At the beginning of this week, many assets in the cryptocurrency sector are still trying to determine their future path, but some of them are already showing little progress. Let's look at five altcoins available for purchase at a price of less than $1.
TRON (TRX), the crypto asset of one of the largest blockchains in the world, has recently demonstrated growth on most charts and reached maximum values in 2021. This may be due to an increase in activity in the stablecoin network. TRX is currently trading at $0.119, with a slight daily gain of 0.1% over the past 24 hours and an increase of 4.8% over the previous seven days. Over the month, the monthly dynamics increased by 14.6%.
At the end of January, the Cardano network (ADA) experienced a significant surge in crypto transactions. IOHK also invested in the Blockfrost API to improve the network infrastructure, which allowed developers to quickly access the Cardano blockchain without having to run a local node. The current Cardano price is $0.5005, with a slight decrease of 1.5% per day and an increase of 2.6% per week. During the month, the cryptocurrency decreased its value by 3.7%.
Flare (FLR) smart contract platform, which aims to close the gap between Ethereum (ETH) and other blockchains, has announced an important strategic partnership with Google Cloud, which has led to an increase in the price of its native token. Currently, the Flare price is $0.031 and has shown impressive growth of 6% per day, 48.4% per week and 78.8% over the past few weeks.
The Celo protocol (CELO) came into the sights of the crypto market when the Circle stablecoin issuer introduced its own USD Coin (USDC) on this platform. Celo is compatible with the Ethereum virtual machine (EVM) for mobile devices, which made it possible to create the second largest stablecoin pegged to the US dollar. Currently, the price of Celo is $0.6767, with an increase of 3.4% in the last 24 hours and 2.5% in the last seven days. During the month, the value of the token increased by 1.1%.
The native token of the multilevel blockchain and the Chromia relational database (CHR) attracts attention with its goal of combining secure and non-permission-requiring functions. It is planned to release CHR on the main network, which led to an increase in price to $ 0.271. The increase on the weekly chart was 5%, and the token rose in price by 6.2% over the month. The daily dynamics does not show significant changes.
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