Polygon (MATIC) vs Dogecoin (DOGE) vs KangaMoon (KANG) - Which Crypto Will Explode This July?

The second quarter of the year proved tough for the crypto market as most of the top crypto coins suffered losses in the double-digit territory during June. But with Ethereum ETFs expected to start trading this month among other events, a market-wide recovery is expected this month.

Top crypto coins have suffered double-digit losses in June, but with Ethereum ETFs expected to start trading this month, a market-wide recovery is expected. But some altcoins are expected to perform better than others. So, between Polygon, Dogecoin, or KangaMoon, which will be the best crypto to invest in for massive returns this July?

Polygon, Dogecoin, and KangaMoon are all cryptocurrencies that have been performing well in recent times. While Polygon has been battered by the bear market, Dogecoin and KangaMoon have both managed to post impressive gains. But which of these three cryptos will be the best investment for massive returns in July?

Let’s find out.

Polygon Emerge As Institution’s Favorite, MATIC Remains Down 

Polygon (MATIC) has been one of the few altcoins that did not experience a strong sell-off throughout the first quarter. Commencing this year, the price of MATIC has dropped by 45%, according to CoinMarketCap data.

Despite the price decline, Polygon has remained one of the top choices by institutional investors. Data from the tracker @rwa_xyz shows that a majority of institutional funds and treasury products are being deployed on Polygon. While this could help the price of Polygon increase, indicators suggest that MATIC is still under bearish pressure around the $0.550 price range.

Dogecoin (DOGE) in Buy Zone, Set for Big Price Bounce

Like many other top crypto coins, Dogecoin (DOGE) has been on a decline over the last month. Following a 25% plunge on the monthly chart, the Dogecoin price has returned to the $0.1200 support level. However, Ali Martinez has said that Dogecoin has now entered into a buy zone and is set for a big price bounce.

Analyst Matinez said that the Tom DeMark (TD) Sequential indicator, which is employed to predict potential reversal points in the price of an asset, points to a bounce for the leading memecoin, Dogecoin. Based on the chart he shared, the price of Dogecoin could increase by more than 50% in July.

KangaMoon Defies Bearish Market, Set for Pump 100% Price Pump 

While most of the market has been subjected to strong bearish pressure, KangaMoon has been one of the few exceptions. Rallying after its listing on Uniswap and BitMart, the price of KangaMoon has increased by more than 150% over the last week, according to data from CoinMarketCap.

In addition to its recent listing, KangaMoon recently added a staking platform to its ecosystem, giving users the option of earning passive income. In the weeks following that, KangaMoon will be releasing its P2E game, and market specialists expect a further rise.

From its current price range at $0.098, KangaMoon is expected to trade above $0.20 before July ends, making it the best crypto to invest in. The Social-Fi framework of KangaMoon is another factor that makes it one of the best cryptos to buy now since it gives everyone a chance to earn.

This new approach enables KangaMoon users to earn KANG tokens and other amazing gifts depending on the level of their interaction with the project on the various social media platforms. Social-Fi is an integral part of the Kangaverse that is being built and has helped the project onboard over 32,000 users in only a few weeks.

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