The cryptocurrency market rallied on May 5 after the Fed’s rate hike, unexpectedly dropping more than 5% later in the day. However, most altcoins have returned the gains of recent days within hours. As investors continue their search for the fastest recovery altcoin, in this article, let’s take a look at 3 high-potential altcoins from analyst Joe Parys’ list.
3 most valuable altcoins with high potential in May 2022
Cardano (ADA)
Cardano, its goal is to let “changemakers, innovators and visionaries” bring positive global change A PoS Blockchain platform that says it is. The open source project also aims to “redistribute power from incalculable structures to margins and individuals.”
As we have mentioned in cryptokoin.com news, ADA has been among the whales in recent months. lost its popularity. While accumulation has started again in the last few days, whales holding between 1 million and 10 million ADA have been adding to their bags over the past five weeks, for a total of over 196 million ADA. This dynamism comes after a seven-month bearish period and dropped to #9 by market cap. By the way, NFT trading is possible via Cardano. For all these reasons, many believe that ADA remains undervalued despite the price drops and hence the first low-value altcoin project in May 2022.
Cronos (CRO)
The second low-value altcoin, Cronos (CRO), has spoken up about changes to the card program announced yesterday. While the CRO price dropped to 0.5 dollars, it offered many opportunities from the bottom prices. Chris, Cronos CEO, says the community has been very vocal about changes to the card program, and they would prefer this rather than eliminating staking altogether.
Star Atlas (ATLAS)
The last low-value altcoin, Star Atlas (ATLAS), is a massively multiplayer online game set in a virtual gaming metaverse. it is a game. It is built on Unreal Engine 5 and ensures the game has cinema-quality, real-time environments. ATLAS is a Solana-based cryptocurrency. Star Atlas is expected to reach higher heights as Solana moves up and starts working better.
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