(Updated On 03 July 2024, 23:29 PM IST):
The crypto market has been quite bearish recently, with the prices of many altcoins and memecoins taking a hit due to a dip in Bitcoin and Ethereum.
Since June 7, Bitcoin (BTC) has dropped from $72K to $60,782, marking a decline of over 15%. As Bitcoin now hovers around the crucial support level of $60K, any potential rebound could bring gains for several tokens. Here are three to watch in July:
1. Notcoin (NOT)
Notcoin has experienced a significant correction, dropping by more than 50% in the past month. Currently, Notcoin is trading at $0.01379, close to a major support line. If it manages to rebound from this level, we could see some gains in July.
2. Pepecoin (PEPE)
Pepecoin, a popular memecoin, is showing signs of potential movement. Previously, we observed a pattern in its chart where the price surged by a massive 223%. Right now, Pepecoin is trading at $0.000011 with a market cap of $4.79 billion. If this pattern repeats, we might see a rise in Pepecoin’s price in July.
3. Worldcoin (WLD)
Worldcoin’s Identity Token has also faced a tough month, with its price dropping nearly 50% from $4.89 to $2.52. This decline has brought Worldcoin to a major support zone. A rebound from this level could lead to a recovery in July.
As always, it’s important to do your own research and stay informed about market trends before making any investment decisions. Happy trading!