Top 6 Altcoins to Watch on September 28: Stellar, THORChain, More[embed]https://www.youtube.com/watch?v=GSzafwdafhw[/embed]

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    <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Join Our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel to receive the latest updates on breaking news</p>
</div></div></div><p><span style="font-weight: 400">Bitcoin has rallied beyond $66,000, and Altcoin Buzz has explored the potential catalysts for a move towards the $70,000 milestone. Analysts highlight the Federal Reserve's recent reductions in interest rates as a significant factor, as lower rates generally promote investment in high-risk assets like Bitcoin.</span></p>
<p><span style="font-weight: 400">As reported by Into The Cryptoverse (ITC), Solana is on a steady path to recovery following a drastic bear market that caused significant price drops and loss of market cap. A recent chart from ITC indicates that SOL's dominance peaked around 4% during the 2021 bull market before significantly declining in subsequent months. Other altcoins are also witnessing bullish price movements. For those aiming to seize the current market optimism, here are five altcoins worth watching today.</span></p>
<h2><b>6 Top Altcoins To Monitor Today</b></h2>
<p><span style="font-weight: 400">Stellar (XLM) operates as a decentralized peer-to-peer network. THORChain has been crucial in assisting multiple platforms to generate notable passive income. Chainlink provides a blockchain abstraction layer, enabling smart contracts to connect with outside data sources.</span></p>
<p><span style="font-weight: 400">Pepe Unchained (PEPU) is gaining traction in the cryptocurrency market thanks to a successful presale and a compelling strategy aimed at attracting developers. Binance's founder </span><a href="https://www.cnbc.com/video/2024/09/27/binance-changpeng-zhao-release-four-month-prison-sentence-crypto-world.html"><span style="font-weight: 400">Changpeng Zhao</span></a><span style="font-weight: 400"> has been released after serving four months.</span></p>
<h3><b>1. ETHW (Ethereum PoW)</b></h3>
<p><span style="font-weight: 400">ETHW is currently priced at $2.86, representing a significant 21.77% increase over the past day. Year-to-date, the asset has appreciated by 113%, outperforming 57% of the top 100 cryptocurrencies in terms of returns.</span></p>
<p><span style="font-weight: 400">ETHW is now trading 28.74% above its 200-day Simple Moving Average (SMA) of $2.23, suggesting a favorable long-term trend. Additionally, the token has recorded 18 out of 30 positive days in the past month, accounting for 60% of the time with a modest volatility of 11.00%.</span></p>
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<p><span style="font-weight: 400">EthereumPoW is seeing a positive market sentiment, with the Fear &amp; Greed Index registering a value of 64, indicating a state of greed. Predictions suggest a potential price increase of 231.95%, which could propel ETHW to $8.65 by October 28. Given the technical indicators, the current market dynamics may present a favorable opportunity for prospective investors.</span></p>
<h3><b>2. Stellar (XLM)</b></h3>
<p><span style="font-weight: 400">Stellar (XLM) is a decentralized, peer-to-peer network developed by the Stellar Development Foundation and established in 2015. Its main goal is to link global financial systems by providing a dependable and cost-effective protocol for payment providers and financial institutions. Stellar enables rapid and secure transactions, allowing users to create, send, and trade a variety of cryptocurrencies.</span></p>
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<p><span style="font-weight: 400">Currently, Stellar's price is at $0.100796, reflecting a 2.41% increase in the past 24 hours. The platform has demonstrated robust liquidity in relation to its market capitalization, facilitating easy trading. Over the previous month, Stellar has experienced 19 days of price gains (63% of the time), indicating a positive market trend.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="14.38036809816">
<p lang="en" dir="ltr">This week, we're highlighting our Policy team's latest contributions to public blockchains. Stay tuned for insights regarding stablecoins, digital assets, and the financial future.</p>
<p>Starting with our engagement with <a href="https://twitter.com/StablecoinStnd?ref_src=twsrc%5Etfw">@StablecoinStnd</a>, discussing how public blockchains like Stellar…</p>
<p>— Stellar (@StellarOrg) <a href="https://twitter.com/StellarOrg/status/1838293606026875226?ref_src=twsrc%5Etfw">September 23, 2024</a></p></blockquote>

<p><span style="font-weight: 400">At present, market sentiment towards Stellar is neutral, with 21 technical indicators indicating bullish trends. Regardless, the network continues to be regarded as a promising method for financial transactions, although its future success will heavily depend on broader market trends.</span></p>
<h3><b>3. THORChain (RUNE)</b></h3>
<p><span style="font-weight: 400">THORChain has significantly contributed to enabling multiple platforms to generate considerable passive income. To date, these platforms have accrued over 3.69 million $RUNE in affiliate fees, valued at around $19 million. Currently, the price of THORChain is $5.43, reflecting a 1.91% uptick in the last 24 hours.</span></p>
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<p><span style="font-weight: 400">Over the past year, RUNE's price has increased by 179%, outperforming 70% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. Currently, it is trading well above its 200-day simple moving average (SMA), being 85.23% higher than the $2.93 mark. In addition, the token has shown 15 successful trading days in the last 30 days, indicating a 50% success rate.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="4.104347826087">
<p lang="en" dir="ltr">THORChain Q3 2024 Overview by <a href="https://twitter.com/reflexivityres?ref_src=twsrc%5Etfw">@reflexivityres</a> <a href="https://t.co/OV24JdhmfB">https://t.co/OV24JdhmfB</a></p>
<p>— THORChain (@THORChain) <a href="https://twitter.com/THORChain/status/1839853802695897346?ref_src=twsrc%5Etfw">September 28, 2024</a></p></blockquote>

