Bitcoin ended May with its highest-ever monthly close, topping $104,700.
Crypto analyst Jacob Bury emphasized that Bitcoin has now experienced two consecutive months of gains, rising by 14% in April and 10% in May. The analyst suggests that June could see more of the same.
“Let’s hope that June can follow up with more green candles,” he wrote on X.
But as Bitcoin shows strength, what is the best crypto to buy? Here are our top five picks:
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin on the Ethereum blockchain. But it’s not just here to make people laugh; it’s here to make them money.
The project will track Bitcoin’s price and run $BTC airdrops at key milestones. The first will occur when Bitcoin hits $150K, and the next at $200K. There will even be a $BTCBULL airdrop when the price reaches $250K.
Users can also earn via the project’s staking mechanism, which rewards holders with a 61% APY when they lock up their $BTCBULL.
With a meme coin allure and built-in Bitcoin and native token rewards, $BTCBULL is generating serious interest. For instance, Jacob Bury said it holds 10x potential in a recent YouTube video.
It’s currently undergoing a presale, where it has raised over $ 6.7 million so far. However, the presale is set to end in 27 days.
All of this indicates that $BTCBULL give big gains in June and beyond.
Dogwifhat
Look at the crypto top gainers today, and you’ll see Dogwifhat front and center. The project is built on the Solana blockchain and was one of the ecosystem’s first meme coins to gain real traction.
For the most part in 2024, Dogwifhat was the largest Solana meme coin. It was overtaken by Bonk in late 2024, then suffered a devastating crash in Q1 of this year. However, the project has displayed relative strength against Bonk and other large-cap meme coins in recent weeks, suggesting that it could be one of the best ways to capitalize on Bitcoin’s growth.
$WIF has soared by 12% in the past 24 hours, while Bitcoin is up 0.5% and the total crypto market cap is up 1.3%.
It’s currently priced at $0.95 and has increased by 70% this month. In comparison, Bonk has rallied by just 7%.
Dogwifhat has momentum on its side, both on the short and mid-term time frames. If Bitcoin rallies in June, $WIF could certainly be one of the top beneficiaries.
Solaxy
Solaxy is building the world’s first Solana layer 2 blockchain. Solana is the most active blockchain by users, with over 95 million people interacting with the network this month.
However, its strong adoption also poses a major concern: congestion issues. During periods of peak network activity, transaction speeds slow down, and failure rates increase. This is an inconvenience at best, and can cause massive financial losses at worst.
That’s why Solaxy is thriving right now. It’ll use off-chain computation and transaction bundling technology to compute up to 10,000 transactions per second (TPS), aiming to eradicate Solana’s congestion issue.
Solaxy will be cheaper, faster, and more reliable than Solana.
It’s undergoing a presale where it has raised a staggering $43.5 million so far.
Given its presale success and strong use case, $SOLX could have huge potential.
Hyperliquid
One of the things that happens as prices rise is that investors’ confidence grows. And when investors’ confidence grows, they become more willing to take on risk.
That’s why we see meme coins explode during bullish market periods, and it’s also why futures trading activity surges. A clear example of this is crypto whale James Wynn, who just lost around $80 million in leveraged trading as Bitcoin rallied.
Leverage trading is risky, but investors can capitalize on the sector’s growth by investing in infrastructure projects. One of the best options is Hyperliquid.
It’s a layer 1 blockchain that focuses on perpetual futures trading. It offers low fees, a wide range of tradable tokens, and a seamless user interface. The project features innovative tokenomics and built-in buyback mechanisms, and it’s also where James Wynn made his infamous Bitcoin trades.
Hyperliquid has rallied 74% this month, primarily fueled by headlines about Wynn’s high-stakes trading.
Bitcoin’s rising price could drive more whales to make big bets on the app, and that could enable $HYPE to keep pumping.
BUILDon
BUILDon is a meme coin on the BSC network and the first-ever cryptocurrency to adopt World Liberty Financial’s USD1 stablecoin.
World Liberty Financial is a Trump-backed DeFi project, and its purchases are often viewed as Trump’s personal crypto holdings, despite the project having a formal CEO and being affiliated with Trump family members.
To return the favor of BUILDon adopting the stablecoin, World Liberty Financial invested in $B, causing its price to explode. It has surged by a staggering 1,948 % this month and currently holds a place on CoinMarketCap’s trending list.
The fact that the US president’s personal DeFi project invested in a meme coin sent shockwaves through the community.
But this isn’t just hype; it’s history.
If USD1 gains traction on a bigger scale, BUILDon will have a place in the record books as the first crypto project to adopt it. This could provide the project with real staying power.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.