July brings new challenges and opportunities for crypto investors. In this overview, we'll see how Qubetics, Cosmos, and Maker are performing in the current market.
Qubetics and Its Architecture
Qubetics provides infrastructure to simplify blockchain application development. Its QubeQode IDE allows users to design decentralized applications (dApps) through an intuitive interface without coding, making blockchain development more accessible. Qubetics operates on a Layer 1 architecture, allowing it to seamlessly interact with Bitcoin and other networks without high fees.
Cosmos Analysis
Currently, Cosmos (ATOM) trades around $6.38, up 2.92% in the past 24 hours. However, the asset remains over 23% below its monthly peak. Analysts note that Cosmos shows moderate bullish activity but needs a stronger volume push to confidently break through resistance.
Maker Performance
Maker (MKR) is seeing significant growth, with a 7-day increase of 5.44%, currently trading near $2,342. As MKR has exceeded 67% of the top 100 assets, it has potential for further upside if market activity remains strong.
The cryptocurrency market in July 2023 presents various opportunities for investors. The contrasting performances of Qubetics, Cosmos, and Maker provide traders with different strategies for investment, considering their levels of resilience and growth potential.
