September is historically the worst month for crypto. Market players have experienced only two green crypto Septembers since 2013. However, performing well in September There are also cryptocurrencies. Crypto expert Camille Lemmens, takes a closer look at 3 altcoin projects that are making strong bull runs this September.
First ranked altcoin: Wemix (WEMIX)
Wemix last weekIt ranked highest among the three altcoins. The platform is at version 3.0. It offers a mega ecosystem in blockchain gaming. It is possible to find 13 independent Wemix platforms in this ecosystem. Some of these are:
- Wemix Play: A gaming and GameFi platform that currently offers 69 games.
- Nile: Here you can find a DAO, Life DApp, NFT projects and a marketplace.
- Papyrus: A communication platform.
- Wemix Wallet: A mobile-only crypto wallet.
- Explorer: A Blockchain explorer for the Wemix ecosystem.
- Ecofund: This app distributes rewards and more to apps and users.
Melting Earth NFT Pre-Sale is Opening Soon!
As the #WEMIX PLAY’s NFT service opens, the pre-sale of Melting Earth NFT will begin!
[Details]
📆Period: Sep. 22nd, 2023 ~ Further Notice
💵Price: By auction
🛍️Quantity: 500 NFTs (5 classes)Check out why you should get one of… pic.twitter.com/GtmeLASI91
— WEMIX (@WemixNetwork) September 22, 2023
It has 4,000 TPS (transactions per second) and produces one block per second. Each block also contains 1 WEMIX token. As a result, there is an unlimited maximum supply of WEMIX tokens. Total supply is 974 million. However, only 317 million of them are in circulation. The current price of WEMIX is $1.04. The altcoin is up less than 114.9% in the last 7 days. The total market value of the token is $323 million. Many investors expect a Blockchain gaming boom in the next bull run. It seems like Wemix is making sure it’s in the right position when this happens.
Curve DAO (CRV) comes in second place
Curve DAO ranks second among the top 3 altcoins in this third week of September. A well-known DEX in the DeFi space. To be more precise, an AMM with liquidity pools. It trades stablecoins. However, it does this with low fees and low Permanent Loss margins. According to DeFiLlama, it ranks 8th overall among all protocols in TVL. You can find Curve on 13 Blockchains. For example, on Ethereum, Arbitrum, Polygon, Optimism or Base. Meanwhile, its TVL is at $2.119 billion.
🦙 The $CRV silo on Silo Llama continues to grow and has just reached an ATH TVL of $60m
This means:
– Deep liquidity for $crvUSD
– Excellent $CRV incentivesAll packaged together with our trademark risk-isolated design! 😏
Try here: https://t.co/jqkpdQFhCb#SiloTheRisk pic.twitter.com/EykwV6EBFg
— Silo Labs (@SiloFinance) September 25, 2023
cryptokoin.comAs you follow from , Curve suffered a $70 million attack in July. Despite this, the CRV token is doing well. However, last month Binance Labs decided to invest $5 million in the CRV token. So, this token is their native token. It serves as a utility token and governance token. On the other hand, liquidity providers also receive this as a reward.
Whales are currently purchasing CRV tokens. This led to a 19.3% increase in the token last week. The current CRV price is $0.5065. Its market value is $447 million. Maximum supply is 3.3 billion CRV tokens. Additionally, the total supply for the altcoin is 2 billion tokens. However, 881 million tokens are currently in circulation.
Very important vote. Not yet stableswap-ng (which is in audits), but a quick update (vyper version mostly) for battle-tested stableswap implementations with rebased and rate-oraclized tokens. Biggest change is upgrading the Vyper versionhttps://t.co/BooAFTw7fI
— Curve Finance (@CurveFinance) September 19, 2023
Last secret altcoin: Radix (XRD)
Radix describes itself as radically different from DeFi. This includes a Full Stack. In contrast, it integrates these examples:
- A wallet for a better user experience.
- Programming language for a better developer experience with Scrypto.
- Execution environment for a better developer experience with Radix Engine.
- And a consensus algorithm with Cerberus. Will use sharding for consensus. Sharding is like supermarket cashiers. When only one cashier is active, there is a queue. However, when the supermarket opens more cashiers, the queue will disappear. This will increase the scalability of Radix.
Excited about the Babylon mainnet upgrade?
Check out this comprehensive FAQ to guide you through the transition from Olympia to Babylon 👇https://t.co/ekqTyPYm6C
— Radix – Radically Different DeFi (@radixdlt) September 22, 2023
In August, Radix rolled out the Olympia public network update. However, the launch of the Babylon mainnet is imminent. This led to a healthy price development for the XRD token last week. It now ranks third among last week’s altcoin projects. However, for a long time he was in second place. The current XRD price is $0.058949. Altcoin market cap is $605 million. The maximum supply of XRD tokens is 24 billion. There are currently 10.2 billion tokens in circulation while the total supply is 12.6 billion XRD. Over the last seven days, XRD has increased by 17.8%.
Currently, there is no way to know for sure if you’re approving a safe or malicious transaction.
With the Radix Transaction Review, you’ll be able to preview exactly what happens when you hit ‘Approve.’
Meaning, no more blind signing and hoping for the best 🙌 pic.twitter.com/G1JFeqa5dY
— Radix – Radically Different DeFi (@radixdlt) September 21, 2023
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