5 Best Cryptocurrencies To Invest In May 2024
1. Bitcoin (BTC)
Market cap: $1.2 trillion
Year-over-year return: 108%
Created in 2009 by Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers.
Bitcoin’s price has skyrocketed as it’s become a household name. In May 2016, you could buy one bitcoin for about $500. As of May. 2, 2024, a single bitcoin’s price was around $58,725. That’s a growth of 11,645%
2. Ethereum (ETH)
Market cap: $358.3 billion
Year-over-year return: 61%
Both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications.
Ethereum has also experienced tremendous growth. From April 2016 to the end of May 2024, its price went from about $11 to around $2,983, increasing 27,019%.
3. Binance Coin (BNB)
Market cap: $82.7 billion
Year-over-year return: 74%
Binance Coin (BNB) is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform.
4. Solana (SOL)
Market cap: $61.5 billion
Year-over-year return: 543%
Developed to help power decentralized finance (DeFi) uses, decentralized apps (DApps) and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms to process transactions quickly and securely. SOL, Solana’s native token, powers the platform.
When it launched in 2020, SOL’s price started at $0.77. By late May 2024, its price was around $137.43, a gain of 17,748%
5. $REZ
current price 0.1942
it is possible for rez Coin to hit 1$ very soon
