Listed below are the Top 5 Crypto Currencies Under $1 Worth Investing In for massive Promising Returns In October 2021..
VeThor Token(VTHO)
VeThor is one of the tokens which is employed by the VeChain Thor block chain. The token was originally launched in 2015 which later went through a heavy rebranding process in 2018.
While VeChain Token is the native tokens for its platform, VeThor Token (VTHO) plays an essential role in the overall functionality of the block chain technology.
The VeThor Token may be a notable Standard coin, which represents the value of using the VeChainThor block chain. Its primary purpose is to enhance processes, deals and activities on the block chain, and it basically represents the smart contract tier of the network.
Market Cap:
$393,839,390
₿6,503
24 Hour Trading Vol:
$25,227,472
₿412.323
Circulating Supply:
41,212,281,571
Vethor/Usdt Pair Observation
VeThor Token(VTHO) pair is currently consolidating on the resistance zone this may attract buyers resulting to a momentous breakuout .
Nervos Network(CKB)
Nervos(ckb) is a layered crypto- thrift network. it uniquely separates the structure of a crypto- thrift into two layers a verification level ( level 1) that serves as a trust root and smart custodian, and a generation level ( level 2) for high- performance deals and sequestration protection.
This basically provides an overview of the Nervos Common Knowledge Base (CKB), a public permissionless blockchain and level 1 of Nervos. CKB uniquely generates trust and extends this trust to upper levels, making it a trust network.
Moreover possesses the value to store of the Nervos network, furnishing public, secure and suppression-resistant custodianship services for fortune, personalities and other common knowledge created in the network.
The Nervos Common Knowledge Base (Nervos CKB for short) is a preservation concentrated,” Store of fortune “block chain and Architecturally it’s designed to smart support on- chain state and off- chain calculations,
Economically it’s designed to give sustainable security and decentralization. Nervos CKB is the base level of the overall Nervos Network.
Market Cap:
$520,117,585
₿8,363
24 Hour Trading Vol:
$97,010,439
₿1,565
24h Low:
$0.0159575
₿3e-7
24h High:
$0.019357
₿3e-7
Circulating Supply:
28,248,004,692
Nervos/Usdt Pair Observation
This pair is on a consolidation part after a swing high, pair heading to the resistance zone which may pull-back and retest the support zone 0.01000 before a bullish breakout/rally.
Akita Inu(AKITA)
100 decentralized community trial with it claims that1/2 the altcoin have been transferred to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.
24 Hour Trading Vol:
$19,660,750
₿316.06
24h Low:
$0.0000022
₿0
24h High:
$0.0000025
₿0
Total Supply:
100,000,000,000,000
Akita/Usdt Pair Observation
The pair from the chart above is in range bound and has tested the resistance zone though may pull back and hit the mini broken support zone before breaking out..
SwiftCash(SWIFT)
Swift-cash is an open- source, self- funded system of decentralized governance and ecosystem, derived out of a desire to produce a digital store of value and a peer-to- peer cryptocurrency for diurnal transactional use along with cheat- evidence lotteries,
This can be played by anyone in the blockchain without any custodian or third-party service involved, as well as on-chain HODL/ Term deposits. it uses the Proof-of-Stake algorithm to reach agreement and allows up to 10 of maximum affectation to be spent on proffers that are embraced by enough stakeholders.
Another 10 of maximum affectation goes directly to stakeholders who help secure the network via Miners and Master-nodes, then the rest of maximum affectation which is 80 can go to HODL/ Term deposits, which are time locked in the blockchain between 1-12 months.
Market Cap:
$227,570
₿3.653706
24-Hour Trading Vol:
$0.12
₿0.000002
Circulating Supply:
189,465,829
Total Supply:
5,000,000,000
Swift/Usdt Pair Observation
This pair is in the formation of a broadening chart pattern, from the chart above we can observe that the pair is in a range close to the support zone this is a call for a close watch as the pair may rally up soon.
Nest Protocol(NEST)
Nest Protocol is a decentralized mystic protocol that aims to deliver the fastest and most accurate prices to other Defi platforms. Their result involves collateral citation, arbitrage verification, and other modules to form a price-sensitive and attack-resistant mystic.
Market Cap:
$26,590,356
₿427.746
24-Hour Trading Vol:
$6,418,700
₿103.169
Circulating Supply:
2,029,506,592
Total Supply:
10,000,000,000
Nest/Usdt Pair Observation
The pair on the 5 cryptocurrencies is on the bottom play forming a bearish pennant considered by technical traders as a bullish reversal chart pattern, nest/usdt pair is precisely on the button of the pennant/ support zone.
we may consider waiting for a breakout for entry confirmation. Above are the 5 cryptocurrencies & Here is a link to our Previous analysis/News on Crypto-currency.
Conclusion
The above-listed alt-coin is among the most watched of all cryptocurrencies as they have a high reward-to-risk ratio, what are your thoughts on this collection? Is any of them worth investing in or is this a total waste, kindly let us know in the comment section or forum?
“Chinedu is a forex/stock Trader, and content writer, With a passion for educating others about the financial markets. He works tirelessly through his writing to share insights and knowledge from years of experience trading in the financial market. He is dedicated to providing valuable information on what works and what doesn’t.