What to Know: The crypto market dropped to $3.59T on October 30 A recovery pattern is beginning to form as it climbs to $3.69T the day after Crypto should still be relatively undervalued in the dip We’ve identified $PEPENODE, $HYPER, and $LINK as the best altcoins to buy The market cap for crypto fell below $3.59T on October 30, sparking concerns of a new crypto dip. However, for savvy buyers, it’s a chance to buy the best altcoins. While Bitcoin is holding steady above $110K, the overall crypto market cap fell to $3.59T on October 30. It has since rebounded to $3.69T, adding $100B back into the crypto market. One of the biggest losers during this decline was Pump.fun, which experienced a drop of over 20% from an intraweek high of $0.0053 to below $0.0042. Sustaining above $110K will be key for Bitcoin to drive the broader recovery of the cryptocurrency market. If it does, we may have already seen the worst of the dip, but there’s still plenty of time to scoop up cheap crypto before the market returns to normal. That’s why we’re taking a closer look at three altcoins we believe are undervalued at the moment. Let’s check out why PEPENODE ($PEPENODE), Bitcoin Hyper ($HYPER), and Chainlink ($LINK) are the current best altcoins to buy. 1. PEPENODE ($PEPENODE) – Earn Your $PEPENODE with this World First Mine-To-Earn Meme Coin PEPENODE ($PEPENODE) is for everyone who wants to experience the feeling of building a crypto mining empire without needing the time and money required to make a real-world server farm. It’s a virtual crypto mining simulator with its own meme coin, $PEPENODE. Servers you buy through the PEPENODE project are all stored on-chain and passively generate $PEPENODE over time. You can access them through your own customizable virtual server room through the PEPENODE game by an in-browser interface. Each server node you buy adds to your overall hash rate, which generates passive $PEPENODE for you over time. More expensive servers offer a better hashing rate, but you’ll need to select the right combination to maximize your investment in $PEPENODE. The $PEPENODE token keeps the game’s economy running. While you’ll want most of your $PEPENODE invested in servers to keep your hash rate high, if you need to cash out or upgrade your servers, you can sell your nodes for a return in $PEPENODE. The more $PEPENODE you have invested, the better your returns will be. Investing from the start gives you an advantage over later players, and the best way to ensure you have enough $PEPENODE to spend on your first server farm is with the $PEPENODE presale. Getting to the top of the PEPENODE leaderboards could reward you with airdrops in other meme coins, including $PEPE and $FARTCOIN. Any $PEPENODE purchased during the presale can be staked for rewards of up to 642% annually, significantly increasing your initial stack as soon as the game goes live. That’s why $PEPENODE has already raised over $2 million in presales, pushing the price to $0.0011272. Join the PEPENODE project before the game goes live. 2. Bitcoin Hyper ($HYPER) – A Hypercharged Solana-Based Layer-2 Upgrading Bitcoin’s Capabilities Bitcoin Hyper ($HYPER) is revolutionizing the way we perceive the Bitcoin network. It’s upgrading Bitcoin’s transaction speeds and lowering clearing fees with a Solana Virtual Machine (SVM) using zK rollups. Buying Bitcoin is an excellent idea if you need a long-term investment asset that you won’t be trading frequently. However, if you want to make a time-sensitive $BTC transaction, you’re going to be paying excessive transaction fees – and you’ll still have to wait at least ten minutes. However, Bitcoin Hyper aims to reduce transaction friction for Bitcoin to comparable levels with Ethereum and Solana. Instead of using Layer-1 for transactions, Bitcoin Hyper uses a separate Layer-2 with an SVM to temporarily record trades in a ledger. These transactions are then written back to the Layer-1 when congestion is low, offloading pressure from the Bitcoin network. This Layer-2 also supports smart contracts, allowing you to use DeFi services, trade NFTs, and swap crypto with $BTC. $HYPER is the lifeblood of the Bitcoin Hyper network. The official utility token grants you access to the Bitcoin DAO as well as exclusive features on select dApps running on the Bitcoin Hyper network. Best of all, it reduces the fees you pay when trading crypto using Bitcoin Hyper, where you can vote on the project’s future. The $HYPER presale is still live, having raised over $25.3M in token presales. It’s now $0.013195 per token, but if you buy now, you can lock in up to 46% in staking rewards. We’ve put together a quick ‘How to Buy Bitcoin Hyper’ guide if you need more information. Get your $HYPER tokens today and earn up to 49% in staking rewards. 