Whereas cryptocurrency markets had been extra stagnant in the summertime months, some altcoins made their mark in July with the curiosity they acquired from buyers.
At this level, On-chain evaluation platform Santiment introduced the three altcoin teams that marked July.
Stating that 9 altcoins got here to the fore in three totally different classes, Santiment stated that though main cryptocurrencies similar to Bitcoin (BTC) and Ethereum (ETH) adopted a steady course, these 9 altcoins achieved good will increase all through July and continued to take action.
In synthetic intelligence altcoins, PALM, PAAL, 0x0;
In Solana (SOL) based mostly altcoins ANDY, POPCAT, WIF;
He stated that amongst different memecoin ketogoris, BENDOG, PONKE, MYRO got here to the fore with their rise and investor curiosity in July.
📊 Though Bitcoin, Ethereum and different high caps are flat at present, a number of altcoins proceed to take pleasure in July breakouts. Significantly:
🤖 AI & Huge Information cash like: PALM, PAAL, 0x0
🪙 Solana cash like: ANDY, POPCAT, WIF
🐶 Meme cash like: BENDOG, PONKE, MYRO pic.twitter.com/cGNapTpsDA— Santiment (@santimentfeed) July 18, 2024
*This isn’t funding recommendation.