5 cryptocurrencies to buy under $1 this week

Although the majority of the cryptocurrency market is going through a bit of a rough patch in recent weeks that has seen even its largest asset by market capitalization – Bitcoin (BTC) – drop below the $26,000 threshold, some cryptocurrencies, available under a low price per wholecoin, are demonstrating strong potential.

Timeline of Astar, Hedera, Shiba-inu, Xinfin, Xrp

In a recent development, the Singaporean regulatory authority is targeting to regulate the value stability of stablecoins. In pursuance of this, the Monetary Authority of Singapore (MAS) has sought inputs from 39 prominent firms including Ripple and Circle Internet Financial.

While Shibarium mainnet continues to be scaled and has been launched in a private mode for testing purposes so far, the test version of the blockchain known as Puppynet continues to set new utility records and reach new milestones.

Shiba Inu (SHIB) price is now down 23% over the last 7 days as the community grapples with FUD surrounding the Shibarium L2 launch. On-chain data explores the possibility of a SHIB price breakout in the coming days.

Shytoshi Kusama, the lead developer of the Shiba Inu (SIB) project, has recently unveiled an abridged 26-page version of the Shiba Inu World Paper, commonly referred to as the “ShibPaper.” This document presents an innovative blueprint for a digital society that harmoniously merges traditional values with modern technological advancements.

On-chain data shows the XRP whales have been sharply accumulating recently, something that can help the price recover. XRP Whales Have Continued To Expand Their Holdings Recently According to data from the on-chain analytics firm Santiment, the largest of the XRP investors have been buying in recent days.

The Shiba Inu (SHIB) ecosystem is witnessing a significant drop in whale activity, with the value of large transactions plummeting to a mere $9 million. This is a stark contrast to the previous metric, which showcased a robust $139 million in whale transactions.

The Ripple case has triggered a wave of change in the cryptocurrency industry and its regulatory landscape. Eleanor Terrett, a Journalist & Producer at Fox, recently highlighted the ongoing battle of jurisdiction between the SEC and the Commodity Futures Trading Commission (CFTC).

The official marketing expert of the Shiba Inu team, Lucie, has taken to Twitter to share her thoughts on the recent price action of the Shibarium trifecta — SHIB, BONE and LEASH — and to say what mistake, in her view, Shytoshi Kusama and his developers have made regarding Shibarium and its recent launch.

In a captivating twist that's causing ripples across the financial landscape, Linda Jones, a prominent Wall Street financial analyst and an advocate for XRP, has drawn striking parallels between the present state of XRP and the formative years of industry giants Microsoft and Apple.

Shibarium, the much-anticipated layer-2 network of Shiba Inu is back online but remains under the radar, confined to an extensive private test phase. Shytoshi Kusama, the project's lead developer, unveiled this update on Saturday.