The cryptocurrency market is constantly changing, and July has highlighted several projects capable of showing long-term growth. This article presents four cryptocurrencies worth paying attention to.
BlockDAG: A Strong Performer With High Growth
BlockDAG (BDAG) is attracting attention due to its DAG-based technology, capable of processing up to 15,000 transactions per second. One notable feature is the mobile mining app X1 Miner, allowing any user to earn BDAG using just a smartphone. This simplicity has attracted over 2.5 million users. The project also achieved significant success in its presale, raising $356 million.
PENGU: Brand Power Helps Gain Momentum
PENGU, part of the Pudgy Penguins brand, has seen a 40% increase over the past week. A key factor driving interest in PENGU is its partnerships with major retail chains like Walmart. This combination of culture and significant trading volumes makes PENGU a noteworthy player in the market.
SUI and Ethena: Technology and Stability
SUI has shown strong performance, rising 14% in one day and displaying high trading volumes. It is a Layer-1 coin known for low fees and fast transactions. Ethena (ENA) is also carving a place among the best due to its steady growth and application in DeFi, with a 34.8% increase in the last week.
Each of the presented cryptocurrencies has its strengths. BlockDAG stands out with high potential and easy access to mobile mining, while PENGU, SUI, and Ethena demonstrate steady growth and investor interest.