The drop in investor confidence has caused some trembling in the cryptocurrency market. According to CoinmarketCap, global market capitalization is in the decreasing range, dropping to $2.53 trillion following a 0.6% loss. In addition, the 10% decline in trade volume is another sign of a sluggish market. Nonetheless, many cryptocurrencies are still optimistic and may continue to do so for the rest of the month. Let’s talk about the cryptocurrency investments that will yield the highest returns this month.
Ethereum
Ethereum is not just the second-biggest cryptocurrency behind Bitcoin. Still, it’s also the greatest one to purchase right now because it will only get bigger. It’s because the Ethereum ETF was just recognized and approved by the SEC, and this recognition will propel the price to all-time highs. With a current price of $3,783.17, Ethereum is now seeing a rebound. It is expected that the market for this altcoin will change soon, and the price may cycle up to $6K.
FLOKI
Up until a few days ago, FLOKI, the meme coin based on a warrior dog, had a strong surge. But the price is on the rise once more, having increased by about 3% in the past day. As of this writing, $0.0002537 is the FLOKI price. This meme coin is currently only 26% of the way to its all-time high aim of $0.0003437. This month’s altcoin seasons could push the price up to the ATH.
Link Chain
As the price of LINK has increased by 4.74% over the past day, Chainlink has taken the first step toward becoming bullish this month. This makes it the ideal cryptocurrency to purchase now before the price goes too high. Right now, Chainlink is selling at $18.58, but according to Michaël van de Poppe’s estimates, it might rise by 150–300% in the following days.
PEPE
PEPE is an essential cryptocurrency to purchase, having created history last month by breaking many all-time high marks. Though the last few days have been rather negative for this frog meme coin, things are set to turn around as opinions are going to alter once more. PEPE was in the overbuying zone earlier, which caused the price to drop, but today, the price has increased by 6%. Additionally, the cost of PEPE is currently at $0.00001543, only 10% below its goal of $0.00001718, which is an all-time high.
These cryptocurrencies have indicated further increases since the beginning of the month. To that end, the best cryptocurrencies to purchase in June are Ethereum, FLOKI, Chainlink, and PEPE.
