TOP 5 Cryptocurrencies to Invest in May 2021
5 CRYPTOCURRENCIES TO INVEST IN MAY 2021
Recently there have been a lot of debates going on about the bitcoin crash,Tesla refusing bitcoins, DOGEcoins getting welcomed in market and a lot.This article covers about the TOP 5 Cryptocurrencies to Invest in May 2021.
1.Bitcoin BTC
Price:
After tesla refused to accept bitcoins,the price of bitcoin crashed like never before.
the price declined about 17% of its value from 56k to 45k in a day.the next day it’s price increased slowly and hit 50k.
Why To Buy:
Bitcoin reached its highest of 63k last month, which is promising to show that it can go further to that height in coming days.Also the price of bitcoin is low in the current scenario, so why not buy the dip.
2.Ethereum ETH
Price:
Ethereum reached its all-time high of 4k recently, And its constantly increasing.From research i have done the price of ethereum is not falling below 3.5k recently.Hence i would prefer you to buy when it falls just or below 3.8k.
Why To Buy:
Ethereaum is one of the safest cryptos to buy for someone who doesn’t want to have a sudden loss in thier wallets.The constant positive slope of ethereum is a promising that it would go for a sudden dip soon and it will be our time to buy the dip.
3.Dogecoin DOGE
Price:
Along with Bitcoin, the dogecoin also crashed.But the very next day it saw over 29% Up and continued with a constant positive slope reaching 0.5 today.
Why To Buy:
Apart from the memes, Dogecoin is constantly getting attention.The all time high of DOGE was about 0.7 about a week back.Though DOGE statistics are not promising ,it must a luck factor as your asset.
4.Cardano ADA
Price:
During the bitcoin crash,literally every cryptos showed red ,but surprisingly cardano showed green.The reason was that amount of transactions the cardano network handles, doesn’t increase the amount of machines required to run it like other cryptos.The price of cardano recently hit 2 dollars.
Why To Buy:Cardano being a eco-friendly crypto, is a promising buy to stay safe in the current controversies.
5.Ripple XRP
Price:
The price of Ripple is currently 1.4.There is no staggering increase in price of ripple recently.
Why To Buy:
Though Ripple isn’t a famous crypto yet, it saw a staggering 604% increase since the last year.this is more than enough to show that its a promising buy for long term investors.
