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Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000

Top Altcoins to Watch as XRP Liquidations Shake the Market

Aaron Walker
Aaron Walker
Last Updated: October 8, 2025 3:34 pm
5 mins read
Best Altcoins to Buy as XRP Liquidations Scare Traders

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A sudden 4,455% spike in $XRP’s hourly liquidation imbalance just wiped out $8.14M in bullish bets, and the market’s feeling it

The sharp reversal caught overleveraged traders as $XRP tumbled from $3.05 to $2.88 within the hour, erasing days of momentum.

Coming right after $XRP briefly surpassed BlackRock in market cap, the drop shows just how fragile sentiment remains in Uptober’s volatile environment run.

As risk-off sentiment spreads, some traders are already seeking the next breakout opportunities in top altcoins to buy, such as Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and Aster ($ASTER).

XRP’s Liquidation Shock

$XRP’s recent move was a complete wipeout. According to Coinglass data, long positions fueled the liquidation imbalance, with bulls losing nearly $25M in 24 hours, including a single hour that wiped out $8.14M.

XRP Liquidation
Source: Coinglass

The price drop knocked $XRP out of the top three cryptocurrencies by market cap, with $BNB reclaiming the spot after its own surge to new all-time highs. Investors who once bet on $XRP’s momentum toward its ATH of $3.66 are now watching confidence fade fast.

This sudden correction highlights how quickly leverage can backfire on traders in a thin market. While $XRP bulls recover from losses, rotation is already underway. The focus is shifting toward trending cryptocurrencies showing real momentum and early upside potential.

1. Bitcoin Hyper ($HYPER) – The Bitcoin Layer 2 That Actually Works

As $BTC stays strong above $122K, traders are shifting into ecosystems that expand Bitcoin’s utility, and Bitcoin Hyper ($HYPER) is at the forefront.

Bitcoin Hyper is a complete Layer 2 scaling solution powered by Solana’s Virtual Machine (SVM). In simple terms, it provides Bitcoin with what it’s always lacked – speed and low fees. That results in instant $BTC payments, DeFi applications, and even meme coins, all secured by Bitcoin’s main layer.

Discover how to buy Bitcoin Hyper in our guide.

Bitcoin Layer 2

Here’s how it works: you bridge your $BTC in, the system verifies it on-chain, then mints the same amount on Bitcoin Hyper’s network. Transactions run sub-second and near-zero cost before settling back to Bitcoin via zero-knowledge proofs.

$HYPER has raised $22.6M, with tokens priced at $0.013085 in presale. In our Bitcoin Hyper price prediction, we cover why we believe $HYPER could reach $0.253 by 2030.

In a week where $XRP’s ‘utility’ narrative took a beating, $HYPER shows what real scalability looks like.

Grab $HYPER before the next presale price jump.

2. Maxi Doge ($MAXI) – Meme Culture Meets the Bull Market Grind

When blue-chip coins wobble, the best meme coins usually get their second wind, and Maxi Doge ($MAXI) is ready to flex. The ultra-ripped cousin of Dogecoin, Maxi Doge channels the degen bull run mindset with muscle, memes, and market discipline.

$MAXI celebrates pure grind culture by never skipping leg day or a 1000x play. The branding is absurd, but it resonates strongly with traders who prioritize conviction and community over charts. With Dogecoin ($DOGE) up 136% in the past year, meme season’s clearly not over.

Maxi Doge ($MAXI) tokenomics, displaying the $MAXI utility of staking, contests, and partner events.

The project has raised $2.84M so far, priced at $0.000261 per token, and offers a substantial 120% staking APY.

Future tie-ins with leverage and trading platforms hint at deeper utility ahead, giving $MAXI more potential than most meme coins at launch. As traders de-risk from volatile majors like $XRP, meme-driven liquidity is already shifting toward community-first plays.

Maxi Doge isn’t just a meme; it’s a lifestyle token designed for traders who thrive in a fast-paced environment.

Join the $MAXI movement and embrace the grind – the charts don’t lift themselves.

3. Aster ($ASTER) – The DeFi Powerhouse for Pro Traders

Following the chaos of $XRP’s liquidation, traders are rethinking where they park their leverage, and many are pivoting to on-chain solutions. Aster ($ASTER) is emerging as that safe haven: a next-gen decentralized exchange offering MEV-free perpetuals and spot trading across Ethereum, Solana, BNB Chain, and Arbitrum.

Aster also allows users to post yield-bearing assets, such as $asBNB or $USDF, as collateral, thereby boosting capital efficiency for professional traders. The numbers speak for themselves – a $3.47B market cap, $1.49B 24-hour volume, and a 43% volume-to-market capitalization ratio, signaling extremely high attention.

Aster ($ASTER) price graph
Source: CoinMarketCap

Aster’s roadmap also hints at cross-market integration, connecting crypto and traditional assets through stock perpetuals and hidden orders. This hybrid approach will position $ASTER as a full trading stack built for speed, privacy, and institutional-grade liquidity.

Built on Aster Chain and backed by YZi Labs, the DEX delivers transparent governance – exactly what shaken traders are craving post-$XRP crash. Unlike $XRP’s centralized token dynamics, Aster thrives on openness, efficiency, and community-driven design.

Buy $ASTER on Binance today.

XRP’s 4,335% liquidation spike reminded traders how fast sentiment can flip in crypto. While some panic, others rotate into projects with clearer momentum: from Bitcoin Hyper’s new Layer 2 frontier to Maxi Doge’s meme-fueled community and Aster’s pro-grade DeFi engine.

This article does not constitute financial advice. Crypto carries inherent risks, so please do your own research (DYOR) and never invest more than you are willing to lose.

Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/best-altcoins-to-buy-as-xrp-liquidations-scare-traders

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Aaron Walker
Aaron Walker

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

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Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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