What cryptocurrency will grow in September. Analyst listed five tokens

 

What cryptocurrency will grow in September. Analyst listed five tokens

Michael van de Poppe named altcoins that can repeat the dynamics of Cardano, Solana and Avalanche, which have more than doubled in price over the past month.

The opinions of experts may not coincide with the position of the editorial board. RBC-Crypto does not give investment advice, the material is published for informational purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.

Trader Michael van de Poppe in his YouTube channel named five altcoins, which, in his opinion, are the most promising in September. The analyst claims that the tokens Cosmos, Mina, Chainlink, Harmony and Tezos will repeat the dynamics of Cardano, Solana and Avalanche, which over the past month have risen in price by 130%, 314% and 348%, respectively.

Cosmos (ATOM)

According to van de Poppe, the Cosmos token is still in the accumulation stage paired with Bitcoin. Once the asset overcomes the accumulation range, there will be a "real impulse wave," the trader argues.

Over the past month, the Cosmos token has more than doubled, and its capitalization has increased to $ 94.4 billion, according to CoinGecko. On August 3, the altcoin is trading at $24.

Cosmos (ATOM) is a decentralized network of independent parallel blockchains that operate on the basis of Byzantine fault tolerance (BFT) algorithms. These blockchains are able to communicate with each other through a Network of Cosmos called the "Internet of Blockchains."

Mina (MINA)


On September 3, the Mina token is traded at $3.8. The next important level for the cryptocurrency is $5.3, the analyst claims. In his opinion, if the altcoin manages to overcome it, then its price can more than double from current levels, to $ 8.

For the month, the Mina token rose by 100%, and its capitalization increased to $ 797 million.

Mina is a "lightweight blockchain" that is designed to facilitate and improve the efficiency of decentralized applications (dApps).

Chainlink (LINK)


Recently, the Chainlink token has been weak in tandem with bitcoin, according to van de Poppe. According to his forecast, the altcoin is in the stage of accumulation and is preparing for an impulse wave of growth.

Over the past four weeks, the Chainlink token has risen in price by 35%. The capitalization of the altcoin rose to $ 13.3 billion On September 3, the cryptocurrency is traded at $ 29.7.

Chainlink is the first network of decentralized oracles between blockchains and smart contracts, and among its partners is the Swift payment system. Also, the coin is in the portfolio of the grayscale investment fund.

Harmony (ONE)


Over the past month, the Harmony token has risen in price by 86%. On August 3, the altcoin traded at $0.12. Its capitalization increased to $ 1.2 billion.

According to the analyst, the Harmony token has just begun to recover after the collapse of the crypto market in May, when the cost of bitcoin for the day fell by a third and fell to $ 30 thousand for the first time since January. The positive movement of altcoin will continue in September, van de Poppe believes.

Harmony is a project created for the scalability of the blockchain. The platform is designed with optimization in mind and has high throughput as well as low transaction fees.

Tezos (XTZ)


The Tezos token has not shown growth in tandem with bitcoin for a year, the trader noted. According to him, this means that the asset is preparing to overcome the resistance level. If this happens, then altcoin can rise in price more than twice in relation to bitcoin, says van de Poppe.

Over the past month, the Tezos token has doubled in price, and its capitalization has increased to $ 94.4 billion. on September 3, the altcoin is traded at $ 5.2.

Tezos is a decentralized blockchain platform with support for smart contracts and the ability to create tokens and decentralized applications (dApp).


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