As June kicks off, the crypto market is starting to stir. Bitcoin’s supply on exchanges keeps dropping, hinting that a supply squeeze could be on the way. Meanwhile, Bitcoin dominance is easing, and Ethereum is holding firm around $2,700 — both signs that altcoins might rally next.
After grabbing headlines with a record-breaking surge above $111,000, Bitcoin has cooled off to around $105,000. This pullback could open the door for altcoins to step up.
Analysts have observed that the Altcoin Golden Cross has appeared again – a bullish signal that happens when a short-term moving average (like the 50-day) crosses above a long-term moving average (like the 200-day). In 2021, this pattern led to a massive altcoin rally. So, an explosive altcoin run could be starting soon.
One popular analyst has said that the altcoin bear market is ending, and the biggest crypto bull run ever is coming. This cycle is completely different and could last 1–3 years. The message is to stay patient and hold, as the real altcoin rally hasn’t started yet. Analysts at Altcoin Buzz have listed four altcoins that could rally in June:
The biggest catalyst for TON is that it is a headline sponsor at the NFC conference in Lisbon (June 4–6), and so, major announcements could be expected. But the token has an unlimited token supply, which could concern some investors. Analyst Ali Martinez recently shared that TON is forming a triangle pattern, setting the stage for a 40% breakout.
Next up is Virtual Protocol. It is a rising star in the AI launchpad space, up 60% over the past month and nearly 2000% over the past year. To access launches, users stake VIRTUAL, earn points, and pledge them to new projects. Its momentum is strong, and interest is rising. The platform can be a bit complex, but the team plans to release tutorials soon.
Quant Network is solving one of crypto’s biggest problems: blockchain interoperability. QNT has solid tokenomics with all its tokens in circulation, and is up 50% in the past month. With a market cap of $1.5 billion, it has a lot of room to grow.
Lastly, Near Protocol. Near is an AI-focused Layer 1 blockchain that’s fast, scalable, and developer-friendly. It uses Nightshade sharding to speed up performance and has a unique MPC network that allows cross-chain transactions with no bridges or wallet switching needed. Currently priced at $2.60, it has a $3.17 billion market cap. NEAR also has an infinite supply.
The Altcoin Golden Cross is a bullish signal when short-term MA crosses above long-term MA, often triggering major altcoin rallies.
Signs like easing Bitcoin dominance and the Altcoin Golden Cross suggest altcoin season is likely starting soon.
While no fixed timeline, altcoin seasons typically last from a few weeks to several months, influenced by market conditions and investor sentiment
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