TRON TRX/USD, XDC Network XDC/USD, and Litecoin LTC/USD are all solid cryptocurrencies that have showcased significant signs of growth recently.
As such, we are going to go over each token individually to see how far they can grow in value.
On April 28, the XDCNFT Marketplace went live and opened, which created a lot of hype surrounding the XDC Network and its XDC token.
Litecoin also made an announcement on May 3, where they showcased that the transactions with the crypto world’s largest payments processor, BitPay, are increasing. Specifically, Litecoin’s percentage increased to 15.45%.
On May 4, Justin Sun, the founder of TRON, announced a Livestream regarding the USDD stablecoin, which will be launched on TRON.
Should you buy TRON (TRX)?
On May 4, 2022, TRON (TRX) had a value of $0.0775.
When it comes to the all-time high of the token, TRON (TRX), was on January 5, 2018, when the token reached a value of $0.231673. Here we can see that the token was $0.154173 higher in value, or by 199%.
When we take a look at how the token performed last month, TRON (TRX) had its highest point of value on April 2 at $0.07631.
Its lowest point was on April 12, at $0.05813. This marked a decrease in value of $0.01818 or 23%.
However, from April 12 to May 4, the token increased in value by $0.01937 or by 33%. With this in mind, we can expect TRX to reach a value of $0.1 by the end of May, making it a solid buy.
Should you buy XDC Network (XDC)?
On May 4, 2022, XDC Network (XDC) had a value of $0.06497.
When we look at the token’s all-time high, XDC Network (XDC) was on August 21, 2021, when the token reached a value of $0.192754. Here, we can see that the token was $0.127784 higher in value or by 196%.
Going over how the token performed throughout the previous month, XDC Network (XDC) had its lowest point on April 27 at $0.05315. Its highest point was on April 30 at $0.06738.
This marked an increase in value of $0.01423 or 26%. With this in mind, we can expect XDC to reach $0.08 by the end of May, making it a solid buy.
Should you buy Litecoin (LTC)?
On May 4, 2022, Litecoin (LTC) had a value of $102.44.
Going over the all-time high value of the token, Litecoin (LTC) had its ATH on May 10, 2021, when it reached $410.26. Here we can see that the token was $307.82 higher in value, or by 300%.
Looking at how the token performed last month, Litecoin (LTC) had its highest value on April 4 at $128.95, while its lowest point of value was on April 27 at $98.4. This marked a decrease of $30.55 or 23%.
At the current price of $102.44, LTC is a solid buy as it can reach $120 by the end of May 2022.
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from Market Analysis – Invezz
