👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

The best cryptocurrencies for June according to Coinext

Published 04/06/2024, 11:34
BTC/USD
-
BTC/USD
-
ETH/USD
-
ETH/USD
-
MATIC/USD
-
LINK/USD
-
MATIC/USD
-
IMXm/USD
-
OPm/USD
-

Investing.com – With Bitcoin and Ethereum already on investors' radar, Coinext chose to list other cryptocurrencies as promising alternatives in the month of June, with emphasis on those related to ETH, given the recent approval of Exchange-traded funds (ETFs ) in cash. The expectation is that there will be a robust boost in projects linked to Ether, which is behind the selection of these assets as a favorable opportunity in the crypto ecosystem.

The assets chosen by Coinext:

  1. Polygon (MATIC): With second layer solutions for Ethereum, compatible with the Ethereum Virtual Machine (EVM), Polygon allows agile and economical transactions, operating in the form of an “internet of blockchains”, according to Coinext.
  2. Immutable (IMXm/USD)​​: ​The crypto has risen around 70% in six months.
  3. Optimism (OPm/USD): Ethereum's second layer solution uses Rollups to provide lower transaction fees, optimization, and reduced network load.
  4. Chainlink (LINK): The decentralized platform on the Ethereum blockchain connects smart contracts and provides an intermediary role between them and external data.
  5. EigenLayer (EIGEIN): Although it is not a second layer protocol, Eigen is a novelty that would focus on optimizing Ethereum's Proof of Stake by supporting applications in the ecosystem, adds Coinext.

**

EXPAND YOUR EARNINGS IN THE MARKETS! Do you want to know the appreciation potential of cryptocurrency exchange companies? You are entitled to a spectacular discount when purchasing InvestingPro's powerful tools. Use the code INVESTIR to purchase your subscription with an additional 10% discount on current promotional prices.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.