The cryptocurrency market seems to be entering another slump, with Bitcoin (BTC) falling below $68,000. The global crypto market cap has dipped by 2% in the last 24 hours, currently at $2.67 trillion. The market dip could be due to Mt. Gox’s recent transfer of $9 billion worth of BTC. The exchange will likely return creditors their holdings, which they lost in a 2014 hack. The development has led to fears of a sell-off, leading to a market dip.
With that said, let’s look at three crypto assets to watch this weekend.
Top 3 cryptocurrencies to watch this weekend
Shiba Inu (SHIB):
SHIB has faced a 6.7% correction in the daily charts, but the asset has made significant gains over the last few days. SHIB has finally entered the top 10 cryptocurrencies by market cap, overtaking Cardano (ADA). The asset is up by 5.5% in the weekly charts, 7% in the 14-day charts, and more than 12% over the previous month.
Also Read: Top 3 Cryptocurrencies Under $1 That May Hit New Highs in June
According to CoinCodex, SHIB could surge to $0.00003134 on Sunday, June 2, 2024. Moreover, the platform anticipates SHIB to continue rallying throughout the month.
Pepe (PEPE):
PEPE is among the best-performing cryptocurrencies in the last year. The asset has swiftly climbed the charts and is currently the 23rd-largest crypto project by market cap. PEPE recently hit an all-time high of $0.00001717. However, the memecoin’s price has since fallen by around 20%.
According to CoinCodex, PEPE’s price could surge to $0.00001661 on Sunday, June 2, 2024.
Toncoin (TON):
TON is another cryptocurrency that has displayed stellar growth in 2024. Although TON has faced a correction over the last few days, the asset is predicted to hit a new all-time high in June.
According to CoinCodex, TON will hit $7.32 on Sunday, June 2, 2024. Moreover, the platform anticipates TON to hit a new all-time high of $22.10 on June 27, 2024.