August's Crypto Market Winners Explode as September Danger Looms

Key Takeaways

• NPC’s price logged a massive August movement, jumping 206% and even outpacing HNT’s 188.70% price gain.
• KAITO went the other way, as the coin dropped 67.87% despite August being a strong month for much of the crypto economy.
• September could be a tougher ride for all coins. Bitcoin has finished lower in 8 of the past 13 Septembers, which could put added pressure on altcoins, as historical records show this is usually the case.

While leading crypto assets like bitcoin, ethereum, solana, and several other top 20 contenders saw gains, massive spikes came from a slew of digital assets. The largest gain was a meme coin known as non-playable coin (NPC), which is trading for $0.01650 and rising 206% over the last 30 days. The native cryptocurrency of the Helium Network, helium (HNT), surged by 188.70% in the same timeframe.

NPC, PROM, DOG, and PUMP Join August’s Breakout Pack

In third place over the 30-day window, the coin associated with the Prometeus Network, prom (PROM), was also a triple-digit gainer with a rise of 154.09%. This month saw the rise of another meme coin, issued on the Bitcoin blockchain, dog (DOG), as it rose 96.65%. The meme coin launchpad platform Pump.fun’s native coin PUMP jumped 96.15%, and the layer two (L2) coin stacks (STX) managed to rise 88.05%.