3 Pump Altcoins To Watch This Uptober

Welcome to Uptober. October is one of the most crypto-friendly months in the year. Out of the last 11 years, it has 9 green years.

October is one of the most crypto-friendly months in the year. Out of the last 11 years, it has 9 green years. Out of these, 8 years show double digits. The average uptrend is 22.9% per year. Only November has a better average. And the notorious ‘bad’ September even had green double digits. Do you see now how the name Uptober came into play? So, this means we’re looking at a hot month. Possibly the start of this bull run. 

It’s still not too late to position yourself. This is the time when you can get big returns. Choose your next projects wisely, and you may see anywhere from a 10x to 100x or more. So, my team and I found these three pump altcoins for you. They should do well during Uptober.

Sui ($SUI)

Sui ($SUI) is my first of the Uptober pump altcoins. In case you missed it, Sui has been on fire. The team didn’t call September ‘Suitember’ for nothing. There were plenty of new releases and exciting news making the headlines.  

The $SUI token also did well. It currently ranks #20 measured by market cap. Its current price is $1.88, up by 115% over the last 30 days. It’s well on its way to storming into the top 20. $SUI has a market cap of $5 billion. It’s only weaker tokenomics point is that only 2.7 billion tokens out of a max supply of 10 billion circulate. 

In early October, there’s a $SUI token unlock. Maybe this is good for a price drop. Last month, during a similar-sized unlock, the $SUI price dropped by 20%. If this scenario repeats itself, it’s a great opportunity to grab some more $SUI.

Suitember started at the Korean blockchain week, in early September. Here, Sui opened subscriptions for their handheld gaming device, the SuiPlay0X1.  

Other major news for Sui was that Circle will bring native $USDC to the chain. It’s after all the largest regulated dollar-backed stablecoin in the industry. Sui is also the first Move-based chain to have native $USDC.

? BREAKING: @Circle’s native $USDC is coming soon to Sui ?

Additionally, Cross-Chain Transfer Protocol (#CCTP) will be launching on Sui, enabling developers to be able to build cross-chain flows from other chains (like @Solana, @Ethereum, and more).

?This is huge for the Sui… https://t.co/klxqurAt3U pic.twitter.com/iamcolqqfK

— Sui (@SuiNetwork) September 17, 2024

Sui’s TVL is breaking record after record. It jumped 73% in one month, to $1 billion. It’s currently positioned as #7 of all chains in DeFi‘s TVL. 

In August, Grayscale launched its Sui Trust. This performed well as you can see on the chart in the link. A Trust like this offers shares with $SUI as its underlying asset. It’s regulated and there’s no need for direct access to the asset. 

So, plenty is going on at Sui, and it won’t stop here. $SUI is a serious pump coin for this bull run.

Chainlink ($LINK)

Chainlink ($LINK) is next in today’s list of pump altcoins. It’s also the leading oracle in the crypto sector. Blockchains need oracles, because they can’t communicate with the outside, real-life world. So, oracles make this connection between off-chain information to on-chain projects. See my recent video on Chainlink.

For example, oracles provide real-time updates on assets, like gold, stocks, or crypto. They can also give information about sporting events. Or how about the upcoming US election results, shipping or medical data? Not to mention DeFi, and there’s plenty more. Oracles can connect pretty much any off-chain data to on-chain projects. So, as you can see, oracles play an important part in the crypto sector. 

As I already mentioned, Chainlink is the biggest oracle in blockchain. The $LINK market cap is 7x bigger than the next listed oracle provider. Chainlink has the first-mover advantage. It has been around since 2017. 

One of the major new updates for Chainlink was the CCIP launch in July 2023. This is the Cross-Chain Interoperability Protocol. It’s also Chainlink’s flagship feature. It allows different blockchains to