Top 4 Cryptocurrencies Under $10 to Consider for January 2024
Date: 2023-12-23 Author: Dima Zakharov Categories: BLOCKCHAIN
Helium (HNT): Wireless Revolution and NFT Rewards
Helium (HNT) has truly disrupted the telecommunications market by launching the Helium Mobile decentralized wireless network, offering unlimited cellular service for just $20 per month in the USA, along with rewards in the form of non-fungible tokens (NFTs), which have boosted the token's price.
Currently trading at $7.39, Helium has experienced a 6.1% drop in the last 24 hours, but it has surged by an impressive 55.9% in the past two weeks and a whopping 255% in the last month.
*30-day Helium price chart. Source: CoinGecko*
Stacks (STX): A Social Media Favorite
Stacks (STX) has made it to the list of the top three most talked-about tokens on social media, alongside Solana (SOL) and NEAR Protocol (NEAR). Positive comments from venture capitalist Tim Draper have also contributed to its price growth.
Currently priced at $1.32, STX experienced a 9.1% decrease in its value in the last 24 hours. However, it has shown substantial gains of 31.1% in a week and 115.6% in a month.
*Stacks 30-day price chart. Source: CoinGecko*
Cardano (ADA): Expanding Ecosystem and Energy Partnerships
Cardano (ADA) developers continue to enhance the ecosystem and engage with the community. A recent announcement revealed a partnership with Brazilian oil giant Petrobras, where Cardano representatives will conduct blockchain seminars and explore blockchain applications in the energy sector.
The current price of Cardano is $0.61, reflecting a daily growth of 2.5%, despite a 1.5% loss over the week. Its 30-day growth stands at an impressive 66%.
*30-day Cardano price chart. Source: CoinGecko*
Fantom (FTM): Bullish Growth and Increasing Addresses
Fantom (FTM) has been experiencing bullish growth, not only in terms of price but also in the increasing number of new addresses, indicating rising demand for FTM. Crypto trading expert Ali Martinez shared data about the token on December 16.
Currently trading at $0.47, Fantom has witnessed a 1.1% daily price increase, a 13.9% weekly gain, and an impressive 64.5% surge over the past month.
*30-day Fantom price chart. Source: CoinGecko*
These mentioned altcoins have shown significant strength in recent weeks, suggesting a high probability of this trend continuing in the future. However, before investing in them in January 2024, investors should conduct their own market research based on their risk tolerance levels.
