By Casey Kirkeby, Strategy Consultant
Cryptocurrency have seen their biggest boom in the last four years than any other currency out there. Bitcoin, the most popular and the most valuable, hit a record high of $63,000 per bitcoin in 2021 alone. There is still a lot of unknown risks out there on how to invest, what is trending, and how to convert coins to digital currency, so I thought I shed some light on what is trending for May of 2021.
I personally use Robinhood for most of my cryptocurrency investing but it has its limitations and there is a plethora of other platforms to use that are cryptocurrency only and have more capabilities but have fees. If you are a novice (like me) in the cryptocurrency trade world or an expert and hang out with Elon Musk from time to time, here are five trending cryptocurrencies to consider investing in for May of 2021:
- Binance Coin- current value in USD – $663.43
- Solana- current value in USD – $47.07
- Dogecoin- current value in USD – $0.4392
- Cardano- current value in USD – $1.32
- Ether- current value in USD – $3,376.34
These five cryptocurrencies show promising growth (especially Dogecoin) and I believe it’s safe to say that they are not going away. In fact, after Tesla invested $1.5 billion in Bitcoin, the owner of Tesla, Elon Musk, will start accepting Bitcoin as payment for electronic cars. Now get out there and start researching today!
You can learn more here- https://www.analyticsinsight.net/5-promising-cryptocurrencies-that-you-can-buy-in-may-2021/