Top Cryptocurrencies Making Gains Today 8 Sep – Best Coins for Strong Recovery
With the markets still down significantly from ATHs, many are wondering which cryptocurrencies provide the best potential for returns in the coming weeks and months.
As always, there are a range of options to choose from when it comes to portfolio allocation, and some options are better than others.
Blue chips such as Bitcoin and Ethereum have not fared so well recently, but there are many coins and tokens in the space that are doing much better, particularly those who are yet to embark on their logarithmic growth curves.
In the last 24 hours, Luna Classic (LUNC) has risen the most impressively, currently up almost 50% for the day.
LUNC has been doing very well recently. After the entire collapse of the Terra ecosystem when it became abundantly clear that it wasn't sustainable.
Since the crash, the token has fallen in value by over 99.9% thanks to the loss of confidence in the algorithmic stablecoin UST.
However, since blockchains are difficult to entirely destroy, and the community didn't completely dissipate into nothingness, the price is still trading, and significant efforts have been made to rebuild the community.
The implementation of a burn on transactions, with the support of Binance (where most of LUNC is traded), has been hugely beneficial for the remains of the project. Speculators have been extremely pleased with the
Another top performer today has been Helium, which is rising on the news that they will be abandoning their native blockchain in favour of moving over to Solana.
The move over to Solana has been hailed as a hugely significant milestone for Helium, and will allow the project to scale significantly, especially if they can open up their hotspots to a larger market by integrating with Solana's
Read more on cryptonews.com
