Top 5 Cryptocurrency Gainers in July Despite Downtrend
The global crypto market experienced a $6 billion loss in July despite the ongoing Ripple (XRP) case against the US Securities and Exchange Commission (SEC). However, there were still some cryptocurrencies that managed to perform well. Here are the top five gainers among the leading 100 cryptocurrencies in July:
- XDC Network (XDC): XDC registered an almost 82% rise over the past month, with a current trading price of $0.058 and a market cap of over $808 million.
- Maker (MKR): MKR secured the second spot with 79.82% gains in July, reaching a market capitalization of $1.24 billion. Its trading volume dropped by 30% in the past 24 hours.
- Bone ShibaSwap (BONE): BONE saw a 53.47% rise over the past month, with a 24-hour trading volume of $10.11 million. Its price volatility decreased from 0.21 to 0.08.
- Ripple (XRP): XRP registered a 48.47% gain, reaching a price of $0.70. Its trading volume increased by 105%.
- Stellar (XLM): XLM was up by 47.5% in the past 30 days, trading at $0.15. However, its price volatility peaked at a 19-month high.
Despite the downtrend, these cryptocurrencies managed to show substantial gains in July. It is important for crypto readers to stay updated on market trends and track the performance of various coins.
Hot Take
Although the crypto market faced a loss overall, the performance of these top gainers indicates the potential for profitable opportunities even during challenging times. Keep a close eye on these cryptocurrencies as they continue to make waves in the market.
By
By
By
By