The cryptocurrency market is gaining momentum after positive progress 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 registrations. Market sentiment turned for the better, with Bitcoin (BTC) regaining the $71,000 level. Additionally, the global cryptocurrency market cap has increased by 8.3% in the past 24 hours, currently at $2.75 trillion.
With the market gaining momentum, let's take a look at three crypto assets that could reach all-time highs in June 2024.
Top 3 cryptocurrencies that could reach an all-time high in June
Bitcoin (BTC):
BTC is inching closer to its all-time high of $73,737, which it reached in March this year. Assets are down just 37.7% from their March peak. The native cryptocurrency is up more than 15% in the past week and 9.5% in the past month.
According to CoinCodex, BTC could hit a new all-time high very soon. The platform expects BTC to cross the $90,000 mark next month and reach $90,906 on June 15, 2024. Reaching $90,906 from current levels would translate to growth of around 28%.
Toncoin (TON):
TON has shown incredible performance in 2024. Assets reached an all-time high of $7.63 on April 11, 2024. The cryptocurrency is currently down 13.3% from its April peak.
Also read: Cryptocurrency: Top 3 Meme Coins That Can Double Your Investment by 2024
According to CoinCodex, TON could hit a new all-time high of $9.21 by the end of this month. Moreover, the platform expects TON to continue its bullish trajectory in June and reach $22.37 on June 18, 2024. Reaching $22.37 from current levels would translate to nearly 238% growth.
dog hat (WIF):
WIF is among the best performing cryptocurrencies of the past year. The Solana-based dog-themed memecoin has been rising up 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 by almost 40%.
Also read: Cryptocurrency: top 3 dogcoins for maximum profit
However, CoinCodex expects WIF to regain its peak in March. The platform predicts that WIF will break the $9 level in June and reach $9.45 on June 18, 2024. Reaching $9.45 from current levels would translate to growth of approximately 228.13%.
