The cryptocurrency market is going through a bull-bearish trend with how the events have transpired in the last one month. Powerful businessman Elon Musk revoked the decision to let Bitcoin owners buy the electric car Tesla using Bitcoin. It was followed by Chinese government taking a hard decision against Crypto which affected the entire Crypto market once again.
Not to forget there were plenty of flesh loan attacks in the same period causing a visible fear. However, fear for someone is opportunity for the other and if you belong to the second category, you would love to grasp the opportunity and buy the dip.
Here are the 6 tokens you should watch out for in June 2021.
KAREN has seen a 335% rise in its value against US Dollars in the last week and it is only expected to go further up due to several reasons. It is soon going to be listed at Coinmarketcap which often causes a pump in the values. It is also in talk with some of the exchanges like Bitmart so that it can get listed on them.
KAREN had seen a 1000% rise in returns a few days which has fallen down to 335% at the time of publishing this article. However, it is still a significant rise. It is also going viral on the subreddit “ CryptoMoonShots ” which is surely going to bring more attention to the token in the upcoming days.
Auger is an unique betting platform which allows the users to bet on any event be it sports, election results, results of a company’s share by using their REP tokens. It has extremely low fee with a global and open market for everyone.
Clintex is more of a medical token as it looks like from the name as well. It aims to decrease the unavailability of medical drugs in the market. With the current situation of COVID-19, it has a tremendous scope as the pharmaceuticals industry is only expanding with every passing day.
As the name of the token suggests, InsurAnce covers DeFi insurance solution against losses caused by hacking. The best thing about INSUR that it has near zero premium. It is already providing services to 40 protocols while more are waiting.
It is an unique price model that provides an easy and automated cross-chain protocol coverage. A total of $ 300 millions have been lost due to hacking in the past and InsurAnce provides a protection to them by giving them a coverage.
Telos network allows everyone on its platform to run smart contracts and issue NFTs which makes it very accessible for the masses. The biggest advantage it has is that it is extremely energy efficient. It is greenest of all the smart contracts and it is soon going to become carbon neutral and we all know what being energy efficient or inefficient does to even the biggest of crypto assets.
There is a reason why the companies that raised on DAO by DAO Maker has the total market capitalization of $ 6.8B. It is a platform that only allows long term interest. In simple words, it only allows backers that show a long term commitment.
Since the users show their willingness to have long term plans on the network, they just don’t go on dumping the tokens. Instead, the tokens are released gradually over the course of time.
These are the 6 crypto tokens to watch out for in June 2021.