The cryptocurrency market faced a slight correction post-weekend, with the global market cap dipping 1.7% to $2.37 trillion. Despite the recent correction, September has been quite a bullish month for the crypto sector. Bitcoin (BTC) went from sub-$54,000 levels in early September to above $66,000 by the end of the month.
Historically, October has been a bullish month for the cryptocurrency market. Analysts have highlighted that when September ends in profits, the last three months of the year are particularly bullish.
With that said, let’s look at three crypto assets you can watch in early October 2024.
Also Read: Powell’s Rate Cut Hints: Crypto Market Set for a Boost?
Top 3 Cryptocurrencies To Watch In October 2024
1. Bitcoin (BTC)
BTC is the market leader, and other assets will likely not move much without BTC rallying. Historically, October has been a bullish month for the original crypto.
Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When
According to CoinCodex’s data, BTC could hit a new all-time high this month. The platform predicts the cryptocurrency will hit a new peak of $86,267 on Oct. 28, 2024. Reaching $86,267 from current levels will result in a rally of about 34.89%.
2. Pepe (PEPE)
PEPE is among the best-performing cryptocurrencies of the last year. The meme coin has displayed stellar performance since its launch in April 2023.
CoinCodex analysts anticipate PEPE to hit a new all-time high this month. The platform predicts the frog-themed cryptocurrency will peak at $0.00003621 on Oct. 29, 2024, a rise of about 221.8% from current levels.
3. dogwifhat (WIF)
WIF is another popular meme coin that has made waves within the crypto community. The Solana-based meme coin has given incredible returns since its launch late last year.
Also Read: Ripple To Break Consolidation? When Will XRP Claim Its $0.74 Level?
CoinCodex researchers anticipate the meme cryptocurrency hitting a new all-time high of $8.46 on Oct. 29, 2024. A rally of about 231.76% would result if it hit $8.46 from current price levels.
