{"id":555335,"date":"2023-10-13T18:30:07","date_gmt":"2023-10-13T18:30:07","guid":{"rendered":"https:\/\/wncen.com\/?p=555335"},"modified":"2024-06-11T11:42:04","modified_gmt":"2024-06-11T11:42:04","slug":"bitcoin-3-altcoins-october","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-3-altcoins-october\/","title":{"rendered":"Man Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This"},"content":{"rendered":"

Bitcoin\u2019s history is filled with stories of people who put small, disposable amounts of money into the crypto and ended up making a fortune. This has been no different from the case of one Norwegian man, whose throwaway $22 Bitcoin investment has turned into a life-changing sum.<\/p>\n

When Kristoffer Koch had originally invested<\/a> in Bitcoin back in 2009, the cryptocurrency was only trading for a few cents. Koch, at the time, was intrigued which is why he said he made the purchase. He got 5,000 BTC<\/a> for around $22 at the time, although this figure often varies.<\/p>\n

Nevertheless, Koch ended up forgetting about this purchase until four years later when Bitcoin had blown up. By the time the Norwegian man got into his Bitcoin wallet<\/a>, his initial $22 purchase had ballooned into $850,000. Upon seeing the life-changing sum, Koch revealed that he had used part of the money to buy himself a flat in Oslo.<\/p>\n

Related Reading: US Mega Bank JPMorgan Predicts Harsh Drop In This Bitcoin Metric<\/a><\/div>\n

As stories like these continue to make the rounds, a question on the lips of investors, especially those who came in later than the likes of Koch, is which cryptocurrencies<\/a> could replicate such growth. So here are some picks that look good.<\/p>\n

Fetch AI (FET) Brings AI To Crypto<\/h2>\n

The AI narrative is still holding strong both within and outside the crypto market and this has positioned some projects to be able to take advantage of its expected growth. Fetch AI\u2019s native FET token<\/a> has already shown the opportunity that lies in this space but that was only in a bear market. A bull market could see FET\u2019s price rise further and do numbers.<\/p>\n

The project is looking to democratize AI access through a crypto economy. This means users will be able to access AI in a completely decentralized and permissionless way unlike the AI products seen in traditional spheres.<\/p>\n

Secret (SCRT) Challenges Bitcoin With Privacy<\/h2>\n

Presently, when the topic of privacy coins comes up, two names tend to pop up quickly, which include Monero\u2019s XMR<\/a> and Secret\u2019s SCRT<\/a>. Secret actually users \u2018Secret Contracts\u2019 to allow decentralized applications to offer completely private transactions.<\/p>\n

As the demand for privacy grows among crypto users who constantly have to be aware of the government\u2019s encroachment, SCRT\u2019s<\/a> value proposition becomes even more important. Added to its low $51 million market cap, SCRT could see a rally similar to that of Bitcoin.<\/p>\n

Radiant Capital (RDNT) With Fragmented Liquidity<\/h3>\n

When it comes to carrying out transactions on-chain, liquidity becomes king, and this is where Radiant Capital (RDNT)<\/a> comes in. The project is looking to consolidate fragmented liquidity in a bid to enhance the available liquidity for decentralized finance (DeFi) protocols.<\/p>\n

Related Reading: Bitcoin Price Plunge: Long-Term Holders Buy $1.35 Billion Worth Of BTC<\/a><\/div>\n

This will work across a number of lending protocols regardless of the blockchain that they are on. So instead of hopping from one protocol to another, DeFi users can take advantage of this using a single protocol.<\/p>\n

Radiant\u2019s value proposition in a sector that is continuously evolving and growing could see it put on a Bitcoin-like rally. This could see its market cap go from its current $70 million to billions of dollars.<\/p>\n

