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Meme coins poised to dominate crypto trends in July: SOLETF, MOTHER, & BABYTRUMP

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The cryptocurrency market closes June with a downward stance, with Bitcoin (BTC) and Ethereum (ETH) dropping roughly 10% over the previous 30 days.

As bearish sentiments prevail, most high property consolidate, indicating uncertainty within the coming classes.

Thus, fans have shifted to mid- and low-cap meme cryptos, suggesting a change in market dynamics.

Market gamers enterprise into meme property to rapidly maximize returns. Listed below are some themed tokens that might dominate crypto tendencies in July.

SOL ETF (SOLETF)

Solana-based cryptocurrencies have flourished amid SOL exchange-traded fund speculations and rebounded SOL costs.

Solana gained consideration this week as 21Shares joined VanEck to file for SOL ETFs.

The SOLETF meme crypto seems to be to capitalize on this craze for sturdy progress. The alt gained over 120% inside the final 24 hours.

SOLETF maintains an enormous bullish stance and can doubtless keep elevated as Solana summer time approaches.

Nice information once more for @SOLETFMEME https://t.co/YHXa5L7O99

— SOL ETF MEME (@SOLETFMEME) June 29, 2024

Additional, market consultants stay optimistic about Solana ETFs and their implications on the SOL ecosystem.

Mom Iggy (MOTHER)

The superstar meme token has seen important traction inside the crypto group because it outshined Andre Tate’s DADDY.

MOTHER recorded spectacular value surges over the earlier month because it gained 260%.

Its market capitalization is $64.98 million, positioning it as among the many most sought-after new initiatives within the market.

Continued commercial by Iggy Azalea to his hundreds of thousands of followers units Solana-based MOTHER for outstanding progress within the coming occasions.

NEW: @IGGYAZALEA PITCHES SOLANA MEMECOIN $MOTHER TO PEOPLE AT THE @NYSE

pic.twitter.com/F0dBi39Bp3

— DEGEN NEWS (@DegenerateNews) June 12, 2024

Child Trump (BABYTRUMP)

This Solana-based altcoin is the newest Trump-themed asset to affix the crypto house.

Designed to onboard the meme world to the huge blockchain tech with a style of politics.

As the US political scene heats up, Trump-linked tokens are set to flourish. The ex-president has supported the digital asset trade.

The crypto group believes a win for Donald Trump is a victory for the digital property trade.

Huge donations in the direction of his campaigns exhibit belief that “Trump will make crypto nice in America.”

BABYTRUMP will doubtless capitalize on the election buzz within the upcoming months for important progress.

Proponents imagine the themed token will develop 100x within the subsequent bull rally.

$BABYTRUMP https://t.co/SJa946yUpt

— BABYTRUMP #TRUMP IN CRYPTO (@BSC_BABYTRUMP) June 2, 2024

In conclusion, the cryptocurrency market is on the verge of consolidating after June’s bearishness.

Nonetheless, analysts predict spectacular value actions for low- and mid-cap tokens in July.

Solana-based and PolitiFi tokens will doubtless lead gainers within the upcoming months.

Nevertheless, the crypto market stays a risky house, and warning is paramount earlier than interacting with any digital asset.

The put up Meme cash poised to dominate crypto tendencies in July: SOLETF, MOTHER, & BABYTRUMP appeared first on Invezz

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