Investors eye altcoins to capitalize on market volatility
In this post, we highlight the top five cryptos to invest in for September 2023, including two new tokens currently in presale. These emerging altcoins offer exciting opportunities for investors seeking to diversify their crypto portfolios. By merely investing in projects with significant upside potential, cryptocurrency offers a variety of passive income opportunities. Some of these include staking, lending, yield farming, and more. The best crypto to purchase in September 2023 and beyond are listed below.
Sei (SEI)
- Sei is a layer-1 blockchain designed specifically for trading.
- It introduces new ways of ordering transactions, processing blocks, and parallelizing tasks to optimize trading performance.
- Sei also has a built-in order placement and matching engine that is highly optimized for speed and efficiency.
- Sei has become one of the most popular cryptocurrencies since its launch on August 15th.
- A technical analysis of Sei’s price suggests that it could increase by 3.67% by September 5, 2023, reaching a price of $0.148.
Wall Street Memes (WSM)
- Wall Street Memes is a brand-new meme coin presale that has its origins in the 2021 GameStop bull run.
- The presale token comes from the Wall Street Memes brand, which has more than a million fans across all social media platforms.
- Wall Street Memes still has room to expand because it is currently less expensive than when it first launched.
- There are 2 billion tokens in all, none of which are kept back for the team, almost eliminating the possibility of a rug pull.
- Due to the large number of rounds, the supply is spread throughout a range of prices, which may result in reduced volatility and a more stable price.
Sui (SUI)
- Sui is a unique blockchain platform designed to make digital asset ownership fast, private, secure, and accessible to everyone.
- It uses a novel object-centric model and the Move programming language to enable parallel execution, sub-second finality, and rich on-chain assets.
- Sui was launched on May 3 and quickly rose to its all-time high of $1.58 on the same day.
- Based on the current classical pivot point of $0.527, $SUI has support levels of $0.512, $0.501, and $0.486.
- Sui is a layer-1 blockchain that is designed to be more scalable and efficient than Ethereum.
Launchpad XYZ (LPX)
- Launchpad XYZ is a brand-new cryptocurrency project that intends to become the core across the Web3.
- The platform of Launchpad XYZ will offer a variety of tools and services intended to simplify the process of investing in cryptocurrencies and NFTs.
- Users won’t need to visit any other websites in order to get the most out of their Web3-based activities because all these capabilities will be available on a single platform.
- $LPX, the native utility coin of the project, serves as the foundation of the Launchpad XYZ ecosystem.
- Investors may now purchase tokens with a 19% bonus through the presale, at a price of $0.0445 and a total amount raised of more over $1.5 million.
Optimism (OP)
- Optimism, an Ethereum-based Layer 2 blockchain protocol, is prepared to accept USDC stablecoin.
- The introduction of USDC on Optimism is a positive development for both Circle and the scaling solution.
- In comparison to the price movement of the $OP native token, the Circle-USDC debut on Optimism is not making as big of an impact.
- By September 30, 2023, optimism’s market valuation is predicted to increase.
Hot Take:
Investing in altcoins can be a lucrative strategy for crypto enthusiasts looking to diversify their portfolios. The top five altcoins listed above offer unique features and potential for significant growth. Sei, Wall Street Memes, Sui, Launchpad XYZ, and Optimism have all gained popularity in the crypto market and have the potential to deliver impressive returns. However, it’s essential to conduct thorough research and consider the volatility and risks associated with investing in cryptocurrencies. Keep an eye on these altcoins and stay informed about their developments to make informed investment decisions.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.