The cryptocurrency market is down again after a brief and modest rebound. Its total cap is $1.31 trillion, representing a 4% decline in the past 24 hours, as well as a 32% drop in the past month. This fall has taken in all the major cryptocurrencies, including BTC and ETH, which have slipped by 3.7% and 4.5% in the past 24 hours. However, the ongoing downturn means that plenty of coins are available at a discount. We’ve grouped some of the most promising together in a list of the 5 best cheap cryptocurrency to buy right now.
5 najboljih jeftinih kriptovaluta za kupovinu
1. Lucky Block (LBLOCK)
LBLOCK is down by 3.4% today, at $0.00255592. That said, it has had a good week or so, being up by 130% in the past seven days.
LBLOCK remains down by 74% compared to its all-time high of $0.00974554, set in mid-February. But it’s up by nearly 500% since launching, and has been resurgent in the past few days.
This is because its native platform, Lucky Block, has confirmed the date of its first ever prize draw: May 31st.
Datum prvog izvlačenja? ?
31. maja u 8:XNUMX BST ⏰
Ne propustite, uzmite svoje $LBLOCK spreman, kupi sada na https://t.co/c3zY3rNZ4H ? pic.twitter.com/dpwClfR1tk
— Lucky Block? (@luckyblockcoin) Može 21, 2022
Lucky Block prize draws work like this: players buy tickets using LBLOCK, giving them the chance of winning 70% of each draw’s fund. Meanwhile, all holders of LBLOCK (regardless of entry) will receive an equal share of 10% of the same fund.
This setup has helped Lucky Block generate a considerable amount of excitement. While its initial rally has subsided, the fact that it will hold its first draw this time next week has renewed market interest in it. LBLOCK should continue rallying in the buildup to this draw, and likely beyond, given that the successful completion of the draw will boost investor confidence in the Binance Smart Chain-based platform. This is why it’s one of our 5 best cheap cryptocurrency to buy.
2. Loopring (LRC)
At $0.560612, LRC is up by 6% in the past 24 hours. It’s also up by 20% in the last seven days, but down by 40% in the last 30.
LRC’s technical indicators reinforce the suspicion that it’s reaching a new level. Its relative strength index (in purple) reached 80 a day ago, before settling just under 60. Its 30-day moving average (in red) has overtaken its 200-day moving average (in blue), suggesting a breakout.
There’s a simple reason for this renewed momentum. LRC’s native platform, Loopring, is benefitting from the fact that major video game retailer GameStop has launched its own official cryptocurrency wallet on the layer-two solution.
Čestitamo na lansiranju novčanika @GameStop?
Preuzmite proširenje za novčanik na bilo kojem Chrome pretraživaču danas i provjerite ga?
Integrisan je direktno sa Loopring L2, dajući korisnicima još jedan način da se neprimetno uključe direktno u Layer 2 iz vašeg pretraživača✨# L222? https://t.co/KPASOO0p1b
— Loopring??☠️ (@loopringorg) Može 23, 2022
That GameStop chose Loopring other Ethereum itself or a rival layer-two is a major endorsement. Also, Loopring can expect growing usage even when Ethereum completes its shift to a proof-of-stake consensus mechanism later this year. That’s because this shift won’t do much to improve Ethereum’s scalability in the short-term, with the latter having to wait at least until next year for sharding to arrive.
Kao takav, rast Ethereuma će rezultirati rastom Loopringa, posebno kada je to jedno od najbržih i najjeftinijih rješenja drugog sloja.
3. Tezos (XTZ)
XTZ is up by 5% in the past 24 hours, at $2.07. It’s also up by 16% in the past week, but down by 31% in the past month.
XTZ is another rare coin whose indicators are signalling strong momentum. Its RSI is up and so is its 30-day average, which together suggest a breakout of some kind.
There are a number of reasons for this, all of which relate to steadily increasing usage of Tezos, XTZ’s native platform. Tezos is a proof-of-stake layer-one blockchain, and it’s gaining traction in a variety of areas.
For one, it’s increasingly being used for NFTs, with its presence at Art Basel Hong Kong highlighting that growing numbers of artists are turning to it.
