July has been eventful for the crypto market, with three projects drawing investor attention: Ethena (ENA), the new DEX Angstrom from Uniswap, and Cold Wallet conducting a unique presale.
Ethena (ENA) Growth in July
Ethereum's Ethena (ENA) has doubled in price this month, rising from $0.30 to $0.60. This increase has been driven by growing trading volumes on major exchanges. Analysts are looking at $0.80 as a potential target if the trend continues.
However, ENA remains volatile, so investors should weigh the risks of rapid rallies.
Launch of Angstrom DEX on Uniswap
The Uniswap Foundation has launched Angstrom, a decentralized exchange designed with protections against miner and bot manipulations known as MEV. Developed by Sorella Labs, Angstrom aims to ensure fair trade execution through private order channels and batch auctions.
By minimizing hidden costs and slippage, it seeks to deliver a better trading experience for both liquidity providers and users.
Cold Wallet Presale: Key Takeaways
Cold Wallet is taking a new approach to crypto wallets by rewarding users for every transaction. Its presale is structured into 150 stages, starting at a price of $0.00923. This offering is distinct as it provides immediate cashback for gas, swaps, and transfers, encouraging early participation with unique benefits.
The cryptocurrency market continues to attract investor interest. Each of the featured trends - ENA's growth, Angstrom's launch, and the appeal of Cold Wallet - presents new opportunities in the market, but it is essential to remain aware of the associated risks.
