Close Menu
    6 Greatest Altcoins To Watch As we speak November 23 – Polkadot, Avalanche, Arweave, MultiversX
    Markets

    6 Greatest Altcoins To Watch As we speak November 23 – Polkadot, Avalanche, Arweave, MultiversX

    By No Comments8 Mins Read


    Be a part of Our Telegram channel to remain updated on breaking information protection

    VeChain (VET) has seen a robust resurgence, climbing 134% in worth over the previous three weeks. This worth surge aligns with a broader restoration within the cryptocurrency market following Donald Trump’s victory within the U.S. Presidential election. In accordance with TradingView information, VET has bounced again after enduring a prolonged bearish interval, throughout which its worth declined by 90% over the past three and a half years. 

    In the meantime, different tokens are experiencing worth rallies, providing buyers an funding choice. In mild of the optimistic crypto market wave, buyers are trying to find reasonably priced tokens, significantly the greatest altcoins to purchase now.

    6 Greatest Altcoins To Watch As we speak

    Polkadot (DOT), ranked fifteenth within the cryptocurrency market, is buying and selling at $7.64, marking a 26.19% worth enhance over the previous 24 hours. Avalanche (AVAX) has additionally seen an increase, with its worth reaching $42.14, reflecting a 14.35% achieve in the identical interval. In the meantime, Arweave has crossed a major threshold, recording over 10 billion transactions throughout October. 

    The MultiversX ecosystem additionally reveals progress, with its EGLD token sustaining a place above the 200-day easy shifting common. FreeDum Fighters ($DUM) additionally continues to attract curiosity, having raised greater than $600,000 in its presale with solely 15 days left. On a broader scale, Bitcoin is approaching the $100,000 mark because the weekend nears.

    1. Polkadot (DOT)

    Polkadot (DOT), at present ranked #15 within the cryptocurrency market, is buying and selling at 7.64 with a 26.19% enhance in worth over the previous day. The token’s market capitalization stands at 11.63 billion, reflecting a 26.22% enhance, whereas its 24-hour buying and selling quantity has surged by 122.55% to 1.60 billion. The absolutely diluted valuation (FDV) can be 11.63 billion, with a Vol/Mkt Cap ratio of 13.80%, indicating important liquidity.

    DOT Price Chart6 Greatest Altcoins To Watch As we speak November 23 – Polkadot, Avalanche, Arweave, MultiversX

    The present sentiment round Polkadot seems bullish, supported by the Concern & Greed Index studying of 93, which reveals “Excessive Greed.” Over the previous yr, DOT has gained 46%, performing strongly towards its 200-day easy shifting common (SMA) of 5.24. It’s buying and selling 45.64% above the 200-day SMA, which suggests continued momentum for merchants long-term tendencies.

    Polkadot has a complete provide of 1.52 billion DOT and reveals excessive liquidity relative to its market dimension. Over the previous 30 days, the token skilled 16 inexperienced buying and selling days, representing 53% of the month. This means a constant upward trajectory. Moreover, the token continues to carry out effectively in comparison with its preliminary token sale worth, making it a lovely choice for buyers specializing in long-term positive aspects. Polkadot’s efficiency over the past yr has been robust. The token reveals constant progress, excessive liquidity, and sustained optimistic momentum. 

    2. Avalanche (AVAX)

    Avalanche (AVAX) is at present priced at $42.14, reflecting a 14.35% enhance within the final 24 hours. Over the previous yr, the worth has surged by 103%, outperforming 53% of the highest 100 cryptocurrencies. The token trades effectively above its 200-day easy shifting common (SMA) of $28.80, with a notable 46.59% premium. This means a optimistic pattern over the long run.

    AVAX Price ChartAVAX Price Chart

    Market sentiment seems bullish, supported by the Concern & Greed Index, which reveals a excessive studying of 93, indicating excessive greed. Moreover, Avalanche has demonstrated constant efficiency, with 57% of the previous 30 days closing as inexperienced days. The token has proven reasonable worth volatility of 14.94% throughout this era.

    Forecasts counsel that Avalanche could proceed its upward momentum, probably reaching $57.12 by 23 December 2024, representing a projected progress of 31.78%. Moreover, technical indicators and market tendencies counsel this could possibly be an opportune time to spend money on AVAX.

    3. Arweave (AR)

    Arweave has achieved a notable milestone, surpassing 10 billion transactions in October. This solidifies its place as a outstanding decentralized answer for everlasting information storage and highlights the growing demand for reliable, unchangeable, and safe on-chain information storage methods.

