🚨 Best Buys October 2024
5 Profitable Opportunities
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Today, we’ll give an overview of our favorite altcoins of the month.
October 2024. Where it’s all going?
In October, the crypto market cap grew by 6.6%, and Bitcoin hit $70K, reaching a new high since June.
The Fear & Greed Index indicates that we are currently in ‘Greed’ Mode.
This allows us to leverage momentum and capture (also) some short-term gains.
Best 5 charts of the month
1. Solana continues dominating in fundamental metrics (link)
2. BTC is up ~400% since hitting its cycle low (link)
3. A.I. amount raised rose to more than $213 million for Q3 (link)
4. The number of daily transactions in the Ethereum ecosystem has increased 5x since the start of 2023 (link)
5. Uniswap accounts for almost half of total DEX Total Value Locked, making this protocol by far the largest DEX at the moment (link)
Best Buys October 2024
Now let’s dive into our favorite crypto for October 2024.
We only mention tokens that can be found within our watchlists and portfolios.
Let’s dive in!
5. Maple Finance ($MPL)
Maple is an institutional capital marketplace that operates on the blockchain. It provides a platform for credit professionals to manage lending businesses and syndicate capital to institutional borrowers for business growth and operations. Maple focuses on serving institutional and individual accredited investors with high-quality lending opportunities that match their liquidity, risk, and return requirements.
Maple is down more than 65% from ATH and outperformed BTC in the last 3 and 12 months.
The Basics:
Sector: DeFi
Vertical: Lending, RWA
Market Cap: $188M
24H Real Volume: $1.84M
X Community: 36.9K