As the bearish April month draws to a close, the crypto community is eagerly anticipating a potential altcoin bull rally in May, particularly following the Bitcoin halving event that took place ten days ago.

Despite the recent market volatility and the continued slide in altcoin prices, market watchers are eyeing a possible turnaround in the coming month. Given this optimism, five altcoins priced under $0.1 have been identified as promising for investment.

Shiba Inu (SHIB)

Shiba Inu, currently trading at $0.00002397, has lost 21% of its value in the last 30 days. However, its position as the second most valuable meme coin, as well as its strong potential to replicate past success, have earned it a spot on this list.

It has been noted that Shiba Inu’s price could potentially soar by over 350% to enter the $0.0001 range next month, based on its trajectory in 2021. It has been suggested that it may likely repeat its 2021 history in this emerging bull season.

VeChain (VET)

VeChain (VET), currently hovering around $0.03895, has experienced a 15% decline in its 30-day performance. However, multiple market observers have recommended VET as a worthy investment asset.

There are projections suggesting that VET could reach $1 in this bull market and even potentially soar as much as 6,061% to $2.4 in the future.

SKALE (SKL)

SKALE (SKL), a notable low-cap altcoin under $0.1, currently trades at $0.0842 and has relinquished over 31.46% of its gains over the past month to the bears. Despite this, it was among the notable performers in the earlier phase bull run this season.

Market analyst Michaël van de Poppe has noted SKL's potential for a three-fold expansion against Bitcoin, highlighting it as a lower-risk option.

Rubic (RBC)

Analyzing Rubic (RBC), analyst Ali Martinez observed an ascending triangle pattern forming on its 3-day chart. It has been suggested that a close above $0.0445 might trigger a 70% surge, potentially pushing the asset to $0.0767.

It has been advised to consider purchasing before the breakout and stake the coins for amplified gains as the bullish target approaches.

BONK

BONK, a notable Solana meme coin, made a significant resurgence in the crypto market. Despite fluctuations in Bitcoin’s performance, BONK has retained its gains, currently valued at $0.00002435, marking a 134% gain amidst bearish volatility.