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Cryptocurrency analysts name the most promising altcoins of July

9:33 am, July 4, 2023

not financial advice — ed.

Cryptocurrency analysts from the CryptoBusy YouTube channel have shared four altcoins to watch in July 2023. The experts noted that their advice is not a call for investment action, but emphasized that traders can potentially benefit from buying these virtual coins.

According to the experts, the most promising digital assets in July could be Internet Computer (ICP), Conflux (CFX), Cardano (ADA), and Polygon (MATIC).

According to analysts, ICP is a cryptocurrency that allows users to create web services, including applications and websites, in a decentralized manner. According to crypto bloggers, the coin’s potential lies in the many events taking place behind the scenes of the project. Experts are convinced that the ICT token is currently seriously undervalued due to the situation on the global market.

As of the morning of July 4, Internet Computer (ICP) is trading at $ 4.46 with a market capitalization of $ 2.2 billion. Traders made daily trading deals worth $ 22.8 million.

As for Conflux, crypto experts assured: «CFX stands out from the mass of tokens and will become widespread in the future due to the development of digital currencies in Hong Kong and the Asian region as a whole.

At the time of writing, Conflux (CFX) is worth $ 0.2069. The asset’s market capitalization is $ 1 billion, and daily trading transactions exceeded $ 73.5 million.

Crypto bloggers also did not forget about Cardano and emphasized that it is one of the most reliable blockchain startups. Traders emphasize that «certain bullish signals have lingered on the ADA course, making this coin worthy of close attention in the coming weeks.»

Today, ADA is trading at $ 0.2968. The total supply of coins circulating on the market is $ 13.3 billion. Daily trading transactions exceeded $ 208.7 million.

Finally, the analysts predicted a potential increase in Polygon’s quotes, which could lead to a 40% rebound. Experts emphasize: MATIC will remain relevant in the long run, so it deserves investors' attention.

Today, MATIC is trading at an average price of $ 0.7065. The coin’s market capitalization is $ 7 billion. Traders made daily trading deals worth $ 345.2 million.

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