What is the Best Crypto To Buy for Big Gains in July: Polygon, Dogecoin, or KangaMoon?

What is the Best Crypto to Buy for Big Gains in July: Polygon, Dogecoin, or KangaMoon?

The second quarter of the year proved challenging for the crypto market, with major cryptocurrencies suffering significant losses. However, with the anticipation of Ethereum ETFs starting to trade this month, a market-wide recovery is expected in July.

Despite the expected overall market rise, certain altcoins are predicted to perform exceptionally well. Let's analyze Polygon, Dogecoin, and KangaMoon to determine the best investment for substantial returns in July.

Polygon Emerges as Institutional Favorite, MATIC Remains Trapped in Downtrend

Polygon (MATIC) has faced significant selling pressure in the first half of the year, with its price declining by 45%, according to CoinMarketCap data. Despite the price drop, Polygon remains a top choice for institutional investors. However, indicators suggest that MATIC is still facing bearish pressure around the $0.550 price level.

Dogecoin (DOGE) in Buy Zone, Poised for a Big Price Bounce

Dogecoin (DOGE) has also experienced a decline over the past month. However, analyst Ali Martinez believes that Dogecoin has entered a buy zone and is ready for a significant price bounce. Technical indicators suggest the possibility of a price increase of more than 50% in July.

KangaMoon Defies Market Correction, Set for 100% Price Rally

Unlike the broader market, KangaMoon has shown remarkable resilience during the downturn. Following its listing on Uniswap and BitMart, the price of KangaMoon has surged by over 150% in the past week, according to CoinMarketCap data.

In addition to its recent listings, KangaMoon has introduced a staking platform and plans to release a P2E game in the coming weeks. Market experts anticipate a further upward trajectory for KangaMoon.

From $0.098, KangaMoon Predicted to Trade Above $0.20

KangaMoon is expected to trade above $0.20 before the end of July, potentially making it the most lucrative investment option. Its Social-Fi framework allows users to earn passive income through social media engagement.

Conclusion

While Polygon's outlook remains uncertain, Dogecoin and KangaMoon are considered prime investment opportunities for July. Dogecoin is projected to gain 50%, while KangaMoon has the potential to double its price with the launch of its P2E game.