Top 3 Crypto Gems That Could Blow Up This September - Wall Street Memes, Taraxa and Nakamigos

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The Cryptonews YouTube channel shared three trending tokens that are worth buying this September, one of which is ready to get listed on Tier 1 exchanges.

In this article, we will review the best investment options, including those related to NFTs, presales, and regular tokens, that have the potential to generate a tenfold return. Despite recent challenges in the crypto market, there are still noteworthy prospects for those willing to explore alternatives beyond the mainstream.

Taraxa (TARA)

Taraxa, symbolized as TARA, represents a project utilizing BlockDAG technology. BlockDAGs are gaining prominence due to their scalability and efficiency, making them a notable choice in the cryptosphere.

Currently, Taraxa’s trajectory draws parallels to that of another cryptocurrency, Kaspa, which experienced significant growth in its market capitalization. Kaspa’s journey serves as a relevant benchmark for assessing Taraxa’s potential.

Initially, Kaspa’s market capitalization stood at a modest $15 million but eventually surged to an impressive $850 million, nearing the $1 billion mark. To evaluate Taraxa’s recent performance, it’s essential to examine its price movements over the past year.

Taraxa appeared to be in a consolidation phase for an extended period before experiencing a significant surge in value. This surge, often referred to as a 10x pump, represents a notable price increase typically followed by some form of market correction or profit-taking.

However, it’s important to note that a lower market capitalization can be associated with higher fluctuations. Taraxa’s market cap reached a record high of $32 million, both historically and in the past year, providing an intriguing glimpse into the project’s future prospects.

For those interested in exploring alternative options, we invite you to check out our comprehensive guide featuring the top altcoins worth considering for investment in 2023.

Wall Street Memes (WSM)

Wall Street Memes, with the symbol WSM, is a project poised for significant growth, aiming to secure listings on top-tier cryptocurrency exchanges in a short timeframe. The highly anticipated WSM token listing, scheduled to commence in two weeks as per their website, has garnered widespread attention.

The prospect of being listed on exchanges like Binance, Coinbase, Kraken, and others, known for their high trading volume and stringent security standards, bodes well for WSM’s future performance. WSM is an eagerly anticipated memecoin that has gained significant traction during its ongoing presale.

I was losing money fast due to bad advice but now I’ve bought a second monitor I’m losing money twice as fast pic.twitter.com/MFR30xkPcs

— Wall Street Memes (@wallstmemes) September 12, 2023

Over the past month, a viral presale has raised over $25 million. To meet the surging demand from early investors, the project is offering tokens at a fixed rate of $0.0337, surpassing the typical presale cap range. This has amplified the buzz around WSM, establishing it as one of this year’s most-discussed memecoins.

With successful fundraising efforts, the project has clearly attracted substantial investor interest. Additionally, over 300 million tokens have been staked, indicating strong community support and reducing the risk of a significant price drop. In light of this, here is a selection of the top crypto ICOs that need to be considered for potential investments.

Notably, WSM has gained the attention of Elon Musk, who has engaged with the Wall Street Memes project on multiple occasions. This high-profile endorsement enhances the project’s credibility and potential.

To celebrate the presale, the development team is hosting an airdrop competition with a prize pool of $50,000. To win, participants must complete a series of simple tasks, such as following the project’s social media channels.

Given the current trend, many view WSM as the next big thing in the memecoin market. Check out our guide on how to purchase $WSM tokens here.

Nakamigos

NFTs have experienced their share of ups and downs, but as the fall season approaches, optimism is on the rise. Despite a recent dip in the overall NFT market, the Nakamigos collection stands out as remarkably resilient.

Launched in March 2023 and affiliated with HiFo Labs, this collection features 20,000 exclusive NFTs on the Ethereum network. These NFTs are characterized by 24×24-pixel characters reminiscent of CryptoPunks. Notably, a portion of these NFTs were reserved for developers.

The name ‘Nakamigos’ pays homage to Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Nakamigos is more than just a creative endeavor; it’s a commercial project, with the Nakamigos team holding commercial rights.

This approach is reminiscent of Yuga Labs’ 2022 strategy with CryptoPunks and Meebit NFTs. Nakamigos has garnered significant attention and endorsements from influential figures, including Michael Novogratz, the CEO of Galaxy Investment Partners.

There are even rumors suggesting that these prominent figures might have a deeper involvement in the Nakamigos project. Anticipation for Nakamigos is growing, partly due to the connection between fall and football season, a sport of significance for many crypto enthusiasts.

It’s possible that Nakamigos will experience more interest and activity now that the new football season has begun. When examining the performance of Nakamigos, there is a visible growth in the floor price, which indicates a growing demand for their products.

Furthermore, the decreasing availability of Nakamigos for purchase suggests that prices may experience an upward push. It’s noteworthy that the crypto market often experiences slower weekends, which makes Nakamigos’ resilience and upward momentum even more remarkable.

Conclusion

There is no denying the severe volatility seen in the cryptocurrency markets this year. It is expected that the previously mentioned cryptocurrencies will maintain their development trajectory despite a rising fear index, while market leaders like Bitcoin and Ethereum deal with a gloomy market.

Wall Street Memes is widely regarded as the leading memecoin, having gained immense popularity in recent years. Early investors stand to potentially achieve some of the highest returns of the year if the platform’s launch matches the ongoing success of its presale activities.

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