August Crypto Winners Braced for September Downturn

The month of August saw significant gains in the cryptocurrency market, but September may bring a downturn. Some digital assets, like Non-Playable Coin (NPC) and Helium (HNT), surged by over 200% and 188% respectively over the last 30 days.

NPC, a meme coin, led the pack with a massive gain of 206%. Other notable performers included PROM, DOG, PUMP, and STX, which rose by 154%, 96.65%, 96.15%, and 88% respectively.

The Curve DAO native coin CRV saw a significant spike of 75.48%, followed closely by Mina Protocol (MINA) with the same percentage gain.

However, not all assets had a successful August. KAITO experienced a significant drop, losing 67.87% of its value, while Centrifuge (CFG) and Zano (ZANO) lost 40.30% and 24.17% respectively.

The crypto market typically experiences bearish trends in September, with approximately 8 out of the last 13 years seeing bitcoin's price end in the red.