Coins by Cryptorank
Insights and analysisEditorial office

Top 10 Growing Cryptocurrencies in September 2022

Tanja Nechet

News editor

Sep 1, 2022 at 08:06

The crypto winter continues, although there are thaws in places. The real winter is coming. September is already here. We have compiled a list of cryptocurrencies that have grown the most over the past 30 days and have the prospect of further growth this fall. During August, it was these 10 that were the leaders and rose 6% to 54%, according to CoinMarketCap.

However, it is worth remembering that even this relatively stable growth during the month does not ensure further positive dynamics. This means that our rating is presented for introductory purposes and does not guarantee 100% further growth of these cryptocurrencies.

Nexo (NEXO)

In first place, we have the Nexo project, whose token NEXO has rapidly increased in value by 54.31% for the last 30 days. The price of NEXO as of September 1 is $1.08 with a 24-hour trading volume of $50,421,614. The current CoinMarketCap rating is #68, with a real market cap of $585,921,809. The circulating supply is 560,000,011 NEXO coins, and the maximum supply is 1,000,000,000 NEXO coins.

Nexo is a blockchain credit platform that provides loans backed by cryptocurrency. The project was launched in April 2018 and the service currently has more than 5 million registered users.

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

Users deposit popular tokens as collateral (e.g., BTC, ETH, or XRP) and receive a loan in the form of fiat or stablecoinThis is the common name for cryptocurrencies, whose exchange rates try to stabilize by pegging quotes to conventional currencies or exchange-traded commodities — gold, oil, etc. for them.

The platform’s token, NEXO, provides users with several benefits: discounts on interest accrued on loans and the ability to receive interest payments on deposited funds. Token holders receive dividends from Nexo’s profits.

Chiliz (CHZ)

At the time of writing, the price of Chiliz is $0.2083, with a 50.48% growth over the last 30 days. Current rating on CoinMarketCap: #41 with a real market cap of $1,264,965,580 USD. The circulating supply is 6,000,386,953 CHZ coins, and the maximum supply is 8,888,888,888 CHZ coins.

CHZ is a digital currency for sports and entertainment from the FinTech provider of the same name from Malta. It operates Socios, a blockchain-based sports entertainment platform with fan tokens. Their holders can interact with their favorite teams and players. If you’re interested, you can learn more about NFT sports at this link.

The CHZ token is used to buy fan tokens and acts as the platform’s internal currency. Through smart contracts, fans can vote on the Socios platform with their fan tokens.

Fans’ influence on their favorite teams can range from designing new jerseys to determining team lineups in exhibition games.

Balancer (BAL)

Balancer’s current price is $7.48, with a 26.05% growth in value over the last 30 days. The company’s position on CoinMarketCap is #96, with a total market cap of $337,152,853. There are 43,527,676 BAL coins in circulation, and the maximum supply is 96,150,704 BAL.

The Balancer is an automated market maker AMM — a decentralized exchange that relies on liquidity pools and liquidity providers rather than buyers and sellers. developed on Ethereum and launched in March 2020. The Balancer protocol is a self-balancing weighted portfolio, price gauge, and liquidity provider.

Balancer is similar to Uniswap and allows you to create pools of tokens. But this AMM is unique because you can add more than one token, and you don’t need ETH.

EOS (EOS)

The value of the cryptocurrency EOS reached $1.47 on September 1 — up 25.59% in the last 30 days. The company’s rating on CoinMarketCap is #36, with a market cap of $1,436,871,259. There are 999,440,851 EOS coins in circulation. It is unknown what the maximum is.

EOS is an open-source blockchain platform based on the EOS virtual machine. It offers virtually commission-free transactions. And the digital currency itself is considered the most scalable and programmable on the market today. Due to the decentralized nature of token distribution in EOS, the rights are distributed equally among all participants in the network.

UNUS SED LEO (LEO)

UNUS SED LEO is priced today at $5.73 (up 14.49% over August). There are 953,954,130 LEO coins in circulation, with a maximum supply not available.

UNUS SED LEO is a useful token used throughout the iFinex ecosystem. The unusual name is based on a Latin quote from Aesop’s fables.

