In the world of cryptocurrencies, where big names like Bitcoin and Ethereum dominate headlines, it’s crucial not to overlook the hidden gems that could potentially yield significant returns. While Bitcoin continues to set new records, there are lesser-known altcoins trading for less than $1 that warrant attention. These coins may be flying under the radar now, but they possess the potential for exponential growth. Here are the top three cryptocurrencies under $1 to watch this weekend:
Bitcoin [BTC]
Bitcoin, the pioneer cryptocurrency, continues to capture the attention of investors worldwide. Recently, Bitcoin reached a new all-time high of $73,592.82, demonstrating a remarkable 2% surge over the past 24 hours. Despite its historic peaks, investor sentiment remains overwhelmingly bullish, with the Cryptocurrency Fear and Greed Index standing at 81, indicating extreme greed. The steady support base above the $70,000 mark suggests further potential for upward movement, making Bitcoin a cryptocurrency to closely monitor this weekend.
Also Read: Bitcoin Hits New High of $73,000: Why is BTC Rising Today?
Avalanche [AVAX]
Avalanche, a relatively lesser-known cryptocurrency, has been making significant strides in recent days. With a 14% surge in the past 24 hours, Avalanche is currently trading at $54.30, inching closer to its $60 target. The token’s price surpassed its previous peak in December 2023, reaching an intraday high of $56.57. This upward momentum indicates growing investor interest and the potential for further price appreciation. As Avalanche continues its ascent, it remains a cryptocurrency worth watching over the weekend.
Dogwifhat [WIF]
Dogwifhat (WIF) has emerged as a dark horse in the cryptocurrency market, experiencing a meteoric rise in recent weeks. With an astonishing 184% surge in just one week, Dogwifhat has solidified its position as a top 100 cryptocurrency, boasting a market valuation exceeding $1.4 billion. Although the coin experienced a 24% surge over the last 24 hours, trading at $2.36, its remarkable momentum is undeniable. Having soared by 499% over the past 30 days, investors are eagerly anticipating whether Dogwifhat can reach $5 by the end of March 2024. As one of the most talked-about cryptocurrencies in the current market, Dogwifhat is undoubtedly a coin to keep an eye on this weekend.
In conclusion, while Bitcoin continues to lead the cryptocurrency market, there are several under-the-radar altcoins presenting compelling opportunities for investors. Avalanche and Dogwifhat, in particular, have demonstrated significant potential for growth in the near term. As the cryptocurrency market evolves, staying informed and identifying promising assets can lead to lucrative investment opportunities. This weekend, keep a close watch on Bitcoin, Avalanche, and Dogwifhat as they navigate the dynamic landscape of digital currencies.
Also Read: Why is HEX Cryptocurrency Crashing 36% Despite the Bull Run?
