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As October approaches, the crypto community is eagerly anticipating what has been dubbed “Uptober,” a time when cryptocurrencies historically see a bullish run. While large-cap coins like Bitcoin and Ethereum often dominate the headlines, low-cap meme coins offer massive potential for growth due to their viral nature and community support.
Meme coins, in particular, present unique opportunities for investors willing to dive into the unpredictable but often rewarding world of internet culture and digital assets. So, in this guide, we’ll explore five of the best low-cap meme coins to watch for Uptober. Each one of these coins has shown promising momentum and could be poised for substantial gains as the market heats up.
Best Low Cap Meme Coins to Watch For Uptober - Top 5 List
Here are the 5 best low-cap meme coins to watch for Uptober;
Memebet- Hottest GambleFi Meme Coin ICO
FLOKI - The People’s Cryptocurrency
Crypto All-Stars - World’s First-Ever Meme-Vault
Pepe Unchained - Pepe’s Own L2 Blockchain
Best Low Cap Meme Coins to Buy for Uptober - Full Reviews
In this section, we review the top 5 low-cap meme coins to watch for Uptober. To make the right investment decision, we suggest reading the detailed review about each low-cap meme coin in order to learn more about their most essential features and what distinguishes them from other numerous low-cap meme coins.
Memebet - Hottest GambleFi Meme Coin ICO
One of the best low-cap meme coins to consider buying for Uptober is Memebet, which is a new platform where crypto degens unite. It is known as the premier play-to-earn gaming platform and live casino.
On this platform, investors can play with their favorite meme coins straight through Telegram or on the web and thrive on the loosest slots in crypto. Memebet is a decentralized, blockchain-based betting platform that allows users to deposit and play with their favorite meme coins in Memebet Casino. So whether you’re a $PEPE or a $DOGE holder, you’ll be able to deposit and play with your meme bags.
As mentioned, the platform is entirely decentralized, meaning it provides transparency and fairness in its betting mechanism. And, with meme culture evolving constantly, Memebet is positioned to capitalize on it, making it one of the best low-cap meme coins to invest in right now. The Memebet Token ($MEMEBET) initial coin offering (ICO) is off to a great start, having already raised over $237K. Early investors and crypto analysts have quickly grasped the project’s potential, as it aims to unite two high-growth industries – online casinos and meme coins – under one umbrella: an online casino for degen gamers.
What’s more, Memebet’s growing community, along with its ambitious roadmap and promising integrations, will likely draw more attention to the project, increasing user participation and overall liquidity. When it launches, the Memebet Token platform will allow users to bet on casino games, slots, and sports with meme coins, something no other GambleFi platform has done before. Because of this exciting feature, many large investors have already bought up as many tokens as they can.
As of writing, one $MEMEBET token is trading for $0.0251 and can be purchased in exchange for ETH, USDT, BNB, and MATIC. You can also purchase tokens directly through your debit or credit card. It’s also worth mentioning that 70% of its token has been set aside for presale, and the airdrop promises to reward the most degen online gamblers. 400 million tokens have been set aside for bonus airdrops to holders who use $MEMEBET to wager in Memebet Casino - both on the web and Telegram.
In sum, Memebet could potentially see a significant price surge during Uptober when investors look for meme coins with unique utility. For investors who are interested in GambleFi, this low-cap meme coin provides an opportunity to get in early.
FLOKI - The People’s Cryptocurrency
Another low-cap meme coin to buy for Uptober is FLOKI, a meme coin born out of the viral tweets of Elon Musk, and it is available to buy on over 100 exchanges globally. FLOKI is one of the most recognized meme coins in the market, thanks to Elon Musk’s influence.
Beyond its meme origins, the FLOKI project has evolved into a full-fledged ecosystem with multiple use cases. It has released FlokiFi, a DeFi platform that allows users to stake and farm their FLOKI tokens, and also features FlokiPlaces, an NFT marketplace that connects buyers and sellers of unique digital art. This diversification has helped FLOKI maintain relevance and attract a broader audience beyond just meme coin enthusiasts.
