In a recent video, the analyst of popular crypto YouTube channel “Money ZG” explains its May forecast. The analyst uncovers the best altcoin projects to add to portfolios for May 2021.
Money ZG analyst: Ethereum investors made higher earnings than Bitcoin!
The first altcoin on the list is Ethereum (ETH), which ranks second in the cryptocurrency market. The analyst made the following statement on the issue:
Bitcoin really performed significantly better, causing investors in Ethereum to earn higher profits than Bitcoin.
In fact, Ether hit an all-time high on April 27, following the successful release of the “Berlin” upgrade on April 15th. Yesterday, the leading altcoin made history, breaking $ 3,000 for the first time.
Money ZG analyst: Cardano (ADA) and Binance Coin (BNB) are also on my list!
The next altcoin project of the month is Polygon (MATIC). According to the crypto expert, the cryptocurrency has been on the extreme lately and is hesitant to buy it. However, the analyst states that there are many ongoing projects in Polygon, so its value will continue to increase as the areas of use expand. Cardano (ADA) and Binance Coin (BNB) are also on Money ZG’s list this month. The analyst made the following statement on the issue:
As Cardano is working on the African Special Plan and ADA Pay project and adding 5 million more users to their next business last week, BNB will increase by day to reach a market value of 100 billion.
Money ZG analyst: Solana, blockchain gaining attraction as an Ethereum alternative
The next crypto money project is Solana (SOL). The analyst made the following statement on the issue:
Solana, as an Ethereum alternative, is one of the blockchains that are gaining attraction as an Ethereum alternative due to their low cost and fast transaction times, something that Ethereum currently cannot really offer to people.
Moreover, the crypto strategist emphasizes that Solana has added many Defi applications to its platform. So Solfarm, an efficient Solano return aggregator, could be a great choice for investors, according to the analyst.
Money ZG analyst: PankcakeSwap, Aave (AAVE), Tron (TRON), Polkadot (DOT) and Tether on my radar!
Another padolacounter altcoin of the month is PankcakeSwap (CAKE). Over the past 7 days, this altcoin has offered profits of up to 71 percent for investors. Similarly, Aave (AAVE), Tron (TRON), and Polkadot (DOT) are potential altcoins that can be purchased for May, which are ready for padollarse. The last altcoin on the list is Tether (USDT). The analyst made the following statement on the issue:
Imagine holding US dollars in your account and earning 24 years of return for it e.