If Bitcoin maintains its upward trend above $60,000, investors can expect these four Ethereum coins to explode in value, moving from $200 to $2,000.
The cryptocurrency market has regained momentum as Bitcoin (BTC) has seen a strong surge in bullish momentum and recently retested the $60,000 mark. The continued uptrend of the pioneer cryptocurrency could catalyze the rise of these 4 fundamentally strong Ethereum coins, allowing investors to turn $200 into $2,000. As August comes to an end, investors can expect volatility and a possible bullish trend to begin in the first half of September, allowing ETH coins to rise.
5 Ethereum Tokens to Buy in September
Despite Bitcoin price surpassing $60,000 and Ethereum’s strong fundamentals, the market value of Ether is not keeping pace with the development. While the Ether price is not moving, the ETH coin is rising. Therefore, investors must watch out for buy signals from these 5 Ethereum-based coins that could spark an exponential rise from $200 to $2,000 in September.
United Nations
Get (FET)
FLOKI
Lido DAO (LDO)
Exchange OKB (OKB) plummets
According to data from Santiment, the total supply of OKB held on centralized exchanges has fallen by 252% since March. The sudden drop in the supply of OKB on centralized platforms is considered bullish for the cryptocurrency. The lack of tokens on exchanges suggests that investors are confident in the long-term performance of altcoins and do not plan to sell their holdings anytime soon. This bullish outlook is why investors can expect OKB, an Ethereum token, to trigger a massive rally if the cryptocurrency market maintains a bullish outlook. Such an opportunity would allow investors to turn $200 into $2,000.
OKB supply on exchanges
Take (FET) signal indicates long-term bottom formation
According to data from Santiment, the MVRV long-short difference of AI token Fetch is hovering around -16%, which is in negative territory. The indicator is derived by calculating the difference between the 365-day and 30-day MVRV ratios. Extremely negative values are often considered potential reversal areas and the end of a bear market. With this in mind, investors can expect Fetch (FET), which is both an AI token and an Ethereum token, to move higher.
Additionally, Nvidia’s earnings report on August 28 will also be a key factor driving Ethereum’s price higher.
FET MVRV Long/Short Difference
Floki (FLOKI) Fundamentals Improvement
The recent rise in the cryptocurrency market has led to a price increase for Ethereum-based meme coin Floki (FLOKI). On-chain data shows a spike in FLOKI’s network growth, indicating that new addresses (i.e. capital) are joining the meme coin network. The increase in daily active addresses adds credibility to this outlook, indicating a promising future for this cryptocurrency.
This optimistic outlook could send Floki’s price soaring, giving investors a shot in the range of $200 to $2,000.
FLOKI Network Growth, Daily Active Addresses
Lido DAO (LDO) May Become a Community Favorite Again
During the crypto market bull run in 2021 and 2022, Lido DAO (LDO) was favored by many investors due to its volatility and utility. As a result, LDO’s market value increased by 900% between mid-2022 and early 2024. According to on-chain data, whales have been valuing LDO over the past few weeks.
Whales holding between 10,000 and 100,000 and 100,000 and 1,000,000 LDO tokens have been accumulating since July 29. The first group of whales added 2 million LDO, while the second group added 10 million. This trend shows how bullish these whales are and what their expectations are for the price of LDO.
LDO supply distribution
There may be volatility and short-term corrections in late August, but sideline buyers are likely to step in and maintain a continued bullish outlook. Investors can speculate in these 5 Ethereum tokens and turn $200 into $2,000.
#美联储何时降息？ #新币挖矿DOGS #BTC☀ #ETH🔥🔥🔥🔥
