Expert Analysis: Top 3 Cryptocurrency Picks for May - Render, Shiba Inu, Retik Finance

Render (RNDR)

Render (RNDR) has recently seen a meteoric rise in its price, surging by a remarkable 40% within just a week, as reported by Coingecko.

Although it has lost most of its gains, Render has caught the attention of this crypto expert.

• The analysis reveals several prominent whales have been actively trading and accumulating RNDR tokens, signalling a bullish sentiment surrounding the native token.
• The recent surge in RNDR price is also attributed to the groundbreaking news shared by the Render network regarding OpenAI's launch of its GPT-40 model.

Shiba Inu (SHIB)

This Twitter expert's endorsement of Shiba Inu comes as the token has made notable strides in the market.

With SHIB currently trading on the upside, this expert investment choice is wise.

• One factor contributing to SHIB's recent momentum is the successful migration of ShibaSwap to the Shibarium blockchain.
• The absence of gas fees and exclusive deals offered through the Binance Marketplace further enhance the appeal of using SHIB for payments.

Retik Finance (RETIK)

Last on his list is Retik Finance (RETIK), a promising DeFi altcoin.

With the token listing on May 21 marking a significant milestone toward its price rally, this investor eagerly awaits the listing date to join in trading.

• The public presale, which took place in ten stages, saw rapid sell-off, making it one of the most successful presales in 2024.
• Retik Finance positions itself as a leader, aiming to transform decentralized finance by bridging the gap between fiat and crypto.