currency has searched through the crypto world to create a list of five cryptocurrencies that cost less than a dollar per unit and could be good options for traders and investors this week.
1 TRON (TRX)
TRON (TRX), the cryptocurrency made by Justin Sun for one of the biggest and most successful blockchains globally, has been doing well on its charts. Lately, it has gone up to its highest levels in 2021. This increase is probably because more people are using the TRON network, and it’s playing a significant part in the stablecoin market.
Right now, TRX is being sold for $0.11899. On the last day, its price went up by 1.48%, in the past week, it increased by 4.63%, and in the last month, it went up by 15.23%, according to the latest charts.
2 Cardano (ADA)
Cardano (ADA) recently had more big transactions by wealthy investors in late January. At the same time, the company invested in the Block Frost API to improve its network. This makes it easier for developers to use Cardano’s blockchain without setting up a local server.
Currently, Cardano is trading at $0.5011. It went down by 0.99% today but up by 2.67% over the week. However, it has decreased by 4.19% over the past month. This information is based on the latest data from February 5th.
3 Flare (FLR)
Flare (FLR) is a popular type of cryptocurrency. It’s like Ethereum but aims to connect with other cryptocurrencies too. Recently, Flare announced a big partnership with Google Cloud, and because of that, the price of its own token went up.
Right now, the price of Flare is $0.031, and it has increased by 5.63% in the last day, 42.83% in the last week, and a huge 72.7% in the last 30 days, according to Coin Market Cap.
4 Celo (CELO)
The Ce Lo (CELO) protocol is in the news because Circle, a stablecoin issuer, announced that it will bring USD Coin (USDC) to Ce Lo’s blockchain. This means the second-largest US dollar-pegged stable coin will be available on Ce Lo.
Currently, the price of Ce Lo is $0.674, showing a 1.42% increase in the last 24 hours, a 2.52% increase in the past seven days, and an overall gain of 0.79% in the previous month, according to the latest information.
5 Chromia (CHR)
Chromia (CHR), the token for a new kind of blockchain and database, is getting ready to launch its main network in 2024. This was announced in December during the ongoing CHR giveaway. Because more people are interested in it, the price of CHR has gone up. Right now, it’s $0.266, showing a 1.68% increase today, a 2.61% increase this week, and a bigger jump of 12.47% for the month.
Conclusion
In short, digital assets priced below $1 per coin could be a good buy this week. But remember that things can change quickly in this area, so it’s essential to do your research and analyze the risks before investing.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.