3. Chainlink ($LINK) – Bridging the Gap Between On-Chain Trust and Off-Chain Data $LINK is the native token of Chainlink, a decentralized oracle network that enables blockchain developers to build smart contracts that securely connect with external data sources. Developing infrastructure for Web3 is very different from working with the rest of the internet. You can assume that the data sources you’re working with are verified on-chain and thus trustworthy, but that’s not true if the data you need to process comes from off-chain sources. Chainlink solves this problem by providing tamper-proof information provided by a decentralized network. Each Chainlink operator runs nodes that can be asked for data by other blockchain programs. The node fetches the data from the internet, which is then presented back to the chain. If the data provided is validated by the rest of the nodes in the network, the Chainlink operator is rewarded with $LINK. $LINK is currently trading at $17.22, representing a 45% increase over the last year. Although October was a difficult month for $LINK, it remains the 13th largest cryptocurrency by market cap at $12 billion. Additional institutional investment into $LINK could see the token jump to over $20. For example, JPMorgan completed its first inter-chain fund transfer this year after using Chainlink to facilitate a trade between its internal Kinexys blockchain and the Ondo Finance chain. News of this boosted the coin’s value by $4 in May 2025. You can purchase $LINK through any major CEX or DEX. All crypto products are volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/crypto-market-is-down-smart-money-buys-dip-best-altcoins/What to Know: The crypto market dropped to $3.59T on October 30 A recovery pattern is beginning to form as it climbs to $3.69T the day after Crypto should still be relatively undervalued in the dip We’ve identified $PEPENODE, $HYPER, and $LINK as the best altcoins to buy The market cap for crypto fell below $3.59T on October 30, sparking concerns of a new crypto dip. However, for savvy buyers, it’s a chance to buy the best altcoins. While Bitcoin is holding steady above $110K, the overall crypto market cap fell to $3.59T on October 30. It has since rebounded to $3.69T, adding $100B back into the crypto market. One of the biggest losers during this decline was Pump.fun, which experienced a drop of over 20% from an intraweek high of $0.0053 to below $0.0042. Sustaining above $110K will be key for Bitcoin to drive the broader recovery of the cryptocurrency market. If it does, we may have already seen the worst of the dip, but there’s still plenty of time to scoop up cheap crypto before the market returns to normal. That’s why we’re taking a closer look at three altcoins we believe are undervalued at the moment. Let’s check out why PEPENODE ($PEPENODE), Bitcoin Hyper ($HYPER), and Chainlink ($LINK) are the current best altcoins to buy. 1. PEPENODE ($PEPENODE) – Earn Your $PEPENODE with this World First Mine-To-Earn Meme Coin PEPENODE ($PEPENODE) is for everyone who wants to experience the feeling of building a crypto mining empire without needing the time and money required to make a real-world server farm. It’s a virtual crypto mining simulator with its own meme coin, $PEPENODE. Servers you buy through the PEPENODE project are all stored on-chain and passively generate $PEPENODE over time. You can access them through your own customizable virtual server room through the PEPENODE game by an in-browser interface. Each server node you buy adds to your overall hash rate, which generates passive $PEPENODE for you over time. More expensive servers offer a better hashing rate, but you’ll need to select the right combination to maximize your investment in $PEPENODE. The $PEPENODE token keeps the game’s economy running. While you’ll