September Top Picks: Uniglo (GLO), Elrond (EGLD) And Uniswap (UNI)

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It's that time of year again when the leaves start to change color and the weather gets cooler. And while some people are sad to see summer come to an end, others are excited about the start of fall.

For investors, fall is a good time to start thinking about which stocks to buy for the rest of the year. And with that in mind, we've compiled a list of our top picks for September.

Although Uniglo may be a newcomer, the attention it has received in recent weeks is crucial. A volatile-resistant cryptocurrency was required in 2022 due to unstable market conditions. GLO is an asset-backed social currency, the inherent value of which is protected by other stable cryptos, digital assets, and rare NFTs. With an ultra-burn mechanism, any earnings made from the system are used to buy GLO tokens, which are then all burned. This guarantees a steadily declining supply, which directly affects the price.

EGLD has been influenced by the general decline that has plagued the cryptocurrency market since the beginning of this month. EGLD and the most popular cryptocurrency, Bitcoin, have a strong positive association.

According to data from CoinMarketCap, the coin has since reported a double-digit loss since August began, following an excellent run in July that enabled the coin to climb by 16%.

Since bottoming out in June, the UNI token from Uniswap has performed admirably. Its wild bull experienced a 191% increase in value between its low and most recent high.

The bulls are, however, beginning to exhibit indications of fatigue. But historical performance may provide clues as to what to anticipate.

UNI encountered price zones during its rally