Top 10 Coins for October 2024

Summary

In this video, the host discusses the top 10 cryptocurrencies to watch in October 2024, a potential start to a bullish market. Telegram's TON is highlighted due to its network effect and user base, despite legal issues. Other coins like SUI, Pyth, and NEAR are also看好 due to their ecosystems and potential for growth. The host suggests keeping an eye on tokens related to AI and crypto, and mentions meme coins like Floki and Pepe for their potential upside.

Takeaways

• 📈 Top 10 Coins for October 2024 are anticipated to start the bull run.
• 💡 TON (Telegram Open Network) is considered promising despite legal issues due to potential user base and network effect.
• 🎮 Games like Caton's and Hamster Combat are popular on Telegram, indicating strong marketing and network effects.
• 🚀 SUI is highlighted as a low market cap project with significant hype and a user-friendly blockchain.
• 🔮 PYTH is seen as a promising Oracle solution, especially with adoption by TON and Solana.
• 🌐 NEAR is valued for its potential in both AI and crypto, with partnerships and positive market sentiment.
• 💻 R&DRR is expected to benefit from AI and crypto industry hype, despite past network issues.
• 💰 TIA has secured substantial funding, indicating potential for network and ecosystem expansion.
• 📈 SEI, though less known, has a lower market cap and room for growth similar to SUI.
• 🌌 AERROW Drome is growing and could be a good investment, despite concerns about token dilution.
• 🐶 FLOKI, a meme coin, is still considered bullish due to association with Elon Musk and potential ecosystem development.
• 🌀 CENT (Centrifuge) is suggested as a riskier but potentially higher ROI option compared to Ando, which has an upcoming token unlock.

Q & A

What is the significance of discussing the top 10 coins going into October 2024?

October 2024 is anticipated to be the start of a bull run in the cryptocurrency market, making it crucial to identify promising coins that could potentially perform well during this period.

Why is Ton mentioned as a positive investment despite legal issues?

Ton is seen positively because its founder, Durov, is working with the government to resolve legal issues. This cooperation is viewed as a positive step that could alleviate tensions and enhance the project's prospects.

How does the speaker view Telegram's potential in relation to Ton?

The speaker believes that Telegram's user base will not significantly decrease and that Ton will use Telegram to promote its services, leveraging the network effect and marketing capabilities of Telegram.

What is the speaker's opinion on the recent network issues faced by Telegram?

The speaker acknowledges Telegram's recent network issues but draws a parallel with Solana, which also faced issues but eventually became successful, suggesting that Telegram could overcome its challenges.

Why is Sui considered a promising investment according to the speaker?

Sui is considered promising due to its lower market cap compared to Telegram, the hype surrounding it, the quality of its blockchain, and its potential to follow in Solana's footsteps with effective marketing.

What does the speaker think about Pyth as an investment?

Pyth is seen as a strong investment option because it is an Oracle with significant promise, especially with adoption by top chains like Solana and Ton, positioning it to become a major Oracle in the market.

Why does the speaker believe in the potential of NEAR Protocol?

The speaker is bullish on NEAR Protocol because it integrates both AI and crypto, which are currently popular sectors. The speaker also notes that positive statements from influential figures could lead to price pumps for NEAR.

What are the speaker's thoughts on R&D (Render and Development) in the context of the cryptocurrency market?

The speaker is positive about R&D because of its association with AI and crypto, its partnerships, and its potential to render 3D models for major companies like Apple. Despite past troubles, the speaker believes R&D has recovered and is poised for growth.

Why is the speaker cautious about investing in Tia right now?

The speaker is cautious about Tia due to its recent significant price increase of 20-25%, suggesting that it might be overvalued at the moment and recommending caution before investing.

What is the speaker's view on SEI as an investment opportunity?

SEI is seen as a potentially good investment due to its lower market cap compared to Sui and its room for development. The speaker believes that even if SEI does not grow as large as Sui, it could still offer similar returns due to its lower starting point.

Why does the speaker recommend looking into Aerodrome and Velodrome?

Aerodrome and Velodrome are recommended because they are growing rapidly, and there is speculation about a potential base token. The speaker suggests that if a base token does not materialize, investors might default to Aerodrome and Velodrome as base-related tokens.

What is the speaker's opinion on Flaky as a meme coin investment?

The speaker is bullish on Flaky despite having lost their tokens, believing in the coin's ecosystem development and its association with Elon Musk's pet dog, which could lead to a price pump during a bull run.

Why is Centrifuge considered a better investment than Ando according to the speaker?

Centrifuge is considered a better investment than Ando because of its lower market cap and higher potential for return on investment, despite the risks. The speaker is concerned about a large token unlock for Ando in January, which could affect its price.