After a whale or institution transferred 1,800 BTC to Binance at 1:40 a.m., the price of BTC began to fall, from $63.8K to the current $63.0K. The whale or institution had previously withdrawn about 6,700 BTC from the trading platform to the wallet between June 20 and June 21. Due to the recent continued fud sentiment, BTC was transferred to Binance from June 27, totaling about 3,480 BTC. The wallet currently still holds 7,870 BTC. If BTC falls further, the address may further sell more BTC. According to data analysis, as of 9 a.m. yesterday, the main force bought about 350 million US dollars. If BTC does not fall below 60,000 US dollars, it may be the bottom of the July rise. Whether the market maker in this area intends to form a bottom of the stage needs further observation.
July Potential Coin Recommendations
ITSELF
MAGA is a community-driven meme token inspired by Donald Trump’s iconic campaign hat. With its 0% tax structure and fully decentralized approach, it has quickly attracted the attention of cryptocurrency enthusiasts and Trump supporters.
The token’s ecosystem is centered around strong community engagement, including virtual Trump debates and MAGA rallies. This unique approach has helped it carve out a niche in the crowded meme token market.
The recent development has seen MAGA’s market cap rebound to $150 million, with the token trending#1on Ethereum across multiple platforms. The narrative surrounding the token is growing day by day, even before the much-anticipated debate event.
It has established partnerships with several well-known companies in the crypto space, including DWF Labs, LBank, Poloniex, MexC, Coinex, Bitmart, Grovex, Bitrue, Bitkan, and Bingx. These collaborations enhance the liquidity and accessibility of the token on various trading platforms. Currently, MAGA is trading at a strong price performance, up 10% in the past 24 hours. This upward trend, coupled with its unique position in the meme coin space, shows that it is attracting great interest from investors.
JASMY
Dubbed the “Japanese Bitcoin,” JasmyCoin is the native token of Jasmy, a decentralized ecosystem on Ethereum where users can securely store their personal data in a “data locker” and sell it to companies willing to pay.
JasmyCoin is currently priced at $0.029, having gained more than 340% so far this year. On some trading days in June, it even touched the $0.40 range, a gain of nearly 500% since the beginning of the year.
JasmyCoin will most likely continue this trend for the rest of the year. It is definitely one of the best cryptocurrencies to buy right now.
BONK
Bonk is hailed as the first dog-themed cryptocurrency on the Solana blockchain. Since its launch, the token has sparked a stunning rally, achieving significant growth in the first quarter. Based on its unique concept analysis, it is speculated that it may reach the $0.1 mark by the end of 2024.
The growing popularity of meme tokens continues to drive the value of Bonk up. The token leverages the Solana blockchain, which is known for its scalability and speed, which has attracted investors seeking a faster and more cost-effective alternative to Ethereum meme tokens.
If you want to know more about the cryptocurrency circle and get first-hand cutting-edge information, click on the avatar to follow Mumu, who will publish market analysis and high-quality potential coin recommendations every day. ”
