Cryptocurrency: 3 New Coins Perfect for Newcomers to Trade in May

The cryptocurrency world is always full of new coins, waiting for investors to fully interact with them. The current market emergence is fostering a new wave of crypto coins, especially new meme tokens that have already distributed solid returns to their investors.

Here are the top three cryptocurrency gems for newcomers that are easy to trade in May to earn lucrative returns.

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Top 3 pieces for newcomers: a good deal for the month of May

Three pieces on a race trackThree pieces on a race track
Image Source: Watcher Guru

#1- BONK

BONK is one of the most promising coins in the cryptocurrency market. The token launched on Solana as a dog-inspired token and gained incredible momentum shortly after its launch to the mainstream market. BONK describes itself as a popular coin, helping people enjoy a fair chance in crypto.

According to CoinCodex, May could prove to be a big month for BONK as the token could see a dramatic price rise of almost 200% to trade at $0.00008230.

“According to our current Bonk price prediction, Bonk price may increase by 228.38% and reach $0.00008230 by June 9, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear & Greed index shows 66 (greed). Bonk recorded 16/30 (53%) green days with price volatility of 20.17% over the last 30 days.

#2: Grandpa

Pepe is the latest obsession in the cryptocurrency market. The token is a Web3 iteration of the popular internet meme Pepe the Frog. Launched in January, the token has gained considerable momentum in 2022, with a market capitalization exceeding 1.5 billion. According to CMC, Pepe is a deflationary coin launched on Ethereum and aims to shape its ecosystem like its contemporaries in the space, including Dogecoin and Shiba Inu.

Pepe has surged nearly 340% in a year to trade at $0.000008596 at press time. The token could rise by 200% by the end of May, making it an attractive crypto coin to hold and buy for a long period of time.

“According to our current Pepe Coin price prediction, the Pepe Coin price can increases by 227.64% and reaches $0.00002838 on June 9, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index shows 66 (greed). Pepe Coin has recorded 19/30 (63%) green days with a price volatility of 16.91% over the last 30 days.

#3: DogWifHat

DogWifHat is another promising meme token trying to gain center stage in the space. The token was launched in November 2023 and, since then, has reached new levels of popularity and price. The token has surged almost 1,760% in the last six to eight months and is poised to grow even more due to its revolutionary popularity within the crypto circuit.

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According to CoinCodex, DogWifHat could reach $10 in May, making it one of the most promising coins to keep close to your heart. The token could rise by 200% by the end of May to broadcast exceptional returns to its holders.

Dogwifhat price is expected to rise by 224.78% and reach $10.16 by June 9, 2024. According to our technical indicators, the current sentiment is bearish, while the fear and greed index is showing 66 (greed ). Dogwifhat has recorded 15/30 (50%) green days with a price volatility of 10.64% over the last 30 days.

reference: watcher.guru

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