Arbitrum

Radiant

Solana

Radiant Capital

Rollbit Coin

<h4>October also goes by the name of Uptober in the crypto space. During the past 13 years, October only saw twice a red month. This is in contrast to September, which only saw 3 green months during the past 14 years.&nbsp;</h4> 
So, here are 10 <a href="https://www.altcoinbuzz.io/?s=gems" target="_blank" rel="noopener">coins</a> for Uptober to keep an eye out on. We split this up over two articles, here’s a link to Part 2. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The Affirmative Uptober Token Watchlist<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5d2.png" alt="🗒" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 ——————————————<a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a> – Arbitrum Short Term Incentive Program (STIP). 50m ARB to be allocated to protocols in the ecosystem. This could act as a large ecosystem boost by attracting significant liquidity. (The… <a href="https://t.co/D3VgAVVGfM">pic.twitter.com/D3VgAVVGfM</a> 
 — Thor<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">Hartvigsen (@ThorHartvigsen) <a href="https://twitter.com/ThorHartvigsen/status/1708812678553088244?ref_src=twsrc%5Etfw">October 2, 2023</a>
</blockquote> 
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<h5>1) Arbitrum (ARB)</h5> 
<a href="https://arbitrum.io/" target="_blank" rel="noopener">Arbitrum</a> keeps making the rounds. It’s also the first of today’s coins we look at. The project managed to stay in the spotlights for consecutive months. Now they have the <a href="https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131" target="_blank" rel="noopener">Arbitrum Short-Term Incentive Program</a> (STIP) coming up. This is a proposal that the Arbitrum DAO members voted on.&nbsp; 
The proposal will hand over 50 million ARB tokens to various Arbitrum projects. This can be a stimulus to the ecosystem. It can stimulate an increase in liquidity. Optimism did something similar, and it saw its TVL go from $300 million to $1 billion.&nbsp; 
Currently, this STIP already has 105 applications. These were for the most part from <a href="https://www.altcoinbuzz.io/category/defi/" target="_blank" rel="noopener">DeFi</a> projects. For example, from DEXes, yield aggregators, and lending platforms.&nbsp; 
The current price of <a href="https://www.coingecko.com/en/coins/arbitrum" target="_blank" rel="noopener">ARB</a> is $0.8796. Its market cap is $1.12 billion. The max and total supply are 10 billion ARB tokens. 1.275 billion already circulated. The picture below shows Arbitrum in numbers. 
<img decoding="async" class="aligncenter wp-image-125397 size-large" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-1024x471.png" alt="coins" width="696" height="320" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-1024x471.png 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-300x138.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-768x354.png 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-1536x707.png 1536w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-696x320.png 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-1068x492.png 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_-912x420.png 912w, https://www.altcoinbuzz.io/wp-content/uploads/2023/10/FireShot-Pro-Webpage-Capture-183-Arbitrum-—-The-Future-of-Ethereum-arbitrum.io_.png 1920w" sizes="(max-width: 696px) 100vw, 696px"> 
Source: <a href="https://arbitrum.io/" target="_blank" rel="noopener">Arbitrum</a> 
<h5>2) Solana (SOL)</h5> 
<a href="https://solana.com/" target="_blank" rel="noopener">Solana</a> had a very tough time after the FTX collapse. From a $259 ATH in November 2021, SOL slumped to below $10 in December 2022. However, things are turning around for Solana. Their TVL is increasing. According to <a href="https://defillama.com/chains" target="_blank" rel="noopener">DeFiLlama</a>, they take the 9th spot of all chains in TVL.&nbsp; 
This year has also seen serious improvements in <a href="https://status.solana.com/uptime" target="_blank" rel="noopener">Solana’s uptime</a>. There was only one glitch in February. For the rest of the year, the chain has seen uninterrupted uptime.&nbsp; 
Solana can also boast a lively and active community. For example, there’s an active <a href="https://www.altcoinbuzz.io/category/nft/" target="_blank" rel="noopener">NFT</a> community, with some great projects. For instance, <a href="https://drip.haus/discover" target="_blank" rel="noopener">Drip Haus</a> is starting their third season later this month. Furthermore, <a href="https://dandies.xyz/" target="_blank" rel="noopener">Dandies</a>, <a href="https://www.mobstudios.io/" target="_blank" rel="noopener">Mob Studios</a>, and <a href="https://www.okaybears.com/" target="_blank" rel="noopener">Okay Bears</a> are good NFT projects. 
The current price of <a href="https://www.coingecko.com/en/coins/solana" target="_blank" rel="noopener">SOL</a> is $23.29 with a $9.63 billion market cap. There’s an unlimited max supply and a total supply of almost 600 million SOL. The circulating supply is 413 million SOL. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Today, <a href="https://twitter.com/nansen_ai?ref_src=twsrc%5Etfw">@Nansen_ai</a> released their Solana: Past, Present, and Future report. 
 The report highlights network upgrades like local fee markets, growing enterprise &amp; developer interest in the Solana Virtual Machine (SVM), consumer apps leveraging Solana’s tech, &amp; more. 
 Dive in<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4d6.png" alt="📖" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Pm7mZBXECp">https://t.co/Pm7mZBXECp</a> 
 — Solana (@solana) <a href="https://twitter.com/solana/status/1710156570854862895?ref_src=twsrc%5Etfw">October 6, 2023</a>
</blockquote> 
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<h5>3) Radiant (RDNT)</h5> 
<a href="https://radiant.capital/" target="_blank" rel="noopener">Radiant Capital</a> was about to launch its mainnet on Ethereum. However, there’s now a delay until 15th October. That’s because they found better ways for gas optimization. This should lead to a better user experience. This upgrade should also increase the platform’s TVL.&nbsp; 
