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The cryptocurrency market appears to have regained its footing, a sign of a potentially bullish October. One of the biggest indicators that a bullish wave is underway is the increasing volume of Bitcoin purchases.
At the same time, institutional investors are returning to the market. Aiming for a major entry at current prices is Ark Invest, one of the most pro-crypto funds. Given this profit potential, it makes sense to start looking at low-cost altcoins that could outperform the market if FOMO kicks in. Here are some of the most likely ones:
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Bitstamp is a leading cryptocurrency exchange offering fiat or cryptocurrency trading in general. Bitstamp is a fully regulated company that offers its users an intuitive interface, high security of their digital assets, excellent customer support and multiple withdrawal methods.
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XRP (XRP) kicked off the new month with good news. It won’t be long before investors realize it. That’s it. The excitement comes from Judge Torres’ order that documents written by William Hinman, formerly in charge of corporate finance, should be filed with the SEC.
A key point about these documents is Ripple’s speculation that Hinman may have written that Ethereum is not a security. Ripple lawyers can use his writings to add weight to their argument that XRP is not a Ripple security. There is speculation that if Ripple wins on this front, he could end the year with XRP up 50-100%. XRP is definitely one of the cryptocurrencies to watch in the coming weeks if purchase volumes continue to grow as it is now.
eToro
eToro offers a wide range of cryptocurrencies such as Bitcoin, XRP, as well as crypto-fiat and crypto-crypto pairs. eToro users can connect, learn, copy, and be copied by others.
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bit stamp
Bitstamp is a leading cryptocurrency exchange offering fiat or cryptocurrency trading in general. Bitstamp is a fully regulated company that offers its users an intuitive interface, high security of their digital assets, excellent customer support and multiple withdrawal methods.
Buy ADA now with Bitstamp
Cardano (ADA) is one of the cryptocurrencies with big news looming that could help it rise in the short term. The big news is Charles Hoskinson’s announcement that the age of Voltaire is pretty near. The move is expected to open up the ability for builders to create on Cardano, making it a leader in the latest technological developments in blockchain, just as Cardano has done with staking innovation.
This is a big deal and Cardano (ADA) could emerge as one of the best performing cryptocurrencies in the coming weeks once the broader market gains momentum. The odds are clearly in your favour.
eToro
eToro offers a wide range of cryptocurrencies such as Bitcoin, XRP, as well as crypto-fiat and crypto-crypto pairs. eToro users can connect, learn, copy, and be copied by others.
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bit stamp
Bitstamp is a leading cryptocurrency exchange offering fiat or cryptocurrency trading in general. Bitstamp is a fully regulated company that offers its users an intuitive interface, high security of their digital assets, excellent customer support and multiple withdrawal methods.
Buy SHIB now on Bitstamp
Shiba Inu (SHIB) is one of the memecoins that tends to do well in bull markets. Therefore, if the price of virtual currency rises in the short term, Shiba Inu may attract attention. One of the main factors triggering speculation about the Shiba Inu is whale activity.
Earlier in the month, Shiba Inu whales moved Shiba Inu worth millions of dollars to exchanges. This has sparked speculation that it may be planning a leveraged SHIB transaction. This, coupled with the ongoing Shiba Inu token burn, may continue to attract investors, especially if the market continues to gain momentum at a time when overall market volumes are increasing.
