Top 3 Cryptos in July for a Balanced Portfolio: Fortrex: Algorand, ETH, and Colors Duel (MAGG) (ALGO)

Every day, new tokens are introduced to the cryptocurrency market, fueling its growth. Keeping up with every new coin that enters the market and every change made to an ecosystem gets tiresome. But because cryptocurrencies are so erratic, it's important to be aware of and comprehend such movements. Three cryptocurrencies are covered in this article that have the potential to generate enormous returns in the future. Continue reading to learn more about Fortrex: Colors Duel (MAGG), a recent market entrant, and possible improvements to the Ethereum (ETH) and Algorand (ALGO) ecosystems.

Here is how Fortrex: Colors Duel gives its users useful content.

At the nexus of gaming and DeFi, Fortrex: Colors Duel wants to create a community of GameFi fans who can create and play a variety of entertaining games.

The MAGG governance token was introduced to give platform users voting power. Users of the platform can get free random incentives from the gaming industry.

The MAGG token presale will be the finest opportunity to get the token at incredibly low pricing. The token has a 100,000,000 token maximum supply. The ability to receive a percentage of the revenue based on wallet holdings is a significant benefit of holding onto MAGG Tokens. The sold tokens will have a 4-month vesting period to prevent instances of rug pulls. Long-term better transparency will result from this, protecting all buyers.

Players are the target audience for the platform's second token, the CAT. Players' CAT tokens can simply be exchanged for other tokens after each game.

Fortrex: Colors Duel thinks that players should first enjoy a distinctive and seamless gaming experience before using that experience to generate income from the platform. According to their status within the gaming environment, participants receive additional CAT tokens. Additionally, users will have easy access to an NFT marketplace where they can simply monetize their profits.

The Ethereum platform is prepared to release zkSync 2.0.

Within the next 100 days, Matter Labs will release zkSync2.0, the first zero-knowledge rollup that is Ethereum Virtual Machine (EVM) compatible. It is thought that zkSync2.0 would fix the scalability problems and cut the cost of network transactions in half. It carries over all of the Ethereum ecosystem's security features. Blockchain technology is used by Ethereum to create organizations and apps, keep and transfer assets, and communicate with one another without being governed by a single entity. The shared data is under the user's control. The platform's native token, ether (ETH), can be used for transactions within the ecosystem. With the advent of zkSync2.0, the private internet, a peer-to-peer network created by Ethereum, will become even more alluring to present and potential cryptocurrency investors.

Arrival of the Drone Racing League in Algorand

The Drone Racing League is creating a digital replica of the exhilarating and well-known Drone Racing League on Algorand in collaboration with Playground Labs. Gamers will have a fantastic opportunity to participate and win rewards like NFTs, which can be utilized both within and outside the game. You have a chance to win digital items by participating in the Drone Racing League, including virtual racing drones, virtual clothing, and more. The metaverse allows for the use of the crypto-based play-to assets acquired through the games outside of the platform. It can be exchanged for cryptocurrencies on secondary markets, such ALGO. The native token of the Algorand platform, ALGO, came in at number 20 on Forbes' ranking of the most significant digital assets. Proof-of-stake consensus is one of the features that makes Algorand the most sought-after crypto coin and has assisted in lowering the carbon footprint. It uses less energy and is the location of several decentralized apps, DeFi initiatives, and the metaverse.