Cryptocurrencies not to miss on July 20

By:
on Jul 20, 2022
Updated: Aug 2, 2022
  • MATIC, FTM, and ETH are some of the best tokens you can get on July 20, 2022.
  • MATIC jumped 64%, FTM 45% and ETH 44% in the last 7 days.
  • Each of these cryptocurrencies has further potential for growth.

Polygon (MATIC/USD), Fantom (FTM/USD), and Ethereum (ETH/USD) are some of the best tokens you can get on July 20, 2022.

This is due to the fact that each of these cryptocurrencies saw an exponential level of growth throughout the last seven days, where MATIC jumped by 64%, FTM by 45%, and ETH by 44%.

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On July 13, 2022, Polygon teased zkEVM, a technology they will implement on top of the network.

Furthermore, on July 19, 2022, Genki integrated Fantom on Genkibox and the Genki Network.

Beacon Chain community manager superphiz.eth also announced that “The Merge” will occur on September 19, however, noted that the date is not final.

Should you buy Polygon (MATIC)?

On July 20, 2022, Polygon (MATIC) had a value of $0.9143.

The all-time high of Polygon (MATIC) was on December 27, 2021, when it reached a value of $2.92.

When we go over the performance that occurred in June, MATIC had its highest point of value on June 10 at $0.6542. Its lowest point was on June 18 at a value of $0.3244.

Here, we can see a decrease of $0.3298 or 50%.

However, from June 18 to July 20, MATIC is up by $0.5899 or by 181%.

With this in mind, we can expect MATIC to reach $1.3 by the end of July, making it a solid buy.

Should you buy Fantom (FTM)?

On July 20, 2022, Fantom (FTM) had a value of $0.3414.

When we go over its all-time high, Fantom (FTM) had a value of $3.46 on October 28, 2021.

When we take a look at how the token performed last month, FTM had its highest point of value on June 1 at $0.4095. Its lowest point, however, was on June 13 at $0.1989.

Here, we can see a decrease in value of $0.2106 or by 51%.

From June 13 to July 20, FTM is up $0.1425 or 71%. With this in mind, we can expect FTM to reach $0.6 by the end of July 2022.

Should you buy Ethereum (ETH)?

If you’re wondering whether you should buy Ethereum or not, we’ve performed a technical analysis to share some of our thoughts. On July 20, 2022, Ethereum (ETH) had a value of $1,545.57.

When we look at the all-time high, Ethereum (ETH) reached a value of $4,878.26 on November 10, 2021.

Going over the performance of the token throughout the previous month, Ethereum (ETH) had its highest point of value on June 1 at $1.960.7. Its lowest point was on June 18 at $897.59.

This marked a decrease of $1,073.11 or 54%. However, from June 19 to July 20, ETH is up $647.98 or 72%. With this in mind, we can expect ETH to reach $1,800 by the end of July 2022.

Where to buy right now

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*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.