<p><span style="font-weight: 400">Technical indicators are displaying a bullish outlook, with the Fear &amp; Greed Index at 64, indicating market greed. Volatility has remained moderate at 11.65% over the past month. Based on current projections, the price of THORChain may rise by 27.05%, potentially reaching $6.79 by October 28, 2024. Thus, this period could be seen as an advantageous time to invest.</span></p>
<h3><b>4. Ethena (ENA)</b></h3>
<p><span style="font-weight: 400">Ethena Labs, recognized for its synthetic USDe dollar, has launched a new stablecoin, UStb, which will invest its reserves in Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). This follows their previous introduction of the synthetic USDe, a stablecoin pegged to the dollar using a cash-and-carry arbitrage approach.</span></p>
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<p><span style="font-weight: 400">The rollout of UStb aims to furnish users and exchange partners with greater options. This announcement led to a 14% increase in the value of Ethena’s ENA governance token, elevating its price from $0.307 to $0.378 overnight.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="11.15625">
<p lang="en" dir="ltr">We are thrilled to introduce Ethena's latest product: UStb</p>
<p>UStb will be fully backed by <a href="https://twitter.com/BlackRock?ref_src=twsrc%5Etfw">@Blackrock</a> BUIDL in collaboration with <a href="https://twitter.com/Securitize?ref_src=twsrc%5Etfw">@Securitize</a>, introducing a separate fiat stablecoin product alongside USDe</p>
<p>More details on its significance: <a href="https://t.co/jOIoMef7W3">pic.twitter.com/jOIoMef7W3</a></p>
<p>— Ethena Labs (@ethena_labs) <a href="https://twitter.com/ethena_labs/status/1839258925981642834?ref_src=twsrc%5Etfw">September 26, 2024</a></p></blockquote>

<p><span style="font-weight: 400">The ENA token is currently valued at $0.358544, with a 1.83% rise in the last 24 hours. The token has experienced favorable price movements on 17 of the past 30 days, indicating a 57% rate of days closing higher than opening. With strong liquidity relating to its market cap and trading near a cycle high, market sentiment seems optimistic. Sixteen technical indicators back this positive perspective.</span></p>
<h3><b>5. Chainlink (LINK)</b></h3>
<p><span style="font-weight: 400">Chainlink acts as a blockchain abstraction layer that allows smart contracts to connect with external data sources. Utilizing a decentralized Oracle network, it securely connects blockchains to off-chain data, events, and payment systems. This capability is crucial for smart contracts that require external information for effective operation.</span></p>
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<p><span style="font-weight: 400">Chainlink is currently trading at $12.90 after a 0.97% increase during the day. Its price has risen by 66% over the last year, demonstrating solid growth. The token has also fared well compared to its initial sale price. Over the past 30 days, Chainlink had 17 trading days (57%) where the closing price was higher than the opening, illustrating a favorable market sentiment. Additionally, its liquidity is strong given its market capitalization.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="10.433121019108">
<p lang="en" dir="ltr">The quality of data inputs and the security of oracle mechanisms delivering them on-chain are critical to safeguarding dApps.</p>
<p>Learn about the five security risks to consider when selecting a blockchain oracle and how Chainlink addresses them: <a href="https://t.co/hvlMTANId6">https://t.co/hvlMTANId6</a></p>
<p>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1839849256917573666?ref_src=twsrc%5Etfw">September 28, 2024</a></p></blockquote>

<p><span style="font-weight: 400">Forecasts indicate that Chainlink’s price might rise by 8.93%, potentially reaching $13.92 by October 28, 2024. Although technical indicators presently reflect neutral market sentiment, the Fear &amp; Greed Index indicates a rating of 64, signaling market greed. With 17 positive days in the past month and a volatility of 6.11%, some investors view this as a reasonable opportunity to buy Chainlink, though caution remains advisable.</span></p>
<h3><b>6. Pepe Unchained (PEPU)</b></h3>
<p><span style="font-weight: 400">Pepe Unchained (PEPU) is gaining popularity in the cryptocurrency arena, mainly due to a successful presale and a distinctive approach to appealing to developers. The project has already raised over $16 million and aims to differentiate itself by establishing a Layer-2 network specifically designed for meme coins. This network promises quicker transactions and lower fees compared to Ethereum while maintaining a strong emphasis on security.</span></p>
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<p><span style="font-weight: 400">A fundamental aspect of Pepe Unchained’s strategy is its developer grant initiative, dubbed “Pepe Frens with Benefits.” This program encourages the development of decentralized apps (dApps), NFTs, and DeFi instruments. By providing these grants, the team aims to ensure the platform is well-prepared with functional applications upon its official rollout. This developer-centric approach during the presale stage could enable Pepe Unchained to compete effectively in the growing Layer-2 market.</span></p>
<p><span style="font-weight: 400">Investors are increasingly interested in Pepe Unchained, which currently offers an APY of 133%. Tokens are priced at $0.00988, and speculation regarding potential listings on major exchanges is driving excitement. While the project has not disclosed specific details, hints of potential “Tier-1” exchange listings are causing anticipation.</span></p>
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<p lang="en" dir="ltr">Boom! $16M raised!</p>
<p>Pepe Unchained continues to break records, and we are just getting started!  <a href="https://t.co/Qtkw0w0n85">pic.twitter.com/Qtkw0w0n85</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1840002970668486955?ref_src=twsrc%5Etfw">September 28, 2024</a></p>
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<p><span style="font-weight: 400">Furthermore, interest from larger investors, often referred to as “crypto whales,” lends credibility to the project. Recent acquisitions of 23 ETH and 10 ETH demonstrate increasing confidence, a factor that is commonly viewed as a positive sign of a project's prospective success.</span></p>
<p><span style="font-weight: 400">Explore Pepe Unchained Presale</span></p>
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