Top 8 Cryptocurrencies to Consider Buying in July with Potential for Explosive Growth
Summer has arrived in full force within the cryptocurrency market, historically signaling a slight decline in major tokens like Bitcoin and Ethereum, while newly emerging tokens experience explosive growth. Presently, the market holds ample opportunities for traders who choose to forgo their summer vacation.
We have identified 8 tokens that we believe could yield returns of 10x or greater throughout this summer. Let’s delve into what they are and why we consider them to be advantageous investments at this time.
PlayDoge
PlayDoge
emerges as one of the most talked-about meme coin presales, having raised over $5.2 million within a few weeks of its launch. Numerous analysts have heralded this token as the next big crypto to surge, and traders are scrambling to participate in the $PLAY token presale.
PlayDoge is developing a play-to-earn crypto game loosely inspired by Tamagotchi, the popular 90s-era virtual pet game that sold over 82 million devices. In PlayDoge, players can earn $PLAY tokens by taking care of a virtual doge companion. Additional $PLAY can be earned by engaging in classic video game-style side adventures.
The forthcoming PlayDoge game will be available on both iOS and Android, potentially reaching hundreds of millions of users globally. To partake in the game and start earning, players will require $PLAY tokens, leading to a surge in demand for $PLAY at its current discounted presale price.
In an additional perk, presale investors have the opportunity to amass $PLAY ahead of the token’s launch, thanks to 121% APY staking rewards. Seize this chance to participate in the PlayDoge presale today and
purchase $PLAY
before its substantial ascent.
Froglic
Froglic
is a new meme coin built on the Ethereum blockchain, presenting a fun and engaging twist on the immensely popular Pepe meme. Its mascot features a pink hood and possesses a wet, sloppy tongue, ready to consume anything in its path. The creator of the original Pepe the Frog cartoon, Matt Furie, is behind this creation.
Froglic has delivered the most explosive gains among meme coins over the past month, surging over 43,000% within the first 24 hours of its release. While the token has reached a market cap of $3.3 million, it still holds substantial potential to leap another 100x before reaching the levels of the top meme coins.
This token stands out due to its tokenomics. There are no taxes imposed on purchases or sales, making trading the $FROGLIC token significantly easier. Furthermore, the project’s liquidity is entirely locked, and the team behind Froglic has relinquished ownership of its smart contract.
Aave
One of the prominent winners during the last crypto bull run, the Crypto DeFi platform
Aave
offered lending services across the crypto ecosystem. However, it faced significant setbacks during the crypto winter, with its $AAVE token currently trading 85% below its all-time high.
The time appears ripe for $AAVE to stage a comeback. With the influx of Bitcoin ETFs and the cryptocurrency market’s solid establishment in the financial landscape, meme coins have dominated the bull run thus far, overshadowing DeFi. However, this trend might shift during the upcoming summer.
$AAVE has started gaining momentum, exhibiting an 11% increase in the past week with a trading volume surpassing $100 million. Expect this token to continue its ascent as crypto investors return to DeFi and rely on Aave’s lending services to make more bets across different blockchains in the coming months.
Pepe Unchained
Pepe Unchained
stands as another intriguing new meme coin with significant utility backing it. The project is constructing an Ethereum Layer-2 network centered around the Pepe theme, establishing a potential new nucleus for meme coin development within the Ethereum ecosystem.
The Pepe Unchained Layer-2 network will operate at a speed 100x faster than the Ethereum mainnet while charging a fraction of the transaction fees. Simultaneously, Pepe Unchained will continue benefiting from the reliability of Ethereum’s security model.
Moreover, Pepe Unchained plans to introduce staking, providing investors in its $PEPU token with a means to earn from the network. During the Pepe Unchained presale, early investors can stake their $PEPU tokens and earn 1,605% APY rewards.
The Pepe Unchained presale has kicked off with remarkable success, raising over $1 million in its inaugural week. This meme coin appears poised to yield explosive returns, so don’t miss out on the opportunity to
acquire $PEPU
at a considerable discount.
Monero
Monero
represents another established, large-cap crypto token that could deliver substantial gains in July, despite its ongoing recovery from being delisted from Binance earlier this year. The token has managed to regain momentum impressively.
In the past month alone, $XMR has witnessed an almost 18% increase, with trading volume consistently surpassing $100 million per day throughout June. While the token holds a $3 billion market cap, a 5x surge is entirely within the realm of possibility.
$XMR could also benefit from broader privacy trends. As maintaining anonymity in the crypto ecosystem becomes more challenging, an increasing number of crypto users might transition to Monero to safeguard their privacy. Although the token faces long-term regulatory pressures, it remains an appealing investment in the short to medium-term for those valuing financial privacy.
Big Bud
Big Bud
has recently emerged as a meme