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As we delve deeper into October, the market appears to be gaining momentum, raising hopes for a significant rally in the coming weeks. The current cryptocurrency market is showing promising signs of a bullish trend, with Bitcoin recently reaching impressive heights around $65,000.
With the overall crypto sector climbing back to a valuation of $2.28 trillion, investors are keenly eyeing potential opportunities for growth. This article explores five altcoins that are positioned for upward movement over the next 30 to 90 days, potentially benefiting from the anticipated altcoin season.
Aave (AAVE)
The current market environment has sparked optimism among cryptocurrency investors, particularly regarding Aave, a leading decentralized finance (DeFi) protocol. Recently, $AAVE has demonstrated strong upward momentum, climbing from around $135 to $177, before experiencing a slight correction.
This resilience suggests the potential for a robust recovery as the market shifts toward a bullish phase, especially with Bitcoin nearing its all-time highs. Aave’s market cap currently sits at approximately $2.33 billion, significantly below its previous peak of $7 billion.
Analysts predict that $AAVE could realistically achieve a market cap between $3 billion and $4 billion in the coming months, reflecting a potential for 2x to 3x growth.
Leveraging the inherent advantages of the Aave protocol, investors could see even higher returns on their investments, with some speculating that an 8x to 10x increase is possible.
First Neiro On Ethereum (NEIRO)
The focus on $NEIRO, the first dog-themed meme coin on the Ethereum blockchain, highlights its significant market activity and community-driven approach.
Currently valued at approximately $844 million market cap, $NEIRO has been experiencing a remarkable surge, characterized by a strong price movement from $0.0014 to $0.0022 in just a week.
The project aims to leverage the legacy of Dogecoin while establishing its identity on Ethereum, indicating potential for future growth. Analysts speculate that $NEIRO could reach a market capitalization of over $1 billion, with its consistent price patterns suggesting a bullish trend.
The combination of strong community support and strategic market accessibility positions First Neiro On Ethereum as a contender in the meme coin space, often compared to its predecessor, Dogecoin.
Pepe Unchained (PEPU)
Regarded as one of the best crypto presales of 2024, Pepe Unchained is creating considerable buzz in the crypto space, having recently secured an impressive $19.7 million. This ERC-20 meme coin is positioned as a layer-2 (L2) extension of the beloved Pepe brand, though it operates independently from the original Pepe coin team.
With its focus on speed, security, and scalability, Pepe Unchained aims to create a strong and user-friendly ecosystem. Pepe Unchained not only emphasizes its meme appeal but also comes with features designed for usability, such as a dedicated block explorer and decentralized exchange (DEX) capabilities.
As the development of its blockchain progresses, the Pepe Unchained team has introduced a developer grant initiative called ‘Frens With Benefits.’ $PEPU aims to incentivize individuals who create projects on its L2 blockchain, with applications for grants opening in Q4 2024 for interested developers.
Another massive milestone hit!
Builders ready? We've got something exciting coming!😉 pic.twitter.com/yD516Iys3G
— Pepe Unchained (@pepe_unchained) October 14, 2024
Currently priced at $0.00999, investors can purchase $PEPU using $ETH, $USDT, $BNB, or even a bank card. Pepe Unchained has a total supply of 8 billion tokens, and the presale includes 40% of this amount, generating significant interest among investors.
With strong community support and the potential for attractive staking returns of 112% per annum, Pepe Unchained is set to emerge as a significant contender in the meme coin market.
As it prepares for listings on DEX, many are eager to see how this project will perform and whether it can capitalize on the current bullish sentiment in the crypto market. To take part in the $PEPU token presale visit pepeunchained.com.
Brett (Based) (BRETT)
Brett (Based) is making waves in the crypto scene as a meme coin based on the Base chain, showcasing impressive growth recently. With its market cap climbing from $800 million to $1.06 billion, $BRETT has demonstrated a robust 20-30% increase over the past week.
The excitement surrounding this coin is palpable, especially as it inches closer to price discovery, which could see its value skyrocket towards the $2 billion mark.
Notably, Brett (Based) enjoys a vibrant community presence, characterized by an active Twitter following and an organic marketing push that relies on word-of-mouth rather than traditional advertising methods. This coin stands out not just for its cultural relevance but also for its substantial ecosystem and strategic partnerships.
As it continues to gain traction, Brett (Based) is positioned to become a notable player, riding the bullish momentum of the market and potentially leading to euphoric price movements in the near future.
For more information about these cryptocurrencies, check out the video above and subscribe to his YouTube channel. You can also become a member of Jacob Crypto Bury’s Discord channel for trading strategies and insights on upcoming crypto presales.
MANTRA (OM)
In the current crypto market, MANTRA has emerged as a noteworthy player, maintaining a consistent upward trend throughout the year. With a market cap steadily climbing, it has shown resilience, indicating potential for further growth as it approaches the $1.5 billion to $2.5 billion mark.
The anticipation surrounding the upcoming mainnet launch is fueling speculation about its price trajectory. The narrative surrounding MANTRA suggests that, as excitement builds, the token could experience significant momentum.
As of now, $OM is trading at $1.57, reflecting a price increase of 12% over the past week. Market accessibility through various exchanges enhances its visibility, making it a viable option for investors.
Overall, the current climate, marked by positive trends and a neutral fear and greed index, sets the stage for $OM to potentially achieve new all-time highs. As the market continues to stabilize, investors are keenly observing the developments, hoping to capitalize on its anticipated growth.
Related
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- 5 Best Altcoins to Watch in October for 10X Potential – $PLSX, $KAS, $XRP, $SEI, $PEPE
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