Top 3 Crypto Under $1 To Buy As Bitcoin Hits $95k

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As a seasoned crypto investor with a knack for spotting undervalued gems, I find myself intrigued by the current market dip. The sea of red might be daunting to some, but it presents an opportunity for savvy investors like us. In my humble opinion, Stellar Lumens (XLM), DexBoss (DEBO), and Hedera Hashgraph (HBAR) are three under-$1 altcoins that warrant our attention.

The price of Bitcoin has dropped significantly to around $95,000 following a sharp decline after reaching an all-time high. This drop occurred shortly after the Federal Reserve announced a more aggressive monetary policy. However, analysts are hopeful that this downturn is temporary and investors will take advantage of the lower prices by buying these coins at a discount. Here’s a list of some promising cryptocurrencies currently priced under $1.

The Best Crypto Under $1 To Buy

Enthusiasts of cryptocurrency trading often seek out affordable coins with the expectation that they could potentially surpass established giants such as Bitcoin, Ethereum, and BNB. Noteworthy under-$1 altcoins to consider include Stellar Lumens (XLM), Hedera Hashgraph (HBAR), and DexBoss (DEBO).

It’s quite possible that these tokens will regain their value once the price of Bitcoin recovers, as there are predictions suggesting a rapid increase in Bitcoin’s value up to $500,000 in the near future, as we’ve mentioned earlier.

Stellar Lumens (XLM)

One of the leading cryptocurrencies priced below $1 worth considering for investment is Stellar Lumens, due to its robust underlying strengths. Originally conceived by Jed McCaleb, a co-founder of Ripple, Stellar was developed with the aim of streamlining international money transfers.

Currently, Stellar is predominantly recognized for its association with USD Coin, the world’s second-largest stablecoin. Additionally, it has established a collaboration with Moneygram, enabling users to transmit and receive USDC stablecoins at their worldwide branches.

As a seasoned cryptocurrency investor with several years of experience under my belt, I have witnessed countless market fluctuations and learned to read between the lines when it comes to price movements. This week, Stellar (XLM) has experienced a significant downturn, dipping to $0.3351 – a level not seen since December 9. This drop has pushed XLM below its key support at $0.3540 and also moved it slightly below the 50-day moving average and the 50% Fibonacci Retracement level. These technical indicators are often reliable predictors of market behavior, so this reversal in Stellar’s price could signal a potential bearish trend ahead. However, it is essential to remember that the cryptocurrency market can be highly volatile and unpredictable, so I would advise caution when making investment decisions based solely on technical analysis. It may be wise to consider other factors such as fundamental analysis and overall market conditions before committing funds to any particular asset.

In simpler terms, we’re quite optimistic about Stellar’s future prospects. We predicted that the price of XLM could significantly increase towards the dollar mark soon. This potential surge suggests a potential gain of approximately 196%, if you consider it from its current value.

DexBoss (DEBO)

“DexBoss stands out as another promising altcoin to consider under the $1 price range, given the current unrest in the cryptocurrency market. Notably, it is currently being offered during a presale that has already garnered over $160,000 from investors. Should things proceed smoothly, many of these backers are likely to realize a profit.

Due to the current trade price of a single DEBO coin being only $0.01, significantly below its intended listing price of $0.050, those investors who opt to sell right away following the listing stand to gain an impressive 405% return.

In simpler terms, DexBoss is an exchange platform where you can trade multiple digital currencies at low costs and reduced price discrepancies. If you’re interested, you can purchase DEBO tokens right now.

Hedera Hashgraph (HBAR)

“Hedera Hashgraph, priced under a dollar, is another notable cryptocurrency worth considering for purchase. The graph below indicates that the HBAR price has significantly decreased over the past few days and currently hovers slightly above the 50% mark of its recent downward trend.

The current HBAR price is consistently higher than its 50-day and 100-day moving averages, which is significant. Additionally, it has developed a falling wedge chart pattern, often seen as a positive sign for a bullish reversal. This pattern is formed by drawing a line connecting the highest prices since November (the upper line) and another line linking the lowest prices (the lower line).

Consequently, since the wedge is almost reaching its convergence point, it’s probable that the coin will rebound. If this occurs, it could potentially reach $0.3941, which is the highest point of this year for the coin. This projected peak represents an increase of approximately 57% from its current value.

More Altcoins Under $1 To Buy

As a crypto investor, I’m always on the lookout for opportunities, especially when prices dip. There’s a wealth of altcoins priced under $1 that are worth considering. Among these, meme coins such as Pepe, Dogecoin, and Shiba Inu have been grabbing headlines. On the other hand, established players like Cardano, Tron, and Filecoin also offer promising investment opportunities in this price range.

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2024-12-20 15:04