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Cryptocurrency experts name digital tokens whose market capitalization will reach $ 1 billion in July

1:47 pm, July 1, 2024

Note: not investment advice!

Finbold analysts note that despite the significant volatility of the cryptocurrency market over the past week, some digital assets continue to show significant growth potential. Experts have identified two cryptocurrencies that could exceed $ 1 billion in market capitalization in July.

Quant (QNT)

Quant (QNT) is a platform designed to integrate various distributed ledger technologies (DLTs) and eliminate communication barriers between them. The main problem that Quant solves is the low adoption of DLTs due to the lack of technical means to migrate data between different DLTs.

Currently, Quant is trading at $ 77.81 with a market capitalization of $ 920 million. The token has been in a downtrend, but has recently shown signs of a strong recovery. Trading volume remained at an average level, indicating moderate trader activity. However, a significant price recovery from the lower wedge support indicates a potential breakout.

Flow (FLOW)

Flow (FLOW) is a native token of the Flow blockchain created by Dapper Labs that is used to power decentralized applications (dApps) and digital assets. Flow aims to provide a high-performance, user-friendly platform that can address the challenge of scalability without sacrificing decentralization.

Recently, Flow has shown an uptrend and is currently trading at $ 0.62, showing a one-day increase of 4% and a market capitalization of $ 928 million.

Both cryptocurrencies show significant growth potential amid the current volatile market conditions. Quant’s innovative approach to DLT interoperability and Flow’s robust platform for decentralized applications make them strong contenders for reaching a $ 1 billion market cap.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

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