6 promising cryptocurrencies of the month of september

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It’s time for you to check out the list of the 6 promising cryptocurrencies of the month of September! This content should not be understood as an investment recommendation.

Any decision must be made based on a detailed analysis, which takes into account your investment profile, objectives, planning and even currency timing, ok?

It is impossible to be sure about the future of a cryptocurrency. What we do here is to present a scenario with chances of happening given the current trend and the movement of the asset.

Let’s go to the list of promising cryptocurrencies that were featured in the month!

BITCOIN (BTC)

Bitcoin is indisputable and transparent. It allows unrestricted payments and is completely safe and secure. If you had invested $1,000 in BTC at the beginning of 2021, how much would it be worth at the beginning of 2022?

On January 1, 2021, Bitcoin was worth $29,374.15. As of January 11, 2022, it was worth $41,589.99. This means that if you invested $1,000 on January 1, 2021, that $1,000 would now be worth $1,415.9. This is the best time to buy Bitcoin.

As we all know that Bitcoin is one of the most promising cryptocurrencies , you might think that it is too late to buy Bitcoin. Well you are not. In Singapore, Bitcoin is widely adopted.

ETHEREUM (ETH)

Bill Noble said that Ethereum is worth buying because it serves two purposes: it acts as money and it can be a store of value. It is also a road to decentralized finance.

If you had invested $1,000 in ETH at the beginning of 2021, how much would it be worth at the beginning of 2022? As of January 1, 2021, Ethereum was worth $730.37. As of January 11, 2022, it was worth $3,111.74. This means that if you invested $1,000 on January 1, 2021, that $1,000 would now be worth $4,260.5.

SOLANA (SOL)

The top reasons to buy Solana, cited by the U.S. News, are its high speed and low rates, as well as its level of scalability. Solana is also used for non-fungible tokens (NFTs).

In fact, Solana is reputed to be the fastest blockchain network as Solana can process up to 50,000 transactions per second.

In comparison, Ethereum can process 15 transactions per second, while Bitcoin can process 7 transactions per second. Outside of cryptocurrencies, Visa can process 1,700 transactions per second.

If you had invested $1,000 in SOL at the beginning of 2021, how much would it be worth at the beginning of 2022? As of January 1, 2021, Solana was worth $1.84. As of January 11, 2022, it was worth $136.46. This means that if you invested $1,000 on January 1, 2021, that $1,000 would now be worth $74,163.

POLYGON (MATIC)

According to a quote from GoBankingRates, Polygon is a solid investment because it is a framework for a blockchain network and is compatible with the Ethereum virtual machine.

Polygon has become a prominent feature of several decentralized finance (DeFi) protocols, and many platforms adopt it daily.

Users need to connect their Ethereum assets to the Polygon network. In turn, they gain access to speed, affordability, and market-leading potential.

Some popular DeFi apps include QuickSwap, Aave, Curve Finance, AutoFarm, Beefy Finance, SushiSwap, 1inch and many more. It has also found its place in the world of non-fungible tokens (NFT).

RIPPLE (XRP)

According to Trading Education, Ripple is a worthwhile purchase because its transactions take seconds and have a strong network effect.

Central banks in many countries are planning to use XRP to transfer money internationally. In addition, it is listed on many exchanges and has a solid and aggressive community.

If you had invested $1,000 in XRP at the beginning of 2021, how much would it be worth at the beginning of 2022? As of January 1, 2021, Ripple was worth $0.2374. As of January 11, 2022, it was worth $0.7384. This means that if you invested $1,000 on January 1, 2021, that $1,000 would now be worth $3,110.4.

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