The most profitable cryptocurrencies over the past month

Cryptocurrency experts have published a list of the top 3 most profitable cryptocurrencies in August — despite the negative market situation caused by the fall of the US stock market, some digital assets managed not only to stay afloat but also to increase their value.

The Evmos cryptocurrency (EVMOS) showed the greatest growth. In August, the asset’s price increased by 65.7% (from $ 1.52 to $ 2.52). Evmos is a cross-blockchain protocol for moving assets in the Cosmos ecosystem. It is the first EVM (Ethereum Virtual Machine) token that allows other projects to integrate Cosmos networks.

The second place went to the Chiliz token (CHZ), which brought investors 42.8% of the profit. CHZ is currently traded on most major cryptocurrency platforms such as Binance and Coinbase. The daily trading volume of Chiliz is $ 392.14 million.

The value of the Nexo cryptocurrency (NEXO) increased by 41%. The total market capitalization of the token increased to $ 576.36 million. In August, NEXO rose from $ 0.73 to $ 1.03.

As for the flagship cryptocurrency, bitcoin showed the worst August performance, falling by 13.9% - this is the first time such an anti-record has been recorded since 2015. According to Cointelegraph Markets Pro and TradingView, BTC ended August at $ 19,900, down 13.9% in just one week.

It is worth noting that investors should not pin their hopes on the growth of the Cryptocurrency’s value in September. According to Cubic Analytics analyst Caleb Franzen, the beginning of September could be worse for bitcoin than the last days of August, so the cryptocurrency community should be prepared for anything.