As the crypto market picks up in October, also called “Uptober,” a few altcoins under $1 are catching attention, with Fantom (FTM), POPCAT, and Intel Markets (INTL) standing out as having strong potential to do better than Solana (SOL) this month.
FTM: Positioned for a Breakout
Fantom’s token, FTM, is currently trading at $0.6857, reflecting a 4% increase from the previous day. Over the past month, FTM has surged by 76.49%, driven by excitement surrounding the upcoming Sonic upgrade set for November or December.
The Sonic update will introduce several key improvements:
- A new database storage system called Carmen
- Enhanced consensus process with Lachesis
- A new Fantom Virtual Machine
These upgrades will significantly boost network performance, allowing Fantom to handle over 2,000 transactions per second, compared to its current capacity of 30 TPS. This leap in scalability could enhance Fantom’s competitiveness in the blockchain space.
Additionally, interest in Fantom’s decentralized finance (DeFi) applications has grown, with Total Value Locked (TVL) rising by 55% to reach $108.8 million. This indicates increased activity and adoption within the Fantom ecosystem.
POPCAT: The Next Memecoin Sensation?
POPCAT is making waves in the crypto market as one of the top-trending coins. Recently, it experienced a 19.22% rise over the past week and an impressive 61% increase in trading activity within just one day.
This surge aligns with the positive sentiment of “Uptober,” and POPCAT’s significant market capitalization ensures ample liquidity. With a remarkable 137.67% growth month-over-month and a staggering 7567.09% increase year-to-date since its launch on Solana’s blockchain, POPCAT is attracting considerable investor interest.
Recent developments, such as launching futures trading on major exchanges like Binance and OKX, have further boosted POPCAT’s visibility and appeal among traders.
Intel Markets: The Hottest ICO
Intel Markets is generating buzz with its ongoing presale, having raised over $920,000 despite broader market challenges. As it approaches its $1 million goal, investors are keenly watching this project for potential gains as it gears up for a bullish wave in 2024.
Currently priced at $0.027 during its third ICO stage, INTL aims to reach $1 by 2025, making it an attractive opportunity for early investors.
What sets Intel Markets apart is its integration of artificial intelligence (AI) and decentralized finance (DeFi) within the crypto trading landscape. Its AI-driven trading bots can process vast amounts of data and adapt to real-time market conditions, enhancing trading efficiency.
Final Thoughts
These three altcoins—FTM, POPCAT, and INTL—are well-positioned to potentially outperform Solana’s predicted 2000% rally this October. Investors are actively accumulating these tokens in anticipation of significant gains during this bullish period.
With Intel Markets entering the scene and quickly establishing itself among seasoned competitors, it shows promise for future growth in the crypto market.
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Disclosure: This article is for educational purposes only and does not constitute investment advice.