Top NFT cryptocurrencies to watch in October as big companies dig in
One of the markets that has a lot of potential to take off in October is the NFT market. That’s because some of the biggest companies in the world are getting into NFTs, and that means not only the potential for value growth, but also FOMO. That’s why as we enter the new month, it makes sense to start scouting for the best NFT cryptocurrencies that will make the most of the new month.
To do this, you need to look at where the big companies that have an interest in Web 3.0 and specifically NFTs are placing their bets. Among the companies setting the narrative are Disney, Apple and Mastercard.
Disney recently announced an accelerator program for Web 3.0 projects. For its part, Apple has announced that developers can buy and sell NFTs through the App Store, a big move given the huge number of people using the Apple Store. Mastercard has also not been left behind and has announced that their European customers who are invested in top NFTs like cryptopunks can now customize their cards and also stake Hi tokens via Mastercard debit card.
In keeping with the moves that the big companies are making, here are three NFT and Web 3.0 cryptocurrencies to watch in October.
ApeCoin (APE)
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, along with crypto/fiat and crypto/crypto pairs. eToro users can connect, learn from and copy or be copied by other users.
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Nexo
Since 2018, Nexo has endeavored to bring professional financial services to the world of digital assets. Leveraging the best of the team’s years of experience in FinTech together with the power of blockchain technology, Nexo enables millions of people to harness the value behind their crypto assets, shaping a new, better financial system.
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ApeCoin (APE) is rising to the top of NFT cryptocurrencies that could do well in October 2022, and for good reason. The move by Mastercard for NFT-customized debit cards, more specifically, Crypto Punks is likely to trigger speculators’ interest in ApeCoin. That’s because it’s the cryptocurrency associated with the Crypto Punks and Bored Ape lines of NFTs. As such, if speculators expect ApeCoin to benefit from the excitement surrounding the MasterCard news, APE may be rallying purely on FOMO.
Polygon (MATIC)
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, along with crypto/fiat and crypto/crypto pairs. eToro users can connect, learn from and copy or be copied by other users.
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Bit stamp
Bitstamp is a leading cryptocurrency exchange that offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company that offers users an intuitive interface, a high level of security for your digital assets, excellent customer support and multiple withdrawal methods.
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With all the excitement surrounding NFTs, especially in the entertainment world, investors are likely to start looking at cryptocurrencies that are on the radar of major companies. Polygon is one of those that has recently attracted the attention of a strategic company, and that is Disney.
A while back, Polygon hit the news after it was included in Disney’s accelerator program. The move was part of Disney’s broader strategy to get into crypto, and more specifically into Web 3.0. As such, if there is FOMO around NFT cryptocurrencies in October, Polygon (MATIC) is uniquely positioned to benefit.
Sandbox (SAND)
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, along with crypto/fiat and crypto/crypto pairs. eToro users can connect, learn from and copy or be copied by other users.
Buy SAND with eToro today
Bit stamp
Bitstamp is a leading cryptocurrency exchange that offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company that offers users an intuitive interface, a high level of security for your digital assets, excellent customer support and multiple withdrawal methods.
Buy SAND with Bitstamp today
Sandbox (SAND) is also likely to be on speculators’ radar thanks to recent moves by music powerhouse Warner Music. Warner Music has announced that it is partnering with OpenSea to allow artists to sell their music as NFTs. This is a big deal for Sandbox because Warner Music already has a music Metaverse on Sandbox.
Essentially, as the company continues to grow its virtual presence, the value of Metaverse will also increase. This news is likely to create speculator excitement around the Sandbox, not just in October, but for many months to come. If the broader market turns bullish in October, Sandbox could end the month with double or triple digits.
