The cryptocurrency industry is filled with thousands of different options, and choosing the best crypto assets to purchase can be understandably overwhelming. Are you looking for the best cryptocurrencies that will yield good returns in September? Here are the best crypto assets in September based on the value they’re currently circulating or their market capitalization.
The Best Cryptocurrencies to Buy in September 2024
If you are looking for the best cryptocurrencies to buy in 2024, below are some of them:
1. Bitcoin (BTC)
The largest cryptocurrency by market capitalization ($1.25 trillion), Bitcoin runs on a ledger blockchain network or ledger logging transactions across a network of thousands of computers. It also supports a cryptographic puzzle called proof of work that new additions to the distributed ledgers must pass for maximum security and safety from fraudsters.
Bitcoin's entire 15 years of existence have seen its price skyrocket as the asset became a household name. For instance, Bitcoin sold for about $500 in May 2016 but now goes for $57,056 as of September 10, 2024. BTC has a remarkable year-to-date (YTD) value of 142.52%.
2. Ethereum (ETH)
The second-largest cryptocurrency by market capitalization ($323.42 billion) and blockchain platform, Ethereum is a top choice for web3 devs due to its potential applications like so-called smart contracts that automatically execute under the right conditions. The asset has also witnessed remarkable growth, increasing by 30,893% from about $11 to around $3409 between April 2016 and July 2024. As of September 10, 2024, ETH sells for $2,347.11 with a remarkable YTD of 63.00%.
3. Tether (USDT)
Unlike other crypto forms, Tether (USDT) is a stablecoin that enjoys the backing of fiat currencies like the US dollar and the EURO. In theory, USDT's value ought to be more consistent than other digital assets since it hypothetically retains a value equivalent to one of those denominations. Consider purchasing Tether if you're wary of the high volatility of different coins. USDT (market cap, $118.05 billion) sells at $1.00 as of September 9, 2024, with a YTD of 0.06%.
4. Binance Coin (BNB)
Binance Coin (BNB) allows crypto owners to trade and pay fees on Binance, one of the world's largest crypto exchanges. Since launching in 2017, Binance Coin has moved beyond merely facilitating Binance-based exchanges to helping with booking travel arrangements, processing payments, and crypto trading.
Binance, with a market cap of $81.11 billion, has a YTD of 157.00%. The token's price has also experienced a tremendous boost since launching in 2017 at $0.10. As of September 10, 2024, BNB sells at $520.46.
5. Solana (SOL)
Solana's devs launched it to power decentralized finance (DeFi) platforms like decentralized apps (DApps) and smart contracts. It operates on a unique hybrid proof-of-stake and proof-of-history mechanisms for processing quick and secure transactions. The platform's native token, SOL (market cap, $73.94 billion) rounds up our list of best cryptocurrencies to buy in September 2024 with a remarkable YTD of 682.23%. Solana trades at $135.04 as of September 10, 2024.
Final Remarks
Any of these cryptocurrencies can make a reasonable investment for crypto enthusiasts looking to buy a virtual currency in September. Of course, several other cryptocurrencies will yield good returns in September, but the above five combine reliability and profitability in unique ways.