In June 2024, several cryptocurrencies are trending:
* Established players: Bitcoin and Ethereum continue to lead the market, with Bitcoin experiencing a significant price surge in 2024.
* Smart contract platforms: Ethereum's dominance in smart contracts is being challenged by alternatives like Cardano and Solana, which offer faster transaction times and lower fees.
* DeFi and Web3 tokens: Cryptocurrencies associated with decentralized finance (DeFi) and Web3 applications are gaining traction as these sectors grow.
* Stablecoins: Stablecoins like Tether and USD Coin remain popular due to their price stability, making them ideal for transactions.
