As the cryptocurrency sector starts to recover from the bear market, investors should pay attention to the five most promising crypto assets for the week of May 1. MultiversX (EGLD), the former Elrond, recently announced its listing at the crypto exchange Upbit. Floki (FLOKI) is another strong asset that saw a sharp increase in its price after Binance.US began trading. OKX’s native token, OKB (OKB), demonstrated a brief rally following its largest upgrade to the Proof-of-Reserves (PoR) protocol, and a strategic agreement with the blockchain security company SlowMist. Bitcoin (BTC) is trying to break the psychological $30,000 level, while most analysts predict that its price may reach $41,000 and $47,000. Chiliz (CHZ) built a $50 million incubator and accelerator program called Chiliz Labs, while Cardano (ADA) is aggressively developing its 'Architects of the Future' delegation strategy and releasing new games on the Cardano blockchain. As these digital assets progress with their development efforts, the success of their respective tokens is likely to be strongly affected by the general crypto market and macroeconomic sentiment.
Ivanna Patel
- 2023-04-28
Cryptocurrency Market Rebound - 5 Most Promising Crypto Assets
As the cryptocurrency sector starts to recover from the bear market, investors should pay attention to the five most promising crypto assets for the week of May 1, including MultiversX (EGLD), Floki (FLOKI), OKX’s native token, OKB (OKB), Bitcoin (BTC), Chiliz (CHZ) and Cardano (ADA).