Radiant is currently Arbitrum’s lending and borrowing platform. We also included Radiant in our recent <a href="https://youtu.be/PLgemq7tCtI?si=vuk65X5YUFu0Xvhu&amp;t=97" target="_blank" rel="noopener">video</a> about three coins to follow in October. Furthermore, Radiant is a $3.36 million recipient of the Arbitrum STIP. This will go to further the ecosystem development. 
The current price of <a href="https://www.coingecko.com/en/coins/radiant-capital" target="_blank" rel="noopener">RDNT</a> is $0.2376 with a $77.6 million market cap. Max and total supply are 1 billion RDNT tokens. 325 million tokens already circulated. RDNT went 708% up over the last year. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 gm Radiants- 
 During the final stages of testing for <a href="https://twitter.com/ethereum?ref_src=twsrc%5Etfw">@ethereum</a> mainnet deployment, we've identified opportunities for significant gas optimizations. It's imperative to ensure competitive gas costs to deliver an optimal user experience. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c6.png" alt="📆" class="wp-smiley" style="height: 1em; max-height: 1em;"> Therefore, we are rescheduling the… <a href="https://t.co/4mzlYnl5gi">https://t.co/4mzlYnl5gi</a> 
 — Radiant Capital (@RDNTCapital) <a href="https://twitter.com/RDNTCapital/status/1708894522850398488?ref_src=twsrc%5Etfw">October 2, 2023</a>
</blockquote> 
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<h5>4) Rollbit Coin (RLB)</h5> 
<a href="https://rollbit.com/" target="_blank" rel="noopener">Rollbit</a> is a gaming and trading platform. They see themselves as crypto’s most innovative casino. Besides casino games, it also offers futures trading with 1000 leverage. Furthermore, you can also trade NFTs. The RLB token has no inflation. The team buys back and burns RLB from parts of their revenue.&nbsp; 
Rollbit is a proactive platform. It adapts to customers’ needs all the time. The project also ventured into sports sponsoring. This year’s football season, they became the official European betting partner of SSC Napoli. That should get them a foot inside the door of the Italian betting market. 
The current price of <a href="https://www.coingecko.com/en/coins/rollbit-coin" target="_blank" rel="noopener">RLB</a> is $0.1461 with a $481 million market cap. The maximum supply of RLB tokens is 5 billion. The total and circulating supply is already 3.29 billion. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We're proud to announce that Rollbit is the Official European Betting Partner of SSC Napoli! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26bd.png" alt="⚽" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 We look forward to supporting and working closely with <a href="https://twitter.com/sscnapoli?ref_src=twsrc%5Etfw">@sscnapoli</a> over the following months. 
 Read more: <a href="https://t.co/oAD74SEM8c">https://t.co/oAD74SEM8c</a> <a href="https://t.co/Pmy2cM4tqT">pic.twitter.com/Pmy2cM4tqT</a> 
 — Rollbit (@rollbitcom) <a href="https://twitter.com/rollbitcom/status/1699338110222438892?ref_src=twsrc%5Etfw">September 6, 2023</a>
</blockquote> 
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<h5>5) DYDX (DYDX)</h5> 
<a href="https://dydx.exchange/" target="_blank" rel="noopener">DYDX</a> should launch their V4 on <a href="https://www.altcoinbuzz.io/?s=cosmos" target="_blank" rel="noopener">Cosmos</a> this month. It’s also the last of today’s coins for Part 1. That will cut all their ties with Ethereum. Cosmos offers faster and cheaper transactions. It’s a mighty DEX. Each day, they manage to have 50%+ of all on-chain futures volume.&nbsp; 
One of the new features of their V4 is revenue share. The V4 will also see full decentralization. Furthermore, their orderbook is also an unusual feature for a DEX. The DYDX token may see a price increase because of all this news. However, there’s also a big 152 million <a href="https://token.unlocks.app/dydx" target="_blank" rel="noopener">token unlock event</a> in December. That’s around $76 million at the current price. 
The current price of <a href="https://www.coingecko.com/en/coins/dydx" target="_blank" rel="noopener">DYDX</a> is $1.95 with a market cap of $345.2 million. The max and total supply is 1 billion tokens. Currently, 176.8 million DYDX circulate. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Genesis of the <a href="https://twitter.com/dYdX?ref_src=twsrc%5Etfw">@dYdX</a> Chain represents a new chapter for the dYdX ecosystem marked by increased decentralization, superior UI &amp; progress in democratizing access to financial opportunity. 
 Genesis has 3 phases: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30c.png" alt="🌌" class="wp-smiley" style="height: 1em; max-height: 1em;">Pre-Genesis <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;">Genesis <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ab.png" alt="💫" class="wp-smiley" style="height: 1em; max-height: 1em;">Post-Genesis<a href="https://t.co/Iz5j0vfM6S">https://t.co/Iz5j0vfM6S</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/GgvWwU8rXL">pic.twitter.com/GgvWwU8rXL</a> 
 — dYdX Ops subDAO (@dydx_ops_subdao) <a href="https://twitter.com/dydx_ops_subdao/status/1709522767178010942?ref_src=twsrc%5Etfw">October 4, 2023</a>
</blockquote> 
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<h5>Conclusion</h5> 
October is also known as Uptober in the crypto space. We are looking into 10 coins to keep an eye out for during October. This is Part 1. For Part 2, please refer to the top of this article. 
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The post <a rel="nofollow" href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/10-hot-coins-for-october-2023-part-1/">10 Hot Coins for October 2023 – Part 1</a> appeared first on <a rel="nofollow" href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

10 Hot Coins for October 2023 – Part 1

Altcoin Buzz

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