Best Cryptocurrency to Buy in May 2022

Top crypto projects like Bitcoin and Ethereum have snapped up all the media attention in the past year. However, a growing number of altcoins are also becoming attractive investment options for those just making the plunge into the crypto market. Their lower base price as well as margin for exponential growth have seen several investors on the hunt for the best cryptocurrency to buy in May.

If you are a value-driven investor, these top promising crypto assets should definitely make your portfolio.

1. Lucky Block (LBLOCK)

Lucky Block is a crypto gaming platform focused on building a unified system that prioritises transparency and fairness for gamers. To do this, Lucky Block operates using a randomized system of selection to choose its daily and weekly winners.

Built on the Binance Smart Chain (BSC), the platform offers low fees for transactions. However, these are not the only reasons why LBLOCK, Lucky Block’s token, ranks as the best cryptocurrency to buy in May.

Since its launch in January 2022, the digital asset has provided investors with incredible gains. Presale investors raked in over 2000% return on their investments within a month of Lucky Block’s launch.

At press time, LBLOCK is trading at $0.0011, a favourable entry point for new investors to gain profits on this digital asset.

Lucky Block continues to offer benefits to its users. The platform has launched its highly anticipated jackpot prize draws. LBLOCK holders pay $5 for tickets to enter the draw cost. However, token holders who connect their crypto wallets to Lucky Block’s mobile app earn free tickets.

The platform is also providing a $1m giveaway to participants of the draw. With these incentives, Lucky Block is sure to onboard new users and build wider adoption in the gaming industry.

2. DeFi Coin (DEFC)

DeFi Coin is a community-driven fair-launched DeFi token. The token has three simple functions: reflection, Liquidity Provider acquisition, and Burn. DeFi Coin is unique as it offers users the option to earn passive rewards through static reflection as the value of their DEFC token grows indefinitely.

Recently, DeFi Coin launched its decentralised exchange (DEX), DeFi Swap. DeFi Swap aims to become an alternative to well established decentralised exchanges. Users can easily exchange tokens without the need for an intermediary through smart contracts.

The launch of DeFi Swap marks the advancement of DeFi Coin. With the launch, DeFi Coin will build adoption and amass more investors, resulting in a hike in price.

DEFC currently trades at $0.47, following a surge of over 175% in the last 24 hours. This increase is due to the completion and attainment of a milestone on its roadmap. The digital asset is set for more growth, as the broader crypto market recovers from a bloodbath.

3. Fantom (FTM)

Fantom is a scalability-centric blockchain that provides investors with fast transaction rates at low fees. The blockchain’s token, FTM, easily ranks as one of the best cryptocurrency to buy in May because it offers investors a good investment opportunity at its price peg of $0.63.

Fantom is on the verge of achieving widespread adoption as it has successfully integrated with Orion Protocol. Several crypto experts consider Orion Protocol to be the world’s most advanced liquidity aggregator, combining centralised exchanges, decentralised exchanges, and swap pools.

The blockchain has successfully integrated with the Orion Terminal. This integration provides terminal users and FTM holders unprecedented access to Fantom’s outstanding speed, security, and reliability across aggregated liquidity sources from their wallets.

As a result of Fantom’s integration into Orion Terminal, consumers benefit from Fantom’s high throughput and speedy finality, as well as its ultra-low fees. Money transfers on Fantom take about a second and cost less than $0.01, making it an exciting and practical alternative for Orion’s future growth and scalability.

4. Algorand (ALGO)

Algorand is a sustainable blockchain that provides near-instant finality on transactions, essential to keep a great carbon-negative score.

At press time, ALGO trades at $0.71 and ranks as one of the best cryptocurrency to buy in May.

Algorand is set to build bigger waves to take over the sports entertainment industry, as it has been announced as the official blockchain of FIFA. According to the terms of the agreement, Algorand will become FIFA’s official blockchain platform and will supply the official blockchain-supported wallet solution.

In addition, according to the sponsorship deal, Algorand will be a FIFA World Cup Qatar 2022 Regional Supporter in North America and Europe, as well as an Official Sponsor of the FIFA Women’s World Cup Australia and New Zealand 2023.

Algorand will also aid FIFA in further building its digital assets strategy as part of the agreement, while FIFA will give sponsorship assets such as advertising, media exposure, and promotional possibilities.

The agreement demonstrates FIFA’s commitment to continue pursuing creative revenue development channels for further reinvestment into the sports industry while maintaining openness to stakeholders and global football fans.

5. Avalanche (AVAX)

Avalanche is a unique platform that scales ahead of most platforms due to its mode of operation. The platform focuses on increasing scalability without sacrificing any fundamental features of a perfect blockchain. Avalanche uses three blockchains rather than one to satisfy security, decentralisation, and scalability to achieve increased scalability.

Owing to this measure, AVAX, Avalanche’s token is regarded as one of the best cryptocurrency to buy in May, 2022.

AVAX is trading at $50.26 and has been making reasonable price movements and encouraging short term trading among investors.

Avalanche is also known for making strategic integrations and partnerships to ensure that it provides viable financial services to its users. Part of such efforts is its partnership with Valkyrie Funds, a crypto investment firm, to launch the Avalanche Trust.

The trust fund is targeted at traditional investors who are looking to gain exposure to the Avalanche ecosystem. This launch will increase Avalanche’s adoption by reaching new crypto investors and providing more liquidity in the ecosystem.