Bull Run Alert in June

June is fast approaching, and with it comes the potential for a bull run in certain cryptocurrencies. Who are the lucky contenders?

The Telegram Ecosystem Deserves Close Attention

Since its release, Toncoin (Ton) has positioned itself as a cryptocurrency with strong potential. Currently trading at $6.46, TON has managed to break into the top 10 market rankings, surpassing heavyweights like Cardano. After nearly a 30% increase in May, CoinCodex predicts that this altcoin could gain 200% in June.

On the other hand, its competitor Notcoin ($NOT ) is also making waves after gaining 36% in value overnight. This upward trend, in place since the beginning of the week, may slow down with the RSI now in overbought territory. Nevertheless, a potential correction could allow the coin to regain strength and reach new heights in the coming weeks

Meme Coins Continue to Shake Up the Crypto World

The meme coin phenomenon is hard to miss. While frog-themed tokens continue to attract more investors, it’s the coins created by celebrities that are currently buzzing—for better or worse.

However, with the arrival of Ethereum ETFs, meme coins associated with this ecosystem are experiencing a true revival. As part of the ETH family, $PEPE E benefits from the overall capital influx while still gaining value whenever these humorous coins make headlines.

This situation could potentially double PEPE’s value next month, much like Shiba Inu, which also operates on Ethereum and seems to be enriching many traders at the moment.

Several Events Will Boost Altcoins

But that’s not all! June will also be rich in events that could reinvigorate the market. Chiliz ($CHZ ), which has seen exponential growth over the past week, could experience a surge as the UEFA EURO 2024 kicks off on June 14. CHZ serves as the native token and currency for a platform that creates sports-related tokens, and it tends to see increased buying activity during major sporting events.

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