want most of your $PEPENODE invested in servers to keep your hash rate high, if you need to cash out or upgrade your servers, you can sell your nodes for a return in $PEPENODE. The more $PEPENODE you have invested, the better your returns will be. Investing from the start gives you an advantage over later players, and the best way to ensure you have enough $PEPENODE to spend on your first server farm is with the $PEPENODE presale. Getting to the top of the PEPENODE leaderboards could reward you with airdrops in other meme coins, including $PEPE and $FARTCOIN. Any $PEPENODE purchased during the presale can be staked for rewards of up to 642% annually, significantly increasing your initial stack as soon as the game goes live. That’s why $PEPENODE has already raised over $2 million in presales, pushing the price to $0.0011272. Join the PEPENODE project before the game goes live. 2. Bitcoin Hyper ($HYPER) – A Hypercharged Solana-Based Layer-2 Upgrading Bitcoin’s Capabilities Bitcoin Hyper ($HYPER) is revolutionizing the way we perceive the Bitcoin network. It’s upgrading Bitcoin’s transaction speeds and lowering clearing fees with a Solana Virtual Machine (SVM) using zK rollups. Buying Bitcoin is an excellent idea if you need a long-term investment asset that you won’t be trading frequently. However, if you want to make a time-sensitive $BTC transaction, you’re going to be paying excessive transaction fees – and you’ll still have to wait at least ten minutes. However, Bitcoin Hyper aims to reduce transaction friction for Bitcoin to comparable levels with Ethereum and Solana. Instead of using Layer-1 for transactions, Bitcoin Hyper uses a separate Layer-2 with an SVM to temporarily record trades in a ledger. These transactions are then written back to the Layer-1 when congestion is low, offloading pressure from the Bitcoin network. This Layer-2 also supports smart contracts, allowing you to use DeFi services, trade NFTs, and swap crypto with $BTC. $HYPER is the lifeblood of the Bitcoin Hyper network. The official utility token grants you access to the Bitcoin DAO as well as exclusive features on select dApps running on the Bitcoin Hyper network. Best of all, it reduces the fees you pay when trading crypto using Bitcoin Hyper, where you can vote on the project’s future. The $HYPER presale is still live, having raised over $25.3M in token presales. It’s now $0.013195 per token, but if you buy now, you can lock in up to 46% in staking rewards. We’ve put together a quick ‘How to Buy Bitcoin Hyper’ guide if you need more information. Get your $HYPER tokens today and earn up to 49% in staking rewards. 3. Chainlink ($LINK) – Bridging the Gap Between On-Chain Trust and Off-Chain Data $LINK is the native token of Chainlink, a decentralized oracle network that enables blockchain developers to build smart contracts that securely connect with external data sources. Developing infrastructure for Web3 is very different from working with the rest of the internet. You can assume that the data sources you’re working with are verified on-chain and thus trustworthy, but that’s not true if the data you need to process comes from off-chain sources. Chainlink solves this problem by providing tamper-proof information provided by a decentralized network. Each Chainlink operator runs nodes that can be asked for data by other blockchain programs. The node fetches the data from the internet, which is then presented back to the chain. If the data provided is validated by the rest of the nodes in the network, the Chainlink operator is rewarded with $LINK. $LINK is currently trading at $17.22, representing a 45% increase over the last year. Although October was a difficult month for $LINK, it remains the 13th largest cryptocurrency by market cap at $12 billion. Additional institutional investment into $LINK could see the token jump to over $20. For example, JPMorgan completed its first inter-chain fund transfer this year after using Chainlink to facilitate a trade between its internal Kinexys blockchain and the Ondo Finance chain. News of this boosted the coin’s value by $4 in May 2025. You can purchase $LINK through any major CEX or DEX. All crypto products are volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/crypto-market-is-down-smart-money-buys-dip-best-altcoins/

