3 Recommended Cryptos to Buy in May for Potential Big Yields
Author:After the crypto drops that took place in April, many people do not know exactly how to move forward in the market. For this reason, with the continuation of these decreases, there is a decrease in the value of many cryptocurrencies. With the fall of tokens in May, crypto analysts made recommendations about crypto units to be bought by analyzing when the market will increase.
All the details about the proposed cryptocurrencies for the potential big yields for the future have been shared by the analysts. Especially 3 cryptocurrencies have been highly recommended.
Information about how the market will progress and the future of these 3 cryptocurrencies is in the continuation of the article.
Logarithmic Finance (LOG)
While Logarithmic Finance is in the early stage, it appears as a new generation DeFi and clearing protocol to enable interaction between investors. Many investors who are innovative on this platform will have permission to raise funds from their preferred blockchain. They will also have used a secure, unattended, and multi-chain network for their preferred fundraising while at this stage. Logarithmic Finance currently only supports Ethereum. It is among the plans that it will add many different names to its network in the future.
LOG is ready to offer many special advantages to the owners of the Logarithmic Finance protocol. Benefits often include private pool access, governance rights, high-yield investments, staking rewards, and better exchange rates, as well as many different types of opportunities.
Logarithmic Finance (LOG) is currently in a good position as it is in the pre-sales phase. Even though there are a total of 4 billion tokens available, only 1.2 billion tokens are offered in the pre-sale.
Polygon (MATIC)
The purpose of the Polygon (MATIC) platform is for developers to provide low transaction costs and security. It also stands out as an Ethereum-based platform, as it allows them to create scalable and user-friendly decentralized applications (DApps) on this platform. One of the goals of Polygon (MATIC) is to launch Ethereum to the world. It selects the best of Ethereum and other top blockchain networks and moves forward intending to combine them into one system. It makes progress by taking advantage of Ethereum.
Polygon (MATIC) continues to work on the growth of web3 applications. It also aims to provide decentralized applications to scale their performance by creating its infrastructure.
NEAR Protocol (NEAR)
The NEAR Protocol (NEAR) is known as a scalable, secure, and easy-to-use blockchain. On this blockchain are a certain network of expanding global community members, developers, and creatives. It is also known as a platform that aims to contribute to the development of the ecosystem through grant financing.
NEAR Protocol (NEAR) is working on a mechanism called Doomslug, which secures the platform by preventing cost escalation. Nightshade technology advances by aiming to split the network’s transaction history to increase throughput. It has also placed itself well in the market by launching its imminent coin USN, which can be minted by depositing NEAR tokens as collateral. For this reason, it is among the predictions that it will be in a very good position in the future by being affected by the Token bear season.