By Nathan Ferguson
Here are the altcoins to add to your watchlist in September.
After the price swings in the past months, August saw investors discussing bullish scenarios. The overall crypto market capitalization climbed above $2 trillion after struggling since May. That came as most crypto projects experienced positive developments. ETH London updated, and ADA’s smart contract talk saw the tokens posting stable gains. Here are the alternative coins you may consider this month.
Cardano (ADA)
Cardano saw its price increasing by more than 100% in August. However, September remains a crucial month for the crypto that aims to solve real-world issues. The platform will launch ‘smart’ contract capabilities on 12 September. Meanwhile, the Cardano Summit on 25 to 26 September will see the blockchain hosting multiple live and virtual events.
The token has higher chances to see long-term gains. With such developments, the alt prepares for new highs this month.
VeChain (VET)
VET rose by 40% last month, August. VeChain utilizes blockchain to improve processes by businesses and track supply chain activities. For instance, the project helps Walmart track food products at the production and distribution stages.
Last week, VeChain declared another blockchain platform that tracks carbon footprints. That allows companies to monitor their carbon data as most firms aim to go green.
OMG Network (OMG)
OMG appears to make money-moves in the digital payment industry. The blockchain works with banks directly, and its products target existing banking clients and those that cannot access banking services at the moment. Enya, OMG’s partner, launched Boba Network just the other day. Boba aims to process multiple transactions within seconds and reduce the related costs. With that and many other awaited developments, you may need to pay attention to this project.
Helium (HNT)
Wi-Fi meets the Blockchain network. Helium can offer 5G network services across the globe at less cost than the traditional telecommunication infrastructure. The project presents a modern concept, showing how cryptocurrency and blockchain technology can solve our daily issues.
Helium hotspots run like Wi-Fi routers, though more powerful. Known as LongFi, they can operate 200 times faster than ordinary routers. Individuals with Helium hotspots can receive rewards in HNT tokens.
You can access all these assets on top crypto exchanges. Remember, your research before investing matters most.