ChatGPT highlights the best cryptocurrencies of May

Note: not investment advice!

Cryptocurrency analysts turned to ChatGPT artificial intelligence to help the neural network identify the best altcoins of May. The chatbot identified a cohort of the most promising ones:

Ethereum (ETH)

Ethereum ETH $2,909.08 Bridged Ether (StarkGate) 7.60% Market capitalization $0.24 billion VOL. 24 hours $2.1 billion remains the leader thanks to the blockchain team’s constant work on improving the technical aspects of the project. An important event for Ethereum in May is the approaching deadline for a number of applications to launch spot ETFs on ETH in the United States, although there are doubts about their approval by US regulators.

Solana (SOL)

Solana SOL $196.79 Solana 4.61% Market capitalization $92.8 billion VOL. 24 hours $0.86 billion offers high transaction speeds, making it an attractive choice for transactions that require high throughput. The recent hype around meme tokens launched on the Solana network has increased investor interest, despite news that half of the pre-sales of tokens on Solana were fraudulent.

Aave (AAVE)

Aave AAVE $184.33 Aave 7.93% Market capitalization $2.76 billion VOL. 24 hours $96.02 million , a blockchain-based DeFi protocol, is attracting investors with its innovations in decentralized finance, including flash loans and interest rate stabilization mechanisms.

Cosmos (ATOM)

Cosmos ATOM $4.56 Cosmos Hub 2.70% Market capitalization $1.78 billion VOL. 24 hours $12.82 million has a strong position due to its multi-chain structure, which allows blockchains to «communicate» with each other, which increases interest in the project’s tools.

Starknet (STRK)

The Starknet platform, with its scaling tools that do not compromise the decentralization of projects, is attracting dApps and financial instruments developers.

Nexo (NEXO), Telcoin (TEL), and Stacks (STX) are also mentioned by GhatGPT as attractive lkz altcoins this month, although Nexo and Telcoin are rated as less attractive among the analyzed crypto assets.

The No Worries editorial team informs readers that this article is for informational purposes only. We strongly advise against investing in dubious crypto projects and little-known digital assets!