Top Cryptocurrencies to Buy in May 2021: Capitalize on Market Correction

The cryptocurrency market is going through a correction after the massive crash last week. With the announcement of China banning cryptocurrency, Bitcoin and many leading crypto coins plummeted to more than 30%, opening an investment window for budding investors.
If you want to take advantage of the market correction, here are the top cryptocurrencies to buy this week.

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Polygon

Polygon is recovering well from the market meltdown, compared to other cryptos in its line. After dropping up to 40% last week, the price increased by 17.3% in the past 24 hours, putting itself in one of the top gainers at the moment.

Polygon price today: $1.41

Stellar (XLM)

In the last 24 hours, stellar is up by 13.9%, after a somewhat balanced fluctuation during the market crash. While the past week’s performance of this crypto was average with a 38.6% drop, investors have glued their eyes on its progression as this affordable cryptocurrency has scored an average of 1.3% growth.

Stellar price today: $ 0.44

Maker (MKR)

Maker’s price fluctuation is consistent, which makes this a good choice for short-term investors. After getting listed in 2017, this cryptocurrency crossed the US$300 mark within 8 months and reached its all-time high of US$1,773 within a year. This calculates to a surge of over 7000%, higher than Bitcoin and Ethereum.

Maker price today: $3,008.50

Tether (USDT)

Compared to Bitcoin and Ethereum, Tether is pegged as a stable coin. The consistency in value offered by such a coin allows users to buy Tether, with the relief that the value next day or next month will be equal to one US Dollar.

Tether price – $1

Binance Coin (BNB)

One of the top five highest-valued cryptocurrencies in the market, the Binance coin was hit by the market crash when its value fell down massively, before rising and settling at a 15% dip. But this price drop opens a big window for investors to buy and hold Binance, as its market cap holds great potential.

Binance Coin price today: $277

Ripple (XRP)

Two of the main reasons to buy and hold Ripple in the post-market crash scenario is that it’s trusted by mainstream financial institutions and comes with an aim to simplify payments. It’s also one of the most affordable cryptos that shows growth potential after reaching its all-time high of US $3.10.

Ripple price today: $0.83

Dash (DASH)

One of the most private cryptocurrencies in the market with fast transaction speeds and transaction anonymity, Dash has a good market record. If you would have invested $10 at the start of 2017, by December that year you would have approximately $1500. That’s a growth rate of 14,900% in a year! After the market crash, this cryptocurrency is under-recovery.

Dash price today: $166.19

Dogecoin (DOGE)

With many critics and a cult following, Doge is a crypto coin on everyone’s list. While it was on a growth spree before the market crash, it’s slowly but surely getting back to its place again. Susceptible to Elon Musk’s tweets, the same reason brought Dogecoin under the limelight. As the price has dropped further, now is a good time to invest in this meme coin.

Dogecoin price today: $0.3112

Cardano (ADA)

Cardano was surprisingly stable during the market crash which got more investors eyeing its potential. After dropping just 2% yesterday, it now stands at a value that is inviting people to invest in it.

Cardano price today: $1.45

Bitcoin Cash (BCH)

Born as a result of Bitcoin’s split, Bitcoin Cash was one of the investor’s favorites. In the past 24 hours, BCH is down by 1.20%. Recovering well after the market crash, top exchanges like Binance, Bybit, and FTX are rating this crypto coin among top gainers.

Bitcoin Cash price today: $607