Looking at the predictions for some cryptocurrencies for this month, it might seem that we will not witness "Uptober", i.e. their growth in value, but an unstable and uncertain October. This naturally brings fear and concern among crypto traders.??
The Reason For October's Bearish Crypto Prices & 4 Exciting New Coins That Traders Are Buying
Don't let October's bearish crypto prices scare you, but get a little deeper insight into the current state of the crypto world, and grab those coins that are blooming, despite the current circumstances!
Crypto
Crypto
However, it seems that 4 exciting new coins will manage to erase traders' fear and bring them joy. These are Bitcoin Minetrix ($BTCMTX), Meme Kombat ($MK), TG. Casino ($TGC) and eTukTuk ($TUK) - young and promising coins that are already recording outstanding results. So let's see if they will indeed bloom during October, but before that, let's see, what is the main reason for October's bearish crypto prices.?
Why are certain cryptocurrencies experiencing a drop in value this October??
The October prices of some cryptocurrencies are currently looking bearish, and the reason for that could be that the Federal Reserve hinted at another interest rate hike that we could witness by the end of 2023. Another reason could be related to the predictions that the interest rates could remain higher for longer than expected, and that is very likely to further affect the decrease in the value of certain coins during October. This situation brought fear and uncertainty among traders who are now considering investment options with extra caution.?
The fact is that the mentioned reasons have already affected certain cryptocurrencies, primarily the world's most famous crypto, Bitcoin, which in the past 24 hours experienced a drastic drop in value and experienced bearish failure and fell to $27,089. Bitcoin is just one of many cryptocurrencies that are experiencing a loss of value this October due to the aforementioned reasons, but, fortunately, some young crypto projects are so powerful and innovative and have so big community support, that they will not only manage to survive this October, but they will achieve very good results!?
Bitcoin Minetrix ($BTCMTX): A young, exciting, and high-potential coin that traders are buying despite October's bearish crypto prices!?
The first on the list of coins that traders are excited to buy this October is "an improved version of Bitcoin that offers much more": Bitcoin Minetrix ($BTCMTX).??
Bitcoin Minetrix ($BTCMTX) has been rated as "the best alternative for Bitcoin mining" since the beginning of its "career", and we can see that traders are already in love with this young crypto from the fantastic presale results. In record time, Bitcoin Minetrix ($BTCMTX) managed to raise almost $1 million, which certainly positions it on the list of the best crypto presales at the moment .??
One of the main reasons for the success of Bitcoin Minetrix ($BTCMTX) is the fact that this crypto project introduces a novelty in the crypto world, which is stake-to-mine, that is, a method that combines the benefits of staking and crypto mining. The second reason is very probably the current great price of the $BTCMTX token (only $0.011 per coin), and the third reason is related to positive predictions that show that this young and exciting coin could very soon achieve massive gains, despite the current bearish crypto market.?
Meme Kombat ($MK): A fresh and exciting young coin that provides real fun!?
Despite the current situation and October's bearish crypto prices, some coins are flourishing! One of those coins is Meme Kombat ($MK), whose presale records fantastic results, and a coin for which interest is growing day by day.??
Of course, when it comes to crypto presales, users simply want to take advantage of the opportunity to invest in a certain coin due to the current low price, but in the case of Meme Kombat ($MK), there are additional things that "force" traders to buy $MK coin.?
The idea itself, that within the Meme Kombat ecosystem and Battle Arena, users are allowed to have fun and enjoy this battling platform for meme characters, is something completely new in the crypto world. So, by owning $MK tokens, you can step into the Meme Kombat Battle Arena and bet on the most popular meme characters, and this simultaneously provides you with an opportunity to make a profit, but also an opportunity to generate passive income.?
In addition to the fact that Meme Kombat ($MK) is a coin that will provide you with real fun, it also gives you the chance to achieve a nice return on your investment in the future. Crypto experts are extremely optimistic about the future growth of the $MK token, believing that it could achieve up to 100x gains. So take advantage of the current good price, and invest in this exciting young coin as soon as possible!?
TG. Casino ($TGC): An exciting young coin that is redefining the online gambling industry!?
Young crypto casino token, TG. Casino ($TGC), is also one of the coins that are flourishing, and which will show its full potential during October! This exciting crypto redefines the online gambling industry, thanks to its "friendship" with the Telegram messaging platform. TG. Casino managed to immediately attract the attention of users and managed, in just a few days of presale, to raise more than $700,000!?
According to crypto experts and crypto analysts, the power of integration of the Telegram platform, which has more than one billion users, will be reflected on TG. Casino in days to come, because it is expected that in the coming period, a huge number of those users “get to know” the $TGC token, and realize that this is an opportunity not to be missed! Keep in mind that the price of $TGC tokens will never be this good again, so hurry up and invest in the best gambling coin ASAP!?
eTukTuk ($TUK): Another young crypto project with solid potential.??
Finally, we will mention one more young coin that seemed extremely interesting at first glance. It is eTukTuk ($TUK), a crypto project whose idea, we will agree, is more than interesting. The idea of offering the users of developing countries an eco-friendly and sustainable, green solution to the problem of transport, expectedly, at the beginning of the presale, caused great excitement.??
However, it seems that user interest has dropped significantly, so presale is now moving much slower. It seems that eTukTuk ($TUK) and its green approach are still not enough for the success of this project and that users prefer to invest in coins that are set for big gains and come with many other benefits. eTukTuk ($TUK) has solid potential for the future, but users still prefer to opt for some of the previously mentioned coins.?
Conclusion?
If you listen to the advice of those who have experience and knowledge about the crypto world, October's bearish crypto prices should not scare you. Yes, it is a fact that some coins are drastically losing their value, but it is also crystal clear that some coins will explode during October! So, be wise in your next crypto-related decision, and invest in Bitcoin Minetrix ($BTCMTX), Meme Kombat ($MK), or TG. Casino ($TGC), because apart from being set for huge gains, these coins can currently be bought at a very good presale price!?
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