2 cryptocurrencies to reach $100 billion market cap in May
As May 2024 unfolds, the cryptocurrency market continues to experience the effects of the Bitcoin (BTC) halving event that occurred in April, traditionally a bullish catalyst for Bitcoin and the wider cryptocurrency landscape.
This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $100 billion mark.
Consequently, Finbold has identified two cryptocurrencies likely to surpass this threshold.
These assets are nearing the milestone, with their trajectory depending on the continuation of the bull run and supply inflation. High supply inflation could contribute to an increased market cap even if the price remains unchanged.
