October Crypto Rally: 5 Memes With 100x Return Potential

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This article is also available in Spanish.

With signs of a clear recovery in the broader cryptocurrency market, memecoins are posting significant gains, reflecting renewed investor demand for quick and significant gains following a period of volatility and price declines.

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Should I Switch from Bitcoin to Memecoin in the Face of the Coming Cryptocurrency Bull Market?

Ardizor cryptocurrency analyst has scratched five memcoins to watch, predicting that the asset could deliver significant gains as what it describes as the “biggest bull run” in the cryptocurrency market is set to begin in October.

According to Ardizor, Bitcoin (BTC) cycles typically begin 170 days after the Halving event and peak around 310 days later. This suggests that starting in October, these memecoins and the broader market are poised for significant gains that could exceed previous all-time highs.

Ardizor emphasizes that fresh growth often begins with an influx of liquidity into established cryptocurrencies such as Bitcoin and Ethereum (ETH) before shifting towards memcoins, setting the stage for a potential renaissance for the sector.

Five tokens ready for huge profits

Among Ardizor’s memcoins, Sundog (SUNDOG) stands out, having quickly gained popularity on the Tron network. He notes that Sundog is rooted in community engagement, aiming to unite enthusiasts and create an “inclusive ecosystem that offers various benefits to its holders.”

It is currently trading at $0.31, up almost 6% in 24 hours, Market capitalization According to the analyst, Sundog, which is valued at around $287.7 million, stands out as one of the most promising fresh entries in the memecoin market.

Another notable one is Simon’s Cat (CAT), which has become the largest and most recognizable meme coin on Binance Smart Chain (BNB). Ardizor points to the steady price augment, noting that Simon’s Cat is backed by the well-known Simon’s Cat brand, which has amassed over 1.6 billion views on its YouTube channel.

Memecoin’s market capitalization is around $280.6 million and its price is $0.000040, up a whopping 96% in the past month, supporting the analyst’s theory of further growth augment in prices and investor interest in the token.

The analyst also discusses Cate on ETH (CATE), a memcoin that originated in the Dogeverse and was inspired by a tweet from the social media account Own the Doge.

With forceful ties to Dogecoin (DOGE), Ardizor believes CATE embodies a “spirit of adventure and innovation,” making it an attractive option for investors looking for the next huge thing in memecoin. It currently has a market cap of around $16.2 million.

Additionally, Neiro (NEIRO) is being highlighted as a continuation of Doge’s legacy. Associated with Kabosu, the dog behind the iconic Doge meme, Ardizor claimed that Neiro captures “the true essence of memecoins and internet culture.”

NEIRO’s market capitalization currently stands at $341 million, with a noticeable augment of 52% in the last 24 hours, translating into a trading price of $0.0012, and over 2325% in the last thirty days, making it best performing token on Ardizor’s list.

Finally, Ardizor introduces Turbo token (TURBO), a project that began as a bold experiment in cryptocurrency creation. Inspired by artificial intelligence (AI), Turbo was initiated with a plain challenge to create the next huge memecoin, starting with just $69.

The analyst notes that it is currently developing as a decentralized community-driven initiative, boasting a market capitalization of $387 million. TURBO currently trades at $0.0062, having recorded an impressive gain of 8980% year-to-date (YTD).

The 1D chart shows that the price of TURBO is on an upward trend. Source: TURBOUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

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