Bitcoin

Cardano

Chiliz

MultiversX

While the majority of the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">cryptocurrency sector</a> starts to slowly recover, most digital assets taking their cue from the market’s heavyweights, Bitcoin (<a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) and Ethereum (<a href="https://finbold.com/cryptocurrency/ethereum/" rel="noopener noreferrer nofollow">ETH</a>), <a href="https://finbold.com/guide/cryptocurrency-trading/" rel="noopener noreferrer nofollow">crypto traders</a> and <a href="https://finbold.com/guide/what-is-investing/" rel="noopener noreferrer nofollow">investors</a> are trying to discern which <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrencies</a> are worthy of their attention in the first week of May.With this in mind, Finbold has examined the market, checking for the latest developments and success indicators related to some of the most promising <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> assets, and arrived at the list of the top five to pay attention to as the week of May 1 unfolds.<h2 id="header-0">MultiversX (EGLD)</h2>Formerly known as Elrond, MultiversX (<a href="https://finbold.com/cryptocurrency/multiversx-elrond/" rel="noopener noreferrer nofollow">EGLD</a>) has just announced <a href="https://twitter.com/MultiversX/status/1651484708943847425" rel="noopener noreferrer nofollow">listing</a> on the <a href="https://finbold.com/guide/best-cryptocurrency-trading-platforms/" rel="noopener noreferrer nofollow">crypto exchange</a> Upbit, in a move that could send its price rallying, as was recently seen with Floki (<a href="https://finbold.com/cryptocurrency/floki/" rel="noopener noreferrer nofollow">FLOKI</a>), the price of which <a href="https://finbold.com/flokis-explosive-40-surge-propels-it-to-the-top-100-cryptocurrencies/" rel="noopener noreferrer nofollow">soared</a> after listing by Binance.US, the American branch of the crypto trading platform <a href="https://finbold.com/review/binance-review/" rel="noopener noreferrer nofollow">Binance</a>, as Finbold reported.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/84774e3075a0443c8b70008bdc489955.PNG" />Meanwhile, MultiversX was at the time of publication changing hands at $44.44, recording a drop of 3.79% in the past 24 hours but writing down gains of 10.25% during the previous week and a slightly lower 3.05% in the last month, as the charts indicate.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8c59f291c6db4654abbc68c620291512.png" />MultiversX 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/multiversx-elrond/" rel="noopener noreferrer nofollow">Finbold</a><h2 id="header-1">OKB</h2>Following OKX’s <a href="https://twitter.com/okx/status/1651411207709155328" rel="noopener noreferrer nofollow">announcement</a> of a strategic partnership with <a href="https://finbold.com/topic/blockchain/" rel="noopener noreferrer nofollow">blockchain</a> security company SlowMist, <a href="https://twitter.com/okx/status/1647021548707119104" rel="noopener noreferrer nofollow">support</a> for Sui Network’s SUI, and the largest <a href="https://www.prnewswire.com/news-releases/okx-introduces-zk-stark-technology-to-proof-of-reserves-monthly-snapshot-shows-usd10-4-bln-in-btc-eth-and-usdt-301810586.html" rel="noopener noreferrer nofollow">upgrade</a> to its Proof-of-Reserves (PoR) yet, the crypto exchange’s native OKB (<a href="https://finbold.com/cryptocurrency/okb/" rel="noopener noreferrer nofollow">OKB</a>) token made a brief but significant rally before settling into its current price.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/24e7c20d8ad246ff8b3ff9eaab168bbf.PNG" />At present, the price of OKB is $47.49, declining 0.89% on the day and 10.91% over the week but witnessing an 11.59% increase during the last 30 days, with a chance of further strengthening due to the recent developments, as per the recent data retrieved by Finbold on May 1.