4 Best Crypto Assets Worth Eyeing In August

Three leading crypto assets among crypto investors. (Photo; Doc. Decrypt)

JAKARTA - Despite slumping in recent days, the crypto market has continued to show rapid growth. This August offers a variety of exciting opportunities for investors looking to expand their portfolio.

With the launch of Ethereum and Solana ETFs that attract a lot of investment, some crypto coins are expected to experience a significant spike. The following is a list of cryptocurrencies worth considering along with the potential profits offered.

As a "king" of crypto assets, Bitcoin has a major influence on the entire market. Support from former President Donald Trump and his deputy JD Vance on blockchain technology provides a positive outlook for Bitcoin. With prices currently falling, August could be the right time to buy Bitcoin and take advantage of potential spikes that may occur.

Ethereum is still a major smart contract platform despite competitors such as Solana and Avalanche. With the transition to the proof-of-stake consensus mechanism and the launch of Ethereum's ETF, ETH is in a good position to grow. Although the price of Ethereum has not soared, the momentum behind ETH makes it a solid choice to buy, especially as prices drop.

Solana continues to attract attention with high scalability and low transaction fees. With Solana's recent ETF submission, Solana's price is expected to soar. Solana has also recovered tremendously from the previous crisis and hit a record high this year, thanks to the strong coin meme sector.

Amid the popularity of the coin meme, Podlana (PODL) emerged as an exciting newcomer. Inspired by the poodle dog, Podlana combines an attractive style with Web3 technology. Interestingly, recently the presale price of Podlana is US$0.0416 (around Rp620) and has managed to raise funds of US$4.9 million (around Rp73.5 billion). In addition, this coin has not been listed on the open market as its own attraction for new meme coin hunters.