10 Best Crypto To Buy For ‘Uptober’ Bull Run
The post 10 Best Crypto To Buy For ‘Uptober’ Bull Run appeared on BitcoinEthereumNews.com.
This article was paid for* The bullish sentiment surrounding the crypto market has reached a fever pitch with the start of the fourth quarter today. Investors are gearing up for a parabolic ‘Uptober’ rally, as indicated by a recent CoinGecko survey in which over 70% of participants are expecting a bullish October. Bitcoin has already posted its best-ever September performance, owing to a favourable macroeconomic outlook, rising global liquidity, and increasing spot Bitcoin ETF. 10 Best Crypto To Buy For Uptober Sidelined investors may have mere days left to position themselves for the Uptober bull run and avoid leaving substantial profits on the table. Meme coins are already front-running the bull market, with Dogwifhat, Bonk and Pepe up nearly 40% over the past week. Experts are advising investors not to complicate their investment strategy. A diversified portfolio – including large-cap Layer-1 coins as well as mid-cap and low-cap meme tokens – is ideal for maximizing returns. In this article, we list the 10 best crypto to buy before the start of the Uptober bull run. Bitcoin (BTC) The largest cryptocurrency is still one of the best tokens to buy for the next bull run. Unlike most meme coins, Bitcoin is an excellent long-term investment. There is a reason why BlackRock now has nearly $22 billion worth of BTC and its CEO Larry Fink is sounding like MicroStrategy’s Michael Saylor. In fact, BlackRock published a bull thesis for Bitcoin in September, calling it “a unique diversifier”. Asset management firm VanEck is also mega-bullish on BTC in the long term, expecting it to reach $2.9 million by 2050. The Bitcoin price is currently trading at $63,600. Despite the choppy price action to start the month, analysts believe that it will soon breach the $66k resistance, paving the way for a new all-time…
Filed under: News - @ October 1, 2024 6:22 pm