The month of May and June has been a roller coaster ride for cryptocurrency investors. We have seen a lot of price fluctuation in cryptocurrency after the fud created by China. But the good news is now many big companies are accepting cryptocurrency as the means of payment.
Central American country El Salvador accepted Bitcoin as legal tender which was huge news for the cryptocurrency. In this article, we have discussed the top 5 best Cryptocurrency to Invest in July 2021. The below-discussed cryptocurrencies are fundamentally strong and have a bright future (NFA).
Top 5 Best Cryptocurrency to Invest in July 2021
1. Bitcoin (BTC)
The giant cryptocurrency Bitcoin is one of the safest coins to invest in July 2021. Bitcoin has touched its all-time high of $65K. Many investors tried to buy Bitcoin between $50K-$60K. Now the cryptocurrency has taken a correction in its price.
Currently, Bitcoin is trading at nearly $35K. Bitcoin has a taproot update event in November 2021 which makes Bitcoin more secure and safest cryptocurrency. As per many experts, Bitcoin will touch the mark of $80K by the end of 2021.
2. Ethereum (ETH)
Many investors mostly new investors ignore cryptocurrencies like Bitcoin and Ethereum and invest their money in shitcoins. Ethereum is the second biggest cryptocurrency after Bitcoin. Etheruem has touched its all-time high of $4,356 in April.
Currently, Etheruem is trading at the price of $2K. This is the golden chance to accumulate Ethereum during this dip rather than investing in shitcoins. As per experts, Etheruem will break the price of $10K by the end of 2021. Ethereum has a London Hard Fork Event on 31st July 2021. This event will definitely affect the price of Ethereum.
3. Binance (BNB Coin)
Binance Coin (BNB coin) is the coin of the world’s number one cryptocurrency exchange Binance. Currently, the price of Binance coin is $294. BNB coin has touched its all-time high of $686.
BNB coin has an event in September 2021. Kira is going to integrate with Binance Smart Chain (BSC) on 30 September 2021. After this, Investors can stake BNB coin on Kira network or any other token which is available on Binance Smart Chain (BSC) and can yield farm at the same time.
The CEO of Binance has recently tweeted that “BNB not at ATH, so it is in the dip. NFA”
#bnb not at ATH, so it is in a dip. NFA.
— CZ 🔶 Binance (@cz_binance) June 27, 2021
4. Uniswap (UNI)
Uniswap is the coin of the decentralized exchange. Currently, Uniswap is trading at the price of $17. Uniswap touched its all-time high of $44 in April 2021. Uniswap is a fundamentally strong coin and has a bright future.
5. Solana (SOL)
Many experts called the Solana coin the next BNB coin. Because in 2020, the BNB coin was also trading at the same price as the Solana coin is trading now.
Solana coin has a bright future. Whenever the crypto market has crashed, Solana recovers fastest than any other cryptocurrency. Currently, the Solana coin is trading at $32. The all-time high of the Solana coin is $58.
So these are the top 5 best Cryptocurrency to Invest in July 2021.