Cryptocurrency experts name the most profitable digital tokens of July

Analysts of the cryptocurrency market are starting to summarize the results of July. Experts noted a sharp jump in the popularity of meme coins, fluctuations in the bitcoin exchange rate, and relative stability in global market capitalization.

According to analytical trackers, one of the best cryptocurrencies of the month was XDC Network (XDC). Over the past day alone, the digital asset rose by 17.85%, and over the week, the figure amounted to 49.15%. This scenario allowed the virtual coin to take the 62nd position in the top ranking. XDC can be purchased for an average of $ 0.049. The total supply of coins circulating on the market amounted to $ 683.21 million. Transaction volumes over the past 24 hours exceeded $ 17.22 million.

July was also a good month for Casper (CSPR) investors. Today, the token is trading 10.1% higher than yesterday. The rate of the digital asset was fixed at $ 0.039, and the market capitalization amounted to $ 439.61 million. The virtual coin took the 86th place in the top 100 list. Over the past 24 hours, traders have secured deals worth $ 10.01 million.

Researchers of the cryptocurrency market noted the growth of Tron (TRX) quotes — they jumped by 6.3% overnight. The digital coin costs an average of $ 0.086, and its capitalization has crossed the $ 7.72 billion mark. This allowed TRX to take the 10th place in the top ranking. Trading volumes amounted to $ 708.23 million per day

Among the top 200 cryptocurrencies, analysts noted the growth of Kin (KIN) quotes. Over the past day, the digital coin’s rate soared by 28.3%. The token rose to $ 0.18. The market capitalization of the asset was fixed at $ 41.24 million. Daily trading volumes exceeded $ 1.03 million.

As for the flagship coin BTC $62,924.40 Bitcoin 2.12% Market capitalization $1.24 trillion VOL. 24 hours $1.36 billion , over the month, bitcoin has correlated with the exchange rate in the range of $ 29,556-$ 31,814. At the time of writing, the main cryptocurrency is trading at $ 29,783 with a market capitalization of $ 625.6 billion, a 0.45% drop. Daily trading volumes increased by 22% to $ 10 billion. According to CoinMarketCap, bitcoin’s market dominance has increased to 48.6%.

In July, the leading altcoin ETH $3,481.62 Ethereum 2.51% Market capitalization $418.45 billion VOL. 24 hours $0.7 billion fluctuated between $ 1,822 and $ 2,026 per coin. At the moment, ethereum is trading at $ 1,870. The total supply of the asset is $ 224.8 billion, which is down 0.24%. Traders made daily trading deals worth $ 4.5 billion. ETH’s market share is 18.9%.

The global market capitalization slipped by 0.52% over the day to $ 1.19 trillion. The total trading volume of all digital assets amounted to $ 24.39 billion.