"Investors can look around and do research first, don't just play around and buy."
Amidst the growing cryptocurrency market, there are several tokens priced below $1 that are seen as having the potential to give traders the opportunity to generate handsome profits.
Here are 5 tokens that investors should pay attention to in 2024:
Ripple (XRP)
Immediately after hovering below $0.60, XRP has already seen a recovery when its price managed to break through $0.63 on December 3 yesterday where it is now trading at $0.62 which is a 1.37% increase in the last 24 hours.
If the recent correction has revived bullish sentiment, the next breakout of the resistance zone at $0.64 could push the price to jump another 12% to $0.70 followed by $1.
Kaspa (KAS)
KAS has in the last month emerged as a prominent player in the crypto market as its price experienced a nearly 210% climb to reach a new all-time high of $0.15.
Due to the impressive increase, KAS is currently found to be in a consolidate phase but its price is able to target a new high of $0.25 which is an increase of 82%.
Oasis Network (ROSE)
Since mid-October 2023, ROSE has seen a slow climb where its price has soared up to $0.089 from $0.039 in the last two months which marks a 124% increase.
As such, ROSE price currently trading at $0.860 needs to break through the further resistance zone at $0.091 to reach a new high at $0.138 which is a jump of 62%.
Cronos (CRO)
CRO has recently entered a correction phase as the price retreated from $0.12 to $0.09, but it is expected that the decline is a sign for CRO to continue moving higher.
So here it can be seen that the price of CRO has the potential to see an increase of 36% followed by 62% to reach $0.20 or $0.22.
Klaytn (KLAY)
Since mid-September 2023, KLAY has shown a remarkable recovery where its price bounced from a low of $0.107 to a recent high of $0.19 which is an increase of 113%.
KLAY which is currently poised for further growth could rise 98% to reach $0.38 and the breakout could push its price to a 20-month high of $0.63.
