The cryptocurrency world, including Bitcoin, is known for its dynamic nature. It rarely waits for anyone and constantly distributes returns to those aware of its intricate work mechanisms.
To ace the cryptocurrency world, an investor must possess keen knowledge and ideas about certain trending coins that may note a stellar price hike soon. Here are the top three trending crypto tokens to watch and stash by the end of August.
Also Read: Bitcoin: $1000 Investment 10 Years Ago – What Is It Worth Now
1. Bitcoin
Bitcoin is the ultimate king of cryptocurrencies. The token is currently experiencing a price meltdown, which can be a blessing in disguise for certain crypto loyalists and enthusiasts.
Bitcoin has been down 1% in the last 24 hours. The token briefly touched the $70K mark before plummeting to the $58K. This can be an excellent opportunity for investors to scoop up BTC and become long-term investors to secure significant returns.
According to CoinCodex, BTC may hit the $82K level by September 17, rising 40%.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 40.01% and reach $82,126 by September 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 28 (fear). Bitcoin recorded 14/30 (47%) green days with 6.75% price volatility over the last 30 days.”
2. Toncoin
Toncoin is a popular cryptocurrency in the crypto world. The token is trading in green, up 3% in the last 24 hours.
It is currently at the $6.71 price level, with forecasts of it hitting $22 by the end of next month. Toncoin can be an exciting new investment for investors looking to accumulate stellar gains by the end of this month.
According to CoinCodex, Toncoin’s price may spike by 227% to reach $22 by September 17.
“According to our current Toncoin price prediction, the price of Toncoin is predicted to rise by 227.74% and reach $22.64 by September 18, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 28 (fear). Toncoin recorded 12/30 (40%) green days with 6.89% price volatility over the last 30 days.”
3. Solana
Solana is once again trending and stirring the current cryptocurrency world. The token has recently surpassed all leading chains in monthly chain NFT royalties. At the same time, SOL has become the centre of meme coin activity.
The chain boasts distinctive meme coins that have lately been attracting heavy momentum. Solana can also be a beneficial choice for investors who want to claim stunning future gains.
Also Read: Ripple (XRP) and Dogecoin (Doge) August Price Predictions
According to CoinCodex, Solana can spike up by mid-September at $164.
“According to our current Solana price prediction, the price of Solana is predicted to rise by 14.65% and reach $164.45 by September 18, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 28 (fear). Solana recorded 13/30 (43%) green days with 10.63% price volatility over the last 30 days.”