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As we enter a new month, we can definitely expect new trends to shape the world of crypto. The month of June overall has been good for the cryptocurrency market, recovering from the market turmoil in May. The best cryptocurrencies will grow stronger in the coming months starting from July. If you are still wondering whether to invest in cryptocurrency, leave behind all your concerns and read this guide to make an informed decision about cryptocurrency investments.
So which is the best cryptocurrency to invest in in the month of July? Of course, Bitcoin and Etheruem are popular choices, let's look at the other best cryptocurrencies for July 2021.
If you are amazed, the rundown didn't start with Bitcoin, it is time to shift your focus to other best cryptos to buy this month. According to The Economy Forecast Agency, the price of Ethereum will reach US$2769 in July. Experts also suggest that Etheruem holds the potential to beat Bitcoin this month and become the top cryptocurrency to invest in in July.
Current Price: US$2,198.98
No list is complete without Bitcoin. The largest cryptocurrency in the market is the most preferred option for investors. There is no denying that this best crypto will dominate the crypto market no matter the prices rise or fall.
Current Price: US$34,278.82
Cardano is the best crypto to buy today as a lot of new improvements and developments will take place on the blockchain. With this, it holds immense potential to deliver long-term benefits with regard to investment purposes. IOHK, supporting Cardano, announced a new initiative called Alonzo hard fork. It will empower smart contract functionality on the Cardano blockchain.
Current Price: US$1.34
Polkadot is again innovation in blockchain technology that will transform the decentralization of the internet. There are three reasons why it is growing – security, speed, and governance. Unlike other cryptocurrencies, Polkadot's blockchain can be easily scaled globally.
Current Price: US$15.69
Ripple is becoming quite popular as it won the lawsuit where The Securities and Exchange Commission (SEC) didn't give permissions to access to private documentation of Ripple Labs' legal status. This popularity is boosting the growth of Ripple. Also, it intends to go public. This should be a major factor to consider if you wish to invest in the best crypto in July.
Current Price: US$0.6781
Bitcoin cash makes the list of best crypto to buy now because of its faster processing of transactions with low fees. This crypto offers scalability, which implies its potential to grow in the future is huge. Now is the best time to invest in Bitcoin Cash as the prices have slashed down.
Current Price: US$511.46
Binance Coin currently holds the 4th position as per CoinMarketCap ranking. Digitalcoin predicts that the price of Binance Coin will reach $1,246 by 2028. Well, still a long way to go, but its steady growth surely indicates a positive development.
Current Price: US$293.23
If you wish to know everything about Polygon, head to this article that will tell why it is the best coin to invest in now. Did you know it grew by 9,000% in 2021? This figure itself should be one sole reason for you to invest in polygon right away.
Current Price: US$1.12
Uniswap is a decentralized finance protocol that is utilized to trade cryptocurrencies. The protocol works with automated transactions between cryptocurrency tokens on the Ethereum blockchain using smart contracts. It can soon become the highest value cryptocurrency.
Current Price: US$18.52
While Bitcoin, Ethereum, Dogecoin are the most popular ones, other cryptocurrencies like Tether are secretly growing. Tether has quickly become one of the best cryptos to invest in in 2021. Unlike other cryptocurrencies, Tether has very few risky elements. Hence, it is considered a stable and safe cryptocurrency to buy.
Current Price: US$1.00
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
