As the year comes to an end, the cryptocurrency market typically sees a notable uptick in activity, presenting chances for investors to capitalize on the holiday season. While Bitcoin has impressively surged to $43,148.35, it might be beyond the financial reach for some. Nonetheless, there are still favorable cryptocurrencies trading under the $1 threshold that present excellent investment opportunities for the Christmas season. Below are the top three crypto tokens priced under $1 that have the potential to bring festive joy to your investment portfolio this Christmas.
Affordable Crypto Cheer
Cardano (ADA):
Experiencing a surge in interest from institutional investors and a significant rise in transactions surpassing $100,000, Cardano (ADA) seems well-positioned for a positive trend, presenting an appealing choice for holiday season investments. The current trading price for the cryptocurrency stands at $0.494075, indicating a 13% increase in the past 24 hours. Furthermore, ADA has demonstrated resilience with a notable 29% gain over the last seven days and an impressive 39% advancement on its monthly chart.
Dogecoin (DOGE):
Overcoming a notable hurdle at $0.087, Dogecoin (DOGE) has surged forward with expectations to reach $0.14, especially following the approval granted to its DOGE-1 Satellite by the National Telecommunications and Information Administration (NTIA) for its upcoming launch. Presently valued at $0.096990, Dogecoin has seen a 2.4% increase in the day, contributing to a 15.09% gain on its weekly chart and an impressive 24.54% advance in the last month, based on the latest available information.
While Bitcoin may be financially out of reach for some, the top three cryptocurrencies under $1—Cardano (ADA), Polygon (MATIC), and Dogecoin (DOGE)—provide affordable alternatives for Christmas investments. As the year wraps up, these tokens offer promising opportunities for potential gains, allowing investors to welcome the new year with a crypto-filled celebration. As is the case with any investment, it is crucial to conduct thorough research and consider your risk tolerance before entering the market.
Polygon (MATIC):
Investor interest in Polygon (MATIC) has heightened as large investors embarked on a buying spree, obtaining 120 million MATIC in the final week of November, amounting to $90 million. The recent inclusion of Polygon’s perpetual future contracts on Coinbase International Exchange and Coinbase Advanced adds to its attractiveness. As of now, MATIC is priced at $0.861747, reflecting a daily surge of 4.9%. Additionally, the cryptocurrency has demonstrated resilience, registering a 10% increase over the past week and a noteworthy 12.7% growth over the month.