Four altcoins that could reach all-time highs in October
LayerZero, #Sui , #BNB and MANTRA are four of the top 100 #altcoins that could reach all-time highs in October 2024.
ZRO could rise 30% to $6.55, while Sui could reach $2.25 thanks to institutional investor confidence and bullish momentum. BNB and OM show potential to reach new highs, with the former reaching $725 and the latter $1.50. October is historically a bullish month for altcoins and cryptocurrencies in general. Gaining momentum thanks to rising demand and favorable market conditions, some altcoins are close to breaking their previous all-time highs.
This analysis looks at four altcoins that will experience explosive growth in the coming months and outlines their potential to reach all-time highs in October 2024. The list includes LayerZero (ZRO), Sui (SUI), Binance Coin (BNB), and MANTRA (OM).
LayerZero is a multi-chain communication protocol designed for cross-chain communication between blockchain networks. Its native #token , ZRO, is currently trading at $5.06 USD and has risen in price by 27.70% over the past 30 days.
the ZRO price increase is due to the project's recent decision to redistribute unclaimed ether among active wallets. This decision sparked a new wave of investor interest in the token, which is currently 7.72% below its all-time high of $BTC This makes LayerZero one of the altcoins that is expected to surpass its previous peak in October. On the daily chart, the price of ZRO has formed an ascending triangle, with the token hitting a low, indicating bullish momentum.
ZRO could cross this threshold and grow by 30% in October. If that happens, the altcoin could reach an all-time high of $6.55. However, if the altcoin fails to maintain its gained momentum next month, the token's price could fall to $ 4.39.
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