News
3 Coins Ready to Give Double Returns in July
The cryptocurrency market is dubbed an evergreen and volatile arena that may or may not deliver stellar returns. Despite stark warnings, the allure of the market and its ability to dole out millions to the “lucky” is what keeps the cryptocurrency market abuzz with activity.
However, it is not just the luck factor. After many experiments and some mistakes, it was later revealed that one’s knowledge and experience regarding certain coins and projects is what works best in the long run. With that in mind. Here are our top three recommendations of coins that could increase by 200% in valuation in July, as predicted by CoinCodex.
Read also: Shiba Inu: SHIB millionaires thrive despite declining metrics
The best coins from May 2nd to July
Cryptocurrency no. 1: DogWifHat
DogWifHat or WIF is a Solana-based meme coin, which charts its own price path, based on pure unpredictability and resilience. The token briefly touched the $3 price point in March and has been hovering on a $2 price pedestal ever since.
The token continues to reach new heights. WIF recently surpassed USDT in terms of 24/7 on-chain activity. This development projects how strong WIF’s position is in the cryptocurrency realm.
For CoinCodexWIF could rise 200% in July, to trade at a price of $6.
“According to our current Dogwifhat price prediction, Dogwifhat price is expected to increase by 225.88% and reach $6.48 by July 27, 2024. According to our technical indicators, the current sentiment is neutral while the Fear & Greed index shows 40 ( Fear). Dogwifhat has recorded 9/30 (30%) green days with price volatility of 23.73% in the last 30 days.
Cryptocurrency #2: BONK
Solana is home to several notable meme coins, including Dogwifhat and BONK which have made significant waves in the cryptocurrency space. Similar to WIF, BONK is another dog-themed meme coin on Solana that has surged nearly 20441% since its launch in 2022.
The token is expected to rise by 200% once again in July. Second CoinCodexin the process it could reach a new price threshold of $0.00007100.
“According to our current Bonk price forecast, Bonk price is forecasted to increase by 227.41% and reach $0.00007100 by July 27, 2024. According to our technical indicators, the current sentiment is neutral while Fear & Greed index is showing 40 (Fear). Bonk has recorded 14/30 (47%) green days with price volatility of 20.86% in the last 30 days.”
Cryptocurrency #3: Toncoin
Toncoin is another noteworthy cryptocurrency that deserves to receive its undue recognition. The token has made great strides in the cryptocurrency space, primarily as a token that has partnered with the messaging app Telegram. To Coin recently increased by 14%, which helped the token stabilize its value at $7.
The token continues to enjoy heavy network activity on Ton and at the same time is seeing a rise in Blockchain games connected to Telegram, adding further popularity. This makes Toncoin a popular choice to hold and protect long-term.
Second CoinCodexToncoin could surge by 227% in July, helping the token reach a new all-time high of $24
Read also: DogWifHat: How high can peak WIF reach at the end of June
“Toncoin price could increase by 227.52% and reach $24.82 by July 27, 2024. According to our technical indicators, the current sentiment is bullish while the Fear & Greed Index shows 40 (fear). Toncoin has recorded 15/30 (50%) green days with a price volatility of 6.51% in the last 30 days.”