- Polkadot is an open-source, sharded multi-chain protocol.
- Terra has been up 3.82% in the last 24 hours.
Let us look at the top 3 altcoins With Massive Potential in May 2022
Near Protocol (NEAR)
As a community-run cloud computing platform, NEAR Protocol addresses some of the restrictions that have hampered rival blockchains, such as low transaction speeds, low throughput, and poor compatibility. As a result, NEAR Protocol is a layer one blockchain. Recently, the price of Near Protocol (NEAR) had fallen by $41.5 percent from the $17.8 resistance level. Although it rebounded and, on May 1st, saw a 13 percent increase in the price, showcasing a considerable desire from investors.
According to CMC, the NEAR Protocol price today is $11.37 USD with a 24-hour trading volume of $1,211,268,214 USD. NEAR Protocol has been up 1.21% in the last 24 hours.
Polkadot (DOT)
In order to facilitate the transmission of any data or asset kinds, not only tokens, between chains, Polkadot is an open-source, sharded multi-chain protocol that links and protects a network of specialized blockchains. DOT has held its footing at the $14.4 level for nearly three months. At the $23.1 level, it has established a ceiling for the range.
According to CMC, the Polkadot price today is $15.03 USD, with a 24-hour trading volume of $610,103,930 USD. Polkadot is up 0.24% in the last 24 hours.
Terra (LUNA)
Global price stability may be achieved via the usage of a stablecoin that is tied to the fiat currency. With Terra, one has the stability of fiat currencies with the censorship-resistant features of Bitcoin (BTC) and rapid, low-cost payments, according to its white paper. The protocol’s stablecoins are pegged to the value of LUNA, Terra’s native currency. LUNA token holders may also propose and vote on governance ideas, making it a governance token.
According to CMC, the Terra price today is $83.00 USD with a 24-hour trading volume of $1,722,204,846 USD. Terra has been up 3.82% in the last 24 hours.
