Cryptocurrency is a fascinating market that no one can predict what will happen next. For this post, we wanted to highlight the top 10 altcoin performers in July 2021. The goal of this list was to showcase some of the most interesting coins on the market and give you an idea of how they performed over time.
The Ten Altcoins that Increased the Most in July Are:
1) Axie Infinity (AXS) – 629%
Axie Infinity is a blockchain game. It is a combination of genetic engineering, the sale, and the trading of digital creatures called Axie. The team has been very transparent with their project: providing news & updates regularly—great team and community, which helped the token rise by 629%.
2) DigitalBits (XDB) – 271%
DigitalBits.io is a native token on the Factom blockchain. It is an open-source blockchain that aims to improve digital consumer assets. It allows users to participate in their future ecosystem through Proof of Stake and minting functionality and provides a stable currency mechanism. The team is excellent and vibrant, and their whitepaper is well thought through. They have good support from the community and an active group, which helped them rise by 271%.
3) Flow (FLOW) – 173%
Flow is a peer-to-peer network that allows people to share encrypted files. They utilize blockchain technology for storing data on servers and computers around the world. The Flow App has a built-in peer-to-peer sharing technology, encrypted chat, and files.
Flow has increased by 173%, and we can see why! The team recently announced they are developing their blockchain with sidechain support, which will allow for greater scalability and faster transaction speeds.
4) The Sandbox (SAND) – 158 %
The Sandbox is a platform where creators can monetize voxel assets and gaming experiences on the blockchain. Since June 1, SAND has been moving up. On July 3, it managed to break out of a descending resistance line. This high of $0.845 was reached on July 24
5) Chromia (CHR) – 116%
Chroma (CHR) is the blockchain platform, making it easy for people to build decentralized apps in the real world for a better world.
You can build smart contracts for rent, car sharing, delivery of goods and resources, etc. Chromium plans to scale globally by connecting users across multiple partner cities through an Ethereum blockchain-powered decentralized app (dApp). CHR increased by 116% as people believed in their idea and how it can help people to build decentralized apps in the real world.
6) Paris Saint-Germain Fan Token (PSG) – 107%
PSG is a blockchain-based fan token that has increased by 107% in value since the ICO. PSG was created to give fans more of a say in how their favorite team operates, to become an official club member eventually. You can use the token to vote on everything from which jersey color should be worn next season or even who will manage the team. The company behind it hopes that this new model will help clubs avoid any potential conflicts between players and owners and allow fans to feel invested in their teams without fork over thousands of dollars each year for tickets or merchandise.
7) Quant (QNT) – 88%
Quant Network is a company that is building the Overledger: the world’s first multi-chain network, allowing any blockchain to connect with any other blockchain. Essentially, Overledger is all about interoperability.
Quant (QNT) has increased by 88% in just the last 24 hours. The token is currently valued at $128.38, and trading volume has steadily grown throughout the day.
8) Dego Finance (DEGO) – 83%
Dego Finance is a decentralized financial ecosystem, which is based on blockchain technology. This system will store information about all users and execute operations with different financial instruments via smart contracts.
The DEGO token will be used as the primary means of payment in Dego finance ecosystem for paying for any services. The high 83% increase in price is a logical move as the Dego community is robust and can propose and elect ambassadors.
9) Aavegotchi (GHST) – 60%
Aavegotchi (GHST) token is a Defi-focused non-fungible token (NFT) that runs on the Aave protocol. Aavegatis are virtual representations that can be used as a placeholder for Defi collateral. An entire Defi economy will be created that enables peer-to-peer lending of Defi without the need for an intermediary.
This is a big deal as it allows institutional investors to participate in the world of blockchain lending. The company has had a very successful month, increasing by 60% this month.
10) Augur (REP) – 56%
Augur is a decentralized prediction market on the Ethereum blockchain. It allows users to create, share, and trade in reality markets – and by doing so, they can make money by trading in the outcome of events.
Augur also allows users to ask specific questions about future real-world events, then find and trade securities (betting contracts) on the outcome.
Augur (REP) token has increased in price by 56%. The token is currently valued at $26.09, and its trading volume has been steadily rising throughout the day.