These two altcoins could skyrocket in June and eclipse Bitcoin, according to BeInCrypto.

These two altcoins could skyrocket in June and eclipse Bitcoin, according to BeInCrypto.

While Bitcoin appears to be consolidating its position near $110.000 and grabbing headlines, the real move could be brewing elsewhere in the crypto market. 

This June, two altcoins, Ethereum e Hyperliquid, are attracting the attention of analysts and enthusiasts, who see in them the potential to outperform even Bitcoin in the short term. 

With signs of accelerated growth and increasing institutional interest, both cryptocurrencies are emerging as protagonists of a potential revolution in the digital ecosystem. Are we witnessing the beginning of a new era for altcoins? Everything points to June being the month Ethereum and Hyperliquid take the lead and redefine leadership in the crypto market.

ENTER BIT2ME AND START TRADING WITH ETH AND HYPE

The altcoins that are booming and challenging Bitcoin

The cryptocurrency market is once again vibrating strongly, driven by renewed confidence and interest from the community, from retail traders to large institutional players. In this growing environment, altcoins are beginning to gain prominence beyond Bitcoin's hegemony. Among them, Ethereum and Hyperliquid stand out for their solid potential and for presenting promising technical and fundamental characteristics that analysts are not overlooking.

Ethereum on the rise this month

Ethereum, which leads the market with its robust ecosystem of smart contracts and decentralized applications, has proven to be a key player in the digital finance and Web3 revolution. Its constant technological evolution, along with updates designed to further improve its scalability and efficiency, have generated a favorable momentum. Additionally, recent technical analysis shows a clear uptrend in its charts, while fundamentally it is supported by growing adoption and multiple relevant developments in its network.

BeinCrypto analysts even point out that Ethereum is positioned as the altcoin with the greatest potential to outperform Bitcoin this month, driven by a series of technical and fundamental factors that point to sustained growth. Based on their analysis, they consider that Ethereum could reach a price close to $3.050, which would represent an increase of more than 20% if the current trend continues. 

Ethereum (ETH) price in the last month
Ethereum (ETH) price over the past month.
Source: CoinMarketCap
BUY ETHEREUM AND DIVERSIFY YOUR PORTFOLIO NOW

Hyperliquid and its unstoppable momentum in June

On the other hand, Hyperliquid has become one of the most popular altcoins thanks to its innovative crypto perpetual contract platform. According to BeinCrypto analysts, its 4-hour chart reveals a stable formation of rising highs and lows, indicating a healthy upward trend

Currently, this cryptocurrency holds key support around $33,2, just above a medium-term ascending trend line, suggesting an imminent rebound. At the time of writing, HYPE, the native token of the Hyperliquid protocol, is trading around $42, showing a 66% monthly increase in price.

Hyperliquid's technical strength is complemented by growing speculative interest and an active community, ingredients that could further boost its value in June.

Hyperliquid (HYPE) price in the last month
Hyperliquid (HYPE) price over the last month.
Source: CoinMarketCap
Trade easily and securely with HyperLiquid on Bit2Me.

Bitcoin vs Ethereum and Hyperliquid

Comparatively, Bitcoin has displayed a more conservative and less dynamic trend in recent weeks compared to these two altcoins. As mentioned, Bitcoin's monthly performance, at 5% according to CoinMarketCap, dwarfs the 10% and 66% already accumulated by Ethereum and Hyperliquid, respectively, and its potential for further growth this month. 

Although Bitcoin's dominance has increased Slightly, capital is beginning to rotate toward altcoins with greater growth prospects. Altcoins often experience periods of growth as investors seek opportunities with higher returns, albeit at higher risk. Therefore, the current movement of Ethereum and Hyperliquid could mark a turning point in this dynamic, challenging Bitcoin's supremacy in the short term.

In this scenario, analysts predict that the impact of sustained growth in these altcoins would be profound for the entire ecosystem, as it could reflect a shift in investor preferences toward other equally innovative projects with solid fundamentals. At the same time, it could accelerate the adoption of new technologies and foster greater market diversification.

Prepare your wallet and explore the potential of the cryptocurrency world.

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.