Data: Only 42 Projects Outperform BTC This Year, October Expected to Be a Strong Month for the Crypto Industry
Crypto analyst Arndxt has stated that the market is currently at a bottom, with weak sentiment and signs of exhaustion. However, BTC holders should remain optimistic, as only 42 projects have outperformed Bitcoin this year, 11 of which are meme coins.
He predicts that by the end of September, the market will begin to gather momentum, and October will mark a strong period for the crypto industry. With upcoming Token Generation Events (TGE) and the emergence of genuinely valuable projects, the market may experience new opportunities.