The month of August was fruitful for the market from cryptocurrencies with the appreciation of Bitcoin, Cardano, Ethereum, Binance Coin and Solarium, who promoted the capitalization of the sector above 2 trillion dollars.
With the arrival of September, investors from all over the world are looking to buy at virtual currencies with greater potential, in order to generate greater Profits. These are the five cryptocurrencies with the best projections for next month, according to the portal CoinTelegraph.
Three firms Swiss have chosen to adopt this currency due to its malleability, since it allows updates without interrupting or dividing the network. In this sense, analysts speculate that Business will try to partner to work specifically with agencies and financial institutions to adopt the same cryptocurrency.
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Is about Crypto Finance Group, InCore Bank and Inact. In Latin America, Brazilian banking BTG already emits his’token‘or Reitz by means of the blockchain by Tezos. This could estimate growth if more companies join the aforementioned.
Austin arnold, presenter of Altcoin Daily, talks about another currency with upside potential: VET by VeChain. As mentioned, the blockchain has committed a million dollars to finance the development of its own market for non-fungible tokens.
As a key player in the real world of business, companies will be the main driving force behind the mass adoption of NFT technologies. As such, the best way to facilitate this adoption is by developing an ecosystem through the VeChain platform, “he says.
Ethereum (ETH) and Cardano (ADA)
Other more well-known and consolidated currencies on the market will continue to grow in September. Such is the case of ether, as six companies in the ecosystem and decentralized finance protocols (DeFi) such as Uniswap, The Graph, Compound, Lido and Synthetix, have individually donated $ 250 million to support the next update of Ethereum.
This is showing us that key players in the crypto ecosystem are donating money and resources to support the success of ETH. It will definitely have positive results, ”says Austin Arnold.
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For his part, Cardano will increase thanks to the official announcement of Japan, which reveals that the virtual currency will quote immediately after the asset passes regulatory controls.
The underlying technology of the platform indicates that it does not depend on ‘super’ computers to process transactions and generate new ADA units, but instead values the percentage of coins a miner owns rather than the processing power it has.
Charles Hoskinson, founder of Cardano, estimated that his network used less energy than 0.01% of the bitcoin network, which could multiply by more than four million the energy efficiency of a proof-of-work system like that of the current leaders of the ‘ cyberworld ‘(bitcoin and etherum).
The quote of the bitcoin exceeded $ 50,000 on August 23, a maximum that had not been reached since May and that according to analysts, will continue to increase during the next months of 2021. With this, the value of the virtual currency has had a ascent 81% relative to its annual low of $ 27,700 calculated in January.
The estimates positive of the experts with respect to bitcoin they derive from higher expenses in encouragement in USA, besides that little by little, there are more firms from financial services outstanding who join the active, according to a report by Reuters.
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