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Cryptocurrency News Articles

5 Best Altcoins To Buy In September

Sep 04, 2024 at 05:51 pm

September is often called “Rektember” by crypto investors. However, for smart money investors, it is often the perfect buying opportunity.

5 Best Altcoins To Buy In September

September is often referred to as “Rektember” by crypto investors. However, for smart money investors, it is often the perfect buying opportunity.

For instance, a crypto whale has quietly accumulated over $130 million in Bitcoin over the past 5 days, clearly preparing for a strong uptick in crypto prices.

Indeed, there is a significant likelihood that September could see the start of the golden bull run. The Federal Reserve’s imminent quantitative easing and Donald Trump’s improving odds of winning the White House in November do support this bull thesis.

5 Best Altcoins To Buy In September

However, the next bull run will be led by altcoins. Experts believe that the ETH/BTC trading pair has hit a local bottom and is in the process of locking in a bullish divergence. A breakout above 0.046 could start the “altseason”.

Unsurprisingly, meme coins - in particular, new meme coins - are expected to deliver outsized returns as is typical in a bull market euphoria.

In this article, we list the 5 best altcoins to buy in September.

XRP (XRP)

XRP is our top pick for the best altcoin to buy this month in preparation for the next bull run.

After all, XRP is highly undervalued. It is trading 85% below its all-time high. This means that new buyers can see nearly 7x returns if it only reclaims its current high.

Additionally, Ripple - XRP’s parent company - has key landmark victories against the SEC, including Judge Analisa Torres’s last year ruling that XRP is not a security.

If Trump wins the November elections, the SEC is unlikely to appeal the ruling, considering that the Republican has promised to fire crypto antagonistic Chairman Gary Gensler. Therefore, it wouldn’t be surprising if XRP forms a new high in the event of a Trump victory.

Furthermore, Ripple is also adding Ethereum-compatible smart contracts to the XRP ledger, a move that is expected to drastically improve XRP’s fundamentals.

Pepe (PEPE)

Pepe’s inclusion in a list of top altcoins to invest in shouldn’t be surprising.

It remains an attractive buy not just for meme coin enthusiasts, but also for Ethereum bulls. Indeed, PEPE’s strong correlation with Ethereum has made it an excellent beta play on ETH.

Similar to XRP, Pepe is also undervalued, especially when considering that some experts project it to reach a peak market cap of $50 billion during this bull cycle. It is currently trading nearly 60% below its all-time high, at a market cap of just $3 billion.

However, experts believe that the Pepe coin is on the cusp of a V-shaped recovery. There is a reason why whales have started stacking the meme coin once again.

Pepe Unchained (PEPU)

Pepe isn’t the only frog-themed meme coin that experts are bullish on.

A new meme coin - Pepe Unchained (PEPU) - is also in the spotlight after raising nearly $12 million in presale funding.

The developer team behind the project has come up with a bold solution to separate PEPU from other run-of-the-mill tokens. It is the first frog-themed meme coin - including Pepe - which has its own blockchain.

New Ethereum meme coins often struggle with retail investment, due to the high trading costs on the blockchain. However, PEPU’s native Layer-2 chain means that its holders can take advantage of low trading fees and high staking rewards.

It is therefore no surprise that some experts are viewing Pepe Unchained as the next big meme coin that could potentially offer up to 50x returns.

Visit Pepe Unchained Presale

Notcoin (NOT)

Telegram-based meme coins have been one of the finds of this year, with Notcoin as the leader of the space.

Notcoin ushered in the era of tap-to-earn tokens, paving the way for other successful projects such as Hamster Kombat and DOGS.

NOT is currently trading 72% below its all-time high, owing to the weakness in the broader crypto market and the arrest of Telegram founder Pavel Durov. However, experts believe that its current price of $0.008 could be an excellent buying level.

Additionally, analysts highlight that the Notcoin price is on the cusp of a breakout from a descending channel, which could result in a strong bullish momentum.

Quite simply, Notcoins remains one of the best altcoins to buy in September, especially with Binance’s continued support.

Shiba Shootout (SHIBASHOOT)

Low-cap tokens steal the spotlight in a bull market with their meteoric ascent and experts believe that Shiba Shootout could be one such gem.

Despite its low-cap status, SHIBASHOOT has already raised over $1 million in its presale

Original source:cryptodaily

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