July began chaotically with Bitcoin sell-off, resulting in a market-wide correction. However, amidst this collapse, some tokens such as DOP1 and AAVE have made considerable rebounds while others show remarkable endurance in the face of the rapid slump, with DigiHorse leading the change.
As July began, the market experienced a downturn with Bitcoin sell-off. However, some tokens managed to gain during this period. Here's a closer look at the top gainers and their unique attributes:
DigiHorse (DIGI) is a horse racing NFT game on the base chain. It boasts an innovative blockchain model, sustainable design and a community-centric approach. Unlike other P2E games, DigiHorse is designed to be engaging and rewarding with its AI-powered NFT skins, customizable hippodromes and multiple earning opportunities.
DOP1 (DOP) is a Web3 data ownership protocol that aims to strike a balance between privacy and transparency on the blockchain. In less than a month since its launch, DOP1 has managed to garner attention with over 1 million wallets opened. Assets soared to $10,000,000 during this period.
AAVE (AAVE) soared by 25.30%, making it the second highest gainer last week. After sliding by 6% and trading as low as $78.27, AAVE recovered with a 4% gain and continued to rise, ultimately reaching $99.26 by the end of the week.
This growth is further highlighted by the RSI (relative strength index) that shifted from bearish to bullish trends. Specifically, AAVE rallied from 37 to 62 on the RSI scale. Its market capitalization also grew to $1.5 billion with a trading volume of $108 million on exchange.
DigiHorse (DIGI) is also a collectible game that allows players to earn, buy and sell collectibles. Analysts believe that DIGI will follow in AAVE's footsteps and may even perform better due to its unique attributes and engaging gameplay.
DOP1 (DOP) is also set to continue its strong performance, especially considering its short time in the market and the bullish path that analysts predict for the second half of 2024. Their roadmap includes a $5 million developer grant program and expanding protocol capabilities.
DigiHorse (DIGI) had a groundbreaking presale launch with its captivating horse racing game and engaging NFT collectibles. It is poised to set new standards in the P2E gaming landscape.
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