4 altcoins that are ready to take off in October
Renowned investor Raul Pal believes that Solana will show one of the best results in the current cycle and may well follow the example of a bullish cycle in 2017. According to Pal, Solana will outperform Cardano. Trader Scott Melker believes that Solana is coming out of its downtrend and is ready to return to its all-time high. The other day, cryptocurrency investment firm Grayscale added Solana to its Digital Large Cap Fund trust.
FxPro advises "to pay attention to Cardano, which has recently significantly sagged in price. The Chinese factor influenced the fall in price, but soon there may be a reversal of the rate.
"Digital silver is considered an undervalued asset in the community, worth investing in October even without local corrections.
We should not forget about DeFi sector in the person of AAVE coin, which has already brought its investors a big profit. It has been declining lately, and in October the project may start to recover its position.
As before, it is worth investing part of the portfolio in projects with real mobile wallets, including WAVES and Crypto.com," notes FxPro's team of analysts.