The crypto industry has suffered a severe crash in November 2021, and the price drops continued well into 2022.Now that the summer of this year is at our doorstep, many are hoping to see a new rally that will restore the previous value of digital coins, and potentially bring many of the coins and tokens to new heights.
We created a list of the top 13 cryptos that might use this opportunity to skyrocket, starting in June.Those include the following:
Bitcoin is a cryptocurrency that needs no introduction.As the market leader and the largest coin in the crypto space, it commands nearly half of the total crypto market cap.Plenty of rallies in the past happened because Bitcoin’s price started surging.
Given that Bitcoin was adopted by two countries in the past eight months, and that institutional investors are still as interested in it as ever, it might be possible that the coin will lead to another rally this summer.There are no guarantees, of course, but we suggest keeping an eye on its performance.
To learn more visit our How to Buy Bitcoin guide.
Next up, we have Binance’s native cryptocurrency, BNB (BNB), formerly Binance Coin.BNB has a good chance to go up for multiple reasons, including the fact that it doesn’t lack use cases.Binance, for example, is the largest exchange by trading volume.
It features two blockchains, one of which is its own version of Ethereum, only a lot more scalable and cheaper to use.
BNB is used on both of them, as well as for buying new cryptos on Binance Launchpad, as well as for obtaining gas fee discounts, reaching smaller coins within the exchange, and more.Plus, the exchange regularly burns it to reduce the total supply, which will eventually be cut in half.
To learn more visit our How to Buy BNB guide.
In the third spot, we have Solana — the crypto community’s favorite alternative to Ethereum.Thanks to Ethereum’s inability to scale, high gas fees, and lengthy waiting time, the crypto community created a new blockchain that will be a lot more efficient and useful for DeFi, NFTs, metaverse, blockchain gaming, and alike.
The result is Solana, which has been attracting a lot of attention as the most scalable blockchain in the industry, that only starts experiencing issues when it scales up to 400,000 TPS.It is quite comfortable with 100,000 TPS, while Ethereum, in comparison, can only handle 15 TPS.When the rally comes, we expect that Solana will attract a massive chunk of new users.
To learn more visit our How to Buy Solana guide.
Terra (LUNA) is a blockchain protocol that relies on fiat-pegged stablecoins to power price-stable global payment systems.It combines price stability and wide adoption of fiat with the crypto industry’s censorship resistance to create a product that is the best of both worlds.
Meanwhile, the project’s ecosystem is powered by LUNA, and everything within requires the use of the token, which is why LUNA has seen increased usage as the interest in Terra’s ecosystem surged.
To learn more visit our How to Buy Terra guide.
For our fifth spot, we selected Polkadot.Like Solana, Polkadot has also been a popular Ethereum alternative, and it managed to create an ecosystem that can easily scale thanks to its parachains.These are parallel chains that run alongside the main chain, and they form a network that is in charge of processing extra work so that the main network doesn’t suffer the same fate as Ethereum.
While this is already of great value, these parachains can connect to other blockchains too, and become bridges between Polkadot and those other chains, thus creating a larger ecosystem that might help in the formation of Web 3.0.
To learn more visit our How to Buy Polkadot guide.
Next up, we have ApeCoin, which is an Ethereum-based utility token primarily used in APE Ecosystem as a governance token.Its goal is simple — to empower the community and provide incentives for those who wish to participate in running the ecosystem and making important decisions.
The project is built at the forefront of Web3, and many see it as one of the tokens of the future.So far, it has performed quite well, and we expect that might continue down the road.
To learn more visit our How to Buy ApeCoin guide.
Halfway down the list, we have Tezos, which is a network-based on smart contracts.
As such, it doesn’t differ much from Ethereum, but it has a more advanced infrastructure, which allows it to evolve and improve, but unlike ETH, it does it without needing to perform a hard fork.
Hard forks have always carried a certain dose of risk with them, and in a lot of cases, when a project forks, two emerge from the event.Tezos eliminates that with its unique architecture, and its developers describe it as a project that is “secure, upgradeable, and built to last.”
