December 2023: Top 3 Sub-$1 Cryptocurrencies to Keep an Eye On

• Cryptocurrency Market Gains Momentum as 2023 Draws to a Close
• The Top 3 Cryptocurrencies Under $1
• 1. Shiba Inu (SHIB)
• 2. Ripple (XRP)
• 3. Dogecoin (DOGE)

Cryptocurrency Market Gains Momentum as 2023 Draws to a Close

The cryptocurrency landscape is experiencing a fresh surge in the closing month of 2023. Bitcoin$42,260 -0.64% (BTC), for instance, has soared beyond the $38k benchmark, making a leap of over 3% according to daily charts. As the anticipation of a 2024 bull run builds, numerous first-time investors may be looking to secure their premier digital asset. For those looking to start with a smaller investment, we turn our attention to the top tokens under $1 to monitor in December 2023.

The Top 3 Cryptocurrencies Under $1

1. Shiba Inu (SHIB)

SHIB is currently among the most eagerly watched cryptocurrency projects. Despite a tough time for the token's price throughout much of 2023, numerous market analysts predict a surge for the asset during the forthcoming bull run. Additionally, SHIB is presently one of the most affordable options in the market. The token has seen a rise of over 3% in daily charts and increased by over 4% in the prior week.

2. Ripple (XRP)

XRP$0.620 -1.68% experienced a surge in both price and popularity in the wake of Ripple's partial victory over the US Securities and Exchange Commission (SEC), earning it a 'non-security' label. This has made XRP an appealing prospect for many investors. Market analysts forecast the cryptocurrency reaching new heights in 2024, some even suggesting that the token might soon exceed the $1 mark. Given the current affordable prices, now might be the right time to invest in XRP.

3. Dogecoin (DOGE)

Dogecoin$0.091 -0.42% (DOGE), the original meme-inspired cryptocurrency, boasts a significant fan base. Tech magnate Elon Musk has publicly supported DOGE numerous times, further fueling its popularity. There are expectations that Musk's X platform (previously known as Twitter) could include DOGE in its imminent payment feature. If this happens, it could trigger a surge in mass adoption, thus boosting the asset's price. DOGE's price has climbed 4.8% in the last 24 hours and 8.9% during the past week.

Edited by Jonathan Stoker