Market Momentum Shifts—Altcoins Back in the Spotlight
Bitcoin and Ethereum may be holding the line, but the real action this week is happening among the altcoins. As we enter mid-June, five altcoins are showing breakout potential, backed by bullish chart patterns and rising volume. If you’re planning your trades for the coming week, these five names deserve your attention.
Total crypto market cap in USD - TradingView
1. Avalanche (AVAX) – The L1 Comeback?
- Current Price: $21.01
- 24h Change: +8.03%
- Weekly Gain: +4.40%
- Market Cap: $8.86B
- Volume (24h): $315M
Avalanche is picking up steam after weeks of sideways consolidation. The recent 8% daily pump signals renewed interest, possibly tied to upcoming subnet launches and ecosystem growth. If AVAX flips $22 with volume, a move to $26–$28 could follow fast.
2. Injective (INJ) – Bullish Reversal in Play
- Current Price: $12.78
- 24h Change: +7.74%
- Weekly Gain: +7.32%
- Market Cap: $1.27B
- Volume (24h): $95.4M
Injective has quietly formed a solid base and is now breaking out. With AI hype and cross-chain finance integrations growing, INJ is riding a narrative wave. The next resistance is at $14.00. If that breaks, momentum traders could flood in.
3. Pudgy Penguins (PENGU) – Meme Magic Reloaded?
- Current Price: $0.01035
- 24h Change: +7.60%
- Weekly Gain: +6.46%
- Market Cap: $650.8M
- Volume (24h): $101.3M
PENGU is riding the meme wave hard—and it’s not just hype. With strong community engagement and new NFT drops incoming, this token could retest recent highs quickly. Eyes on the $0.012 zone—break it, and $0.015 isn’t far.
4. DeXe (DEXE) – Quietly Outperforming the Market
- Current Price: $10.47
- 24h Change: +7.31%
- Weekly Gain: +25.84%
- Market Cap: $876.9M
- Volume (24h): $18M
DEXE is one of the most explosive performers this week. With nearly 26% weekly gains and low market cap, this DeFi governance protocol could attract major attention. Price is closing in on $11—if bulls break above, next stop might be $13+.
5. Worldcoin (WLD) – Rebound or Bull Trap?
- Current Price: $1.13
- 24h Change: +7.02%
- Weekly Gain: +0.46%
- Market Cap: $1.80B
- Volume (24h): $164.3M
WLD is back in motion after a slow week, bouncing off key support levels. Despite controversy around biometric data, the project’s global expansion and integration into AI projects make it one to watch. If WLD holds above $1.10, a breakout to $1.30 is on the table.