June started on a fairly good note; aside from the market being boring and going sideways, no new all-time highs, and all that, there have been several interesting announcements. From Coinbase listing Dogecoin to Ethereum London Hard Fork scheduled to launch in June and Coinbase crypto cards.
Several altcoins, which, based on price analysis, fundamentals, and upcoming project launches and announcements, seem to show bullish potentials for June. Despite all this, an investor still has to do his research to determine which coin he is more confident about before investing.
First on this list is Polygon; Polygon has been soaring in every aspect over the past few months. It has been over a dollar for a long time, and at this rate, the situation might reach where we may get it at ten dollars per Matic token.
Polygon is far from finished when it comes to gaining, so many things are happening on the Polygon network; the user statistics for Polygon are going off the charts. Polygon flipped Binance Smart chain in daily transactions; we see all major DeFi applications coming into Polygon. There are currently more transactions on Polygon than on the Binance chain, yet Binance is worth five times more than Polygon in terms of market capitalization.
Big partnerships are coming through for Polygon; you can now query Polygon’s different data sets, run analytics, and get insights using Google’s big query platform. It is a very interesting integration for Polygon, and it shows the level of commitment of what Polygon is bringing to the ecosystem and Ethereum Layer two scaling solution. Major DeFi applications have also announced their integrations with Polygon and have joined a long list of projects integrated with Polygon.
The next coin on the list is Theta Network; it is rebounding strongly from the massive dip. Several major catalysts are coming up for Theta this month; the first is the Theta drop market place which is expected to be out this month. The Theta drop marketplace is an NFT marketplace coming to the Theta network that will integrate with Theta’s products to enable people to bring in NFTs.
Even though we do not hear so much about NFTs like we used to before does not mean that the NFT trend is sizzling out; NFT is a massive advancement in digital ownership of collectibles and several other things. Theta bringing in a marketplace for NFTs is a big deal and a big price catalyst for the asset.
The second catalyst expected to happen for Theta is Tfuel staking which is expected to launch this month. By the end of the month. We will see the launch of elite Edge nodes coming through for Theta. It will be no surprise if we see people get excited about the Tfuel staking going live on the 30th of June.
It is very exciting to see projects deliver on what they plan to offer, and Theta seems to be one of those coins that have consistently delivered over time.
