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Cryptocurrency News Articles
Which Altcoin Is Set for Big Gains This October? Kaspa (KAS), Solana (SOL), or JetBolt (JBOLT)?
Oct 15, 2024 at 10:00 pm
As we progress through October, many crypto enthusiasts are eagerly watching to see which altcoin is set for big gains. Could Kaspa (KAS) recover from its 23.3% drop last month? Will Solana (SOL) be able to sustain a steady pace amid criticisms? Or is JetBolt (JBOLT) set to be the next big thing with its stellar performance, having sold over 40 million tokens after only being in presale since August 2024?
As we progress through October, many crypto enthusiasts are eagerly watching to see which altcoin is set for big gains. Could Kaspa (KAS) recover from its 23.3% drop last month? Will Solana (SOL) be able to sustain a steady pace amid criticisms? Or is JetBolt (JBOLT) set to be the next big thing with its stellar performance, having sold over 40 million tokens after only being in presale since August 2024?
Kaspa Struggles With Bearish Movement
It has been a rough ride for Kaspa this October. The altcoin slid down to 23.3% over the past month. Trading at around $0.13, Kaspa (KAS) is presently trying to break through key resistance at $0.137, $0.141, and $0.145. Kaspa's recent decline can be attributed in part to its prolonged sideways trading pattern, which has raised concerns among crypto whales about its short-term potential.
Although the short-term outlook appears bearish, many Kaspa holders remain optimistic, citing that it reached an all time high of $0.20 in August 2024, which justifies continued confidence in its long-term potential.
As Kaspa continues to move with slow momentum, some crypto whales and traders are exploring newer alternatives like JetBolt, which offers modern features.
Solana: Steady Gains Yet Scrutiny Remains
There is a lot of buzz around Solana (SOL), one of the biggest Web3 tokens today, about its present market situation. Currently trading at $157.31, Solana (SOL) is steadily gaining momentum, increasing by 8.3% over the past week. Despite the stable movement, critics point out the fluctuations happening since September. Concerns over network reliability have resurfaced, with Solana's major outage in 2024 further exacerbating the coin’s ongoing challenges. This has led to many skeptics taking a jab at Solana’s stability.
Edward Snowden added fuel to the fire as he asserted that Solana (SOL) is a centralized platform, and a tool for scams and meme coins. “Solana is taking good ideas and going, ‘What if we just centralized everything? It’ll be faster, more efficient, cheaper… and yeah, nobody is using it except for meme coins and scams,” Snowden stated during last month's Token2049 conference in Singapore.
This critique, along with the recurring network outages, has raised concerns about Solana's viability as a truly decentralized platform. As next generation coins emerge, a rising number of crypto whales are drawn to revolutionary projects such as JetBolt.
JetBolt: The Buzz Behind the Token's Rapid Growth
While Kaspa and Solana face market volatility, JetBolt (JBOLT) has piqued the interest of crypto enthusiasts looking for newer emerging altcoins with advanced technology. Just two months after its launch, JetBolt’s presale earnings have surpassed $320,000, selling over 40 million tokens.
One of the biggest drawbacks of established blockchains like Ethereum is the high transaction costs, also known as gas fees — which JetBolt has addressed with its Zero-Gas Technology. This feature is particularly useful in daily transactions as it significantly lowers the barriers to entry for a wide range of users, including those wanting to carry out token trades.
Another standout feature driving JetBolt's popularity is its AI-powered insights tool, which provides users with real-time analytics on market trends and sentiment. This tool is especially valuable in a volatile market, where staying updated on shifts and trends can make a significant difference in investment outcomes. By offering data-driven insights and sentiment analysis, JetBolt empowers its users with a level of control and knowledge not commonly found in other altcoins.
JetBolt (JBOLT) also offers attractive deals for bulk token purchases through special Alpha Box packages, further fueling crypto whale interest. With its cutting-edge technology and successful presale that continues to draw the attention of crypto whales, JetBolt is leading the charge as a top new altcoin.
Which Altcoin is Set for Big Gains This October?
Given the volatile nature of the altcoin market, it's difficult to predict which coin will experience a breakthrough. Kaspa fans are still betting on its long term success but with KAS’s recent bearish movement, crypto enthusiasts remain skeptical. Solana also shares the same sentiment — despite SOL's steady increase, the network's frequent outages have left a bad taste in some investors’ mouths.
Then there’s JetBolt, a new altcoin on the rise with its trending presale. The growing crypto whale interest in JetBolt signals a shift in the market landscape. With its innovative features like zero-gas fees and AI-driven market insights, JetBolt is setting a new standard for altcoins designed to meet the demands of modern crypto users
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- Oct 16, 2024 at 02:25 am
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- Qubetics Emerges as a Promising Contender in the Evolving Cryptocurrency Market
- Oct 16, 2024 at 02:25 am
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- Worldcoin (WLD) Is Showing Signs of a Strong Upward Push, Gaining Traction Toward the $3.2 Key Resistance Level
- Oct 16, 2024 at 02:25 am
- With growing momentum in its favor, this analysis explores the recent bullish momentum behind WLD and assesses whether it has the potential to trigger a major breakout.