The Investment Center Broker Reports The Top cryptocurrencies with the best growth potential after the market crash
London, England, 2 June 2021, ZEXPRWIRE, Cryptocurrencies are almost usually meant to be free of government manipulation and control, yet this fundamental business component has come under question as it has risen in popularity.
Every day, cryptocurrency makes headlines, and it was recently all over the news due to a significant market drop following the prohibition on cryptocurrency use. When the news broke, all cryptos turned red and have since steadily recovered.
The Investment Center broker Michael Cohen says that the cryptocurrency market is experiencing a correction following a significant drop last week. With the statement that cryptocurrencies would be banned, Bitcoin and several other big cryptocurrencies have dropped by more than 30%, providing new investors.
When news of crypto crackdown rocked the cryptocurrency market, JP Morgan released a report claiming that investors were selling their Bitcoins for gold. This gave the market even more cause to fall. Despite this, the anti-Elon Musk cryptocurrency StopElon has increased in value by almost 1,800%
The question now is, what are the best cryptocurrencies to invest in the post-market crash? One approach to do so is to look at the company’s market capitalization. However, while it is simple to check a cryptocurrency’s real-time price, it does not offer the investor the complete picture. So here are the top cryptos to purchase now, in May 2021.
- Polygon – Compared to other cryptos in its class, Polygon is rebounding well from the market crash. After falling by as much as 40% last week, the price has risen by 17.3% in the previous 24 hours, making it one of the top gainers at the time.
Today’s Polygon price is $1.41.
- Stellar (XLM) – After relatively balanced volatility throughout the market crisis, stellar is up 13.9 percent in the last 24 hours. While this cryptocurrency’s performance over the previous week was ordinary, with a 38.6 percent loss, investors have been keeping a close check on it as it has grown by an average of 1.3 percent.
Today’s price is $ 0.44.
- Maker (MKR) – Maker’s price volatility is predictable, making it a smart investment for short-term investors. After being launched in 2017, this cryptocurrency achieved an all-time high of US$1,773 in less than a year after crossing the $300 mark. This equates to a gain of almost 7000 percent, much exceeding the profits of Bitcoin and Ethereum.
Today’s maker price is $3,008.50.
- Tether (USDT) – Tether is a stable cryptocurrency when compared to Bitcoin and Ethereum. Users may acquire Tether to assure that the value will be equal to one US Dollar the next day or month thanks to the coin’s constancy in the matter.
The price of Tether is $1.
- Binance Coin (BNB) – The Binance currency, one of the top five most valuable cryptocurrencies on the market, was severely impacted by the market crisis, with its value falling dramatically before rebounding and stabilizing at a 15% drop. However, because of the price reduction, now is an excellent time for investors to purchase and keep Binance since its market cap has many potentials.
Today’s Binance Coin price is $277.
- Ripple (XRP) – Ripple is trusted by conventional financial institutions and aims to streamline payments, which are two key reasons to buy and hold it in the post-market crisis scenario. After reaching an all-time high of US $3.10, it’s also one of the cheapest cryptos with growth potential.
Today’s ripple price is $0.83.
- Dash (DASH) – Dash has an excellent market record as one of the most private cryptocurrencies on the market, with quick transaction speeds and transaction anonymity. If you had invested $10 at the beginning of 2017, you would have around $1500 at the end of the year. That’s a year-on-year increase of 14,900 percent! This cryptocurrency is still recovering from the market meltdown.
Today’s Dash price is $166.19.
- Dogecoin (DOGE) – Doge is a cryptocurrency on everyone’s radar, with numerous detractors and a considerable following. It was on a growth binge before the market meltdown, but it’s slowly but steadily regaining its footing. Susceptible to Elon Musk’s comments, Dogecoin was thrust into the spotlight for the same reason. Now is a wonderful moment to invest in this joke cryptocurrency because the price has plummeted even more.
Today’s Dogecoin price is $0.3112
- Cardano (ADA) – Cardano remained remarkably steady amid the market fall, attracting the attention of additional investors. It currently stands at a value that is enticing people to invest in it after decreasing merely 2% yesterday.
Today’s Cardano price is $1.45.
- Bitcoin Cash (BCH) – Bitcoin Cash, created as a result of the Bitcoin split, was a favorite among investors. BCH has lost 1.20 percent in the last 24 hours. Top exchanges including Binance, Bybit, and FTX rank this crypto asset among the top gainers after the market meltdown.
Today’s Bitcoin Cash price is $607
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Source: Bitteks
