%20named%20five%20altcoins,%20which,%20in%20his%20opinion,%20will%20rise%20in%20price%20in%20September.){kind=link}

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<p><strong>Austin Arnold</strong> Explains Which <strong>Digital Coins</strong> Will Be The Most Promising Next Month.</p>



<p>Analyst <strong>Austin Arnold</strong> on his YouTube channel (945 thousand subscribers) <a href="https://www.youtube.com/watch?v=sJxxmWiDKZo" target="_blank" rel="noreferrer noopener">named five <strong>altcoins</strong></a>, which, in his opinion, will rise in price in <strong>September</strong>. </p>



<p>Arnold considers <strong>Ethereum </strong>(ETH), <strong>Cosmos </strong>(ATOM), <strong>Cardano </strong>(ADA), <strong>Tezos </strong>(XTZ) and <strong>VeChain </strong>(VET) to be the most promising <strong>tokens </strong>for the next month.</p>



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<p class="has-large-font-size"><strong>Ethereum (ETH)</strong></p>



<p><br>On August 24, six organizations at once <a href="https://blog.ethereum.org/2021/08/24/building-together/" target="_blank" rel="noreferrer noopener">donated to the <strong>Ethereum</strong></a><strong> </strong>Foundation $ 250 thousand each for the development and implementation of the <strong>Ethereum 2.0</strong> update. </p>
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<p>According to the analyst, this shows that the entire <strong>cryptocurrency </strong>ecosystem is awaiting an altcoin update and is ready to donate funds for this.</p>



<p>Another event supported by <strong>Ethereum</strong>, <strong>Arnold </strong>called the <a href="https://cointopsecret.com/2021/08/23/visa-announced-purchase-of-an-nft-token-for-150000/">purchase by the Visa</a> payment company of an <strong>NFT token</strong> from the <strong>CryptoPunk </strong>collection for $ 150,000 (payment was made in <strong>ETH</strong>).</p>



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<p class="has-text-align-center"><em><strong>Ethereum </strong>has risen in price by 35% since the beginning of August. </em></p>



<p class="has-text-align-center"><em>On August 27, the altcoin is trading at $ 3.1 thousand, and its <strong>capitalization </strong>is $ 366 billion, according to <strong>CoinGecko</strong>.</em></p>
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<p class="has-large-font-size"><strong>Cosmos (ATOM)</strong></p>



<p><br>On August 23, the <strong>Cosmos </strong>developers <a href="https://blog.cosmos.network/bitcoin-is-coming-to-cosmos-with-interbtc-16b1fc854728" target="_blank" rel="noreferrer noopener">announced that in the near future</a> it will be possible to use <strong>bitcoin </strong>in the <strong>Cosmos </strong>ecosystem using the <strong>interBTC </strong>interchain. </p>
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<p>The analyst claims that this will significantly increase the liquidity of the <strong>Cosmos </strong>ecosystem.</p>



<p>Since the beginning of the month, the <strong>Cosmos cryptocurrency </strong>has risen in price by 83%. The price of the <strong>digital coin</strong> reached $ 23.8. On August 27, the cost of <strong>Cosmos </strong>is $ 18.5, capitalization is $ 5.1 billion.</p>



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<p class="has-text-align-center"><em><strong>Cosmos </strong>(<strong>ATOM</strong>) is a decentralized network of independent parallel <strong>blockchains </strong>that operate on the basis of Byzantine fault tolerance (BFT) algorithms. </em></p>



<p class="has-text-align-center"><em>These <strong>blockchains </strong>are able to interact with each other through the <strong>Cosmos network</strong> called the &#8220;Internet of <strong>blockchains</strong>&#8220;.</em></p>
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<p class="has-large-font-size"><strong>Cardano (ADA)</strong></p>



<p><br>According to <strong>Arnold</strong>, the adoption and popularity of <strong>Cardano </strong>will grow even more after the asset has <a href="https://cardanofeed.com/cardano-ada-to-be-launched-on-25th-august-and-get-listed-in-japan-6986.html" target="_blank" rel="noreferrer noopener">received permission</a> from the <strong>Japanese </strong>regulator and can be traded on <strong>Japanese exchanges</strong>. </p>
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<p>The analyst also noted the low fees on the <strong>Cardano network</strong> compared to <strong>Bitcoin </strong>and <strong>Ethereum</strong>.</p>



<p>In August, the price of <strong>Cardano </strong>rose 132%. The market valuation of the asset increased to $ 83 billion. The <strong>digital coin</strong> took the third place in the list of the largest <strong>cryptocurrencies </strong>in terms of <strong>capitalization</strong>. <strong>Cardano </strong>is trading at $ 2.59 on August 27.</p>



