Top altcoins to buy in August with high return potential

Flux (FLUX/USD), Chiliz (CHZ/USD), and Injective (INJ/USD) are some of the best cryptocurrencies that you can buy in August.  FLUX has been gaining in value recently due to the fact that mining rigs can be utilized to essentially mine the cryptocurrency.

Timeline of Chiliz, Zel, Injective-protocol

Chiliz (CHZ) has broken out from long- and short-term resistance levels, and the wave count suggests that a bottom has been reached. The post Chiliz (CHZ) Breaks Out From Long-Term Bullish Pattern, Next Major Resistance at $0.41 appeared first on BeInCrypto.

Injective, a blockchain built for finance, recently announced a new $40 million funding round led by Jump Crypto. BH Digital, the crypto arm of famed hedge fund manager Alan Howard, has also joined the investment round.

Injective has managed to raise $40 million in a private token sale led by Jump Crypto according to reports from Tech Crunch. Brevan Howard Digital, the cryptocurrency arm of British billionaire hedge fund manager Alan Howard, also took part in the funding round.

Injective, a layer 1 blockchain, raised $40 million in a round round led by Jump Crypto. BH Digital also participated in the round.  The post Layer 1 blockchain Injective raises $40 million round led by Jump Crypto appeared first on The Block.

Chiliz (CHZ/USD) is essentially a digital currency and platform aimed at sports and entertainment that operates the Socios.com platform. The CHZ cryptocurrency serves the role of being the platform currency of the blockchain-based Socios.

Chiliz's native cryptocurrency CHZ was not left behind as the market surprisingly switched in favor of a strong mid-week rally. In fact, CHZ managed to pull off an impressive 36% uptick in just three days.

The cryptocurrency market has struggled over the last year to provide investors with good returns. Despite the recent bear market there are still opportunities to make big gains in the right projects with Chronoly.io (CRNO) and Chilliz (CHZ) being two that offer promise.

The Chiliz [CHZ] network achieved robust growth and utility in the last two years courtesy of fan token launches. Unfortunately, this was not enough to shield its native token CHZ from the bear market.

Chainlink's off-chain oracle network, or Decentralized Oracle Networks (DONs) are set to play a big role in assessment of major companies and organizations' carbon footprint amid the battle towards net-zero carbon emission. Hyphen, a platform that seeks to help firms reach net-zero carbon emission via verified and validated climate data, and Copernicus, the European Union's The post Hyphen to use Chainlink's DON architecture to bring carbon flux data to blockchains appeared first on Invezz.

Chiliz [CHZ] extended its climb hours after Chiliz announced that it is launching a new fan token for Club Santos. The crypto market has struggled to hold on to its gains amid the ongoing uncertainty.