- CryptoDiffer shares the top popular tokens of July on Coinmarketcap.
- The cryptocurrencies are LUNC, BTC, SHIB, ETH, and MATIC.
- LUNC surpasses BTC while SHIB pushes ETH down in terms of popularity.
The inflation of cryptocurrencies is rising while the overall market value has plunged within the last few months. However, Bitcoin has slipped down losing half of its value since the beginning of the year 2022. Following that ETH and some other altcoins of the industry have also been on the same track which resulted in Crashdown. The whole crypto market was blown down while the bearish season was initiated at the end of 2021.
Since last year, the entire industry is aware of meme tokens which became popular with the lead token Dogecoin (DOGE). Similarly, several cryptocurrencies tend to be trending across the world for their unique specifications and functions. In such a case, CryptoDiffer has come up with the popular coins of July on Coinmarketcap.
LUNC Surpasses BTC In Popularity
CryptoDiffer is a platform that provides updates and news on the crypto space through its Twitter social account. The platform shares the top popular coins from Coinmarketcap for July which include Terra Classic (LUNC), Bitcoin (BTC), Shiba Inu (SHIB), Ethereum (ETH), and Polygon (MATIC). LUNC has surpassed BTC in terms of popularity for the month of July while SHIB takes over the position above ETH.
Terra Classic (LUNC) is the top popular coin of July in Coinmarketcap holding 213th position by market cap volume. The current trading volume of LUNC is $0.000099 which is 5.34% down in the last 24-hours. Bitcoin (BTC), the world’s largest cryptocurrency, captures the top second position in popularity even though many believe that Bitcoin is the king of cryptocurrencies. Currently, BTC trades above $23K with a 1.72% loss for the past day.
Furthermore, Shiba Inu (SHIB) takes the third position which is trading at $0.000011 having a 1.97% loss in the last 24-hours. SHIB is one of the most popular meme tokens since its existence following the lead of Dogecoin. Ethereum(ETH) and Polygon (MATIC) are the next top popular coins on CoinMarketcap.
However ETH is the second-largest cryptocurrency by market capitalization, and the features and updates from its network pushed the token to surge high. Both ETH and MATIC excel in building their ecosystem and developing blockchain networks. Moreover, these cryptocurrencies have grabbed the attention of huge traders and investors since January.
Source: https://thenewscrypto.com/lunc-beats-btc-top-popular-coins-of-july-on-coinmarketcap/