Data: This year, only 42 projects performed better than BTC, October will be a strong period for the crypto industry

Cryptocurrency analyst Arndxt stated that the current market is at its bottom, with a sluggish sentiment and signs of exhaustion. However, BTC holders should feel optimistic as only 42 projects have performed better than Bitcoin this year, 11 of which are meme coins. He predicts that the market will start to build momentum by the end of September and October will be a strong period for the crypto industry. With upcoming Token Generation Events (TGE) and truly valuable projects emerging, new opportunities may arise in the market.