[4 altcoins worth buying under $1 in early 2024]
Entering 2024, the cryptocurrency market other than Bitcoin (BTC) is taking on a new air of optimism at the beginning of the new year, and it is now a prime time to invest. Some of these tokens have outperformed others, with prices below the $1 threshold, making them attractive investment options.
Michaël van de Poppe, a well-known cryptocurrency trading expert, recently emphasized in an article published on December 29 that “hype is back” in the cryptocurrency market, and he explained why alternative coins are excellent investment opportunities.
The price of Cardano (ADA) currently stands at $0.6056, up 0.75% from the day, but down 1.4% over the past week. The latest data on January 1 shows Cardano has grown 58.68% over the past month.
XRP (XRP) is in a tight race with Cardano (ADA) in its bid to reach a $1 price. Finbold recently reported that XRP could surge to $3.7 after historically triggering the Super Guppy indicator again. XRP currently trades at $0.62, down 0.09% in the past 24 hours but still maintaining last week’s 0.79% gain and last month’s 2.11% growth.
Algorand (ALGO) has attracted mainstream attention as the native token of the decentralized crypto trading platform. It was selected as the blockchain platform to convert airline tickets into digital assets in a partnership between TravelX and Viva Aerobus.
Polygon (MATIC) currently falls into the sub-$1 territory, but it recently briefly entered the above-$1 territory and may not stay there for long. Michaël van de Poppe observes that it is starting to gain momentum and could extend to $1.3. Currently, Polygon’s price is $0.982, growing 2.22% over the past 24 hours and maintaining growth of 12.28% over the past week and 25.77% over the past month.
