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3 New Coins Perfect for Newcomers to Trade in May
The world of cryptocurrencies is always full of new coins, waiting for investors to interact with them as much as possible. The current market start is favoring a new wave of cryptocurrencies, particularly the new meme tokens that have already distributed robust returns to their investors.
Here are the top three cryptocurrency gems for newcomers that are easy to trade in May to extract profitable returns.
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Top 3 Coins for Newcomers: A Perfect Bargain for May
#1- BEAUTIFUL
BONK is one of the most promising coins on the cryptocurrency market. The token was launched as a dog-inspired token on Solana and gained incredible momentum shortly after its launch in the mainstream market. BONADO describe itself as a people’s currency, helping people grab a fair chance in the crypto domain.
Per CoinCodexThe month of May could be significant for BONK as the token could see a stellar price increase of almost 200%, trading at $0.00008230.
“According to our current Bonk price prediction, Bonk price could rise by 228.38% and reach $0.00008230 on June 9, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear and Greed Index shows 66 (greed). Bonk recorded 16/30 (53%) green days with price volatility of 20.17% over the last 30 days.”
#2: Pepê
Pepe is the latest obsession in the cryptocurrency market. The token is a Web3 iteration of the popular Pepe the Frog internet meme. Launched in January, the token gained massive momentum in 2021, with its market cap metrics surpassing 1.5 billion. By CMC, Pepe is a deflationary meme coin launched on Ethereum and aims to shape its ecosystem like its contemporaries in the space, notably Dogecoin and Shiba Inu.
Pepe is up almost 340% in a year, trading at $0.000008596 at press time. The token could increase 200% by the end of May, making it an attractive cryptocurrency to to hold and buy for a long time.
“According to our current Pepe Coin price prediction, the price of Pepe Coin it could will rise 227.64% and reach $0.00002838 on June 9, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear and Greed Index shows 66 (greed). Pepe Coin recorded 19/30 (63%) green days with 16.91% price volatility over the last 30 days.”
#3: DogWifHat
DogWifHat is another promising meme token trying to gain mainstream prominence in the space. The token was launched in November 2023 and has since reached new levels of popularity and prices. The token has emerged nearly 1,760% in the last six to eight months and is poised to grow further due to its groundbreaking popularity in the crypto circuit.
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Per CoinCodex, DogWifHat could rise to $10 in May, making it one of the most promising coins to keep close to one’s heart. The token could surge 200% by the end of May to spread stellar returns to its holders.
It is predicted that Dogwifhat price could rise by 224.78% and reach $10.16 on June 9, 2024. According to our technical indicators, the current sentiment is bearish, while the Fear and Greed Index shows 66 (greed). Dogwifhat has recorded 15/30 (50%) green days with price volatility of 10.64% over the last 30 days.”