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Cryptocurrencies like Bitcoin, Dogecoin, and Etherium have taken a sharp hit over the past 24 hours. The Crypto statistics today are all over the place as the market has faced a sudden instability and spike in volatility. Here is a short insight on the latest prices. After the long weekend, cryptocurrencies have shrunken sharply since […]
This year is a great one so far for cryptocurrency enthusiasts. Despite several harsh crashes, the crypto market as a whole managed to recover time after time. Crypto critics and the mainstream media are starting to change their views on cryptocurrencies, as new areas are emerging. From NFTs to gaming, there's a lot of investment opportunities for investors around the world, around the clock. For this month, we compiled a list of the Top 5 Altcoins to buy in September 2021. So without further ado, and as all YouTubers say, let's jump right into it.
#5 Fantom (FTM)This project was launched back in 2018 with decentralization in mind. Fantom is a smart contract platform that provides DeFi projects a services gateway from developers. It does so using its own consensus algorithm. Fantom's developers claim that they were able to reduce transaction speeds on their smart contract platform to just under 2 seconds.
What makes this project unique, is that they aim to be compatible with all the transactions that happen worldwide. This alone is a big claim, but if achieved locally, can scale big time. Fantom should definitely be on the watchlist, as their own FTM token allows currently fee collection and staking.
Sushiswap is one of the first automated market-makers (AMMs) that appeared in the DeFi space. It is basically a fork of the famous Uniswap, which happened back in September 2020. Sushiswap aims to diversify its listing and add features to compete with other AMMs in the DeFi ecosystem. The SUSHI token gives its holders governance privileges, along with fee rewards that occur on the platform.
The Decentralized space can be quite hard to understand, especially for non-techy people. That’s when Holo comes in. The project is the “Shopify of Decentralized Apps”, as it aims to simplify the use of Dapps to non-techy people and introduce them to the Dapps environment. Users will be able to create their own websites, stores, and projects with the help of the HOLO ecosystem.
A project that aims to bridge the gap between the complex crypto world and simple users is definitely an interesting project. From a technical perspective, prices are looking to go higher soon, eyeing their previous ATH.
Audius is a music sharing and streaming protocol that links listeners with music creators in a decentralized setting. What's promising about this project is the freedom and power given to those creators who are marginalized in today's centralized ecosystem. Big companies such as Spotify were always criticized by bands and artists, as they take huge cuts from music streaming, leaving creators with nothing significant to carry on with the creative part of the business.
The native token AUDIO is used for governance voting, staking, and network fee sharing.
Synthetix enables users to circulate and trade synthetic assets, which are representatives of real assets such as cryptocurrencies, fiat currencies, stocks, products, and practically anything that has a price. In this, traders trade on collateral and not any particular opposite party in a contract or business transaction. Traders can also purchase and sell synthetic assets, expected to run by off-chain oracles and they have primary access to derivatives and investable baskets. Like most Defi projects, Synthetix is developed on Ethereum.
SNX's technical price shows an end of a short-term downtrend, and a reversal upwards. Ergo, this factor is making traders jump aboard, even before getting to know what the project is about.
While holding some of the top 10 cryptocurrencies is a good investment strategy, looking for those undervalued projects that are about to boom is also a good scheme. Many projects solve vital real-life problems, and those are the ones worth investing in. This list of the Top 5 Altcoins to buy in September 2021 is an extensive pick, but there are definitely many other projects that can increase in valuation. Invest responsibly, and always do your own research.
Stay Ahead, Stay Updated
Rudy Fares
Top 5 Altcoins to BUY in September 2021© Cryptoticker
The post Top 5 Altcoins to BUY in September 2021 – Best Cryptocurrency Investments appeared first on CryptoTicker.
Cryptocurrencies are always evolving, right? One year, its all about NFTs, and the next, DeFi protocols take the spotlight. With November rolling in, the market has already begun to shift focus to projects that are doing more than just riding the hypetheyre solving real problems. Its a tricky space, but if youre looking for the […]
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