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

Innholdsfortegnelse

Finbold

Andre artikler publisert på 29. mars 2023

XRP Price Analysis 29/3: Bulls in XRP Record 90-Day High, Bullish Trend Continues

BitKeep Reimburses Users Affected by $8M Hack

BLUR Extends Season 2 – Here’s How To Maximize Your Airdrop Potential

Floki Pumps 10% After KoinBX Listing Announcement, All Set to Capture Indian Crypto Market

Boli and PARSIQ Collaborate to Boost Maldives’ Digital Landscape with Blockchain Technology

Gensler Summoned to Defend SEC’s Actions Taken Against Crypto

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!