The crypto market saw its fair share of highs and lows in August and leading into September. However, there has been a resurgence of sorts in the last few days, suggesting that the markets have probably found a floor and may be on the growth trajectory.
Although many investors remain sceptical of whether there are worthy cryptos to buy after the still unremitting crypto winter, the fact remains that there is still more than $1 trillion worth of capital that has been collectively invested in the crypto market still.
So, in this article, we share with you the top three cryptocurrencies that have won our attention at this time and that we think are deserving of yours.
1. Axie Infinity ($AXS)
Play-to-earn games have become extremely popular within the crypto ecosystem and Axie Infinity is one of the platforms leading the pack. Playing the game requires players to hold the platform’s native token, $AXS which has been on a tumultuous ride recently.
The reason $AXS tops our list of coins to consider in September is that the Axie Infinity community is holding an international community meetup that is unprecedented in history. It is named Axiecon Barcelona.
The event which will be held in Barcelona, Spain between September 7 and 10 is regarded as “a gathering of the greatest thinkers, builders, and battlers in the Axie ecosystem” and thousands of Axie Infinity enthusiasts are going to be in attendance. This is the first of such convention that will gather Axie community members from all over the world together and the hype has been crazy deservedly.
The momentum and build-up to the event is a bullish signal, which makes it a top pick in the list of coins to invest in, in September 2022.
2. Ethereum (ETH)
Ethereum, the second largest crypto by market cap, is a top digital asset in terms of real-world utility. It has established itself as a juggernaut in the NFT and DeFi markets which has bolstered the market price of its native token in recent years, but that is not the story.
Probably the most talked about and hyped event in Ethereum and perhaps crypto history and an upcoming catalyst that is grabbing a lot of investors’ attention is “The Merge”. It’s expected to be rolled out around September 15 and its implications are going to be massive.
For those that do not know, Ethereum has utilised a proof-of-work consensus but this will all change on September 15, when the ecosystem will transition to a proof-of-stake consensus which makes it the most anticipated event of the year.
This move will also usher in a new era of tokenomics which many argue is much more favourable to investors and a bullish signal for Ethereum which has outperformed many of its peers recently due to the anticipation building around this event.
Hence, if you’re looking for a token to bet on for good returns in September 2022, Ethereum should be top of your list.
3. Cosmos ($ATOM)
$ATOM coin is the native token of the Cosmos system. The network dubs itself as the blockchain 3.0 and aims to improve the interconnectivity of different blockchains by creating an ecosystem of connected blockchains.
The platform also prioritizes scalability, since potential mainstream adoption would require it to cope with increased demand.
The ecosystem has an upcoming development in September which is a bullish signal. The Lambda upgrade is expected to launch sometime in September and it is going to increase interchain security and offer liquid staking.
The atmosphere in the community is positive in the build-up to the event which shows that investors are interested in the token. Also, DigitalCoinPrice predicts that the coin could reach as high as $16.69 in September, representing an upswing of over 40% from its current market price.
Although the coins listed above were predicted based on a thorough review and projections, it is advisable to still do your research and analysis before buying any cryptocurrency. The digital asset market is quite volatile and movements from flagship asset bitcoin could alter the trajectory at any time.
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