Popular trader Tyler Swope from Chico Crypto unveils 3 altcoins under his radar that are primed to make huge returns in the month of October.
Alchemist (MIST)
First on the list is Alchemist (MIST), the trader’s top-hold altcoin in his portfolio. At the time of the video, MIST was trading up over 7 % in the last 24 hours, from $124 dollars to $134. However, the trade points out that MIST looks more bullish on the 7 days chart in which it has increased almost 100% from $68.
According to Swope, in the month of October, Alchemist will be seeing numerous network upgrades and partnership. In particular, recently, there is a rumour about Altchemist and Uniswap partnership.
“On social media reports, Uniswap may soon be deploying Alchemist’s mistX product, a popular solution for protection against Miner Extractable Value (MEV).”
While nothing has been made official as of now, the trader says that the team at Alchemist and Don Vincenzo, a core team member, have further stoked the rumors surrounding the partnership by hinting that a major announcement is soon to follow.
OlympusDAO (OHM)
Next up is OlympusDAO (OHM). OHM has followed a similar price path with MIST in which during the past 24 hours, the coin has rallied up 11% from $824 to $922. While in the past 7 days, OHM also had gain 50% return when its price pump from $600 to $922.
As the trader says, OHM still have massive upside potential as it is the only altcoin in top 100 that has not listed in centralized exchange:
“OHM has taken the crypto world by storm and defied the odds. It’s the only cryptocurrency in the top 100 that doesn’t have a centralized exchange. It’s only listed on DEXs like Uniswap, Sushiswap, and 0x protocol. All other coins in the top 100, have a CEX like Binance, Conibase, Kraken, Kucoin, or one of the others. So, there is major upside still to OHM in the short to mid term.”
KlimaDAO (KLIMA)
Klima DAO is newly-launched project. According to the trader, the Klima DAO ecosystem is modeled on Olympus DAO. Every KLIMA token is backed by 1 tonne of verified, tokenized carbon reduction or removal. These can remain locked in the treasury indefinitely, or sold to balance the price of KLIMA.
And recently, Mark Cuban’s Ethereum address has recorded a transaction of 5 million purchase of KlimaDao to his wallet.