Cryptocurrencies Price Prediction: WLD, DEX & Crypto – European Wrap 24 July
Sam Altman's Worldcoin rolls out with massive rally
Worldcoin, Sam Altman’s digital ID project to verify users’ identity and tackle the advances and challenges that are likely to arise with higher adoption of artificial intelligence, launched early on Monday.
Hamsters, roaches or snails: Animal-themed cryptocurrencies take center stage among crypto traders
Crypto traders have shifted their focus from Bitcoin to altcoins in July, with the emergence of a new narrative in DeFi. Animal-themed tokens, such as Hamsters (HAMS), Snail Race (SNAILS) and Roach (ROACH), have yielded massive gains for traders on decentralized exchanges.
The crypto market is poised for a deeper correction
The crypto market lost 1.8% to last week's level of $1.192 trillion, spending most of its time within the $1.190-1.210 trillion range and near its lower boundary on Monday morning. The market has found its temporary equilibrium as it awaits the decisions of three major central banks - the Fed, the ECB, and the Bank of Japan - later this week. Their actions and comments will likely complete the market consolidation and set the trend for the coming weeks.
Author
FXStreet Team
FXStreet
