In the ever-fluctuating world of cryptocurrency, the month of October has historically presented an exciting prospect for traders and investors. Often referred to as “Uptober” within crypto circles, this month has seen Bitcoin average gains of 21% since 2013. Despite some downturns—most notably a 13% drop in 2014—October has generally been associated with market optimism as institutional money returns and the summer trading lull dissipates.
This year, the outlook for October appears particularly promising. With Bitcoin hovering near its all-time highs, analysts anticipate significant movement not only in Bitcoin but also in various altcoins, potentially leading to substantial price fluctuations across the board.
In light of this optimistic sentiment, an AI analysis provided insights into three notable altcoins that may experience significant growth during October:
### 1. PEPENODE (PEPENODE)
PEPENODE has been highlighted as a project to watch, having raised over $1.3 million in its presale. It combines elements of “degen” culture with GameFi utility, introducing a unique “Mine-to-Earn” mechanic that allows participants to create virtual mining rigs in their browsers and earn passive crypto rewards. Notably, when players upgrade their rigs, 70% of the tokens used are burned, adding a layer of scarcity to the ecosystem.
PEPENODE is launching at a time when the GameFi sector is gaining momentum, recently reaching a market cap of $17.9 billion and seeing a significant increase in trading volumes. Currently priced at $0.0010702 with staking APYs of up to 969%, analysts believe this token could see returns of 10x to 20x following its decentralized exchange listing, with potential for even greater gains if another “meme coin season” unfolds this October.
### 2. Keeta (KTA)
Keeta presents itself as a robust investment with verified performance data. Its team has stress-tested its Layer-1 blockchain, achieving an impressive capacity of 11.1 million transactions per second—far exceeding that of major competitors like Solana and Ethereum. Keeta’s architecture focuses specifically on institutional needs, which could prove beneficial as the market for real-world assets continues to grow.
With a stable trading volume of $23 million over the last 24 hours, Keeta offers considerable liquidity for traders. Analysts suggest that with the KTA token currently around $1.10, a price increase of 2x to 3x is feasible during the upcoming month.
### 3. Snorter (SNORT)
Rated as the most ambitious prospect among the three, Snorter has raised upwards of $4 million in presale funding, indicating strong pre-launch demand. Its connection to the Solana blockchain, which has seen significant appreciation in value this past year and boasts a total value locked (TVL) of $12.1 billion, positions Snorter advantageously.
In addition to being a meme coin, Snorter brings utility through its integration with Telegram, offering trading bots equipped with rapid sniping tools and rug-pull detection features. The current staking of 21.5 million SNORT tokens suggests a locked supply, potentially driving up prices when the token is publicly listed. Predictions range from a 5x to 10x increase shortly after launch, with some estimates suggesting up to 25x if market conditions align favorably.
With “Uptober” approaching and these promising altcoins on the radar, investors are urged to conduct thorough research before making any financial decisions.