Top 9 Cryptocurrencies to Watch in June 2024

Navigating the world of cryptocurrencies can be overwhelming. To help you get started, here are the top 9 cryptocurrencies to consider for May 2024, based on market capitalization and prospect.

1. Bitcoin (BTC)

Market Cap: $1.4 trillion

Year-over-Year Return: 165%

The original cryptocurrency, Bitcoin's price has soared from $500 in May 2016 to around $70,913 in May 2024, a growth of 14,083%.

2. Ethereum (ETH)

Market Cap: $454.4 billion

Year-over-Year Return: 109%

Known for smart contracts and NFTs, Ethereum's price jumped from $11 in April 2016 to $3,783 in May 2024, a rise of 34,291%.

3. Binance Coin (BNB)

Market Cap: $90.3 billion

Year-over-Year Return: 99%

Used on Binance for trading and fees, BNB's price rose from $0.10 in 2017 to $612 in May 2024, a gain of 612,136%.

4. Solana (SOL)

Market Cap: $80.8 billion

Year-over-Year Return: 809%

Supports DeFi, DApps, and smart contracts. SOL's price surged from $0.77 in 2020 to $179.80 in May 2024, a gain of 23,250%.

5. XRP (XRP)

Market Cap: $30.0 billion

Year-over-Year Return: 18%

Facilitates exchanges on the Ripple network. Its price rose from $0.006 in 2017 to $0.54 in May 2024.

6. Dogecoin (DOGE)

Market Cap: $24.1 billion

Year-over-Year Return: 129%

Started as a joke, Dogecoin's price increased from $0.0002 in 2017 to $0.17 in May 2024, up 83,353%.

7. Toncoin (TON)

Market Cap: $22.2 billion

Year-over-Year Return: 250%

Originally for Telegram's platform, now enables fast, eco-friendly transactions.

8. Cardano (ADA)

Market Cap: $17.8 billion

Year-over-Year Return: 36%

Known for proof-of-stake validation, ADA's price grew from $0.02 in 2017 to $0.50 in May 2024, an increase of 2,401%.

9. FLock.io

FLock.io,is a pioneering Web3 startup committed to democratizing AI. With its recent $6 million seed funding, FLock.io aims to decentralize the training and governance of AI models, addressing the monopolistic control that a few tech giants currently exert.

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