Top 5 Tokens of July: ChangeNOW and Rubic Edition
Explore the hottest cryptocurrencies of July with insights from ChangeNOW and Rubic!
July has been an eventful month in the crypto world, characterized by unpredictable market fluctuations. Two platforms have particularly made a mark with their notable token recommendations for the month: ChangeNOW.io and Rubic.
Let’s explore our top selections and find out what sets these tokens apart!
Partnership Between ChangeNOW and Rubic
ChangeNOW is a quick, secure, and easy-to-use cryptocurrency exchange offering a wide range of products and services. It allows users to exchange different cryptocurrencies effortlessly without the need for an account.
Rubic, known for its cross-chain solutions, has integrated ChangeNOW’s Exchange API into its platform. This integration enables Rubic to provide a broad selection of cryptocurrencies and trading pairs for cross-chain swaps. Rubic supports swaps across over 80 chains, including popular networks like TON, zkSync Era, Monero, and Near.
Let’s dive into our top crypto picks for July!
ChangeNOW’s Top Tokens
- Tether (USDT). Tether (USDT) emerged as a significant gainer this month on ChangeNOW. As a major player in the stablecoin market, USDT’s presence on multiple blockchains — including Ethereum, TRON, Binance Smart Chain, and TON — enhances its versatility for trading and transfers across various platforms.
- TRON (TRX). TRON has made notable progress in the decentralized application (dApp) space. With high throughput and low transaction fees, TRX is gaining popularity among developers and users, especially in entertainment and content-sharing. In July 2024, TRON’s network transactions exceeded 8 billion, largely driven by the use of Tether (USDT) due to its lower fees compared to Ethereum.
- Monero (XMR). Monero (XMR) stands out for its focus on privacy, offering nearly untraceable transactions. It’s a preferred choice for those prioritizing anonymity, making it a leading option in the privacy coin market.
- Litecoin (LTC). Often dubbed “silver” to Bitcoin’s “gold,” Litecoin remains a reliable and efficient cryptocurrency. With quicker transactions and lower fees than Bitcoin, LTC is ideal for everyday use. Despite a price drop at the start of July, LTC’s value has risen to $76 by month-end. Whether it will surpass its 2021 peak of $410 remains to be seen, but it will be interesting to follow Litecoin’s progress.
- Ethereum (ETH). Ethereum, a cornerstone of decentralized finance (DeFi) and smart contracts, continues to lead the field. Excitement around ETH surged with the introduction of Spot Ethereum ETFs on July 23, drawing over $2.2 billion in inflows.
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Rubic’s Choice
- OKB. OKB, the native token of the OKX exchange, provides numerous benefits, including trading fee discounts, staking rewards, and access to various services on the platform. Backed by OKX, OKB is a notable token to watch.
- Metis. Metis is gaining traction for its Layer 2 solutions that enhance Ethereum’s scalability. It aims to offer faster and more affordable transactions, making it an attractive option for developers working on Ethereum without incurring high gas fees.
- Taiko. Taiko, another Layer 2 solution, focuses on zk-Rollups to boost transaction efficiency. With a strong emphasis on privacy and security, Taiko is set to offer robust solutions for scalable and secure blockchain interactions.
- Mode. Mode is establishing itself in the DeFi sector with innovative solutions that simplify financial transactions and make services more accessible. Its unique approach to DeFi makes it a noteworthy token this month.
- TON (The Open Network). Originally developed by the Telegram team and now a community-driven initiative, TON aims to provide a scalable and user-friendly blockchain platform. With a focus on high-speed transactions and ease of use, TON is poised to make a significant impact in the crypto space.
Check out Rubic’s website for more details on these tokens.
July has spotlighted some standout tokens in the crypto realm. Whether you’re interested in stability with USDT, privacy with XMR, or innovative DeFi solutions with Metis and Mode, there’s something for every crypto enthusiast.
Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry significant risk.