Are you looking for some hot crypto picks to spice up your portfolio this month? If so, youโre in luck!
Weโve done the research and found five crypto assets to buy in July 2023 that are set to explode. Whether youโre into DeFi, gaming, or scalability, these coins have something for you. Hereโs why you should consider adding them to your watchlist.
Table of Contents
ROD Price Prediction
ROD is a new coin that aims to revolutionize the mining industry by using renewable energy sources and cutting-edge technology. ROD miners can earn rewards by providing green energy to the network, reducing carbon emissions, and increasing efficiency.
ROD also has a unique feature called block halving, which reduces the block reward by 50% every four years. This creates scarcity and increases the value of the coin over time.
ROD will have its first block halving on July 4, which means the supply will be limited and the demand will be higher. If you want to get in on this green mining revolution, now is the time to buy ROD.
Resting on toughest support, also it’s halving event is loading too, so the only up seems the way.
ZIL Price Prediction
ZIL is the native token of Zilliqa, a high-performance blockchain platform that supports smart contracts and decentralized applications. Zilliqa uses a technique called sharding, which splits the network into smaller groups of nodes that can process transactions in parallel, increasing the throughput and scalability of the network.
Zilliqa also has its own smart contract language called Scilla, which is designed to be secure and easy to use. Zilliqa will have a major upgrade that will enable EVM compatibility, meaning that developers can deploy smart contracts written in Solidity and other EVM-compatible languages on Zilliqa. This will open up the network to a wider range of dApps and users, especially from the Ethereum ecosystem.
Zilliqa also has a vibrant gaming hub ecosystem, where users can play games, collect NFTs, and earn rewards. With EVM compatibility and gaming innovation, Zilliqa is a coin to watch this month.
Facing multiple resistances, the mainnet is just around the corner; eventually, it will break which will be in a violent manner.
DYDX Price Prediction
DYDX is a decentralized exchange that allows users to trade spot, margin, and perpetual markets with low fees and high liquidity. DYDX leverages the power of smart contracts and layer-2 solutions to provide a fast and secure trading experience.
DYDX also has its own native token, which is used for governance, staking, and rewards. DYDX holders can participate in the decision-making process of the platform, earn interest on their tokens, and receive discounts on trading fees.
DYDX is set to launch its public testnet of its Cosmos-based blockchain on July 5th, which will bring more features and functionality to the platform.
The testnet will support Bitcoin and Ethereum markets initially, but will later include over 30+ markets as the network gets upgraded.
The testnet will also allow users to test various core flows such as placing limit orders, viewing market stats, and managing positions. If youโre looking for a cutting-edge DEX with a promising token, DYDX is a great choice.
Bounced from tough support, liquidity taken, now facing resistance also it’s even in the pipeline too, eventually it will be on fire too.
FLOW Price Prediction
FLOW is the native token of Flow, a blockchain platform that powers some of the most popular crypto games and NFTs in the industry. Flow is designed to be fast, scalable, and developer-friendly, enabling creators to build immersive and interactive experiences for their users.
Flow hosts some of the biggest names in crypto gaming and NFTs, such as NBA Top Shot, CryptoKitties, Dapper Labs, and more. Flow also has a robust staking system, where users can stake their FLOW tokens to secure the network and earn rewards. Flow is planning to upgrade its staking smart contract on July 5th at 8am PT, which will introduce a minimum staking requirement for delegators.
Delegators who have less than 50 FLOW staked will have their tokens unstaked at the end of the next epoch. This will improve the efficiency and security of the network, as well as create more demand for FLOW tokens. If youโre into gaming and NFTs, you donโt want to miss out on FLOW.
Moving in a parallel channel, it’s an event in the hype too, hence the breakout would be beautiful.
DASH Price Prediction
DASH is one of the oldest and most established cryptocurrencies in the market. DASH is known for its fast transactions, low fees, and privacy features. DASH uses a two-tier network of master nodes and miners to provide instant and secure payments, as well as optional private transactions using CoinJoin technology.
DASH also has a self-governing and self-funding system, where 10% of the block reward goes to a treasury fund that supports community projects and development.
DASH is preparing for a hard fork that will occur at block 1899072, which is expected around July 15th.
The hard fork will introduce several improvements to the network, such as increasing the block size limit from 2 MB to 4 MB, reducing the transaction fees by 90%, and enabling the ChainLocks feature, which protects the network from 51% attacks.
The hard fork will also activate the DASH Platform, which is a layer-2 solution that enables developers to build decentralized applications on top of DASH.
The DASH Platform will offer features such as data contracts, decentralized identities, and decentralized cloud storage. With the hard fork and the DASH Platform, DASH is ready to take its network to the next level.
Its hard fork is in full swing, and whereas it’s facing strong resistance, the event may cause it to break out majestically.
Conclusion
There you have it, five crypto assets to buy in July 2023. Of course, this is not financial advice and you should always do your own research before investing.
But if youโre looking for some exciting opportunities in the crypto space, these coins might be worth checking out. Happy trading!
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