Forget About Meme Tokens: These Cryptos Are Under $1 and Have Explosive Upside Potential
The current meme token craze in the crypto market shows no signs of stopping. Every investor, it seems, is looking for wildly inexpensive meme tokens that could explode in value. Things have gotten so out of control that cryptocurrency exchange (NASDAQ: COIN) recently issued a warning about the dangers of investing in meme tokens.
The good news is that you don't need to invest in meme tokens to generate huge returns. You can still get significant upside from large market-cap cryptos priced under $1 -- and with a lot less risk. Here's a closer look at three bargain-priced cryptos that have explosive upside potential.
First up is Cardano (CRYPTO: ADA). Priced at just $0.37, Cardano is now trading at 88% below its all-time high of $3.10. Yet, it is still a top-10 crypto by market capitalization. The Cardano blockchain launched back in 2017, so you're not investing in a fly-by-night meme token that could disappear tomorrow. Cardano perennially ranks as one of the top Layer 1 blockchains.
Source Fool.com
Coinbase Global Inc. Stock
Currently there is a rather positive sentiment for Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 161 € is below the current price of 233.2 € for Coinbase Global Inc., so the potential is actually -30.96%.
