This article gathers ten best-performing altcoins of October 2023
October 2023 was a remarkable month for the cryptocurrency market, as many altcoins achieved new highs and outperformed Bitcoin in terms of returns. Altcoins are any crypto assets other than Bitcoin, and they often have different use cases, features, and technologies. Some of the best altcoins to buy in October 2023 were:
ApeCoin (APE): APE has experienced a significant growth of +78.5% over the past 30 days. This utility and governance token for the Bored Ape Yacht Club ecosystem has benefited from the popularity of the Bored Ape Yacht Club NFT collection.
Hedera Hashgraph (HBAR): HBAR has shown a growth of +67.3% in the past 30 days. This distributed ledger technology is gaining traction due to its high speed and low fees, attracting businesses and developers to adopt it.
Mina Protocol (MINA): MINA has demonstrated a growth of +62.4% over the past 30 days. This lightweight blockchain solution has gained attention for its small size and scalability, offering a potential solution to scalability challenges faced by other blockchains.
PEPE: PEPE has experienced a growth of +60.1% in the past 30 days. This meme coin, associated with the popular Pepe the Frog meme, has gained popularity in recent months.
Injective (INJ): INJ has shown a growth of +59.8% over the past 30 days. This decentralized exchange platform allows users to trade various assets, including cryptocurrencies, stocks, and commodities, and has gained traction due to its innovative features and compliance focus.
Quant (QNT): QNT has demonstrated a growth of +58.7% in the past 30 days. This blockchain platform provides interoperability solutions for different networks and has gained traction as more businesses and developers adopt it.
Solana (SOL): SOL has experienced a growth of +57.6% over the past 30 days. Known for its high-performance blockchain and fast transaction speeds, SOL has gained popularity due to its solid fundamentals and growing adoption.
Avalanche (AVAX): AVAX has shown a growth of +56.5% in the past 30 days. This smart contract platform, known for scalability and security, has been one of the best-performing altcoins recently, driven by its strong fundamentals and increasing adoption.
Cardano (ADA): ADA has demonstrated a growth of +55.4% over the past 30 days. This smart contract platform, focusing on scalability and security, has been one of the best-performing altcoins, with strong fundamentals and growing adoption driving its success.
Polkadot (DOT): DOT has experienced a growth of +54.3% in the past 30 days. This blockchain platform, providing interoperability solutions, has been one of the best-performing altcoins, with strong fundamentals and increasing adoption contributing to its success.