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DAFI, ATRI, and 3 others altcoins have great potential for huge gain in October

High-profile trader Tom Busby shares with their subscribers 5 altcoins with bullish potential to gain massive growth.

DAFI Protocol (DAFI)

First on the list is DaFI Protocol (DAFI). According to the trader, DaFi is an interesting project that introduces the first alternative since Satoshi, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking and liquidity – Dafi ties synthetics to each network’s adoption.

“This means that the token’s released and network demand is proportional. By linking these two factors, it attracts longer-term users to be incentivized longer, supporting adoption.”

DAFI is a low-cap gem with a market cap at only around $16M. At the time of the video, DAFI was trading at $0.04, which is 75% down from its ATH of $0.2. The trader expects DAFI to return back to its ATH in this bull cycle and can possibly reach $1.

Atari (ATRI)

Next on the list is Atari (ATRI), a decentralized cryptocurrency based on the Ethereum blockchain. It was designed by Atari Chain, a subsidiary of the video game and consumer electronics firm Atari Interactive, specifically for the needs of the interactive entertainment industry.

“It is going to be big when you take into account the metaverse NFTs and just the gaming industry itself is a multi-billion dollar a year industry and it is growing,”

At the time of the video,  ATRI was trading at $0.05 with a law market cap of $47M. The trader expects with the blooming gamefi industry, ATRI will easily get to $1 soon.

Zilliqa (ZIL)

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second.

It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications. It also allows for staking and yield farming.

At the time of writing, ZIL was trading at $0.08 with a market cap of $1B.

Cardano (ADA)

The analyst’s next pick is Cardano. As the trader says, despite the Alonzo update, the price of Cardano has still fluctuated and is currently trading at $2.12.

“Cardano’s ADA token skyrocketed back by 150% in August to become the third largest cryptocurrency in the world by market capitalisation. But, its triumph seems to have been short-lived.”

According to the trader, the decentralised blockchain platform was knocked off its perch by Tether, the largest stablecoin in the world. However, as October is a bullish month for all the coins, Busby believes that Cardano will reach another high level and get back its position.

Elrond (EGLD)

Last on the list is Elrond (EGLD). Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding.

The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. At the time of the video, EGLD was trading at $206, 16% down from its ATH of $302.

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