Altcoins

Best Altcoins to Accumulate for Maximum Profits in July

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Analyst Kyle Chasse talked about several major altcoins and their performances. He took a cue from his latest video and explained why the mentioned altcoins are on his “top list” for July.

He highlighted the early success of Pepe coin, saying that it has the potential to be a great investment. He is very bullish on Pepe coin and said that despite a difficult altcoin season in recent months, it will soon change.

Kyle said that WIF was one of his favorites, mentioning its impressive rally. According to Kyle, WIF is currently the most traded altcoin, excluding stablecoins and major coins such as Bitcoin, Ethereum, and Solana. He noted that whales may be accumulating WIF, which has brought its volume to around $500 million recently.

He also discussed Ethereum Name Service (ENS), which he finds very bullish. ENS has shown strong performance since December, rising from $9.84 to $30, with the potential to reach its all-time high. Kyle believes that as more institutions like BlackRock start using Ethereum, demand for ENS will grow, making it a valuable asset.

The analyst then spoke about meme coinsmentioning that while Ethereum meme coins aren’t currently pumping, others like Popcat and Spike are doing well. Popcat in particular has shown strength, rising 57% recently. Kyle admitted that he made a mistake by selling his Popcat holdings too early, missing out on potential gains.

Kyle also mentioned Runes Terminal, which is launching soon. He finds it interesting because it allows users to create their own tokens within the Runes ecosystem. He advised waiting for the price discovery after the launch before making any investments. Kyle also listed Based AI, which he believes is undervalued given its fully diluted $150 million valuation for a layer-1 AI blockchain. He sees it as a great opportunity.

Read also: Spot Ether ETFs to Attract $5 Billion Inflows in JUST 6 Months, Gemini AI Predicts

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