The cryptocurrency market is considered a volatile and evergreen market that may or may not generate stellar returns. Despite the stark warnings, the appeal of the market and its ability to award millions to the โlucky onesโ is what keeps the cryptocurrency market buzzing with activity.
However, it is not just a matter of luck. After many experiments and a few mistakes, it was later revealed that oneโs knowledge and experience regarding certain coins and projects is what works best in the long run. Keeping this aspect in mind, here are our top three recommendations of coins that can increase by 200% in terms of valuation in July, as predicted by CoinCodex.
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The best coins that can double in July
Cryptocurrency #1: DogWifHat
DogWifHat or WIF is a Solana-based meme coin that charts its own price path, based on its sheer unpredictability and resilience. The token briefly touched the $3 price mark in March, and has since been hovering around a $2 price pedestal.
The token continues to reach new milestones. WIF recently surpassed USDT in terms of 24-hour on-chain activity. This development demonstrates how strong WIF's presence is in the world of cryptocurrencies.
By Coin codeWIF could increase by 200% in July and trade at $6.
โAccording to our current Dogwifhat price prediction, Dogwifhat price is expected to rise by 225.88% and reach $6.48 on July 27, 2024. According to our technical indicators, the current sentiment is Neutral, while the fear and greed index shows 40 (Fear). Dogwifhat recorded 9/30 (30%) green days with a price volatility of 23.73% in the last 30 days.โ
Cryptocurrency #2: BONK
Solana is home to several notable meme coins, of which Dogwifhat and BONK have made waves in the cryptocurrency space. Like WIF, BONK is another dog-themed meme coin on Solana that has risen nearly 20,441% since its launch in 2022.
The token is expected to rise by 200% again in July. According to Coin codemay rise to a new price threshold of $0.00007100 in the process.
โBased on our current Bonk price prediction, the Bonk price is projected to rise by 227.41% and reach $0.00007100 on July 27, 2024. According to our technical indicators, the current sentiment is Neutral while the Fear and Greed Index is showing 40 (Fear). Bonk recorded 14/30 (47%) green days with a price volatility of 20.86% over the past 30 days.โ
Cryptocurrency #3: Toncoin
Toncoin is another notable cryptocurrency that deserves to receive undue recognition. The token has made significant strides in the crypto space, primarily as a token that has collaborated with the messaging app Telegram. To Coin recently surged by 14%, helping the token stabilize its value at $7.
The token continues to enjoy a lot of network activity on Ton and at the same time, it is witnessing a rise in Telegram-linked Blockchain games, which is increasing its popularity. This makes Toncoin a popular choice to hold and secure for the long term.
According CoinCodexToncoin may surge 227% in July, helping the token hit a new all-time high price of $24
Also read: DogWifHat: How high can WIF reach by the end of June?
โToncoin price may rise by 227.52% and reach $24.82 on July 27, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed index shows 40 (Fear). Toncoin recorded 15/30 (50%) green days with a price volatility of 6.51% in the last 30 days.โ
