2024

Cryptocurrency

Cardano

<div class="finbold">
 <p class="paragraph">After <a rel="noopener noreferrer nofollow" title="altcoins" href="https://thebittimes.com/tag/altcoins.html">altcoins</a> took a breather in the final weeks of December 2023, cryptocurrencies other than Bitcoin (BTC) entered 2024 with renewed optimism and currently represent a great investment for the <a rel="noopener noreferrer nofollow" title="start" href="https://thebittimes.com/tag/start.html">start</a> of the new year, some more than others, and some still available at the low price threshold below $1.</p>
 <div></div>
 <p class="paragraph">Indeed, “the hype is getting back” in the crypto markets, and altcoins are still good to invest in, as recently noted by renowned crypto trading expert Michaël van de Poppe in his X post published on December 29, in which he also explains why they are such a great investment.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Why #Altcoins are a great investment!<br><br>Markets tend to move through hype and sentiment cycles. Two months ago, the markets were still silent and now, the hype is getting back.<br><br>Solana went up 10x, Injective has been doing great, but what's next? Are altcoins still good to invest?… pic.twitter.com/jCi6eViEuI</p>— Michaël van de Poppe (@CryptoMichNL) December 29, 2023
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-1-cardano-ada">#1 Cardano (ADA)</h2>
 <p class="paragraph">Specifically, Cardano (ADA) has reclaimed the top spot among all crypto teams through notable monthly development activities on the <em>GitHub </em>platform, suggesting increased efforts in expanding the related ecosystem, besides adding almost 10,000 smart contracts in 2023.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/1f9WcHy4SF162bnW6C4F65iDGW6p4DPeT6vw4kRN0qDju4R-Bi9w8-sOlRNWUwdH02iFj3RwC5X1MuwXz7oOrtTPvZGqkADp6Byu2W8J1eXfFsnAheGw6nD8t8NqR1P6Aq6dx_B2BRINEiOG0RirmNI" alt>
  <figcaption class="wp-element-caption"><em>Top 10 cryptos by monthly GitHub activity until December 26. Source: </em><em>Santiment</em>
  </figcaption>
 </figure>
 <p class="paragraph">In the meantime, Cardano is changing hands at $0.6056, which represents an increase of 0.75% on the day, a negative price change of 1.4% across the past week, and a 58.68% advance on its monthly chart, according to the latest information retrieved on January 1.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/9648085022564a8523bf73c531baa210.webp" alt class="wp-image-146482" srcset="https://cdn.thebittimes.com/images/2024/01/01/9648085022564a8523bf73c531baa210.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/9648085022564a8523bf73c531baa210.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/9648085022564a8523bf73c531baa210.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/9648085022564a8523bf73c531baa210.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Cardano 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-2-xrp-xrp">#2 XRP (XRP)</h2>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/0e3fd775a86cfc0641a00e855c589df0.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="machine-learning-algorithm-sets-xrp-price-for-january-31-2024">Machine learning algorithm sets XRP price for January 31, 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/03eaafeee5222dad3476cd4bf1aeac05.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="january-s-crypto-hotlist-top-3-picks">January’s crypto hotlist: Top 3 picks</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/2cde62cbacb7131648d010e3405ecdef.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="chatgpt-picks-3-promising-cryptocurrencies-for-the-start-of-2024">ChatGPT picks 3 promising cryptocurrencies for the start of 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/c356bcecaf9cf8c308042be2b12f241f.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="ripple-will-unlock-1-billion-xrp-on-january-1-what-to-expect">Ripple will unlock 1 billion XRP on January 1 – What to expect?</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2024/01/01/a3aa989c547bb9d53b6128372ccb0e59.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="ripple-v-sec-end-of-2023-case-update">Ripple v. SEC end of 2023 case update</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">At the same time, XRP (XRP) is caught in a ‘neck and neck’ race to $1 with Cardano (ADA) and on the path that could see it win this race and further skyrocket to $3.7 if history repeats itself with regards to the Super Guppy indicator, as recently reported by Finbold.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/bYHHfm00mwGoCEL8qfEPgXgR9YpgVaQ0ZBZohrWo10jOXM8XVszsjSXtQAu6NpgFX3JTd7wnwY0fS9P47r2vnKl7GwTHRibw4L8T-7h7h3c7VlPrMSkQXiMTfPtWGaKZwrJSlnqgPS6S7yurw0bD6xA" alt>
  <figcaption class="wp-element-caption"><em>XRP price action analysis and forecast. Source: </em><em>Egrag Crypto</em>
  </figcaption>
 </figure>
