Hi, Insight Readers. Excessive amounts of market sentiments showed during the month of May. At one point we saw crypto projects move rapid gains, and the next thing we knew they were sliding into the abyss. Some assets reversed gracefully handling the volatile market in sideways directions. Whether you are going long or short-selling, it is undeniably difficult to shake off significant losses.
On a positive note, one asset distinctly withstand the fall of May.
Polygon (MATIC) did not just give us little bitty earnings, it gave more by having three-digit gains. During the beginning of May MATIC had a €3Billion market cap, and by month-end it soared to €9Billion. The asset proves strong fundamentals and a supportive community of investors, including billionaire businessman Mark Cuban.
Cardano (ADA) and Cartesi (CTSI) are among the assets that performed well.
Cardano surged after Elon Musk tweeted environmental concerns caused by Bitcoin’s energy needs and ending the program that allows people to buy Tesla using BTC.
While for Cartesi, the asset’s expansion among recognized crypto exchanges- Coinbase, Huobi, Crypto.com to name a few- are making way to push through massive adoption and growth.
Despite the fact that the remaining Proof-of-Stake coins have negative returns for now, MyCointainer is still positive that these assets can shape the crypto world by utilizing a much more energy efficient approach, and strip off barriers to entry into the validation process. Earn passively by staking and anticipate a rebound all in good time.
List of top 10 interest earning assets that are available on MyCointainer Platform can be found below:
Top 10 Performing Interest Earning Coins this month:
- Polygon (MATIC) + 154.59 %
- Cardano (ADA) + 27.04 %
- Cartesi (CTSI) + 15.10 %
- Neutrino USD (USDN) + 0.01 %
- Divi (DIVI) - 6.17 %
- Ethereum (ETH) - 8.78 %
- Kusama (KSM) - 12.95 %
- Horizen (ZEN) - 14.39 %
- Decred (DCR) - 19.07 %
- Qtum (QTUM) - 19.32 %
Interest earned on those 10 top crypto assets this month:
- Polygon (MATIC) + 3 MATIC
- Cardano (ADA) + 0.35 ADA
- Cartesi (CTSI) + 11 CTSI
- Neutrino USD (USDN) + 1 USDN
- Divi (DIVI) + 50 DIVI
- Ethereum (ETH) + 0.00053 ETH
- Kusama (KSM) + 0.0028 KSM
- Horizen (ZEN) +0.014 ZEN
- Decred (DCR) + 0.0033 DCR
- Qtum (QTUM) + 0.041 QTUM
MyCointainer’s June edition bonus is dedicated to MATIC holders. We're giving out 3000MATIC rewards for new validators. Users can participate either by deposit or delegation. Same mechanics applies and the rewarding system is pro rata to the amount of your contribution to MyCointainer’s pool. Promo runs until the end of June. Stake and earn more!
Happy staking everyone.
