The cryptocurrency market seems to be witnessing a fresh wave of positive sentiment as we enter the final leg of 2023. Bitcoin (BTC) has once again surged beyond $38k, rallying 2.3% in the last week. Analysts expect BTC to rise even further in a few months as we approach its next halving cycle. Current levels could be the lowest prices before the next bull market.
Many new investors may enter the digital asset industry in anticipation of a bull run in 2024. However, not all investors want to start big. Some may want to try their hand at something cheap, but at the same time, with potential. Here are the top crypto to watch under $1 this weekend
Top 3 cryptocurrency projects under $1 for this weekend
XRP:
XRP is among the most popular cryptocurrency assets in the market right now. Although the token has faced a 1.6% correction in the weekly charts, PricePredictions anticipates the token to rally to $0.6132 by Dec. 3, 2023.
Also Read: Ripple: Over 500 Companies Use XRP as a Bridge, Can it Hit $1?
Over 500 companies use Ripple’s XRP token as a bridge currency. Many analysts anticipate more firms to use the popular cryptocurrency for cross-border payments. The rise in adoption could make the token a lucrative bet for new investors.
Dogecoin (DOGE):
DOGE is among the most popular cryptocurrency tokens right now. DOGE’s price has surged by 2.8% in the daily charts and 8.8% over the previous week. Many analysts expect the memecoin to hit $0.10 very soon.
Also Read: Dogecoin: How DOGE Could Be Set to Double its Price
According to PricePredictions, DOGE could rally to $0.08477 by Dec. 3, 2023.
Shiba Inu (SHIB):
SHIB is one of the most popular cryptocurrency projects. Many early investors have turned small investments into many millions. Although many believe they may have missed the boat with SHIB, some analysts predict that the token may reclaim its all-time high in the next bull run.
SHIB has surged by 2.2% over the previous week, and the token may continue rallying in December 2023. This makes it one of the more solid crypto choices to watch this weekend under $1.
Credit: Source link