The cryptocurrency market is at its highest levels in almost two-and-a-half years. Bitcoin (BTC) is leading the market rally and recently hit a new all-time high. BTC’s latest spike is likely due to increased inflows into spot BTC ETF (Exchange Traded Fund) products.
As we get closer to the end of Q1 2024, let’s look at three assets to watch under $1 for the end of this month.
Top 3 cryptocurrencies under $1 for March end 2024
Shiba Inu (SHIB):
Shiba Inu (SHIB) is among the most popular crypto assets in the market. SHIB also witnessed a massive price spike over the last few weeks, leading to the asset climbing several spots in the rankings.
Despite an 8.3% correction in the last 24 hours, SHIB may bounce back to the $0.00004 level. According to CoinCodex, the popular dog-themed cryptocurrency could hit $0.000113 in early April. Furthermore, SHIB team member Lucie has revealed that they have collected funds to burn 4.5 billion tokens, which may further push the asset’s price.
XRP:
Ripple’s XRP token is one of the most popular cryptocurrencies for cross-border remittance purposes. However, the asset’s price has faced a 3.1% correction in the weekly charts and a 2.5% correction in the daily charts. XRP faces immediate resistance at around $0.60.
Also Read: Top 3 Cryptocurrencies With Minimum Risk For Beginners
According to CoinCodex, XRP could witness a price spike over the next few days. However, the platform does not anticipate XRP’s price to hold. The asset may face another correction in the last week of this month.
Cardano (ADA):
Cardano (ADA) is another popular cryptocurrency under $1 that has faced a significant correction over the last few days. ADA’s price has fallen 3.3% in the daily charts and 7.3% in the weekly charts. However, the asset’s price may rally in the last week of this month.
Also Read: Top 3 Cryptocurrencies That May Deliver 30% Profits in March.
ADA is also one of the most developmentally active cryptocurrency projects, making it a solid project to watch.