Top 4 cryptos to buy trending today

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While the entire crypto market is flat despite the recent update to the Ethereum blockchain, with the latter making the move to a Proof of Stake system with The Merge, we are still seeing certain assets showing price signals.

As the condition of the traditional economy begins to improve, it is possible to foresee that certain cryptocurrencies will follow this uptrend. We will describe in this article some of these crypto assets that can represent a great profit opportunity.

Ethereum (ETH)

While we have enjoyed a strong rally in recent weeks and impressive investor enthusiasm from the Merger, Ethereum (ETH) is now falling. With a price that was at $1,648.19 yesterday, Thursday, September 15, at its all-time high, we see ETH now moving on $1,462.40 according to TradingView data a drop of just over 10% within 24 hours.

It is important to monitor Ethereum’s price movements despite its recent decline, as the crypto market is increasingly focused on environmental issues and the idea of ​​energy conservation. In addition, institutional players have repeatedly expressed their disapproval of Proof of Work systems.

The most recent of these statements relates to the recent White House report last week describing mining as damaging to the environment. This is a comment specifically aimed at Bitcoin now that the Ethereum merger is in effect and the blockchain has now been cleared of more than 98% of its energy consumption.

So even if the decline may continue for a few more weeks as September is historically bad for the crypto market, Ethereum appears to be an important choice for all investors to consider in the long run.

ETHPoW (ETHW)

Born from the initiative of Chandler Guo, a Chinese entrepreneur and famous actor in the crypto mining community, the ETHPoW is a hard fork of Ethereum that continues to use the Proof of Work system.

Currently positioned at number two in the crypto trending charts on CoinMarketCap, ETHPoW (ETHW) has a price of $12.99 and a drop of almost 60% since yesterday where the value has risen to a high of $60.68. We are seeing strong wind volume on this cryptocurrency that appears to be increasing.

The case of ETHPoW could be a buying opportunity for reactive investors who have mastered arbitrage techniques. However, keep in mind that this cryptocurrency is probably not a good choice for a long-term investment. Also the co-founder of Ethereum, Vitalik Buterinspoke out against ETHPoW and supported Ethereum Classic (ETC) as a suitable alternative for users who want to continue their mining-related activities.

Ethereum Classic (ETC)

Ethereum Classic is a cryptocurrency born from a hard fork after the hack of “TheDAO” in the month June 2016. Slightly forgotten by the crypto market until now, Ethereum Classic is an asset that has been popular again since last July due to the desire of Ethereum miners to continue their activity.

According to data from TradingView, Ethereum Classic is currently priced at $34.20 while it was only the latest hovering around $14 in mid-July. The data indicates that the blockchain hashrate has peaked at 65.49 terahash per second (TH/s), which is an all-time high since its inception and confirms that some miners have definitely switched to ETC.

Shiba Inu (SHIB)

Created in August 2020 by an anonymous developer who uses the handle “Ryoshi” and is extremely popular on Twitter, the Shiba Inu (SHIB) is a cryptocurrency that belongs to the category of “memecoins“that is, a crypto whose humorous side is brought out. After the announcement a few weeks ago of his project of metaverse under construction, the Shiba Inu Lands, the SHIB is benefiting from an increasing enthusiasm from investors.

The SHIB is currently awarding a prize of: $0.00001172 either a decrease of 2.11% the past 24 hours. On Friday, September 16, at the time of writing, the Shiba Inu is classified as: fourteenth position of the crypto ecosystem in terms of market capitalization.

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