🚨 Best Buys September 2024
4 Profitable Opportunities
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Today, we’ll give an overview of our favorite altcoins of the month.
September 2024. Where it’s all going?
In September, the crypto market cap grew by 5% after the Federal Reserve lowered the federal funds rate to a range between 4.75%-5%.
The Fear & Greed Index indicates that we are currently in ‘Neutral’ Mode.
And here are the best 5 charts of this month:
1. Bitcoin Hashrate has hit an all-time high of 747 EH/s (link)
2. RWA value is $12b, 3.4x more than two years ago (link)
3. Activity on L2s is booming (link)
4. Ethereum validators are at ATHs (link)
5. Long-term Bitcoin holders are buying (link)
Best Buys September 2024
Now let’s dive into our favorite crypto for September 2024.
We only mention tokens that can be found within our watchlists and portfolios.
You can read the latest portfolio updates here:
4. NEAR ($NEAR)
NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput.
NEAR is down more than 73% from ATH and outperformed BTC in the last 3 and 12 months.
The Basics:
Industry: Smart Contract
Verticals: Layer 1
Market Cap: $6.02B
24H Real Volume: $337M
X Community: 1.8M