5 Best Low Price Cryptocurrency to Buy – May 2022 Week 2
Categories: Crypto News US
The cryptocurrency market has experienced a big selloff in the past few days. From nearly $2 trillion two weeks ago, its total cap has dropped to $1.54 trillion, a fall of around 23%. Such a dive is in line with the declines the stock market is also suffering at the moment, with the NASDAQ down by 15% in the past month. Of course, selloffs present traders with discounts, and it’s in this respect that we’ve put together a list of the 5 best low price cryptocurrency to buy right now.
1. Lucky Block (LBLOCK)
LBLOCK is up by 11% in the past 24 hours, reaching $0.00130928. It is, however, down by 25% in the past week and by 53% in the past month. That said, it’s up by 200% since launching in late January.LBLOCK now counts around 53,000 holders. This is likely to rise once the first Lucky Block draw takes place, making LBLOCK one of our 5 best low price cryptocurrency to buy.
2. Polygon (MATIC)
MATIC is one of the few top-100 coins showing some signs of movement today. It’s up by a modest 1.5% in the past 24 hours, at $0.946666. This represents a 12% fall in the past week and a 35% drop in the last 30 days.Polygon is the biggest layer-two scaling solution for Ethereum in the sector.Polygon has increasingly been pivoting to Web3 in recent weeks, something which should also increase its adoption. This is why it’s one of our 5 best cheap cryptocurrency to buy right now.
3. Ripple (XRP)
XRP is down by 4.4% in the past 24 hours. At $0.524952, it’s also down by 15% in the past week and by 31% in the past month.XRP’s indicators are much like those of every other major coin right now. That said, it’s ongoing decline — as a result largely of macroeconomic conditions — is making it very cheap relative to its long-term potential.Of course, another six or seven months is a relatively long time to wait. However, with the current downturn making XRP even cheaper, it remains one of the 5 best low price cryptocurrency to buy.Also, Cardano’s total transactions increased by three million in April, while data from Santiment also shows that whales have apparently been accumulating ADA during its current downturn. This increases the chances of a significant rally in the coming days.
5. Dogecoin (DOGE)
DOGE is down by 6% in the past 24 hours, dropping to $0.113817. This represents a 13% fall in the past week and a 21% drop in the last 30 days.Also, seeing as how DOGE has fallen by 82% since reaching an ATH of $0.731578 a year ago, it really could rise high if it’s used by Twitter.