What to expect from Crypto in August

July was practically the month of memes, so many traders myself included were very profitable because of how well they performed, and yes it can be assumed that it was because the crypto ecosystem was generally positive, which is true.

My major thing now is if this would continue into the new month, and what we can expect, just a disclaimer this post doesn’t explicitly answer that question and I’m also waiting to see what the play is like for August.

My hedge for now is scouting projects ahead and while I don’t have a lot of options, the one that seems really good is Nero Chain, and this is not even because of the Candybomb on Bitget, although that’s also a good reason.

Things is most blockchains make us pick between low fees, strong security, or real decentralization, and this is where Nero Chain’ utility comes into play because it lets users pay gas with any token, enable dApps to sponsor fees and supports faster, more optimized apps.

Outside of Nero there are other projects like DePhy, but I’ve not done a lot of work on this one, so I can’t really write on it, but the idea is to check out a few projects so I’m ready for a move in the new month.