NFTs + The Ever-Evolving World of Art
A celebration of the global #Tezos umetnička zajednica. pic.twitter.com/ihxSFu5blN
- Tezos (@tezos) Može 20, 2022
Tezos is also making inroads into blockchain-based gaming, something helped by its scalability, which is superior to that of Ethereum and numerous other blockchains.
Tezos gaming is going to be epic. #tezos #blockchaingaming pic.twitter.com/61z4ZxFAei
— Block Born (@blockborn) Može 23, 2022
Similarly, a growing number of DeFi platforms are developing on Tezos. And while its total value locked in is currently modest, this low level means it has plenty of upside potential right now. Which is why it’s one of our 5 best cheap cryptocurrency to buy.
We are proud to work together with so many reputable #Tezos entities in the ecosystem. ?
Who to collaborate with next? Lets build a bigger and better #Tezos #Challenge ecosystem together! ? pic.twitter.com/wHo5dk9hze
— Plenty (@PlentyDeFi) Može 21, 2022
4. Cardano (ADA)
ADA is down by 6% in the past 24 hours, dropping to $0.513507. It’s also down by 8% in the past week and by 42% in the past month.
ADA is currently undervalued relative to its fundamentals, with its RSI confirming a period of overselling. In fact, the altcoin is 83% down since its ATH of $3.09, set back in September.
This record was set around the time Cardano finally introduced smart contract capabilities. Since then, it has been gradually building out njegov ekosistem dapps, kojih sada ima preko 900.
Trenutno je oko 900 projekata #BuildinOnCardano ?I ovo je samo početak…
Praćenje svih vijesti je pravi posao i još uvijek radimo na tome. Ali mi smo vas pokrili. U ovoj temi gledamo najnovija ažuriranja ekosistema?
Idemo!?# Cardano $ ADA pic.twitter.com/OSHbOIjFMq
- Ulazni izlaz (@ InputOutputHK) April 5, 2022
Cardano is also working with Wanchain on interoperability. This is something which will make it compatible with other chains, and thereby increase liquidity for its apps and ADA.
Da li se putovanje nastavlja? # Cardano https://t.co/8BUj6DJzMA
- Tim Harrison (@timbharrison) April 27, 2022
5. Algorand (NEŠTO)
At $0.406945, ALGO is 8% down in the past day. Its current level also represents an 11% drop in the past week and a 42% fall in the past month.
ALGO’s RSI suggests that now is a good time to buy, with the coin significantly oversold right now. Indeed, compared to its promising growth, the altcoin is certainly low-priced right now.
Recent news suggests that Algorand is one to watch for the future. It and Hivemind Capital Partners recently announced their join acquisition of music website Napster. This is a big move in terms of cornering a share of the nascent Web3 market, given the clout that the Napster still carries.
BREAKING: @HivemindCap i @Algorand danas je objavila akviziciju @Napster, da još jednom revolucioniše muzičku industriju donoseći blockchain i Web3 umjetnicima i fanovima. Veteran muzičke industrije Emmy Lovell imenovana je za privremenog izvršnog direktora. Pratite nas za više detalja. pic.twitter.com/y5NEI1oiRA
— Hivemind (@HivemindCap) Može 10, 2022
Općenito, Algorand je proof-of-stake blockchain koji tvrdi da je skalabilniji i ekološki prihvatljiviji od lanaca dokaza o radu kao što je Ethereum. To trenutno čini ukupna zaključana vrijednost od 127 miliona dolara, što predstavlja povećanje od više od 1,800% u prošloj godini.
It’s currently witnessing a gradual increase in adoption, with Koibanx and the Developing Africa Group recently announcing that it will be using Algorand to develop a platform for recording and commercialising intellectual property within Nigeria.
BREAKING: @koibanx i @developingafro
razviti #Nigeriazvanična platforma za komercijalizaciju svih IP u zemlji, na #Algorand.Kako je najavljeno @leoelduayen i @developingafro ranije danas na a #TwitterSpace. Replay ? https://t.co/pGqAc2vp0s
- Algorand (@Algorand) Može 23, 2022
Vaš kapital je u opasnosti.
Čitaj više:
Izvor: https://insidebitcoins.com/news/5-best-cheap-cryptocurrency-to-buy-may-2022-week-4