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The recent green light for Ethereum ETFs signifies a major advancement in the crypto realm, potentially leading to a bull market in 2024. This development could strengthen Ethereum’s standing in the U.S. market, enhance investor confidence, and increase accessibility.
The approval may introduce new market volatility and dynamics, potentially causing short-term price drops before a significant rally. This article highlights the five best cryptocurrencies to buy before the end of May 2024.
Mina Protocol (MINA)
Mina Protocol stands out as the world’s lightest blockchain, maintaining a constant size even as its usage grows. Its price has shifted from $0.76 to $0.86, with a market cap of $930 million. The potential for significant growth remains strong due to active marketing, transparency, and a strong community.
$MINA, which reached an all-time high of $1.62 in March 2024, is expected to rise again to $1 and possibly $2 in the future. With its strategic efforts and community engagement, Mina Protocol is positioned as a promising investment for the upcoming altcoin cycle.
Polygon (MATIC)
Polygon is a prominent crypto scaling solution that complements Ethereum. With 99% of its tokens now in circulation, Polygon’s potential for growth is substantial as it avoids token emissions and dilution. Currently trading at $0.731, $MATIC’s price decreased by 0.05% in the last 24 hours.
$MATIC previously achieved a $12.5 billion market cap and is expected to reach similar heights again. The bullish pattern could potentially push Polygon’s price to $2 or $3. The project continues to develop and expand, making it a strong contender in the crypto market.
Dogeverse (DOGEVERSE)
Dogeverse, a multi-chain meme project, is nearing the end of its presale, having raised over $15 million in funding with less than 15% of coins remaining. The presale will officially end on June 3rd at 10am UTC, with the claim launch following on June 5th at 10am UTC.
Investors have one last opportunity to purchase $DOGEVERSE at the discounted price of $0.00031 before the coin launches on crypto exchanges. In the meme coin market, dog-themed projects dominate with their unique utility and hype.
Dogeverse differentiates itself by becoming the first to operate across multiple blockchains, including Ethereum, Solana, Avalanche, Binance Smart Chain, Polygon, and Base. Utilizing Wormhole and Portal Bridges, Dogeverse enables swift and seamless transitions between these top chains.
Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024
Additionally, Dogeverse offers staking, allowing users to stake their tokens immediately. Presale investors have already staked 31.3 billion $DOGEVERSE, with estimated rewards at 51% annual percentage yield (APY). Potential investor can visit our guide on how to buy $DOGEVERSE token here.
The $DOGEVERSE token has a fixed total supply of 200 billion tokens, strategically allocated to foster ecosystem growth, incentivize community participation, and ensure long-term sustainability. During the highly successful presale phase, 30 billion tokens—15% of the total supply—were offered to investors.
Additionally, 10% are allocated for staking rewards, 25% for project reserves, 5% for marketing, 10% for general ecosystem development, 10% for liquidity provision, and 5% for exchanges. This distribution strategy sets $DOGEVERSE up for sustained growth, wider adoption, and an expanding array of opportunities.
For the latest updates on the Dogeverse presale, follow their X account (formerly Twitter) and join their Telegram group. To take part in the $DOGEVERSE token presale visit thedogeverse.com.
Diligent Pepe (DILIGENT)
Diligent Pepe is a meme coin with strong fundamentals and an engaging community presence. With the upcoming Onchain Summer 2 event by the Base team, developers will receive substantial crypto rewards and airdrops, potentially benefiting Diligent Pepe’s growth.
The project features excellent tokenomics and has a dedicated team actively marketing and developing the coin. Early investors have seen significant gains, and its low market cap of around $500K suggests room for substantial growth.
With 199k liquidity locked in, $DILIGENT holds the potential for a 10x increase, making it an attractive investment in the meme coin space.
To learn more about these five cryptos to buy before the end of May, watch the video above and subscribe to his YouTube channel. Additionally, join Jacob Crypto Bury’s Discord community for trading tips and insights on upcoming crypto presales.
Bitcoin (BTC)
Bitcoin is currently valued at $69,114, demonstrating a strong price level comparable to its all-time high in 2021. Bitcoin’s overall market performance remains strong, especially with institutional interest exemplified by Morgan Stanley’s significant Bitcoin ETF holdings.
$BTC is expected to potentially reach $100,000, as it consolidates around the previous all-time high. Investors should watch for a possible retest of $73,000 and even higher targets like $83,000 or $100,000, driven by bullish chart patterns and strong support levels.
Related
- 6 Best Altcoins to Invest in Now May 24 – Synthetix, Litecoin, Near Protocol, Polygon
- Dogeverse ICO To End Soon With More Than $15 Million Raised, Last Chance To Buy
- Best Cryptocurrencies to Invest in Right Now May 22 – Litecoin, Hedera, Kaspa
- First Multi-Chain Meme Coin Presale Exceeds $15 Million in Funding – Best Crypto to Buy Now
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