The cryptocurrency market is gaining momentum after positive strides in the spot Ethereum (ETH) ETF (Exchange Traded Fund) arena. The US SEC (Securities and Exchange Commission) has asked exchanges interested in a spot ETH ETF to update their 19B-4 filings. Market sentiment took a turn for the better, with Bitcoin (BTC) reclaiming the $71,000 level. Moreover, the global crypto market cap has risen 8.3% in the last 24 hours, currently at $2.75 trillion.
With the market gaining momentum, let’s look at three crypto assets that could hit all-time highs in June 2024.
Top 3 cryptocurrencies that could hit all-time highs in June
Bitcoin (BTC):
BTC is inching closer to its all-time high of $73,737, which it attained in March this year. The asset is down by only 37.7% from its March peak. The original cryptocurrency has rallied more than 15% over the previous week and 9.5% over the last month.
According to CoinCodex, BTC could hit a new all-time high very soon. The platform anticipates BTC to surpass the $90,000 mark next month, hitting $90,906 on June 15, 2024. Reaching $90,906 from current levels would translate to a growth of about 28%.
Toncoin (TON):
TON has displayed incredible performance in 2024. The asset hit an all-time high of $7.63 on Apr. 11, 2024. The cryptocurrency is currently down by 13.3% from its April peak.
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According to CoinCodex, TON could hit a new all-time high of $9.21 by the end of this month. Moreover, the platform anticipates TON to continue its bullish trajectory in June, hitting $22.37 on June 18, 2024. Reaching $22.37 from current levels would translate to a growth of nearly 238%.
dogwifhat (WIF):
WIF is among the best-performing cryptocurrencies of the last year. The Solana-based dog-themed memecoin has climbed the charts at an incredible pace. WIF also hit an all-time high of $4.83 in March. The asset’s price has since fallen nearly 40%.
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However, CoinCodex anticipates WIF to reclaim its March peak. The platform predicts WIF to breach the $9 level in June, hitting $9.45 on June 18, 2024. Reaching $9.45 from current levels would translate to a growth of about 228.13%.
