September wasn’t a great month for most cryptocurrencies. The prices displayed on the market mostly indicated a downward progression. It should be noted that the month of September in the last 12 years has recorded a negative score on the markets.
For example, bitcoin, which is generally one of the best cryptocurrencies, recorded an average growth of -7% in September. However, the month of October presents optimistic and smiling horizons compared to previous years. Discover with us the 5 best cryptocurrencies to buy for the month of October.
The 5 best cryptocurrencies for the month of October
Here is the list of the top five cryptocurrencies you need to buy for the month of October:
- Tamadoge (TAMA)
- Battle of infinity (IBAT)
- Bitcoin (BTC)
- Solana (SOL)
- Ethereum (ETH)
The characteristics and statistics of these cryptocurrencies rightly justify the choice of their acquisition. Find out in detail the arguments that reassure you about the decision to invest in these five cryptocurrencies.
Tamadoge continues to be flawless
Tamadoge is a new Play-to-Earn cryptocurrency that is one of the most publicized projects in 2022. After an eight-week presale that raised $ 19 million, the cryptocurrency has just had its first listing on OKX. The new meme corner star should logically see its price increase.
Several analysts are confident that TAMA’s price will rise in the near term. Recall that the presale took place in the middle of the bear market. If the token is trading at $ 0.03 today, the goal will be to quickly hit the $ 1 token bar. Given the enthusiasm it is arousing at the moment, this crypto shouldn’t have too much difficulty in achieving this goal.
Battle Infinity could go up to $ 0.01
This platform has grown rapidly since its launch and public listing. Its community continues to grow over time, making this P2E game a decentralized project to keep an eye on. What makes it a winner is that in addition to its Binance Smart Chain-based IBAT token, it integrates metaverse and NFTs.
IBAT continues its roadmap with serenity after being recently listed on LBank and Coin98. Its current price of $ 0.0033 is expected to double by the end of 2022 according to some analysts thanks to its presence on popular exchanges. IBAT token holders can only hope that the cryptocurrency recovers its all-time high at $ 0.01.
Bitcoin about to reach $ 25,000 ATH
Recognized as the “King Coin” of the cryptocurrency market, Bitcoin plays its latest cards to maintain its position. Bitcoin represents the benchmark for the signal quality of the cryptocurrency market. It must stay on the $ 19,000 route to escape the under $ 16,000 drop to remain the model.
According to the tradition of October each year, the price of Bitcoin should range between $ 17,000 and $ 19,000. Experts agree that the financial growth margin in reference to its ATH would be on the order of over 20%. The month of October therefore promises to be sunny for Bitcoin with the many expected opportunities.
With Bitcoin ETF validation, the King Coin is expected to make great strides to be pushed into the green category of the chart. The forecasts show a price of $ 24,000 for the end of the year from October.
Solana bets $ 60
During the month of September, the top 1 of the summer cryptocurrencies gained 26.9%. However, crypto has experienced negative spells in the past few days while maintaining positive scores. In fact, Solana recorded a loss of 34.4%. Let one ATH total $ 213.47.
This situation may seem critical for cryptocurrency. However, it should be noted that Solana represents Ethereum’s number 1 competitor and registers institutional players as its main customers. Furthermore, it is a network that records a large number of NFT projects.
This allows traders to remain confident on a $ 60 limit for Solana by the end of the year. October therefore has every reason to remain a month of possibilities and opportunities in terms of earnings. All it takes is a bullish wave to occur. The cryptocurrency would experience a rapid recovery in its ATH rank right now.
Ethereum could exceed the $ 1400 threshold
In September, Ethereum posted a negative average of 6.2%. After the Chinese invasion and the scams, crypto has had serious problems in its network. This led the two large Ether pools, notably SparkPool and BeePool, to declare the end of all activities in China.
This unfortunate reality opens up quite new perspectives for blockchain developers. The latter launched the 2.0 version of Ethereum. This is an advantage for institutional investors who are increasingly interested in the future of Ethereum compared to that of Bitcoin.
The forecasts indicate in the short term a course of about 1,300 dollars that will progress, exceed and reach 1,400 dollars. The sum of the Ethereum futures is valued at $ 65 billion. Achieving these results will depend solely on the market conditions of ETH and its network.
Typically, every cryptocurrency expects a bullish wave to come. This reality will restore the market and push cryptocurrencies to a much higher level than when they started.