Amidst the ongoing volatility of the cryptocurrency market, there is a unique opportunity for investors to consider looking into promising entry points. Finbold has identified three digital assets, trading below $0.10, that may hold significant appeal for investors due to their strong fundamentals and active and supportive communities.
The first cryptocurrency is Kaspa (KAS), a blockchain that acts as a decentralized and highly scalable protocol. On September 28, crypto expert Michaël van de Poppe analyzed Kaspa’s chart, saying that the altcoin “looks ready for a new leg up”. He added that if the markets are showing weakness, the area between $0.036-0.04 could be interesting. KAS’s price has soared by a whopping 1.256% in the last year, and it is currently trading above the 200-day simple moving average (MA), with 16% green days in the last 30. At the time of publication, KAS was trading at $0.05, up 1.5% on the day, 5.2% over the past week, and more than 33% on the monthly chart.
The second cryptocurrency is Verasity (VRA), powered by AI, ML, and blockchain technologies. VRA has high liquidity based on its current market cap of $44 million, and it has outperformed 77% of the top 100 cryptocurrencies during the past year. Crypto expert Poppe expects VRA to see an eventual retracement to the zone around $0.003, but if the token holds its ground in this area, he will be expecting a renewed rally towards $0.01. VRA was sitting at $0.004 at the time of writing, up 11.3% in the past 24 hours, 9.4% on the week, and 2.7% across the month.
Last but not least, Dogecoin (DOGE) is amongst the top assets trading under $0.1 that investors should not look past. Earlier this year, rumors emerged that DOGE may become a payment processor for X.com, given Elon Musk’s love for the coin. From the price performance perspective, DOGE has remained in a relatively narrow trading range over the past few weeks, and its 30-day realized volatility has fallen to 30%, even lower than Bitcoin’s 35%. The meme-inspired asset has high liquidity based on its market cap, and it is still outperforming 74% of the top 100 cryptocurrencies in 1 year. At the time of writing, DOGE was trading at $0.06, up 1.48% in the past 24 hours, while losing around 1.8% on the monthly chart.
These highlighted cryptocurrencies remain attractively priced compared to their previous highs, and their robust fundamentals could potentially drive significant price appreciation.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.