By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Top Cryptocurrencies to Purchase on October 9th
Share
Notification Show More
Latest News
Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Crypto > Top Cryptocurrencies to Purchase on October 9th
Crypto

Top Cryptocurrencies to Purchase on October 9th

News Room
Last updated: 2024/10/09 at 10:09 PM
News Room
Share
4 Min Read
SHARE

Investors in the cryptocurrency market are looking for the best crypto to buy now amidst a market that has seen major cryptocurrencies languish in recent days. Bitcoin, the leading cryptocurrency, has slid back into the $61,000s, prompting investors to assess where they can find the best opportunities for growth. Positive catalysts, such as the potential victory of pro-crypto Republican candidate Donald Trump in the upcoming US presidential election, could boost major cryptos in the weeks ahead. Additionally, tailwinds from the robust US economy, easing US Federal Reserve policies, and the record expansion of stablecoin liquidity could support the BTC price.

With expectations of a price rally into the end of October, investors are considering other altcoins that may offer higher upside potential. One such altcoin is Chiliz (CHZ), a sports fan token protocol that has surged by 14.5% in the past 24 hours. The hype surrounding an airdrop of a new crypto called PEPPER, which will only be distributed to CHZ holders, has sparked new interest in the token. Technical analysis suggests that CHZ is on a strong uptrend, with potential resistance levels in the $0.085 and $0.090 areas. Dogecoin (DOGE) and Uniswap (UNI) are also performing well, with both coins rising by 2-3% in the past 24 hours and comfortably above their 50-day moving averages.

Investors seeking higher returns may consider participating in presales of new cryptocurrencies before they trend and experience significant price appreciation. While presales are risky, skilled investors can potentially earn 10-20x gains. Cryptonews.com has compiled a list of the top 16 crypto presales to invest in now, providing opportunities for investors to get in early on promising projects. It is important for investors to conduct their own research and not risk more than they can afford to lose when participating in presales. The cryptocurrency market is known for its volatility and high risk, and it is crucial for investors to approach their investment decisions with caution.

Despite the current market conditions, there are positive indicators that suggest a potential price rally for Bitcoin in the coming months. The delayed bullish impact of the April BTC halving is expected to start affecting the market, with November and December potentially seeing new all-time highs for the cryptocurrency. While risks such as a full-blown Israel/Iran war remain a near-term concern, the overall sentiment in the market is leaning towards a bullish outcome. As investors assess the best crypto to buy now, they are considering various factors such as market trends, technical analysis, and potential catalysts that could drive price appreciation in the near future.

In conclusion, the cryptocurrency market is dynamic and full of opportunities for investors seeking growth in their portfolios. With Bitcoin and other major cryptos showing signs of potential price rallies, investors are exploring different options for the best crypto to buy now. Altcoins like Chiliz, Dogecoin, and Uniswap are among the top performers in the market, offering investors opportunities for growth. Additionally, participating in presales of new cryptocurrencies can provide high returns for investors willing to take on the risk. As the market continues to evolve, it is important for investors to stay informed, conduct thorough research, and make informed decisions to maximize their investment potential in the cryptocurrency space.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room October 9, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Transport Minister attends Global Rail 2024 conference in Abu Dhabi
Next Article Canadian Dollar falls for the sixth consecutive day.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle July 14, 2025
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports July 6, 2025
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025

You Might also Like

Crypto

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
BusinessCrypto

Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025

May 20, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
BusinessCrypto

Forbes Lists Bitget Amongst The World’s Most Trustworthy Crypto Exchanges

February 1, 2025
BusinessCrypto

Bitget Leverages AI Algorithms for Token Listing with the Launch of Bitget Seed

January 27, 2025
BusinessCrypto

Bitget to List Official TRUMP Meme Token for Spot Trading

January 23, 2025
BusinessCrypto

Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program

January 18, 2025
BusinessCrypto

Bitget Unveils Over $5 Billion Worth of BGB Token Burn in New Whitepaper

December 28, 2024
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?