September is often called “Rektember” by crypto investors. However, for smart money investors, it is often the perfect buying opportunity.
For instance, a crypto whale has accumulated over $130 million in Bitcoin over the past 5 days, clearly preparing for a strong uptick in crypto prices.
Indeed, there is a significant likelihood that September could see the start of the golden bull run. The Federal Reserve’s imminent quantitative easing and Donald Trump’s improving odds of winning the White House in November do support this bull thesis.
5 Best Altcoins To Buy In September
However, the next bull run will be led by altcoins. Experts believe that the ETH/BTC trading pair has hit a local bottom and is in the process of locking in a bullish divergence. A breakout above 0.046 could start the “altseason”.
An excellent first day of the week, as $ETH / $BTC crawled upwards.The bullish divergence might still be valid, but we’ll need more additional momentum and a breakout above 0.046 BTC. pic.twitter.com/p1fHUxMI4U
— Michaël van de Poppe (@CryptoMichNL) September 3, 2024
Unsurprisingly, meme coins – in particular, new meme coins – are expected to deliver outsized returns as is typical in a bull market euphoria.
In this article, we list the 5 best altcoins to buy in September.
XRP (XRP)
XRP is our top pick for the best altcoin to buy this month in preparation for the next bull run.
After all, XRP is highly undervalued. It is trading 85% below its all-time high. This means that new buyers can see nearly 7x returns if it only reclaims its current high.
Additionally, Ripple – XRP’s parent company – has key landmark victories against the SEC, including Judge Analisa Torres’s last year ruling that XRP is not a security.
If Trump wins the November elections, the SEC is unlikely to appeal the ruling, considering that the Republican has promised to fire crypto antagonistic Chairman Gary Gensler. Therefore, it wouldn’t be surprising if XRP forms a new high in the event of a Trump victory.
Furthermore, Ripple is also adding Ethereum-compatible smart contracts to the XRP ledger, a move that is expected to drastically improve XRP’s fundamentals.
Pepe (PEPE)
Pepe’s inclusion in a list of top altcoins to invest in shouldn’t be surprising.
It remains an attractive buy not just for meme coin enthusiasts, but also for Ethereum bulls. Indeed, PEPE’s strong correlation with Ethereum has made it an excellent beta play on ETH.
Similar to XRP, Pepe is also undervalued, especially when considering that some experts project it to reach a peak market cap of $50 billion during this bull cycle. It is currently trading nearly 60% below its all-time high, at a market cap of just $3 billion.
However, experts believe that the Pepe coin is on the cusp of a V-shaped reversal. There is a reason why whales have started stacking the meme coin once again.
Someone created a new wallet and withdrew 292.97B $PEPE($2.17M) and 273,267 $WLD($391K) from #Binance in the past 20 minutes.https://t.co/6fN9VpX6TX pic.twitter.com/1vvsjxP4oQ
— Lookonchain (@lookonchain) September 2, 2024
Pepe Unchained (PEPU)
Pepe isn’t the only frog-themed meme coin that experts are bullish on.
A new meme coin – Pepe Unchained (PEPU) – is also in the spotlight after raising nearly $12 million in presale funding.
The developer team behind the project has come up with a bold solution to separate PEPU from other run-of-the-mill tokens. It is the first frog-themed meme coin – including Pepe – which has its own blockchain.
New Ethereum meme coins often struggle with retail investment, due to the high trading costs on the blockchain. However, PEPU’s native Layer-2 chain means that its holders can take advantage of low trading fees and high staking rewards.
It is therefore no surprise that some experts are viewing Pepe Unchained as the next big meme coin that could potentially offer up to 50x returns.
Notcoin (NOT)
Telegram-based meme coins have been one of the finds of this year, with Notcoin as the leader of the space.
Notcoin ushered in the era of tap-to-earn tokens, paving the way for other successful projects such as Hamster Kombat and DOGS.
NOT is currently trading 72% below its all-time high, owing to the weakness in the broader crypto market and the arrest of Telegram founder Pavel Durov. However, experts believe that its current price of $0.008 could be an excellent buying level.
Additionally, analysts highlight that the Notcoin price is on the cusp of a breakout from a descending channel, which could result in a strong bullish momentum.
Quite simply, Notcoins remains one of the best altcoins to buy in September, especially with Binance’s continued support.
Shiba Shootout (SHIBASHOOT)
Low-cap tokens steal the spotlight in a bull market with their meteoric ascent and experts believe that Shiba Shootout could be one such gem.
Despite its low-cap status, SHIBASHOOT has already raised over $1 million in its presale funding. This strong demand isn’t a surprise as well.
For one, Shiba Shootout’s fresh Wild-West theme is turning heads. However, it is nothing compared to the meme coin’s cowboy-themed rewards.
For instance, gamers can play the Shiba Sharpshooter P2E game, showcase their precision and win a major slice of the $2 million rewards.
There is plenty in store for the non-gamers as well. For instance, SHIBASHOOT holders can take advantage of the cactus staking and earn passive income at over 800% APY.
If this isn’t enough, they can take advantage of the Posse Rewards, the Lucky Lasso Lottery and Campfire Story Sessions.
With the plethora of rewards available for investors, it is no surprise that experts are calling it the next 100x crypto. Owing to its low-cap status, Shiba Shootout would only need to reach a market cap of $100 million to offer 100x returns.
Tokens with far less utility reach much higher in a bull market euphoria.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
