(01 June 2024, 18:03 PM IST):
In the cryptocurrency market, the past 30 days have been particularly exciting. Memecoins and altcoins grabbed headlines as the market reacted to the bullish rally spurred by rumors and approval of the Ethereum Spot ETF. During this time, Bitcoin (BTC) reached a high of $71k, and Ethereum (ETH) climbed to $4k. Although Bitcoin is currently struggling to sustain its position above $71k, several altcoins are continuing to show impressive gains.
Here are the top five cryptocurrencies to watch out for potential gains this week:
1. Notcoin (NOT)
Notcoin (NOT), the new gaming token of the TON ecosystem, has been a standout performer recently. Following a successful airdrop, it has consistently dominated the market with impressive gains. Currently, Notcoin is trading at a resistance level of $0.01291. If it manages to break through this level, further gains are likely.
- Current Price: $0.01295
- Market Cap: $1.33 billion
- Last 7 Days Return: +162.67%
2. Jasmycoin (JASMY)
Jasmycoin, an Internet of Things (IoT) token, has been on a bullish trajectory. It recently broke out from an ascending triangle pattern, posting a 62.25% gain over the last 7 days. If Jasmycoin can surpass the $0.037048 price mark, it could see further increases.
- Current Price: $0.03448
- Market Cap: $1.69 billion
- Last 7 Days Return: +62.25%
3. Chiliz (CHZ)
Chiliz, the Layer-1 token, has shown strong potential. After breaking out at the $0.01507 level, it is currently in a retesting phase. A successful pullback could lead to significant gains, potentially up to 100%.
- Current Price: $0.1508
- Market Cap: $1.34 billion
- Last 30 Days Return: +26.69%
4. Ondo (ONDO)
Ondo, the Real World Asset (RWA) token, continues to thrive amid developments related to real-world asset integration by Blackrock. Ondo is currently testing a small resistance level; a breakthrough here could result in more substantial gains.
- Current Price: $1.27
- Market Cap: $1.76 billion
- Last 30 Days Return: +70.11%
5. Pepecoin (PEPE)
Pepecoin, a prominent memecoin, has been on a bullish run, recently reaching an all-time high of $0.00001718. The growing craze for memecoins could drive Pepecoin even higher in the near future.
- Current Price: $0.00001529
- Market Cap: $6.43 billion
- Last 30 Days Return: +141.33%
Keep an eye on these cryptocurrencies as they have shown strong potential for gains. As always, ensure to do thorough research and consider market conditions before making any investment decisions.