Dogecoin

Stellar

VeChain

Fantom

Shiba Inu

<p>The third month of 2023 is coming to a close with a hint of pessimism due to a new <a href="https://finbold.com/binance-ceo-refuses-to-back-down-amidst-cftcs-damning-allegations/" rel="noopener noreferrer nofollow">regulatory offensive</a> on the world’s largest <a href="https://finbold.com/guide/cryptocurrency-trading/" rel="noopener noreferrer nofollow">cryptocurrency trading</a> platform <a href="https://finbold.com/review/binance-review/" rel="noopener noreferrer nofollow">Binance</a>. And while the chatter is mostly focused on the assets costing thousands of dollars apiece, there are lots of those that can be purchased for $1 or less.</p><p>In this context, Finbold has scoured the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">crypto market</a>, analyzing digital assets’ recent performance and important developments to produce a list of <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrencies</a> that can still be obtained for under a dollar, making them worthwhile to keep an eye out for in April.</p><h2 id="header-0">Shiba Inu (SHIB)</h2><p>Shiba Inu (<a href="https://finbold.com/cryptocurrency/shiba-inu/" rel="noopener noreferrer nofollow">SHIB</a>) has recently reignited <a href="https://finbold.com/guides/investing/" rel="noopener noreferrer nofollow">investor</a> attention by becoming one of the cryptos <a href="https://alchemypay.org/news-and-press/burger-king-in-paris-welcomes-crypto-payments-for-instpower-powerbanks-via-alchemy-pay-and-binance-pay" rel="noopener noreferrer nofollow">accepted at Burger King Paris</a> courtesy of Alchemy Pay and Binance Pay, but it is the latest <a href="https://twitter.com/LucieSHIB/status/1639157957920161793" rel="noopener noreferrer nofollow">update</a> to the Shibarium testnet that has chased away the ‘FUD’ (‘fear, uncertainty, doubt’) surrounding the <a href="https://finbold.com/bone-jumps-20-as-shibarium-blockchain-beta-imminent/" rel="noopener noreferrer nofollow">upcoming Layer 2 network</a> over Shibarium’s chain ID <a href="https://twitter.com/Rancune_eth/status/1636169571164889090" rel="noopener noreferrer nofollow">sharing the same ID</a> as the Rinia testnet <a href="https://finbold.com/topic/blockchain/" rel="noopener noreferrer nofollow">blockchain</a>.</p><p>Although the meme coin has been recording poorer performance under the influence of the overall <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> market sentiment, its successes over time have managed to push its value upwards by 26.84% since the year’s turn, at press time changing hands at the price of $0.00001031.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3801066871bd4c9f88270d6581217ce8.png" /><p><em>Shiba Inu YTD price chart. Source: <a href="https://finbold.com/cryptocurrency/shiba-inu/" rel="noopener noreferrer nofollow">Finbold</a></em></p><h2 id="header-1">Dogecoin (DOGE)</h2><p>One of Elon Musk’s favorite cryptos, Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a>) has had a history of price hikes driven by the Tesla (NASDAQ: <a href="https://finbold.com/stock/tesla-tsla/" rel="noopener noreferrer nofollow">TSLA</a>) and Twitter CEO’s tweets on it and it has recently happened again. Specifically, Twitter user <em>DogeDesigner </em>expressed to Musk the desire to visit the Twitter HQ, to which the prominent DOGE advocate jokingly <a href="https://twitter.com/cb_doge/status/1638759379674513409" rel="noopener noreferrer nofollow">replied</a> it would “cost 3 Doge,” sending its price up.</p><p>At the same time, the Dogecoin Foundation released a <a href="https://twitter.com/michilumin/status/1639033391579549697" rel="noopener noreferrer nofollow">major update</a> to its libdogecoin toolset that included several new features, fixes, and improvements, such as the QR code support, which, combined with the community’s enthusiasm related to Musk’s support, indicates a chance of further strengthening from its current price of $0.07229.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/80b48ece151e4328954526c82c27d7c2.png" /><p><em>Dogecoin YTD price chart. Source: <a href="https://finbold.com/cryptocurrency/dogecoin/" rel="noopener noreferrer nofollow">Finbold</a></em></p><h2 id="header-2">Stellar (XLM)</h2><p>One of the oldest protocols designed to boost payment capabilities around the globe, Stellar (<a href="https://finbold.com/cryptocurrency/stellar/" rel="noopener noreferrer nofollow">XLM</a>) has demonstrated continuous strength since the year’s turn, thanks to the development of its new smart contract platform <a href="https://stellar.org/blog/soroban-stellar-love" rel="noopener noreferrer nofollow">Soroban</a>, which is designed to function on top of Stellar and “advance and uphold this mission.”