Here Are The Top 10 Altcoins Developers Focused Most On In October

October, which is one of the favorite months of the cryptocurrency market because there is generally an upward trend, ends with what was expected from it.

While the Bitcoin price has increased by approximately 27% in the last month, although major market value altcoins other than Solana have increased, they have remained behind the rise in BTC. SOL price has gained 63% in value in the last month.

However, as October ended, the altcoins that developers focused on most during the month became clear. In analyzes based on Santiment data, developer activity was used as a score. While creating the list, the changes made by the developers to the project codes on Github were taken as basis.

Here are the altcoins, price increases and activity scores that have seen the most developer activity in the last month:

1-Cardano (ADA) – 4.87% – 505
2-Polkadot (DOT) – 5.85% – 427
3-Hedera (HBAR) – 5.79% – 380
4-Aptos (APT) – 24.6% – 340
5-Chainlink (LINK) – 39.1% – 300%
6-Cosmos (ATOM) – 4.36% – 287
7-IOTA (IOTA) – 5.66% – 272
8-Avalanche (AVAX) – 25.3% – 250%
9-MultiversX (EGLD) – 19.9% – 138
10-Radix (XRD) – -28.4% – 127

In the September list, Cardano was at the top of the list with a score of 572. The developer activity ranking in September was as follows:

1-Cardano (ADA)
2-Polkadot (DOT)
3-Chainlink (LINK)
4-Hedera (HBAR)
5-Cosmos (ATOM)
6-Aptos (APT)
7-Avalanche (AVAX)
8-IOTA (MIOTA)
9-Radix (XRD)
10-MultiversX (EGLD)

*This is not investment advice.

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Are we entering Altcoin season already? 🚀🚀🚀

An "altcoin season" refers to a period in the cryptocurrency market when the prices of alternative cryptocurrencies (altcoins) experience significant gains compared to Bitcoin. Altcoin season is often characterised by a decline in Bitcoin's dominance in the overall cryptocurrency market.

Bitcoin dominance is a measure of Bitcoin's market capitalization relative to the total market capitalization of all cryptocurrencies. When Bitcoin's dominance decreases, it suggests that altcoins are gaining traction.

Currently, we can see bitcoin dominance declining and most altcoins rallying. e.g., Cake has done over 100% uptrend in less than one week.

Do you think altcoin season is with us?

Which altcoins are you holding for massive gain?

Share your thoughts in the comment section. See you all at the top.

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#Altcoin'sSeason

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Against the market trend, you should eat short and run
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