7 Hot Cryptos To Buy In September

Last Updated September 2nd 2022

6 Min Read

The blockchain industry and cryptocurrencies have ballooned consistently over the past few years. Unfortunately, the cryptocurrency market is experiencing a downturn currently, and there has been a dip in the price of several tokens. But crises have always opened doors of opportunities to secure good returns, especially for long-term investors.

So here are the 7 hot cryptos to buy in September, according to experts.

Bitcoin

Bitcoin, the oldest and the largest cryptocurrency, is now a household name. The coin's success has paved the way for the emergence of thousands of other digital assets. The leading digital asset has the highest liquidity value compared to any other cryptocurrency in the market.

It is a decentralized digital coin with no restrictions. It is widely accepted across the globe, and the increase in popularity of this coin has led institutions to pour millions of dollars into it.

The benefits of BTC are encouraging people to invest in these digital currencies. As its demand increases, so does the price. The cryptos future is bright as more and more people are willing to invest in it. Now that it is experiencing somewhat of a downturn - valued at $20,097 - experts say BTC is one of the 7 hot cryptos to buy in September.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ethereum

Ethereum is a decentralized, open-source technology with several uses and applications across the tech world, especially for gaming, music, entertainment, and decentralized finance (DeFi). Along with its native token Ether (ETH), the network hosts everything from decentralized finance applications (DeFi) and non-fungible tokens (NFTs) to enterprise blockchain solutions.

This makes Ethereum one of the most popular and widely-adopted cryptocurrencies. Moreover, ETH has grown immensely in value since its inception. Once it fully upgrades to the Proof-of-Stake consensus, the demand and value for this crypto will skyrocket further. Buying ETH in September 2022 is an excellent way to become a part of this growing ecosystem.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polygon

The Polygon (MATIC) is one of the 7 hot cryptos to buy in September for more than one reason. As one of the fastest and most widely used Ethereum scaling protocols, Polygon is projected to continue doing well in the market. But there is more to the network that is projected to keep skyrocketing prices, and one of them is the fast-growing ecosystem.

The Polygon ecosystem consists of many products, including the Polygon Studio, Polygon DAO, and thousands of dApps. In addition, hundreds of projects will join the network in 2022. Therefore, MATIC is one of the hottest cryptocurrencies to buy in September.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano

Cardano (ADA) is an Ouroboros proof-of-stake cryptocurrency created with a research-based approach by engineers, mathematicians, and cryptography experts. The project was co-founded by Charles Hoskinson, one of the five initial founding members of Ethereum.

The team created its blockchain through extensive experimentation and peer-reviewed research. Cardano aims to be the world’s financial operating system by establishing DeFi products similar to Ethereum and providing solutions for chain interoperability, voter fraud, and legal contract tracing, among other things. Therefore, it is one of the largest cryptos, and one ADA trades for around $0.45.

While Cardano (ADA) is nowhere near the heights of Ethereum, it has already made a name for itself and is among the 7 hot cryptos to buy in September, according to crypto experts.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polkadot

Polkadot (DOT) is a unique PoS cryptocurrency that enables interoperability among other blockchains. Its protocol connects permissioned and permissionless blockchains and oracles to allow systems to work together under one roof. The protocol’s core component is its relay chain, which enables the interoperability of varying networks.

Polkadot differs from Ethereum in that rather than creating just dApps on Polkadot, developers can create their own blockchain while also using the security that Polkadot’s chain already has. With Ethereum, developers can create new blockchains but need to create their own security measures, which can leave new and smaller projects open to attack because the larger a blockchain, the more security it has. This concept in Polkadot is known as shared security.

Features like this make DOT unique and full of potential to soar in 2022.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Solana

Founded in 2017, Solana is a blockchain platform designed to support decentralized applications (dApps). Also referred to as an 'Ethereum killer,' Solana performs many more transactions per second than Ethereum. Additionally, it charges lower transaction fees than Ethereum.

Solana utilizes smart contracts essential for running cutting-edge applications, including decentralized finance (DeFi) and non-fungible tokens (NFTs).

Ethereum uses a proof of work (PoW) blockchain, meaning miners compete to solve complex puzzles to validate transactions, making this technology more energy-intensive. In contrast, Solana uses proof of stake (PoS), which is said to be less harmful than PoW.

The cryptocurrency running on this blockchain is called SOL, which has grown significantly in price since its inception. Therefore, SOL is one of the top cryptos now, and experts predict a bull rally soon, making it one of the 7 hot cryptos to buy in September.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Decentraland

Built on the Ethereum network, Decentraland is powered by its native token MANA. As the official token of the Decentraland game, investors look to the value of MANA as representative of the value created on this network. Those looking for exposure to long-term growth in blockchain-powered games in the metaverse will like how this token is positioned.

There is a reason metaverse-themed cryptocurrencies such as Decentraland are taking off. Interest in what the future of the metaverse holds is currently sky-high. Indeed, there is no doubt that MANA is one of the best altcoins for investors to put their money into in the long run.