UPCOMING CRYTOCURRENCY!
4 Best Penny Cryptocurrency You Can Buy In November 2021
The cryptocurrency market continued to slip in the last 24 hours. At $ 2.7 trillion, its value has dropped by 3% in 24 hours, and by about 10% since last week. Every major cryptocurrency fell sharply, with bitcoin (BTC) falling 11.5% in seven days. However, cheaper coins may offer the opportunity to make a big profit if the market recovers. So, we have selected the 5 best penny cryptocurrency you can buy now. These are coins that have a value of almost $ 1 or less.
1. Shiba Inu (SHIB)
SHIB is probably the most well-known cryptocurrency for penny, and for good reason. It has received a crazy 79,850,000% in just 12 months, and 74% in the previous month. Of course, it has not escaped the selloff yesterday. At $ 0.00004805, it is down 5% in 24 hours and down 30% in two weeks.
Shiba Inu (SHIB) price chart - 5 best penny cryptocurrency you can buy.
The SHIB has since downgraded its $ 0.00008616 high, set on October 28. Unsurprisingly, its relative strength index (purple above) fell below 50, indicating a selloff. At the same time, its 30-day (red) movement rate has begun to sink below its 200-day (blue) average. While this obviously reveals a loss of momentum, it also suggests future recurrence.
Although SHIB is undoubtedly a memecoin, it has a large community behind it and very popular supporters. Its Reddit page now has 430,000 subscribers, up from 175,000 in mid-June. It also lists Elon Musk as a cheerleader (sometimes unconscious), with Musk's tweet since late October facing his latest meeting (although Musk has denied owning SHIB).
Block Frunkpuppy pic.Twitter.Com/xAr8T0Jfdf
- Elon Musk (@elonmusk) October 4, 2021
Given the number of owners behind it and its history, we would not bet against SHIB making huge profits when the market returns. That’s why it’s one of our 5 best penny cryptocurrency you can buy right now.
2. Ripple (XRP)
XRP has also received a beating in the last few days. At $ 1.07, it is down 1.4% in the last hour and 4% in the last 24 hours. It also dropped by 15% last week.
Ripple Price Chart (XRP) - 5 best penny cryptocurrency purchases.
Ripple Price Chart (XRP) - 5 best penny cryptocurrency purchases.
The XRP 30-day average dropped to less than 200 days, indicating that it is currently over-sold. This is supported by its RSI, which is close to 40.
Like cryptocurrency, the future of XRP depends on Ripple and the SEC 'ongoing legal battle. If properly resolved with Ripple, we can expect XRP to have a very important meeting.
And the latest in this case is that things are going very well for Ripple, with a decision at the end of October that makes things even more difficult for the SEC.
"anywhere" (typo). I put my girl to bed - she was disturbed by beauty. 🙂
I think you feel much better when you are Ripple after reading these orders. And if you are a SEC attorney, you are preparing to work on certain weekends…
- Jeremy Hogan (@ attorneyjeremy1) October 22, 2021
At the same time, Ripple continues to grow in terms of its ecosystem, despite its legal problems. Late last month, it announced a partnership with Pythl-based global financial services provider. Together, the two will bring fast-moving, low-cost funds to the Middle East region, starting with the UAE.
3. Dogecoin (DOGE)
Like SHIB, DOGE is another memecoin you can count. It currently has a value of $ 0.234734, representing a 1% decline in the last hour and a fall of 2.8% on the last day. It has dropped by 14% in the last seven days.
Dogecoin Price Chart (DOGE)
Dogecoin Price Chart (DOGE)
DOGE in another currency has its average of 30 days less than 200 days. Also, this suggests that it is approaching the bottom, as does its sub-50 RSI.
Like SHIB, DOGE has nothing but its vast community of supporters and managers. Not a good thing without a guessing car, but so far it has proven to be effective if you managed to find the right time.
In fact, the DOGE community is larger than SHIB. Its Reddit page now has 2.2 million subscribers, and its verified Twitter page has 2.5 million. If nothing else, this suggests he will continue to see circles in the future.
It is also worth pointing out that Dogecoin, as a contract, has benefited from many improvements since DOGE received the smoke this year. The latter came about a week ago, proving its solidity as a stadium.
we are making a small release.Https: //t.Co/aDSGvv52vi
- Dogecoin Developers (@dogecoin_devs) November 8, 2021
4. Iota (IOTA)
IOTA has the unique difference of being one of the few known coins that came up in the last 24 hours. At $ 1.39, it rose 15.4% on the last day. However, it dropped by 2% last week, although it increased by 10% last month.
Iota Price Index (IOTA).
Iota Price Index (IOTA).
IOTA's technical indicators show that, unlike the rest of the market, it has momentum behind it. Its 30-day average exceeds 200 days, while the RSI is close to 60. There is no ‘very high’ metrics, indicating that its recent wealth may continue.
The reason for the increase in IOTA strikes today is that Iota has just launched its replacement for the first time. As part of this launch, participants in IOTA will receive glossary tokens (SMR) in return. This increased the market demand for IOTA, and also increased the hype around Iota. As a network, Shimmer will be used as a type of testbed development, which helps accelerate the emergence of Iota.
Today we officially launch #IOTA Staking! 🚀
All #Shimmer tokens will be distributed to IOTA stakeholders. Capture your $ MIOTA to get free $ SMR tokens.
Be early and get your share of the new token economy. Https://t.Co/jn83hPTrza@shimmernet
- IOTA (@iota) November 16, 2021
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