With PEPE and Gamestop performing at their best in May, which altcoins to keep an eye on for June? Discover the best altcoins with potential 100x gains for the month of June
.
The cryptocurrency market finally recovered this month after witnessing days of full correction. However, May is now running out and the excitement moves to June, as the market is expected to enter Bitcoin’s post-halving rally, which promises big gains on altcoins.
But which altcoins to target for June?
In this blog, we’ll discuss the altcoins with the most potential that could lead to 100x profits this June.
Table of Contents:
Ethereum (ETH)
The price of Ethereum is about to explode following the hypothetical approval of the spot Ethereum ETF by the SEC, which is expected shortly. After months of waiting, the decision is expected today, but the price of Ethereum started to rise a few days ago. At the time of writing, Ethereum is trading at $3,870.02, the highest value in recent weeks, targeting the $4K target. If the trend continues or, more importantly, if the SEC approves the Ethereum ETF, the price of ETH could rise to $6K
.
5th Scape
We are living in an era of cutting-edge technology, but we still don’t have an emerging company that can prove to be a point of reference in the domain of augmented reality (AR) and virtual reality (VR). Well, that’s not the case anymore. 5th Scape is a unified ecosystem that offers innovations in VR and AR, aiming to redefine these technologies for their optimal use. Its mission is to bring together the best minds in the industry. 5th Scape wants to make VR accessible to everyone, from beginners to professionals. In addition, it will develop VR headsets and AR gaming chairs, thus obtaining a dominant position in the market. 5th Scape is about to end its pre-sale, having already raised $6,175,136. Its current price is $0.00327
.
BONK
BONK is the perfect altcoin for June thanks to its enormous profit potential. Solana’s meme coin is in its recovery period, with the price rising 45% in a week. BONK is trading at $0.00003715 after a 16% increase over the past 24 hours. In addition, the meme coin is only 20% away from its all-time high of $0.00004704, reached just three months ago. BONK was in correction for weeks before finally starting a recovery two days ago. The coin is still bullish and could enter June with a new all-time high
.
NEAR Protocol (NEAR)
The development of artificial intelligence never stops, with the continuous involvement of technological leaders such as Elon Musk and others. That’s why AI coins like NEAR should be part of every investor portfolio. In addition, NEAR is among the top 20 cryptocurrencies according to CoinMarketCap, creating continued demand for the altcoin. This altcoin is slowly recovering; its price has increased by 10% in a month. At the moment, NEAR’s price is $7.94 and could target an all-time high of $20.42 within the
next month.
Dogwifhat (WIFI)
Dogwifhat is finally returning to its full potential after a correction last month. The meme coin had a hype in March, rising to a high of $4.85, and the same could happen based on current conditions. Dogwifhat is currently trading at $2.94, pointing to a peak similar to the initial days of launch. In addition, analysts believe in the potential of Dogwifhat, with high indications for the price of WIF that could
rise to $10.
Chainlink (LINK)
Chainlink‘s bullish nature makes it the perfect altcoin for big gains this June. With a 20% gain this week, LINK’s price is targeting a monthly high and is currently at $16.71. The altcoin is clearly up, targeting the $18.39 and $19.18 resistance zone to reach the $22 mark
.
Many other altcoins showed huge price gains this month and could continue the same trend for June. This includes cryptocurrencies such as BNB, Toncoin, PEPE, and many others. Portfolio diversification with promising altcoins could prove to be a winning strategy for maximizing gains in the
coming months.
Keep following developments in the cryptocurrency market to seize the best investment opportunities.
