The cryptocurrency market is often referred to as a evergreen tree and a volatile stage, which may or may not yield lucrative returns. Despite these stern warnings, the attractiveness of the cryptocurrency market and its ability to distribute millions of dollars to “lucky winners” are the reasons for the market’s activity.
However, it’s not just a matter of luck. After numerous experiments and some failures, it was later discovered that in the long run, knowledge and expertise on certain coins and projects are most effective. Keep this in mind. Here are our top three coin recommendations, based on CoinCodex’s predictions, which may soar by 200% in July.
May’s top coins doubled in July
Image source: WatcherGuru
Cryptocurrency #1-DogWifHat
DogWifHat or WIF is a meme coin based on Solana, carving out its price path based on pure unpredictability and resilience. The token briefly touched the $3 price level in March and has since been hovering around the $2 price base.
The token continues to achieve new milestones. WIF has recently surpassed USDT in 24-hour on-chain activity. This development indicates how strong a foothold WIF has in the cryptocurrency space.
According to CoinCodex data, WIF may soar by 200% in July, trading at $6.
“Based on our current price forecast for Dogwifhat, it is expected that by July 27, 2024, the price of Dogwifat will rise by 225.88% to reach $6.48. According to our technical indicators, the current sentiment is neutral, and the fear and greed index is showing 40 (fear). Dogwifhat has recorded 9/30 (30%) green trading days, with a price volatility of 23.73% in the past 30 days.”
Cryptocurrency #2-BONK
Solana is the home of several notable meme coins, where Dogwifhat and BONK have made waves in the cryptocurrency space. Similar to WIF, BONK is another dog-themed meme coin on Solana that has surged by nearly 20441% since its launch in 2022.
The token is expected to soar by 200% in July. According to CoinCodex, it may climb to a new price threshold of $0.00007100 during this process.
“Based on our current price forecast for Bonk, it is expected that by July 27, 2024, the price of Bonk will rise by 227.41% to reach $0.00007100. According to our technical indicators, the current sentiment is neutral, and the fear and greed index is showing 40 (fear). Bonk has recorded 14/30 (47%) green trading days, with a price volatility of 20.86% in the past 30 days.”
Cryptocurrency #3-Toncoin
Toncoin is another cryptocurrency worthy of excessive recognition. The token has made significant strides in the cryptocurrency space, primarily as a token associated with the Telegram messenger application. Toncoin has recently surged by 14%, helping the token’s value stabilize at $7.
The token continues to enjoy heavy network activity on Ton, while witnessing an increase in blockchain games linked to Telegram, increasing its popularity. This makes Toncoin a popular choice for long-term holding and security.
According to CoinCodex data, Toncoin may soar by 227% in July, helping the token reach a historic high of $24.
“By July 27, 2024, the price of Toncoin may rise by 227.52% to reach $24.82. According to our technical indicators, the current sentiment is bullish, and the fear and greed index is showing 40 (fear). Toncoin has recorded 15/30 (50%) green trading days, with a price volatility of 6.51% in the past 30 days.”