Top 8 Cryptocurrencies to Purchase That Could Skyrocket in July
As the crypto market enters the summer season, it’s no surprise that major tokens like Bitcoin and Ethereum are experiencing a slight decline while emerging tokens are seeing explosive gains. This presents a great opportunity for traders who are willing to hold off on their summer vacations.
We have identified eight tokens that we believe have the potential to deliver returns of at least 10x this summer. Let’s take a closer look at these tokens and why we think they are worth buying today.
First up, we have PlayDoge, which is one of the hottest new meme coin presales. It has raised over $5.2 million in just a few weeks since its launch. PlayDoge is creating a play-to-earn crypto game inspired by the popular 90s game Tamagotchi. Players can earn $PLAY tokens by taking care of a virtual doge companion and participating in video game-inspired side adventures. The game will be available on iOS and Android, giving it a potentially massive user base. Buying $PLAY tokens during the presale offers investors the chance to fill their bags before the token’s launch, and the added bonus of 121% APY staking rewards.
Next, we have Froglic, a new meme coin on the Ethereum blockchain that features the popular Pepe meme. Created by the same designer as the original Pepe the Frog cartoon, Froglic has experienced explosive gains, with a 43,000% increase in the first 24 hours of its launch. What makes this token attractive is its tokenomics – there are no taxes on buys or sells, and the project’s liquidity is fully locked. The team behind Froglic has also renounced ownership over its smart contract, adding to its appeal.
Aave, a crypto DeFi platform, is another token to watch. While it suffered during the crypto winter and is currently trading 85% below its all-time high, the market conditions are favorable for a potential resurgence. With the arrival of Bitcoin ETFs, the crypto market has firmly established itself in the financial landscape. As meme coins have dominated the bull run so far, we expect a shift towards DeFi this summer. Aave is already gaining momentum, with an 11% increase in the past week and over $100 million in trading volume. As more investors flock back into DeFi and rely on Aave’s lending services, we expect the token to continue to climb in the coming months.
Pepe Unchained is another exciting meme coin that offers a lot of utility. The project is building an Ethereum Layer-2 network centered around the Pepe theme, creating a potential hub for meme coin development. The Layer-2 network will be faster and charge lower transaction fees compared to the Ethereum mainnet, while still benefiting from Ethereum’s security model. Pepe Unchained also plans to offer staking, allowing investors to earn from the network. The presale has already raised over $1 million, indicating strong demand for this meme coin.
Monero, an established large-cap crypto token, could also deliver significant gains in July. Despite being delisted from Binance earlier this year, it has been steadily recovering and has gained nearly 18% in the past month. With a market cap of $3 billion, a 5x gain is not out of the realm of possibility. Monero could also benefit from the growing need for privacy in the crypto ecosystem, as users seek to protect their anonymity. While regulatory pressure may pose long-term challenges, it presents a compelling investment opportunity for those who value financial privacy in the short to medium term.
Big Bud is a newly launched meme coin that has generated a lot of buzz. In its first 24 hours, the $BUD token experienced a 20,000% increase. Based on a stoner character created by the same artist as Pepe and Froglic, Big Bud has a market cap approaching $1 million. However, it still has room for further gains, and if the momentum continues, early investors could see significant returns.
Base Dawgz is a new meme coin built on Coinbase’s Ethereum Layer-2, Base. It has seen strong demand during its token presale, raising over $2.2 million. What sets Base Dawgz apart is its cross-compatibility between different networks, including Ethereum, Solana, Binance Smart Chain, and Avalanche. This makes it a valuable token for traders who frequently need to move tokens between chains. Additionally, presale investors can earn more $DAWGZ tokens by sharing content from the Base Dawgz social accounts. Analysts widely expect this token to soar after launch.
Finally, we have Flappy, another new meme coin that recently launched on Base. In its first 24 hours of trading, the $FLAPPY token saw a nearly 7,000% increase. While it has a small market cap of only $128,000, it has the potential for massive gains. Traders should note that this token comes with high risk, but also high reward. With no buy or sell tax, a fully burned liquidity pool, and ownership renounced by the project’s team, Flappy is definitely a token to keep an eye on.
In conclusion, the summer season presents a unique opportunity for traders to capitalize on emerging tokens that have the potential to deliver significant returns. PlayDoge, Froglic, Aave, Pepe Unchained, Monero, Big Bud, Base Dawgz, and Flappy are just a few of the tokens worth considering for those looking to make the most of the current market conditions.