Bijie.com reported:
July Bull Market is a popular term in the cryptocurrency field. It seems that July is often considered a “lucky” month for tokens like Bitcoin and Shiba Inu that experience significant price increases, making it a month for record-breaking cryptocurrency highs. While this phenomenon may initially be seen as mere coincidence, it has now become an event that investors frequently pay attention to.
As July approaches, here are three of the most popular token recommendations that people should hold onto in order to quickly gain substantial profits.
Meme Coins in July have a strong upward trend and the potential for lucrative profits.
Cryptocurrency 1: Bonk
The Solana-based cryptocurrency BONK is currently experiencing a flawless price surge, with a 10% increase and reaching its peak in the past 24 hours. According to CoinMarketCap, BONK’s current trading price is $0.00002602, suggesting a future price increase for the token.
This dog-themed token was launched in 2022 and has since experienced exponential growth, with its valuation increasing by nearly 23,674%. The renowned cryptocurrency analysis platform CoinCodex predicts that the token may further skyrocket, reaching trading levels of over 200%.
“By August 1, 2024, the price of Bonk may rise by 227.72% to $0.00008520. Based on our technical indicators, the current sentiment is bullish, with a Fear and Greed Index showing 51 (neutral). In the past 30 days, Bonk has recorded 15/30 (50%) green days and a price volatility of 16.81%.”
The platform further points out that Bonk is emitting a bullish sentiment, making it a profitable currency worth holding and storing for future returns.
Cryptocurrency 2: Dogwifhat
Dogwifhat (abbreviated as WIF) has recently gained significant prominence in the cryptocurrency field, with a nearly 58% surge in the past 7 days, and a trading price of $2.32 at the time of writing. This Solana-based token is currently enjoying the glory brought by the recent SOL ETF applications submitted by financial giants Ark 21 Shares and VanEck.
According to CoinCodex, WIF may further reach its peak, skyrocketing by nearly 200% in the process. CC believes that by the end of July 2024, the token’s trading price may reach a new high of $7.
“By August 1, 2024, the price of Dogwifhat may rise by 228.25% to $7.38. Based on our technical indicators, the current sentiment is bullish, with a Fear and Greed Index showing 51 (neutral). Dogwifhat has recorded 12/30 (40%) green trends in the past 30 days and a price volatility of 21.62%.”
The technical indicators also classify WIF as a token trade in the bullish territory, making it a cryptocurrency suitable for long-term exploration.
Cryptocurrency 3: Shiba Inu
The Shiba Inu ecosystem is currently undergoing significant changes. For example, a recent tweet from Shytoshi Kusama, the head of Shiba Inu Technology, has sparked a major shift in the space. Kusama revealed that he will showcase his personality at the upcoming IVS2024 event in Kyoto, Japan, which has excited the Shiba Inu community.
Meanwhile, it is well known that the token takes full advantage of the bull market phase in July, enjoying the aftermath of trading at higher price levels every July.
According to CoinCodex, SHIB may initially exhibit bearish sentiment. CC predicts that by July 9, 2024, the token will surge by 60%.
“The Shiba Inu price prediction for the next 30 days is based on both positive and negative trends. SHIB is expected to change hands at a price of $0.00002822 on July 9, 2024, with a 64.80% increase.”
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Three JulyThree July Moonshot Meme Coins for Maximum Accumulative Profits
Add A Comment