Monthly Analytics: 5 Biggest Gainers of July
August is just one week old but we have seen a significant gain in some tokens such as MineBee (MB) that has increased by over 3,401%, DOS Network (DOS, is up by 485.73%), DUO Network Token (DUO, up by 470.09 percent), Small Love Potion (SLP, up by 406.79 percent).
Also Rapidz ( RPZX), Centric Cash ( CNS), MyBit ( MYB) surged by a staggering 265.52%, 264.32% and 257.69%, respectively. On the other side, Cream Finance ( CREAM) plunged more than 60% of its price value, mislaying its top cryptoasset to invest status. However, the top 5 gainers of July are listed below:
1. Band Protocol (BAND)
In the last 30 days, BAND, which is in the 62nd rank by market cap (MC), has managed to gain by over +483.74% making it to top other cryptocurrencies including Bitcoin (BTC).
At press time, Band Protocol is changing hands at $8.18 (24h) and is up by 10 percent, with a market cap of about $167.6 million and volume of $67.6 mln, according to the data by coinmarketcap ( CMC).
The highest and lowest price of BAND in the past 30 days has been $8.55 and $1.54, respectively. The cryptocurrency seen its all-time-high of $8.55 on August 6, 2020, and its all-time-low of $0.204181 on November 25, last year.
2. Edgeware (EDG)
Edgeware, ranked 2165th, has been trading like a hot cake especially in this very month, a thing that has helped it to touch its all-time-high of $0.027718. last month, EDG gained by +291.27 percent.
Currently, EDG/USD is trading at $0.025761 (7.43 percent), with a volume of $1.387 mln. The month of March when Covid-19 was very intense, EDG seen its all-time-low of $0.001383 (Mar 13, 2020).
3. Ocean Protocol (OCEAN)
In the last 30 days, Ocean Protocol (ranked 81st), gained by +233.77 percent, and at the time of writing, OCEAN is trading at around $0.32657 (13.36%), with a MC of over $115.258 million and volume (24h) of $7.2 mln.
The token has registered its all-time-high of $0.336261 on August 07, 2020. Almost a year ago, OCEAN hit its all-time-low of $0.013653 (Aug 10, 2019). This shows a visible steady progress in the market.
4. Swipe (SXP)
Swipe also showed a strong muscle in the cryptocurrency market when it gained by +225.93 percent in the past 30 days. At present, SXP, which is in the 76th position, is changing hands at around $1.89 (4.61%), with a MC of $124.9 mln, and volume of $76.124 million.
Actually, on July 25, 2020, Swipe hit its all-time-high of $2.26. During the peak months of Coronavirus pandemic, SXP made its all-time-low of $0.160996 (Mar 18, 2020).
5. Elrond (ERD)
In July, Elrond, ranked 40th by MC, gained by over +176%. At press time, ERD is changing hands at $0.023598 (12.34 percent), with a MC of more than $314.4 mln and volume of $55.123 million.
On July 27, this year, ERD hit its all-time-high of $0.029489, and during the time when almost all countries in the world were under a lockdown and business paralyzed due to Covid-19 pandemic, ERD saw its record low of $0.000569 (Mar 13, 2020).
Disclaimer. This analysis and forecast are the personal opinions of the author and not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coin Idol. Readers should do their own research before investing funds.