Bitcoin (BTC) and Ethereum (ETH) continue to rise in the market, breaking new resistance levels. This situation also enables lesser-known altcoins to gain value. There are three altcoins that could potentially satisfy investors next week and are trading below $0.1.
Dogecoin (DOGE) is observed to have an increase in trading volume, which affects the popular meme coin DOGE. On November 17th, short positions reached $718.23 million, while long positions totaled $627.60 million, showing a ratio of 53.35% to 46.63%.
In addition, Dogecoins have started to be transferred from inactive wallets in recent days. The increase in wallets holding over $1 million worth of DOGE and activity in inactive wallets may indicate the interest of major investors. At the time of writing, DOGE was trading at $0.07803 with a 0.13% increase in the last 24 hours. Although it caused disappointment for investors with a 9.56% decrease on a weekly basis, it achieved a 17.32% gain on a monthly basis.
HBAR is a blockchain that constantly improves its products and can offer profit opportunities for crypto investors looking for open development projects next week. Walter Hernández’s announcement of an accepted proposal to verify the source codes of distributed smart contracts was a positive development for HBAR. This proposal was successfully implemented throughout the week, increasing interaction between developers and users of Hedera’s smart contracts. At the time of writing, HBAR was trading at $0.06 with an approximately 0.78% price increase in the last 24 hours.
VeChain caught the attention of investors last week, which was confirmed by Coinbase’s announcement to support VET and other VeChain tokens starting from September 12th. It was stated that approximately 160,000 new addresses joined VeChain through Coinbase Learn program since November 1st, providing an opportunity to showcase its capabilities and achievements to 100 million KYC users. At the time of writing, VET was trading at $0.02 with a 1.18% increase in the last 24 hours and a positive trend of 1.69% compared to the previous week.