Tech
Top Cryptocurrencies Likely to Produce 100X Gains in June 2024
The overall cryptocurrency market sentiment is bullish, with the Index of fear and greed at 73, reflecting greed among market participants. With the bullish momentum, altcoins are well positioned for significant gains, so now may be the best time to accumulate coins in anticipation of the next big rally.
Also, The price of Bitcoin found some stability above $69,000, suggesting an imminent altcoin rally.
Surprisingly, some altcoins, such as Notcoin and Gamestop, have recently seen impressive gains. Furthermore, the overall capitalization of the cryptocurrency market has increased $2.7 trillionwith trading volume up 58% in the last 24 hours.
Based on these bullish sentiments, we highlight top cryptocurrencies that could produce 100X gains and a hidden gem is listed below.
Major cryptocurrencies are poised to reap impressive gains
GME (GME) – The king of Wall Street
The hype surrounding meme coins seems to become even more significant with the revival of Gamestop as a recent proof. Gamestop (GME) stands out as one of the best-performing meme coins of 2024, with strong community support.
Surprisingly, Gamestop Corp (NYSE:GME) stock price rallied after Keith Grill, also known as Roaring Kitty, revealed its activities and commercial positions. This rally has infected the Gamestop meme coin (GME), triggering massive demonstrations.
At 6:48 EST, GME is trading at $0.0126, up 218.3% in the last 24 hours. Its trading volume increased by 1259.16% in the last 24 hours, demonstrating huge buyer interest in the token.
Given the bullish sentiment, GME is one of the altcoins set to reward investors due to positive investor sentiment.
Notcoin (NOT) – The Telegram sensation
With a notable increase of over 270% in the last week, Notcoin is among the biggest gainers in the cryptocurrency market. DO NOT trade in $0.02255an increase of 18.26% in the last 24 hours.
Surprisingly, Notcoin reached a new all-time high of $0.02896 today. Notcoin’s surge is likely due to its status as a pioneer of token mining Telegramwhich has over 35 million users.
The decrease in circulating supply through staking has also increased scarcity and encouraged price increases. Additionally, approximately 18 million tokens were burned to reduce selling pressure.
Binance’s support also strengthens Notcoin’s market position. Given its performance, investors speculate that Notcoin (NOT) could reach $0.1 if the positive price momentum continues in the coming weeks. Therefore, Notcoin is another token worth keeping in an investment portfolio.
Ethereum (ETH) – The top-rated Altcoin
Ethereum still maintains its status as the leading altcoin in the cryptocurrency market. With the SEC’s approval of its spot ETFs, Ethereum is preparing for its best possible performance. Ethereum traded at $3,807, with an 18% increase in trading volume over the past 24 hours.
Based on renewed investor interest in Ether spot ETFs, Ethereum is poised to surpass its all-time high soon. Ethereum is therefore one of the cryptocurrencies to watch in 2024.
JasmyCoin (JASMY) – The data-driven token
JasmyCoin surged 101% in May, confirming massive investor interest in the token. A similar trend is expected for June. The price of JASMY is $0.03607up 3.64% in the last 24 hours.
Although JasmyCoin is still far below its all-time high of $4.99, $1 will be the likely target of the next bull cycle. Therefore, JASMY has high growth potential, making it one of the best altcoins for this bull cycle.
As investors consider the best altcoins in 2024, focused on artificial intelligence cryptocurrencies like WienerAI are ready to lead the next bull rally.
WienerAI (WAI) – The artificial intelligence revolution is here
WienerAI is an innovative project that combines artificial intelligence with cryptocurrency trading with beginner-friendly features. It aims to create a new world where artificial intelligence combines companionship and profit.
Furthermore, WienerAI envisions a world in which humans see AI not just as a tool but as a friend to collaborate with in commerce. With seamless trading, zero commissions and MEV protection, WienerAI is likely to become one of the best ecosystems in 2024.
The WienerAI presale is underway and over $4 million has been raised. Each WAI token is currently trading at $0.000713 and can be purchased with ETH, USD, or a bank card.
Furthermore, WAI is an ERC-20 token built on the Ethereum blockchain, where many top-performing tokens are hosted. Its total supply is capped at 69 billion tokens, smaller than popular projects like Shiba Inu.
Therefore, WAI is well positioned to rise in the cryptocurrency market. With the next bull run on the horizon, accumulating promising altcoins is a prerequisite for massive gains.
Before the bull wave runs its full course, check Wiener AI, NOT, Gamestop, Ether and other promising altcoins and fill your wallet this June. But remember, it is essential to properly research and understand the cryptocurrency market and its volatile nature.
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