Crypto Market Is Down: Smart Money Buys the Dip

2025/10/31 23:55
6 min read

What to Know:

  • The crypto market dropped to $3.59T on October 30
  • A recovery pattern is beginning to form as it climbs to $3.69T the day after
  • Crypto should still be relatively undervalued in the dip
  • We’ve identified $PEPENODE, $HYPER, and $LINK as the best altcoins to buy

The market cap for crypto fell below $3.59T on October 30, sparking concerns of a new crypto dip. However, for savvy buyers, it’s a chance to buy the best altcoins.

While Bitcoin is holding steady above $110K, the overall crypto market cap fell to $3.59T on October 30. It has since rebounded to $3.69T, adding $100B back into the crypto market.

Graph showing crypto market cap dropping on October 30th

One of the biggest losers during this decline was Pump.fun, which experienced a drop of over 20% from an intraweek high of $0.0053 to below $0.0042.

Sustaining above $110K will be key for Bitcoin to drive the broader recovery of the cryptocurrency market. If it does, we may have already seen the worst of the dip, but there’s still plenty of time to scoop up cheap crypto before the market returns to normal.

That’s why we’re taking a closer look at three altcoins we believe are undervalued at the moment. Let’s check out why PEPENODE ($PEPENODE), Bitcoin Hyper ($HYPER), and Chainlink ($LINK) are the current best altcoins to buy.

1. PEPENODE ($PEPENODE) – Earn Your $PEPENODE with this World First Mine-To-Earn Meme Coin

PEPENODE ($PEPENODE) is for everyone who wants to experience the feeling of building a crypto mining empire without needing the time and money required to make a real-world server farm. It’s a virtual crypto mining simulator with its own meme coin, $PEPENODE.

Servers you buy through the PEPENODE project are all stored on-chain and passively generate $PEPENODE over time. You can access them through your own customizable virtual server room through the PEPENODE game by an in-browser interface.

Each server node you buy adds to your overall hash rate, which generates passive $PEPENODE for you over time. More expensive servers offer a better hashing rate, but you’ll need to select the right combination to maximize your investment in $PEPENODE.

The $PEPENODE token keeps the game’s economy running. While you’ll want most of your $PEPENODE invested in servers to keep your hash rate high, if you need to cash out or upgrade your servers, you can sell your nodes for a return in $PEPENODE.

The more $PEPENODE you have invested, the better your returns will be. Investing from the start gives you an advantage over later players, and the best way to ensure you have enough $PEPENODE to spend on your first server farm is with the $PEPENODE presale.

Getting to the top of the PEPENODE leaderboards could reward you with airdrops in other meme coins, including $PEPE and $FARTCOIN.

Any $PEPENODE purchased during the presale can be staked for rewards of up to 642% annually, significantly increasing your initial stack as soon as the game goes live. That’s why $PEPENODE has already raised over $2 million in presales, pushing the price to $0.0011272.

Join the PEPENODE project before the game goes live.

2. Bitcoin Hyper ($HYPER) – A Hypercharged Solana-Based Layer-2 Upgrading Bitcoin’s Capabilities

Bitcoin Hyper ($HYPER) is revolutionizing the way we perceive the Bitcoin network. It’s upgrading Bitcoin’s transaction speeds and lowering clearing fees with a Solana Virtual Machine (SVM) using zK rollups.

Buying Bitcoin is an excellent idea if you need a long-term investment asset that you won’t be trading frequently. However, if you want to make a time-sensitive $BTC transaction, you’re going to be paying excessive transaction fees – and you’ll still have to wait at least ten minutes.

However, Bitcoin Hyper aims to reduce transaction friction for Bitcoin to comparable levels with Ethereum and Solana. Instead of using Layer-1 for transactions, Bitcoin Hyper uses a separate Layer-2 with an SVM to temporarily record trades in a ledger.

These transactions are then written back to the Layer-1 when congestion is low, offloading pressure from the Bitcoin network. This Layer-2 also supports smart contracts, allowing you to use DeFi services, trade NFTs, and swap crypto with $BTC.

$HYPER is the lifeblood of the Bitcoin Hyper network. The official utility token grants you access to the Bitcoin DAO as well as exclusive features on select dApps running on the Bitcoin Hyper network.

Best of all, it reduces the fees you pay when trading crypto using Bitcoin Hyper, where you can vote on the project’s future.

The $HYPER presale is still live, having raised over $25.3M in token presales. It’s now $0.013195 per token, but if you buy now, you can lock in up to 46% in staking rewards. We’ve put together a quick ‘How to Buy Bitcoin Hyper’ guide if you need more information.

