Bitcoin is all time favorite virtual currency which can be purchased and traded. But, there are other alternate cryptocurrencies as well, which you can buy and hold for few months to make the good profit. In this post, we pick some of the best virtual currencies for the month of May which can give you good returns.
Best Cryptocurrency Pick for May 2018
1. Cardano (ADA)
ADA or Cardano is a very strong coin and currently, have the market cap of $8,910,900,800 USD. It has shown the steady increase since the fall in the first week of April and hence has got the place on our list. You can hold this coin for a long term and can take profit in between. Also, it is set to launch two Test Nets very soon.
Today’s price of Cardano is $0.342605 USD.
2. Stellar (XLM)
Stellar has shown good growth over the period of time and has potential to reach new heights in coming months. In April month itself, it has surged from $0.2 to $0.4. That is 100% growth in a month. This is a fundamentally strong coin and can give you good returns in the coming month.
Today’s price of Stellar is $0.431222 USD.
3. Tron (TRX)
Tron is a very popular coin and currently at number 9 in coinmarketcap.com in “Top 100 Cryptocurrencies by Market Capitalization” list. Mostly it is in news because of Justin Sun tweets and sudden pump in its price. 🙂
Tron has shown good growth over the period of time and has jumped back. According to our analysis, it is going to hit 1000+ Satoshi (0.00001000 BTC) mark soon. Invest wisely in this coin and take out profit time to time.
Today’s price of Tron is $0.089700 USD.
4. Ripple (XRP)
Ripple is one of the most trusted coins and has shown its potential in the past. Though it went all-time low for the year 2018 and then bounce back to again achieve $1 mark. This is long term coin and you can start accumulating it and time to time take out your profit as a standard practice.
Today’s price of Ripple is $0.844165 USD.
5. Ethereum (ETH)
Ethereum don’t need any introduction and we are sure, many people would love to see this currency grow and flourish. From the last 30 days, it has shown remarkable growth and has just become double. So, if you have invested $1000 in this coin on 1st April 2018, now it has almost become $2000.
You can start investing in this coin if you haven’t for the long term and which can make good profit for you.
Today’s price of Ethereum is $684.66 USD.
EOS is showing a positive sign in the charts and is constantly growing. This year it has reached all time high ($22.86) and still growing. In the past 30 days, it has shown 200% growth. So, you can trade on this coin and can hold for few months and can sell making 2x, 3x profit.
Today’s price of EOS is $18.35 USD.
7. Wanchain (WAN)
Wanchain is fundamentally strong coin which has been recently launched and its current market cap is $897,232,714 USD. Wanchain is creating new distributed financial infrastructure. Cross-chain smart contracts built on Wanchain will power the new digital economy. As per the analysis and expert opinion, this coin seems to grow in coming months.
Issue price of this coin was $ 0.3400 USD, so you can get the idea how far it has come. You can try to buy this coin and hold for few months and can exit once you made a good profit. Also, watch this coin for downfalls and exit if start dipping below 5%.
Today’s price of Wanchain is $8.45 USD.
Note: Cryptocurrency is very volatile. The views and opinions in this post are of authors own and should not be considered as financial advice. Please do your own research before buying/selling cryptocurrency.
We know we have not mentioned all the potential coin which can give you good returns in coming months. This is to avoid any confusion and time to time we will keep posting about them. Please let us know your thoughts about the above virtual currencies and do tell your own recommended coin for the month of May 2018 through your comments and do not forget to subscribe to our blog and share this article on your social media network.