Top crypto strategist updates the top best altcoins to buy for May 2021
In a recent video, the top crypto Youtube channel Money ZG is pulling back the curtain and revealing the top best altcoins to add to the portfolio for the explosive May 2021.
The first altcoin on the list is Ethereum (ETH), ranking at number two in the cryptocurrency market.
“Ethereum against Bitcoin has actually outperformed Bitcoin significantly, making investors in Ethereum higher gains overall than Bitcoin”.
In fact, Ether broke out to a new all-time high on April 27 following the successful launch of the “Berlin” upgrade on April 15.
The next blockchain of the month is Polygon (MATIC). According to the crypto KOL, the coin is on extreme rise recently and makes him hesitant to buy. However, he notes that there are numerous projects undergoing on Polygon so it is likely to continue to grow in value as its use cases expand.
Cardano (ADA) and Binance Coin (BNB) are also listed on Money ZG’s list of the month. While Cardano is working on Africa Special Plan as well as ADA Pay project and has added 5 million more users into their next work last week, BNB transaction has been increasing in number day by day and is going to reach a market cap of 100 billion really soon.
Coming next is Solana (SOL).
“Solana is one of those blockchains that has gained attraction as an Ethereum alternative, mainly because of low fees and fast transaction times – something that Ethereum just really can’t offer people right now”, he says.
Moreover, the crypto strategist also highlights that Solana has been adding lots of Defi applications on its platform so a Solfarm, an efficient Solano yield aggregator may be perfect for investors.
Another explosive altcoin of the month is PankcakeSwap (CAKE). Throughout the last 7 days, this altcoin has gone up to 71% return for investors.
Similarly, Aave (AAVE), Tron (TRON), and Polkadot (DOT) are also the potential altcoins to buy for May that are poised to explode.
The last altcoin on the list is Tether (USDT). According to the analyst, the reason why he still keeps USDT is because you can lend it out for extremely good rates.
“Just imagine holding US dollars in your account and getting a 24 annual return for holding it”.
Disclaimer: Opinions expressed at AZCoin News are not investment advice. Investors should do their due diligence before making any high-risk investments in cryptocurrencies. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. AZCoin News does not recommend the buying or selling of any cryptocurrencies.
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