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Best performing crypto in May 2023

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The global crypto industry witnessed an immense rise in April for around ten days, but it has been consolidating since the beginning of May.

The total crypto market cap has moved between $1.11 trillion and $1.13 trillion. Here are the top 10 best-performing cryptocurrencies, among the leading 100 assets, over the past 30 days.

According to data provided by CoinMarketCap (CMC), Pepe (PEPE) beats the list with a massive 127% rise over the past 30 days. However, the meme coin has been constantly dropping over the past two weeks, with a 6.4% drop in the past 24 hours.

Best performing crypto in May 2023 - 1
Top 10 cryptocurrencies in May | Source: CoinMarketCap

Moreover, the second-best of the top 100 coins is KAVA, with a 42.8% rise over the past month. Quite similarly to PEPE, KAVA has also been downward in the last 7 days — dropping by 8% in the mentioned timeframe.

According to CMC data, the third and the fourth-best performing coins are TRON (TRX) and IOTA (MIOTA). TRX and MIOTA have risen by over 12% in the past 30 days. While TRON’s price witnessed a 2.9% weekly fall, IOTA could gain a 20% surge.

Thanks to the rise in the global crypto market cap over the past week, Lido DAO’s token, LDO, could register not only a weekly increase but also a monthly hike. LDO has risen 6.7% in the past 30 days, making it the fifth best-performing asset. 

Furthermore, the last five tokens on the list are RPL, XRP, RNDR, BIT, and LTC, with smaller gains over the past month — rising 5.9%, 4.9%, 4.1%, 2.8%, and almost 1%, respectively.

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