As the bearish month of April comes to an end, the crypto community is looking forward to a potential bullish altcoin rally in May, especially after the Bitcoin halving event that occurred ten days ago.

Despite recent market volatility and the continued decline in altcoin prices, market observers expect a possible improvement in the situation next month. Given this optimism, analysts have identified five altcoins priced under $0.1 that they consider promising investments.

Shiba Inu (SHIB)

The 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 great potential for repeating past success, earned it a place on this list.

However, the Shiba Inu price could rise more than 350% and reach the $0.0001 range next month, based on its trajectory in 2021, which saw it quadruple in May. In the upcoming bull season, several market analysts suggest that the Shiba Inu is likely to repeat the history of 2021.

Vechain (VET)

VeChain (VET), currently hovering around $0.03895, is down 15% over the 30-day period. However, many market observers recommended this particular coin as a worthy investment asset.

Analysts have repeatedly highlighted VET's potential to reach $1 in this bull market, saying it is significantly undervalued and could potentially provide retail investors with multiple gains.

One of the most ambitious predictions for VeChain is that the asset will grow by 6061% to $2.4.

SKALE (SKL)

SKALE (SKL), a well-known small-cap altcoin priced under $0.1, is currently trading at $0.0842, having given up over 31.46% of its gains to the bears over the past month. SKL was one of the notable participants in the early bull run this season, rising 342% from its $0.0282 low.

Market analyst Michael van de Poppe recently mentioned SKL as a token with the potential to grow three times higher than Bitcoin, noting that it has relatively low risk.

Rubik (RBC)

As for Rubic (RBC), analyst Ali Martinez noticed an ascending triangle formation on the three-day chart. Martinez suggested that a close above $0.0445 could trigger a 70% rally, potentially pushing the asset towards $0.0767.

He advised considering buying before the breakout and placing coins for increased profits as the bullish target approaches.

BONK

BONK, Solana's famous meme coin, rose from a low of $0.00001257 on April 13 to $0.00002946, representing a 134% gain amid bearish volatility.

Despite Bitcoin's fluctuations this week, BONK has largely maintained its earnings, currently valued at $0.00002435.