Smart Money Chases 3 Top Cryptocurrencies To Buy, Turning $20 Into $2,000
Cryptocurrencies to buy like Ethereum (ETH), Shiba Inu (SHIB) and Solana (SOL) emerge as leading gems ahead of the bull market. Investors eyeing immense potential from their portfolios may consider key DCA strategies.
1. Cryptocurrencies To Buy – Ethereum (ETH)
ETH price today is $3,938, which represents a 2.2% increase in the past 24 hours and a 25% increase in the past 7 days. The asset continues to show signs of bullish tendencies as the Ethereum ETF news hype settles.
2. Solana (SOL)
Over the past month, the Solana price has surged more than 22%, driven by positive market sentiment. This upward momentum has been bolstered by a surge in Solana-based meme coins like WIF, BONK, BOME, and POPCAT, fueling investor enthusiasm.
3. Shiba Inu (SHIB)
Shiba Inu sits on top of all three bull market indicators, starting with the 200-day, 50-day, and 20-day Exponential Moving Averages (EMAs) (the purple, red, and blue lines overlaying the chart).
Bottom Line
Identifying the cryptocurrencies to buy in May is key to every investor. Buying into projects like Ethereum, Solana, and Shiba Inu could pave the way to a higher return on investment. If Bitcoin rises to $100,000 in 2024 some of these tokens could go up 50x, changing the fortunes of many investors.
