3 Trending Coins Under $5 For Fast Profits In May

On May 6, 2024

The cryptoverse is rife with new cryptocurrencies and tokens that are capable of disseminating stellar returns. With each passing week and month, the trending category of the crypto-verse keeps changing, revealing the potential of new coins performing exceptionally well in the public eye.

The allure of these coins is very real, permitting users to deeply investigate and assess the mettle of the industry in all its glory.

Here’s the list of the top three coins under $5 that users can explore to secure fast profits from!

Also Read: JPMorgan Praises the US Dollar’s Resilience, Predicts New Path for the USD

Three coins falling from the sky — Image Source: Watcher Guru

#1: Shiba Inu

Shiba Inu is dubbed a significant crypto token primarily due to its flourishing ecosystem. The token is always striving towards creating a wealth of new verticals for users to investigate, amplifying choices and alternatives for people to explore.

According to Coincodex, Shiba Inu is expected to surge 200% by the end of May 2024. The token may trade and rise to $0.00008191. The upcoming SHIB rally is capable of distributing rapid profits, making it a lucrative token to hold and store.

The price of Shiba Inu may rise by 228.45% and reach $0.00008191 by June 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Shiba Inu recorded 16/30 (53%) green days with 8.72% price volatility over the last 30 days.”

#2: XRP

Despite being embroiled in a heated legal dispute with the US SEC, XRP is continuing to hold steady ground. The token is currently trading at $0.54, up 2% in the last 24 hours. The Ripple-SEC case proceedings have long been impacting the token price thresholds and will continue to do that till the case officially wraps up.

With the current court proceedings catching pace, the XRP-SEC penalty payout discussions are also set to impact the XRP’s price at a whole new level.

According to Coincodex, XRP may hit $0.65 by the end of 2024, surging nearly 20% in valuation. Ripple’s promising string of alliances and partnerships is also poised to play an elemental role in determining XRP price, which makes it an apt coin to hold and explore.

“The price of XRP may rise by 20.77% and reach $0.658367 by June 5, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 71 (greed). XRP recorded 14/30 (47%) green days with 7.49% price volatility over the last 30 days.”

#3: DogWifHat

Among a wealth of meme coins, Solana-inspired DogWifHat has been trending as of late due to the stellar price thresholds that the token has achieved. WIF has emerged as one of the most promising meme currencies ruling the current bull season, with its price breaching new price milestones with each passing day. WIF has recently flipped Mantle, Optimism, and OKB tokens in terms of market cap, proving its mettle as a robust crypto token.

Per CoinCodex, WIF may surge 200% by the end of 2024, trading at the $10 price mark this month.

Also Read: Cryptocurrency: 3 Coins To Stack Over XRP & ADA For 10x Gains in May

“The price of Dogwifhat may rise by 225.98% and reach $10.91 by June 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Dogwifhat recorded 16/30 (53%) green days with 13.88% price volatility over the last 30 days.”