Promising Cryptos in July: Arkham, Launchpad XYZ, and WhiteBIT Token in Focus

HomeEducation

Promising Cryptos in July: Arkham, Launchpad XYZ, and WhiteBIT Token in Focus

Last updated on November 4th, 2024 at 05:09 am

The cost of different assets is constantly changing, and we cannot always predict where the price will go. As of the writing of this article, the volume of the cryptocurrency market over the last 24 hours is $35.85 billion, which represents a 12% increase.

This growth could be associated with XRP’s victory over the SEC. In this article, I want to tell you about how many traders use various tactics to earn money with cryptocurrencies and share my personal investment choices.

As cryptocurrency prices fluctuate, it can be said that Bitcoin’s dominance has significantly increased. Investors are torn between buying the unpredictable Bitcoin or more predictable altcoins. Nevertheless, altcoins seem to be winning this race, as their price is easier to predict.

Promising cryptocurrencies as of July 21, 2023

1. Arkham (ARKM)

Binance, one of the world’s largest crypto platforms, has launched the “information earning” project — Arkham (ARKM). This platform facilitates the exchange of intelligence data, where users can place rewards for specific fragments of cryptographic data in the network. This development has led whales to accumulate Binance Coin (BNB) in anticipation of the potential value that Arkham can add to the Binance ecosystem. Also, some users on Twitter are convinced that this project will help users in the fight for justice.

Advertisement

“I really believe that Arkham is bringing justice to the space and a user-friendly way for on-chain analysis. “

Key points to know about Arkham:

  • Arkham uses the ULTRA-supported algorithm to collect and match data and addresses, linking them to real-world objects and providing users with access to key blockchain information.
  • ARKM is the utility token used as the native currency on Intel Exchange.
  • Arkham uses the token to reward users who receive compensation in ARKM when they submit information and attract new users. The token also grants owners governance rights.

The current price of Arkham today is $0.60 USD, with a 24-hour trading volume of $41.9 million USD. There are 150,000,000 ARKM coins in circulation, with a maximum supply of 1,000,000,000 ARKM coins.

Riding the Crypto Wave: Arkham, Launchpad XYZ, and WhiteBIT Token in Focus

Source: CoinMarketCap

According to analysts at Coin Journal, the historical peak of the Arkham token is $0.89, while the current price is around $0.60. For the bulls to reach $1 in 2023, Arkham would need to rise by more than 61%.

Analysts also point out that it is difficult to confidently say whether ARKM will exceed $1 in value. Its price may fluctuate depending on market sentiments and other factors. Nevertheless, Arkham has all the chances to become a successful blockchain platform. Its integration with leading blockchains, including Ethereum, BNB Chain, Arbitrum, Optimism, Avalanche, Polygon, and Tron2, is an important milestone in its growth.

Visit this post for more information about participating in the Arkham (ARKM) token sale on Binance Launchpad.

2. Launchpad XYZ ($LPX)

Launchpad XYZ is an Ethereum-based platform that has the potential to change the approach of all stakeholders in the future by providing tools to help investors make effective decisions regarding capital allocation.

The project is still gaining momentum, but many have already started reposting some posts from the community.

Key points to know about Launchpad XYZ and LPX:

  • This platform will have numerous attractive features, including a decentralized NFT exchange (DEX) and a fractional asset market, creating an all-in-one ecosystem for Web3 participants.
  • Launchpad XYZ users can purchase and stake LPX tokens to access valuable features such as NFT sales and participation in new cryptocurrency pre-sales (similar to Soulbound). LPX tokens will also be used to pay trading fees on the specialized DEX Launchpad.
  • The Launchpad pre-sale will consist of ten stages, with 250 million LPX tokens allocated. At each stage, the LPX token price will gradually increase, meaning early investors will have the lowest entry point.
  • LPX is the native token of Launchpad XYZ.

The main goal of Launchpad XYZ is to simplify the transition to Web3 for millions of people worldwide who have yet to encounter the complexities of this sector.

The demand for $LPX is high, and interest is growing every day. As a result, the $LPX token pre-sale on Launchpad XYZ recently surpassed the $1.17 million mark.

Attractive features offered by the Web3 platform’s pre-sale could lead to $1.55 million in the near future, positively affecting the token price from $0.0445 to $0.046. According to analysts from Techopedia, early-stage $LPX token buyers could potentially see profits when the token is listed on major exchanges at $0.0565.

Analysts emphasize that the value of $LPX in 2023 could be estimated at $0.09, representing a 157% profit for phase 1 pre-sale investors. The expected final listing price of LPX tokens is $0.07.

Visit Launchpad XYZ here. For more information about the Launchpad XYZ pre-sale, visit this Telegram channel.

Related Reading: How to Purchase Crypto Before Release: Launchpads and Their Wins

3. WhiteBIT Token ($WBT)

WhiteBIT is one of the popular cryptocurrency exchanges in Europe, and they continue to surprise their users. In August, WBT was listed on several exchanges, and this year, the exchange launched Testnet of its own blockchain named WB Network, with the WBT token as the native coin.

The team successfully completed testing the WB Network and published a tweet stating that the Snapshot is already done.

Testnet with the WBT token did not come as a surprise to the cryptocurrency community. WhiteBIT’s goal is to promote the mass adoption and popularization of blockchain technologies by introducing the most effective trading and staking tools on the most convenient terms.

Key points to know about WBT:

  • WBT is a product of the entire WhiteBIT exchange ecosystem, linking with all WhiteBIT services to facilitate user interactions on the platform. Holding WBT tokens allows users to participate in Retrodrops and test WB Network, creating their WB Souls.
  • WBT serves as a strong foundation for dozens of blockchain startups, new projects, and profitable trading.
  • The token supply is limited to 400,000,000 WBT, and no new tokens will be created in the future. 200 million of this supply are treasury tokens that support the overall amount and will be unlocked over the next three years after launch.
  • Trading contests, airdrops, rewards, attractive retention programs, and access to the WBT token on other exchanges are part of the activities related to the WBT cryptocurrency available on WhiteBIT.

The current price of the WhiteBIT token today is $5.5 USD, with a 24-hour trading volume of $10.6 million USD. As you can see, the price of the WhiteBIT token has increased by 0.27% in the last 24 hours and by 13.88% compared to the previous 30-day period.

WhiteBIT Token ($WBT)

WhiteBIT Token (WBT) market cap from CoinMarketCap

According to analysis from Coin Dataflow, by the end of this year, the average price of the WhiteBIT token could potentially rise to $5.91. The WhiteBIT Token has significant prospects, and in a few years, the asset could potentially grow to over $10.

Learn more about WBT and WB Network.

Read Also: WhiteBIT Testnet Network Guide

Conclusion

The world of cryptocurrency continues to be an exciting and dynamic landscape, with assets constantly changing in value. As we’ve seen in July, the cryptocurrency market’s volume has surged, fueled by XRP’s victory over the SEC, demonstrating the impact of regulatory decisions on the market.

As investors navigate these fluctuating waters, Bitcoin’s dominance remains strong, but altcoins are gaining traction due to their more predictable price movements. This article delves into three promising cryptocurrencies — Arkham (ARKM), Launchpad XYZ ($LPX), and WhiteBIT Token ($WBT) — each offering unique opportunities for investors seeking to participate in the blockchain revolution.

In summary,

  • Arkham’s “information earning” project on Binance presents a fascinating use case, attracting attention from users who believe in its potential to fight for justice.
  • Launchpad XYZ’s Ethereum-based platform aims to simplify Web3 adoption, with its LPX token pre-sale generating significant interest, and its impressive Web3 functionalities could drive its value higher in the future.
  • Meanwhile, WhiteBIT Token’s Testnet and WBT’s utility within the WhiteBIT ecosystem offer valuable insights into blockchain’s mass adoption.

Finally, as with any investment, it’s crucial to conduct thorough research and consider individual risk tolerance before making decisions in the crypto market. Prices may fluctuate, and predicting future values remains uncertain, but with sound strategies and due diligence, investors can find opportunities for growth and success.

DISCLAIMER

This price analysis article is for informational purposes only and should not be considered financial or investment advice. I have attempted to provide accurate and objective price information, but market conditions may change. Always conduct your own research and consult with a professional before making any financial decisions.

Deniz Tutku is a digital journalist with a background in copywriting. A longtime cryptocurrency enthusiast, she has been following the industry closely for many years. Having moved on from her early career, Deniz now writes extensively about various events and developments in the cryptocurrency world, providing her audience with in-depth and informed views on the field.

RECOMMENDED FOR YOU

Loading...
Newer Post
Older Post