To learn more visit our How to Buy Tezos guide.
Moving on, we have Klaytn, which is a public blockchain that focuses on metaverse, GameFi, and the creator economy, in general.
The project is actually the leading platform in South Korea, and right now, it is undergoing a global business expansion.
It features an end-to-end metaverse developer package, 1-second deterministic finality, a data guarantee, support for Ethereum equivalence, a unique governance structure, and much more.With the metaverse and GameFi being major trends today, it is easy to understand why this project is attracting a lot of interest, and it is quite possible that it will grow to be quite large in months to come.
To learn more visit our How to Buy Klaytn guide.
In the ninth spot, we have Axie Infinity.This is a well-known project that is currently the largest metaverse game in the crypto industry.It is a game where players purchase digital creatures called Axies and are then free to roam its digital world, encounter others, engage in battle, empower their Axies by adding new body parts to them, and even breed them to create new ones.
Each Axie is its own NFT, so players that own an Axie are its sole owners, and they know that their creature is, and always will be unique.
To learn more visit our How to Buy Axie Infinity guide.
Fantom is a DAG (Directed Acyclic Graph) smart contract platform that offers DeFi services to developers who wish to use its consensus algorithm.Over time, Fantom has grown to become one of the go-to platforms for smart contracts, once again specializing in something with which Ethereum struggles due to its lack of scalability.
Its goal is to overcome the limitations of previous blockchains, and so far, it has done an excellent job.
It is efficient, low-cost, and fast, and with dApps being something that will likely never go out of fashion, it has a fair chance of surviving in the blockchain world long-term.
To learn more visit our How to Buy Fantom guide.
Moving on to 11th place on our list, we have Kyber Network, which is a hub of liquidity protocols that aggregates liquidity from numerous sources.As a result of doing this, it can provide secure and instant transactions on any dApp .Its primary goal is to enable DeFi dApps, DEXes, and other users easy access to liquidity pools, thus allowing them to offer the best rates.
All of its transactions are done on-chain, and as such, they are easy to verify with any Ethereum block explorer.Also, it offers services like instant settlement of tokens, customizable business models, liquidity aggregation, and more.
To learn more visit our How to Buy Kyber Network guide.
Bitcoin Gold is a fork of Bitcoin that emerged in 2017, and it became a user-friendly alternative to Bitcoin.Over time, its popularity has grown and dropped, but these days, the project appears to have started a major comeback.At the time of writing, its price has seen a 45% increase in the last 24 hours alone, indicating great interest.Also, unlike Bitcoin itself, it is extremely low-cost right now, with its price currently sitting at $28.12.
The project uses a combination of Bitcoin’s original inherent properties, and an innovative approach to blockchain development and applications.It wishes to revolutionize the mining process and introduce a new PoW algorithm that would eliminate Bitcoin’s scalability issues.
To learn more visit our How to Buy Bitcoin Gold guide.
Finally, we have Dogecoin, as the last on our list.Dogecoin is a memecoin — the first of the memecoins — and while even its own developers expected it to disappear a long time ago, the project somehow managed to survive nearly an entire decade, always sticking close to the top-ranking cryptos.
In 2021, it saw a massive surge fueled by its community and Elon Musk, the CEO of Tesla, SpaceX, and The Boring Company.Interestingly, Musk has recently made a move to purchase Twitter, and while this process is currently put on hold for certain reasons, it is possible that Musk will eventually go through with it.
Being one of DOGE’s biggest fans and supporters, and the owner of Twitter, Musk could still play a massive role in Dogecoin’s future that could bring the coin to entirely new heights.
To learn more visit our How to Buy Dogecoin guide.
As always, we cannot guarantee that the rally will indeed come, or that these cryptocurrencies will blow up this summer.
However, many experts believe that something like that might happen very soon, and if it does, you should be prepared for it.For the time being, you can either take a chance and invest, or at least keep an eye on these coins, just in case..