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When it comes to cryptocurrencies, small entrepreneurs who are new to the industry tend to shy away from investing due to the high price of Bitcoin, while they are inclined to turn to cryptocurrencies that can yield large profits with small investments. In this context, cryptocurrencies that are under $0.10 seem to be attracting the attention of this group of investors. So, which of the hundreds of altcoins out there can investors follow?
Shiba Inu (SHIB)
Shiba Inu (SHIB) is perhaps one of the two best-known cryptocurrencies in the world, sharing this title with Dogecoin. Investors have always kept their attention on SHIB. Recently, Ali Martinez stated that SHIB could rise to $0.010 or even $0.011 in the upcoming period.
On the other hand, CoinCodex’s artificial intelligence-based learning algorithms indicate that a rally could occur in February, projecting that the price could be at $0.00003132 within a month, which is 246.12% higher than its current price of $0.000009049.
Dogecoin (DOGE)
The undisputed leader of dog-themed meme coins, Dogecoin (DOGE), has been on everyone’s mind ever since Elon Musk mentioned it, and it seems that the optimistic atmosphere around cryptocurrency has started to positively affect its price.
On January 30, there was a 1,100% increase in the number of active Doge addresses, indicating that investors new to the market or those who have not previously invested in DOGE are turning their attention to the meme coin.
Setting aside the next 30 days, according to AI, there is a possibility of a price increase for DOGE in the upcoming period. In just a one-week price forecast, DOGE is expected to rise from its current price of $0.07951 to $0.081156.
Cronos (CRO)
Cryptocom‘s native token Cronos (CRO) hosted a sudden and significant increase following various integrations at the end of 2023.
Additionally, artificial intelligence algorithms predict that the price will continuously rise over the next six months, except for the end of the period, and will significantly exceed $0.08169. This could be a signal of an impending rally.
Floki Inu (FLOKI)
Floki Inu (FLOKI), while lagging behind other dog-themed meme coins, seems to be continuing to progress.
Recently, like its competitors, Floki has been moving in parallel with the crypto market. Since January 1, it had a negative outlook over the past 30 days, losing 25% of its value. However, in the last 24 hours, Floki’s price increased by 0.29% to $0.00002819, showing a positive outlook.
On the other hand, AI’s prediction for FLOKI looks positive. According to AI’s forecast, a one-month rise to $0.00003087 and a one-year rise to $0.00006017 are anticipated, which could potentially bring an increase of over 100%.