Memecoins
Top 3 Memecoins Expected to Explode in June
After yesterday’s significant rally, the cryptocurrency market appears to have cooled down again. Bitcoin (BTC) fell to the $69,000 level, while the global market capitalization fell to $2.72 trillion. The rally was fueled by positive movements in the Ethereum (ETH) exchange traded fund (ETF) spot debate. The SEC (Securities and Exchange Commission) has asked exchanges interested in the ETF to update their 19b-4 filings. However, the move did not mean total approval, but led to a market correction.
Despite the slight correction, we could see some assets explode in the coming weeks.
Top 3 meme cryptocurrencies that could explode in June 2024
Pepper (PEPE):
Pepe is among the best performing crypto assets in the last year. The frog-themed memecoin hit an all-time high of $0.00001441 on Thursday, May 23, 2024. However, analysts predict that the memecoin will continue its bullish trajectory for at least the next few weeks.
Read also: The 3 main cryptocurrencies that could reach all-time highs in June 2024
According to CoinCodex, PEPE could rise to $0.00004858 on June 20, 2024. Reaching $0.00004858 from current levels would result in a growth of around 242.3%.
Changelly also expects PEPE to continue its rally in June. The platform predicts that the cryptocurrency will reach a new all-time high of $0.00003749 on June 18, 2024.
dogwifhat (WIF):
WIF is another cryptocurrency that has shown stellar growth in recent months. The Solana-based memecoin hit an all-time high of $4.83 on March 31, 2024. However, CoinCodex expects WIF to cross the $10 mark next month. The platform expects WIF to reach $10.03 on June 19, 2024. Reaching $10.03 from current levels would result in growth of approximately 235.45%.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrencies on the market. The dog-themed cryptocurrency witnessed a massive price surge in March, following BTC’s climb to a new all-time high. However, SHIB price has struggled to gain momentum in recent weeks.
Read also: Shiba Inu: The 3 main things that can bring the SHIB to $0.001
According to CoinCodex, SHIB could reach a new all-time high of $0.00008625 on June 20, 2024. Reaching $0.00008625 from current levels would result in growth of around 239.1%.
