Best staking tokens not to miss on May 24

Best staking tokens not to miss on May 24

By Milko Trajcevski - min read
Updated 21 March 2023
  • Cardano (ADA), NEAR Protocol (NEAR), and Ankr (ANKR) are some of the best tokens that you can get for staking.

  • Each token can be staked and has experienced some level of growth throughout the past few months.

  • Cardano’s trading volume increased by 50%, while NEAR’s trading volume increased by 27% in the last 24 hours.

Cardano (ADA), NEAR Protocol (NEAR), and Ankr (ANKR) are solid staking tokens that you can get.

On May 20, 2022, NEAR Protocol announced that Davos is hosting the annual World Economic Forum and in support, the NEAR community and the Sweat Community partnered up to encourage Davos delegates to track their steps and donate to the Free Ukraine Foundation.

Then, Ankr introduced advanced APIs for Web3 developers.

On May 24, 2022, The Cardano Foundation announced that they attended the House of Switzerland in Davos for the launch of the Home of Blockchain.swiss initiative. 

Should you buy NEAR Protocol (NEAR)?

On May 24, 2022, the NEAR Protocol (NEAR) had a value of $5.81296.

Looking at its ATH, NEAR Protocol (NEAR) had a value of $20.44  on January 16, 2022.

When we look at the performance last month, NEAR Protocol (NEAR) had its highest value on April 8 at $19.31, while the lowest value was on April 30 at $10.69. Here, we can see a decrease in value of $8.62 or by 44%.

With this in mind, NEAR is a solid buy as it can reach $10 by the end of June 2022.

Should you buy Ankr (ANKR)?

On May 24, 2022, Ankr (ANKR) had a value of $0.03905.

When we go over its all-time high, Ankr (ANKR) had a value of $0.213513 on April 16, 2021.

When we look at April’s performance, Ankr (ANKR) had its highest point on April 2 at $0.1019. Its lowest point was on April 30 at $0.06225. This was a decrease of $0.03965 or 39%.

At $0.0390, ANKR is at a solid entry point as it can climb back up to $0.1 by the end of June 2022.

Should you buy Cardano (ADA)?

On May 24, 2022, Cardano (ADA) had a value of $0.5146.

When we look at its all-time high, Cardano (ADA) achieved a value of $3.09 on September 2, 2021. 

Going over the token’s performance throughout the previous month, Cardano (ADA) had its highest point of value on April 4 at $1.2297, while its lowest was on April 30 at $0.7809.

Here we can see that the token decreased by $0.4488 or by 36%. With this in mind, we can expect the token to reach $1 by the end of June 2022, making it a solid buy.