Get your $HYPER tokens today and earn up to 49% in staking rewards.

$LINK is the native token of Chainlink, a decentralized oracle network that enables blockchain developers to build smart contracts that securely connect with external data sources.

Developing infrastructure for Web3 is very different from working with the rest of the internet. You can assume that the data sources you’re working with are verified on-chain and thus trustworthy, but that’s not true if the data you need to process comes from off-chain sources.

Chainlink solves this problem by providing tamper-proof information provided by a decentralized network. Each Chainlink operator runs nodes that can be asked for data by other blockchain programs. The node fetches the data from the internet, which is then presented back to the chain.

If the data provided is validated by the rest of the nodes in the network, the Chainlink operator is rewarded with $LINK.

$LINK is currently trading at $17.22, representing a 45% increase over the last year. Although October was a difficult month for $LINK, it remains the 13th largest cryptocurrency by market cap at $12 billion. Additional institutional investment into $LINK could see the token jump to over $20.

For example, JPMorgan completed its first inter-chain fund transfer this year after using Chainlink to facilitate a trade between its internal Kinexys blockchain and the Ondo Finance chain. News of this boosted the coin’s value by $4 in May 2025.

You can purchase $LINK through any major CEX or DEX.

All crypto products are volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/crypto-market-is-down-smart-money-buys-dip-best-altcoins/

Market Opportunity
Smart Blockchain Logo
Smart Blockchain Price(SMART)
$0.003594
$0.003594$0.003594
-6.25%
USD
Smart Blockchain (SMART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

HitPaw API is Integrated by Comfy for Professional Image and Video Enhancement to Global Creators

HitPaw API is Integrated by Comfy for Professional Image and Video Enhancement to Global Creators

SAN FRANCISCO, Feb. 7, 2026 /PRNewswire/ — HitPaw, a leader in AI-powered visual enhancement solutions, announced Comfy, a global content creation platform, is
Share
AI Journal2026/02/08 09:15
Journalist gives brutal review of Melania movie: 'Not a single person in the theater'

Journalist gives brutal review of Melania movie: 'Not a single person in the theater'

A Journalist gave a brutal review of the new Melania documentary, which has been criticized by those who say it won't make back the huge fees spent to make it,
Share
Rawstory2026/02/08 09:08
Jerome Powell’s Press Conference: Crucial Insights Unveiled for the Market’s Future

Jerome Powell’s Press Conference: Crucial Insights Unveiled for the Market’s Future

