October Meme Coins to Watch: SUNDOG, STARS, TURBO
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
With Bitcoin (BTC) and other major altcoins set to end the typically bearish month of September with strong gains thanks to optimism surrounding a new Fed-led global liquidity easing cycle, meme coins might be about to go into overdrive this October.
In contrast to September, October is typically one of the strongest months of the year for cryptos.
There are already signs that a new meme season is underway, and traders are scrambling to pre-position themselves ahead of a potential October meme coin surge.
The biggest meme coin in the market, Dogecoin (DOGE), recently snapped a long-term downtrend and hit two-month highs.
Shiba Inu (SHIB), meanwhile, has risen 33% in the past two days to its highest point since June.
Things are looking very promising for meme coins going into next month.
Major coins like DOGE and SHIB could post 2, 3, or even 4x gains by the end of the year.
However, many meme coin investors are looking for much bigger upside potential and will thus consider riskier, smaller, and lesser-known meme coins.
Here are some high-potential October meme coins to watch.
One of Tron’s leading meme coins, Sundog (SUNDOG), which is named in part after Tron’s eccentric founder Justin Sun, could be one of the top October meme coins to watch.
According to DEXScreener, its market cap was last $360 million, but it has been steadily creeping higher in the last few days.
Indeed, since its launch in mid-August, it hasn’t really been in a notable downtrend.
This reflects steady growth in its notoriety and fame in recent weeks – its
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