Bitcoin price remains at $61,600 despite the end of the workweek. Altcoins are calm. July’s shadow is upon us, and we will start a new month next week. So, which DePin altcoins could bring profits to crypto investors in July? What awaits investors?
BePro (BEPRO)
Decentralized Physical Infrastructure Networks (DePin) are becoming increasingly popular in the crypto space. XYO and BePro are among them. On June 18, the altcoin hit its yearly low at $0.00055 and has since recovered by double digits. At the time of writing, the price is $0.00067. The 7-day gain is 20%.
The price increase was supported by the growing demand for BEPRO Coin. The demand rose steadily with the increasing price. This means we might see further recovery in the coming weeks. If the buying power overcoming the selling pressure remains strong, a new peak at $0.00068 is possible. Conversely, new lows between $0.00065 and $0.00060 are likely.
XYO Coin Analysis
This DePin Coin, working in the field of collecting and processing real-world data, gained 18% weekly. Despite the fluctuations in BTC price, demand here also seems lively. Chaikin Money Flow (CMF) indicates that capital inflow is motivating. The indicator, pointing to more buying pressure, confirmed the uptrend, so a rise to $0.0071 can be expected with increasing demand.
Matrix AI Network (MAN)
The rising channel formed here also increases optimism for July. Matrix AI Network set out with the goal of being a network optimized for artificial intelligence. Since the excitement in the AI field continues, MAN Coin could see demand from two fronts. Of course, we should remind you that detailed explanations about AI tokens, which do not create LLM and lack significant financial and technical support, have been made.
MAN Coin increased by 15% weekly and formed a rising channel. This means higher peaks are not far off. In an optimistic scenario, the targeted peak will be $0.039.
