October is starting a critical period for the cryptocurrency market. During this process, following expert traders in the field can make it easier for you to understand the trends in the market. Here are five important cryptocurrency traders to keep an eye on this month:
Miles German
Miles Deutscher, who is especially known for the valuable information he provides to his community, is quite popular on the X platform with 541,500 followers. He draws attention with his posts on altcoins and meme coins. On September 25, he listed altcoins and meme coins that could potentially perform well in Q4 2024. This list includes AI-themed tokens such as Bittensor (TAO), Artificial Super Intelligence Alliance (FET), and NEAR Protocol (NEAR). In addition, altcoins such as Sui (SUI), Fantom (FTM), Pepe (PEPE), and Sundog (SUNDOG) are also among his suggestions. He stated that FTM could reach $1 with the Sonic upgrade.
Daan Crypto Trades
Daan Crypto Trades is a trader with over 383,000 followers on X and also runs a YouTube channel. He provides insights into the price movements of Bitcoin (BTC) and altcoins. He has recently emphasized that BTC’s performance is healthy and could rise even higher. He released an analysis video on how prices could be affected after the FOMC meeting four days ago. The analysis suggests that the market could remain in a bullish period from October 2024 until the end of the year.
Scott Melker
Scott Melker, known as the “Wolf of All Streets,” is notable for his 960,000 followers. Melker runs a YouTube podcast focused on Bitcoin. In an episode published on September 27, he suggested that the bull run may be back. He said that with increased liquidity, Chinese billions of dollars in capital could help Bitcoin stay above $65,000. He also shared important insights into Ethereum (ETH).
These traders offer excellent resources to deepen your market analysis and optimize your portfolio. It is useful to follow these names to be successful in the cryptocurrency market.