5 Ethereum Based Coins To Buy In September

With Bitcoin (BTC) price surging past $60,000, crypto markets have regained momentum. If this BTC rally sustains, these 5 Ethereum coins could soar.

After a dull August, crypto markets have picked up the pace again. If this BTC rally continues, these 5 Ethereum coins could skyrocket thanks to their strong fundamentals, potentially enabling investors to turn $200 into $2,000. While the market experienced significant corrections in August, investors can anticipate a somewhat bullish September, setting the stage for ETH coins to rally.

5 Ethereum-Based Coins to Buy in September At the time of writing, these 5 Ethereum-based coins are displaying buy signals that could lead to an exponential rally in September.

OKB (OKB) Dropping on Exchanges According to Santiment, the total supply of OKB held on centralized exchanges has decreased by 252% since March. This sudden decline in the OKB supply on centralized platforms is bullish for the crypto. A scarcity of tokens on exchanges indicates that investors are optimistic about the altcoin's long-term performance and have no immediate plans to sell their holdings. This bullish outlook suggests that investors can expect OKB, an Ethereum coin, to experience a strong run-up if the crypto market maintains its bullish momentum. Such an opportunity would present investors with the potential to turn $200 into $2,000.

Fetch (FET) Showing Long-term Bottom Formation Based on Santiment data, the MVRV Long/Short Difference for the AI token Fetch hovers around -16%, deep in the negative territory. This indicator is calculated by taking the difference between the 365-day and 30-day MVRV ratios. Extreme negative values are often considered potential reversal zones and the end of the bear market. In light of this, investors can expect Fetch (FET), both an AI and Ethereum coin, to move higher.

Additionally, the Nvidia earnings report on August 28 will also be a key driver for this Ethereum coin to rally.

Floki (FLOKI) Fundamentals Improving The recent uptick in crypto markets has seen this Ethereum-based meme coin Floki (FLOKI) price increase. On-chain data reveals that the network growth for FLOKI has spiked, indicating that new addresses (capital) are joining the meme coin network. This outlook is further supported by an increase in the daily active addresses, highlighting a bullish future for this crypto.

This optimistic outlook could propel Floki price to soar higher, potentially enabling investors to turn $200 into $2,000.

Lido DAO (LDO) Could be Community Favorite Again During the 2021 and 2022 crypto market bull run, Lido DAO (LDO) was a favorite among many investors due to its volatility and utility. As a result, LDO market value increased by 900% between mid-2022 and early 2024. According to onc-chain data, whales have been accumulating LDO in the past few weeks.

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