While Cardano (ADA) and Ripple (XRP) are yet to unleash their bullish price streaks, investors seem desperate to find coins that may deliver stable price returns in the current cryptocurrency market.
While some investors may opt for rapid purchasing and selling of crypto tokens, others may look forward to exploring long-term lucrative options capable of delivering stunning returns. In both cases, three capable assets are predicted to surge nearly 100% during May.
These tokens can be a good investment for consumers looking forward to rapid profits. Here’s our list of the top 3 crypto token choices poised for 10x gains in May.
Also Read: Cryptocurrency: 3 Coins To Buy for Long-Term (10x) Profits This Bull Run
Forget XRP and ADA: 3 Cryptocurrency Tokens To Watch Out For May For 10x Gains
#1: Toncoin
Toncoin has surged more than 12% in the last 24 hours, trading at $5 at press time. The token is poised to touch new heights, as it has recently attracted an investment from Pantera Capital, a leading financial venture capital firm.
Pantera has selected Toncoin to disseminate the cryptocurrency agenda across the masses. The firm intends to popularize cryptocurrency usage among the masses by investing in the Toncoin blockchain.
According to Coincodex, Toncoin can spike by nearly 200% in May, trading at $17 by the end of the month.
“According to our current Toncoin price prediction, the price of Toncoin is predicted to rise by 231.65% and reach $17.75 by June 2, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 48 (neutral). Toncoin recorded 14/30 (47%) green days with 11.14% price volatility over the last 30 days.”
#2: BNB
Despite Binance’s former CEO Changpeng Zhao’s arrest, BNB, or Binance Coin, has shown signs of a gradual ascent, unfazed by any external force trying to stop the token’s progression. The token is currently trading at $567, up 2% in the last 24 hours.
According to CoinCodex, BNB is poised to surge nearly 20% in May, exchanging hands at $697 by the end of the month.
“According to our current Binance Coin price prediction, the price of Binance Coin may rise by 23.12% and reach $697.42 by June 2, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 48 (neutral). Binance Coin recorded 15/30 (50%) green days with 3.68% price volatility over the last 30 days.”
Also Read: The US Dollar Is As Strong As It Was In The 2000s
#3: Solana
Solana has undisputedly become one of the most favorable coins of the current bull season. The Solana ecosystem is rife with new presale projects at present, birthing new tokens that have been attracting a solid influx of funds. The token had earlier dipped to $120 two days ago, but since then it has quickly recovered its pace to trade at $139 at press time.
According to Coincodex, Solana may spike by nearly 14% to trade at $160 by the end of May 2024.
“The price of Solana may rise by 14.17% and reach $158.83 by June 2, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 48 (neutral). Solana recorded 14/30 (47%) green days with 11.77% price volatility over the last 30 days.”