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1f35ef0bad0f41198e5e050982f6cf05.png" />OKB 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/okb/" rel="noopener noreferrer nofollow">Finbold</a><h2 id="header-2">Bitcoin (BTC)</h2>After the brief drop caused by the massive sell-off, Bitcoin (<a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) is back trying to breach the psychological level of $30,000 and is about to close the fourth month in a row with a green candle, signaling that the <a href="https://finbold.com/guide/bull-market-definition/" rel="noopener noreferrer nofollow">bear market</a> is finally and officially over. Moreover, crypto analysts <a href="https://finbold.com/macro-update-for-bitcoin-where-are-we-and-wheres-btc-heading/" rel="noopener noreferrer nofollow">expect</a> to see it move toward $41,000 and $47,000.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f93cd2b0c8074f019a22edf8b097cecb.png" />Bitcoin price action. Source: <a href="https://twitter.com/BTC_Archive/status/1651901007125946370" rel="noopener noreferrer nofollow">Bitcoin Archive</a>Presently, the flagship decentralized finance (<a href="https://finbold.com/guide/liquidity-mining-definition/" rel="noopener noreferrer nofollow">DeFi</a>) token is trading at the price of $29,124, which is an increase of 0.73% on the day and a gain of 3.07% over the past week. In addition, Bitcoin has seen a climb of 6.72% in the last 30 days.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b73601dda5884416bc3f56b19ad9ed56.png" />Bitcoin 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/bitcoin/" rel="noopener noreferrer nofollow">Finbold</a><h2 id="header-3">Chiliz (CHZ)</h2>Earlier in March, sports utility crypto project Chiliz (<a href="https://finbold.com/cryptocurrency/chiliz/" rel="noopener noreferrer nofollow">CHZ</a>) announced the creation of a $50 million incubator and accelerator program called Chiliz Labs, which aims to assist Web3 projects in the gaming and entertainment sectors building on its blockchain, whereas the new Chiliz Sports Blockchain is expected to launch on May 10.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/01c4a9170e244e0689b7c3087ffcdc92.PNG" />At press time, the price of Chiliz stood at $0.13, demonstrating a 0.15% decrease in the last 24 hours, as well as a loss of 1.48% across the previous seven days, while growing 10.05% on its monthly chart, as per the most recent information.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/cb124ae5db854921bcb361fc9a2ef72c.png" />Chiliz 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/chiliz/" rel="noopener noreferrer nofollow">Finbold</a><h2 id="header-4">Cardano (ADA)</h2>Furthermore, as one of the <a href="https://finbold.com/top-3-cryptocurrencies-by-github-development-activity-in-past-30-days/" rel="noopener noreferrer nofollow">top three cryptocurrencies by GitHub development</a> in the past month, Cardano (<a href="https://finbold.com/cryptocurrency/cardano/" rel="noopener noreferrer nofollow">ADA</a>) is constantly going through innovation and development. Notably, one of the most recent positive events is the <a href="https://forum.cardano.org/t/announcing-the-stake-pools-chosen-for-april-2023/116922" rel="noopener noreferrer nofollow">revamping</a> of its ‘Architects of the Future‘ delegation strategy to foster growth, as well as the <a href="https://twitter.com/SebastienGllmt/status/1651617224468361216" rel="noopener noreferrer nofollow">announcement</a> of a new game from Dead Pxlz on the Cardano ecosystem.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/14f2277088fc4362bcaebaa0b97fa3c2.PNG" />In the meantime, the price of Cardano amounts to $0.40. This represents a 3.10% negative change on the day, and a 0.59% drop in the last seven days, whereas it is recording a 7.68% gain across the month, as the most recent charts suggest.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c87026088a9a43ff85153813abc7f062.png" />Cardano 30-day price chart. Source: <a href="https://finbold.com/cryptocurrency/cardano/" rel="noopener noreferrer nofollow">Finbold</a><h2 id="header-5">Conclusion</h2>It goes without saying that the further success of the above-mentioned digital assets will generally depend on the continuation of their teams’ positive development efforts and events directly relating to the cryptocurrencies themselves, as well as the outside factors, such as the general crypto market and macroeconomic sentiment.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

Cryptocurrencies to watch for the week of May 1, 2023

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