With Bitcoin touching an all-time high of $70K, the cryptocurrency market is buzzing with palpable excitement. Investors are on the lookout to salvage their lost fortunes while betting on coins that are underrated yet profitable in the long run.
With a plethora of new coins bouncing around, it can be particularly hard for investors and beginners to navigate the crypto market. Here are our top 3 affordable crypto coin picks for users who like to take their investments slow and easy.
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Top 3 Affordable Cryptocurrencies to Buy in April 2024
Cryptocurrency #1: Dogecoin
Dogecoin is a dog-inspired meme currency that has been personally endorsed by Tesla supremo Elon Musk. Doge has performed incredibly well in the ongoing bull market phase, outperforming several crypto coins in its wake.
Per CoinMarketCap, Doge is up a staggering 118% in the last month. The token is up 11% in the last 24 hours, which is a decent metric for enabling users to interact with the coin on a financial level. Trading at $0.1846, Doge is capable of supplying moderate amounts of profits for crypto beginners and enthusiasts.
Per CoinCodex, Dogecoin is predicted to break into a bullish trend soon.
“Dogecoin is forecast to trade within a range of $ 0.150397 and $ 0.751531. If it reaches the upper price target, DOGE could increase by 306.90% and reach $ 0.751531.”
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Cryptocurrency #2: Tron
Tron, an underrated gem of the cryptocurrency market, can also prove lucrative for users who are looking forward to accumulating stable profits in the long run. Per CoinMarketCap, Tron is currently trading at $0.1213, up 1.87% in the last 24 hours. The crypto has noted a spike of 3% in the past seven days, showing signs of gradual ascension and progress.
Per CoinCodex, Tron is expected to undergo minor price sways before hitting a stable price rhythm.
“According to our current TRON price prediction, the price of TRON is predicted to rise by 1.62% and reach $0.122627 by April 25, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 81 (extreme greed). TRON recorded 11/30 (37%) green days with 6.51% price volatility over the last 30 days.”
Additionally, the platform predicts Tron to trade between $0.104858 and $0.421798 by the end of 2024.
“TRON is forecast to trade within a range of $ 0.104858 and $ 0.421798. If it reaches the upper price target, TRX could increase by 246.72% and reach $0.421798.”
Tron can also be an affordable crypto coin to purchase considering its promising future price trajectory and ascension metrics.
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Cryptocurrency #3: Shiba Inu
Shiba Inu, another meme-inspired cryptocurrency, is leading the meme coin vertical as of late. Crypto is up 17% in the last seven days due to its strong community impact and growth.
Shiba Inu was launched as a decentralized meme coin but has quickly solidified its reputation as one of the leading altcoins governing the space. The token is held by millions per CMC and is currently trading at an affordable level of $0.00002961.
CoinCodex predicts Shiba Inu will hit an all-time high in April 2024.
“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 231.54% and reach $0.00009791 by April 25, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 81 (extreme greed). Shiba Inu recorded 18/30 (60%) green days with 31.67% price volatility over the last 30 days.”