- October 29, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post 6 Best Cryptos to Buy This November: Potential Millionaire Makers appeared first on Coinpedia Fintech News
As Bitcoin moves towards a new all-time high, the crypto market is rife with opportunities to make gains this November.
This article provides the six best cryptos to buy now. Let’s dig in.
Pepe Unchained
Pepe Unchained is redefining the meme coin sector with the world’s first Pepe-themed blockchain.
The team is building an Ethereum layer 2, which cuts costs and improves speeds compared to the Ethereum main network. And that’s not all. It’ll also has a block explorer, a staking mechanism, a DEX, an Ethereum bridge, and more.
It’s a compelling concept, so it’s not surprising that traders are gravitating toward it.
Pepe Unchained is currently undergoing a presale where it has raised $22 million. This makes it one of the hottest presales on the market and even eclipses the total raise of Ethereum’s ICO.
With such funds at its disposal, the team recently began accepting developer grant applications, which will pay builders to launch projects on the Pepe Chain.
The current Pepe Unchained presale price is $0.01179, but this will rise throughout the ICO, with the next increase in one day.
Cat in a dogs world
cat in a dogs world is a popular cat-themed meme coin that has seen a significant spike in interest this week.
This comes after South Korea’s largest crypto exchange, Upbit, added a new MEW trading pair against the Korean won (KRW).
Since then, MEW has generated a lot of attention, both in South Korea and internationally. It’s currently the second-best-performing top 100 cryptos with an 11% pump this week.
Based on that, MEW has outpaced many of its peers, including Pepe, Dogwifhat, Dogecoin, and Popcat.
However, with a market cap of just $840 million, MEW has significant room to catch these larger meme coins.
Currently, MEW is trading at $0.01179, down 6.8% today but up 11.8% this week and 50% this month.
If November is a bullish month for the crypto market, MEW holds an advantageous position for disproportionate growth.
Crypto All-Stars
Many retail investors are allocating funds to the meme coin sector this year, captivated by the significant gains it has provided.
However, while the sector has seen significant growth, it remains behind in terms of tangible utility. This is where Crypto All-Stars comes in, providing a staking app that lets users generate passive rewards on their joke tokens.
It’ll support 11 of the top meme coins including Dogecoin, Shiba Inu, Pepe, and Bonk. Holders can deposit their tokens and then earn $STARS rewards passively.
However, they must hold $STARS to access the platform, creating a demand stream that could bolster its price long-term. This also makes Crypto All-Stars a more diversified bet, since its price is indirectly tied to that of its supported tokens.
The project also offers staking for its native $STARS token and it’s already live. It currently offers a 550% APY, but this will decrease over time.
Crypto All-Stars is undergoing a presale and has raised $2.8 million so far. Investors can buy $STARS for $0.0015248, but this price will rise later today.
Solana
Solana has become the most active blockchain thanks to its low fees, high speeds, and intuitive user experience.
The network is primarily used for trading meme coins, which, like Crypto All-Stars, makes it a more diversified alternative to betting on a single meme coin.
That said, Solana also has other budding use cases, with several AI-related projects emerging recently. Render is its leading AI project, currently boasting a $2.5 billion market cap.
However, many traders have shown interest in another Solana-based AI project, Tars AI recently.
Meme coin-related activity fueled Solana’s growth in early 2024. This is creating a network effect with more innovation and development begininng to take place on Solana. As such, it’s quickly solidifying itself as a leading blockchain Bitcoin and Ethereum.
SOL is priced at $174, up 1.3% today, 3% this week, and 9.7% this month. It holds an $81 billion market cap and a $2.58 billion 24-hour trading volume.
Flockerz
Although the meme coin sector is thriving, it faces some key issues. One is the prominence of centrally led tokens and “cabal coins.”
Essentially, either the original team or groups of early whales control many meme coins, diverging from crypto’s fundamental tenet of decentralization. But the new presale Flockerz solves this issue.
Flockerz is building a Vote-to-Earn decentralized autonomous exchange (DAO), which lets users shape the project’s future on-chain and pays them for it.
This ensures that everyone has a voice, encapsulating the vision of early blockchain pioneers like Satoshi Nakamoto, the creator of Bitcoin.
Moreover, the presale gives all investors an equal opportunity to buy at a fixed rate, removing the risk of price manipulation, which some meme coins are accused of.
The Flockerz presale has raised $1.1 million so far despite launching just a couple of weeks ago. It is currently priced at $$0.0058628, but this will rise later today.
Dogecoin
With just one week until the US presidential election, Dogecoin is in a favourable position for growth.
That’s because it’s the favourite meme coin of business mogul Elon Musk, who has played a significant role in Trump’s campaign.
Not least due to Trump suggesting Musk could be appointed to his cabinet to lead the Department Of Government Efficiency (D.O.G.E).
Should Trump win the election, there’s every chance that the Dogecoin price will explode, since Musk’s new position will share an acronym with his favourite meme coin’s ticker symbol.
Moreover, Musk continues to show an interest in memes, so as crypto prices begin to rally, there’s every chance he begins to promote Dogecoin as he did in 2021.
Musk also quoted a tweet by Dogecoin graphic designer DogeDesigner earlier today, showing he very much remains inside the Dogecoin community.