The majority of the cryptocurrency industry is slowly starting to recover. Crypto traders and investors are trying to distinguish which cryptocurrencies deserve their attention during the first week of May. With that in mind, we took a look at the market. We checked out the latest developments and indicators of success on some of the crypto assets that experts find the most promising. Experts shared the list of the top five cryptocurrencies to watch out for during the week of May 1.
The first cryptocurrency on the list: MultiversX (EGLD)
MultiversX (EGLD) announced that it has entered the list of crypto exchange Upbit in a move that could cause its price to rise.
$EGLD is now listed on @Official_Upbit, the world’s 1st crypto exchange by fiat volume & 2nd largest by spot volume.
Opening up EGLD trading for 8.9M+ users.
Deposits and trading are live on the EGLD/KRW and EGLD/BTC pairs.https://t.co/r7yuMjNAT3 pic.twitter.com/wE3cFjpAij
— MultiversX (@MultiversX) April 27, 2023
Meanwhile, MultiversX is changing hands at $44.44 at the time of broadcast. It also recorded a 3.79% drop over the past 24 hours. However, as seen in the charts, it gained 10.25% in the previous week and 3.05% in the last month.
EGLD 30-day price chartOCD in second place
It has formed a strategic partnership with OKX’s blockchain security firm, SlowMist. Moreover, cryptocoin.com As you follow, it supported Sui Network’s SUI. Finally, it has made its biggest-ever upgrade in Proof of Reserve (PoR). Following these announcements, the crypto exchange’s native token OKB (OKB) made a brief but significant rally before settling at its current price.
🌊 Get ready for the Suinami 🌊
📢 Introducing the long-awaited #OKX Jumpstart — $SUI$SUI is the native token of @SuiNetwork, a Layer 1 blockchain developed by @Mysten_Labs for the next billion users 💧⛓️
🗓️ Get involved with your $OKB on Apr 20 (UTC) ⤵️
— OKX (@okx) April 14, 2023
Currently the OKB price is $47.49. The altcoin is down 0.89% daily and 10.91% weekly. However, it has witnessed an increase of 11.59% in the last 30 days. By the way, according to the latest data, there is a possibility of further strengthening due to recent developments.
OKB 30-day price chartLeading cryptocurrency Bitcoin (BTC) is also on the list
After the short-term decline caused by the big selling wave, Bitcoin is trying to surpass the psychological level of $ 30,000 again. The leading crypto signals the end of the bear market. Because it’s about to close the fourth month in a row with a green candle. Moreover, crypto analysts expect BTC to move towards $41,000 and $47,000.
Bitcoin price action / Source: Bitcoin ArchiveCurrently, Bitcoin is trading at $29,124, up 0.73% on the day. It also posted a 3.07% gain over the past week. Additionally, Bitcoin has climbed 6.72% in the last 30 days.
BTC 30-day price chartWe didn’t forget Chiliz (CHZ) on the list either.
Earlier in March, sports service crypto project Chiliz announced the creation of a $50 million incubator and accelerator program called Chiliz Labs that aims to assist Web3 projects in the gaming and entertainment industries built on the blockchain, while the new Chiliz Sports Blockchain is expected to launch on May 10. .
Public launch of the new Sports Blockchain_
𝐓𝐡𝐞 𝟏𝟎𝐭𝐡 𝐨𝐟 𝐌𝐚𝐲 🔒#ChilizBlockchain ⚡️ $CHZ pic.twitter.com/xNHnCfriin— Chiliz ($CHZ) – Powering Socios.com ⚡ (@Chiliz) March 28, 2023
According to press time, the CHZ price remained at $0.13. Also, the coin is down 0.15% in the last 24 hours. In the previous seven days, it lost 1.48%. However, according to the latest data, it is in the green zone of 10.05% on its monthly chart.
CHZ 30-day price chartLatest cryptocurrency: Cardano (ADA)
Cardano became one of the top three cryptocurrencies in GitHub’s developer event last month. Cryptocurrency is constantly going through a process of innovation and development. In particular, one of the most recent positive events is the renewal of the ‘Architects of the Future’ delegation strategy to foster growth. Also, announcing a new game from Dead Pxlz in the Cardano ecosystem should be a priority.
🔥Big game coming to the Cardano ecosystem🔥
Super excited to work with Dead Pxlz to bring their vision to life ❤
They're an innovator in the NFT space. Super excited about what they're building 👍 https://t.co/BVLUYsZ5ci
— Sebastien Guillemot (@SebastienGllmt) April 27, 2023
Meanwhile, the ADA price reached $0.40. This represents a negative 3.10% change during the day. It also represents a 0.59% drop in the last seven days. However, ADA recorded a 7.68% gain during the month, as the latest charts show.
ADA 30-day price chart