BitcoinWorld Jerome Powell’s Press Conference: Crucial Insights Unveiled for the Market’s Future The financial world, including the dynamic cryptocurrency market, often hangs on every word from the Federal Reserve. Recently, Jerome Powell’s press conference following the Federal Open Market Committee (FOMC) meeting concluded, leaving investors and analysts dissecting his remarks for clues about the future economic direction. This event is always a pivotal moment, shaping expectations for inflation, interest rates, and the overall stability of global markets. What Were the Key Takeaways from Jerome Powell’s Press Conference? During Jerome Powell’s press conference, the Fed Chair provided an update on the central bank’s monetary policy decisions and its economic outlook. His statements often reiterate the Fed’s dual mandate: achieving maximum employment and stable prices. This time was no different, with a strong emphasis on managing persistent inflation. Key points from the recent discussion included: Inflation Control: Powell emphasized the Fed’s unwavering commitment to bringing inflation back down to its 2% target. He reiterated that the fight against rising prices remains the top priority, even if it entails some economic slowdown. Interest Rate Policy: While the Fed’s stance on future interest rate adjustments was discussed, the path remains data-dependent. Powell indicated that decisions would continue to be made meeting-by-meeting, based on incoming economic data. Economic Projections: The updated Summary of Economic Projections (SEP) offered insights into the Fed’s forecasts for GDP growth, unemployment, and inflation. These projections help market participants gauge the central bank’s expectations for the economy’s trajectory. Quantitative Tightening (QT): The ongoing process of reducing the Fed’s balance sheet, known as quantitative tightening, was also a topic. This reduction in liquidity in the financial system has broad implications for asset prices. How Did Jerome Powell’s Remarks Impact Cryptocurrency Markets? The conclusion of Jerome Powell’s press conference often sends ripples through traditional financial markets, and cryptocurrencies are increasingly sensitive to these macroeconomic shifts. Digital assets, once thought to be uncorrelated, now frequently react to the Fed’s monetary policy signals. Higher interest rates, for instance, tend to make riskier assets like cryptocurrencies less attractive. This is because investors might prefer safer, interest-bearing investments. Consequently, we often see increased volatility in Bitcoin (BTC) and Ethereum (ETH) prices immediately following such announcements. The tightening of financial conditions, driven by the Fed, reduces overall liquidity in the system, which can put downward pressure on asset valuations across the board. However, some argue that this growing correlation signifies crypto’s increasing integration into the broader financial ecosystem. It suggests that institutional investors and mainstream finance are now paying closer attention to digital assets, treating them more like other risk-on investments. Navigating the Economic Landscape After Jerome Powell’s Press Conference For cryptocurrency investors, understanding the implications of Jerome Powell’s press conference is crucial for making informed decisions. The Fed’s policy trajectory directly influences the availability of capital and investor sentiment, which are key drivers for crypto valuations. Here are some actionable insights for navigating this environment: Stay Informed: Regularly monitor Fed announcements and economic data releases. Understanding the macroeconomic backdrop is as important as analyzing individual crypto projects. Assess Risk Tolerance: In periods of economic uncertainty and tighter monetary policy, a reassessment of personal risk tolerance is wise. Diversification within your crypto portfolio and across different asset classes can mitigate potential downsides. Focus on Fundamentals: While market sentiment can be swayed by macro news, projects with strong fundamentals, clear use cases, and robust development teams tend to perform better in the long run. Long-Term Perspective: Cryptocurrency markets are known for their volatility. Adopting a long-term investment horizon can help weather short-term fluctuations driven by macro events like Fed meetings. The challenges include potential continued volatility and reduced liquidity. However, opportunities may arise from market corrections, allowing strategic investors to accumulate assets at lower prices. In summary, Jerome Powell’s press conference provides essential guidance on the Fed’s economic strategy. Its conclusions have a profound impact on financial markets, including the dynamic world of cryptocurrencies. Staying informed, understanding the nuances of monetary policy, and maintaining a strategic investment approach are paramount for navigating the evolving economic landscape. The Fed’s actions underscore the interconnectedness of traditional finance and the burgeoning digital asset space. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policy-making body of the Federal Reserve System. It sets the federal funds rate target and directs open market operations, influencing the availability of money and credit in the U.S. economy. Q2: How do the Fed’s interest rate decisions typically affect cryptocurrency markets? A2: Generally, when the Fed raises interest rates, it makes borrowing more expensive and reduces liquidity in the financial system. This often leads investors to shy away from riskier assets like cryptocurrencies, potentially causing prices to decline. Conversely, lower rates can stimulate investment in riskier assets. Q3: What does “data-dependent” mean in the context of Fed policy? A3: “Data-dependent” means that the Federal Reserve’s future monetary policy decisions, such as interest rate adjustments, will primarily be based on the latest economic data. This includes inflation reports, employment figures, and GDP growth, rather than a predetermined schedule. Q4: Should I change my cryptocurrency investment strategy based on Jerome Powell’s press conference? A4: While it’s crucial to be aware of the macroeconomic environment shaped by Jerome Powell’s press conference, drastic changes to a well-researched investment strategy may not always be necessary. It’s recommended to review your portfolio, assess your risk tolerance, and consider if your strategy aligns with the current economic outlook, focusing on long-term fundamentals. If you found this analysis helpful, please consider sharing it with your network! Your insights and shares help us reach more readers interested in the intersection of traditional finance and the exciting world of cryptocurrencies. Spread the word! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Jerome Powell’s Press Conference: Crucial Insights Unveiled for the Market’s Future first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 16:25