This Article Gathers 7Cryptocurrencies that have shown strong

This Article Gathers 7Cryptocurrencies that have shown strong Performance in the Crypto Market
Due to the rise in popularity of digital assets, people are being encouraged to invest in cryptocurrencies. However, due to its volatility, cryptocurrency must be meticulously investigated. In light of this, to help navigate this volatile crypto market for crypto investors a detailed research is carried to determine the best cryptocurrencies to invest in September 2023. The cryptocurrencies featured in this article were chosen based on their performance during the previous 60 days.

1. XRP
Current price- US$0.5183

On August 20, 2023, Ripple announced a cooperation with MoneyGram, a significant money transfer business. Through this partnership, MoneyGram will be able to employ Ripple’s technology to improve the speed and cost of international payments. After the SEC ruling’s initial rise, the price of XRP has stabilized. Nevertheless, it is still trading above $0.50, which is a good indicator.

2. Solana
Current Price- US$20.28

Solana and Chainlink announced their collaboration in February 2023 in order to introduce decentralised oracles to the network. As a result, Solana applications will be able to access real-world data in a trustworthy and secure manner. A DeFi derivatives platform called Solend was introduced by Solana in March 2023. Users can trade derivatives based on Solana, like futures and options, using Solend.

3. Tron
Current Price- US$0.07635

The TRON Foundation revealed in July 2023 that it had raised US$600 million in a fundraising round that was spearheaded by Alameda Research. The money will be used to assist the expansion of the Tron ecosystem, including the creation of new initiatives and institutional and commercial adoption of Tron. Tron crypto connected with the Ethereum Virtual Machine (EVM) in August 2023.

4. Toncoin
Current Price- US$1.50

Toncoin introduced an NFT marketplace in March 2023. Users are able to trade, buy, and sell NFTs on the market. Toncoin’s price rose sharply in April 2023, peaking at US$2.90. This resulted from the mainnet’s introduction and the collaboration with Bitfinex.

5. Shiba Inu
Current price- US$0.000008122

Shiba Inu introduced Shibarium, a layer-2 blockchain, in August 2023. Shibarium is intended to lower fuel expenses and increase the Shiba Inu network’s scalability. Shiba Inu also has plan to launch Shiberse, its own metaverse. Users can connect with the Shiba Inu ecosystem and one another in the virtual environment Shiberse.

6. Stellar
Current price- US$0.1184

To enable cross-border payments utilizing the Stellar network, MoneyGram, a significant money transfer business, and Stellar accompanied in March 2023. Cost of stellar lumens increases. The cost of XLM, the Stellar network’s native coin, has increased recently after reaching an all-time low of US$0.03 in July 2022.

7. Chainlink
Current price- US$5.91

Chainlink Keepers, a service that enables users to automate actions on the blockchain, was introduced in March 2023 by Chainlink. After the initial increase following the release of Chainlink Keepers, the price of LINK has stabilized. Nevertheless, it is still trading above $5, which is a good indicator.