Halloween Has Been a Profitable Week for These 3 Altcoins
As Halloween approaches, historical price data from 2020–2024 shows that AAVE, Ethereum (ETH), and Dogecoin (DOGE) often rallied in the week following October 31. While daily movements were mixed on Halloween itself, each of these coins ended the first week of November higher in every year analyzed. This trend suggests a recurring short-term rebound pattern
As Halloween approaches, historical price data from 2020–2024 shows that AAVE, Ethereum (ETH), and Dogecoin (DOGE) often rallied in the week following October 31.
While daily movements were mixed on Halloween itself, each of these coins ended the first week of November higher in every year analyzed. This trend suggests a recurring short-term rebound pattern that traders might recognize during late October volatility.
AAVE: Consistent Post-Halloween Momentum
AAVE has demonstrated the most consistent post-Halloween strength. It posted gains in the week after Halloween every year from 2020 to 2024, with especially strong rallies in 2020 and 2023.
| Year | Oct 31 Close (USD) | 1-Day Δ | 7D Before → Halloween | 7D After Halloween |
| 2020 | 31.10 | +6.58% | −25.17% | +22.99% |
| 2021 | 317.76 | −2.91% | −2.23% | +0.30% |
| 2022 | 83.88 | −1.62% | −5.73% | +3.68% |
| 2023 | 83.69 | −1.12% | −1.09% | +18.64% |
| 2024 | 156.23 | +3.14% | +4.48% | +11.20% |
Across five years, AAVE rose in the seven days after Halloween by an average of 11.8%. The coin often rebounded following brief late-October dips, hinting at cyclical short-term accumulation.
Ethereum: Moderate But Reliable Gains
Ethereum’s performance around Halloween has been steadier but less explosive. From 2020 through 2024, ETH posted positive 7-day returns after Halloween every year, averaging roughly +4.5%.
| Year | Oct 31 Close (USD) | 1-Day Δ | 7D Before → Halloween | 7D After Halloween |
| 2020 | 382.90 | −0.92% | −6.36% | +8.63% |
| 2021 | 4,324.61 | −2.22% | +8.37% | +4.68% |
| 2022 | 1,591.05 | −1.75% | +16.60% | +2.25% |
| 2023 | 1,809.64 | +0.64% | +8.72% | +4.77% |
| 2024 | 2,657.61 | +0.72% | +5.29% | +2.37% |
Ethereum tends to enter November with renewed buying interest. In four of the past five years, it followed a minor Halloween pullback with a short-term rally—often aligning with broader market recoveries.
Dogecoin: The Most Volatile Halloween Performer
Dogecoin’s Halloween-week performance is the most dramatic. Its average post-Halloween gain was 5.6%, but it experienced far greater volatility than AAVE or ETH.
| Year | Oct 31 Close (USD) | 1-Day Δ | 7D Before → Halloween | 7D After Halloween |
| 2020 | 0.002590 | +0.15% | −2.15% | +6.45% |
| 2021 | 0.268298 | −7.10% | +6.68% | −2.16% |
| 2022 | 0.117565 | −1.99% | +94.75% | −2.48% |
| 2023 | 0.069671 | +0.46% | +4.01% | +9.64% |
| 2024 | 0.168414 | −4.43% | +20.38% | +16.41% |
The standout year was 2022, when DOGE surged almost 95% in the week leading into Halloween, driven by Elon Musk’s Twitter acquisition.
Despite its volatility, DOGE still posted net gains in the week after Halloween in three of five years.
Pattern or Coincidence?
From 2020–2024, all three altcoins recorded net positive average returns in the week following Halloween.
Market-wide, this period often coincides with renewed liquidity, end-of-month repositioning, and post-quarter trading flows.
While past performance doesn’t predict future results, the data suggests that late October weakness has historically preceded short bursts of strength—especially for altcoins like AAVE, ETH, and DOGE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners
Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.
If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.
The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends
Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%
For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.
Crypto prices
More
