3 CoinGecko Top Gainers Primed to Explode in July’s First Week
Crypto's summer heatwave isn't just melting ice caps—it's sending altcoins into orbit. These three outperformers combine bullish fundamentals with the kind of volatility that turns cautious investors into degen gamblers overnight.
### The Contenders: Who's Riding the Hype Cycle?
Forget 'slow and steady'—July's opening act features projects flipping double-digit gains like pancakes. We're seeing everything from ecosystem plays to AI tokens getting the irrational exuberance treatment.
### When Fundamentals Meet FOMO
One protocol's actually shipping product updates while two others are coasting on vaporware promises. Guess which ones institutions are quietly accumulating versus which ones retail will baghold by August?
### The Cynic's Take
Nothing says 'healthy market' like triple-digit weekly pumps on tokens whose whitepapers contain more buzzwords than actual code. Happy hunting—just remember the golden rule: early profits aren't real until they're in a cold wallet (or spent on a Lambo).
Pudgy Penguins (PENGU)
PENGU is up 70% over the past week and currently trades at $0.014. During Monday’s early Asian trading session, the altcoin surged to a 47-day high of $0.0155 as demand soared.
Apart from improvements in the broader market’s sentiment, PENGU’s rally is driven by the climbing demand for Pudgy Penguins’ non-fungible tokens (NFTs). According to CryptoSlam, the collection recorded $1.44 million in sales over the past seven days, representing a 34% increase compared to the previous week.
The surge in trading activity was not limited to volume alone. The number of sales transactions also climbed to 63 during the same period, marking a 31% uptick week-over-week.
If this demand rises, PENGU could see a demand spike pushing its price to $0.015. A breach of this resistance could propel the altcoin to $0.017.
On the other hand, if demand falls, PENGU could fall to $0.012
BULLA
Described as “the king of memes and the official mascot of the bull market,” BULLA is another top Coingecko gainer to pay attention to in the first week of July. As of this writing, it trades at $0.1173, climbing by 178% over the past week.
On the BULLA/USD one-day chart, the token’s Aroon Up Line is at 85.71%, confirming the rally’s strength. The Aroon indicator measures the strength and direction of a trend. It comprises two lines: Aroon Up, which tracks bullish momentum, and Aroon Down, which tracks bearish pressure.
When an asset’s Aroon Up line is at or close to 100%, it has recently hit a new high, signaling strong upward momentum and a dominant bullish trend.
If demand remains high, BULLA’s price could revisit its all-time high of $0.128.
On the other hand, if demand falls, the token’s price could fall to $0.105
Jupiter (JUP)
JUP, the native token of the Solana-based decentralized exchange (DEX) Jupiter, is one of Coingecko’s top-performing assets to watch this week. It is up 29% during the review period, exchanging hands at $0.44 at press time.
Readings from the JUP/USD one-day chart show a steady rise in the token’s Smart Money Index in the past seven days, highlighting increased demand from key token holders. This is currently at 1.35, climbing 8% in the past week.
An asset’s SMI tracks the activity of experienced or institutional investors by analyzing market behavior during the first and last hours of trading.
When it drops, it suggests selling activity from these holders, pointing to expectations of price declines.
Conversely, as with JUP, when the indicator rises, it indicates increased buying activity, signaling growing confidence in the asset.
If demand continues to increase, JUP’s price could break above $0.47.
On the other hand, if buying pressure flattens, the token’s price could drop toward $0.38.
