As the cryptocurrency market is gearing up for a bullish phase in October, investors are looking for the best altcoins with good returns. With the bull run just around the corner, market analysts predict that three coins: Cardano, Helium, and a new token, Cutoshi, could bring the best results. Let’s analyze them further in this article.
Cardano to reach $0.42 soon
Cardano is one of the most well-known, and reputed blockchain platforms in the crypto space. Launched in 2017, the platform was designed by a group of academic researchers and blockchain developers to address some of the scalability and sustainability issues of networks like Bitcoin and Ethereum.
Cardano is trading at $0.3515, and has gained 0.08% in a day. Last month, Cardano managed to grow over 4.82%. However, the past week wasn’t good for Cardano, where it lost more than 12.86%. While Cardano hasn’t been performing well lately, investors still believe in a positive future for the token.
Analysts believe that Cardano will see the much-awaited bull run with some analysts predicting a price of $0.421 by November. For investors looking for established credibility, ADA can be worth looking at.
Helium shows bullish signals despite recent slump
Helium is a blockchain network that focuses on the Internet of Things (IoT) devices. Helium’s primary aim is to create a platform that improves the infrastructure for IoT to improve the communication between connected devices. Helium is also known as “The People’s Network.”
At the time of writing, Helium is trading at $7.08. Helium’s market performance hasn’t been satisfactory recently, but the market is displaying bullish signals for the token. In the past week, Helium lost more than 7.83%.
In the last 30 days, Helium slumped over 13.80%. However, analysts predict Helium will recover from this phase. Crypto experts believe Helium could reach a price of $8.97 by November 2024, and will continue this bullish phase well into 2025.
Cutoshi: The most promising token this October
While Helium and Cardano are good picks for investors this October, there’s a new Ethereum-based token, Cutoshi, which is predicted to have stunning growth.
Traditionally, people bring the Chinese Lucky Cat to their homes for good luck and wealth. Cutoshi is bringing the good fortune of the lucky cat to the blockchain! Cutoshi follows the teachings of the Bitcoin founder, Satoshi Nakamoto, and will make Decentralized Finance (DeFi) available to everyone.
Cutoshi’s Decentralized Exchange will support transactions across multiple blockchains. The DEX is more private and secure than other exchanges, and will save users’ time and money. Cutoshi will feature limited edition NFTs, a complimentary reward for the community.
Cutoshi’s presale is live, where the token is selling for just $0.015. Analysts believe the token’s price will soon grow exponentially, which is great news for early investors. It may be the best time to jump in during the presale, as the prices will take off after the token launches on major DEXes..
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