5 Potential Cryptocurrencies to Look Forward to in June

1.GALA

Gala allows developers to create custom tokens, smart contracts, and node networks. The project facilitates the docking 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.

2.ALT

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 rapid finality of 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 the Launchpool pool of different projects by re-staking to win future rewards. As an automatically compounded ERC20 shared token, reALT is able to 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 arranging in batches, and the long-term bullish potential is huge.

3. PEPE

PEPE is a meme coin. The price of Pepe has recently soared, reaching a high of $0.00001525. This growth has triggered investor optimism and is expected to grow further. The token aims to achieve a market value of $6 billion. Although it has fallen recently, this goal seems more achievable considering its recent performance.

As Pepe is on an upward trend, it continues to attract more investors. This is to be expected when the token reaches its all-time high. The increase in retail participation has further stimulated people's interest and investment in the project.

4. CBK

The general knowledge base drives the CBK ecosystem.Its native token runs on Proof of Work (PoW) consensus. It enables developers to build DApps that run seamlessly across multiple blockchain systems. This strategy enhances scalability and security measures.

This open source public blockchain project creates a peer-to-peer cryptoeconomic network where users can access secure blockchain services. It adopts a two-layer architecture: a base layer (general knowledge base) for consensus and smart assets and a computing layer for transactions.

5.XEC

eCash is a rebranded version of Bitcoin Cash ABC. It is a fusion of Bitcoin and Bitcoin Cash. The coin promotes itself as a practical “cryptocurrency for everyday transactions” and is very different from its predecessor.

The transition introduced notable changes, such as the adoption of “bits” as the base unit to simplify transactions. The protocol integrates a proof-of-stake consensus layer called “Avalanche”. The protocol is designed to enhance scalability and transaction finality.

Additionally, XEC supports Ethereum Virtual Machine (EVM) compatibility. It also facilitates interoperability with the Ethereum DeFi sector. The protocol’s infrastructure is designed as a public good, funded through a social contract. An ambitious roadmap outlines plans to standardize transaction ordering, Schnorr signatures and faster block propagation. It also includes UTXO commitments and adaptive block sizes to accommodate market-driven growth.

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