.png){kind=logo}
Cryptocurrencies are on the rebound on July 1 as prices turn green across the market.
But while Bitcoin is up 2% in the past 24 hours to $19,700, altcoins even in the top 100 cryptocurrencies by market cap are up 5%, 14%, and even 19% in the past day. Inevitably many low-market cap altcoins are also up between 50% to even 700% in the past day.
Collectively, altcoins have gained over $60 billion in the market cap so far into July while Bitcoin has gained $35 billion.
In this article we'll look at the top 10 fastest-growing altcoins cryptocurrencies on July 1: BNB, Solana, Algorand, Stellar, The Sandbox, Elrond, EverGrow Coin, Basic Attention Token, Amp, and Arweave.
BNB is pumping 7% in price today. BNB is trading at a price of $225 and growing faster than any other cryptocurrency in the top 20 tokens by market cap. Yesterday, Binance announced a partnership with the most followed man on TikTok – Khaby Lamy. But the BNB token also benefits from wider crypto investment as it powers the world's largest crypto exchange by market cap.
Solana is up 5% in price today to reach $33.41. Solana has lost 13% in the past week and fallen to 9th place in the crypto rankings by market cap. But today it is growing faster than rivals Cardano and XRP.
Algorand is up 7% in price today. The ALGO token is trading at a price of $0.3102. Algorand is a blockchain network supporting scalable applications. In 2022, it has announced it will become compatible with the Ethereum blockchain using a bridge.
Stellar is up 5% today to hit a price of $0.1105. Stellar is a P2P network aimed at connecting the world's financial systems and facilitating cross-border transactions with blockchain technology. MoneyGram recently launched a crypto-to-cash global money transfer service, using the Stellar network.
The Sandbox has pumped 14% in price today to reach $1.13. The SAND token powers The Sandbox metaverse which allows users to build and monetise their own metaverse gaming experiences.
Elrond is up 9% in price today to reach $51.80. Elrond is a blockchain protocol that offers rapid transactions through sharding.
EverGrow Coin has grown 7% over the past few hours to $0.0000001375. EverGrow Coin is the top reflection token in crypto, with a 14% transaction tax from which 8% is distributed as BUSD to investors. A further 3% is set aside for liquidity, 2% for buyback and burn, and 1% for marketing. You can use one of the online EverGrow Coin calculators (adjust for the size of EGC holding and daily trading volume) to figure out your own ROI.
EverGrow Coin is dropping an NFT marketplace over the next few weeks, which will ensure greater trading volume and attention for this crypto newcomer.
Basic Attention Token is up 12% in price today to hit $0.4037. The BAT token powers a blockchain-based digital advertising platform that rewards users for their attention through the Brave Browser.
Amp has grown 17% over the past 24 hours to hit $0.01016. Amp is a digital collateral token offering instant and verifiable assurances of any kind of transfer of value.
Arweave is up 20% in price today to reach $10.02. Arweave is a decentralised storage network that lets users store indefinite amounts of data. The AR token pays miners to store the network's information.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