The cryptocurrency allows Bitfinex users to save on trading fees. UNUS SED LEO coins are constantly being burned. It means that iFinex commits to redeem UNUS SED LEO from the market every month. This increases their value. The redemption will continue until the company has 100% of the tokens.

Ankr (ANKR)

As of September 1, ANKR is valued at $0.03, up 13.01% over the past month. The position in CoinMarketCap is #100, with a real market cap of $327,273,380. Coin volume in circulation is 9,662,899,378 and the maximum supply is 10,000,000,000 ANKR.

Ankr is a decentralized blockchain infrastructure provider that operates a distributed node network in over 50 Proof-of-Stake networks worldwide. 

Ankr’s services include:

  • End-to-end solutions for blockchain developers.
  • Stacking and other revenue opportunities for crypto investors.
  • Blockchain training and development tools.

The ANKR token is used for transactions and payments for various Ankr services and platform management. ANKR is an ERC-20, BEP-2 and BEP-20 token. It is available on Polygon, Avalanche, and Fantom networks.

eCash (XEC)

For one eCash, they are asking $0.000047 (the price went up 12.39% in the last 30 days. And the spot on CoinMarketCap is #52, with a total market cap of $876,895,175. There are 19,158,810,923,303 XEC coins in circulation (maximum possible 21,000,000,000).

ECash (XEC) is a renamed Bitcoin Cash ABC (BCHA), which itself is a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It is an electronic currency to pay for goods and services. The base units of eCash have been renamed “bits,” and now, instead of 0.00001000 BTC, you can send the more understandable 10 bits of eCash.

The cryptocurrency developers increased the number of transactions from 100 to more than 5 million per second, reduced transaction completion time, and introduced form-free updates.

The goal of eCash (XEC) is to maintain compatibility with Ethereum Virtual Machine (EVM) and to be compatible with decentralized finance (DeFi) on Ethereum (ETH).

Flow (FLOW)

The value of the FLOW coin is estimated at $2.01. In the last month, the value increased by 8.99%. In the CoinMarketCap ranking, the token is ranked #30 with a total market cap of $2,088,878,629. The supply volume is 1,036,200,000 FLOW coins (how much maximum is unknown).

Flow is a decentralized developer blockchain that is suitable for game creation. Behind the development is the same team that previously gave the world quite successful projects CryptoKitties, Dapper Wallet, and NBA Top Shot.

The FLOW token is an internal currency of the network, necessary for its functioning and all applications based on it. FLOW is designed as a payment method and a long-term reserve asset. The entire Flow economy is built on this currency. Tokens are needed by validators, developers, and users of the FLOW network. Owners not only receive nice bonuses but also use tokens to pay for services and participate in the future management of the protocol.

Huobi Token (HT)

The cryptocurrency exchange company Huobi token reached a price of $4.66 on September 1, representing a 6.65% increase over the last 30 days. Huobi Token ranks 58th on CoinMarketCap with a total market cap of $714,195,667. There are 153,357,694 HT coins in circulation (500,000,000 in total).

HT is a proprietary token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the Ethereum blockchain and compatible with ERC-20. The token allows owners to enjoy reduced commissions for trading on the exchange, purchase monthly VIP status plans, vote when making decisions on the exchange, receive various cryptocurrency rewards, and so on.

TerraClassicUSD (USTC)

Completing our rating is, all of a sudden, TerraClassicUSD. Yes, it’s amazing how after the collapse of Terra LUNA, someone still appreciates such tokens.

The project has a market capitalization of $348,596,195, placing TerraClassicUSD 92nd in the CoinMarketCap ranking. There are 9,815,490,210 USTC coins in circulation (maximum unknown).

TerraUSD (UST) is a decentralized and algorithmic stablecoin of the Terra blockchain. The value of the coin is pegged to the U.S. dollar. USTC should give a higher level of scalability, the accuracy of interest rates, and the used interchain.

TerraUSD has several advantages: a special mining mechanism that meets the requirements of DeFi protocols without losing scalability. UST is easy to add to a cryptocurrency wallet simply by adding TerraUSD as a payment method.

All information provided on this website is for educational and informational purposes only. Please consult with our Disclaimer.

Home » Insights and analysis » Top 10 Growing Cryptocurrencies in September 2022

Your complaint has been sent to a moderator