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Cryptocurrency News Articles
The Best Cryptos to Buy as Bitcoin Price Predictions Hit $70K
Sep 30, 2024 at 07:15 pm
Analysts are optimistic that the Bitcoin price will reach $70K in October. This sets a bullish tone for the rest of the market
Bitcoin price predictions for October are setting a bullish tone for the rest of the market. Several analysts anticipate a strong Q4 for cryptocurrencies, especially Bitcoin, which could lead to gains for altcoins.
With that in mind, here are five of the best altcoins to buy for October and beyond.
Pepe Unchained (PEPE) is a presale token that has taken the market by storm. As its name suggests, the project has a meme coin element. But that's not all. It's also an Ethereum layer 2 blockchain. It's building the first Pepe-themed Ethereum layer 2 blockchain.
The ‘Pepe Chain’ will be 100x faster than Ethereum and much cheaper. It also has features like staking, a block explorer, a dedicated Ethereum bridge, and a decentralized exchange – everything you'd expect from a top blockchain.
Sei (SEI) is a layer 1 blockchain built using Ethereum’s developer toolkit. This means that users can access it from their Ethereum wallet. The project is highly scalable, boasting a 380ms transaction finality time and processing 12,500 transactions per second.
So far, the blockchain has processed over 1.2 billion transactions, showing that there is a notable demand.
Crypto All-Stars (STARS) is a unified staking protocol for meme coins. The project allows users to stake any top meme coin and generate passive $STARS rewards. It's currently undergoing a presale and has raised $1.8 million so far.
Crypto All-Stars is turning heads because it's one of the only projects that provides utility to leading meme coins. Here's how it works:
Users can stake meme coins like Dogecoin, Shiba Inu, Pepe, Floki, and Bonk, and they'll receive $STARS in return. However, they must also hold $STARS, and their earnings will be proportional to how much they have. This creates a circular economy where investors constantly accumulate $STARS to maximize their token rewards. Another draw to this project is that it will be the first token that unites all the leading meme coin communities.
Dogwifhat (WIF) is the leading meme coin on Solana. This is a unique position that enables it to capture significant liquidity as Solana grows. WIF is the first stop for newcomers who want exposure to the Solana ecosystem. It's also the most liquid Solana meme coin, making it attractive to whales.
This essentially makes Dogwifhat a leveraged bet on Solana minus the liquidation risk. Should the SOL price rise, we will likely see Dogwifhat rise faster.
So, with that in mind, asset manager VanEck’s prediction that SOL will reach $330 this cycle is certainly good news for WIF fans. VanEck argues that Solana’s low fees and transaction processing metrics make it undervalued.
Memebet (MEMEBET) is a new meme coin casino that enables users to wager their joke tokens. The project is undergoing a presale and has raised $330K so far.
Though the Memebet token is in its presale, the team plans to launch the casino before the ICO ends. It will launch via a web and Telegram application, ensuring accessibility to everyone. The casino will also be KYC-free. Users simply visit the casino, connect their wallets, and start gambling. The casino supports Dogecoin, Shiba Inu, Pepe, and more. However, users will receive special incentives when they wager with the native $MEMEBET token.
This includes airdrop access, casino bonuses, a VIP community group, and “Lootboxes.” Lootboxes are real-life reward packages that contain NFTs, cash prizes, signed Messi Argentina shirts, and more.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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