The cryptocurrency market seems to be consolidating, with Bitcoin (BTC) hovering just above $68,000. The market stagnancy could be due to sell-off fears fuelled by Mt. Gox’s recent $9 billion BTC transfer.
Nonetheless, as we enter the last month of this quarter, we may witness some positive market movement. Hence, let’s look at three crypto assets under $1 for June 2024.
Top 3 cryptocurrencies to watch in June 2024
Pepe (PEPE):
PEPE is among the best-performing cryptocurrencies of the last year. The asset hit an all-time high of $0.00001717 on May 27 but has since fallen by around 15%. PEPE is currently up by 7.4% in the daily charts, 5.2% in the weekly charts, 44.6% in the 14-day charts, and more than 129% over the previous month. Moreover, PEPE has rallied by over 1040% since late May 2023.
Also Read: Top 3 Cryptocurrencies Under $1 That May Hit New Highs in June
According to CoinCodex, PEPE could hit new highs in June 2024. The platform predicts PEPE to rally throughout next month, hitting a new all-time high of $0.00005077 on June 28, 2024.
Bonk (BONK):
BONK is another cryptocurrency that has displayed incredible performance in the last year. The Solana-based memecoin has rallied by over 40% in the 14-day charts, and 50.4% over the previous month. Moreover, the cryptocurrency’s price has risen by 5467.8% since May 2023.
Also Read: Top 3 Cryptocurrencies to Watch This Weekend: Early June 2024
According to CoinCodex, BONK may delete a zero next month, hitting a new all-time high of $0.000117 on June 28, 2024. Hitting $0.000117 from current levels would translate to a growth of about 245%.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is another popular cryptocurrency under $1 that could surge to new highs in June. SHIB has witnessed a significant rally over the last few days, surging 8.6% in the weekly charts and 18.5% over the previous month.
According to CoinCodex, SHIB could surge to $0.00008769 on June 28, 2024, a new all-time high.