Three initiatives that have the greatest potential for growth in 2023 have been hand-selected by us. This month, community enthusiasm has been used to rate them instead of prospective return on investment.
DOGE, or Dogecoin
July 2023 was a somewhat successful month for Dogecoin. The Doge community has gained fresh confidence as a result of Elon Musk’s non-cryptic tweet that simply mentioned the meme currency commander and the strong price increase that followed.
Is a resurgence of the meme coin feasible this month, though?
It appears so. It is better to see Dogecoin’s 15.8% price increase over the past thirty days as a long-overdue corrective. Established meme currencies like Shiba Inu and Dogecoin have long lacked lustre, despite the fact that numerous meme coins managed to steal the show in the cryptocurrency market this year. Investors were encouraged to search for better opportunities in new initiatives such as Pepe by their two-digit returns.
Top Altcoins for August 2023: Dogecoin, Scorpion Casino, Bitcoin Cash,Top Altcoins for August 2023: Dogecoin, Scorpion Casino
But in the second part of this year, these two coins may make a reappearance with renewed vigour. It is anticipated that Dogecoin’s July 2023 rise will only be the start of the cryptocurrency’s sharp bull run.
As of this writing, the meme currency has lost just 0.8% of its value in the last day. Right now, it costs $0.079182. If the general market bull run starts by the second week of August, a reasonable price projection for DOGE is $0.085182 by the third week. However, if there is a surge in community enthusiasm, it might go as high as $0.095.
But the increase is probably going to be followed by a price adjustment within a week. The meme currency could end up finding support at a price between $0.083 and $0.093. To capitalise on the surge, investors must arrange their entry and exit strategy in advance.
Casino Scorpion (SCORP)
A well-known project, Dogecoin has a market capitalization of about $11,124,710,263. What a large sum of money. Therefore, it is unrealistic to expect Dogecoin to perform better than it now does.
This holds true for all well-known cryptocurrencies, including but not limited to BTC, ETH, ADA, DOT, and SOL. You will have to settle with ROIs in the three to four figure range if you’re funding a project that makes the top 100 list.
It’s advisable to choose presale projects that haven’t launched their cryptocurrency if your goal is 10X–30X returns, sometimes even more. Given that you are purchasing the tokens prior to their launch on exchanges
Top Altcoins for August 2023: Dogecoin, Scorpion Casino, Bitcoin Cash,Top Altcoins for August 2023: Dogecoin, Scorpion Casino, Bitcoin Cash,Top Altcoins for August 2023: Dogecoin, Scorpion Casino, Bitcoin Cash, Altcoins Crypto news, Altcoins News