The cryptocurrency market in July presents mixed signals, with altcoins like XRP, Chainlink, SEI, and BlockDAG gaining new attention.
BlockDAG: Successful Start and Future Plans
BlockDAG (BDAG) stands out among presale projects, having already raised $329.5 million. This highlights a high level of interest in the project. Its structure combines Directed Acyclic Graph (DAG) with Proof-of-Work to reduce delays and speed up transactions.
Chainlink: Connecting Smart Contracts to Real Data
Chainlink continues to play an important role in crypto infrastructure by connecting smart contracts with real-world data. Currently, LINK is trading around $13.24. Analysts anticipate a push above $18, which may open up the potential for higher targets.
SEI's Recovery and Attention to XRP
SEI is regaining popularity after recovering from previous issues related to its airdrop. Its price surged 47% in the past month, now exceeding $0.28. XRP is also being closely watched with its symmetrical triangle setup, indicating potential breakout.
July promises to be an active month for these four altcoins, each showing signs of growth and renewal. BlockDAG stands out with its impressive presale performance, while XRP and Chainlink maintain their positions in the market.
