This Month has been good for certain coins, as seen from their price movements

This month's pumps can be attributed to various political events that have stirred enthusiasm into the crypto community over the period as well as individual developments.

Helium ($HNT) emerged as the top gainer this month, with a 22.4% price increase, reaching $3.62 at press time. This surge can be largely attributed to Helium's impressive activity in the community space. By August 1st, Helium had surpassed 250,000 Offload Subscribers from major US carriers in their beta phase, with only 25 hotspots. This achievement is particularly noteworthy considering the early stage of Helium's offload program and the limited number of hotspots involved. As more hotspots are gradually permitted into the program, the subscriber count is expected to rise substantially.

Mantra ($OM) also joined the ranks of this month's gainers, with a 4.46% price surge, to reach $0.8915 at press time. This gain can be linked to recent listings that helped propel the token's momentum as the month drew to a close. On July 29th, the community announced that $OM was now available for deposits and withdrawals on AscendEX via Base Chain, generating some excitement among the token's supporters.

PAX Gold ($PAXG) recorded a moderate gain of 2.74%, trading at $2,418 at press time. This gain may be attributed to PAX Gold's strong performance during the week, which ultimately led to a gain of 2.5%. This performance placed $PAXG among the top ten gainers of the week, as reported by several crypto news outlets.

Ripple ($XRP) experienced a significant gain of 12.14% this month, with a spot price of $0.4515 at press time. This gain may be largely attributed to various events throughout the month that collectively contributed to a groundswell of enthusiasm for the token. One notable event occurred when Ripple was recognized by Fortune magazine and included in their prestigious list of best workplaces for millennials, an accolade that undoubtedly resonated with XRP enthusiasts.

Tether Gold ($XAUt) rounded out the list of gainers this month, with a price gain of 2.72%, reaching $2,429.83 at press time. This gain can be attributed to a recent listing on July 16th, when Tether Gold announced that it was now live on dexnet one, a development that likely generated some excitement among traders and investors interested in digital gold assets.