As an analyst with a background in cryptocurrency and market trends, I find it intriguing to observe the dynamic nature of the crypto market. The recent events in June have brought about both successes and setbacks for various cryptos. While some, like Bitcoin and Ethereum, experienced significant price drops, others, such as Roost Coin, Pepe Unchained, Why, Hoppy, Non-Playable Coin (NPC), Kitty AI, and Trump Cat, have managed impressive gains of over 300%.
As an analyst, I’ve observed that June began positively for the crypto market, but after the second week, there was a significant shift in user sentiment from greed to fear. The primary cause of this change was the dramatic fall in Bitcoin‘s price from $71,000 to its current value of $64,952. This trend extended to other top-performing cryptocurrencies like Ethereum, Solana, and Binance Coin, among others. However, it’s important to note that not all cryptos have followed this downward trajectory; some have displayed bullish behavior, recording gains of over 300% during the month.
In this blog, let us discuss the seven top cryptos which have bagged more than 300%.
Roost Coin (Roost)
A meme coin with a rooster theme, Roost Coin, has been one of the most lucrative alternative cryptocurrencies this month, experiencing impressive gains of approximately 2003% within a single month. However, its current value falls significantly short of its previous peak at $0.07905, which was set two months ago, leaving a gaping disparity of around 80%. Presently, the ROOST coin is priced at $0.01599, reflecting a downward trend.
Pepe Unchained (PEPU)
As a crypto investor, I’m excited about Pepe Unchained because it’s not just a better meme coin, but also presents lucrative investment opportunities with attractive staking rewards. Unlike PEPE, which was launched on the Ethereum network and faces certain limitations, Pepe Unchained is built as a layer 2 network, providing superior security and faster transactions that outshine other cryptocurrencies in this space. In its presale stage currently, priced at $0.008, it has already raised over $200K in just a few days, demonstrating significant market demand. By investing now, you could potentially profit from a potential 300x increase once it’s launched.
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Why (WHY)
Why has seen remarkable growth in the past 30 days, with its value increasing by an impressive 646%. Currently, it is valued at a mere $0.00000009551. Despite being relatively new to the crypto market and starting off slowly, Why gained significant momentum around early June, reaching an all-time high of $0.0000001742. Although its price has since moved 45% away from this peak, it still stands out as one of the most profitable cryptocurrencies in June.
Hoppy (HOPPY)
Drawing inspiration from The Night Riders’ success, HOPPY has experienced a phenomenal surge, generating an impressive 468% return on investment amidst the market downturn. Currently priced at $0.00004973, HOPPY is descending from its all-time high ($0.0001001) reached just four days prior. The recent slide can be attributed to excessive buying of this token. A potential rebound may occur once the selling pressure subsides.
Non-Playable Coin (NPC)
As a researcher studying the cryptocurrency market, I’ve observed that Non-Fungible Token (NFT) prices have experienced a significant surge of 6% over the past 24 hours, surpassing the previous all-time high target of $0.0282. This milestone leaves only a modest 5% increase for NFT to reach its new peak. Since May, NFT has been consistently gaining momentum with occasional dips in between, making it a top performer among profitable cryptocurrencies this month.
Kitty AI (KITTY)
As a crypto investor, I’ve observed KITTI AI’s price action over the past few months with great interest. After a prolonged period of consolidation at lower prices, the token saw a significant surge in June, reaching an all-time high (ATH) of $0.01325 only a week ago. The appeal of Kitty AI lies in its unique combination of cat meme themes and advanced AI technology, making it a strong contender in the market.
Trump Cat (TRUMPCAT)
Amidst the buzz surrounding Trump-themed meme coins, TRUMPCAT has experienced a significant surge, recording a 403% increase over the past month. At present, TRUMPCAT is priced at $0.000000176. However, this value is relatively low. The most lucrative day for this meme coin occurred in April when it peaked at an impressive $0.000002107, outperforming other cryptocurrencies with its substantial gains.
As a researcher studying the crypto market, I’ve observed that meme coins have been the standout performers this year. These digital currencies, known for their unique and often humorous origins, have proven resilient amidst the challenging market conditions. Several new meme-based cryptocurrencies have demonstrated impressive growth in 2021. It will be intriguing to monitor their progress over the coming months before the potential bull run in the crypto market unfolds.
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2024-06-21 11:06