3 Cryptos to Buy Before They Go Parabolic: June Edition

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  • These cryptos to buy will make the summer of the current crypto season even hotter.
  • Notcoin (NOT-USD): 35 million users joined the project in a month and are ready to stay with it for a long time.
  • Solana (SOL-USD): Despite its high market capitalization, its annual growth is measured in hundreds of percent.
  • Binance Coin (BNB-USD): The crypto exchange’s ecosystem and user base is pushing the token’s price upward.
cryptos to buy - 3 Cryptos to Buy Before They Go Parabolic: June Edition

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The crypto space is undergoing an unprecedented transformation in a new round of bull runs. The slight correlation has given room for new records, and many digital assets are rushing to take advantage of this opportunity. The best representatives of cryptos to buy have managed to prove their prospects and ability to generate profits for their holders. The only question is whether the information noise from other projects will overshadow investors’ views.

The convergence of the stock and crypto markets is flooding the blockchain asset market with liquidity, which promises a general rise. Still, the strength of growth can vary from token to token, so it’s worth taking a good shot rather than taking all the coins in a row. Diversification can protect against sudden changes in the behavior of certain tokens, but it works best when an investor distributes the portfolio among worthy cryptos. Find out which ones you should pay attention to if you want to ride the wave of growth.

Notcoin (NOT-USD)

A design image with six angled boxes filled with a cryptocurrency name, amount, and price, a clock in the bottom left, and a buy and sell button at the bottom, with futuristic candlestick chart designs in the background.

Play-to-earn games flourished during the last bull run, focusing primarily on people already familiar with cryptocurrencies. Notcoin (NOT-USD) blurs this line by allowing people to join the coin-earning game via the Telegram platform. Notcoin has attracted 35 million users in less than a month after its launch because, in addition to its accessibility, it has advantages in social mechanisms. Quests and leaderboards, as well as the involvement of friends and community, have all led to the viral growth of the project.

Less than two months have passed since Notcoin was listed on Binance. Its pre-sale price of $0.001 has grown to a June high of $0.028. The 2730% rise attracted not only beginners but also experienced traders. As a result, the token reached the 53rd position in the market cap ranking, with a figure of $1.83 billion. 

After the debut, the upward movement slowed slightly, which is normal for the period following the listing. Over the past month, the coin has shown 26% growth, and analysts are confident that this is not the limit of the project’s capabilities. They single out NOT among other cryptos to buy and predict growth of 172.64% by the end of 2024. 

Solana (SOL-USD)

Concept art of the Solana (SOL-USD) blockchain.
Source: Shutterstock

Until recently, news feeds have been discussing Solana’s (SOL-USD) benefits, mainly its strong technical base and the growth of projects on this blockchain platform. But now, the coin is also at the top of the list of cryptos to buy, thanks to its quick steps to ensure equal conditions for all participants. The story of the sandwich attacks ended with the punishment of the validators involved.

The price record of November 2021 ($260.06) remains unbroken so far, but the coin is not slowing down to reach this level. Over the past year, SOL has shown an increase of 891.44%, bringing it to $202.87. A slight correlation brought the coin back to the $150-$170 range, but this market trend affected Solana much less than other tokens. 

The interest in SOL has not abated, as over the past month, the trading level per 24 hours has been mostly in the $2-$5 bln range. The dynamics of the number of active wallets describe a similar picture, with their number increasing by 400,000 over the past month. The network is entering a new phase of growth, as 3.6 million new token accounts have been added to the Solana ecosystem in June 2024.

Binance Coin (BNB-USD)

Binance mobile app running at smartphone screen with a trading page at background. Binance one of the world's leading cryptocurrency exchange and trading platform.
Source: Iryna Budanova / Shutterstock.com

At the 4th position in terms of market cap, Binance Coin (BNB-USD) is celebrating reaching new heights. The cryptocurrency exchange has 200 million users, an amazing achievement in a short period since its launch in 2017.

This cryptocurrency ambassador provides various services, from spot trading to futures contracts and decentralized finance (DeFi). Many transactions on the platform involve BNB, which stimulates demand for the coin and prepares it for new heights.

Over the year, the price of BNB has increased by 159.83% and reached above $700. Unlike most cryptocurrencies, the token’s dynamics are less prone to sharp jumps. A significant customer base and the foundation of a thriving crypto platform make Binance Coin sustainable to changes in market sentiment. The fundamental value of the native token pushes its price upward. This transactional and investment tool continues to gain popularity, which is why analysts are positive. The projected growth in the short term could bring the coin to $750-$850, which puts BNB in the category of cryptos to buy.

On the date of publication, Julia Magas did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Julia Magas is a writer who covers the latest trends in finance and technology. Her work is published in a number of financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire, and Beincrypto. She primarily covers cryptocurrency and blockchain technology with a focus on market performance, innovations and trends.


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