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November 14 presents investment prospects in the cryptocurrency market. Discover the potential of Memecoin, APENFT, and Worldcoin as we highlight the 5 best altcoins.
The cryptocurrency market indicates a total market capitalization of $1.42 trillion, reflecting a 0.46% intraday decrease. Likewise, the crypto market volume experienced a 19.57% uptick, reaching $281.66 billion.
5 Best Altcoins to Invest In Right Now
Looking closely at Bitcoin’s performance, its current price is $36,801, with a -0.97% loss recorded in the last 24 hours. Bitcoin dominance, a pivotal metric in the market, witnessed a slight -0.25% decrease during the same timeframe, settling at 50.54%.
1. Memecoin (MEME)
Memecoin is priced at $0.032257, with a 24-hour trading volume of $337.07 million and a market capitalization of $283.78 million. The coin holds a market dominance of 0.02%, showcasing a significant 49.62% surge in the past 24 hours.
Memecoin reached its pinnacle on November 14, 2023, achieving an all-time high of $0.033370. Moreover, the coin’s lowest point post-all-time high is $0.032226, marking a cycle low. The highest price since this cycle low was $0.032464, representing a cycle high.
Furthermore, market sentiment leans towards bullish, as the Memecoin price prediction sentiment indicates. Also, the Fear & Greed Index sits at 72, reflecting a state of greed.
https://twitter.com/memecoin/status/1654498921824092162
The circulating supply of Memecoin stands at 8.80 billion MEME, with a maximum supply capped at 69.00 billion MEME. Notably, it holds the fifth position in the Meme Coins sector based on market capitalization. Memecoin exhibits characteristics of proximity to its all-time high and demonstrates high liquidity, attributed to its substantial market capitalization.
2. APENFT (NFT)
APENFT is currently priced at $0.03661 with a 24-hour trading volume of $17.81 million. Furthermore, it holds a market cap of $362.51 million, constituting a market dominance of 0.03%. Over the last 24 hours, the NFT token has experienced an 11.73% increase.
Historically, APENFT peaked on September 5, 2021, at $0.057634, and its lowest point on June 10, 2023, at $0.062974, post-ATH. Also, the highest price since the last cycle low was $0.065703. Notably, APENFT’s sentiment surrounding price prediction is bullish, correlating with a Fear & Greed Index of 72 (Greed).
APENFT’s circulating supply stands at 990.11 trillion NFT out of a maximum supply of 999.99 trillion NFT. Moreover, the yearly supply inflation rate is notably high at 257.33%, creating 713.03 trillion NFT in the past year. In the NFT Tokens sector, APENFT holds the 9th position in terms of market cap.
APENFT focuses on key operational elements such as investing in prominent NFT platforms and artworks, nurturing leading NFT artists, and fostering the art ecosystem. Additionally, it actively contributes to art creation and critique by sponsoring galleries, organizing exhibitions, hosting awards, and curating art collections. Hence, the core objective is integrating blockchain technology into the NFT world and expanding its use cases.
Notably, the APENFT Fund, as part of its strategy, acquires traditional and NFT artworks as underlying assets. Therefore aiding the improvement of NFT trading standards.
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In addition, the company actively engages with government agencies, universities, lawyers, and industry experts. This is in a bid to aid policies that foster the healthy development of the NFT industry. APENFT identifies three major use cases in the blockchain industry. These cases include value exchange, collaboration, and record-keeping.
As such, the NFT, being versatile, aligns with all three use cases, making it a potential catalyst for industry revolution. As a blockchain enterprise, APENFT aims to promote traditional and digital art. It aims to achieve this by leveraging its technological, market, industry, and policy research strengths to integrate blockchain into diverse applications.
3. TG.Casino (TGC)
TG.Casino introduces an innovative fusion of online gaming, cryptocurrency, and the Telegram messaging platform. The primary aim is to harness Telegram’s secure and swift communication capabilities and extensive user base to establish a seamless gaming experience integrated with cryptocurrency transactions.
The cryptocurrency integration revolves around the platform’s native token, $TGC, seeking to redefine conventional casino reward systems. Apart from serving as a digital currency, $TGC operates as a value-driven component supported by a stake in the profits generated by TG.Casino.
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Furthermore, the strategic alignment with Telegram is evident, given the platform’s robust security features, including end-to-end encryption and a steadfast commitment to user privacy. This aligns cohesively with TG.Casino’s overarching goals. Moreover,
Telegram’s adept handling of high message and transaction volumes ensures scalability as TG.Casino expands its user base. Also, the platform’s flexible API allows for tailored integration, facilitating a user-friendly experience even with the introduction of intricate casino games and features.
Notably, TG.Casino’s architectural framework seamlessly combines Telegram’s strengths with the transparency and security inherent in blockchain technology. This symbiotic relationship promises a secure, efficient, and user-centric gaming environment. TG.Casino presents a practical solution by leveraging the benefits of both Telegram and blockchain to meet the diverse needs of users.
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4. Worldcoin (WLD)
Worldcoin currently trades at $2.47, boasting a 24-hour trading volume of $787.91M. Also, it has a market cap of $281.46M, maintaining a market dominance of 0.02%. Over the last 24 hours, WLD has observed a substantial increase of 26.43%.
Furthermore, the highest recorded price for Worldcoin stands at $3.33 on July 24, 2023, marking its all-time high, while the lowest price remains unrecorded. Since its all-time high, the lowest price reached was $0.973092 (cycle low), and the highest was $2.58 (cycle high).
Moreover, the current circulating supply of Worldcoin is 113.82M WLD out of a max supply of 10.00B WLD. Thus positioning it as the 60th-ranked token in the Ethereum (ERC20) Tokens sector.
In the past 30 days, WLD has seen 20 green days, signaling a positive trend. The Fear & Greed Index stands at 72, reflecting a sentiment of Greed.
Worldcoin’s growth potential is credited to its support from a proficient team, robust technology, and an active developer community. The token is listed on reputable exchanges, enhancing its visibility within the crypto community.
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— Worldcoin (@worldcoin) November 12, 2023
According to analysis, the maximum price projection for Worldcoin in 2023 is approximately $5.59, contingent on the current positive market trend. In a favorable scenario, the average price could hover around $4.83.
Conversely, Worldcoin may experience a minimum price dip to $3.92 in a major bearish market downturn. A bullish rally is anticipated in the year’s second half, potentially leading to a significant WLD Coin price increase.
5. Bitget Token (BGB)
BGB’s current value is $0.540391, with a 24-hour trading volume of $29.80 million. The coin boasts a market capitalization of $756.55 million, holding a market dominance of 0.05%. Notably, over the past 24 hours, the price of BGB has surged by 11.38%. Moreover, Bitget Token’s price prediction sentiment is bullish, complemented by a Fear & Greed Index score 72, indicating greed.
Key highlights include a remarkable 195% increase in price over the last year, outperforming 89% of the top 100 crypto assets during this period. Additionally, it has surpassed both Bitcoin and Ethereum in performance.
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The token trades above the 200-day simple moving average, indicating a positive trend. Over the last 30 days, it has experienced 15 green days, constituting 50% of the period. It is presently trading near its all-time high and cycle high.
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