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Top 10 Coins to Invest in for Short-Term Gains in May 2022

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Opinion pieces are based on the author's personal opinion, and they do not constitute investment advice, financial advice, or trading advice. Securities.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Conduct your own due diligence and consult a financial advisor before making any investment decisions.

Top 10 Coins to Invest in for Short-Term Gains in May 2022

Investing in cryptocurrencies for the long run has been one of the best ways to make money. Success is almost guaranteed, provided that you invested in projects that have real potential. Projects like that will always bounce back up, regardless of how long the bear market lasts, or how low their price goes, and eventually, they will reach tremendous highs.

However, some investors are not interested in waiting for years for crypto prices to naturally build-up, and they are more interested in short-term gains. Short-term investments can also be quite profitable if you find the right moment to invest, and May 2022 seems to be just that kind of moment. Right now, the market is deep in the red, with most coins seeing deep drops — often in double digits on weekly basis.

While this may seem bad, the crypto industry has been around for long enough for us to know that there is always recovery after the drop. The trick is to recognize when the projects hit their bottom and invest in them at that point. Then, once the recovery starts — they will skyrocket in order to return to their real value, and that’s where your profits will come from.

And, of course, knowing when the project has reached the bottom is not enough, as you also need to know which projects are guaranteed to recover. With that said, we have prepared a list of our top 10 suggestions, so if you are looking for ideas, here are 10 coins to invest in this May, and make gains as they recover following this bearish wave.

1. Bitcoin

Of course, we have Bitcoin, which is really something that most people have likely expected. Bitcoin is the first and the largest cryptocurrency, and the founder of the crypto market. Its brand is so big and powerful that it is synonymous with crypto for most people.

So, if any crypto will rise again after a harsh fall, it is this one. Bitcoin is the safest coin to invest in, and the more it crashes, the stronger its recovery usually is, and in a few years’ time, we have no doubt that it will be at $100k or more. After all, Bitcoin’s fate seems to be to become digital gold, and if that comes to pass, there is no limit to how big it can get.

To learn more visit our Investing in Bitcoin guide.

2. Avalanche

In the second spot, we have Avalanche. This is the world’s leading Ethereum alternative when it comes to smart contracts and dApps. Avalanche was specially designed to provide a platform where these products can thrive, and it made sure it will happen by becoming lightning-fast, cheap to use, extremely scalable, and highly eco-friendly.

So, if you are interested in a project that has great potential, excellent tech, and offers tons of blockchain products, then this is the one to focus on.

To learn more visit our Investing in Avalanche guide.

3. Shiba Inu

Next, we have Shiba Inu. Many people already know this memecoin that was inspired by Dogecoin, the original joke cryptocurrency. Thanks to Dogecoin’s success, numerous other memecoins emerged, and SHIB managed to outperform all of them, and even DOGE itself, at one point last year.

Shiba Inu doesn’t offer dApps or smart contracts, and it doesn’t have any real use cases. However, it is a light-hearted, humorous coin, and humor has always been present in every level of our society. Digital finance is no different, and for now, SHIB seems to be quite a popular crypto, which means that it will stick around and bounce back from drops such as this one.

To learn more visit our Investing in Shiba Inu guide.

4. TRON

Up next, we have TRON. This is a project whose goal is to revolutionize the entertainment industry, and it has been working hard towards achieving this. TRON’s intention is to reward users for sharing content, become the dominant cryptocurrency in the world of gaming, and even establish a bridge between celebrities and their fans.

Meanwhile, its ecosystem became a hub for betting and gambling dApps, and TRON became one of the few coins that are actually growing right now, as the rest of the market is crashing. The project may not command the same amounts of popularity that it had in 2018, but it certainly has a strong community backing it up and keeping it afloat.

To learn more visit our Investing in TRON guide.

5. Algorand

Algorand is another high-quality project, with a self-sustaining, fully decentralized blockchain network that supports a wide range of apps. Featuring scalability, efficiency, and security, it offers all critical properties for housing some of the most effective applications in the real world.

One of its goals is to become the main supporter of computations that require reliable performance guarantees, which would create new forms of trust. In other words, this is a project meant to be used for its technological potential and it aims to be the engine that will run processes of the future.

To learn more visit our Investing in Algorand guide.

6. ApeCoin

ApeCoin is a young project, but one that has been growing with popularity at a rapid pace. It is an ERC-20 governance and utility crypto, used with the APE ecosystem. Its main goal is to empower the community and provide incentives for building at the forefront of Web3.

There are many projects that are working on some aspect of the upcoming Web3, whether it is interoperability or development of Web3 services, and with Web3 being the biggest goal of the crypto industry right now, all such projects are gaining attention and value rapidly.

To learn more visit our Investing in ApeCoin guide.

7. Decentraland

Next, we have Decentraland, which is possibly the oldest metaverse project out there. Being one of the oldest, or THE oldest one, it definitely has a first-mover advantage, as well as years of development and growth behind it. Decentraland offers digital plots of land that people can purchase and use for development, organizing virtual events, play games, and even run a real digital business.

The project has already been used for virtual events by some major organizations, including the Australian Open, and we expect to see a lot more happening in its digital world in months and years to come.

To learn more visit our Investing in Decentraland guide.

8. Theta Network

In the eight spot, we have Theta Network, which is a blockchain network created for video streaming. The project aims to empower users who wish to share their content in a decentralized way and receive compensation for it — greater than what platforms like Twitch and YouTube have to offer.

In its current form, video streaming industry is highly centralized, it is too costly for both creators and companies that pay to have their ads running, and viewers usually get a very poor experience. Theta offers to change that for the better.

To learn more visit our Investing in Theta guide.

9. Axie Infinity

Nearing the end of our list, we have Axie Infinity. This is a metaverse game that is currently the highest-ranking project of this kind, featuring digital creatures called Axies that players can buy, sell, train, upgrade, and breed. Each Axie comes in the form of an NFT, so each of them is unique.

By upgrading them, players can add new body parts from over 500 of them to choose from, and make their creature the strongest one around. Then, by winning in battles against other players, the player wins the project’s native token, AXS, as a reward. Since this is a cryptocurrency, it can be exchanged for fiat money, meaning that you can actually earn money by playing the game.

To learn more visit our Investing in Axie Infinity guide.

10. Helium

Finally, we have Helium as our last entry. This is a decentralized network for the Internet of Things devices. Essentially, Helium allows its users to turn their devices into nodes that it calls Hotspots. These Hotspots can then establish a network that provides internet coverage in a huge radius, thus covering areas that even cellular networks do not cover.

In doing so, the project allows IoT devices to connect to it, and communicate with one another, as well as the broader internet, including blockchain technology. This can be the technology that will establish smart cities in the future, where sensors can provide information in real-time — things like air and water quality, automatize processes governed by IoT devices, and more. As such, it has a great future ahead of it, combining two of the most popular emerging tech — IoT and blockchain.

To learn more visit our Investing in Helium guide.

Conclusion

And, there you have it — our list of top 10 cryptocurrencies to invest in for the short-term in order to make gains. To be precise, we cannot guarantee that these projects will grow by the end of the month and that you will, in fact, make gains by investing in them. However, they all stand out from the rest of the market due to their technology, use cases, goals, and other aspects.

Plus, they are all seeing great price drops at the time of writing, due to the strong bearish wave. What this means is that their prices are going too low — lower than their actual value. This, in turn, means that they are bound to bounce back up in days to come. As soon as this bearish wave lets go, we expect most, if not all of these projects to recover significantly, which means that you should keep an eye on them and try to find the moment they hit bottom. If you invest at that point, any recovery will mean gains for you.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.

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