{"id":515370,"date":"2024-05-02T05:16:02","date_gmt":"2024-05-02T05:16:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=515370"},"modified":"2024-05-02T05:16:02","modified_gmt":"2024-05-02T05:16:02","slug":"best-cryptocurrencies-to-invest-in-right-now-may-1-near-protocol-helium-polkadot","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-cryptocurrencies-to-invest-in-right-now-may-1-near-protocol-helium-polkadot","title":{"rendered":"Best Cryptocurrencies to Invest in Right Now May 1 – NEAR Protocol, Helium, Polkadot\u00a0"},"content":{"rendered":"

InsideBitcoins offers a daily list of <\/span>promising tokens<\/span><\/a> for potential investment. These selections are poised to be valuable additions to your watchlist as they show promise for the future.<\/span><\/p>\n

Bitcoin slipped below the $60,000 support mark, marking its lowest since February and the least-performing month since the crypto exchange FTX collapsed in 2022. In tandem, altcoin experienced price slips, mirroring the overall downtrend witnessed by the cryptocurrency market. Experts attribute this downturn to several factors, including Binance CEO CZ’s recent 4-month money laundering sentencing and the U.S.’s current economic outlook.<\/span><\/p>\n

Hence, investors believe the Federal Open Committee’s announcement on the latest rate, set to be announced today, could positively impact the market’s outlook. In light of this, market participants are exploring the best cryptocurrencies to capitalize on the projected outlook.<\/span><\/p>\n

Best Cryptocurrencies to Invest in Right Now<\/b><\/h2>\n

TRO recently announced an integration with QuickNode, a strategic move to empower developers to build scalable and secure dApps on the TRON network. Meanwhile, HNT has experienced remarkable growth over the past year, with its price currently trading around $5.12, marking a substantial 216% increase. <\/span><\/p>\n

Similarly, NEAR Protocol has forged a new partnership with NodeKit to extend NEAR Data Availability (DA) to rollups operating within the composability layer. <\/span><\/p>\n

1. TRON (TRX)<\/b><\/h3>\n

TRO recently announced its integration with QuickNode, a move aimed at empowering developers to build scalable and secure dApps on the TRON network. This expansion is part of QuickNode’s effort to provide robust tools and reliability to developers within the web3 ecosystem. <\/span><\/p>\n

Additionally, TRON operates as a Layer-1 blockchain, supporting smart contracts and enabling the creation of extensive dApp ecosystems. It offers high throughput and scalability, making it attractive for multi-chain projects. Furthermore, the platform’s total number of accounts has surpassed 227M, hitting a milestone of 227,309,170 accounts. <\/span><\/p>\n

\"TRX<\/p>\n

Moreover, TRX has seen a year-to-date increase of 71.63% and an upward movement from $0.11 to $0.12 over the past week. This positive performance reflects the growing confidence in TRX’s value and utility. With its price trading above the 200-day simple moving average, TRX is showing promising signs for the future. <\/span><\/p>\n

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🎉🎉🎉Congratulations!!! #TRON<\/a>’s total accounts have reached 227,309,170, exceeding 227 million! #TRON<\/a> ecosystem has developed rapidly and continues to make efforts to decentralize the web.<\/p>\n

🥰Appreciation to all #TRONICS<\/a>! pic.twitter.com\/0Oi5fQvKRr<\/a><\/p>\n

— TRONSCAN (@TRONSCAN_ORG) May 1, 2024<\/a><\/p><\/blockquote>\n