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Top 5 Altcoins To Buy In September 2023 – Next Cryptos To Explode

by Index Investing News
September 1, 2023
in Cryptocurrency
Reading Time: 7 mins read
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Investors eye altcoins to capitalize on market volatility. In this post, we highlight the top five cryptos to invest in for September 2023, including two new tokens currently in presale. These emerging altcoins offer exciting opportunities for investors seeking to diversify their crypto portfolios.

By merely investing in projects with significant upside potential, cryptocurrency offers a variety of passive income opportunities. Some of these include staking, lending, yield farming, and more. The best crypto to purchase in September 2023 and beyond are listed below.

Sei (SEI)

Sei is a layer-1 blockchain designed specifically for trading. It introduces new ways of ordering transactions, processing blocks, and parallelizing tasks to optimize trading performance. Sei also has a built-in order placement and matching engine that is highly optimized for speed and efficiency.

$SEI has become one of the most popular cryptocurrencies since its launch on August 15th. The token was listed on major exchanges like Binance, Bitget, and Bybit on the same day, and its price has since surged by over 1800%.

At the time of writing, Sei price is $0.138 with a 24-hour trading volume of $357.29 million and market cap of $249.30 million. The $SEI price decreased -9.64% in the last 24 hours. A technical analysis of Sei’s price suggests that it could increase by 3.67% by September 5, 2023, reaching a price of $0.148.

The rapid development and growing popularity of the Sei ecosystem, as well as the positive outlook for the cryptocurrency market, have created a favorable environment for the token to continue its growth.

Experts are also optimistic about the token’s long-term potential, believing that $SEI is one of the best tokens to hold for the long term and could potentially deliver 10x or even higher returns in the next few years.

Find an in-depth overview of the top five altcoins to buy in September 2023 in the video provided above, and follow his YouTube channel for more crypto-related videos. Jacob Crypto Bury also runs a Discord channel with nearly 17,000 members, where users can get trading tips and learn about the upcoming crypto presales.

Wall Street Memes (WSM)

A brand-new meme coin presale, Wall Street Memes has its origins in the 2021 GameStop bull run. The presale token, which can also be staked, comes from the Wall Street Memes brand, which has more than a million fans across all social media platforms.

Just 13 weeks after its launch, the $WSM token presale has already raised more than $28 million with investors rushing to buy tokens before the sale’s conclusion at the end of September. Some of the top names in the meme coin industry have interacted with Wall Street Memes on social media.

Elon Musk, the creator of the Doge meme, responded twice to a Wall Street Memes tweet. Wall Street Memes still has room to expand because it is currently less expensive than when it first launched.

During the first GameStop bull run, regular Reddit users who were retail investors collaborated to drive up the price of the company’s stock in spite of Wall Street short-sellers dumping the token. It was the first time that ordinary investors defeated institutions, but many investors have since tried to duplicate that scenario.

Jim Cramer just fucked the future markets in 1 tweet https://t.co/e4CaOOTmNa pic.twitter.com/v8M6CibnhP

— Wall Street Memes (@wallstmemes) August 30, 2023

Wall Street Memes developed its token in response to the movement’s recent transition to crypto meme coins. There are 2 billion tokens in all, none of which are kept back for the team, almost eliminating the possibility of a rug pull.

Fairness is ensured through distribution during the presale, which accounts for 50% of the total token supply: 30% are used for community benefits, 10% are used for CEX liquidity, and 10% are used for DEX liquidity.

Due to the large number of rounds, the supply is spread throughout a range of prices, which may result in reduced volatility and a more stable price.

Sui (SUI)

Sui is a unique blockchain platform that is designed to make digital asset ownership fast, private, secure, and accessible to everyone. It uses a novel object-centric model and the Move programming language to enable parallel execution, sub-second finality, and rich on-chain assets.

Sui’s horizontally scalable processing and storage capabilities allow it to support a wide range of applications with unrivaled speed and low cost. Sui is a significant advancement in blockchain technology and a platform that can be used to create amazing, user-friendly experiences.

$SUI was launched on May 3 at $0.1 and quickly rose to its all-time high of $1.58 on the same day, gaining 1800%. The current price of SUI is $0.507, with a market capitalization of $366.91 million.

The price has decreased by 1.85% in the last 24 hours. However, the token’s value remains strong, and many experts believe that it has the potential to appreciate in the long term. Based on the current classical pivot point of $0.527, $SUI has support levels of $0.512, $0.501, and $0.486.

The resistance levels are at $0.539, $0.554, and $0.566. Sui is a layer-1 blockchain that is designed to be more scalable and efficient than Ethereum. It also has a number of features that make it well-suited for DeFi applications.

As more developers build on the Sui, the demand for $SUI is likely to increase, which could lead to price appreciation. In addition, Sui has been gaining attention as a potential “Ethereum Killer.” If Sui is able to surpass Ethereum in terms of popularity and adoption, it could see significant price gains.

Launchpad XYZ (LPX)

Launchpad XYZ is another brand-new cryptocurrency project that investors might want to keep an eye on. On the Ethereum blockchain, Launchpad XYZ is a brand-new presale project that intends to become the core across the Web3.

The platform of Launchpad XYZ will offer a variety of tools and services intended to simplify the process of investing in cryptocurrencies and NFTs. In addition, Launchpad XYZ will have a play-to-earn (P2E) game center, a metaverse experience library, and even a first-of-its-kind NFT DEX.

We have now raised over $1.5 million in our $LPX presale! 🔥

A huge thank you to our incredible community for believing in us

Don’t miss your chance to be part of the journey 💥
👉 https://t.co/VP1YsOx6jB#LaunchpadXYZ #Web3 #Altcoins #Presale pic.twitter.com/0ldbrJdIgM

— Launchpad.xyz (@launchpadlpx) August 30, 2023

Users won’t need to visit any other websites in order to get the most out of their Web3-based activities because all these capabilities will be available on a single platform. $LPX, the native utility coin of the project, serves as the foundation of the Launchpad XYZ ecosystem.

Owners of $LPX tokens can even stake them in order to receive special privileges, like as invites to beta P2E games and assured access to NFT whitelists. Investors may now purchase Launchpad XYZ tokens with a 19% bonus through the presale, at a price of $0.0445 and a total amount raised of more over $1.5 million.

Optimism (OP)

Following a strategic agreement with Circle, the blockchain start-up responsible for the token issuance, the Ethereum-based Layer 2 blockchain protocol is prepared to accept USDC stablecoin. As Circle previously stated, the USDC that will be released is native to the Optimism ecosystem and may be regarded as the stablecoin’s official format.

The introduction of USDC on Optimism is a positive development for both Circle and the scaling solution, as both protocols already have a user base and community that will profit from the forthcoming wave of widespread liquidity.

In comparison to the price movement of the $OP native token, the Circle-USDC debut on Optimism is not making as big of an impact. With a market valuation of $310.06 million and a price of $ 1.44 at the time of writing, OP has dropped -3.26% in the previous day.

By September 30, 2023, optimism’s 200-day SMA will reach $1.70. By September 30, 2023, the short-term 50-Day SMA for optimism is anticipated to reach $1.46. The $OP market is in a neutral position as the Relative Strength Index (RSI) value is 47.03, according to this signal.

One of the main beneficiaries from the USDC integration will be the Optimism token because it will increase the number of decentralized application liquidity pools and thus increase demand for the token in the near future.

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