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Home Altcoin News

July’s Top 5 Cryptocurrencies: XDC, XRP, And More

Hania by Hania
July 31, 2023
in Altcoin News
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July’s Top 5 Cryptocurrencies: XDC, XRP, And More
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Top five cryptocurrencies in July, despite the recent slump among the top 100.

Despite all of the media attention surrounding the Ripple (XRP) case against the US Securities and Exchange Commission (SEC), the global cryptocurrency market lost $6 billion over the past month.

The top gainer for July is XDC Network (XDC), which saw an almost 82% increase in value over the previous month. Currently, the asset is worth more than $808 million and is trading for $0.058.

July's Top 5 Cryptocurrencies: XDC, XRP, And More

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XDC’s monthly volatility has increased to 0.27, a 23-month high, according to data given by Santiment, though. 

July's Top 5 Cryptocurrencies: XDC, XRP, And More
Source: Santiment

Furthermore, the Maker (MKR) token ranked second on this list with 79.82% gains in July. The market value of MKR increased to $1.24 billion. Its 24-hour trading volume, which was $101 million, decreased by 30%.

MKR is now worth $1,271. Its four-week price volatility has dropped to 0.11, according to Santiment.

Bone ShibaSwap (BONE), which has increased by 53.47% over the past month, takes third place. The 24-hour trading volume for BONE has increased by 3.5% to $10.11 million. According to data from Santiment, its price volatility fell from 0.21 to 0.08.

With its price currently at $0.70, XRP has likewise seen increases of 48.47%. The asset’s volatility changed course, according to Santiment’s statistics. Trading volume for XRP surged by 105% and surpassed $1.4 billion.

Without a doubt, Stellar (XLM) earned the final spot on our list. XLM is currently trading at $0.15, up 47.5% over the last 30 days. Santiment data, however, reveals that XLM’s price volatility has reached a 19-month high.

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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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