cryptocurrency The industry is constantly being revitalized by new digital assets. Beginners may be opting for a new wave of cryptocurrencies, especially new meme coins that can generate returns for their investors.
Here are three cryptocurrencies that are easy for beginners to trade in May and can make a profit.
Top 3 Coins for Newcomers
BONK
BONK, is one of the most promising coins in the cryptocurrency market. The token gained good momentum soon after its launch in the mainstream market. BONK describes itself as a people’s coin. In this regard, it helps people get a fair shot in the crypto space.
According to CoinCodex, May is likely to be important for BONK. Because it is possible that the token could mark a stellar price increase of nearly 200% to trade at $0.00008230.
“According to our current Bonk price prediction, Bonk price could rise by 228.38% and reach $0.00008230 by June 9, 2024. Bonk recorded 16/30 (53%) green days with 20.17% price volatility in the last 30 days.”
Pepe Coin
Pepe, is one of the popular coins in the cryptocurrency market. The token gained great momentum after its launch and market capitalization measurements exceeded 1.5 billion. According to CMC, Pepe is a deflationary meme coin launched on Ethereum. In this context, it aims to shape its ecosystem like its other competitors, especially Dogecoin and Shiba Inu.
Pepe started trading at $0.000008596 at press time, up nearly 340% in a year. The token is likely to rise 200% by the end of May. This makes it an attractive cryptocurrency to hold and buy for a long time.
“According to our current Pepe Coin price prediction, Pepe Coin price may rise by 227.64% and reach $0.00002838 by June 9, 2024. Pepe Coin recorded 19/30 (63%) green days with 16.91% price volatility in the last 30 days.”
DogWifHat
DogWifHatis another promising meme coin trying to gain a central spotlight. The token was launched in November 2023. Moreover, it has since risen to new levels of popularity and price. The token is up approximately 1760% in the last six to eight months. Moreover, it is poised to rise even further due to its popularity.
According to CoinCodex, it is possible for DogWifHat to rise to $10 in May. This is likely to make it one of the most promising coins for investors. According to estimates, it is possible for the token to increase by 200% by the end of May.
It is estimated that Dogwifhat’s price may increase by 224.78% by June 9, 2024, reaching $10.16. Dogwifhat recorded 15/30 (50%) green days with 10.64% price volatility in the last 30 days.”
