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Best new altcoins august 2020

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Nonetheless, this is certainly a project I want to be invested in going into , and so I am buying on dips where I can, adding to the original position I bought during the long consolidation period that can be observed on the chart above. Tweet This. This also allows XLM to serve as backbone towards the creation of new cryptocurrencies, just like Ethereum is the platform behind ERC tokens. Since then, NKN has bounced off the bottom on significant volume, rallying to satoshis upon its listing on Binance, which was followed by a move back to satoshis, where it currently sits. Below, I have provided an introduction to each of these cryptocurrencies, as well as an overview of their fundamentals, their price-histories and given a tongue-in-cheek prediction in the conclusion.