The most profitable and unprofitable cryptocurrencies of September – analysis

CONTENT

  • Investors who chose the right cryptocurrencies were able to make money in September

  • Interest in DeFi has helped a number of coins maintain a positive trend

  • September reveals leaders and outsiders among the most capitalized cryptocurrencies

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4 months have passed since the halving of bitcoin (BTC). Many members of the crypto community believe that during this period the coin could realize the growth that was laid in it by the decrease in the mining reward. Despite this, after a small positive movement in August, the cryptocurrency dropped again to the level of 10 thousand. 

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The editors of BeInCrypto decided to find out which digital assets, against the background of the negative dynamics of bitcoin, brought their investors income, and which caused large losses.

For the analysis, it was decided to take 15 coins – capitalization leaders. Some cryptocurrencies periodically enter the top ten and then leave it. Only the top 3 remains unchanged over a long period of time.

* The data source in the table is the CoinMarketCap resource.

The most profitable and unprofitable cryptocurrencies of September - analysis
Capitalization rating number Cryptocurrency Price September 1 Current value Growth since September 1 Local maximum Changes since the local maximum was reached
one Bitcoin $ 11,687 $ 10,295 -eleven% $ 12,314 (Aug 18) -16%
2 Ethereum $ 468 $ 365 -22% $ 478 (September 2) -23%
four XRP $ 0.288588 $ 0.243815 -15% $ 0.321246 (Aug 18) -24%
five Chainlink $ 16.04 $ 12.68 -20% $ 19.56 (Aug 19) -35%
6 Bitcoin Cash $ 281 $ 226 -19% $ 333 (Aug 2) -32%
7 * Polkadot $ 6.54 $ 4.64 -29% $ 6.54 (September 1) -29%
8 Binance Coin $ 23.34 $ 24.95 +6% $ 25.32 (September 2) -one%
9 Litecoin $ 62.34 $ 48.46 -22% $ 67.89 (Aug 18) -28%
ten Bitcoin SV $ 198 $ 168 -15% $ 248 (Aug 2) -32%
eleven Crypto.com Coin $ 0.181022 $ 0.150939 -16% $ 0.181833 (September 2) -16%
12 EOS $ 3.19 $ 2.76 -thirteen% $ 3.88 (Aug 17) -28%
thirteen Cardano $ 0.124107 $ 0.095813 -22% $ 0.151451 (Aug 9) -36%
14 TRON  $ 0.029514 $ 0.033295 +12% $ 0.047977 (September 4th) -thirty%
15 Tezos $ 3.30 $ 2.57 -22% $ 4.42 (Aug 12) -25%

* Token As the use of cryptocurrencies grows, new types of tokens are emerging. They can represent value or something intangible like voices. Two … More Polkadot is a newcomer to the top 10 capitalization rating. The cryptocurrency entered the top ten amid denomination. More information in our material.

From September 1 to 10, only two cryptocurrencies maintained a positive trend: Binance Coin (+ 6%) and TRON (+ 12%). Assets have realized growth amid attempts to enter the DeFi marketDecentralized finance (DeFi) is a financial services built on blockchain technology that offer users access to an open, efficient and … More. So, in early September, the Binance team announced the launch of a new service through which representatives of the crypto community can mine liquidity. TRON founder, in turn, launches a DeFi coin named after himself.

Read also: Startups haven’t forgiven Ethereum for DeFi success

The maximum losses since September 1 were suffered by Polkadot (-29%), Ethereum (-22%), Litecoin (-22%), Cardano (-22%) and Tezos (-22%).

Most cryptocurrencies hit local highs in August. Of these, 5 – in the period from 17 to 19 of the month. For 5 digital assets from the list, the local maximum was recorded in September. The worst price cuts were recorded by Cardano (-36%) and Chainlink (-35%). Minimum losses incurred by Binance Coin (-1%).

We will remind, earlier in the network conducted a survey that showed what traders are doing while bitcoin is at the bottom.

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The most profitable and unprofitable cryptocurrencies of September - analysis
The most profitable and unprofitable cryptocurrencies of September - analysis
The most profitable and unprofitable cryptocurrencies of September - analysis

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