Bitcoin investors were probably biting their nails last week as the token closed below $110K for the first time since August 28.
Those nails didn’t see much damage though, as Bitcoin has since bounced sharply, gaining 5% over the next five days and now trading around $114K as we head into October – fondly known as Uptober.
Why? Historical chart patterns highlight a clear trend: Bitcoin has delivered an average return of 29.23% in October, only to be outdone by November with an average return of 37.64%.
Even more striking, this typically follows a sluggish September, which is also the case this time around as despite some gains, $BTC has mostly been flat.
Read on as we unpack what could be in store for Uptober. We’ll also suggest the best crypto presales to watch to make the most out of this opportunity.
Bulls Back in Action
Exchange data shows that around 170K $BTC has left exchanges in the last 30 days. This suggests that market participants are buying more $BTC rather than selling, despite its recent 10% dip.
Plus, data from Binance tells us that there aren’t many sell orders above $115K, meaning $BTC wouldn’t need heavy buying pressure to cross those levels.
However, Bitcoin technical charts reveal a CME gap between $111,300 and $110,900, following a strong rally during the weekend.
That said, such a dip might trigger fresh buying, as it would still be above its long-term support at $110K. And with October’s historical tailwinds, $BTC may well make fresh highs this month.
With Uptober less than a day away, it’s high time you load up your crypto ammunition. However, just any token won’t do the trick. Here are some of the best altcoins you can buy right now.
1. Bitcoin Hyper ($HYPER) – Layer-2 Bitcoin Solution for Web3 and Faster Transactions
Bitcoin Hyper ($HYPER) is a Layer-2 addition to the Bitcoin blockchain, powered by Solana Virtual Machine (SVM) integration.
Currently, if you’re holding Bitcoin and want to participate in the DeFi space, you usually have to bridge your $BTC to another blockchain like Ethereum or Solana, use it in their Web3 ecosystem as a wrapped token, and then bridge it back to Bitcoin once you’re done.
Not only is this inconvenient, but you also end up paying hefty gas fees in the process. All of this stems from the lack of Web3 compatibility on the Bitcoin blockchain.
However, that’s about to change with Bitcoin Hyper. Its SVM integration allows developers to build dApps and execute smart contracts directly on Bitcoin.
Next, the non-custodial canonical bridge ensures you can engage in Web3 activities such as DeFi trading, staking, lending, borrowing tokens, or even buying NFTs without sacrificing Bitcoin’s native L1 security.
Smart investors have already recognized $HYPER’s potential, pouring $19.3M into its presale so far. And it’s not just retail investors driving the momentum.
Only yesterday, three whales scooped up $113.8K, $109.9K, and $105.4K worth of $HYPER, respectively.
Right now, you can buy $HYPER for just $0.013005. And as per our Bitcoin Hyper price prediction, the token could soar to a high of $0.32 in 2025, delivering massive 2,360% gains.
Visit Bitcoin Hyper’s official website to learn more.
2. Snorter Token ($SNORT) – Telegram Bot That Allows You to Swipe Liquidity in Meme Coins in a Jiffy
Snorter Token ($SNORT) is the in-house cryptocurrency of the Snorter Telegram bot, which aims to solve a critical crypto issue.
If you want to succeed as a Solana meme coin trader, you not only need to be nimble in thought and strategy but also able to execute transactions in the blink of an eye.
Large investors usually delegate this execution legwork to advanced trading bots that operate at lightning speed. Retail investors simply can’t compete with that level of computerized execution.
This is where the Snorter bot comes in. Traders can punch in their buy/sell, limit, and stop orders directly through the Telegram bot.
Just like advanced trading algorithms, the bot will swipe liquidity in an instant, executing your trades without you having to lift a finger.
Another good thing about the bot is that it allows you to copy trades from successful traders on the blockchain. This helps you understand how the markets work and how top traders think.
Also, let’s not forget the top-notch security offered by Snorter. It uses MEV-resistant layers so you don’t fall victim to honeypots or rug pulls. The bot even protects you from sophisticated sandwich attacks.
While this is already turning out to be an attractive proposition for small traders, buying $SNORT further unlocks a whole new realm of benefits.
- Access to advanced market insights and analytics
- No daily sniping limit
- Attractive staking rewards currently yielding 114%
- Reduced trading fees – just 0.85% vs. 1.5% charged to non-holders
Currently in presale, $SNORT has already raised over $4.17M, with each token priced at just $0.1065.
According to our Snorter Token price prediction, a $100 investment today could turn into $882 before the year ends, as the token could hit $0.94.
Join the Snorter Token tribe before the presale ends in 20 days.
3. Remittix ($RTX) – Crypto-to-Fiat Payment Solution with 0 FX Fees
Despite being a new cryptocurrency project, Remittix ($RTX) – a PayFi solution – has already raised a whopping $26.8M so far in its ongoing presale.
What makes $RTX the next 1000x crypto is its unique model that simplifies cross-border transfers.
It’s a crypto-to-fiat payment solution that lets you send cryptocurrency to anyone, and they receive it as fiat currency directly in their bank account.
Usually, when you send money abroad, hefty forex fees eat into the transfer amount. However, Remittix charges zero forex fees, ensuring no hidden losses.
What stands out most is its same-day transaction processing. This is starkly different from traditional cross-border payment systems, which can take anywhere from 2 to 5 business days, if not more.
The platform is also currently hosting a $250K giveaway, where 10 winners can take home $25K each. All you have to do is buy at least $50 worth of $RTX and complete certain quests.
Each $RTX token is currently available at just $0.1166, with a price increase right around the corner.
Disclaimer: Investments in crypto are highly risky due to the market’s volatility. Kindly do your own research before investing. This article is not financial advice.
Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/best-crypto-presales-to-watch-as-bitcoin-reclaims-114k-ahead-of-uptober
