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The cryptocurrency market remains in the doldrums, with both the bulls and the bears attempting to wrestle control.
September is typically one of the worst months for Bitcoin, hence the name Rektember. However, it also provides an excellent opportunity for sidelined investors to position themselves for a major crypto prices rally in the following months.
Indeed, experts are confident that the next crypto bull run is on the horizon.
Best Altcoins To Invest In September
Crypto prices have remained extremely choppy over the past weeks, with the Bitcoin price ranging between $54k and $64k.
However, several altcoins have shown impressive resiliency and outperformed BTC in the past 30 days. Once the bull run starts, these crypto assets could deliver outsized returns.
Meanwhile, new meme coins are also in high demand as whales gear up for bull market euphoria. As such, many investors have scored millions in profits with low-cap meme tokens this year, with more such opportunities expected to crop up in the near future.
In this article, we list the 8 best altcoins to invest in for the upcoming crypto bull market.
XRP (XRP)
XRP is our top pick for the best altcoin to buy, particularly among large-cap cryptocurrencies.
XRP has been sidelined for most of this bull cycle and is extremely undervalued, trading 85% below its all-time high. However, the trend is shifting.
The XRP/BTC trading pair is up by over 7% in the past month. Indeed, the XRP price has rallied by 22% in this trading period, as compared to the 10% rally in Bitcoin.
It wouldn’t be surprising if the token continues to steal the spotlight, especially as the odds of a Trump presidency are also increasing.
Pro-crypto candidate Donald Trump has promised to fire SEC chairman Gary Gensler, which would make it extremely unlikely that the Commission will appeal XRP’s non-security status, putting the landmark Ripple vs SEC court case to bed.
This would pave the way for a new XRP all-time high.
Brett (BRETT)
Brett has been one of the top-performing meme coins in this bull cycle and is up by 82% year-to-date. Experts believe that its bullish trajectory will continue in the months to come.
After all, the Brett coin is the top crypto asset on Base, Coinbase’s Layer-2 venture. The activity on Base is skyrocketing, with the total monthly active users recently reaching 14 million monthly.
It is therefore no surprise that experts are extremely bullish on BRETT. Recently, Binance Futures – the largest crypto derivatives exchange in the world – onboarded the meme coin as well.
The Brett coin is now sufficiently undervalued after the broad-based correction in the meme coin space and is trading over 60% below its all-time high, making it one of the best altcoins to invest in.
Pepe Unchained (PEPU)
Pepe Unchained – a new frog-themed meme coin – is in high demand, having already raised over $12 million in presale funding.
Investing in new meme coins is straightforward. Investors can simply track whales and identify the gems they are stacking. For instance, a whale recently invested $27k to buy PEPU in its presale, while another stacked $57k worth of the meme coin.
After all, Pepe Unchained is one of the rare meme coins with its own blockchain, a fact that is turning quite a few heads. Aside from being an excellent market strategy, PEPU holders can enjoy extremely low trading costs as well as high staking rewards.
Owing to its unique value proposition, some popular crypto traders are calling PEPU the next 100x crypto.
DOGS (DOGS)
DOGS is quickly becoming the new meme coin phenomenon and is one of the top trending cryptocurrencies on CoinMarketCap.
The meme coin is inspired by Spotty, a meme dog drawn by Telegram founder Pavel Durov. With Telegram-based coins like Notcoin becoming the new meta, the hype surrounding DOGS isn’t surprising.
The meme coin has also received continued support from Binance. In fact, it is one of the rare tokens to have its initial launch on Binance. Now, Binance Futures has announced that it will list DOGSUSD Perpetual Contract.
The DOGS price has declined by over 30% since its launch, owing to the Binance listing and its airdrop campaign. However, experts believe that a V-shaped bullish reversal is imminent.
In fact, experts are highlighting that DOGS is breaking out of a falling wedge in the hourly chart, which could result in a 40% rally.
Shiba Shootout (SHIBSHOOT)
Shiba Shootout is another new, low-cap meme coin that is creating a strong buzz in its ICO. It has already raised over $1 million in presale funding, a sign of its high upside potential.
The meme coin’s fresh and unique Wild-West theme has already caught the attention of smart money investors, as has its cowboy-themed rewards.
Similar to Notcoin and Hamster Kombat, the meme coin’s play-to-earn game – Shiba Sharpshooter – is in high demand, with over $2 million in rewards up for grabs. The game is already live on Google Play and App Store.
Similarly, Shiba Shootout has its own staking protocol – Cactus Staking – which is currently offering passive income at a reward rate of over 800%.
SHIBASHOOT holders can also take advantage of refer-to-earn Posse Rewards, Lucky Lasso Lottery and Campfire Story Sessions.
With a plethora of monetary perks up for grabs, it is no surprise that some smart money investors are targeting 100x gains with SHIBASHOOT.
MAGA (TRUMP)
Experts are not underestimating PolitiFi coins. In fact, CoinGecko reveals that PolitiFi coins have outperformed meme coins in 2024.
As a result, MAGA (TRUMP) could be one of the best altcoins to invest in, especially with the growing odds of a Trump presidency.
Indeed, Donald Trump is now the favourite to win the White House in November and is leading Vice President Kamala Harris by 16 points, data from Nate Silver’s model reveals.
This would provide the perfect backdrop for the TRUMP crypto to reach a new all-time high. It is also sufficiently undervalued, considering it is trading over 80% below its all-time high.
Mega Dice (DICE)
We round up our list of best altcoins to buy with another low-cap gem, Mega Dice (DICE).
GambleFi coins are making a comeback after being sidelined for most of 2024. For instance, Rollbit Coin is up nearly 50% over the past month, as compared to the 10% rally in Bitcoin.
However, Mega Dice – the top GamebleFi coin on Solana – is now stealing the spotlight. The Mega Dice casino has already established itself as one of the premier crypto-gambling platforms, with over 50,000 players and $50 million in monthly wager volume.
Now, experts are calling DICE the next 10x crypto, considering the plethora of rewards it unlocks for its holders.
Indeed, DICE holders will receive daily payouts, limited edition NFTs, staking rewards as well as preference in the Mega Dice airdrop campaign.
However, the Mega Dice presale is now in its final stage, giving investors an extremely short window to take advantage of its current discount price.
*Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/09/05/8-best-altcoins-to-invest-in-september-xrp-dogs-new-meme-tokens/