In the volatile and rapidly growing cryptocurrency market, where new projects and altcoins emerge constantly, spotting the best ones to buy can be challenging. As we enter June, several altcoins are on the brink of reaching a $10 billion market cap, signaling strong investor interest and potential for significant returns. Here are the top 6 altcoins you should consider investing in this June.

1. Altcoins to Buy – Near Protocol (NEAR)

Near Protocol is a proof-of-stake blockchain utilizing Nightshade technology to develop decentralized applications (dApps). Despite the price of Near strading sideways for some time, reaching a peak of $8.51 in the past month, it holds a market cap of $7.99 billion. NEAR only needs a 25% rally to achieve a $10 billion valuation.

Grayscale Investments recently launched the Grayscale Near Trust, dedicated solely to investing in NEAR. This endorsement signifies a win for the project and could potentially drive its market cap beyond $10 billion as trading progresses.

2. Polygon (MATIC)

Polygon is an Ethereum Layer 2 solution, renowned as the first well-structured platform for scaling Ethereum. Leveraging its Polygon SDK technology, Polygon facilitates the development of dApps and sub-chains. MATIC, the native token of the Polygon ecosystem, has been on an upward trend for the past 30 days.

The daily trading volume of MATIC surged by 24%, indicating a recent increase in market activity, with the price rising by 4% in the past 7 days to reach $0.72. With a market cap of $6.7 billion, Polygon’s extensive tech stack and wide-ranging use cases may expedite its journey towards a $10 billion market cap in the near future.

3. Uniswap (UNI)

Uniswap, hailed as the pioneer of decentralized exchanges (DEX), holds a special place in the crypto industry. UNI, the governance token of the Uniswap DAO, was airdropped to users in September 2020. Currently priced at $10.67, UNI has surged by 45% in the past 30 days.

With a market cap of $8 billion, Uniswap is only 25% away from reaching the $10 billion milestone. Despite dominating the DEX sector, Uniswap’s developers continue to innovate. Recently, Uniswap surpassed PancakeSwap in daily active users by expanding its services to other low-fee chains like Binance Smart Chain (BSC) and Base L2.

4. Polkadot (DOT)

Polkadot is a heterogeneous blockchain that allows different networks to communicate in a seamless manner through its para-chains technology.  The asset is currently trading around $7.18, a 2.5% increase in the last 30 days.

With a market cap of $9.8 billion, Polkadot is just a 2.05% price surge away from hitting the $10 billion mark. Dr. Gavin Wood, an English computer scientist and Ethereum co-founder, conceived Polkadot. Notably, Dr. Wood also created the Ethereum Virtual Machine (EVM), Solidity, and authored the yellow paper for Ethereum. Given Ethereum’s success, investors may trust Dr. Wood’s leadership with their funds.

5. Bitcoin Cash (BCH)

Bitcoin Cash emerged as a fork of the main Bitcoin (BTC) when developers couldn’t agree on the future direction of the Bitcoin network. Over the past 30 days, BCH has seen an 11.4% increase in price, reaching around $517.

Unlike other cryptocurrencies on this list, BCH boasts a market cap of approximately $10.1 billion, making it the most valuable altcoin to consider buying. Additionally, BCH’s trading volume has surged by 14% in the last 24 hours, indicating growing interest among investors.

Bitcoin Cash underwent a halving event around the same time as Bitcoin two months ago, leading to a spike in its price. Despite reaching an all-time high of $3,785 in 2017, this altcoin still has potential for growth, which could benefit investors’ portfolios.

6. Altcoins To Buy – Pepe (PEPE)

Pepe stands out as the only meme coin on this list, earning its place due to its remarkable growth rate. Inspired by Pepe the Frog, a beloved meme within the crypto community, Pepe coin has seen its price surge to $0.00001445, marking an 81% increase over the past 30 days.

Following the approval news of the Ethereum spot ETF, Pepe rallied over 50% and achieving a market cap of $6.8 billion. However, as the initial hype subsided, its value retraced to $6 billion. To reach a $10 billion market cap, Pepe would require a 66% boost from its current price.

Early investors have seen staggering profits of 260X. But still, there is potential for new investors to double their portfolios should this frog-themed meme coin rally once again.

Conclusion

The listed cryptocurrencies represent some of the most trusted altcoins to buy in the blockchain space. From meme coins like Pepe to L1 and L2 blockchains like Bitcoin Cash and Polygon, and even to decentralized protocols like Uniswap, these cryptos may give you good returns on investment, while saving you from the anxiety of being rug pulled.

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