Cryptocurrencies To Watch: Week of May 22


Keep an Eye on These Coins

Most cryptocurrencies’ prices dropped in the latest week. Bitcoin earlier was looking like it might cross the $30,000 mark, but it’s remained no higher than $27,000 at the start of a new week.

Investors likely will have to wait longer before the overall crypto market picks up. However, a few tokens stood out, posting double-digit gains amid positive developments. This week, we examine Render Token (RNDR), Synthetix (SNX), Mask Network (MASK), Injective (INJ), and XRP (XRP). In selecting these assets, we have considered several factors, including beneficial technical developments, significant news events, and noticeable changes in price.

Key Takeaways

  • Render Token (RNDR) is up by 30%, as some holders believe Apple’s Mixed Reality headset will help boost the adoption of the Render project and its features.
  • Synthetix (SNX) increased by more than 10%, likely because of a proposal to add the popular meme coin PEPE to its ecosystem.
  • Mask Network (MASK) is 13% higher, possibly in connection with an investment in The Open Network.
  • Injective’s…

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