Despite the decline in the prices of many cryptocurrencies, the developers of some of them continued to develop projects and made statements that encouraged their investors. This article will shed some light on the most talked about coins of September and why investors and crypto enthusiasts are creating such a buzz around them.
Having demonstrated excellent performance at the beginning of the year, Ripple has become a direct competitor to many of the best coins on the market. Some have even started calling XRP the next Bitcoin. The situation has changed a bit since the coin's value began to fall this year. Despite this, in September, the XRP currency managed to gain 50% in just 24 hours, exceeding $0.50 for the first time in 4 months.
This price jump is mainly due to the launch of a new product called xRapid. Thanks to this development, banks will be able to speed up transactions using XRP. These developments have turned the minor cryptocurrency into one of the hottest investments in the digital asset market.
In September, Tron became the main topic of many discussions, especially among representatives of the entertainment industry. After the coin lost 59% of its value in the first 90 days of trading, few predicted a bright future for it.
In September, Tron officials announced several ongoing developments, including the world's first game based on the Tron blockchain. This statement caused a lot of noise, many in the entertainment industry began to monitor Tron's activities and the release of their projects much more closely.
The second largest coin after Bitcoin, Ethereum is one of the most popular cryptocurrencies on the market. However, at the moment, the subject of conversation among many experts is the weakening of the position of this cryptocurrency. This year, the digital asset has faced network problems, in addition to this, many of the ICOs that were held on the Ethereum blockchain are starting to sell their ETH holdings to support their own business projects. More and more people are starting to put not Ethereum, but Ripple in second place among cryptocurrencies.
After the launch of the StellarX exchange, many experts began to claim that by the end of this year, Stellar will reach the $1.
Stellar (XLM) is the native token of the StelarX exchange, and this is expected to play a major role in increasing trading volumes, which will push the price of the asset to $1.. Banks are also becoming interested in this coin due to its extensive international transfer capabilities, which in turn will encourage the adoption of cryptocurrencies.
According to https://zycrypto.com
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