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3 cryptocurrencies under $0.10 to buy in May

發布時間:2024-08-31 作者:佚名 來源:互聯網

Although most cryptocurrencies have entered a state of boredom, including the sector’s representative, Bitcoin (BTC), which hasn’t yet lived up to the hype built up prior to its recent halving event, some cryptos, still available under $0.10 apiece, might be a good investment in May.

Indeed, Finbold has analyzed the crypto sphere to arrive at the list of three digital assets that are currently changing hands below the price threshold of just ten cents per wholecoin and which might be among the best purchase choices for crypto traders and investors next month.

SKALE price 24-hour chart. Source: Finbold

#2 Rubic (RBC)

Meanwhile, Rubic (RBC), the native token of the eponymous multi-chain swap protocol, last week formed an ascending triangle on its 3-day chart, suggesting a possible 70% surge, according to the analysis shared by renowned crypto expert Ali Martinez on April 25.

Rubic price action analysis. Source: Ali Martinez

For now, however, Rubic is trading at the price of $0.0308, which suggests a decline of 2.89% in the last 24 hours, a 3.23% loss across the previous seven days while also dropping 11.08% over the past month, according to the latest chart information.

Rubic price 24-hour chart. Source: Finbold

#3 Data Lake (LAKE)

Another one of van de Poppe’s recommendations is Data Lake (LAKE), a ‘smaller’ project, as he referred to it, “relatively new in the ecosystem,” and providing “an actual use case” in the form of the Data Lake Chain, which aims to create a global blockchain-based medical data donation system.

? We're thrilled to unveil today the top Priority 1 from our Q2 Roadmap: the Launch of the Data Lake Chain!This priority comes along with a new ground-breaking use case for $LAKE and the Data Lake App ready for deployment!Get ready for our most ambitious quarter yet as we… pic.twitter.com/7Z44qlLFp1

— Data Lake (@DataLakeToken) April 18, 2024

At press time, the price of LAKE stood at $0.01489, which means it has dropped 3.98% on its daily chart, adding up to the dive of 22.23% over the last week and the more significant decline of 47.66%, according to the data from crypto monitoring platform CoinMarketCap.

Data Lake 24-hour price chart. Source: CoinMarketCap

Conclusion

Ultimately, the above cryptocurrencies, presently trading below the $0.10 price level, might be a good investment for May, at least according to some crypto experts, but trends in the cryptoverse can often make a sudden shift, which is why doing one’s own research is adamant.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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