May is coming to an end, but the upcoming June is full of possibilities. June will not only have various important events, but will also be a golden period for the investment market.
In the coming June, we will witness a series of exciting events. First, the grand Apple Developer Conference will be held on June 10, where many innovative products and technologies will be unveiled, leading the technological trend.
In addition, the highly anticipated GPT-5 will also be released this month, which will bring new breakthroughs to the field of artificial intelligence. At the same time, the European Cup will also ignite football passion, and football concept stocks such as CHZ and Lazio will also be hotly sought after by the market.
In the investment market, the BTC ETF had a net inflow of about $45 million yesterday, and Grayscale's GBTC had an outflow of about $100 million, but BTC still fluctuated around 68,000. In the coming June, we expect the market to show new vitality and opportunities. Whether it is technology, sports or investment, there are countless highlights to look forward to.
June is destined to be an extraordinary month. Let us look forward to and witness these important moments together!
4 Cryptocurrencies with 100x Bull Market Potential Ready to Explode!
1.LINK
The oracle token with a market cap of $10.78 billion has seen a bullish trend along with the rise of the DeFi sector. LINK price reversed from the $13.13 support level and is up 40% in the past 14 days.
As per the trend based Fibonacci levels, the recovery rally is currently close to the 50% Fibonacci level. Moreover, the 50D and 200D EMA avoided a bearish crossover and reignited the bullish trend.
As the bull run approaches the $20 mark, the likelihood of a rise in LINK token price increases amid a broader market recovery. In this scenario, the bull run could peak at $34 in June.
2.RUNE
RUNE price has gained 28% in the past 28 days as the bullish recovery appears. Moreover, the double bottom pattern at the 50W EMA also indicates an improvement in the underlying sentiment.
According to the Fibonacci levels, the 23.60% level is a solid support and the bulls will challenge the 38.20% level. In addition, the RUNE price has a rounding bottom reversal at the weekly 50W and 200W EMAs with a golden cross.
As demand improves in the DeFi space, RUNE price might reach the 50% Fib level of $10. Moreover, a breakout rally might reach the $15.49 level by the end of June.
3. HIM
UNI price action shows a bullish reversal from the 50W EMA, challenging the overhead resistance trendline. This increases the possibility of a trend reversal in the DeFi token.
UNI price surged by a massive 46% last week and the bullish engulfing candle increases the probability of higher prices. As buyers anticipate a bullish breakout above the overhead resistance trendline, UNI price trend is expected to reach $20 in June.
3.GALA
Gala allows developers to create custom tokens, smart contracts, and node networks. The project facilitates the integration of assets with other blockchains such as Ethereum and Binance Smart Chain. The Gala ecosystem relies on an independent node network to incentivize community participation.
The Web3 ecosystem is driven by the layer 1 blockchain GalaChain. It was originally tailored for Gala's entertainment ecosystem, including Gala Games, Gala Music, and Gala Movies. It aims to empower global users and envisions becoming the first blockchain with a billion users. Innovators can leverage GALA's SDK and Creator Portal to extend the benefits of Web3 to their communities.
4. EVERYTHING
AltLayer is an open and decentralized Rollups protocol that brings together the novel idea of Restaked rollups, which takes existing rollups (derived from any rollup stack such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and fast finality for the crypto economy.
AltLayer has become the largest AVS node of EigenLayer, showing the strong performance of ALT tokens in staking and ecosystem. ALT users can obtain basic rewards by staking ALT tokens, and participate in Launchpools of different projects by re-staking to win future rewards. As an automatically compounded ERC20 shared token, reALT can capture users' ALT staking contributions and accumulate compound rewards. At present, the current price of ALT tokens is between 0.29-0.27. Investors can consider deploying in batches, and the long-term bullish potential is huge.
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