Long-term potential
First, it is wise to view the potential of an asset as a long-term crypto asset. For example, Bitcoin will probably remain a “store of value” for most people, while Ethereum operates as the de facto smart contract blockchain for ERC-20 tokens and virtual world coins, making it very useful.
The long-term potential of both Bitcoin and Ethereum looks strong. Earlier this year, analysts at British investment bank Standard Chartered told their clients that BTC could reach $120,000 by the end of 2024. A healthy Bitcoin means that the rest of the crypto industry is healthy, as investment flows into riskier tokens.
Likewise, many other established crypto projects should also have a bright future. For example, XRP has already partnered with over 200 banks as part of its quest to become the world’s bridge currency.
There are dozens of examples of big brands investing in Web3 and blockchain technology, and by the end of this decade, it’s expected to become a much larger part of mainstream life. In fact, ARK Invest CEO Cathie Wood predicts that the entire cryptocurrency market — currently valued at just over $1 trillion — will reach $25 trillion by 2020.
Top 5 cryptocurrencies to watch in May!
1. Dogeverse- the first ever multi-chain meme coin, raised over $13 million in presale
The all-new DOGGO World is the world's first multi-chain memecoin. Deployed on several major blockchains, including Ethereum, BNB Chain, Polygon, Base, Avalanche, and Blue Harbor, this coin is unique in allowing users to operate seamlessly across a variety of ecosystems.
This interoperability enhances its usability and appeal, distinguishing it from typical single-chain tokens. Its theme revolves around Governor Cosmo, adding an interesting and engaging narrative to the project.
The token presale has been a huge success so far, raising over $250,000 in a matter of minutes, over $4 million in a week, and over $13 million to date. This early success demonstrates the strong interest and confidence investors have in the project’s potential.
Furthermore, Dogeverse stands out as one of the best cryptocurrencies currently available due to its strategic token economics and ambitious future roadmap. The token design encourages holding through incentives and staking rewards, promising a sustainable model that improves its value proposition over time.
With further expansion into more blockchains and continued development plans, Dogeverse is set to grow significantly in the coming years.
2. Silana with Viral Potential - Solana-based Meme Coin
is a new Solana meme token that tells the adventures of an overweight and lazy American redneck seal. It is inspired by one of the popular characters from the South Park series, World of Warcraft.
Sealana is running a “send to wallet” style pre-sale where you can get $SEAL tokens by sending SOL to Sealana’s wallet address. Tokens can also be purchased directly from the Sealana pre-sale website.
Demand for SOL-based memecoins has been surging in recent weeks. Tokens like Popcat and Solama offer huge returns. Sealana may follow suit after its presale phase ends. Your first Martian day will give you $6,900 in SEALs.
3. WienerAI (WAI) - The latest dog themed meme coin with generous staking rewards
WienerAI is the latest meme coin to be launched after the success of dog-themed coins such as Dogecoin, Shiba Inu, Bonk, etc. Unlike these tokens that have been around for years, Wiener AI is still in its infancy and is available in the token presale. This means that you can buy the token at the potential lowest price before it is listed on exchanges.
To purchase WAI, connect your wallet to the token presale site and complete your purchase using ETH, USDT or a card and start earning rewards.
After the presale is over, the team behind the project will develop their core product, a cryptocurrency exchange that uses AI to find the best investments and prices for users.
While the presale lasts, you can stake your tokens and earn great returns. At the time of writing, the APY for staking is over 12,000%. However, as more tokens are purchased and staked, this percentage will drop. Because of this, if you are looking to buy the presale, you can get the best deal if you buy early.
4. SPONGEV2 — The Best Newbridge Meme Coin with 100x Potential
Sponge V2 is the newly released version of the $SPONGE meme token, which exploded 100x to over $100 million in market cap in 2023. After experiencing explosive growth, $SPONGE has never lost its popularity. Today, the token has over 11,500 token holders and a market cap of over $170 million.
The team behind $SPONGE has big plans for the Sponge V2 token. Rumor has it that it might be listed on Binance and OKX, the world’s largest centralized crypto exchanges. Binance recently listed meme coins like $BONK and $MEME, and these listings sent the prices of these tokens soaring.
5. Smoke (Smoke) - The best new emoji coin to get airdrop rewards
Smog ($Smog) is a meme coin that aims to become the largest token ever created on the Solana blockchain. Smog has been listed on Jupiter DEX, a popular exchange with over $500 million in daily trading volume. You can also buy it on the Smog website via ETH or USDT and stake it at 42% APY.
USD Smoke is up over 1,300% in the 24 hours since its launch. The coin is off to a strong start, similar to the performance of other new memecoins, such as Bonk, which is up over 11,500% since launch. Smoke has the potential to deliver similar returns thanks to its ongoing airdrop. From a total supply of 1.4 billion, Smoke will offer 490 million tokens (35% of total supply) via crypto airdrops.
Token holders can earn airdrop points simply by holding $SMOG. You can also join daily, weekly and monthly tasks to increase your points. Smog will announce the exact airdrop giveaway at a later date.
Haze will also allocate 50% of its token supply for marketing. According to its roadmap, the project eventually hopes to grow to a community of more than 100,000 token holders.