As bulls and bears continue to play tug-o-war on the cryptocurrency market, some of its assets are showing more potential than others to become good investments in the next few weeks, and some of them are still available at a low price of $1 per wholecoin.
With this in mind, Finbold has analyzed the crypto sector to arrive at a list of several cryptocurrencies that fit the above description and are worthy of consideration to include in every investor’s to-buy list for the month of July.
Stellar (XLM)
One of the crypto assets that have been quietly skyrocketing is Stellar (XLM), which, in the words of the pseudonymous crypto trading expert NebraskanGooner, has been “going nuts, and no one is talking about it” amid the ongoing red-light green-light switches on most assets’ charts, showing potential for further growth.
At press time, Stellar was changing hands at the price of $0.09691, recording increases on all of its charts, including rising 5.61% in the last 24 hours, as well as gaining a significant advance of 23.63% over the past seven days and increasing by 10.28% in the previous month, thanks to multiple positive announcements, like the MoneyGram integration.
VeChain (VET)
A regular appearance on the low-cost to-buy lists, VeChain (VET) continues to be a good investment in July as well, thanks to its recent price action and developments surrounding its ecosystem, such as the recent listing announcement by crypto exchange Coinbase.
As things stand, VeChain is currently trading at the price of $0.0186, which demonstrates an increase of 25.93% across the week, despite minor losses of 0.95% on the day and 8.05% over the past four weeks, as the recent charts indicate.
XRP (XRP)
Another digital asset that prides itself on constant growth in recent weeks is XRP, the token at the center of the lawsuit that the United States Securities and Exchange Commission (SEC) has filed against blockchain company Ripple, accusing it of illegal sales of securities.
Despite increased regulatory pressure, active XRP addresses have surged, indicating an imminent price breakout for the token that has already gained 0.77% across the previous seven days and 2.10% on its monthly chart, as its price presently stands at $0.4819, according to the most recent data retrieved by Finbold on June 27.
Conclusion
All things considered, the above digital assets might be a good catch to purchase in July, but it is also important to remember that the crypto trading sector is sometimes prone to surprises. Therefore, any wise investor should do their own due diligence before assigning a significant part of their portfolio to a specific asset.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
