October, popularly called “Uptober,” had some big highlights, from Bitcoin (BTC) hitting $73,000 to altcoins exploding. Dogecoin (DOGE), the top meme, was on a roll, as it skyrocketed, while Sui (SUI) registered an all-time high.
Additionally, DTX Exchange (DTX), one of the top ICOs, crossed $6.4 million in early funding, hailed as the best presale. Its unique offering as a hybrid trading platform that combines the best elements of CEX and DEX and its significant upside potential are behind the soaring interest.
DTX Exchange (DTX): October’s Best Presale
DTX Exchange (DTX) was in the spotlight in October, making headlines for its remarkable ICO performance. It crossed $6.4 million in early funding, cementing its status as an investor favorite. As it approaches its much-anticipated debut, it has been hailed as the best presale to invest in.
The ICO is in the fourth round, selling out quickly. It is heavily discounted at $0.08, labeled as a low entry into the future of trading. Considering the projected 65x jump in value after its launch and listing on Tier-1 exchanges, it is poised to outclass Dogecoin (DOGE) and Sui (SUI).
With the token already pre-listed on CoinMarketCap, it is a new DeFi project to watch out for. Moreover, its hybrid exchange protocol is set to shake up the $10 billion global trading scene. It will combine CEX and DEX elements like distributed liquidity pools, wallet-based trading and non-custodial storage, striking a balance between security, privacy and accessibility.
Dogecoin (DOGE): 50% Upswing on the Monthly Chart
Dogecoin (DOGE) is undoubtedly one of the best altcoins. Despite the lack of real-world applications, its value is driven by its memetic appeal as the first dog cryptocurrency. Since its debut in 2013, it has built a cult-like community, which continues to be a bullish catalyst.
It had a remarkable October, soaring from a low of $0.1 to crossing $0.17. While there has been a slight decline, the Dogecoin price is above $0.16—a 50% upswing on the monthly chart. With more room for growth, it is one of the best coins to invest in, with TradingView’s simple moving average (10) at $0.15012 hinting at “buy.”
November promises further gains for Dogecoin (DOGE). The dog-themed cryptocurrency is set to cross $0.3 in the coming weeks, with the US election set to be a catalyst. To make the most of the upcoming bullish wave, DOGE is a good crypto to buy.
Sui (SUI): Registered an ATH
The Layer-1 blockchain and altcoin Sui (SUI) soared in popularity in October. Its blockchain gained more exposure, attracting projects, developers and even meme degens. The price also skyrocketed, creating an all-time high.
Outperforming most top altcoins, Sui (SUI) registered a peak price of $2.36 on October 14. This feat highlights its remarkable performance months prior—over 200% gain in the past 90 days. In just October, it is up over 10% and sentiment is still bullish. TradingView’s simple moving average (30) is at 1.9672, hinting at “buy.”
The 15% decline from its all-time high, considering the Sui price hovers around the $2 support, presents a low entry. With the price in an attractive and demand zone, its next upswing is on the horizon, positioning it as a top crypto to invest in.
Conclusion
October might have fallen below expectations but it was good overall. Dogecoin (DOGE) exploded and Sui (SUI) hit an all-time high. Meanwhile, DTX Exchange (DTX) led the ICO market, hailed as the best presale. Its unique hybrid approach to trading and substantial growth prospects drive huge demand and interest.
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