Top 10 promising cryptocurrencies of October (Part 2). Part 1 https://noise.cash/post/lj0x23n4 Morpheus Labs (MITX) Current rate: $0.046 Market capitalization: $19.813 million Position in the rating: 746 Morpheus Labs is a blockchain platform specializing in DApp development. It offers users a choice of different programming languages. The native token of the platform is MITX. The burning of 5 million tokens is scheduled for October 4. This is the fifth and last burning this year. FLOW has been trading within the ascending parallel channel since the beginning of March. They are usually formed during correction. Moreover, within the formation, the price moved in stages, which indicates the probability of a breakthrough. Bella Protocol (BEL) Current rate: $1.61 Market capitalization: $77.175 million Position in the rating: 419 Bella Protocol is a platform that offers various DeFi products that help simplify cryptocurrency banking. It provides access to the best yield rates in the entire market. In addition, it offers zero gas fees to ensure free transactions. The native token of the platform is BEL. Three main products of the project: 1-Click Bella Bella Lending Bella Flex Savings The International summit of the cryptocurrency industry will be held from October 11 to 15. The CEO of Bella is among the main speakers. However, the price has been declining since September 4; on September 20, it broke through the ascending support line. It is now approaching an important support in the area of $1.17. Polygon (MATIC) Current rate: $1.12 Market capitalization: $11.184 billion Position in the rating: 21 Polygon is a platform designed to develop the Ethereum infrastructure and scale it into a multichain. In other words, it helps to combine blockchains compatible with Ethereum. The project started in 2017, it has a native token — MATIC. The world blockchain Summit will be held in Dubai from October 13 to 14. One of the speakers will be Polygon co-founder Sandeep Nailwal. MATIC has been trading inside a descending wedge since September 5. The price bounced off the support line formed by the lower boundary of the wedge in the area of $1.06. It happened on September 21. Then a double bottom appeared on the charts, and now the price is trying to make a breakthrough. In this case, the nearest resistance is at $1.48. Celsius (CEL) Current rate: $5.02 Market capitalization: $1.201 billion Position in the rating: 80 Celsius is a platform that offers financial and banking services to cryptocurrency users. The project was launched in 2018. Now he offers various services, including loans, staking. Users are paid interest up to 17%. The platform's own token is CEL. Its holders receive increased interest. The world blockchain Summit will be held in Dubai from October 13 to 14. One of the speakers will be the founder and CEO of Celsius Alex Mashinsky. CEL has been trading inside a large symmetrical triangle since the end of January. Rocket Pool (RPL) Current rate: $31.41 Market capitalization: $322.875 million Position in the rating: 235 Rocket Pool is a protocol where you can deposit Ethereum (ETH) for staking and earn money. In addition, users can launch their own nodes, this increases revenue. The project plans to launch its own network on October 6. The deployment will take place in four stages, each of which limits the size of the ETH deposit pool. RPL/ETH has overcome the resistance of 0.01 ETH. #CryptoTrading
No comments yet