Crypto:
30205
Bitcoin:
$68.352
% 1.41
BTC Dominance:
%54.1
% 0.32
Market Cap:
$2.48 T
% 1.89
Fear & Greed:
72 / 100
Bitcoin:
$ 68.352
BTC Dominance:
% 54.1
Market Cap:
$2.48 T

Meme and AI Altcoins to Outperform Bitcoin in May: Analyst

Solana

Experienced crypto analyst Daniel Yan has predicted that three altcoin categories will outperform Bitcoin (BTC) in May.

Yan, co-founder of Matrixport and founder of Kryptanium Capital, shared his insights on the dynamics of the crypto market in a recent post. He expects the market to remain subdued until May 15, with US CPI data being a key determinant of the atmosphere in the second half of the month.

However, Yan believes that the Solana (SOL) category, the AI category, and the meme coin category will outperform Bitcoin in May:

May will continue to be a very macro month for crypto. The market is expected to remain more subdued from now until May 15, and the CPI data for the day will set the tone for the second half of the month.

My top picks for catch-up plays are the Solana category, the AI category, and the meme coin category; they should outperform Bitcoin in May.

According to CoinGecko data, Solana is up 3% in the last 24 hours, popular meme coin Pepe (PEPE) is up 3%, and AI-focused Render (RNDR) is up 9%.

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