With the bullrun still pending I would love to increase my optimism level by believing in the "Halloween Effect" which suggests that both stock and cryptocurrency markets tend to perform better between Halloween and May. While the exact reasons remain a mystery, theories point to renewed investor optimism and historical market cycles.
This year, several exchanges are adding a festive twist with Halloween-themed giveaway events. For instance, Bitget is hosting Trick or treat where you share your horrible image to win 100 USDT. KuCoin isn't far behind with its "Trick or Treat" event, offering users the chance to earn tokens through a series of spooky trading tasks. And for those who love a challenge, Binance is throwing a "Crypto Horror Night" where users can solve eerie puzzles to unlock rewards.
Do you believe in the Halloween effect and which of the events is worth a try ?