<p>Tim Harrison, Marketing and Communications Director of <strong>IOHK </strong>(the issuer of <strong>Cardano</strong>), announced the release of the Alonzo hard fork on September 12th. </p>



<p>After that, the <strong>altcoin network </strong>will receive support for <strong>smart contracts</strong> and the ability to create decentralized applications (<strong>DeFi</strong>).</p>



<p class="has-text-align-center"><em><strong>Cardano </strong>is a <strong>blockchain </strong>focused on the launch of <strong>smart contracts</strong>, decentralized applications and sidechains.</em></p>



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<p class="has-large-font-size"><strong>Tezos (XTZ)</strong></p>



<p><br>On August 24, it became known that the Swiss <strong>blockchain </strong>companies <strong>Crypto Finance</strong>, Inacta and InCore Bank entered into a partnership with the aim of creating regulated products tokenized on the <strong>Tezos blockchain </strong>for institutions. </p>
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<blockquote class="twitter-tweet">
<p lang="en" dir="ltr">Thank you <a href="https://twitter.com/hashtag/InCoreBank?src=hash&;ref_src=twsrc%5Etfw">#InCoreBank</a> and <a href="https://twitter.com/inacta?ref_src=twsrc%5Etfw">@inacta</a> for another successful collaboration project! The innovative and compliant standard for asset <a href="https://twitter.com/hashtag/tokenisation?src=hash&;ref_src=twsrc%5Etfw">#tokenisation</a> of financial products (FA2) we have enabled together on <a href="https://twitter.com/tezos?ref_src=twsrc%5Etfw">@tezos</a> is definitely shaping the <a href="https://twitter.com/hashtag/blockchain?src=hash&;ref_src=twsrc%5Etfw">#blockchain</a> industry.<a href="https://t.co/vEENshU4Kh">https://t.co/vEENshU4Kh</a></p>
<p>— Crypto Finance (@CryptoFinanceAG) <a href="https://twitter.com/CryptoFinanceAG/status/1430104698359590925?ref_src=twsrc%5Etfw">August 24, 2021</a></p></blockquote>
<p> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>



<p>According to <strong>Arnold</strong>, financial companies are using the <strong>Tezos blockchain </strong>to create their own niche.</p>



<p>Since August 1, the price of <strong>Tezos </strong>has increased by 92%. The capitalization of the <strong>digital coin</strong> increased by $ 3.8 billion. On August 27, the <strong>cryptocurrency </strong>is traded at $ 4.5.</p>



<p class="has-text-align-center"><em><strong>Tezos </strong>is a decentralized <strong>blockchain </strong>platform with <strong>smart contract</strong> support and the ability to create <strong>tokens </strong>and decentralized applications (dApps).</em></p>



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<p class="has-large-font-size"><strong>VeChain (VET)</strong></p>



<p><br>In mid-August, the developers of the <a href="https://www.prnewswire.com/in/news-releases/enterprise-public-blockchain-vechain-pushes-one-million-usd-grant-program-860618914.html" target="_blank" rel="noreferrer noopener"><strong>VeChain blockchain </strong>allocated</a> $ 1 million to create their own <strong>trading platform</strong> for corporate <strong>NFT tokens</strong>. </p>
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<p><strong>Arnold </strong>argues that this decision will have a positive impact on the development of <strong>VeChain</strong>, as in the future, companies will be the main driving force behind the mass adoption of <strong>NFT </strong>technology.</p>



<p>Since the beginning of August, the <strong>VeChain blockchain </strong>token has grown by 73%. The price of the <strong>digital coin</strong> reached $ 0.14. On August 27, the <strong>cryptocurrency </strong>is trading at $ 0.11, and its <strong>capitalization </strong>is $ 7.8 billion.</p>



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<p class="has-text-align-center"><em><strong>VeChain </strong>is a <strong>blockchain </strong>platform for working with <strong>smart contracts</strong>, </em></p>



<p class="has-text-align-center"><em>which is focused mainly on business applications, namely, supply chains (tracking, quality control, inventory, etc.).</em></p>


<p><iframe width="1693" height="625" src="https://www.youtube.com/embed/sJxxmWiDKZo" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></p>
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<p>Read More&#8230;</p>



<p><a href="https://cointopsecret.com/2021/08/26/which-cryptocurrency-may-soon-rise-in-price/">Which Cryptocurrency May Soon Rise In Price?</a></p>



<p><a href="https://cointopsecret.com/2021/08/25/what-tokens-may-rise-in-price-in-the-near-future/">What Tokens May Rise In Price In The Near Future?</a></p>
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