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Home News Hottest Tokens on June 4: KAS, BEER, TOSHI Price Predictions

Hottest Tokens on June 4: KAS, BEER, TOSHI Price Predictions

Daniela Kirova
Daniela Kirova
Daniela Kirova
Author:
Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.
June 4th, 2024

Three of the top-performing tokens on Tuesday, June 4th, are Kaspa (KAS), Beercoin (BEER), and Toshi (TOSHI), with each of their price predictions for these tokens being mostly bullish.

KAS is currently trading at $0.174, showing a 16.99% increase today and a 25% increase over the past week. It has a verified market cap of $4.144 billion. One BEER is valued at $0.0002156, with the token’s value increasing by 14.53% today and 109.85% this month.

TOSHI is currently traded at $0.0004956, with its price having increased by 27.46% this month, reaching its all-time high at the beginning of March.

Is KAS poised for a breakout?

Kaspa uses proof of work and the GHOSTDAG protocol. GHOSTDAG is unique because it allows blocks created in parallel to coexist and supports high block rates without compromising on security.

Over the past month, the KAS token has had 8.15% price volatility and 53% green days. If KAS breaks out from the current barrier, it will chase the targets at $0.19, followed by $0.22. In 2025, the lowest possible price is expected to be $0.48. The maximum price is $0.65, with an average of $0.56.

Will the BEER rally last?

BEER’s rise has been meteoric. It amassed 300,000 followers in just a few days and capped off a $5 million pre-sale rapidly. The price has been rising steadily since its launch and is now slightly off from its all-time high. BEER also boasts a record number of exchange listings.

There are reasons to be reserved on this coin. A lot of Solana meme coins are surging, with Pepe, Shiba Inu, and WIF hitting record highs, so BEER could be riding the wave without actual merit. The lack of a clear roadmap makes us suspicious, as does the self-reported market cap.

Analyst predictions for BEER are hard to come by. Digital Coin Price expects BEER to cross a price level of $0.000550 in 2029, which is almost the same as the current price.

What about TOSHI, the Face of Base?

TOSHI was named after Coinbase CEO Brian Armstrong’s cat and Satoshi Nakamoto. It runs on the Base blockchain, an Ethereum L2, which offers improved security, interoperability with other networks, and stability. Base was built to deal with scalability issues, increase transaction speed, reduce fees, and improve the user experience. TOSHI, the self-proclaimed Face of Base, shares those goals.

Coincodex predicts that TOSHI will gain around 50% in the next five days, reaching $0.000729. The 200-day SMA and shorter-term 50-day SMA will hit $0.000361 and $0.000683 by July 4, 2024. The market for TOSHI is neutral according to the Relative Strength Index. For 2026, TOSHI price predictions range from $0.000392 to $0.001234.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.