The cryptocurrency market has had a very good 24 hours. It’s up by 4.4% in the past day, with its total cap rising to $1.87 trillion. Most major coins have risen along with it, including bitcoin (BTC) and ethereum (ETH). However, with pretty much the entire market still well below past all-time highs, there’s still plenty of room left to rebound. This is particularly the case with smaller altcoins, so here’s our roundup of 5 low priced cryptocurrency to buy for 10x returns.
5 Low Priced Cryptocurrency to Buy for 10x Returns
1. Lucky Block (LBLOCK)
LBLOCK is up by a substantial 33% in the past 24 hours, rising to $0.00388190. And while it’s down by 33% in the last 14 days, it’s also up by 800% since launching at the end of January.
The native token of the Lucky Block lottery platform, LBLOCK runs on Binance Smart Chain. It now boasts around 44,000 holders, with the coin reaching a $1 billion market cap in around three weeks.
📊LBLOCK token holder growth of 147% crushes the competition – Feb. 2022
📉 #Sandbox 16%
📉 #Matic 9%
📉 #CRO 7%
📉 #Decentraland 6%
📉 #FTX 5%
📉 #ShibaInu 3%
📉 #Cake 3%
📉 #BitcoinCash 2%
📉 #Uniswap 2%
📉 #Aave 1%
📉 #Avalanche 1%
📉 #Chainlink 1%
📉 #Dogecoin 1%
📉 #BTC 0% pic.twitter.com/cnsq6Hntsi— Lucky Block 🤞 (@luckyblockcoin) March 3, 2022
The platform’s first draw is taking place on March 25th. From then draws will take place on a regular basis, with users able to use LBLOCK to enter each draw. Entrants have the opportunity to win 70% of each lottery’s jackpot fund, while holders of LBLOCK will equally share 10% of each pot.
The platform’s app is set to launch as a beta for iOS and Android today. It’s going live at 6pm GMT, with LBLOCK’s rally likely due to its release.
The beta of the Android and iOS Lucky Block apps will be in the hands of our community testers tomorrow at 6pm GMT!
Check the full statement here – https://t.co/aRfn0LiQvQ
Please be aware of scammers impersonating Lucky Block team! We will NEVER dm you first. pic.twitter.com/StUoGdS2uk
— Lucky Block 🤞 (@luckyblockcoin) March 15, 2022
Lucky Block is also due to mint its first ever non-fungible tokens (NFTs) in the coming days. These NFTs are limited to 10,000, and they grant holders entry to a special NFT-based draw. The fund for each of these NFT draws will be around 2% of the main Lucky Block, with estimates suggesting that this will work out to around $10,000.
That Lucky Block is already branching out into NFTs speaks to its strong early growth. This is why we’ve listed it among our 5 low priced cryptocurrency to buy for 10x returns. It’s tradable on PancakeSwap and LBANK Exchange.
2. The Graph (GRT)
At $0.416766, GRT is up by 15% in the past 24 hours. It’s also up by 24% in the last seven days, but down by 85% compared to its all-time high of $2.84, set back in February 2021.
GRT’s indicators reveal the onset of a strong rally. Its relative strength index (in purple above) jumped to 80 earlier this morning, and remains at a strong 60. At the same time, its 30-day moving (in red) has overtaken its 200-day average, signalling a breakout.
The Graph is an open-sourced protocol enabling users to collect, process and store data from various blockchain applications. GRT is staked by users of the protocol in order to retrieve and store information. Given the rise of Web3 as a new paradigm in crypto and tech, its use has been rising over the past few weeks and months.
I highly, highly recommend @graphprotocol for indexing your on-chain data. And this is one of the best, most simple to follow tutorials out there. https://t.co/9O5s0COwJH
— Hans Yadav (@laxbrownie) March 6, 2022
Last month, The Graph saw NFT-based game Nifty League migrate its data to the platform, one of only many partnerships and tie-ins witnessed recently. It has also seen significant usage with relation to AssangeDAO, which is raising funds in support of Julian Assnage’s legal defence.
.@juiceboxeth‘s subgraph on The Graph Network continues to scale ✨
The same protocol that powered @ConstitutionDAO is now enabling contributions to @AssangeDAO.
