The metaverse and non-fungible token (NFT) sphere of the crypto space boomed in popularity as Yuga Labs, the team behind the Bored Apes Yacht Club, sold 55,000 NFTs and made $561 million through the primary mint and the secondary sales.
This has led to a lot of hype and interest surrounding metaverse tokens.
As such, today, we are going to go over why these metaverse tokens are worth buying on May 2: ApeCoin (APE), Render Token (RNDR), Illuvium (ILV), and Radio Caca (RACA).
Should you buy ApeCoin (APE)?
On May 2, 2022, ApeCoin (APE) had a value of $16.19.
When we go over the APE performance from last month, On April 7, 2022, APE had its lowest point of value at $10.65. The token’s all-time high was on April 28, with a value of $26.70.
This marked an increase in value of $16.05 or 150%. With this in mind, APE can reach $20 by the end of May, making it a solid buy.
Should you buy Render Token (RNDR)?
On May 2, 2022, Render Token (RNDR) had a value of $1.55.
When we look at its all-time high, Render Token (RNDR) had a value of $8.78 on November 21, 2021. This means that at its ATH, the token was $7.23 higher in value, or by 466%.
When we look at how the token performed last month, Render Token (RNDR) had its highest point of value on April 2 at $3.22.
Its lowest point was on April 30 at $1.26. Here we can see that RNDR decreased in value by $1.96 or by 60%. With this in mind, RNDR can reach $1.80 by the end of May.
Should you buy Illuvium (ILV)?
On May 2, 2022, Illuvium (ILV) had a value of $471.04.
Going over the all-time high of the token, Illuvium (ILV) had a value of $1,911.26 on November 30, 2021.
Taking a look at April’s performance, Illuvium (ILV) had its highest point of value on April 5 at $669.41.
Its lowest point was on April 29, when it was worth $463.81. This marked a decrease in value of $205.6 or 30%.
However, ILV has the potential for growth and can reach $500 by the end of May 2022.
Should you buy Radio Caca (RACA)?
On May 2, 2022, Radio Caca (RACA) had a value of $0.00106089.
Looking at the token’s all-time high, Radio Caca (RACA) had its ATH on November 14, 2021, at a value of $0.01191986.
Going over how the token performed in April, Radio Caca (RACA) had its highest point of value on April 1 at $0.00239.
Its lowest point, however, was on April 30 at $0.001089. Here we can see that the token decreased in value by $0.001301 or by 54% in April of 2022, which means that this is a solid entry point to buy the token.
This is due to the fact that RACA has the potential to reach a value of $0.003 by the end of May, making it a solid token to buy.
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Tagged: Analysis, crypto blog, Crypto news