Ethereum-based meme coins to watch in June 2024

The market’s recent resurgence has drawn attention to Ethereum-based meme coins, which have seen significant gains. Here are the Ethereum meme coins worth considering in June:

Shiba Inu (SHIB):

-Market capitalization: US$14.6 billion

Current price: 0.00002478

Recent Performance: 45% up from April lows

Outlook: A break above 0.00003 could push SHIB to $0.000038, with further gains likely to $0.000054.

2. FLOKI:

Market cap: $2.4 billion

Current price: 0.00002528

Recent Performance: Down 16% from recent highs, could drop another 20% to support

Outlook: A rebound could take FLOKI above $0.0000313.

These two tokens benefit from strong community support and ongoing projects, giving them the potential to rise further during a market recovery.