    Integrating Arweave’s everlasting storage with AO, a hyper-parallel computing system constructed instantly on the community, is predicted to drive additional ecosystem progress via 2025. Since its launch in February, AO has processed over 800 million messages and is considerably advancing on-chain AI capabilities.

    AR Price ChartAR Price Chart

    Arweave’s token, AR, is at present priced at $21.16, reflecting a 17.36% enhance prior to now 24 hours. Over the past yr, its worth has grown by 169%, outperforming 72% of the highest 100 cryptocurrencies, together with Bitcoin and Ethereum. Market sentiment is bullish, supported by the Concern & Greed Index at 93, signaling “Excessive Greed.” Over the previous month, AR has closed increased than it opened on 53% of buying and selling days, with 16 days displaying optimistic momentum.

    4. MultiversX (EGLD)

    The MultiversX ecosystem reveals optimistic momentum, with its EGLD token buying and selling above the 200-day easy shifting common. This alerts robust market confidence, supported by a bullish worth prediction sentiment. The Concern & Greed Index signifies “Excessive Greed”, reflecting heightened investor optimism.

    Over the previous 30 days, EGLD has skilled 17 inexperienced days (57%), the place each day closing costs surpassed their opening values. This constant upward pattern highlights regular market efficiency. The token trades close to its cycle excessive, additional reinforcing its robust place.

    EGLD Price ChartEGLD Price Chart Relating to market exercise, EGLD’s 24-hour buying and selling quantity is $110.9 million, representing 11.44% of its market cap of $969 million. The absolutely diluted valuation (FDV) is $1.1 billion, indicating strong investor curiosity and potential for additional progress.

    These market tendencies counsel that EGLD has maintained optimistic efficiency relative to its token sale worth, benefiting from sustained buying and selling exercise and growing confidence within the MultiversX ecosystem’s long-term potential. General, the market setting stays favorable for EGLD and the platform.

    5. FreeDum Fighters ($DUM)

    FreeDum Fighters ($DUM) has gained consideration by elevating over $600,000 in its presale, with simply 15 days remaining. The venture merges humor with commentary on the political panorama, positioned on the intersection of politics and cryptocurrency. It imagines a fictional situation the place MAGATRON, a blockchain-powered mech model of Donald Trump, leads a mission to “make crypto nice once more,” whereas competing towards Kamacop 9000, impressed by Kamala Harris.

    At present priced at $0.00009, $DUM tokens are anticipated to extend in value because the presale progresses. Over 1 billion tokens have already been offered, and purchases are supported throughout a number of chains like Ethereum, Binance Sensible Chain, Solana, and Base, utilizing currencies like ETH, USDT, or USDC. The platform additionally gives staking rewards, with MAGATRON supporters incomes a 248% APY and people backing the opposing LibDum social gathering receiving 396%.

    FreeDum Fighters has leveraged political satire and cultural relevance to face out within the rising PolitiFi area. The venture faucets into broader tendencies that blend politics and cryptocurrency, referencing figures like Elon Musk and meme cash like Dogecoin to have interaction the group.

    Go to FreeDum Fighters Presale

    6. The Sandbox (SAND)

    The Sandbox (SAND) is buying and selling at $0.390895, reflecting an 11.17% enhance over the past 24 hours. Market sentiment seems bullish, supported by a 93 Greed Index registering a 93 rating, indicating excessive greed. 

    SAND Price ChartSAND Price Chart

    Furthermore, SAND trades above its 200-day SMA, a key indicator of a optimistic long-term pattern. Over the previous 30 days, SAND has skilled constant upward momentum, with 18 days (60%) closing increased than their opening costs. This implies sustained purchaser curiosity. The token can be close to its cycle excessive and maintains robust liquidity relative to its market capitalization.

    For November 2024, forecasts point out a possible continuation of the present pattern, with potential worth progress to $0.389982. Predictions pushed by latest market dynamics estimate a buying and selling vary between $0.372739 and $0.405333.

    Be taught Extra

    Most Searched Crypto Launch – Pepe Unchained

    Pepe UnchainedPepe Unchained
    • Layer 2 Meme Coin Ecosystem
    • Featured in Cointelegraph
    • SolidProof & Coinsult Audited
    • Staking Rewards – pepeunchained.com
    • $40+ Million Raised at ICO – Ends December

    Pepe UnchainedPepe Unchained


    Be a part of Our Telegram channel to remain updated on breaking information protection





    Supply hyperlink

    Share.

    Related Posts