Altcoins
Top Altcoins That Will Turn $10 Into $100 This June!
With market leaders showing weak price action for about a week, the cryptocurrency sector appears to have entered a consolidated phase, suggesting a high possibility of a delay in the Altcoin season.
However, mid- and small-cap altcoins have shown increased price action this week, indicating a change in interest among investors in these altcoins.
Are you thinking of investing in mid-cap and small-cap altcoins to maximize your profits this month? Dive in because, in this article, we have covered the top 5 altcoins that have the potential to see an increase of up to 10x during this month.
ConstitutionDAO (PEOPLE):
The PEOPLE coin price has shown strong bullish action since the beginning of the year, indicating greater buying pressure for the altcoin in the cryptocurrency market. On the positive side, this altcoin has gained 32.38% in the last day, 372.86% in the last 30 days and 718% this year.
TradingView: PEOPLE/USDT
With a trading price of $0.10621, a circulating supply of 5.060 billion PEOPLE tokens and a market capitalization of $536.303 million, ConstitutionDAO price has secured the 137th position on the list of the global cryptocurrency market by capitalization of market.
The technical indicator, RSI, continues to remain above the overbought range, indicating strong bullish sentiment for the PEOPLE cryptocurrency. Furthermore, the average shows bullish convergence, suggesting that the price will continue to gain value in the coming times.
If the market sustains ConstitutionDAO price above the $0.09875 support level, the bulls will prepare to test its upper resistance level of $0.140. In a bearish reversal, the price could plummet towards the lower support level of $0.07560.
MAGA (TUMPET):
MAGA price increased by 20.85% in the last day and recorded a 2x increase in the last week. Furthermore, the altcoin has gained 273% in the last 30 days and has a year-to-date (YTD) return of 5,819.23%, indicating a bullish outlook for the TRUMP token in the coming times.
TradingView: MAGA/USDT
The Moving Average Convergence Divergence (MACD) shows a steady increase in the green histogram, highlighting increased buying pressure for the MAGA coin price. Additionally, the averages show an increasing pattern, suggesting a positive outlook for the altcoin over the next week.
If the bulls continue to gain value, TRUMP price will prepare to test its $24 upper resistance level. Conversely, if the bears get the better of the bulls, the price will lose momentum and fall towards the lower $9 support level this month.
Turbo (TURBO):
Turbo price continues to show bullish price action adding around 20% in the last day and 76% in the last seven days. Furthermore, it is up 1,386% over the past 30 days and has a YTD of 1,993.60%, making it one of the top picks for this list.
TradingView: TURBO/USDT
Despite the MACD recording negative price action on its price chart, the 50/200 day EMA highlights a strong bullish influence, suggesting mixed sentiment for the Turbo token in the coming times.
If the market sustains the price above the $0.0075875 support level, the bulls will test its upper resistance level of $0.009450 in the coming weeks. Negatively, a trend reversal could push the price towards the lower support level of $0.0045275.
Minati Coin (MNTC):
Built on the Ethereum chain, the Minati project is an emerging blockchain with huge potential in the Metaverse. Its native token MNTC is the backbone of the Minativerse ecosystem.
Despite seeing a correction of around 20% in the past hour, MNTC price has increased by 64.03% in the past day and 210.16% in the past seven days. Furthermore, it is up 1,003.67% in 30 days and has a YTD of 2,647%.
With a trading price of $19.90, a circulating supply of 6,275,000 MNTC, and a market capitalization of $125 million, Minati cryptocurrency has secured the 463rd place on the global cryptocurrency market list.
Andy (ANDY):
Inspired by the Pepe Memecoin, the Andy project is based on Ethereum and quickly gained momentum after its launch. At the time of this writing, the trading price of Andy tokens was $0.0002146, a circulating supply of 1 trillion Andy tokens, and a market capitalization of $214,567,861.
On the bright side, memecoin is up 16% in the last day and 82.63% in the last seven days. Furthermore, ANDY price has increased by around 300% since its inception, highlighting a bullish outlook for the coming period.
Conclusion:
Volatility in the crypto space is constantly increasing with a Fear Of Missing Out (FOMO)-like situation in the market. Furthermore, increasing speculation for an AltSeason could cause the market to head towards a new ATH in the coming times.
However, investing in lesser-known tokens is highly risky as they have high volatility. Make sure to “DYOR” before investing in any crypto asset.
Note: This article is not subject to financial advice and has been written for research purposes only. The tokens selected for this article were based on their historical market and social sentiment and were not intended for promotion.