The cryptocurrency market is constantly changing its course and is busy introducing new trends and narratives that will redefine its future. With new altcoins constantly emerging, the top three pedestals are constantly rising and shifting, giving users the opportunity to try out changing concepts. Here are our latest picks of trending altcoins that investors must keep an eye on to reap great results and rewards.
Also read: Currency: Indian Rupee trumps US Dollar today
Top 3 Altcoins to Watch in June!
Cryptocurrency #1: Solana
Solana has been stable for a long time, trading at a price level of $160 to $170. SOL then hit the $200 price level in March. This rise was fueled by the meme coin craze that SOL encountered this season.
However, experts say Solana is close to breaking out of its long-term consolidation trend again and establishing a bullish price trend. A recent TradingView report echoed similar sentiments, adding that a breakout for SOL is looming in the second half of 2024.
This development makes Solana especially lucrative for investors and stakeholders: According to CoinCodex, Solana could surpass the $190 price level in June 2024, bringing a wave of profits for holders.
“According to our current Solana price forecast, Solana price is predicted to rise by 15.26% to reach $191.54 by July 3, 2024. According to our technical indicators, current sentiment is neutral, while the fear and greed index is reading 73 (greed). Solana has recorded 12/30 (40%) green days with a price movement of 7.36% in the past 30 days.”
Cryptocurrency #2: DogWifHat
Solana’s dog-themed token, WIF, garnered a lot of attention upon its launch and quickly skyrocketed to trading at a price level of $3. The token is showing bullish momentum and we expect it to explode any day now.
According to CoinMarketcap, WIF is currently trading at $3.44 in the past 24 hours, up 6%, and several analytics platforms are already predicting a significant increase in WIF price given its growing popularity in the cryptocurrency world.
Related article: ASEAN countries make $16 billion profit in Indian stock market
According to CoinCodex, WIF could smash the previous milestone of trading at $10 by the end of June 2024.
“According to our current Dogwifhat price prediction, the price of Dogwifhat is predicted to rise by 233.45% to reach $10.86 by July 3, 2024. According to our technical indicators, current sentiment is neutral, while the fear and greed index is reading 73 (greedy). Dogwifhat has recorded 11/30 (37%) green days in the past 30 days, with a price volatility of 9.21%.”
Cryptocurrency $3: Floki Inu
Floki Inu is a promising cryptocurrency token that has been gradually gaining momentum over the long term. The token has already launched several marketing campaigns internationally, especially in Dubai, to boost its prospects. At the same time, Floki Inu is now considered a trending cryptocurrency token after launching a trading bot on Telegram.
Floki Inu is also expected to surge 200% by the end of June, according to CoinCodex.
“According to our current Floki Inu price prediction, Floki Inu price is predicted to rise by 228.26% to reach $0.000818 by July 3, 2024. According to our technical indicators, current sentiment is bullish, with the fear and greed index reading 73 (greed). Floki Inu has recorded 14/30 (47%) green days in the past 30 days, with price volatility being 15.65%.”
