Here are the top 5 digital currencies that traders are keeping an eye on, all priced below $0.10. While Bitcoin and Ethereum dominate the market with their high values, other altcoins like Cardano, XRP, Binance Coin, and Solana are also making their mark.
But there are some hidden gems among the mid and low-cap altcoins that have the potential to break out of their price range. These include Hedera, VeChain, Oasys, Casper, and Chiliz.
Let’s take a closer look at these altcoins and why they are worth watching:
1. Hedera (HBAR)
Hedera is a popular enterprise blockchain infrastructure provider that allows individuals and businesses to create functional decentralized applications (DApps). Despite being backed by major tech companies, its native token HBAR is currently priced at $0.09786 with a market capitalization of $3,279,972,898.
Although HBAR has only reached an all-time high of $0.5701, it has the potential to surpass this level in the long term with its increasing adoption and crucial ecosystem upgrades.
2. Oasys (OAS)
Oasys is a blockchain platform designed specifically for gamers. With the potential for large transactions in the gaming industry, Oasys aims to facilitate these transactions efficiently and affordably. Its current price is $0.0995 with a market capitalization of $184,643,793, making it an undervalued asset.
With a fast-growing ecosystem and strategic partnerships, Oasys has a promising future ahead.
3. VeChain (VET)
VeChain is a multi-purpose blockchain platform used for supply chain management, smart contracts, Internet of Things (IoT), and payments. It has been featured in research papers and holds major patents, yet its price is only $0.03671 with a market capitalization of $2,669,481,151.
Experts predict a potential increase of over 5,000% for VeChain, with a target price of $2 in the long term.
4. Chiliz (CHZ)
Chiliz is a cryptocurrency that powers the sports and entertainment industry through its association with Socios.com. It was launched in 2017 and has already built a substantial ecosystem. Its current price is $0.09111 with a market capitalization of $706,020,413, but its previous all-time high was $0.8915, indicating that it is undervalued.
5. Casper (CSPR)
Casper is a Proof-of-Stake (PoS) network that claims to be 136,000% more energy-efficient than Bitcoin. It focuses on scalability and enabling DApp growth, making it a promising platform for developers. Its current price is $0.05238 with a market capitalization of $611,548,894, but its all-time high was $1.36, suggesting potential for growth.
In conclusion, these 5 altcoins have unique value propositions and show potential for growth in the long term. However, it is important to do thorough research before making any investment decisions. The Crypto Basic does not provide financial advice and is not responsible for any financial losses. Follow us on Twitter and Facebook for more updates.
