Despite a significant list of positive developments emerging for the crypto market in recent months, several major cryptocurrencies are experiencing notable declines in the early weeks of 2024.
Yet, while prices are trending lower than they were in the final quarter of 2023 or have simply lost momentum and are trading mostly sideways – like the world’s leading cryptocurrency, Bitcoin (BTC) – the industry is still full of opportunities. Is.
Additionally, the current trend is likely to reverse, at least temporarily, in a big way in a few months as the Bitcoin halving is expected and, looking at historical data, will lead BTC and many other coins and tokens to the upside.
Yet, the story of cryptocurrency is not just that of Bitcoin, Ethereum (ETH) and other big names, but also of the many smaller coins and tokens that can and often do make big moves, and with that in mind, Finbold decided to take a look at the best digital assets under $0.10 to buy next week.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is one of the most recognized “dog tokens” and one of the mainstays of the meme coin scene. According to a technical analysis (TA) indicator tracked by Ali Martinez, a leading crypto expert on X, it has attracted the attention of traders several times and now has the potential for a significant increase.
Additionally, AI-powered predictive algorithms coincodex A February rally is also expected for the cryptocurrency as he estimates that, in a month’s time, it will be priced at $0.00003132 – 246.12% higher than its current price of $0.000009049.
SHIB AI Price Prediction. Source: Coincodex
However, it should be noted that such a surge would go against the current downtrend, which has seen the popular meme coin decline by approximately 16% since the beginning of 2024.
SHIB YTD Price Chart. Source: Finbold
Dogecoin (DOGE)
Being the original dog-themed meme coin, Dogecoin (DOGE) rarely fades from traders’ minds completely, and recent days have only given reason for renewed optimism about the cryptocurrency.
By the last day of January, DOGE saw a real increase in addresses – a 1,100% increase to be exact – indicating that investors are regaining optimism and enthusiasm for the Dogecoin and a large increase in volume and price. Opening up the possibility of. ,
The machine learning algorithms themselves also predict price growth for DOGE in all presented timeframes, except for the coming 30 days. In terms of next week, the meme coin is expected to go from its press time price of $0.07951 to $0.081156.
DOGE AI Price Prediction. Source: Coincodex
Unlike Shiba Inu, Dogecoin is stuck in a bearish 2024 and is down about 14.5% year to date. Again, similar to SHIB, DOGE is up about 1.05% over the last 24 hours.
DOGE YTD price chart. Source: Finbold
Cronos (CRO)
Cronos (CRO), the platform token of the Crypto.com cryptocurrency exchange, has experienced a sudden and significant surge in late 2023, partly due to its integration with the bring-your-own-chain (BYOC) network.
Although the surge was impressive and it quickly rose from $0.05 to almost $0.11, it has since been stuck in a downtrend in the crypto market. Like the two cryptocurrencies discussed earlier, it has fallen by about 15% since the beginning of 2024 and is up by 1.39% in the last 24 hours.
CRO YTD Price Chart. Source: Finbold
However, it appears set to enter a rally soon, with predictive AI algorithms predicting it will rise well above the current price of $0.08169 in all but the 6-month window.
CRO AI Price Prediction. Source: Coincodex
However, it should be noted that a pattern that sees an altcoin rise rapidly before entering a longer period of decline is not unusual, and it is, at the very least, likely that Cronos will see more action below its current price. Will get stable base. As it is it will get over it.
Floki Inu (Floki)
Floki Inu (FLOKI) is another standout meme coin that, along with being an interesting investment, plays a vital role in its ecosystem when it comes to many Web3 features.
recently,. Floki is trading mostly down along with most of the crypto market and is about 25% in the red since January 1. However, it is slightly in the green over the last 24 hours as it is up 0.84% to $0.00002795.
Floki YTD Price Chart. Source: Finbold
The AI forecast for FLOKI is also mostly positive as the token’s 1-month growth is estimated at $0.00003087, and its 1-year growth is $0.00006017 – which would be 116.52% higher than the price at the time of writing.
Floki AI Price Prediction. Source: Coincodex
Typically, Floki Inu trades with significant volatility, but at least over the last 52 weeks, it has proven relatively forgiving to investors even if they don’t time their trades right, provided that In the time frame, actually be 7%. Green.
Disclaimer: The content of this site should not be considered investment advice. Investing is speculative. Your capital is at risk when investing.
Source: finbold.com
