It’s been an excellent week for crypto investors, with most coins and tokens posting solid gains as the overall market sentiment shifts to bullish.
Alongside established cryptos, new and exciting coins are beginning to emerge – offering unparalleled growth opportunities for savvy investors.
With that in mind, this article discusses five top trending crypto coins that could shake up the market in July, thanks to their potential for explosive growth.
Alien Milady Fumo ($FUMO)
First up is Alien Milady Fumo ($FUMO) – a brand-new meme token launched by the Remilia Corporation.
Remilia Corporation is a digital art collective best known for its innovative NFT projects, which mainly revolve around the Milady brand.
The collective has just launched a MegaSize Alien Milady Fumo, with holders of the $FUMO token able to burn their tokens to claim their own collectible.
Given this unique setup, $FUMO has had an impressive start to its life cycle – with CoinMarketCap reporting that the token already boasts a market cap of over $13.3 million.
Moreover, $6.2 million worth of $FUMO was traded in the past 24 hours alone, highlighting the token’s growing appeal.
Currently, $FUMO is only available to trade on Uniswap and LBank. However, with the token’s price up over 7,000% in the past four days, many believe $FUMO could soon be listed on other major exchanges.
HarryPotterObamaSonic10Inu ($BITCOIN)
Another trending crypto coin that is making waves in the market is HarryPotterObamaSonic10Inu – although investors are opting to use its ticker symbol, $BITCOIN, due to the length of its full name.
Despite its unusual moniker, $BITCOIN is gaining immense traction among investors and could become a significant player in the meme coin space if the momentum continues.
Per CoinMarketCap, over $4.5 million worth of $BITCOIN was traded in the past day – a 17% increase from the previous day.
This huge trading volume is even more impressive because the $BITCOIN token has no built-in use cases and appears to be being driven solely by social media hype.
At the time of writing, $BITCOIN is trading around $0.0196, representing a 197% increase over the past five days.
This price rise has added confidence that $BITCOIN could be about to begin an extended bull run, fuelled by its unique name and inherent viral potential.
Pepe ($PEPE)
Pepe ($PEPE) needs no introduction, as this super-popular token was what kicked off the meme coin frenzy back in mid-April.
According to CoinGecko, $PEPE hit an all-time high of $0.00000431 on May 5, yet is now trading 64% below that level.
However, the good news for $PEPE holders is that price has bounced back over the past week – with meme coin enthusiasts speculating that the token could be about to explode once more.
$PEPE is up by over 70% in the past seven days, with the daily chart showing that price could be creating a solid bull flag.
Bull flag patterns usually appear just before a sharp upwards push – so this factor is helping create a tremendous buzz throughout the trading community.
Although $PEPE still has a long way to go to regain its previous all-time high, the current momentum suggests that a significant price surge could be on the horizon.
Waves ($WAVES)
Waves is a blockchain platform that boasts smart contract functionality, making it a suitable option for decentralized application (dApp) developers.
The platform was launched in 2016, making it one of the first crypto projects to succeed through an initial coin offering (ICO).
Although Waves hasn’t reached the heights of other blockchains, like Ethereum and Solana, the platform has received various upgrades over the years – including adding a protocol that supports DeFi products and services.
$WAVES is the native currency of the Waves blockchain, which is primarily used to pay network fees.
However, investors looking to gain exposure to Waves’ growth and evolution have also been snapping up $WAVES tokens and adding them to their crypto portfolios.
This move seems to have borne fruit, given that the $WAVES price rocketed by 95% over the weekend.
Although price has pulled back slightly from Saturday’s high, the $WAVES token still shows considerable strength – making it one to watch in the coming month.
Wall Street Memes ($WSM)
Lastly, Wall Street Memes ($WSM) is another trending crypto coin that many believe could be set to explode in the weeks ahead.
As its name implies, Wall Street Memes draws inspiration from r/WallStreetBets – a subreddit known for co-ordinating high-risk investment strategies and popularizing market-related memes.
Reflecting the spirit of its namesake, the $WSM token has been attracting massive interest from retail traders seeking a high-potential meme coin to add to their portfolios.
This has helped Wall Street Memes’ presale phase raise an incredible $10.5 million in funding – all in just over one month of going live.
Wall Street Memes’ team is now looking ahead to major CEX listings later this year, which could catalyze a substantial price rise.
With the momentum from the presale showing no signs of slowing, and well-known crypto influencers like Michael Wrubel throwing their support behind the project, $WSM looks well-positioned for growth in July.
