Here are some crypto coins that will steal the show in early June 2024:
1. Arbitrum (ARB): Arbitrum will unlock 92.65 million tokens on June 16, which is worth approximately $105.62 million. This token is part of Ethereum layer-2 which increases scalability and lowers gas fees (BeInCrypto).
2. Aptos (APT): On June 12, Aptos will distribute 11.31 million tokens representing 2.59% of its total circulating supply, worth approximately $102.69 million. These tokens are divided among foundations, communities, core contributors, and investors (BeInCrypto).
3. Starknet (STRK): Starknet will unlock 64 million tokens on June 15, with a value of approximately $78.08 million. This token is used to support Ethereum-based projects using zero-knowledge technology (BeInCrypto).
4.Solana (SOL): Solana has shown a significant increase in performance with a 22.4% gain against the US dollar over the last week. Its DeFi ecosystem is very active, with transaction volume reaching $890 million in the last 24 hours, indicating widespread popularity and adoption (Crypto Daily).
5.XRP: XRP, with a current price of around $0.54, has seen a price increase of 5.53% in the last 24 hours. Ripple, the company behind XRP, will launch a dollar-pegged stablecoin on its XRP Ledger and Ethereum platforms, which is expected to increase liquidity (Crypto Daily).
6.Ethena Stablecoin (USDe): Ethena offers a synthetic stablecoin backed by Ethereum and ETH derivative positions. USDe is designed to offer price stability and high yields compared to other stablecoins (coin bureau).
7.Ordinals (ORDI): Ordinals uses the Ordinals protocol to embed data directly into individual satoshis, creating a unique digital asset that can be valuable as a collectible or investment (coin bureau).
These coins show significant growth potential in the crypto ecosystem. Before making an investment, it is important to do in-depth research and risks.