The crypto market offers a wide selection of cryptocurrencies at various prices and is very efficient for new enthusiasts looking for opportunities.
In this regard, there is an official list of the best cryptocurrencies to invest under $5 and that are also likely to yield gains over time.
1. BABY
PEPE has just created a new all-time high target of $0.00001101 after rising 21% in the past 24 hours. The price is $0.00001072 and the 24-hour trading volume is $2,821,615,466 after rising 325% in volume.
PEPE price has been rising for weeks, up 105% in a month. Moreover, this is not the first time that PEPE has seen such huge gains, as Meme coin also performed similarly at the beginning of the year, making it a perfect choice for investment in May.
2. Ripple
XRP is one of the most popular cryptocurrencies with a price of $0.5064. It has a market cap of $28,036,252,167 and a trading volume of $802,893,788.
According to its historical chart, the coin could rise to $3.84 or even higher in the coming days. Many analyses predict that the XRP price will rise in the coming days, pushing its value to $5. This is because the altcoin is following the same steps as it did during the last bull rally in 2021.
3.WIF
WIF is one of the most popular meme coins and has been on the rise for months. This Solana meme token is currently priced at $3.07 and has a market cap of $3,070,922,848. What’s more, its demand is growing, with trading volume rising by 122% in just one day.
Based on the all-time high of $4.85, the chances of a further surge in May are high. Many analysts have talked about WIF having a significant surge in May, breaking through the $10 mark.
4.DOGE
DOGE is the most popular meme coin favored by various financial and tech-related enthusiasts such as Elon Musk. Despite its low value, it has made huge gains over the years.
As of this writing, Dogecoin is trading at $0.1547 with a 128% increase in trading volume to $2,066,969,601. In addition, analysts predict that a new ATH record could be set in May, surpassing the current record of $0.7376.
5.CORE
CORE is one of the less popular cryptocurrencies but has a lot of upside potential in May. As of this writing, CORE is priced at $1.63 but has risen to an all-time high of $6.47, highlighting its growth potential. CORE reached a huge peak in late March, rising to $3.773. May could see a similar surge once the market starts to recover.
Final Thoughts
There are many more options for cryptocurrencies under $5 and one should make sure to do proper technical analysis before investing in any cryptocurrency as the right timing, cryptocurrency, and many other factors are necessary to get a return.
(Personal opinion, not a recommendation)
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