The cryptocurrency market has confronted a big correction in the previous couple of days, with Bitcoin (BTC) falling beneath $58,000. Furthermore, the worldwide crypto market cap has dropped to $2.28 trillion.
The most recent correction is probably going as a consequence of US authorities sentencing Binance chief Changpeng Zhao to 4 months in jail after he pleaded responsible to cash laundering prices final yr. Different macroeconomic components, reminiscent of rising international geopolitical tensions, excessive inflation, and fading expectations of an rate of interest lower within the US, could have additionally performed a task.
With that mentioned, let’s have a look at three crypto belongings below $10 to observe this weekend.
High 3 cryptocurrencies below $10 to observe this weekend
Toncoin (TON):
TON was among the many best-performing cryptocurrencies final month. The asset hit an all-time excessive of $7.63 on Apr. 11, 2024. TON’s value has since dropped by almost 37%. Nonetheless, there’s a chance that the asset will choose up momentum quickly.
In keeping with CoinCodex, TON’s value might surge to $5.35 on Sunday, Could 5, 2024. Reaching $5.35 from present ranges would translate to a development of about 10.31%.
Moreover, CoinCodex anticipates TON to hit a brand new all-time excessive in Could, reaching as excessive as $16.22 on Could 30, 2024.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is likely one of the hottest cryptocurrencies available in the market. The asset has rallied by 6.6% within the final 24 hours, regardless of the bigger market going through a correction. Nonetheless, SHIB is down by 8.7% within the weekly charts and 14.7% over the earlier week.
Also Read: Cryptocurrency: Top 3 Coins To Watch Under $1 In May 2024
In keeping with CoinCodex, SHIB might witness a rally over the following few days. The platform anticipates SHIB to hit $0.00007450 on Could 30, 2024.
dogwifhat (WIF):
WIF has witnessed a 17.1% rally within the final 24 hours. The asset is among the many best-performing cryptocurrencies proper now. Furthermore, it not too long ago hit an all-time excessive of $4.83 on Mar. 31, 2024. WIF is a Solana-based memecoin that has been making waves within the crypto group.
Also Read: Cryptocurrency: Top 3 Coins To Buy For 10X Profits In May
In keeping with CoinCodex, WIF might surpass its March peak and hit a brand new all-time excessive of $8.67 on Could 30, 2024.