 <p class="paragraph">Presently, the XRP token is changing hands at $0.62, having declined by 0.09% in the last 24 hours but still holding onto the 0.79% gain across the previous week and the advance of 2.11% in the last month, as the latest charts on January 1 suggest.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/477edfad244ed3989a4be5a741bfea1f.webp" alt class="wp-image-146483" srcset="https://cdn.thebittimes.com/images/2024/01/01/477edfad244ed3989a4be5a741bfea1f.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/477edfad244ed3989a4be5a741bfea1f.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/477edfad244ed3989a4be5a741bfea1f.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/477edfad244ed3989a4be5a741bfea1f.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>XRP 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-3-algorand-algo">#3 Algorand (ALGO)</h2>
 <p class="paragraph">Furthermore, the native token of the decentralized crypto transactions platform Algorand (ALGO) has attracted the attention of the mainstream as it became the blockchain of choice for the joint project of TravelX and Viva Aerobus to convert airline tickets into digital assets.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">Congratulations to @travelx__ on their partnership with @VivaAerobus, a leading green airline based in Mexico! They will be working together to convert tickets into digital assets on the #Algorand Blockchain ️ https://t.co/LktifDt8rA</p>— Algorand Technologies (@Algorand) December 28, 2023
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">Meanwhile, Algorand is trading at the price of $0.224, which suggests a growth of 0.87% on the day and a 6.81% drop loss across the previous week. Nonetheless, it is also sustaining a 67.39% gain accumulated over the past month, according to the most recent information.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/51c843ab23d9aacfcd1dcefb7ca37ef9.webp" alt class="wp-image-146484" srcset="https://cdn.thebittimes.com/images/2024/01/01/51c843ab23d9aacfcd1dcefb7ca37ef9.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/51c843ab23d9aacfcd1dcefb7ca37ef9.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/51c843ab23d9aacfcd1dcefb7ca37ef9.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/51c843ab23d9aacfcd1dcefb7ca37ef9.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Algorand 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-4-polygon-matic">#4 Polygon (MATIC)</h2>
 <p class="paragraph">Although Polygon (MATIC) falls into the under $1 category for now, it has been briefly venturing into the $1+ zone recently, and it might not stay there for long as it is <a rel="noopener noreferrer nofollow" title="start" href="https://thebittimes.com/tag/start.html">start</a>ing to get momentum, with continuation likely towards $1.30, according to the observations by Michaël van de Poppe.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/iVU-Gs7gvEyI5yPtfFX9wnCLc45v33ncaoQVdIrY0aqQErAx702rD_K6hSTAWebOcoeJ_1fAou_Zg0B7dXEMoUnz_zgSP9pwu-gDeAZkw9aR2sQLCQJzfGeGaisJ1ZaRjmaXHoF6aBFbqLbkcSyZuAY" alt>
  <figcaption class="wp-element-caption"><em>Polygon price action analysis and prediction. Source: </em><em>Michaël van de Poppe</em>
  </figcaption>
 </figure>
 <p class="paragraph">At press time, Polygon’s crypto asset was trading at the price of $0.982, recording an increase of 2.22% in the last 24 hours. Furthermore, it was also still holding onto the 12.28% increase across the previous seven days and an advance of 25.77% in the past month, as per the latest data.</p>
 <figure class="wp-block-image aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/01/69710fe02e48ddbce45f13381c34aad5.webp" alt class="wp-image-146485" srcset="https://cdn.thebittimes.com/images/2024/01/01/69710fe02e48ddbce45f13381c34aad5.webp 1024w, https://cdn.thebittimes.com/images/2024/01/01/69710fe02e48ddbce45f13381c34aad5.webp 300w, https://cdn.thebittimes.com/images/2024/01/01/69710fe02e48ddbce45f13381c34aad5.webp 768w, https://cdn.thebittimes.com/images/2024/01/01/69710fe02e48ddbce45f13381c34aad5.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Polygon 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-conclusion">Conclusion</h2>
 <p class="paragraph">Overall, these four <a rel="noopener noreferrer nofollow" title="altcoins" href="https://thebittimes.com/tag/altcoins.html">altcoins</a>, which are still available at the price of $1 or under, represent a good buy at the <a rel="noopener noreferrer nofollow" title="start" href="https://thebittimes.com/tag/start.html">start</a> of 2024, provided that they sustain their strong foundations. However, it is important to carry out one’s own research and weigh individual risk tolerance before investing in any of them.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/4-altcoins-to-buy-under-1-for-start-of-2024-tbt75293.html">https://thebittimes.com/4-altcoins-to-buy-under-1-for-start-of-2024-tbt75293.html</a></p>

4 altcoins to buy under $1 for start of 2024

Table of Contents

TheBitTimes

Другие статьи, опубликованные 1 янв. 2024 г.

ARC-20: The Evolution of Digital Assets on Bitcoin’s Blockchain

Is It Too Late to Buy Filecoin? FIL Price Turns Green as New Meme Coin Approaches Exchange Launch...

Foundation’s Measures on Orbit Bridge Exploit

New Year Nightmare: Orbit Bridge Hit with Massive $82 Million Hack!

Artificial Intelligence (AI): Towards a GAFAM Monopoly?

CoinGecko: FEG BSC is top trending crypto today

Join our free newsletter for daily crypto updates!