Uptober is well underway, but which cryptos are prepared to capitalise on this historically hot period of crypto growth? Everyone is waiting with bated breath to see if Ethereum (ETH), Bitcoin (BTC), or Big Eyes Coin (BIG) will be the first to make big gains this autumn.
Could Ethereum (ETH) explode in Uptober?
What is Ethereum (ETH)?
Ethereum (ETH) is a global decentralised blockchain platform which facilitates the creation of secure digital technology. The native token of Ethereum is ETH. The Ethereum ecosystem is vast and growing steadily, with new innovations and developments being added continually.
Price and Market Capitalisation of Ethereum (ETH)
Over the last year, Ethereum (ETH) has experienced a downward trend which experts attribute to macro trends within the wider economy. These external forces, including inflation and political issues, have seen the value of Ethereum (ETH) crash. Decreasing in value from its ATH of $4,870, one ETH at the time of writing is priced at $1,325.66 with a market cap of $162,081,851,832. Ethereum has suffered along with other key cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE).
What does the future look like for Ethereum (ETH)?
Despite its decline and the current bearish market, Ethereum (ETH) might still grow in this historically prolific month of Uptober, a time when cryptocurrencies have previously thrived. Although Ethereum has had a difficult year along with the rest of the cryptocurrencies, it has been able to develop, innovate, and expand; with new DAOs, dApps, and applications across a variety of industries. Many experts still swear by ETH as an investment staple, and it is likely that it will grow throughout the exciting October period.
Will Bitcoin (BTC) Be Able To Reach Its ATH Again?
What is Bitcoin (BTC)?
Bitcoin (BTC) is a cryptocurrency designed to be a form of decentralised payment with no central hierarchy of power and control. It was launched in 2009 by a group of developers using the name Satoshi Nakamoto. Bitcoin (BTC) is the most popular and well-known cryptocurrency in the world, with an impressive legacy of many other cryptocurrencies and blockchain projects.
Price and Market Capitalisation
In November 2021, Bitcoin (BTC) reached its ATH of $70,000 per BTC, and since then, it has fallen dramatically. One BTC is now, at the time of writing it is priced at $19,535.27 and has a market cap of $374,558,650,855. Regardless of its losses, Bitcoin (BTC) is still at the top of the cryptocurrency rankings and makes it a very sought-after investment. Despite its current downward trend, experts are still adamant that Bitcoin (BTC) will hit $1 million per coin by 2030. However, this remains to be seen.
What Does The Future Look Like For Bitcoin (BTC)?
Many people are intrigued to find out if Bitcoin (BTC) will rise to the heights of its glory days. However, this could take some time as recent macro market conditions have caused it to plunge below $18,500. It is likely, therefore, that the wider economy will need to recover from inflation and rising interest rates before Bitcoin reaches its ATH again.
Will Big Eyes Coin (BIG) launch to the moon in Uptober?
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a community-based meme coin currently racing through the fifth stage of its presale, with over $8 million raised so far. This meme coin is a homage to a very cute manga-style kitten who loves fish and wants to save them from the effects of climate change.
Tokenomics and Tax-Free Shopping
To achieve this charitable goal, it has set aside 5% of its tokens for a visible charity wallet intended for a charity that’s helping to clean up waste from the oceans. Alongside its sustainable charitable drive, Big Eyes Coin (Big) is also intent on looking after its community and moving wealth into the Defi. With zero tax on shopping for Big Eyes Coins (BIG), this coin will no doubt fill the Defi with wealth and holders in no time.
What does the future look like for Big Eyes Coin (BIG)?
Unlike Ethereum (ETH) and Bitcoin (BTC), Big Eyes Coin (BIG) has been able to grow steadily in the run-up to October (the statistically hottest month for the crypto market). This rapid growth saw it raise an impressive $500K in one day. This is a very good indication of what is in store for this cryptocurrency. With impressive growth and a top-tier CEX already secured, it is likely that Big Eyes (COIN) will continue to grow rapidly throughout Uptober and be ready to launch to the moon in no time.
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