2 CRYPTOCURRENCIES EXPECTED TO REACH $50 BILLION IN JULY

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The cryptocurrency market can be a thrilling ride, with prices fluctuating wildly. But as we head into July, there are signs that some coins could be primed for a surge. The global market cap recently hit $2.4 trillion, with a jump of 2.9% last Tuesday. This positive momentum suggests exciting investment opportunities in certain cryptocurrencies.

Let’s delve into this topic with Boztech to explore what the future holds for the crypto market in July.

XRP (XRP)

XRP has been stuck in a rut, trading below $1 for a while now. Despite facing resistance around $0.48 and dipping as low as $0.46, the coin has shown some fight by bouncing back. Recent rallies have cleared key hurdles, suggesting a potential recovery and renewed investor interest.

The ongoing SEC lawsuit remains a cloud hanging over XRP, but Ripple’s focus on Central Bank Digital Currencies (CBDCs) could be a game-changer. Recent investments of $0.7 million further indicate growing confidence. If the crypto market rebounds and Ripple wins its legal battle, XRP’s market cap could see a significant boost.

Toncoin (TON)

Toncoin (TON) has experienced significant volatility, peaking at $8.31 before stabilizing near $7.60. Despite a recent decline, it has maintained its value around $7.49, showcasing notable resilience.

Technical indicators point to a bullish future for TON. The formation of an ascending triangle with resistance at $7.50, followed by the recent breakout, suggests a potential uptrend. This could propel TON towards $10 in the short term, with further rallies pushing it even higher.

To achieve its full potential, TON must sustain its upward momentum and overcome existing resistance levels. If successful, TON’s current market cap of $18.4 billion could surge to $50 billion by July, contingent upon increasing trading volume and a broader market rebound.

Thoughts? 

As July approaches, both XRP and TON present compelling opportunities for growth. XRP’s potential recovery and Ripple’s strategic moves in the CBDC space, combined with Toncoin’s technical resilience, make them intriguing picks for investors looking to capitalize on the potential of cryptocurrencies.

For investors seeking informed decisions in this dynamic market, Boztech is here to provide important insights, news updates, and professional advice. Stay ahead of the curve with Boztech’s expert analyses to navigate these opportunities effectively and maximize your investment potential. so , what’s your take on XRP and Toncoin reaching $50 billion market caps? Drop us a comment below and let’s discuss!

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