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Cryptocurrency: Top 3 Coins Poised To Surge 200% This June

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Cryptocurrency: Top 3 Coins Poised To Surge 200% This June

The cryptocurrency world is basking in an exceptionally bullish market phase. With Bitcoin rallying and touching the $68K mark, altcoins have also responded well to the recent BTC’s price swell. In the middle of it, several meme coins have also emerged as one of the strongest contenders standing in the space, giving stiff competition to noteworthy crypto tokens.

As the bullish market onset continues to thrive ahead, several new coins are now ready to peak ahead, surging as high as 200% in June 2024. Exploring such coins can be particularly beneficial for those who are ready to embrace massive returns on their invested amounts.

Here are the top three coins that are ready to peak at 200%, as predicted by major crypto portals and platforms.

Also Read: Ripple: Expert Predicts A White Triangle Peak For XRP To $1.5 Next Week

Top Coins Ready To Surge 200% In June

Three coins blazing through the storm
Image Source: Watcher Guru

Cryptocurrency #1: Toncoin

Toncoin, popularly known as TON, is the current trending crypto coin, tackling the noteworthy crypto heavyweights in the space. The token is presently trading at the $6 price level, up 1% in the last 24 hours. TON has recently flipped Cardano to enter the top 10 trending crypto token race, which is dubbed a significant achievement for the token to accomplish as of late.

Per CoinCodex, Toncoin is projected to surge as high as 200% this June, which makes it a lucrative coin to hold and store in the long run.

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“According to our current Toncoin price prediction, the price of Toncoin may rise by 226.84% and reach $21.13 by June 28, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 72 (greed). Toncoin recorded 16/30 (53%) green days with 9.61% price volatility over the last 30 days.”

Cryptocurrency #2: Pepe

The Internet’s favorite frog-themed token, Pepe, shocked the cryptocurrency world by surging nearly 948% since its launch in 2023. The recent GME token surge also proved elemental for PEPE’s progression, as GME’s token rise compelled Pepe to establish a new price, ATH.

Per CoinCodex, Pepe is now poised for a massive 200% surge this June. If the predictions are right, the development can help Pepe trade at $0.00005136, helping it drop a zero from its valuation.

Also Read: US Dollar Dump: India & China To Trade With Maldives In Local Currency

“According to our current Pepe Coin price prediction, the price of Pepe Coin may rise by 222.45% and reach $0.00005136 by June 28, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 72 (greed). Pepe Coin recorded 18/30 (60%) green days with 28.20% price volatility over the last 30 days.”

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Cryptocurrency #3: Shiba Inu

The Shiba Inu ecosystem is dubbed an ever-growing ecosystem that is consistently working on expanding its base. The token is looking forward to introducing new elements in its ecosystem, which includes launching a potential ShibaHub and ShibaEternityP2E. With stellar community support and a thriving ecosystem ahead, the token is poised to encounter remarkable price growth in the near future.

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Per CoinCodex, Shiba Inu may peak as high as 200% this June to trade at a new price level of $0.00008998.

The price of Shiba Inu may rise by 223.33% and reach $0.00008998 by June 28, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 72 (greed). Shiba Inu recorded 14/30 (47%) green days with 4.37% price volatility over the last 30 days.”

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Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules

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Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules
Lawmakers are confronting rising pressure to modernize cryptocurrency tax policy as uncertainty clouds compliance, threatens U.S. competitiveness, and forces Congress to weigh legislative action amid warnings that capital and innovation could move offshore.
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Cryptocurrency becomes trendy holiday gift option

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Cryptocurrency becomes trendy holiday gift option

PHOENIX (AZFamily) — Cryptocurrency is appearing on more holiday wish lists as gift-givers look for alternatives to traditional presents.

A new survey from the National Cryptocurrency Association and PayPal shows 24% of Americans have given or are considering giving cryptocurrency this holiday season.

The survey also found that 17% of consumers would rather receive cryptocurrency than a gift card, and 31% of Americans believe crypto gifts are less likely to go unused than gift cards.

“It’s actually a trending holiday gift, especially compared to gift cards,” said Ali Tager, a spokesperson for the NCA. “We know crypto is becoming increasingly mainstream.”

Tager said people like receiving cryptocurrency because it has the potential to increase in value.

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“There’s so much you can do with this technology and it’s still in its early days,” she said.

Financial advisor Angelica Prescod said there are other investment options to consider for gift-giving.

“One of them is just gifting people something simple. Maybe some shares of some stocks that you may already have, that you are gifting over, or you can give them the cash to do so and open up their own account and feel involved in the process,” Prescod said. “For most folks [cryptocurrency] is not really the go to.”

Gift-givers can also contribute to 529 plans for college and other education expenses.

“It’s that gift that potentially can keep on giving,” Prescod said.

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For those still interested in giving cryptocurrency, experts recommend doing research first.

“Like with everything, anywhere, you always want to do your research. You want to make sure to verify your sources. You never want to take financial advice from strangers or click on random links that you receive,” Tager said.

The National Cryptocurrency Association offers a crypto simulator that helps users learn how to choose an exchange, set up a wallet, and send and receive cryptocurrency without spending real money.

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Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

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Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens
Visa is moving deeper into stablecoin-powered payments as adoption surges, launching a new advisory practice to help banks, fintechs, and enterprises design, assess, and deploy stablecoin strategies across global payment and treasury operations.
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