Altcoins
4 Altcoins to Buy on June 11th for High Returns This Month
With the cryptocurrency market continuing to decline, many cryptocurrencies have fallen today, losing days of their gains. It is the result of the political and economic factors that influence this sector, but it is more of a correction that can shift the previous bullish conditions. Many altcoins, including BNB, Toncoin, Gamestop, etc., have peaked in the past week, and many more may peak in the coming days. In this regard, let’s take a look at four altcoins to buy today that can offer high returns this month.
Ethereum (ETH)
Ethereum is in a downtrend these days, reducing its value. At the time of writing, the Ethereum price
is $3,533, the lowest point in weeks. Although the value and market capitalization are declining, today the trading volume is increasing. It’s a perfect time as the value is dropping and it’s the largest among all altcoins, and with Ethereum ETF approved, the price may increase soon. Furthermore, the recovery is certain with the arrival of the altcoin season.
Notcoin (NOT)
Notcoin price is in correction after setting a new all-time high of $0.02896 just nine days ago. With the support of Telegram and Toncoin community, Notcoin has been in demand for days now. Not to forget, it presented good gains previously before declining recently. Analysts believe that the Notcoin (NOT) the investment can bring profits of 4000% based on its advertisement in the market. It is currently trading at $0.01636 with a market cap of $1,680,410,559.
Binance Coin (BNB)
BNB also recently witnessed a sharp increase, leading to an all-time high of $720.67. The altcoin is now only 15% away from ATH and BNB price
to $610.08 after a slight decline. With an expected target of $800, BNB price could rise further according to analyst predictions. Furthermore, the Binance Exchange the number of users has reached the 200 million mark, the highest for any centralized exchange, which may also impact the price of the BNB token.
Wormhole
Wormhole reached its peak in April, setting an all-time high of $1.61 before entering a downtrend. The trend is reversing for altcoins as the network’s activity is on the rise again and its trading volume has increased by 39% in the last 24 hours. Also, as per CoinmarketCapit has a market capitalization of $995,393,397 and a trading value of $0.5531.
June is the window on altcoin season, where the bulls will dominate the market, bringing more profits to investors. With limited days coming in the altcoin season, fill your wallet with highly profitable cryptocurrencies like Ethereum, Notcoin, etc.
Keep reading Top 10 Cryptocurrencies That Outperformed Bitcoin This Year