\"Bitcoin<\/p>\n

BTC price gearing up to retest $27,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from MARCA, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s history is filled with stories of people who put small, disposable amounts of money into the crypto and ended up making a fortune. This has been no different from the case of one Norwegian man, whose throwaway $22 Bitcoin investment has turned into a life-changing sum. When Kristoffer Koch had originally invested in Bitcoin back in 2009, the cryptocurrency was only trading for a few cents. Koch, at the time, was intrigued which is why he said he made the purchase. He got 5,000 BTC for around $22 at the time, although this figure often varies. Nevertheless, Koch ended up forgetting about this purchase until four years later when Bitcoin had blown up. By the time the Norwegian man got into his Bitcoin wallet, his initial $22 purchase had ballooned into $850,000. Upon seeing the life-changing sum, Koch revealed that he had used part of the money to buy himself a flat in Oslo. Related Reading: US Mega Bank JPMorgan Predicts Harsh Drop In This Bitcoin Metric As stories like these continue to make the rounds, a question on the lips of investors, especially those who came in later than the likes of Koch, is which cryptocurrencies could replicate such growth. So here are some picks that look good. Fetch AI (FET) Brings AI To Crypto The AI narrative is still holding strong both within and outside the crypto market and this has positioned some projects to be able to take advantage of its expected growth. Fetch AI\u2019s native FET token has already shown the opportunity that lies in this space but that was only in a bear market. A bull market could see FET\u2019s price rise further and do numbers. The project is looking to democratize AI access through a crypto economy. This means users will be able to access AI in a completely decentralized and permissionless way unlike the AI products seen in traditional spheres. Secret (SCRT) Challenges Bitcoin With Privacy Presently, when the topic of privacy coins comes up, two names tend to pop up quickly, which include Monero\u2019s XMR and Secret\u2019s SCRT. Secret actually users \u2018Secret Contracts\u2019 to allow decentralized applications to offer completely private transactions. As the demand for privacy grows among crypto users who constantly have to be aware of the government\u2019s encroachment, SCRT\u2019s value proposition becomes even more important. Added to its low $51 million market cap, SCRT could see a rally similar to that of Bitcoin. Radiant Capital (RDNT) With Fragmented Liquidity When it comes to carrying out transactions on-chain, liquidity becomes king, and this is where Radiant Capital (RDNT) comes in. The project is looking to consolidate fragmented liquidity in a bid to enhance the available liquidity for decentralized finance (DeFi) protocols. Related Reading: Bitcoin Price Plunge: Long-Term Holders Buy $1.35 Billion Worth Of BTC This will work across a number of lending protocols regardless of the blockchain that they are on. So instead of hopping from one protocol to another, DeFi users can take advantage of this using a single protocol. Radiant\u2019s value proposition in a sector that is continuously evolving and growing could see it put on a Bitcoin-like rally. This could see its market cap go from its current $70 million to billions of dollars. BTC price gearing up to retest $27,000 | Source: BTCUSD on Tradingview.com Featured image from MARCA, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":555346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876,5651,3],"tags":[134,138,142,89606,428,656,6664,14690,1558,87565,88396,85188],"class_list":["post-555335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","category-bitcoin","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-bitcoin","tag-bitcoin-news","tag-crypto","tag-crypto-news","tag-cryptocurrency","tag-fet","tag-rdnt","tag-scrt"],"acf":[],"yoast_head":"\nMan Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This<\/title>\n<meta name=\"description\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Man Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This","url":"http:\/\/wncen.com\/news\/bitcoin-3-altcoins-october\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-3-altcoins-october\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-altcoins-crypto.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-altcoins-crypto.jpeg?fit=828%2C466"},"articleSection":"Altcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","altcoin news","altcoins","altcoins news","bitcoin","bitcoin news","crypto","crypto news","cryptocurrency","fet","rdnt","scrt"],"dateCreated":"2023-10-13T18:30:07Z","datePublished":"2023-10-13T18:30:07Z","dateModified":"2024-06-11T11:42:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Man Makes A Fortune With $22 In Bitcoin: 3 Altcoins For October 2023 That Can Do This\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-3-altcoins-october\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-3-altcoins-october\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-altcoins-crypto.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-altcoins-crypto.jpeg?fit=828%2C466\"},\"articleSection\":\"Altcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"altcoin news\",\"altcoins\",\"altcoins news\",\"bitcoin\",\"bitcoin news\",\"crypto\",\"crypto news\",\"cryptocurrency\",\"fet\",\"rdnt\",\"scrt\"],\"dateCreated\":\"2023-10-13T18:30:07Z\",\"datePublished\":\"2023-10-13T18:30:07Z\",\"dateModified\":\"2024-06-11T11:42:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-altcoins-crypto.jpeg?fit=828%2C466","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555335"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=555335"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/555346"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=555335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=555335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=555335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}