The crypto market is still in an uncertain position. So, most investors are wondering when we’ll see better stability or if it’s time to sell their tokens to avoid incurring major losses. However, some have been on the lookout for projects that have shown signs of growth in recent days.
We are already midway through October. And some projects have shown remarkable growth. This article will explore three of the top coins that grew the most during the second week of October. Let’s look at our coins.
Halfway through October and #Bitcoin is currently 4.23% in the positive. #UPTOBER is alive and well thus far
Do you think we will end this month bullish pic.twitter.com/u3M6Ovv3Vf
— Crypto Tony (@CryptoTony__) October 17, 2023
1) Bitcoin SV
Bitcoin SV (BSV) clinched the top spot among the top 100 cryptocurrencies with an 18.9% surge in the past 7 days. BSC currently trades at $39.47. And it has a 24-hour trading volume of $79,4 million. It has a circulating supply of 19.2 million BSV and a market cap of $763.8 million.
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Earn rewards up to USD 100K while exploring cutting-edge blockchain technology.
Join the hunt today: https://t.co/HLTIIRPyeC
— Bitcoin SV (@Bitcoin_SV_) July 31, 2023
One of the possible reasons for BSV’s growth is the belief that we could see another bull run begin in October. Such hopes were raised on Monday after reports emerged that the SEC had approved iShares’ spot ETF application. But the news was fake.
Bitcoin SV claims to exist to fulfill the main plans of the Bitcoin chain, as contained in Satoshi Nakamoto’s white paper. Bitcoin SV seeks to provide stability and scalability in line with the original idea of Bitcoin as a peer-to-peer electronic cash system. It also offers a distributed data network that can accommodate advanced blockchain applications.
Slovenian Bitcoin Masterclass by @Dr_CSWright delves into the world of distributed systems.
Learn about:
🟡 Multicast and IP2IP
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🟡 Linking, indexing, and searching for informationWatch the session: https://t.co/nJo8w682vM
— Bitcoin SV (@Bitcoin_SV_) July 13, 2023
The news jerked up the entire crypto market by 2.75%. BSV saw a hike in its price following the news. In the last 7 days, the price of BSV grew 18.9%.
Rollbit Coin (RLB)
A few weeks ago, the price of the RLB token tanked so badly that everyone wondered if it would drop to zero. Surprisingly, the coin was one of the standout cryptocurrencies during the second week of October. The RLB price surged by 17.8% in the last 7 days.
RLB currently trades at $0.1429 and has a 24-hour trading volume of $4,5 million. In addition, RLB has a market cap of $469.8 million. Data suggest that there’s been an increased demand for this coin. Buyers are eager to enter the market at its current price.
🔥 Rollbot.eth, the $RLB maestro! With 1.426M $RLB bought at an average of $0.135, equivalent to $193K, their recent acquisition, amid a 10% surge. Seriously, how bullish are they with $RLB 🤑https://t.co/ou6e2CeToO
— Wallacekk7745 (@Wallace11801561) October 16, 2023
Market sentiment and technical data suggest a bullish trend for this coin.
The RLB token was launched as part of the Rollbit lottery. There was no ICO for the token. Instead, Rollbit airdropped the token to the users of Rollbit.com, its casino and trading platform.
Rollbit sees itself as the biggest crypto casino and has attracted a lot of interest from gamers and gamblers. Rollbit has other offerings aside from casino games. It provides futures trading with 1,000 leverage. Notably, the RLB token has no inflation. And that’s partly because the team buys back and burns RLB from their revenue.
It has been 10 weeks since the RLB Dashboard began tracking Rollbot's hourly buys & burns!
Last week we surpassed 20,000 holders and burned $1,147,222 worth of $RLB! https://t.co/LeeUoKepXc pic.twitter.com/0VkUlwBcgM
— Rollbit (@rollbitcom) October 17, 2023
Rollbit recently ventured into the Italian betting market by becoming the official partner of the Italian football team Napoli.
3) Stacks (STX)
Our final project is Stacks. STX has been up by 9.2% in the last 7 days. It currently trades at $0.5534, with a 24-hour trading volume of $22.3 million. Stacks is like any layer 2 chain, but it’s built on Bitcoin.
Welcome to #Stacks 💜 👇
⭐ A #Bitcoin layer for smart contracts
⭐ Enabling smart contracts and decentralized applications to trustlessly use $BTC as an asset
⭐ Settling transactions on the #Bitcoin blockchain
⭐ Unlocking #Bitcoin Decentralized Finance, NFTs, BNS, and more pic.twitter.com/VoHnypE1dx— stacks.btc (@Stacks) February 21, 2023
Unlike Bitcoin, Stacks can handle smart contracts and Dapps. It also covers different areas, such as finance or NFTs, but also social or wallets.
In conclusion, it’s safe to observe the coins listed in this article in the coming days before making any investment. However, if the bullish trend continues, these coins could be good opportunities.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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