{"id":294212,"date":"2021-07-13T08:58:55","date_gmt":"2021-07-13T12:58:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=294212"},"modified":"2021-07-28T23:43:55","modified_gmt":"2021-07-29T03:43:55","slug":"5-best-cryptocurrency-to-buy-now-july-2021-week-3","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrency-to-buy-now-july-2021-week-3","title":{"rendered":"5 Best Cryptocurrency To Buy Now \u2013 July 2021 Week 3"},"content":{"rendered":"
You might be wondering what the best cryptocurrency to buy in July is? Could it be one of the top digital assets like Bitcoin or Ethereum? However, newer crypto assets are also catching the eye of investors. Aside from the two large-cap cryptocurrencies, small-cap virtual currencies are also posting remarkable returns. This article will consider some of the best cryptocurrency to buy this July for phenomenal growth.<\/p>\n
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Kicking off our countdown of the best cryptocurrency to buy list is decentralized crypto protocol DeFi Coins. Like its name denotes, the blockchain platform focuses on decentralized finance (DeFi) space. However, it is not looking to topple any large-cap digital asset or address the challenges other crypto protocols face.<\/p>\n
According to its whitepaper<\/a>, DeFi Coins’ core mission is to educate crypto investors about the intrinsic benefits of investing in DeFi and non-fungible tokens (NFTs).<\/p>\n Aside from this, it also serves as a decentralized liquidity pool through which investors may deposit liquidity with its ERC-20 token DEFC.<\/p>\n DEFC made its first public appearance on June 30 on the centralized crypto exchange VinDax, and it is already a household name. In the space of three weeks, the digital token has surged over 300% from its open day trade of $0.025. It currently trades at $0.6293, according to crypto data aggregator Coingecko<\/a> where it recently listed.<\/p>\n Aside from Coingecko and Vindax, DEFC is also listed on the popular Binance-owned decentralized exchange (DEX) platform PancakeSwap. A listing on the world’s fourth-largest crypto exchange BitMArt is also coming up on July 18. Then from July 19, DEFC will be tradable with popular stablecoin USDT.<\/p>\n DeFi Coins’ meteoric rise has been a result of strategic steps. The founding team will be launching a DeFi Coin App meant to educate investors on DeFi projects. This is to attract more investment in the DeFi space.<\/p>\n The project is attracting investors’ attention with its one-week liquidity pool<\/a> up 1,445.69%.<\/p>\n <\/p>\n Binance Coin<\/a> is one of the best cryptocurrency to buy, given its affiliation to the Binance crypto trading platform. Launched in July 2017, BNB is the proprietary coin of the world’s largest crypto exchange by trading volume.<\/p>\n Initially meant to lower transaction fees on the Bitcoin exchange, BNB has become a major digital token on the Binance exchange<\/a> and all its subsidiary exchanges. It is used in the platform’s DEX PancakeSwap, and many investors are looking to snap up available BNB tokens.<\/p>\n Even though it is not truly decentralized like Bitcoin, BNB commands a sizable chunk of the market. This has been because of the strategy the Binance development team has adopted.<\/p>\n Just like Bitcoin, BNB has a hard-cap limit of only 200 million BNB tokens that will ever be in circulation. Meanwhile, the Binance exchange also withdraws a certain amount of BNB from open circulation through the ‘token burning’ mechanism<\/a>. The idea, which is meant to reduce the supply of BNB, enables the BEP-20 token to gain value due to scarcity.<\/p>\n This has seen BNB surge from just $37.41 on Jan 1. to a record $650, rising more than 5,000% during the crypto boom in the first half of the year.<\/p>\n Even though the May crypto market crash has since halved its value, BNB is still one of the best cryptocurrency to buy for the long term.<\/p>\n This is because the Binance exchange is set for more growth given the growth of DeFi and its unique position with PancakeSwap<\/a>.<\/p>\n2. Binance Coin (BNB)<\/h2>\n