⭐️ Top 3 altcoins to turn $100 into $1,000 in October

🔸 Cardano (#ADA )

After experiencing a period of decline and sideways trading following the March highs, Cardano (ADA) appears poised to take full advantage of the likely upward momentum in October.

Indeed, after falling 32% in the last six months, ADA’s fortunes have reversed and the cryptocurrency is up 10.53% in the last 30 days to its press time price of $0.39.

In terms of magnitude, the Cardano rally could see the token rocket toward $5, as its one-week Logarithmic Moving Average Convergence Divergence (1W LMACD) – a particularly decisive signal – has formed a bullish pattern already on September 24.

🔸 Uniswap (#UNI )

Like many other altcoins, Uniswap (UNI) has recently started positioning itself for the likely ‘Uptober’ rally.

Indeed, after rising in the initial quarter of 2024 and then experiencing a 31.36% plunge in the last six months, UNI is nearly 30% up in the last 30 days and has climbed 13.72% in the latest seven days of trading to its press time price of $7.63.

The current and likely future uptrend builds upon months of developments, including the July UniswapX upgrade that dramatically returned more Miner Extractable Value (MEV) while enhancing quoting speeds and trade execution, and the September ERC-7683 standard drive.

🔸 Shiba Inu (#SHIB )

So far, there has been no major crypto market rally or bull cycle that has not included meme coins, and Shiba Inu (SHIB), as one of the most prominent such cryptocurrencies, is well positioned to benefit from the October bullishness.

Though newer and smaller meme coins could likely see greater upsides than established tokens like SHIB, they also carry far more risk. They don’t have a proven track record and are prone to insider trades and manipulation.

Additionally, being well below its 2024 highs but also on a recent uptrend – an uptrend that saw a 32.89% 30-day rise to $0.00001847 – SHIB has significant momentum behind it and room for growth ahead.