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Top 3 AI Cryptocurrencies to Buy with 100X Profit in June
THE artificial intelligence The (AI) narrative is raging across almost every sector of the global economy with cryptocurrencies to buy such as Notcoin, GameStop and LUNC. Big Tech has driven many profound developments in the industry with companies like OpenAI, Microsoft, Google and Meta clash to release the best AI tools. Cryptocurrency investors have not been left behind either, especially with projects fusing artificial intelligence and decentralized blockchain protocols gaining popularity.
However, not all Powered by artificial intelligence crypto projects will stand the test of time. For this reason, it may be prudent for investors to consider other solid cryptocurrency-related projects ahead of the expected bull run in 2024.
1. Cryptocurrencies to buy Notcoin (NOT)
Notcoin price saw a strong rally from $0.005 to above $0.026, indicating significant bullish momentum. This upward trend suggests growing investor confidence and potential for further gains in the near term.
Not money it surged more than 190% last week, reaching an all-time high of $0.02644 on June 2. Integrated as a Telegram mini app, Notcoin quickly gained popularity, amassing over 30 million users on Telegram in two months. Since its launch, Notcoin has seen a price increase of over 144%, making it the most trending altcoin.
Notcoin Price Chart | CoinGecko
The current uptrend, NOT show strong upward momentum, indicating a potential entry into a bullish phase. The cryptocurrency is ready to challenge the $0.03 resistance level soon. If this momentum continues, NOT price it could rise towards $0.05, possibly reaching $0.1 in the next bull run.
2. Terra Classic (LUNC)
Based on data from CoinMarketCap, a correction of 1.55% in the last 24 hours indicates increasing influence from sellers. However, with trading volume up 8% to $27 million, interest in the token is growing.
Terra Classic boasts a market capitalization worth $676 million and ranks 118th among other cryptocurrencies. The token has a circulating supply of 5.79 trillion and a total supply of 6.79 trillion.
LUNC Price Prediction Chart | Tradingview
Consistent network development, supported by initiatives to achieve efficiency for LUNC and USTC (the ecosystem’s main tokens), is another force that could push the next northward shift.
For example, on June 2 the developers released a new update for the network called v3.0.1. According to the announcement posted on X, it was “time to update the Earth Moon Classic blockchain and continue the recovery effort.”
The moving average convergence divergence (MACD) strengthens the bullish thesis. However, the MACD line must remain above the signal line to validate the same bullish outlook. Ultimately, this will encourage more traders to gain confidence in LUNC and push towards a 65% breakout at $0.0002.
3. GameStop (GME)
GameStop is a meme coin that was recently designed to pay homage to GameStop Corp (GME) action. Considered a meme stock, GME attracts immense interest from investors targeting drastic price increases. The meme coin is now trading at $0.012, after another attempt to mirror Monday’s gains suddenly stopped at $0.014.
GameStop (GME) Price Chart | Tradingview
The Moving Average Convergence Divergence (MACD) indicator is about to validate a short-term bearish outlook. Traders would be watching for the blue MACD line to cross below the orange signal line, confirming recession. The reduction of histograms to the neutral line further strengthens the bearish hold on GME.
Trading below the daily open of $0.014 is another bearish signal to consider when trading GameStop cryptocurrencies. If the support at $0.01 holds, a recovery could occur, thus triggering another rally towards $0.0185.
Bottom line
Artificial intelligence is one of the trending narratives in the cryptocurrency market. It is bound to attract huge attention, but that comes with more volatility. Therefore, it may be wise to diversify by reducing your reliance on AI projects in favor of established cryptocurrencies to buy like LUNC.
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