These 5 Altcoins Look Explosive!

Google’s artificial intelligence chatbot Bard has identified 5 altcoins with high potential for July 2023. He is on the list with projects like Solana (SOL) and Kusama (KSM).

Here are the 5 altcoins that AI sees high potential for July

The AI ​​model used to predict crypto performances is based on machine learning algorithms trained on historical price data for coins. It takes into account various factors, including prices of other cryptocurrencies, general market sentiment and news cycle, to predict future prices. Google’s artificial intelligence chatbot Bard features 10 cryptocurrencies with high potential in July.

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Cardano (ADA)
4. Polygon (MATIC)
5. Ripple (XRP)
6. Left (LEFT)
7. Avalanche (AVAX)
8. vomiting (KSM)
9. Axie Infinity (AXS)
10. Shiba Inu (SHIB)

In the rest of the article, you can find Google Bard’s price predictions for prominent altcoin projects.

Left (LEFT)

Solana’s price rose more than 45% last month. There are several reasons to expect this bullish momentum to continue through July. First, Solana is recognized as a high-performance Blockchain with a large and expanding ecosystem. It can handle up to 50,000 transactions per second. It is also one of the fastest Blockchains available. Additionally, Solana currently has the lowest transaction fees.

Another factor contributing to Solana’s potential growth is its growing adoption by institutions. One Bank of America analyst even referred to Solana as a potential “visa to the digital asset ecosystem” in early 2022.

As for the price forecast, according to Google Bard, “The average SOL price in July 2023 is expected to be $23.29. The minimum price will be 21.15 and the highest price will be $25.43.”

The move to $25.43 represents a 16% gain from the current SOL price. But keep in mind that these are just guesses.

vomiting (KSM)

Another altcoin on Google Bard’s list was Kusama. Kusama’s price has been in an uptrend over the past weeks. It has increased by more than 13% since mid-June. According to Google Bard, this upward momentum may continue. AI estimates that Kusama’s price will likely be between $30 and $50 by the end of the month. This means an increase of 27% to 112% from the current level.

One of the factors contributing to Kusama’s potential is its testnet role for the Polkadot network. This relationship gives Kusama significant potential as it acts as a platform for testing and experimentation. This link adds to its attractiveness and growth prospects.

3 explosive cryptos for July

Later in the article, we have featured the prominent altcoin opportunities for July from the list of Investorplace analysts. In the first place is the Polygon network, in which KSM plays the role of curator. Polygon suffered a significant drop in value due to increased regulatory scrutiny from the SEC.

As a result, Robinhoo decided to delist MATIC. Also, the outcome of the SEC’s legal proceedings remains unclear. Currently, the Hinman documents seem to favor cryptocurrencies rather than the SEC’s stance. cryptocoin.com In this article, we have included details from the Hinman documents that have emerged in the past weeks.

Polygon stands out in the blockchain space with its implementation of zero-knowledge EVM aggregations, an innovative technology that optimizes transaction processing and maintains compatibility with Ethereum’s code. This unique approach has attracted partnerships from Starbucks, JP Morgan, Meta, Nike and others.

In addition, Polygon stands out as the leading scaling solution for the Ethereum network with its zkEVM technology. This innovative approach ensures seamless incorporation of smart contracts from Ethereum to Polygon’s sidechains, ensuring compliance and security. As Ethereum’s network congestion continues, investing in MATIC provides an opportunity to leverage Polygon’s scalability and potential future rally.

Avalanche (AVAX)

Unlike Solana’s individual-focused approach, Avalanche targets the institutional crypto industry. In terms of price, AVAX, which started May at $16.66, briefly dropped to $14. However, it has since risen steadily to $15, indicating a potential rebound. The increased trading volume reflects increased interest and activity in the Avalanche network.

Avalanche stands out for its impressive network speed, handling more than 4,500 transactions per second (TPS), surpassing Bitcoin and Ethereum. Its compatibility with EVM makes AVAX attractive to developers looking for a faster and more cost-effective Blockchain. The Avalanche bridge enhances convenience by facilitating asset transfers between blockchains.

Avalanche is currently range-bound, with positive momentum but limited movement. It also gave back its weekly gains. AVAX is facing resistance at $14 and its price action is closely linked to Bitcoin and other altcoins. According to forecasts, breaking the resistance level could lead to a potential rally.

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