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5 best crypto in July: XDC, XRP and other top gainers

source-logo  crypto.news 31 July 2023 10:31, UTC
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Here are the top five gainers among the leading 100 cryptocurrencies in July despite the recent downtrend.

Despite the hype surrounding the Ripple ($XRP) case against the US Securities and Exchange Commission (SEC), the global crypto market registered a $6 billion loss over the past month.

The top gainer’s award of July goes to $XDC Network ($XDC) for registering an almost 82% rise over the past month. The asset is trading at $0.058 with a market cap of over $808 million at the time of writing.

Top 5 gainers of July | Source: CoinMarketCap

However, data provided by Santiment shows that $XDC’s monthly volatility has risen to 0.27, marking a 23-month high.

Price volatilities of $XDC, MKR, BONE, $XRP and $XLM – July 31 | Source: Santiment

Moreover, the Maker (MKR) token secured the second spot in this list, with 79.82% gains in July. MKR’s market capitalization rose to $1.24 billion. Its trading volume dropped by 30% in the past 24 hours, falling to $101 million.

MKR is currently trading at $1,271. Its four-week price volatility gains downward momentum — plunging to 0.11, per Santiment.

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The third spot goes to Bone ShibaSwap (BONE) with a 53.47% rise over the past month. BONE’s 24-hour trading volume has risen by 3.5%, reaching $10.11 million. Its price volatility plunged from 0.21 to 0.08, according to Santiment’s data.

$XRP has also registered 48.47% gains with its price reaching $0.70 at the time of writing. Santiment’s data shows that the asset’s volatility took a U-turn. $XRP’s trading volume skyrocketed by 105%, surpassing the $1.4 billion mark.

You might also like: $XRP relisted on exchanges as QUBE takes over crypto

Last but not least, Stellar ($XLM) secured the last place on this list. $XLM is up by 47.5% in the past 30 days and trading at $0.15 at the time of writing. However, Santiment data shows that $XLM’s price volatility has peaked at a 19-month high.

Read more: SEC asked Coinbase to cease all crypto trading except Bitcoin, CEO says

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