The Binance Launchpad introduces four promising cryptocurrencies anticipated to surge in value in May. These include AltLayer, Manta Network, Xai, and NFPrompt. Each has shown resilience and strong performance despite recent market downturns. Binance Launchpad is a platform on Binance that facilitates token presales, helping blockchain entrepreneurs secure funding. Investors are keenly watching these assets, dubbed as potential 50x profit opportunities under the category of cryptocurrencies to buy.

1. AltLayer (ALT)

AltLayer (ALT), a cutting-edge, open-source protocol for rollups, is revolutionizing the landscape with its Restaked Rollups concept. This innovative approach boosts rollups, derived from various frameworks like OP Stack and Arbitrum Orbit, with superior security and interoperability. Using a restaking mechanism also ensures fast crypto-economic finality. 

Altlayer price chart

The ALT price is currently at $0.3591, showing a 3% decrease over the past day. Its performance has been fluctuating, with a 41% decline over the month but a 28% gain over the past year. According to CoinMarketCap, AltLayer ranks 164th with a market cap of $394 million. Binance recently highlighted it as a potential cryptocurrency for significant gains.

2. Manta Network (MANTA)

Manta Network (MANTA), a dynamic player in the web3 sphere, provides a seamless environment for developers to launch decentralized applications using Solidity. This network stands out by delivering faster transaction speeds than traditional Layer 1 protocols and reducing gas costs more effectively than Layer 2 alternatives.  Its growing prominence is evident as its Total Value Locked (TVL) has soared to $184 million as of April 30th. 

This surge highlights MANTA as a top altcoin choice for investors. Currently, Manta Network price is $1.71, reflecting a 2.19% increase over the past 24 hours. It holds the 145th spot on CoinMarketCap with a market cap of $429 million.

3. Xai (XAI)

Xai (XAI) ushers in a groundbreaking model for merging real-world economies with cutting-edge video games. It facilitates open trading of in-game assets without needing crypto wallets, enabling gamers to own and trade valuable digital items across their favorite platforms for the first time. 

The current value of Xai has fallen to $0.6757, reflecting a 5% decrease in the past day. Ranked 287th on CoinMarketCap, Xai has a market capitalization of $187 million. This positions it as a potentially lucrative investment, with predictions suggesting a significant return on Binance this May.

4. NFPrompt (NFP)

NFPrompt (NFP) emerged as a cutting-edge platform tailored for Web3 enthusiasts, integrating AI technology with a social and commercial ecosystem. It introduces a native token, $NFP, which plays a vital role in staking, payments, and rewarding creator engagement. Additionally, NFP allows influencers to acquire exclusive collections within its SocialFi system and participate in governance decisions. 

NFP Prompt price chart

This comprehensive ecosystem encompasses AI-driven content creation, a vibrant creator community, and an AI NFT marketplace. NFTs crafted on NFPrompt are tradable on BNBChain and opBnB. Currently, the token is priced at $0.413706, experiencing a slight decline of 3.09% over the past day. With a market capitalization of $103 million, NFPrompt ranks 414th on CoinMarketCap.

Bottom Line

Investors focusing on the Binance Launchpad might consider AltLayer, Manta Network, Xai, and NFPrompt for potential lucrative returns. With solid performance histories, these cryptocurrencies stand out as promising buys for May.

The post 4 Binance Launchpad Cryptocurrencies To Buy For 50X Profit In May appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am