With bitcoin’s price stable around $70,000, some altcoins, including Notcoin, Ethereum, Gamestop, and others, are preparing for 100-fold gains this June.
With the market marked by greedy sentiments according to the Fear and Greed Index, altcoins are in an advantageous position, making this the perfect time to fill up portfolios before the next rally. In addition, bitcoin’s dominance is returning to the average. The price of bitcoin is also rising and currently stands at around 71,000 dollars, suggesting the arrival of a favorable season for
altcoins.
Some cryptocurrencies like Notcoin and Gamestop have seen significant increases recently. In addition, the market capitalization returned to 2.63 trillion dollars and the trading volume is at 90.34 billion dollars after an increase of 12% in the last 24 hours. Under these bullish conditions, let’s analyze the 4 major altcoins ready for 100-fold gains this month
.
Gamestop (GME)
Gamestop continues to ride the meme coin wave after a 97% increase this week, bringing the value to $0.00968. In addition, the token’s market capitalization and trading volume are at $66,636,403 and $108,327,674 respectively thanks to significant previous gains. The meme coin has shown a similar rally in the past, doubling its current value. It is present in every investor’s portfolio because of its enormous growth potential
.
Notcoin
Notcoin is among the trendiest altcoins thanks to the incredible price performance of the last few days. It registered an increase of 131% in the last week, bringing the price to $0.02246 with a market capitalization of $108,327,674. Although the altcoin’s gains have been limited in the last 24 hours, network activity is still high with a 31% increase in trading volume. More importantly, it set a new all-time high of $0.02896 just three days ago, and as the trend continues, the price of Notcoin could rise
to $0.1.
Ethereum
Slowly but surely, Ethereum is moving forward to the best of its ability. The main altcoin could rise to $6,000 thanks to the approval of the Ethereum ETF by the SEC. This prediction comes from analyzing the growth pattern of the bitcoin ETF when it was approved. As Ethereum closely follows bitcoin’s price patterns, a similar rally is expected for this altcoin as well. At the time of writing, the price of Ethereum is $3,790.76, with a market capitalization of $455,436,596,577
.
JasmyCoin
JasmyCoin registered an increase of 101% in May, bringing its current price to $0.03856. Similar growth is also expected in June. The price of this altcoin is slightly bullish at the moment, and the 68% increase in trading volume to $503,653,734 will soon favor the recovery. JasmyCoin is at its best value of the year, but it’s nothing compared to its all-time high of $4.99 set three years ago. If the trend continues, JASMY’s price could reach $1 before targeting higher values
.
June marks the start of a favorable season for altcoins, and you can expect a profit zone starting this month. Before prices become extremely bullish, you should consider Ethereum, Notcoin, Gamestop, and others to make the best investment opportunities
this month.