As the week is approaching its end, some cryptocurrencies are transitioning into a consolidation phase while others present attractive investment opportunities.
Finbold has analyzed the crypto market to arrive at the list of three digital assets that have recently stood out with their price movements, heightened investor attention, or noteworthy development efforts. Hence, representing attractive investment opportunities for the next week.
Here are three options for investors interested in crypto at an affordable entry point of under $0.10 per unit
Shiba Inu (SHIB)
The world-famous dog meme cryptocurrency Shiba Inu (SHIB) has re-captured investor attention after its layer 2 solution, Shibarium, saw an explosion of over 4.400% transactions in the last 24 hours.
Transactions reached 5.1 million, the highest ever recorded since its launch, according to data from Shibariumscam.
Subsequently, the announcement SHIB increased in value to $0.00000839, marking a 1.3% increase. Shiba Inu’s market cap is $4.9 billion, making it the 18th largest crypto.
Over the last 24 hours, the trading volume of Shiba Inu has been $130.5 million, with a circulating supply of 589.3 trillion tokens.
The token is down by almost 90% from its all-time high (ATH) in 2021, but investors are hopeful that it will regain its value in the potential bull market.
VeChain (VET)
VeChain (VET) is another popular crypto asset available under $0.10. It’s a supply-chain-based project involved in environmental and climate change initiatives, and the native token is used to settle smart contracts across the VeChain network by acting as currency.
VeChain (VET) is priced at $0.0193 as of the time of writing. The token holds a market capitalization of $1.65 billion, with a 24-hour trading volume reaching $36.8 million.
VET one-day price performance. Source: CoinMarketCap
The circulating supply of VeChain stands at $72.7 billion tokens, while the total supply amounts to $85.9 billion.
The project has collaborated with several big global companies, such as Kuehne & Nagel (VTX: KNIN), with $31.02 billion in revenue, and PriceWaterhouseCoopers (PwC), with a revenue of $50.3 billion.
Cronos (CRO)
Cronos (CRO) is another option for those seeking the best affordable cryptocurrencies to invest in. It’s the native cryptocurrency on the decentralized Cronos blockchain, developed by the financial services company Crypto.com.
The token plays a pivotal role in the Cronos ecosystem, encompassing payment of transaction fees, participation in staking for rewards, and engagement in decentralized finance (DeFi) applications.
The current price of CRO is $0.091401, experiencing around 47.38% price increase in the last month. It has a market capitalization of $2.2 billion and a 24-hour trading volume of $12.1 million.
The circulating supply stands at 25.2 billion tokens, while the total supply is 30.2 billion.
CRO one-month price performance. Source: Finbold
CRO reached its all-time high of $0.9689 on November 8, 2021, yet it has experienced a substantial decline of over 90% since then.
Conclusion
All things considered, the above assets have shown strength and positive developments recently and indicate that further increases could be in store for them in the week starting December 3. However, things in this industry can sometimes change on a whim, so doing one’s own due diligence is vital.
