Crypto's number two currency has enjoyed one of its best weeks so far this year as ‘Uptober’ finally sets in. This is the nickname given to October by many in the crypto market as it normally tends to be a period of great growth in years gone by. Although originally, it looked like the Israel-Palestine conflict could scupper any decent growth for the market that fear looks to have been put to bed. Ironically Ethereum (ETH) has Bitcoin (BTC) to count for its 13% growth in the last week. Bitcoin’s resistance to harsh market conditions reassured investors and now we have word that spot ETFs are making progress behind the scenes as the US dollar struggles.
Ethereum Surges Over 13% In 7 Days - Can It Hit $2,000 Milestone In October?
ETH has surged over 13% in the last 7 days as market conditions look bullish. It's the perfect time to invest in three exciting presales we review here.
Ethereum Surges Over 13% In 7 Days
Ethereum Surges Over 13% In 7 Days
All this positive news has had a trickle-down effect, and Ethereum has been one of the main benefactors of this. Meanwhile, it is perfect timing for investors to check out the presale market as we look to be staring into bullish conditions. Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC)) stand out from the competition and we will tell you why you should be investing in them right now.
Bitcoin Minetrix- Only a couple of days to get involved before price increase on this hot Bitcoin alternative
While Bitcoin is thriving its mining process has been suffering. What originally started as a decentralized activity has now become so large only the elite can afford to partake. Luckily Bitcoin Minetrix (BTCMTX) is about to hand the industry a landline through its genius stake-to-mine process which will put power back in the investor's hands.
The presale for Bitcoin Minetrix has been a runaway success. Already Over $2.25 million has been raised and we are only a couple of days away from the next stage and price increase. It's not just the mining solution that is driving investors toward the project, its staking rewards are unrivaled. As it stands the APY amounts to 262% which is as good as any project can offer and will be music to investor's ears.
So how does the stake-to-mine system work? Well, through a combination of cloud mining and staking, Bitcoin Minetrix will allow everyday investors to mine Bitcoin once again. Staked coins can be exchanged for secondary ERC-20 tokens that are called mining credits. These credits are then burned in exchange for mining time or a share of the yields. No hidden fees and the BTCMTX investor is always in control.
Meme Kombat- Not only can you play this awesome combat game but you can win big wagering on the outcome of battles
P2E games have hit a bit of a stumbling block in 2023 as it seems meme coins have taken over their market space. Meme Kombat ($MK) has taken the very clever step to combine both and make a meme/P2E game. The presale has really started to take off lately and is just about to hit the $700k mark as the word is spreading about its potential for big gains.
As many readers may have guessed, the game is based on one of the most famous combat gaming franchises of all time; Mortal Kombat. We always love it when blockchain games take this lead as it widens the net for potential players. In the game, you will fight with the market's favorite memes of the last 10 years. AI plays a big role too as it provides unrivaled gameplay and also makes sure battle outcomes are decided fairly.
The latter use of AI becomes much more important when you realize Meme Kombat is running a sportsbook-like wagering system. Players will be able to bet and win big on all outcomes of the fight. You can wager against friends or other players, straight up vs the computer, or even side bet on different markets like what the first move in the battle will be. Whatever your needs you will have unlimited entertainment opportunities playing this game.
TG.Casino- A crypto casino available on Telegram that cares about rewarding its customers
The last presale that we think is worth investing in before the upcoming bull run, is TG.Casino ($TGC). Its presale has already raised over $1.475 million and gamers are sure to be excited about this crypto casino that could become a main player in the industry immediately after its launch.
Perhaps its most important move is its partnership with Telegram. The casino will be accessible to anyone with the mega-popular messaging app meaning its potential customer base is absolutely huge. Also, they get all the benefits that come with the Telegram name, an app best known for its excellent security and privacy features.
Players will love the big gaming catalog that TG.Casino provides. However, what is most impressive is their commitment to their customers. If you stake $$TGC or gamble you will be rewarded. Every day the casino will buy open market $$TGC, 60% of these tokens will be used for rewards such as loyalty bonuses, while the other 40% will be burned thus increasing the worth of already staked $TGC. You can see why we think it could be the market's number-one crypto casino soon.
Ethereum is unlikely to hit $2k this month but don’t rule it out for November.
As you can see from the chart above the last 7 days have been great for Ethereum (ETH) investors. Nearly 14% growth is exactly what the doctor ordered. However, we still believe that a $2k goal by the end of the month is much too ambitious. The ETF process will still be slow and the Ethereum spot ETF news will likely come a while after the Bitcoin news.
We are not trying to pour water on the fire here; we think the growth could still continue. In fact, we think the $2k mark could be hit in December. ‘Uptober’ has the fancy nickname but actually, in the past, Bitcoin and major altcoins like Ethereum have actually experienced ever more growth in November. Given the weakening US dollar and the ETF progress, ETH could hit $2k next month.
Conclusion
So it's good news all around from us. Ethereum has enjoyed a great growth spell and we expect that to continue deeper into Q4, even if we are throwing a dampener on the $2k by November 1st hopes. Meanwhile, Bitcoin Minetrix, Meme Kombat, and TG.Casino are all hitting presale goals and look like no-brainer investments for the upcoming bull run.
- Previous Story
Traders Suggest This New Meme Coin Might Be The Next Bome - Next StoryRE Capital Commences Construction Phase For Industrial Project RUBIX In Geneva
