With the overwhelmingly optimistic sentiment in the wider cryptocurrency market, which has seen its representative, Bitcoin (BTC), crush its previous record and move above $70,000, some of the best investment opportunities for this week are still available under $0.10 per wholecoin.
In this context, Finbold has scoured the crypto sector and narrowed down the choice to three digital assets that are currently changing hands at the price of less than ten cents apiece and which could fall in the category of best purchase choices for crypto traders and investors this week.
SHIB price action analysis and prediction. Source: Ali Martinez
Meanwhile, Shiba Inu is trading at the price of $0.000034, up 0.18% in the last 24 hours, as well as advancing 32.62% across the previous seven days, and adding up to the impressive monthly increase of 272.13%, according to the most recent chart data on March 11.
Shiba Inu 7-day price chart. Source: Finbold
#2 Celer Network (CELR)
Next is the native token of Celer Network (CELR), a blockchain interoperability protocol facilitating one-click access to tokens, decentralized finance (DeFi), game finance (GameFi), non-fungible tokens (NFTs), governance, and more, across multiple chains and which is recording a ‘strong buy’ sentiment.
Celer Network 1-day sentiment gauges. Source: TradingView
Currently, the price of CELR stands at $0.034, which suggests it has increased by 3.77% on the day, adding up to the weekly gain of 8.60%, as well as advancing an even more significant 82.21% across the previous 30 days, as per the latest information retrieved by Finbold.
Celer Network 7-day price chart. Source: Finbold
#3 Floki (FLOKI)
Finally, Floki (FLOKI) has been recording bullish sentiment as well, particularly after the announcement of its DAO that it would burn over 190 billion FLOKI in a week to ensure “long-term security and stability,” as well as amid a remarkable 4,400% surge in social interactions over the past year.
⚔️With memecoins in focus, it's been a wild year of growth for $FLOKI with 2024 turning up the ? so far.1-year performance shows a +271.6% increase in creators posting about @RealFlokiInu which has driven a +406.3% increase in social posts, resulting in a +4,404.4% increase in… pic.twitter.com/5RjgdmONTc
— LunarCrush (@LunarCrush) March 8, 2024Indeed, the price of the popular dog-themed meme coin at press time stood at $0.000284, recording a massive 16.51% gain in a single day, on top of skyrocketing 76.84% in the past week, and racing an exceptional 810.20% on its monthly chart, as it makes a run toward a new all-time high (ATH).
Floki 7-day price chart. Source: Finbold
Conclusion
All things considered, the above cryptocurrencies present particularly lucrative purchase opportunities for this week, but it is important to keep in mind that the situation could easily change for the worse, which is why doing one’s own detailed research before investing is essential.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
