August is there, and the cryptography market could finally wake up. While Bitcoin and Ethereum were a little silent, some smaller altcoins begin to move quickly. An analyst listed four altcoins that show bullish movements this month and also revealed why they could be good choices for August.
Tone: Calm now, but great things to come
Your is one of the best choices for August. The price has not yet changed much, it is located around $ 3.40 – but there is a great reason to excite. A new investment vehicle, called your Treasury, should soon be launched. This could give us investors their first way easy to buy tons, because it is not in Coinbase or Kraken at the moment.
With the big tone ecosystem and the large user base, this decision could bring many new buyers and increase the price quickly.
Sonic: always low, but wake up
Sonic is another Altcoin that attracts attention. Currently, it is negotiating about $ 0.30 and has remained on the silence since its launch. But that could change quickly. The team behind Sonic is known for its solid marketing, and the price is starting to move after a long period of construction and development.
Sonic could come back to his old summits around $ 1 if things go well. It is still early, which makes it an interesting bet for August.
Ethena: a quick engine
Ethena (ENA) was called early in runners and quickly increased by 17%. It’s not a large room, but it moves quickly. For merchants who like faster gains, Ethena is one to watch closely. It may not be a long-term game, but in the short term, the momentum is on its side.
