Bullish July is a serendipitous term prevalent in the cryptocurrency domain. It seems that July has often been noted to usher in significant price surges for tokens such as Bitcoin and Shiba Inu, making it a “lucky” month for crypto tokens to document new highs. The phenomenon as mentioned earlier might be a random fluke, but it has now transformed into an event that investors often watch.
With the onset of July, here are the top three trending token recommendations that one should stash to earn stellar gains soon.
Also Read: Cryptocurrency: 3 Coins To Majorly Rebound This July
Bullish July Meme Coins to Stack for Robust Profits
Cryptocurrency#1- Bonk
The Solana-based crypto coin BONK is now surging at an impeccable price pace, rising and peaking by 10% in the last 24 hours. According to CoinMarketCap, BONK is currently trading at $0.00002602, with prospects hinting at the token’s future price hike.
The dog-themed token was launched in 2022 and since then has grown exponentially, gaining nearly 23,674% in valuation. CoinCodex, a notable crypto analytics platform, predicts that the token may spike even more, surging to trade at levels behind 200%.
“The price of Bonk may rise by 227.72% and reach $0.00008520 by August 1, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 51 (neutral). Bonk recorded 15/30 (50%) green days with 16.81% price volatility over the last 30 days.”
The platform further states the bonk is emanating a bullish sentiment, making it a lucrative coin to hold and stash for future gains.
Cryptocurrency #2: Dogwifhat
Dogwifhat, or WIF, recently took the crypto domain by surprise by peaking and surging by nearly 58% in the last seven days, trading at $2.32 at press time. The Solana-based token is currently basking in the glory of the recent SOL ETF filings that have been lodged by financial giants Ark 21 Shares and VanEck.
According to CoinCodex, WIF may peak further, surging nearly 200% in the process. CC shares that the token may peak to trade at a new ATH of $7 by the end of July 2024.
“The price of Dogwifhat may rise by 228.25% and reach $7.38 by August 1, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 51 (neutral). Dogwifhat recorded 12/30 (40%) green days with 21.62% price volatility over the last 30 days.”
The technical indicators also categorize WIF as coin trading in the bullish realm. This makes WIF a suitable crypto coin to explore in the long run.
Cryptocurrency #3: Shiba Inu
The Shiba Inu Ecosystem is currently undergoing massive changes. For instance, the latest tweet by Shytoshi Kusama, Shiba Inu tech lead, has spurred a major shift in space. Kusama has teased his personality reveal in the upcoming IVS2024 event in Kyoto, Japan, a development that has sent shivers of excitement within the Shiba inu community.
At the same time, the token is known to make the most out of the bullish July phase, basking in the after-effects of the phenomenon by trading at higher price levels each July.
According to CoinCodex, SHIB may initially display a bearish sentiment. CC predicts the token will surge by 60% by July 9, 2024.
Also Read: Shiba Inu: Bullish July To Help SHIB Heal & Hit $0.000375, Here’s How?
“The Shiba Inu price forecast for the next 30 days is a projection based on the positive and negative trends. SHIB will be changing hands at $0.00002822 on July 9, 2024, gaining 64.80% in the process.”