As altcoins have entered a new bull market with strong fundamentals in 2021. Since the beginning of this year they have been on fire, attracting a lot of new eyeballs.
At the same time, there are over 4000 altcoins available in the marketplace but choosing the right one is a little difficult. You don’t want to risk your investment so you landed on this article. This is also one of the qualities of a smart investor, doing authentic research before getting into it.
Yes, definitely you’re in the right place.
This article will thoroughly guide you about:
- Top 5 altcoins to buy in June 2021.
- Current price of each altcoin and their all-time high.
- What are the expert’s predictions?
Let’s get started.
Here are the top affordable and favorite altcoins that you can invest in to minimize the risk in 2021:
- Ethereum.
- Litecoin.
- Binance coin.
- Cardano.
- Stellar.
1. Ethereum:
Ethereum is the second most eminent cryptocurrency, after bitcoin with a market cap of $291.796 billion at the time of writing this article. The unexpected crypto market crash on May 19, effectively halved the value of ethereum as its price went from the all-time high of $4400 to $2400 at the time of writing this article. How much will the price of ethereum rise in June 2021? Is it the right time to buy ethereum? Let’s look at it.
Crypto price predictions can be really difficult. However, the market has significantly recovered. Top predictors believe that Ethereum could rise up to $2,800 in the short term, meaning June. Goldman Sachs analysts has also made a prediction by taking on to their twitter account: “Given the importance of real uses in determining the store of value, ether has a high chance of overtaking bitcoin as a dominant store of value”.
All of this makes Ethereum one of the best altcoin available right now.
2.Litecoin:
Though litecoin is the oldest of all the altcoins, it is still growing in popularity with a current price of $321.77 and market cap of $12.3 billion at the time of writing this article. Litecoin (LTC) is the world’s eleventh largest cryptocurrency. Missing out on the top 10 by just one spot. Not only has Litecoin enjoyed a period of rapid growth all these years, but it’s also smashed through its previous all-time high (ATH) of $375.29.
LTC hit the milestone on Sunday, 9th May, when its price briefly rocketed to $388.09. After initially passing the $300 point in April 2021, the future of Litecoin looks bright. Key influencers predict that it’s bullish outlook is likely to continue. Though it is the oldest of all the altcoins, it’s growth outlooks throughout all these years clearly makes it one of the best altcoins to buy in June 2021.
3.Binance Coin:
Trading a Binance coin can make you a millionaire, because it has created a sensation in the crypto world this year. Starting at just $38 a token, it’s expanded to near $700 this year, which was its all-time high. This shows that its popularity and adoption is widespread.
Top crypto influencers predict that the price of a binance coin may reach $800 by the end of 2021.
Coinpedia predicts that after reaching $800 at the end of 2021, the price of binance will spike to $1,800 by the end of 2022.
With all these predictions, binance will remain one of the best altcoins on the market to invest in.
4.Cardano:
Cryptocurrency Cardano is one of the most promising investments in 2021. At the beginning of the year, the price of cardano was around $0.41. A couple of weeks ago, the price of Cardano jumped up to its all-time high of $2.4 just before the May 19 crash.
The Crypto crash on May 19 slowed down the growth of Cardano, but given Cardano’s reputation and recent growth pattern, the price of Cardano could go up to $3-4 by June 2021.
Coinpedia also predicts that Cardano could reach a price of around $10 at the end of the year. As we are getting the hint from all these predictions that the price of Cardano is going to reach its new all-time high in June, it is also one of the best available options to buy.
5.Stellar:
In 2021 stellar performed well at the bull market, it’s price may heavily boost in this year. Its market cap has surged to more than $9 billion, making it the 16th biggest cryptocurrency in the world.
The Stellar price is forecasted to reach $0.4930225 by the beginning of June 2021. The expected maximum price is $0.6215555, minimum price $0.4226577. The Stellar price prediction for the end of the month is $0.497244 and there’s a strong possibility that it will continue upwards for the rest of the year. And that makes it a powerful promise of one of the best altcoins on the market today.
Conclusion
The cryptocurrency market has expanded a lot in the last few years. The formation of new altcoins fueled the expansion of this market. Although many of these digital coins have lost their value or are just outright scams. Therefore, this article enlightened you about the top 5 credible altcoins to buy.
