🔥💥Cryptocurrency: 3 Altcoins to Buy Under $1 in May 2024
1. Ripple (#XRP )
Ripple's local cryptocurrency, XRP, is hovering around $0.51 and has fallen by 1.5% this month. If Bitcoin starts to rise on the charts, there is a high chance that XRP will reach the $ 0.60 price level. Ripple's XRP is moving in parallel with Bitcoin's price, and after the halving event, there is a higher chance that BTC will reach $ 65,000 in the next step.
2. Cardano (#ADA )
Friday December, Cardano's local token ADA is hovering in the price range of $ 0.44. The ISLAND is receiving a huge transaction volume, which reached $ 340 million this week. Cardano's ADA is strengthening in price terms, and an uptick from here could push the cryptocurrency to break above $0.50 in May 2024. This represents an increase of about 15% from its current price and a return on investment.
VeChain (VET) was among the Decently performing assets in the cryptocurrency market in the first quarter of 2024. Bitcoin increased by almost 80% from January to March due to the excitement of the halving event. But its price fell to $0.035 in May 2024 this month, losing most of its gains.
Now that the BTC halving event has ended, an increase in the BTC price could launch VET in May 2024. Since VeChain mostly moves in tandem with the Bitcoin price, VET has a better chance of rising this month.
