Five cryptocurrencies that could make headlines in June
With the arrival of June, new opportunities are to be discovered or exploited in the cryptocurrency market. And on this occasion, analyst Michaël van de Poppe shared his 5 favorites for the month of June. So which altcoins could make it big in the sixth month of the year?
As you may have noticed, the Dutch analyst seems to have favored Ethereum-2 layers with two tokens of this type among the 5 highlighted cryptocurrencies. We will therefore retain the Optimism and Arbitrum projects with their respective OP and ARB tokens. Analyst Michaël van de Poppe therefore expects the price of these cryptocurrencies to rise.
The past few weeks have been tough for both Optimism and Arbitrum, but hope for recovery remains. For example, the end of May was encouraging for the price of ARB with a rise above the dollar to $1.11 this Monday, June 3rd. That with a monthly high near $1.30.
Here is the full list
In addition to the two second-tier cryptocurrencies, other tokens also include this list of tokens to watch in June. To borrow Michaël van de Poppe’s thoughts, altcoins ChainLink (LINK), Wormhole (W) and Woo (WOO) could also represent an opportunity to be seized.
These tokens have seen both good and bad over the past month so far with LINK and WOO rising while W is declining.
ChainLink is also one of those cryptocurrencies that often attract investors, with rising prices, interesting trading volume and some future potential.
After a more than positive last month, ChainLink is fast approaching the top 10 cryptocurrencies, settling comfortably in the 13th position. But still, the token is also close to $20.
Moral of the story: selective sorting, but also qualitative sorting for the analyst.
Disclaimer
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