Cryptocurrency Market Predictions: Three Tokens Expected to Surge in July
The cryptocurrency market is known for its evergreen and volatile nature, offering the potential for lucrative returns. Despite stern warnings, the market’s allure and its ability to reward “lucky winners” with millions of dollars continue to keep the cryptocurrency market active.
However, it’s not just luck. After multiple experiments and a few mistakes, it has been discovered that long-term knowledge and expertise in certain tokens and projects are the most effective. Keeping this in mind, here are three tokens that we recommend, as predicted by CoinCodex, which could see a 200% surge in valuation in July.
Popular Tokens Expected to Double in Value in July
1. DogWifHat (WIF) – A meme coin based on Solana, DogWifHat, also known as WIF, has carved its own price path with its unpredictability and resilience. The token briefly touched a price milestone of $3 in March and has since hovered around the $2 mark.
The token continues to achieve new milestones, with WIF recently surpassing USDT in 24-hour on-chain activity. This development indicates the strong foothold that WIF holds in the cryptocurrency space.
According to CoinCodex data, WIF could surge by 200% in July, reaching a trading price of $6.
“Based on our current price prediction for Dogwifhat, we expect the price of Dogwifhat to increase 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 has recorded 9/30 (30%) green days in the past 30 days, with a price volatility of 23.73%.”
2. BONK – Solana boasts several meme coins worth noting, and DogWifHat and BONK have caused a huge stir in the cryptocurrency space. Similar to WIF, BONK is another dog-themed meme coin on Solana that has surged by almost 20,441% since its launch in 2022.
The token is expected to see another 200% surge in July. According to CoinCodex, it may climb to a new price threshold of $0.00007100.
“Based on our current Bonk price prediction, we expect the price of Bonk to increase 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 shows 40 (Fear). Bonk has recorded 14/30 (47%) green days in the past 30 days, with a price volatility of 20.86%.”
3. Toncoin – Toncoin is another cryptocurrency worth paying attention to as it gains the recognition it deserves. The token has made significant progress in the crypto space, primarily as the token associated with the Telegram messaging application. Toncoin has recently surged by 14%, helping the token’s value stabilize at $7.
The token continues to enjoy significant network activity on Ton and has witnessed an increase in Telegram-related blockchain games, further adding to its popularity. This makes Toncoin a popular choice for long-term holding and protection.
According to CoinCodex, Toncoin could surge by 227% in July, helping the token reach a new all-time high of $24.
“By July 27, 2024, Toncoin’s price could increase by 227.52% and reach $24.82. According to our technical indicators, the current sentiment is bullish, while the Fear and Greed Index shows 40 (Fear). Toncoin has recorded 15/30 (50%) green days in the past 30 days, with a price volatility of 6.51%.”
