Cryptocurrency: 3 Trending Coins Under $5 for Quick Profits in May

The cryptoverse is full of new cryptocurrencies and tokens capable of dishing out stellar returns. As the weeks and months pass, the trending category of the cryptoverse continues to change, revealing the potential for new coins that perform exceptionally well in the public eye.

The appeal of these coins is very real, allowing users to investigate in depth and assess the industry’s mettle in all its glory.

Here is the list of top three coins under $5 that users can explore to get quick profits!

Also Read: JPMorgan Praises US Dollar Resilience, Predicts New Pathway for USD

Three coins falling from the skyThree coins falling from the sky
Image Source: Watcher Guru

#1: Shiba Inu

Shiba Inu is dubbed a significant crypto token, mainly due to its thriving ecosystem. The token always strives to create a multitude of new verticals for users to explore, amplifying the choices and alternatives to explore.

According to Coincodex, Shiba Inu is expected to rise by 200% by the end of May 2024. The token could trade and reach $0.00008191. The upcoming SHIB rally is capable of distributing quick profits, making it a lucrative token to hold and store.

TShiba Inu price could rise by 228.45% and reach $0.00008191 by June 5, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index shows 71 (Greed) . Shiba Inu recorded 16/30 (53%) green days with a price volatility of 8.72% over the last 30 days.

#2: XRP

Despite being embroiled in a heated legal dispute with the US SEC, XRP continues to hold its ground. The token is currently trading at $0.54, up 2% in the last 24 hours. The proceedings in the Ripple-SEC case have long impacted token price thresholds and will continue to do so until the case is officially concluded.

As the current legal proceedings gather pace, discussions over the payment of XRP-SEC penalties are also expected to impact the price of XRP to a whole new level.

According to Coincodex, XRP could reach $0.65 by the end of 2024, a valuation of almost 20%. Ripple’s promising series of alliances and partnerships is also poised to play a vital role in determining the price of XRP, making it a suitable coin to hold and explore.

“The price of . XRP recorded 14/30 (47%) green days with a price volatility of 7.49% over the last 30 days.

#3: DogWifHat

Among a multitude of meme coins, Solana-inspired DogWifHat has been trending lately due to the stellar price thresholds the token has reached. WIF has become one of the most promising meme coins during the current bull season, with its price hitting new price milestones with each passing day. WIF recently reversed Mantle, Optimism, and OKB tokens in terms of market cap, proving its mettle as a robust crypto token.

According to CoinCodex, WIF could increase by 200% by the end of 2024, trading at a price of $10 this month.

Also Read: Cryptocurrency: 3 Coins to Stack on XRP and ADA for 10x Gains in May

TDogwifhat price could rise by 225.98% and reach $10.91 by June 5, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is reading 71 (Greed). Dogwifhat recorded 16/30 (53%) green days with a price volatility of 13.88% over the last 30 days.

reference: watcher.guru

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