Which Altcoins to Buy in June? Here are 11 Coin Names!

Despite the latest step taken by the US to avoid a government debt default, the altcoin market continues to decline. Investors are now watching the developments of June for the next opportunities.

Which altcoins to watch closely this month

The U.S. House of Representatives vote to suspend the national debt ceiling went from 314 to 117, with bipartisan support. After its legislative journey, the bill will go to the Senate for approval. If it comes into effect by June 5, it would allow the U.S. Treasury to issue new loans, preventing a possible default on its financial obligations.

Financial analysts predict that this move could lead the Fed to consider raising interest rates at its June meeting. As a result, uncertainty hangs in the air. So, what are the best altcoins to buy under these volatile macroeconomic conditions?

Amid this economic turbulence, altcoins such as WSM, IOTA, ECOTERRA, LTC, YPRED, XLM and DLANCE are emerging as notable considerations for buying, according to analyst Trent Rhode.

Wall Street Memes (WSM)

The Wall Street Memes (WSM) token presale, in particular, has resonated with the Reddit community Wall Street Bets and a leading NFT project, and is currently gaining considerable attention. The project, with a rapidly growing digital audience of more than one million on various platforms, attracted the attention of important names such as Elon Musk. In less than a week, the WSM pre-sale has seen raising over $2.4 million.

Wall Street Memes are no strangers to the crypto market spotlight. The Wall Street Bulls NFT collection previously sold out in just 32 minutes, making an impressive $2.5 million. This interest in WSM offers a glimpse into the project’s aim to change the current power dynamics in the altcoin market.

Analysts, the prominent Wall Street Bets community,