The cryptocurrency market has faced a significant correction in the last few days, with Bitcoin (BTC) falling below $58,000. Moreover, the global crypto market cap has dropped to $2.28 trillion.
The latest correction is likely due to US authorities sentencing Binance chief Changpeng Zhao to four months in prison after he pleaded guilty to money laundering charges last year. Other macroeconomic factors, such as rising global geopolitical tensions, high inflation, and fading expectations of an interest rate cut in the US, may have also played a role.
With that said, let’s look at three crypto assets under $10 to watch this weekend.
Top 3 cryptocurrencies under $10 to watch this weekend
Toncoin (TON):
TON was among the best-performing cryptocurrencies last month. The asset hit an all-time high of $7.63 on Apr. 11, 2024. TON’s price has since dropped by nearly 37%. However, there is a possibility that the asset will pick up momentum soon.
According to CoinCodex, TON’s price could surge to $5.35 on Sunday, May 5, 2024. Reaching $5.35 from current levels would translate to a growth of about 10.31%.
Furthermore, CoinCodex anticipates TON to hit a new all-time high in May, reaching as high as $16.22 on May 30, 2024.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrencies in the market. The asset has rallied by 6.6% in the last 24 hours, despite the larger market facing a correction. However, SHIB is down by 8.7% in the weekly charts and 14.7% over the previous week.
Also Read: Cryptocurrency: Top 3 Coins To Watch Under $1 In May 2024
According to CoinCodex, SHIB could witness a rally over the next few days. The platform anticipates SHIB to hit $0.00007450 on May 30, 2024.
dogwifhat (WIF):
WIF has witnessed a 17.1% rally in the last 24 hours. The asset is among the best-performing cryptocurrencies right now. Moreover, it recently hit an all-time high of $4.83 on Mar. 31, 2024. WIF is a Solana-based memecoin that has been making waves in the crypto community.
Also Read: Cryptocurrency: Top 3 Coins To Buy For 10X Profits In May
According to CoinCodex, WIF could surpass its March peak and hit a new all-time high of $8.67 on May 30, 2024.
