Which altcoins to buy in June. Three coins from analysts

Using a special metric, analytics firm Santiment has identified three altcoins with high capitulation ratios, which indicates that the asset is extremely oversold and its sale by investors at a loss.

Analysts pointed out that three altcoins: Maker (MKR), Serum (SRM), and Binance Coin (BNB), have the highest percentage of sales at a loss at the end of May.

Maker (MKR)

Although the price of the coin fell below $1300 after rising above $1600, there were no signs of profit-taking. This signals that MKR is in an extremely oversold phase, according to analysts. As of May 26, Maker is trading at $1266 (according to Binance).

Maker is the governance token of MakerDAO, an Ethereum-based smart contract platform. MKR entitles holders to actively participate in the development of the project.

Serum (SRM)

The profit-loss ratio of the altcoin SRM is starting to point towards capitulation, Santiment claims. This is the fifth week in a row that investors get rid of the asset at a loss. Such figures are a good sign to open positions, analysts believe. As of May 26, the SRM token is trading at $1,09.

Serum is the native token of SerumDEX, a decentralized exchange, built on the Solana (SOL) blockchain.

Binance Coin (BNB)

As with the SRM token, BNB has seen more transactions with losses than gains for the fifth week in a row, Santiment explained. Due to the lack of signs of profit-taking, analysts argue that Binance Coin still has a high potential for growth in the near future. As of May 26, BNB is trading at $313.

Binance Coin is the native token of the world’s largest crypto exchange by trading volumes, Binance.

Earlier, analyst Michaël van de Poppe made several predictions about altcoin rates in May. At the beginning of the month, he called Cardano (ADA), Chainlink (LINK), Curve DAO (CRV), SKALE (SKL), and VeChain (VET) the most profitable tokens in terms of risk-to-reward ratio.

Then on May 16, Van de Poppe concluded that altcoins LINK, VET, and Verasity (VRA) could rise in the near term. On May 20, the crypto analyst updated the list with promising low-cap altcoins, which included Polygon (MATIC), Zilliqa (ZIL), and XCAD Network (XCAD).

On May 22, Van de Poppe spoke about the probability of growth in the rates of three altcoins: LINK, Decentraland (MANA), and THORChain (RUNE), and urged to buy the assets as soon as possible.