Discover the best cryptocurrencies to buy in September 2024. Stay updated with the latest trends and market shifts in the ever-evolving world of crypto.
Gli equilibri nel mondo delle criptovalute cambiano in maniera rapida e spesso imprevedibile. Per questo motivo è importante, soprattutto se stai scegliendo quale criptovaluta comprare oggi, conoscere gli ultimi sviluppi del mercato e le novità introdotte dai progetti “sulla cresta dell’onda”. Ogni mese, nuove tecnologie e cambiamenti regolamentari possono influenzare il valore, le gerarchie e la classifica delle crypto per capitalizzazione di mercato.
Grazie a questa analisi mensile, puoi reperire informazioni su quale criptovaluta comprare attraverso una una classifica delle cinque più promettenti, da noi stilata basandoci sui dati più recenti e sugli eventi significativi che stanno plasmando il settore.
As the cryptocurrency market evolves rapidly, staying informed about the latest developments is crucial, especially considering which cryptocurrency is the best to buy today. September 2024 brings new opportunities and challenges, making it essential to review the most promising cryptos to add to your portfolio. In this article, we’ll provide a monthly analysis that ranks the top five cryptocurrencies to buy based on recent data and significant events shaping the market.
1. Aave (AAVE)
Aave (AAVE) stands out as a leading contender when considering which cryptocurrency to buy today. As the foremost decentralised application for borrowing and lending crypto, Aave has maintained its dominance in the decentralised finance (DeFi) sector despite the rise of numerous competitors.
In late August, Aave set a new record for weekly active borrowers, underscoring its popularity among users. Financially, the project also impressed, with Q2 2024 earnings reaching approximately $20 million, nearly double that of the previous quarter. The Total Value Locked (TVL) on Aave’s platform, a critical metric in DeFi, recently hit $12 billion.
AAVE’s price has responded positively to increased activity on its platform, experiencing nine consecutive daily gains and a peak surge of +38%. Currently, AAVE is hovering around the $130 resistance level. If it breaks through this, the following targets could be $150 and eventually $240, fueled by the ongoing growth of its user base.
- 30-day price increase: +40% (from $100 on 07/26/2024 to $140 today)
- 1-year price increase: +87% (from $100 on 08/26/2023 to $187 today)
2. Sui (SUI)
Sui (SUI) is another intriguing option for those wondering which cryptocurrency to buy today. Created by former Meta developers, SUI has emerged as one of the top performers in the market over the past month, driven in part by the introduction of the Grayscale Sui Trust. This new financial product has bolstered SUI’s standing, potentially setting it up for continued success in September.
SUI experienced a massive +130% surge following the market crash on August 5th. Even more recently, SUI has shown significant growth, with a +100% increase and an additional +16% gain in the past week.
- 30-day price increase: +26% (from $100 on 07/26/2024 to $126 today)
- 1-year price increase: +53% (from $100 on 08/26/2023 to $153 today)
Buy SUI
3. Fantom (FTM)
Fantom (FTM) has gained attention recently, thanks to the announcement that Andre Cronje, a leading figure in DeFi, will return as Sonic Labs’ Chief Technology Officer (CTO). Cronje’s involvement in developing Sonic, particularly its native bridge technology, “Sonic Gateway,” could significantly enhance Fantom’s ecosystem.
Sonic’s L1 network, which uses asynchronous Byzantine Fault Tolerance (aBFT) consensus, promises near-instant transaction finality with a single confirmation. This development is likely to boost investor confidence in Fantom’s future growth.
- 30-day price increase: +8% (from $100 on 07/26/2024 to $108 today)
- 1-year price increase: +95% (from $100 on 08/26/2023 to $195 today)
4. Bittensor (TAO)
Bittensor (TAO) is closing out an exciting August, having benefited from Grayscale’s involvement. TAO is featured in two of Grayscale’s financial products, including a Trust dedicated entirely to this promising cryptocurrency. TAO has seen a dramatic rise from $200 to nearly $800 earlier in the year, although it later corrected back to its starting point.
Following the August 5th crash, TAO has regained momentum, doubling its value in three weeks. If it can surpass the $360 resistance level, TAO could see significant gains in September.
- 30-day price increase: +2% (from $100 on 07/26/2024 to $102 today)
- 1-year price increase: +296% (from $100 on 08/26/2023 to $296 today)
5. Ethereum (ETH)
Finally, Ethereum (ETH) rounds out our list of the best cryptocurrencies to buy in September 2024. Despite facing challenges and failing to break the $2,800 resistance level, Ethereum remains a strong contender due to its robust fundamentals.
Ethereum’s blockchain continues to operate smoothly, demonstrating unmatched security and efficiency. The network recently set a new record with over 34 million ETH staked, and the team has rolled out significant upgrades such as The Merge, Shanghai, Dencun, and Proto-Danksharding, ensuring Ethereum remains at the forefront of blockchain innovation.
- 30-day price decrease: -14% (from $100 on 07/26/2024 to $86 today)
- 1-year price increase: +44% (from $100 on 08/26/2023 to $144 today)
Conclusion
Choosing the best cryptocurrency to buy today requires a keen understanding of market dynamics and emerging trends. Aave, Sui, Fantom, Bittensor, and Ethereum each offer unique opportunities this September. However, remember that the crypto market is highly volatile, and thorough research is essential before making investment decisions.
Disclaimer
This information is provided solely for informational and educational purposes and does not constitute a recommendation to buy or sell any specific digital asset or investment strategy. Young Platform S.p.a. makes no warranties regarding the accuracy, suitability, or validity of the information provided or any particular asset. Prices are illustrative and may vary. The data may reflect assets traded on the Young Platform S.p.a. platform and other selected cryptocurrency exchange platforms. Please note that cryptocurrencies are highly volatile, and purchasing them involves a risk of loss.