The cryptocurrency market appears to be consolidating, with Bitcoin (BTC) hovering just above $68,000. The market stagnation could be due to the sell-off anxiety caused by the recent $9 billion BTC transfer by Mt. Gox.
Still, you could see some positive market movement as we enter the final month of the quarter. Now, let’s take a look at three crypto assets under $1 in June 2024.
Top 3 Cryptocurrencies to Watch in June 2024
Pepe (PEPE):
PEPE has been one of the best performing cryptocurrencies of the last year. The asset reached an all-time high of $0.00001717 on May 27, but has since fallen by about 15%. PEPE is currently up 7.4% on the daily chart, 5.2% on the weekly chart, 44.6% on the 14-day chart, and over 129% month-on-month. Additionally, PEPE has risen by over 1,040% since the end of May 2023.
According to CoinCodex, PEPE could reach a new high in June 2024. The platform predicts that PEPE will rise over the next month and reach an all-time high of $0.00005077 on June 28, 2024.
BONK:
BONK is another cryptocurrency that has performed incredibly well in the last year. The Solana-based meme coin has risen over 40% on the 14-day chart and over 50.4% month-on-month. Additionally, the cryptocurrency’s price has risen 5467.8% since May 2023.
According to CoinCodex, BONK could clear zero next month and reach an all-time high of $0.000117 on June 28, 2024. Reaching $0.000117 from current levels would represent a growth of around 245%.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is another popular sub-$1 cryptocurrency that could hit new highs in June. SHIB has seen a significant surge in recent days, up 8.6% on the weekly chart and 18.5% month-on-month.
According to CoinCodex, SHIB could rise to an all-time high of $0.00008769 on June 28, 2024.