AI chatbot Claude identified three altcoins to watch in June. [Photo: Reve AI]

[DigitalToday reporter Yoonseo Lee] Bitcoin (BTC) briefly slipped below $73,000 on May 28, local time, and major altcoins also weakened across the board.

According to blockchain media outlet BeInCrypto, leverage liquidations expanded as exchange-traded fund (ETF) outflows and geopolitical tensions overlapped. Against that backdrop, Anthropic's artificial intelligence (AI) chatbot Claude picked Near Protocol (NEAR), Injective (INJ) and Worldcoin (WLD) as altcoins to watch in June.

A common pattern confirmed in this downturn was that altcoins that had been in a medium-term uptrend entered a short-term correction. Structures differed by token. Near Protocol and Injective showed a strong profit-taking character after large gains over the past month, while Worldcoin highlighted both bottoming concerns and the risk of supply dilution.

How did Near Protocol move first? Near Protocol traded around $2.35 as of May 28. It fell 7 percent over 24 hours, with an intraday range of $2.36 to $2.70. Its drop from the peak widened, but it posted gains of 35.2 percent over the past week and 74 percent over the past month. Its market capitalisation was $3.05 billion, ranking 34th among cryptocurrencies, and daily trading volume was $811 million, down 20.6 percent.

The market views this zone as a short-term correction phase. Analyst Michaël van de Poppe said, regarding his NEAR position, that he is preparing for both scenarios of a correction and a renewed rise.

The supply-and-demand structure also stands out. The market cap-to-fully diluted value (FDV) ratio was 1.0, reflecting that most tradable supply has already been released to the market and there are no dilution concerns from additional unlocks. The key June zone is $2.30 to $2.36. If it fails to hold, it could open down to $1.74, and if it recovers $2.50, the possibility of another attempt at $3 has been discussed.

Did Injective remain resilient despite a short-term correction? Injective traded around $5.34 and fell 8 percent over 24 hours. Its intraday range was $5.32 to $5.81. Its gain over the past 30 days was 48 percent and its weekly gain was 7.8 percent, making its medium-term trend relatively resilient despite the short-term decline. Its market capitalisation was $533 million, ranking 98th among cryptocurrencies, and trading volume fell 16.9 percent.

Trader NUG said on X, formerly Twitter, that Injective is showing a stronger trend than Bitcoin. He explained that while Bitcoin is showing a deep weakness, Injective remains above key price levels. He warned, however, that if Injective slips below the $5.28 to $5.44 range, it could become highly vulnerable to a breakdown. He added that for investors who bought below $5, it could be interpreted as a favourable entry zone if momentum builds.

Injective also has a market cap-to-FDV ratio of 1.0, meaning downside pressure from the supply side is relatively limited. For June, around $4.80 was presented as a key support line, and if it recovers $6, it could be read as a signal of renewed buying inflows.

Worldcoin posted the largest drop among the three mentioned. WLD traded around $0.2918 and plunged 19.7 percent over 24 hours. On May 18, it hit an all-time low of $0.2303, and its current price is 97.5 percent below its peak of $11.74. It rebounded 13.7 percent on a weekly basis, but buying interest also appeared to cool rapidly as trading volume fell 48.1 percent in a single day.

Analyst DyorNetCrypto said on X that a trendline breakout and the Supertrend indicator could be seen as buy signals. He added that caution is needed over the possibility of accumulating fatigue as the relative strength index (RSI) is at 77.6, in overbought territory.

Worldcoin's burden factor is its supply structure. The ratio of circulating supply to total issuance is about 0.34, meaning a large volume that is locked could be released to the market in the future. In that case, it could lead to persistent selling pressure. The June support zone was presented at $0.2303 to $0.2549, and if it breaks even that range, it could enter a state in which it is difficult to gauge the next downside zone.

All three tokens share the fact that, ahead of June, they faced a short-term correction within a medium-term rising trend. It was also pointed out that in periods of rapid market change, predictions based on past data may fail to reflect unexpected issues, sharp volatility or market distortions. As a result, in the June altcoin market, whether support levels hold, supply structures and the strength of a recovery in buying are expected to emerge as more important variables than the rate of gains for individual tokens.

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#Bitcoin #Anthropic #Claude #Near Protocol #Worldcoin
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