May Money Makers: Price Prediction For Logarithmic Finance (LOG), NEAR Protocol (NEAR) and Cardano (ADA)

With the onset of a new month and the first month of the new financial year behind us, this could be the perfect time to make new investments after tracing the market pattern. Following a general downfall across April, investors are confused about whether to buy the dipor refrain from trusting the crypto market altogether.

The trick, however, is to look at individual tokens that are suitable for a healthy crypto portfolio. Here are predictions for some noticeable tokens of the crypto market that is diversifying with every passing moment.

Logarithmic Finance (LOG)

Logarithmic Finance (LOG) is a new entry into the crypto market and is being increasingly noticed by analysts and investors. As of 26th April 2022, the token exhibited a hike in its value by 101.65% which is a green sign for those looking to secure their investments immediately. LOG is a layer-3switchingprotocol that links fintech investors and entrepreneurs while also lowering friction in their communication. It will provide a functional multi-chain cross-chainplatform to its investors. LOG’s main goal, according to their ambitious and promising whitepaper, is to bridge the gap between investors and innovators to enable the fintech industry’s overall growth.

Another novel feature is that the token holders can exchange the asset for NFTs which will help them expand their hold on digital assets. LOG could be the next big thing with its evolved features and positive performance hitherto. The token is in presale currently and hence, is available at discounted prices.

Another fresh token that will be worth checking out in May is Caprice Finance (CFT). The cryptocurrency is available in a limited quantity and has not experienced any price changes, which is good news for potential investors. CFT is a multi-chain platform with connections to major blockchain networks such as Ethereum, Binance, and Polygon Networks. It is currently in its presale period just like LOG.

NEAR Protocol

As of April 2022, NEAR Protocol has shown a downward trend in its value chart. The aspect worth noticing is that NEAR’s value remained relatively immune to the general market volatility. NEAR is native token of the NEAR Protocol and is a cryptocurrency held in complete transparency. Investors have developed trust as a result of the open information and NEAR Protocol’s excellent marketing method. As a result, NEAR is a reliable and successful token with significant long-term potential.

One of the biggest benefits of investing in NEAR tokens is that they have lower exchange costs and more liquidity than other tokens. This allows the investor to buy and sell while keeping up the pace with trends of the market.

Given NEAR’s current dip in price and relative stability, May could be the month for investing in NEAR tokens.

Cardano (ADA)

After its release in 2017, Cardano (ADA) saw its high-value days in September 2021 which is when it introduced new upgrades. Ever since then, the token has exhibited a downward trend which has repulsed the investors a bit. Although the token is set to make some improvements shortly, the bigger picture looks a little shaky from an investment point of view. Currently valued at $0.86, ADA is expected to touch the value of $1 in near future.

Although the market remains highly unpredictable, one may want to hold back from investing in Cardano (ADA) at the moment. Unless the investor is willing to put their faith in ADA for a long-term investment.