The post 6 New Cryptocurrencies to Buy this May appeared first on Coinpedia Fintech News
As Bitcoin retests the $60K support again, it could be only a matter of time before the crypto bull run resumes and prices soar. Each month continues to also see numerous new coins launched, with some offering interesting use cases and high potential. With that in mind, let’s take a look at six of the …
The post 6 New Cryptocurrencies to Buy this May appeared first on Coinpedia Fintech News
As Bitcoin retests the $60K support again, it could be only a matter of time before the crypto bull run resumes and prices soar.
Each month continues to also see numerous new coins launched, with some offering interesting use cases and high potential.
With that in mind, let’s take a look at six of the best new cryptos to buy this May.
Dogeverse
Dogeverse is top pick as the best new cryptocurrency to buy. This year, the meme coin market has established itself as an integral part of the crypto ecosystem, with institutional players like BlackRock and leading mainstream media outlets like Bloomberg taking note.
However, Dogeverse introduces a new outlook to the meme coin sphere, being the first-ever multichain Doge-themed cryptocurrency. The project is currently undergoing a presale and is live on Ethereum, BSC, Base, Avalanche, and Polygon. The token will also launch on Solana shortly.
In a market where meme coins grapple with users’ flippant migration between blockchains, Dogeverse’s ubiquitous accessibility primes it for steady and sustained growth.
Not only that, this multichain approach grasps the essence of grass-roots memetic culture, encouraging the once-differential blockchain communities to brush aside their differences and unite under one meme coin.
The Dogverse presale has raised a whopping $12.7 million so far, currently priced at $0.000304. However, this will rise throughout the presale, so traders must act fast.
Ondo
Enter a domain of contemporary financial innovation with Ondo, the crypto industry’s leading real-world assets protocol. Ondo is a well-established player in the market, with links to world-leading TradFi outfits like BlackRock.
However, the project launched a governance token this year (ONDO), empowering holders to make important decisions on the project’s future.
Currently, ONDO is trading at $0.73, down 5.3% today, 13% this week, and 20.3% this month. That said, its token has seen notable success since its launch, pumping 355%.
It holds a $1 billion market cap and a $177 million 24-hour trading volume, up 39% today.
Ondo offers tokenized institutional-grade instruments on-chain. Its main two products are USDY, a yield-generating stablecoin, and OUSG, a short-term US treasury bill with 24/7 mints and redemptions.
The protocol recently shifted its backing assets of OUSG from a short-term treasuries ETF to BlackRock’s on-chain BUIDL tokenized fund. This has ignited excitement that Ondo may extend its alignment with the world’s largest asset manager.
Mega Dice Token
It is not every day that a revenue-generating machine launches its own cryptocurrency, but that’s what has happened with Mega Dice and its new gamification layer, ushering in the new Mega Dice token presale.
The initiative is the latest in a string of innovations by the project, dating back to 2023 when it became the first fully licensed Telegram casino to launch.
Its pioneering outlook has garnered industry-wide recognition, and the platform currently hosts 50K players who wager over $50 million monthly.
The new Mega Dice token rewards existing players while attracting new ones to its ecosystem. One of the primary demand-side factors to consider is that $DICE is the first crypto token to offer holders daily rewards based on the casino’s performance.
In addition, holders get exclusive access to new features, limited edition NFTs, early bird bonuses, and a referral program.
The Mega Dice token presale price will rise throughout the campaign, and the next uptick will occur when 14.7 million $DICE are sold.
Kamino Finance
Kamino Finance is a new Solana-based DeFi protocol that launched its native token via airdrop on Tuesday. The project has seen huge interest, with a considerable ratio of trading volume to market cap.
Currently, KMNO is trading at $0.04134, down 3.3% since launching. Its market cap is $41 million, while its trading volume is $33 million.
Such high trading volume reflects the market’s interest, but its market cap may be suppressed due to the generalized industry turmoil over the past 24 hours.
Kamino Finance is a dominant player in the Solana ecosystem, currently boasting a $988 million total value locked (TVL).
“Personally, I don’t think $0.04 ($40M circulating & $400M FDV) is a good place to sell. It seems undervalued here and certainly not a massively overvalued launch,” Wrote analyst Alyo on X.
He continued, “But people are just desperate to salvage anything they can after losing so much money recently.”
99Bitcoins Token
99Bitcoins is a leading crypto news outlet dating back to 2013, the year CoinDesk launched. Since its inception, the platform has remained an industry frontrunner and now boasts an extended network with 700K YouTube and 2.8 million email subscribers.
Recently, it has taken an innovative step toward bolstering crypto mass adoption through its novel Learn-to-Earn platform, powered by the newly launched 99Bitcoins token.
$99BTC is currently available at presale, allowing investors to get in from the ground up. Given the project’s track record, there’s no doubt that this could be a monumental buying opportunity.
Alongside access to the Learn-to-Earn platform, 99Bitcoins token holders get BRC20 tools and education, crypto trading signals, a VIP community group, staking rewards, and more.
Stakers can notch a 1,800% APY, but this will decrease as more tokens are staked.
What’s more, the 99Bitcoins token presale price will incrementally increase throughout the campaign, with the next upswing coming in six days or when the total raise hits $1.7 million.
Brett
Brett is a newly launched meme coin spearheading Coinbase’s Ethereum layer 2 network, Base.
The project launched in March and has witnessed resounding success, peaking at an all-time high market cap of almost $700 million. However, a recent pullback could mark a perfect entry for those who missed the initial pump.
Currently, Brett is trading at $0.03512, down 6.5% today, 43% this week, and 53% this month. It holds a $300 million market cap and a $50 million 24-hour trading volume.
Being Base’s largest meme coin, Brett boasts beta exposure to the network’s overall adoption and will likely continue to lead the way once the broader crypto market resumes its uptrend.
“Brett is miles ahead of its competition on Base; Currently the number 1 meme coin by a mile,” said Max Schwartzman, CEO of Because Bitcoin recently.