Additionally, FLOKI has recently launched a trading bot that could potentially supercharge its platform. The trading bot is expected to automate the buying and selling of crypto assets across various platforms and DEXes. According to FLOKI, the bot has a simple user interface and is secured by AES256 encryption. Furthermore, CertiK, a blockchain security organization, reviewed its code and provided high scores for all of the important metrics. Users will use this bot's features to streamline their entire trading process. Most importantly, because it is automated, the bot eliminates the need for manual labor, increasing efficiency tremendously.
In terms of price performance, despite a drop in FLOKI’s price since June, it still has a remarkable 1-year return of nearly 660%. Its YTD return stands at 245% as of mid-September, with FLOKI’s price seems to find a key support level at $0.000111.
Overall, since its launch, FLOKI has shown to be more than just a meme coin, thanks to its strong community support and several application cases like DeFi and NFTs. It's witnessed consistent upward price movement and has the potential for further increase in October.
As a result, many analysts have predicted that FLOKI could see further price gains in October as the market enters its bullish phase. With its strong community and continuous development, FLOKI is certainly poised for a successful Uptober.
Crypto All-Stars - World’s First-Ever Meme-Vault
The next crypto token on our list as one of the best low-cap meme coins to buy for Uptober is Crypto All-Stars ($STARS). This unique platform is developing a staking system that will allow the world's best meme coins to be staked together. The 'MemeVault' will be the method for meme coin holders to stake their holdings, which include Dogecoin, Shiba Inu, Pepe, Floki Inu, Milady, Bonk, and many more. This staking incentive will be distributed in $STARS tokens.
Simply put, Crypto All-Stars combines entertainment with financial incentives, as users can stake their favorite meme coins for rewards, participate in tournaments, and engage with an active community. The project’s ability to gamify the cryptocurrency space is one of the features that set it apart from other meme coins, giving it a unique appeal. In just a few weeks since the presale launched, Crypto All-Stars has raised over $1.3 million, indicating a huge rise in investors’ interest.
Not surprisingly, many crypto analysts believe this token has a huge growth potential, with some predicting it can reach $0.0117474 by the end of the year.
Moreover, investors can hold the $STARS token and earn a 3x increase on the standard APY to increase their reward-earning potential. $STARS can directly be staked on the Crypto All-Stars staking mechanism to earn an APY of 1100%, although this will reduce as more $STARS are being staked.
Currently, $STARS is available to buy on presale for just $0.0014477 per token and can be bought in exchange for ETH, BNB, USDT, FLOKI, SHIB, PEPE, and DOGE; however, you can also buy tokens directly through your debit or credit bank card. For more information, we suggest you read the Crypto All-Stars whitepaper and visit the official presale page below.
Pepe Unchained - Pepe’s Own L2 Blockchain
Inspired by the iconic Pepe the Frog meme, Pepe Unchained is a meme coin that focuses on community-driven DeFi initiatives. This platform is based on the Ethereum layer two (L2) blockchain, and as a result, it benefits from improved network efficiency and lower expenses. Essentially, compared to many other meme coin networks, Pepe Unchained speeds up transaction processing by offloading them from the main network.
Furthermore, due to lower operational costs, Pepe Unchained may offer twice the staking incentives. The native token, $PEPU, can also be placed on smart contracts to earn a live APY (Annual percentage yield) of more than 150%. On its unique platform, users can stake their tokens, participate in farming pools, and engage with a lively community to increase their chances of earning. So far, an impressive figure of more than 1 billion tokens have been staked on Pepe Unchained from a total supply of 8 billion tokens.
The reason why this platform has gained so much popularity is that users can make passive revenue by engaging in the project's different DeFi efforts, all while having fun and laughing at the Pepe meme. And, as October approaches, the meme coin market is sure to see fresh interest, and Pepe Unchained, according to crypto analysts, will likely benefit from this attention.
Within a few months, the Pepe Unchained presale has raised more than $13.4 million. As of writing, one $PEPU is currently priced at $0.0097284 per token and is expected to rise in the upcoming months as there have been several hints on their social media channels that this coin is about to launch soon.
