Top 4 Trending Coins in October – XRP, LUNC, TAMA, IMPT

Investing in the top trending coins can produce impressive results. We’ve done our research and compiled a list of the top 4 trending coins for October: XRP, LUNC, TAMA, IMPT. Let’s take a look.

XRP

XRP is a blue-chip transactional cryptocurrency. The project’s primary goal is to reshape the internal currency conversion and money transfer sectors through the use of blockchain technology. As such, XRP boasts incredibly low fees (a fraction of a cent) and very fast transaction settlement (around 4 seconds).

Over the past year, the value of XRP has been held underwater as a result of a lawsuit from the U.S. Securities and Exchange Commission. However, the top trending crypto has been enjoying a fair amount of growth recently thanks to a few key victories in the case. While it’s difficult to determine when the suit will subside, things are looking bright for XRP.

In addition to its status as a low-cost transactional cryptocurrency, the 2021 release of the XRP Ledger (XRPL) has allowed applications to be created on the XRP network similar to Ethereum. As the ecosystem developers, demand for XRP will increase potentially boosting price further.

Luna Classic (LUNC)

Luna Classic (LUNC) is the original token native to the Terra ecosystem. Following the downfall of Terra Luna and the UST stablecoin, LUNA holders voted to create a new cryptocurrency known as Luna 2.0. This led the original token to be renamed Luna Classic.

While it’s true that the project has been at the center of a lot of negativity, and for good reason, over recent months LUNC has proven itself as an investment worthy of consideration. Since late August, the token has increased in value by over 200%, beating out almost every established project.

With Luna Classic holders voting to implement a burn program to reduce the total supply of LUNC, we could see continued growth for the asset over the coming months. As such, this trending cryptocurrency is worth keeping an eye on.

Tamadoge

Tamadoge (TAMA) is a cryptocurrency project on bringing utility to the meme coin sector through the creation of an engaging and highly rewarding P2E game set in a virtual world known as the Tamaverse.

People will be able to purchase Tamadoge NFT pets which can be updated using various items from the in-game store. As a player levels up their pet, they will earn Dogepoints, increasing their leaderboard ranking, and entitling them to a larger share of the rewards pool.

The first series of Tamadoge NFTs officially launched on October 6th, with 100 ultra-rare NFTs up for grabs. The release of 1.000 rare and 20,000 common NFTs is expected to follow soon.

With Tamadoge selling out its $19 million presale far ahead of estimates and shooting up in value from its $0.03 listing price to a high of $0.19, it’ll be interesting to see how Tamadoge progresses as its core features begin to release.

Read More: Tamadoge Crypto Price Prediction 2022-2023-2025

IMPT 

Next on our rundown of the top trending coins is IMPT, a presale cryptocurrency project focused on helping individuals and companies alike to reduce their carbon output.

To achieve this goal, IMPT will tokenize carbon credits, greatly increasing the transparency within the sector. Users can purchase these carbon credits from IMPT or earn IMPT to exchange for credits by shopping with over 10,000 of IMPT’s partner brands. Each carbon credit can be redeemed to offset one ton of carbon from the atmosphere. More details can be found in the IMPT whitepaper.

With an increasing number of people focused on environmental, social, and governance (ESG) investing, IMPT has the potential to be the next 50x cryptocurrency once its presale sells out. With tokens currently selling for just $0.018 and increasing to $0.023 in the second phase of the presale, there’s no better time to check out the project. Join the IMPT Telegram to learn more.

In Conclusion 

While each of the trending cryptocurrency projects we discussed are full of potential and will likely perform well in the coming months, none of them can match the value offered by Tamadoge and IMPT. Both are new projects that have the potential to reshape their respective industries, which means neither should be ignored.