The cryptocurrency market made it through a disastrous month of June. Investors were hoping to witness a better July. But the volatile market of cryptocurrency had other plans. Historically July has posed as a bullish month for the market. Even though the month has just begun, certain investors are skeptical about cryptocurrencies pocketing gains. But a few others remain optimistic. Amidst this confusion, there are three assets that need to be brought for increased profits.
Most cryptocurrencies were showing significant recoveries from the week’s lows, the overall capitalization rose above $2.12 trillion. Although the price of Bitcoin appears to be steady, it’s vital to treat this quiet with caution because sentiment is still hazy.
Cryptocurrencies That Could Bring in Notable Profits
Notcoin [NOT] – With its “tap-to-earn” mining mechanism, Notcoin is a token that first acquired popularity through a popular Telegram game that effectively introduced web3 to a large number of people. The asset saw a major uptick in terms of price towards the end of May. This uptrend continued and NOT was pocketing gains over the last couple of days while the rest of the assets were suffering. At press time, NOT was trading at $0.016 with a 19% surge throughout the previous seven days.
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BONK – The Solana [SOL] based meme coin BONK has been in the headlines for a while now. More recently, the asset’s value increased when the Treasury disclosed a significant token burn. A 10% gain in market capitalization to $1,640,663,484 and a dramatic price increase were caused by the removal of 84 billion tokens from circulation to reduce the token supply. At press time, BONK was up 7% over the past 24 hours and was trading at $0.00002602.
Fetch.ai [FET] – The cryptocurrency is linked to the developing field of artificial intelligence. It is expected to grow significantly. The price of the coin dropped 68%, from $3.84 to $1.1, during a recent market collapse. But it could witness a reversal sooner than later.
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