All in all, due to its successful presale launch, staking rewards, and blockchain network benefits, Pepe Unchained certainly appears to be one of the low-cap meme coins to buy right now. To learn more about the Pepe Unchained project and its native token, visit the presale page below.
What is Uptober in the Crypto Community?
The cryptocurrency community invented the phrase "Uptober" to characterize the strong market movements that are frequently noticed in October. Historically, this month has seen many major cryptocurrencies rally in price, defying the market’s typical tendencies. Since then, Uptober has become a period when crypto investors expect a bullish market momentum.
Furthermore, "Uptober" is a period when crypto projects roll out new developments, partnerships, or upgrades, adding to the positive sentiment. This combination of factors has made October a key month to watch for anyone interested in crypto investing.
October Crypto Market Historical Performance
Historically, October has always been a positive month for the crypto market, earning it the nickname "Uptober." This trend is driven by several factors, including increased investor confidence following the typically slower summer months. Over the years, Bitcoin, for instance, has often experienced price rallies in October, which is marked by positive sentiment and key events that catalyze market growth. In particular, Bitcoin's October performance has been impressive in multiple years, showing strong recoveries after September downturns and setting up for strong end-of-year rallies.
For example, in 2021, Bitcoin surged to new all-time highs during this month, breaking the $60,000 mark. Similarly, other altcoins experienced significant price increases, driven by renewed interest and institutional adoption. This trend over the years has established October as a favorable month for crypto traders and investors alike. For meme coins, in particular, October can be a time of massive gains, as many crypto investors consider the Uptober phenomenon and often look for high-risk, high-reward opportunities.
Key Crypto Events to Watch Out For in Uptober
October, often referred to as "Uptober" in the crypto space, typically signals a bullish period for cryptocurrencies due to historical trends and key global events. Several major events in the upcoming October could impact the crypto market. This includes the following;
US Elections
Although the election itself is in November, the campaign ramp-up in October will affect market sentiment, especially with pro-crypto candidates like Trump and Vance potentially influencing future regulations. This ramp-up in campaign rhetoric might impact crypto market dynamics, with potential policy changes or endorsements affecting investor confidence and market trends.
Stock Market Movements
The performance of traditional stock markets can significantly impact cryptocurrency markets, particularly during periods of financial uncertainty. Historically, October has been a positive month for equity markets, even when taking into consideration the October market crash in 1987.
And, as the stock and crypto markets are positively correlated, a continuation in the bullish stock market sentiment can also push crypto prices higher.
Federal Reserve Rate Decision
The Federal Reserve's rate decisions, which are typically announced mid-month, play a very important role in influencing both crypto and stock markets. The next Fed rate decision is set to be released on September 17-18; however, the sentiment following the decision can also be a market mover in October.
A decision to lower interest rates generally boosts investor sentiment and potentially leads to increased investment in cryptocurrencies as lower borrowing costs make alternative investments more attractive. On the other hand, higher interest rates can create selling pressure across financial markets, including cryptocurrencies, as the cost of borrowing rises, and investors may prefer more stable, interest-bearing assets.
Thus, the Fed's rate decision is a key driver of market sentiment and can significantly impact the performance of both traditional and digital assets.
Token Unlocks
Scheduled token unlocks, such as those for Arbitrum and ApeCoin in October, can significantly impact the market. These unlocks increase the availability of tokens, potentially enhancing liquidity and allowing more trading activity. However, they also carry the risk of price volatility, as the sudden influx of new tokens can lead to sell-offs by early investors or create market imbalances. Consequently, these unlocks are closely watched events, as they can both present opportunities and introduce risks for investors in the cryptocurrency market.
Summary
In conclusion, Uptober is shaping up to be an exciting month for crypto enthusiasts, particularly those invested in meme coins. The positive crypto market performance over the years has convinced many investors that this is the right time to buy cryptocurrencies, particularly coins with high growth potential, such as meme coins.
Low-cap meme coins like Memebet, FLOKI, Crypto All-Stars, Shiba Shootout, and Pepe Unchained present excellent opportunities for investors to capture significant gains. By leveraging their communities and unique offerings, these coins could capitalize on the bullish momentum expected during Uptober.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.