</p><p>On top of that, the central bank of Brazil has recently <a href="https://www.reuters.com/world/americas/brazil-announces-pilot-digital-currency-seeking-leverage-financial-services-2023-03-06/" rel="noopener noreferrer nofollow">begun tests</a> on the Stellar blockchain to launch its own central bank digital currency (<a href="https://finbold.com/topic/cbdc/" rel="noopener noreferrer nofollow">CBDC</a>), called Digital Real, due to the network’s high functionality and design facilitating mass enterprise adoption, coinciding with XLM price advancing 6% in the last month and 6.89% in the previous week, at press time trading at $0.09.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3433da8c9c24455aa5c27107fb66ee30.png" /><p><em>Stellar YTD price chart. Source: <a href="https://finbold.com/cryptocurrency/stellar/" rel="noopener noreferrer nofollow">Finbold</a></em></p><h2 id="header-3">VeChain (VET)</h2><p>Meanwhile, Layer 1 enterprise blockchain ecosystem VeChain (<a href="https://finbold.com/cryptocurrency/vechain/" rel="noopener noreferrer nofollow">VET</a>) has recently unveiled the new <a href="https://www.vechain.org/assets/whitepaper/whitepaper-3-0.pdf" rel="noopener noreferrer nofollow">VET 3.0 whitepaper</a>, in which the company presented an in-depth roadmap of the VeChain protocol in the next few years with an increased focus on sustainability in the crypto space.</p><p>Additionally, the ecosystem’s team has managed to (re)capture investor interest with the <a href="https://www.linkedin.com/posts/vechaintech_impressions-prowein-day-1-activity-7043625779317927936-Rcux" rel="noopener noreferrer nofollow">demonstration</a> of its wine NFT solutions at ProWein, the annual wine and spirit industry fair held in Düsseldorf, Germany, contributing to a year-to-date (YTD) price increase of 35.7% to the current $0.02.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0a68daa348c74caeba9bd1235cda9b14.png" /><p><em>VeChain YTD price chart. Source: <a href="https://finbold.com/cryptocurrency/vechain/" rel="noopener noreferrer nofollow">Finbold</a></em></p><h2 id="header-4">Fantom (FTM)</h2><p>Finally, Fantom (<a href="https://finbold.com/cryptocurrency/fantom/" rel="noopener noreferrer nofollow">FTM</a>) recently announced its plans to modify the requirements for validator <a href="https://finbold.com/guide/cryptocurrency-staking-guide/#What_is_cryptocurrency_staking" rel="noopener noreferrer nofollow">staking</a> on its platform, reducing the minimum requirement to a more budget-friendly 50,000, 75,000, or 100,000 FTM, from the previously exorbitant 3.175 million FTM, that was subsequently reduced to 500,000 FTM (compared to Ethereum’s 32 <a href="https://finbold.com/cryptocurrency/ethereum/" rel="noopener noreferrer nofollow">ETH</a>).</p><p>Furthermore, Fantom has also <a href="https://twitter.com/FantomFDN/status/1632761532764307462" rel="noopener noreferrer nofollow">introduced</a> a new mainnet upgrade that promises to speed up P2P and block processing times by 30%, as well as allow the network to process certain files and search logs more quickly. Since January 1, FTM has gained over 100% in its price, despite losing 12.68% in the last week, currently trading at $0.40.</p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/282b82b9c33842bca2752c5aad82b2f7.png" /><p><em>Fantom YTD price chart. Source: <a href="https://finbold.com/cryptocurrency/fantom/" rel="noopener noreferrer nofollow">Finbold</a></em></p><h2 id="header-5">Conclusion</h2><p>All things considered, no smart investor should restrict themselves to assets that cost less than $1 just because they are a cheap way to accumulate tokens and coins. However, the abovementioned cryptocurrencies are among the most promising investments for April 2023.</p><p><em><strong>Disclaimer:</strong> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p><p><strong>Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.</strong></p>

Top 5 cryptocurrencies under $1 to buy in April 2023

Table of Contents

Finbold

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