Cryptocurrencies are a good means of investment at all times. They are easy to invest and handle due to their decentralized nature. We have many Bitcoins and several altcoins in the market now. Here, we will talk in detail about the best cryptocurrencies you can buy in September 2024.
Before we move into the details, go through the table below to get a brief overview of our topic of discussion.
Cryptocurrency | Current Price | 24-hour Trading Volume | Market Capitalization |
Bitcoin (BTC) | $58,334.05 | $1,152,368,348,899 | $29,024,318,776 |
Ethereum (ETH) | $2,515.85 | $14,387,730,546 | $303,067,066,965 |
Tether (USDT) | $0.9999 | $48.58B$ | 118.23B |
Binance Coin (BNB) | $518.47 | $1,708,024,543 | $75,663,442,132 |
Solana (SOL) | $131.80 | $2,426,795,498 | $61,509,671,168 |
Litecoin (LTC) | $64.39 | $4,824,919,888 | $251,319,990 |
Dogecoin (DOGE) | $0.09704 | $520.82M | $14.14B |
Cardano (ADA) | $0.332 | $257,624,277 | $11,939,310,472 |
Best Crypto To Buy In September 2024 In Detail
In this section, we will talk about the reasons why the above-mentioned cryptocurrencies are the best buys in September 2024.
1️⃣Bitcoin (BTC)
Bitcoin is the eponymous blockchain network that has been an all-time favorite. Bitcoin is a safe investment as it is secured by the proof-of-work platform. With a huge market capitalization of $29,024,318,776, Bitcoin will never fail its strong community of investors.
2️⃣Ethereum (ETH)
Ethereum is the most prominent altcoin rallying just behind Bitcoin. Its huge price rise from $11 to around $3,409, an increase of 30,893%, during the 8 years from 2016 to 2024 is a testimonial to its success. Ethereum is a successful bet in September 2024.
3️⃣Tether (USDT)
Tether is a profitable buy due to its stablecoin status. Its price is relatively stable compared to other crypto coins. Market volatility will not affect the price of USDT unless there is a huge fluctuation in the price of the US dollar. This is very unlikely to happen.
4️⃣Binance Coin (BNB)
Binance coins are the native currency of the Binance exchange that you can use to purchase and trade various coins from the exchange. It has other use cases too as a cryptocurrency. With a huge market capitalization of $75,663,442,132, BNB is also a suitable purchase for you in September 2024.
5️⃣Solana (SOL)
Solana is a blockchain that provides high throughput with low-cost transactions. The transaction speed of Solana is high compared to other blockchains. If you are enthusiastic about investing in NFTs, Solana is the best platform. Solana uses a combination of the proof-of-history and the proof-of-stake consensus mechanisms to make the transitions energy-efficient, giving way to a greener cryptocurrency space.
6️⃣Litecoin (LTC)
Litecoin is one of the top 20 crypto coins of all time. What makes Litecoin a preferred option is its supply capped to a limited amount of 84 million. The limited supply makes Litecoin inherently resistant to inflation. It is much faster and more scalable than Bitcoin. This cryptocurrency is widely accepted all over the world as a payment method.
7️⃣Dogecoin (DOGE)
Dogecoin is a meme coin and is the right option for investors who want to make use of the fun and utility of the platform. The meme coin is growing in popularity because of its high-speed transaction for a low fee. It uses the proof-of-work algorithm to secure itself from hacking attacks.
8️⃣Cardano (ADA)
Cardano is a cryptocurrency network that is set to hit the heights in the coming period. It has the potential to reach the price level of $1 before the end of 2024. This is an altcoin expected to gain from the current trends of altcoin dominance. Cardano has become a popular option due to its use in the larger DeFi space.
The Bottom Line
Now that you have a brief idea about the best cryptocurrency investments in September 2024, you can go ahead with the investment process. However, as a disclaimer, you should be aware of the market volatility of crypto coins and make investments only after thoroughly considering the various metrics related to each of these coins.