We have now officially moved into Q4 of 2023 and as anyone familiar with the history of crypto knows it is officially ‘Uptober’. The reason it is called this is because typically September is a poor month for Bitcoin and the market in general but then there is a serious bounce back in October followed by what is often the most profitable month of the year; November.
That means it is now the perfect time to dive back into the market and expand your portfolio. We did some digging and found five trending cryptos that are the best options to buy right now. These include Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC).
Let’s take a look at why they can be the best-performing cryptos this week and beyond.
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Bitcoin Minetrix- A new and improved way to do cloud mining that protects the investor
Bitcoin Minetrix (BTCMTX) certainly looks like it could be the best-performing crypto in the near future despite only being a few weeks old. The presale has already raised over $600k as word is starting to spread about the project that could fix cloud mining once and for all.
The problem that cloud mining faces is it was once touted as a way to help the everyday crypto investor mine Bitcoin. The mining process had alienated most of the industry when it became an industrial-scale operation excluding most investors. Cloud mining was supposed to help investors lease the ability to mine from companies but now those companies are charging exorbitant fees that make it impossible for these everyday investors to see a profit.
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The way Bitcoin Minetrix will fix this is a stake-to-mine system that will put the power back in investors’ hands when it comes to mining. Staking adds an extra level of security and investors are in full control of the tokens once they are staked. One option is to exchange them for secondary ERC-20 tokens called mining credits. These credits can be used to get time to mine or to get a share of the yields. No hidden fees or scams so the investor can feel safe while mining.
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Meme Kombat- This P2E game allows you to wager on the outcome of battles between the best memes from the last 10 years
It has been a long time since we were as excited about a P2E game as we are about Meme Kombat ($MK). It ticks every box we have for what makes the perfect blockchain gaming experience. Based on the popular gaming franchise Mortal Kombat, the game is also a combat game but involves the best memes of the last 10 years.
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The presale has just begun but it has already surpassed the $330k raised mark as investors seem very excited to try out this game. They should be too as all the best memes from Pepe to Wojak are included. The project utilizes the latest AI technology to guarantee the best gameplay and graphics, but also to make sure the outcome of every fight is fair.
What we are most excited about, however, is the wagering that is included in this game. It is so detailed you feel like you actually logged onto a sportsbook. Not only can you bet straight up on fights, but you can also bet against the computer, against other players, or even side-bet on different outcomes. These include the first move, specific outcomes, or unique battle events. There is so much to do in Meme Kombat that we think investors will make it the biggest P2E game of 2023.
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TG.Casino- This casino could bring crypto gambling into the mainstream
Online gambling is exploding in popularity and as a market as well. Crypto gambling is making progress but for now, lives in the shadow of the much more popular industry. TG.Casino ($TGC) is hoping to change that with one very clever partnership.
Crypto casinos suffer from a lack of familiarity and trust when it comes to the general public. TG.Casino recognizes this and has partnered with Telegram so the casino can be hosted on the app. This is a genius move as there is no better way to gain trust than by partnering with an app that is known around the world for its excellent security and privacy features.
If this move wasn’t enough to impress investors TG.Casino also goes to great lengths to help its investors get everything out of their investment. Every day a share of the profits will be used to purchase open markets $TGC. 40% of these tokens will be burned which will increase the worth of those that have been purchased and 60% will go toward casino and staking rewards. This really could be the number-one crypto casino very soon.
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Wall Street Memes- This token could become the number 1 meme coin soon
Wall Street Memes ($WSM) has made modest gains since it launched a little under two weeks ago. What needs to be considered here is that September is normally a down month for the market so to launch a coin during this period and have it survive let alone increase in price is a huge achievement. This is a real sign this could be a huge month for the meme coin.
Its presale was unprecedented as it raised over $25 million. This is in part thanks to the huge online presence that Wall Street Memes brings to the crypto world. With over 1 million followers across their various platforms, the coin has a huge built-in community already. Considering the Twitter account has grown by over 30k since the beginning of the presale we can only assume this growth is not going to stop and the meme coins price will explode soon.
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Ripple- Judge rejects SEC appeal so XRP may finally be in the clear
The SEC’s request to file an interlocutory appeal has been rejected so it looks like Ripple (XRP) may finally be in the clear. While the price has not reflected this move yet we think it could explode at any moment. Investors are likely a little nervous as there have been many false dawns with XRP so all we need is one run and the price may go to the moon.
Conclusion
So to finish up, we have 5 great cryptos selected that all have the potential to bolster your portfolio this week. However, of the five, Bitcoin Minetrix, Meme Kombat, and TG.Casino stand out above the rest. They all have unique properties that give them huge room for growth. All three are still at the early stages of presale too so they represent great value.
The post 5 Hottest Trending Cryptos to Buy for Your Portfolio This Week appeared first on Analytics Insight.
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