3 cryptocurrencies under $0.10 to buy next week
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Three $0.10‑and‑Under Coins to Watch for the Coming Week
A recent FinBold roundup highlighted three under‑$0.10 digital assets that could offer attractive upside if their short‑term catalysts play out. The analysis blends price action, on‑chain fundamentals, and upcoming events to paint a concise picture of what might drive each token over the next seven days. Below is a distilled summary of the article’s findings, along with insights drawn from linked coverage to deepen the context.
1. Tron (TRX)
Current Price & Technical Snapshot
TRX is hovering around $0.038 today, comfortably below the $0.10 ceiling. The token sits in a bullish channel, having bounced off a support line at $0.036 after a brief dip last week. On a 5‑minute chart, the Moving Average Convergence Divergence (MACD) has crossed above its signal line, hinting at renewed upward momentum. The Relative Strength Index (RSI) is trading near 48, far from the overbought territory, which suggests there is still room for upside.
Fundamental Drivers
Tron’s underlying protocol remains one of the most active blockchain ecosystems for dApp developers, especially in the gaming and NFT space. The recent partnership announcement with the global gaming company Epic Games (link included in the original article) brings a fresh influx of developer interest and potential new use cases. Moreover, the Tron Foundation’s roadmap lists a scheduled upgrade to Tron 2.0, which promises to improve scalability and introduce a native layer‑2 solution. This upgrade is slated for early October, aligning well with the “next week” window discussed.
Catalysts & Risks
The major catalyst is the upcoming Tron 2.0 hard fork. If developers adopt the new features quickly, the demand for TRX could surge. However, the price may remain tethered to the broader market’s volatility; a sharp correction in Bitcoin would likely ripple down to TRX. In addition, regulatory scrutiny on large token transfers remains a hidden risk, as several exchanges recently tightened compliance around TRX liquidity.
2. BitTorrent Token (BTT)
Current Price & Technical Snapshot
BTT trades near $0.047. Its short‑term trend shows a steady climb from $0.043 last week, forming a bullish wedge pattern that breaks above $0.049 if the momentum continues. The Bollinger Bands on a daily chart indicate a slight contraction, which often precedes a breakout. On the weekly chart, the price is currently above the 50‑day moving average, a classic bullish sign.
Fundamental Drivers
BitTorrent Token is the native token of the popular peer‑to‑peer file‑sharing protocol, and its utility is anchored in the FileSwap ecosystem. The article notes that BTT’s token supply is capped at 1.5 trillion units, with a current circulating supply that has been shrinking due to periodic buy‑back and burn events. This scarcity factor, combined with growing adoption of FileSwap for decentralized content distribution, underpins a supply‑side pressure that could drive prices higher.
The token’s integration with the newly launched BitTorrent FileSwap NFT marketplace (link included) adds another layer of demand, as creators can mint and sell NFTs directly through the protocol. If the marketplace’s user base expands, BTT’s transactional volume could rise, thereby boosting the token’s utility.
Catalysts & Risks
The upcoming launch of the FileSwap NFT marketplace is a pivotal event. Early adopters and artists could accelerate adoption, providing a surge in BTT demand. Yet, the sector remains crowded with competing NFT platforms, and user retention depends heavily on the platform’s fee structure and performance. Moreover, the regulatory environment for NFTs and tokenized assets is still evolving, which could impose unforeseen compliance costs.
3. NEM (XEM)
Current Price & Technical Snapshot
XEM sits near $0.062. The coin has been consolidating within a tight channel between $0.058 and $0.066. On a 30‑minute chart, the stochastic oscillator indicates a slight oversold condition, while the price is above its 20‑period exponential moving average (EMA). These signals suggest a potential short‑term reversal.
Fundamental Drivers
NEM’s standout feature is its Mosaic system, enabling the creation of custom assets on its blockchain. This flexibility attracts enterprise projects looking to issue tokenized securities or supply chain tokens. The article highlights an upcoming partnership between NEM and the logistics firm DHL (link included) to pilot a blockchain‑based shipping solution. If the pilot demonstrates success, it could set a precedent for wider corporate use of NEM’s platform.
Additionally, the NEM Foundation’s recent decision to reduce the block reward from 5 to 3 XEM per block is expected to lower inflationary pressure, which could support the token’s price in the medium term.
Catalysts & Risks
The DHL pilot is the primary catalyst; a positive outcome would likely elevate NEM’s credibility as an enterprise‑grade blockchain. However, enterprise adoption tends to be slow, and a failure of the pilot could stall momentum. Furthermore, NEM has historically suffered from network congestion issues, and any technical setbacks could undermine investor confidence. On a macro level, a sudden drop in Bitcoin could trigger a cascading effect that squeezes the price of XEM.
Putting the Pieces Together
The FinBold article stresses that while each of these coins has its own unique set of catalysts, they all share a common trait: a price point well below $0.10, which keeps their entry costs low for retail investors. The short‑term outlook hinges on a combination of on‑chain developments (e.g., Tron 2.0 upgrade, BTT NFT marketplace launch, NEM’s partnership with DHL) and broader market sentiment.
Investors interested in these assets should monitor the associated news releases and technical levels highlighted in the article. A breakout above the key resistance zones—$0.049 for TRX, $0.050 for BTT, and $0.066 for XEM—could trigger upward momentum, but they should remain vigilant about regulatory shifts and market cycles that could dampen gains.
In sum, FinBold’s recommendation positions these three under‑$0.10 tokens as opportunistic plays for the next week, provided that the outlined catalysts unfold and the market environment remains conducive to short‑term upside.
Read the Full Finbold | Finance in Bold Article at:
[ https://finbold.com/3-cryptocurrencies-under-0-10-to-buy-next-week-15/ ]