Top 5 cryptocurrencies valued below $0.10 that are worth considering investing in in April
Some cryptocurrencies are showing signs of potential and are currently valued relatively low, even though the market is far from reaching the heights of the 2021 bull run. In this manner, the top 5 cryptocurrencies are esteemed underneath $0.10, which merit considering putting resources into in April.
#1: Tron (TRX)
Tron (TRX) has recently achieved significant milestones, surpassing Bitcoin (BTC) and Ethereum (ETH) as the cryptocurrency with the most active addresses. This comes as TRON keeps recording gigantic client premiums in Asia and Africa when the network has been evaluated among the best eco-accommodating crypto stages.
TRX/USD 4-hour chart | Source: TradingView
As the token trades with the general crypto market, the metrics will likely positively impact TRX’s value. TRX was trading at $0.065 at publication, with daily gains of 1.4%.
#2: Dogecoin (DOGE)
The developer community of the meme coin continues to implement new initiatives to increase DOGE’s utility. The most recent change will see Dogecoin go through the “lib-dogecoin 0.1.2” update, which is said to improve the network. Dogecoin’s interoperability and ease of use are the goals of the upgrade. After the developers announced a series of upcoming upgrades, DOGE also has the potential for expansion, including support for QR codes, other languages, message signing, and Windows builds.
Even though the hype surrounding the meme coin has subsided, it continues to be a viable investment opportunity with the potential for the development initiative to yield returns in the future. DOGE is worth $ 0.0748, up more than 5% in the last 24 hours.
DOGE/USD 4-hour chart | Source: TradingView
There has been a recent uptick in development activities and partnerships for the XDC Network (XDC), which combines aspects of both public and private blockchains. This could lead to price increases in the future. The recent network upgrade has made it simple to use smart contracts, opening the door for decentralized applications.
#3: XDC Network
In addition, XDC Network and Fathom have collaborated to provide users with a novel method of earning XDC coins. This is seen as a strategic initiative that provides a seamless and long-term method of earning XDC, bridging the gap between traditional finance and blockchain.
XDC/USD 4-hour chart | Source: TradingView
The current value of XDC is $0.0415, representing a daily increase of approximately 3%.
#4: Shiba Inu (SHIB)
As bears and bulls clash over the asset’s price control, Shiba Inu (SHIB) has mostly failed to sustain a price rally. The token’s value has recently decreased as investors cautiously approached risk assets.
However, the meme coin is not doomed; initiatives aimed at network development, such as the forthcoming Layer 2 scaling solution, are considered bullish price triggers. Core developers have hinted that validators are already showing interest in Shibarium as the community waits for the rollout.
SHIB/USD 4-hour chart | Source: TradingView
Additionally, SHIB is set up for future gains due to the ongoing token burning. SHIB is up almost 5% in the last 24 hours, trading at $0.00001065 at press time.
#5: Cronos (CRO)
Cronos (CRO) has attracted a lot of attention because of its focus on widespread use, robust ecosystem, and user-friendly approach. For most of March, the cryptocurrency’s price has remained steady above the $0.065 support. On-chain data suggests that CRO whales are actively accumulating the token, despite some recent retracements.
CRO/USD 4-hour chart | Source: TradingView
With the token trading at $0.0689, CRO has gained more than 3% in the last 24 hours. Cronos’s architecture, which is compatible with the Ethereum Virtual Machine (EVM), supports the DeFi ecosystem, which is the cause of the potential price increases. DeFi applications can be developed and deployed in a user-friendly environment thanks to this property.
It is essential to remember that the asset’s current value should not be the primary focus when investing in cryptocurrencies. However, those looking to acquire cryptocurrency with a low investment level will find that the aforementioned digital currencies present an appealing opportunity.
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