3 Tokens to Watch Out For in Uptober

October has historically been a bullish month for crypto assets, often referred to as “Uptober” by enthusiasts. With the market recovering from minor corrections in September, Bitcoin and various altcoins have shown potential for growth through the end of the year. 

What will October bring for these three tokens—Bitcoin (BTC), Bittensor (TAO), and UNITS Token? Why are they expected to perform well in the coming month?

Will Bitcoin (BTC) Price Hit New Highs?

Bitcoin has kept proving to be market-wise resilient. Bitcoin is presently trading at around $63,400. However, it has not touched the heights of March when it momentarily crossed the $70,000 mark to its new ATH. 

The token’s immediate resistance is at $64,200 with the support level identified at $62,600. With $68,000 and $70,000 as key targets, a breach past the present barrier might set off a mass into higher levels.

October is renowned for its positive momentum, which could see Bitcoin’s price move higher. With new all-time highs in sight, BTC could breach several resistance levels in the upcoming month. 

Bittensor (TAO) Rides the AI Wave

Bittensor (TAO) is an innovative, open-source protocol that allows decentralized machine learning. The token’s price action has been of interest in recent months, surging by 57% over the past month. 

Bittensor’s decentralized network allows machine learning models to train collaboratively, with participants rewarded in TAO based on their contributions. At the moment, TAO’s price hovers around $550, with immediate support at $537.16 and resistance at $579.49. 

Analysts have been optimistic, with some predicting that the token could surge to four-digit levels. October’s typical bullish trend, combined with growing interest in AI-based blockchain projects, positions TAO as a strong contender for further growth. 

If momentum continues, it could test its all-time high of $767.68, possibly breaching the $600 mark in the short term.

UNITS – Positioned for Long-Term Success

The UNITS Token is poised to disrupt traditional finance by providing a huge opportunity in real-world asset tokenization. This trailblazing project offers investors the ability to own fractions of high-value assets, including real estate, fine art, and luxury collectibles, through NFTs. 

By lowering entry barriers and allowing fractional ownership, UNITS brings premier-grade investment opportunities to a broader audience.

One of the key features of the platform is its deflationary tokenomics model, where a portion of rental income and asset sales is allocated toward burning tokens, effectively reducing supply and driving long-term value appreciation. This deflationary mechanism, combined with blockchain technology, ensures seamless liquidity and secure transactions for investors.

UNITS Token holders benefit from exclusive investment opportunities, discounted services, and membership in an elite-level investor community. 

These features make the token highly lucrative, with the potential for market-leading returns in sectors like real estate and collectibles. With Uptober trends approaching, UNITS is expected to interest forward-thinking investors, offering a high-yielding opportunity in the blockchain space. More information is available on the website. 

Why Uptober Holds Promise for These Tokens

October’s bullish trend has historically favoured both Bitcoin and altcoins. With Bitcoin potentially retesting its ATHs and Bittensor continuing its AI-driven momentum, these two tokens show strong potential for growth in Uptober.

Additionally, UNITS is providing revolutionary access to real-world asset tokenization, making it another top contender to watch this month. Watching these projects closely as the market gears up for what could be another profitable month will be crucial.

Media Links:

Twitter/X: https://x.com/UnitsToken 

Telegram: https://t.me/UNITStoken