Crypto is often a social form of investing. Its decentralisation means community and hype can often cause coins to explode quickly.

With that in mind, three hot narratives look set to boom in June. This article breaks down each and takes a look at the coins most likely to explode this month.

AI Coins

Since the infamous rise of ChatGPT in 2023, crypto investors have been looking for ways to capitalise on the technology, causing a handful of AI coins surged in price.

However, the growth was unsustainable since many AI crypto projects used AI as a marketing gimmick rather than to add real value. A report by Bloomberg found many earlier crypto Ai projects were “faddish”.

That said, some AI projects, such as The Graph, have been able to leverage AI and provide real value. Nonetheless, The Graph has a market cap of over $1.3 billion, giving it less growth potential.

The project’s with the highest growth potential are often early-stage or presale projects. One of the most likely candidates to soar in June is yPredict, a project that’s building an AI-powered crypto analytics platform.

It is a presale project that has so far raised $2 million. The presale has a hard cap of $6.5 million, so there is still a chance for investors to buy before it goes live on exchanges.

yPredict offers a range of unique tools to users, all leveraging AI, including trading signals, chart pattern recognition, and sentiment analysis. The platform will focus mainly on helping financial market traders, but the “predictive model” AI software can be used to predict any future event based on past data. You can invest in the yPredict presale at a discounted price of $0.09 ahead of the listing price of $0.12.

Another promising AI crypto project is AiDoge. While the project markets itself as a meme coin, it is more of a utility token which leverages generative AI software, enabling users to create memes with text-based prompts. The $AI token will be used to access the AiDoge platform and also offers staking rewards.

The AiDoge presale has recently sold out after raising an incredible $15m, and the token will go live on exchanges on 19 June. The hype has been building around the project in recent weeks. Many pundits believe it could explode following its IEO because it is the crossover between a meme and an AI coin, and some traders are backing it to be the next big meme coin.

Investors are still able to buy AiDoge at the listing price of $0.0000336 ahead of its IEO.

DeFI 2.0

DeFi 2.0 refers to the second generation of decentralised finance. It is the new and improved rendition seeking to build more usable, scalable, and sustainable financial dApps.

We have seen dApps like GMX and GMD protocol on the Arbtitrum network provide “real yield” rewards to liquidity providers and stakers, rather than rely on inflationary tokens. Meanwhile, on Ethereum, we have seen the rise of liquid staking following the Ethereum Shapella upgrade.

However, many of the coins relating to these narratives have already boomed. One of the most promising projects at the momentis Launchpad XYZ. It is an all-in-one platform enabling users to do everything from browsing every metaverse or NFT to running algorithmic trading bots all from one platform.

The project tackles the most pressing issue in blockchain of usability. For newcomers to the industry, there is no single all-in-one dApp, making the DeFi experience fragmented and even more complicated. The project is currently in its presale, priced at $0.0445 and with an exchange listing price of $0.0565. So far, the Launchpad XYZ presale has raised over $800K.

Another hot DeFi 2.0 project that looks set to boom this month is DeeLance. It is a freelance and recruitment platform with an integrated metaverse and NFT real estate. It aims to become the next Fiver or Upwork, but it has many advantages since it leverages blockchain and cryptocurrency.

The platform will be cheaper, more secure and more user-friendly than legacy freelance sites. DeeLance will provide work ownership in the form of NFTs, borderless payments with low transaction fees and much more.

DeeLance is also in its presale, so far raising $1.2 million and currently priced at $0.038 per token. The exchange listing price is $0.057, presenting a significant discount to investors who get in early on the DeeLance presale.

Meme Coins

As much as many critics would like to say Pepe was the final meme coin run, the same thing was said after Dogecoin, then a year later after Shiba Inu. The fact is, meme coins can foster communities better than any other form of cryptocurrency.

Considering the fact much of cryptocurrency prices are speculative and hype-driven, this puts meme coins in a position to capture tremendous upside potential in short periods.

In a recent video, popular crypto analyst Jacob Bury highlighted that the Wall Street Memes token looks set to be the next meme coin to boom. Although the meme coin narrative among the masses may have quietened recently, Wall Street Memes has been undergoing a roaring presale.

The project has essentially been inversing other meme coins, with its presale smashing the $1 million mark in under one week. However, the presale’s success should be no surprise since its creators have a strong history and reputation in crypto.

Wall Street Memes is an established crypto and stock investing meme brand inspired by the Wall Street Bets Reddit movement in 2021. Initially, the team launched the Wall St Bulls NFT collection, which sold out in 32 minutes, netting $2.5 million.

Following that, the Wall Street Memes brand continued publishing memes and other humorous content across numerous social media channels, amassing over one million followers in total.

According to the coin’s presale website, the $WSM crypto seeks to “tokenise the movement”, referring to the anti-traditional finance movement of the Wall Street Bets Reddit group.

The Wall Street Memes presale has now raised an impressive $2.5 million, despite launching only on May 25. The current $WSM price is $0.0262, and the presale’s final round has a price of $0.0337. With the presale hard cap set to $30,577,000, there is still time for investors to buy the coin before it goes live on exchanges.

Elon Musk even interacted with the Wall Street Memes project on Twitter, highlighting its potential to go viral and see big price increases.