At the beginning of this month, Bitcoin made several attempts to gain a foothold above $ 50 thousand, and the price of Ethereum has already risen to $ 3.8 thousand for the first time since May. Which tokens can bring good returns in the next four weeks
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On September 2, bitcoin several times exceeded the $ 50 thousand mark, but the coin failed to gain a foothold above this level. The price of Ethereum, against the background of the rise in price of the main cryptocurrency, for the first time since mid-May, exceeded $ 3.8 thousand. Other altcoins also grew in price, for example, the Cardano rate updated its historical maximum above $ 3. Topplabs.org experts have named digital coins and crypto market industries that can show good returns in the current month.
At the moment, promising tokens are BakerySwap (BAKE) , Smooth Love Potion (SLP) and Polkastarter (POLS) from the Polkadot ecosystem, says Andrey Podolyan, CEO of Cryptorg. According to him, these tokens look positive from both a technical and a fundamental point of view.
BakerySwap and Smooth Love Potion may rise in price by 100% from the current levels with positive market dynamics, Podolyan predicted. He also added that these tokens have not yet recovered after the collapse of the crypto market in May, when the price of bitcoin fell by a third per day and dropped to $ 30 thousand for the first time since January.
By the end of September, the growth of the entire crypto market may recover, says Nikita Zuborev, senior analyst at Bestchange.ru. In his opinion, if this happens, then most of the popular altcoins will be in the green zone this fall. Against the backdrop of a growing market in September, it is worth paying attention to projects in the field of decentralized finance (DeFi), non-fungible tokens (NFT) and decentralized games (GameFi), the analyst is sure.
“Traditional platforms for projects like Ethereum , Binance Smart Chain , TRON and others should show significant growth,” Zuborev explained.