Despite many predictions that the cryptocurrency market could be headed lower, it shows remarkable resilience. Buying volumes are rising, and Bitcoin is rallying back to $20k after slipping to $18k. However, it is altcoins that are showing the most promise at the moment, with some of them currently making double-digit gains. If this trend continues, then this could be an excellent time to start buying into high-potential altcoins that could rally for the better part of September. With this background in mind, let’s look at some of the altcoins that can easily 3X in September.
Terra Classic (LUNC)
Terra Classic (LUNC) is making headlines at the moment for its meteoric rise recently. In the last 7-days, Terra Classic has been up by over 80%, and the momentum continues to rise. Terra Classic is likely to keep going up in value because of the accelerated coin burn it is going through at the moment. This means Terra supply is dropping fast, even as demand continues to rise. With FOMO building up now that LUNA is back in the top 50 cryptocurrencies, there is a good chance that this cryptocurrency could easily 3X, or more, within the month.
As LUNC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase LUNC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LUNC right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and ‘connect’ your wallet to it.
4. You can now swap your ETH for LUNC
Now that you’re connected, you’ll be able to swap for 100s of coins including LUNC.
Cosmos (ATOM)
Cosmos (ATOM) has been gaining momentum fast in the last 24 hours. ATOM is up by over 10% in this period, and upside momentum is rising. ATOM is supported by increased bullish momentum across the market and its internal fundamentals driving its adoption. Recently, Cosmos introduced the Interchain Developer Academy. This aims to increase the number of people building on the Cosmos network. However, in the very short term, the broader market momentum and the various airdrops are likely to give ATOM a boost in value. With growing momentum at a time when Bitcoin is still sluggish, FOMO could easily see ATOM 3X by the end of the month.
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Disclaimer
Uphold
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
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Shiba Inu (SHIB)
Shiba Inu (SHIB) is yet to gain momentum this week, but all odds seem to be in its favor it the broader market continues going up. One thing that gives Shiba Inu an edge in the short term is the accelerated token burn that has taken place over the last few weeks. Hundreds of millions of Shiba Inu are being burned every day, a factor that could see Shiba Inu rally due to supply and demand factors. At the same time, the fact that SHIB is pretty cheap makes it easily accessible to small investors looking to buy into crypto and take advantage of the next cryptocurrency bull run. A combination of shrinking supply, and an attractive price, makes SHIB a cryptocurrency with the potential to 3X in the month. It could be a perfect buy now that it is still consolidating.
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Buy SHIB with eToro today
Disclaimer
Bitstamp
Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.
Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.
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