Bittime - This increase in Bitcoin prices also has a positive impact on altcoins, cryptocurrencies other than Bitcoin. Many altcoins have seen their prices rise rapidly in the last month, making profits for investors! So, this article specifically discusses 3 crypto coins whose price is still under $1 (equivalent to IDR 15,500) but is predicted to soar to $1!
What Are Altcoins?
Altcoin is a term used to refer to all cryptocurrencies other than Bitcoin (BTC). It is called an altcoin because this cryptocurrency is an alternative to Bitcoin and traditional fiat money.
Altcoins were first launched in 2011, and to date there are thousands of altcoins in circulation. Altcoins that emerged in the early days aimed to improve aspects of Bitcoin, such as transaction speed or energy efficiency. Newer altcoins have more varied goals, depending on the goals of their developers.
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Since altcoins are an important part of the cryptocurrency market, it is important for crypto investors to understand how altcoins work. You can read this article to learn more about 3 cheap altcoins (crypto assets) that have the potential to reach the price of $1 US dollar.
3 Strong Candidates: Crypto Coins That Could Hit $1
1. Decentraland (MANA)
The well-known virtual world platform, Decentraland, has its own crypto coin, namely MANA. Currently the price of MANA is around $0.67 (around Rp. 9,500). Amazingly, the price is up almost 57% in the last month! Decentraland is predicted to continue to rise and reach the price of $1. Moreover, if Bitcoin breaks its price record, MANA is predicted to also increase.
Also Read How to Buy Crypto:
2. Ripple (XRP)
Ripple's XRP crypto coin is being sought after by many investors. This can be seen from the soaring trading volume of XRP in the last 24 hours, almost reaching $2.5 billion (equivalent to IDR 35 trillion)!
With high trading volume, the price of XRP rose to $0.62 (around IDR 9,000) and is expected to continue to rise.
Moreover, rumors are circulating that Ripple will win against the SEC (the United States stock exchange regulatory body) in the case they are currently facing. If Ripple wins, the price of XRP could soar and cross the $1 mark.
3. Cardano (ADA)
The price of Cardano's ADA token has also jumped nearly 50% in the past month. Currently the price is around $0.73 (around Rp. 10,500). Investors are optimistic that the price of ADA will continue to rise and reach $0.80 (around Rp. 11,500), and could even go higher, up to $1!
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Conclusion
The world of cryptocurrency is full of potential profits, but also risks. Even though these three crypto coins are predicted to rise to $1, it is still important to do your own research before deciding to invest. Remember, cryptocurrency investments involve high risks and this article does not constitute investment advice.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What Are Altcoins and Their Role in Cryptocurrency
3 Most Potential Altcoins This Week
How to Buy & Sell Altcoins: Easy & Simple
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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