Top 3 Cryptocurrencies to Buy During July 2024 Drop
Bitcoin
While certain investors expect Bitcoin to hit $54,000, many see this as a possibility to buy the precious BTC “on the dip”. Santiment had earlier reported that calls to buy on the current market dips have fueled FUD, which has either led investors to sell their offerings or buy too much. However, with some analysts believing that Bitcoin could soon hit a new price threshold of $75,000, bold investors are keen to buy on the current BTC dip and make the most of it.
Ethereum
Ethereum is also another crypto token to watch out for, currently trading below a bearish price level of $2,869. The coin has fallen by 9% in the past 24 hours. With the approval of the Ethereum ETF, the price of Ethereum is expected to hit new highs soon. This development makes Ethereum an ideal coin choice, considering the thriving ecosystem that the coin is ready to spread and offer to its investors.
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Shiba Inu
Shiba Inu is known for its extensive infrastructure development, which is ready to help the token hit new price highs. With Bitcoin trading at a low price of $54,000, SHIB is currently trading at a price level of $0.00001335, down 13% in the past 24 hours. However, with the influx of new elements that are about to be injected into the ecosystem, the token is expected to become even stronger.