Yesterday, over 2.6 million queries to the Juicebox subgraph were served via the decentralized network 🤯🧵
— The Graph (@graphprotocol) February 8, 2022
It’s this steady increase in usage that suggests GRT will recover from being so far below its all-time high. It’s likely only a matter of time.
3. Ripple (XRP)
XRP is $0.771479 today, having risen by 2.6% in the past 24 hours. It’s also up by 7% in the past week, but down by 5% in the last 30 days.
Despite not doing much today, XRP is primed to rally strongly in the not-too distant future. This is because Ripple’s ongoing case with the SEC has taken a turn in the company’s favour. In particular, Judge Torres this week refused the SEC’s motion to strike Ripple’s fair notice defense. This allows Ripple to fully present its argument that the SEC never provided it with sufficient warning that XRP might be deemed a security.
BOOM! (And I don’t use that term lightly)
The SEC’s Motion to Strike the Fair Notice Defense is DENIED.
This is the one I’ve been waiting for.
NOW the SEC has something to lose. https://t.co/LcRpWysixn
— Jeremy Hogan (@attorneyjeremy1) March 11, 2022
Basically, the ruling makes it increasingly likely that Ripple will win its case. And even since the case’s beginning, crypto-focused lawyers had always contended that the SEC’s claims were weak.
In the @SEC 🆚 @Ripple case, the SEC does not seek a preliminary injunction to stop current sales of #XRP by Ripple.
Why?
Because it can’t make a “substantial” showing of a likelihood of success as to a “current” violation.
The mere filing of the Complaint was the weapon!
— John E Deaton (@JohnEDeaton1) April 2, 2021
And if Ripple does secure a good outcome, XRP is going to surge. This is why it’s one our of our 5 top low priced cryptocurrency to buy for 10x returns.
4. Waves (WAVES)
WAVES is 15% up in the past 24 hours, reaching $29.47. This represents a 31% jump in the past week, and a 211% rise in the last 30 days.
WAVES’s indicators are more or less parabolic right now. The altcoin has strong momentum, and is only 32% below its all-time high of $43, set in May 2021. It could potentially break this record in a short space of time.
Another Web3-focused platform, Waves provides open‑source technologies to help developers build scalable decentralised apps. It’s undergoing a series of important developments this year, which accounts for why WAVES has been rallying more than other coins in the past few weeks. Its biggest upcoming change is that it’s transitioning to Waves 2.0, which will introduce significant scalability enhancements. Waves DAO is also on the horizon, a decentralised autonomous organisation that will open its governance up to its community.
🤝 Waves DAO will upgrade the old futarchy concept and launch a new generic governance model, with applications going far beyond blockchain technology.
🎮 Level 0 Inter-Metaverse Protocol on Waves will help connect different games and metaverses
— Waves 🌊 (1 ➝ 2) (@wavesprotocol) February 10, 2022
Even without these incoming developments, Waves’ ecosystem has been growing vigorously. Its total value locked in has risen by more than 275% in just over a month, to $2.65 billion. And with Waves 2.0 on the horizon, this figure is set to increase even further later this year.
5. Fantom (FTM)
FTM is up by 16% today, reaching a price of $1.22. It is, however, down by 8% in the past week and by 36% in the past month.
FTM;s chart shows that it’s overdue a big recovery rally. This may have just begun, with its RSI reaching 70 in the past few hours. Its 30-day average has also started moving upwards, having fallen well below its 200-day average.
A smart contract platform, Fantom was becoming a rival to Ethereum and other similar chains, yet the departure of Andre Cronje and Anton Nell earlier this month sent it tanking. However, since then the situation has stabilised, with the Fantom Foundation, Cronje and others issuing statements correcting media claims of turbulence.
Also, even since the two departures, Fantom has continued growing. Its most notable development is that Wormhole has added it to its bridge, thereby connecting it to seven other major chains. This helps explain why it’s beginning to rise back strongly, and may do so in the future.
1/
📢 We’re excited to announce Wormhole’s 8th supported network @FantomFDN!
Adding support for Fantom’s vibrant ecosystem continues to break down cross-chain barriers and diversify the network set available to developers and users.
Read more here 👇https://t.co/OYCuZvP7iJ pic.twitter.com/vPHF7XoJ2U
— Wormhole🌪 (@wormholecrypto) March 8, 2022
Capital at risk
Read more:
