July has come to an eventful close. And August is already looking like a month with mixed opportunities. For July, things went quite well on many sides and bad on the other.
On the positive side, news like the recent Ripple ruling influenced the price of many cryptocurrencies to increase. There is a growth of new projects, and exchanges have also started taking measures to guide investors to safer assets.
Crypto analysts have predicted some crypto coins are set to react positively in prices in August based on recent market developments, integrations, and general market momentum.
To help you make better investment decisions in August, Cryptovot has selected the best coins under 1 dollar for you — here they are.
1. Celo (CELO)
Celo is having a nice time in the market, and not many people see this coin's potential for the next month. It is true that Celo has had a pretty bad year and is on the recovery path. But it seems it will only make things better in August.
Celo is an open-source platform with the aim of making financial tools available for everyone. Within the past month, the value of this cryptocurrency has increased by more than 7%. Within the past week, it experienced some huge wins as it currently stands at more than a 12% increase. It is expected that in August, it will only do better.
2. Matic Token (MATIC)
The MATIC token should be one of the top cryptos to invest in due to predictions from experts. Within July, it has gone through many rough patches. There were times when it increased massively in price and others when it was engulfed in bearish trends. But these were temporary as Matic has made useful boosts, being down by only 1% in the last 30 days.
From August, more bullish trends are expected of the cryptocurrency as it is beginning to see stronger integrations, including a token swap from Matic to Polygon.
3. Dogecoin (DOGE)
Dogecoin is apparently one of the most popular cryptocurrencies right now that has many chances of making the best of the bullish trends in the market. Moreover, one of its biggest supporters, Elon Musk, has an indirect campaign promoting the meme coin. This has been quite good for Dogecoin, and it looks like it will be extending towards August.
Sometime in April, Elon Musk changed the logo of Twitter, now X, to the Dogecoin logo. Then, it sent the value of Dogecoin flying. Recently, Elon Musk changed Twitter's logo to X, and it has been generating good market sentiments for Dogecoin. Moreover, Musk is also talking about integrating a payment and banking services platform on Twitter. There are speculations that his favorite cryptocurrency, Dogecoin, will be part of the integrated payment options. Within the past 24 hours, Dogecoin's price has been roaming around the $0.078 range and is currently up by over 11% in the last 30 days.
4. Casper Network (CSPR)
Casper Network is one of the crypto coins that will explode in August. It hasn't had it easy within the past weeks, but it is making a massive recovery, which might see it increase once August begins.
CSPR's price chart for July is mainly bearish. But the bulls managed to keep it positive for the month at close to a 2% increase. However, investors expect things to get even better in August.
5. Tron (TRX)
Tron has remained one of the most underrated cryptocurrencies for the longest time. Especially in the current market, some of the records this cryptocurrency holds seem far-reaching for even some of the biggest cryptocurrencies.
It still remains the only cryptocurrency that maintains a positive yearly chart in July. Tron is currently up by more than 12% in its annual chart. But for August, analysts expect Tron to maintain positive momentum. Hence, it might be a good choice for investors.
6. Cardano (ADA)
ADA is one of the cryptocurrencies you should be looking on to buy within August. Meme coins are often touted as the crypto coins that will explode, but Cardano, in this case, fits that slot very well.
At the time of writing, ADA isn't doing that well, as it has decreased by nearly 1% within the past 24 hours. However, the weekly and monthly charts are still looking good. But in August, analysts expected Cardano to improve even better with its price increase. Accompanied by the Mithril Mainnet Upgrade, a very smooth part is predicted for Cardano once the month starts.
7. Kaspa (KAS)
Kaspa is a cryptocurrency that has been moving quietly in the market. But analysts have discovered it and predicted it to have an excellent month in August. It is the native cryptocurrency of the protocol-based proof-of-work (PoW) platform.
In August, the KAS token might see its price explode and touch new levels. There are so many new and exciting developments for Kaspa, including the potential to launch smart contracts on the ecosystem. KAS gained over 80% in the last 30 days and is currently trading at $0.042.
8. XDC Network (XDC)
XDC is a top crypto to invest in for the new month, as it has all it takes to go into another round of market pump. This is the native cryptocurrency of the decentralized app (dApp) development blockchain platform XDC Network.
The charts of this cryptocurrency show many investors have been sleeping on it. Within the past month, it has increased by more than 110%. And in the past week, it secured an increase of more than 10%. Investors expect XDC to keep the momentum for August.