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Despite the volatility of the crypto market in October, the overall sentiment remains positive for November, making it a good time to consider investing.
As we approach the end of 2023, investors are seeking the best cryptocurrencies to buy as potentially valuable additions to their portfolios for November.
In this article, we will discuss some altcoins, including two new cryptos with ongoing presales. We will analyze their price growth for this year and the features of their presales that make them top investment choices before the upcoming bull run.
Toncoin (TON)
On October 31, 2023, $TON achieved a remarkable milestone by setting a new world record for the highest number of transactions per second (TPS), officially becoming the world’s fastest blockchain.
This achievement occurred during a live event organized by the TON Foundation and independently verified by Certik, where the TON blockchain achieved an extraordinary transaction rate of 104,715 per second.
Known for its distinctive architecture that enables limitless scalability, Toncoin has the capacity to process millions of TPS, catering to billions of users, and it has established itself as the benchmark for the ultimate Web3 infrastructure.
This exceptional performance not only outperforms well-known blockchains but also traditional bank payment networks. The Toncoin’s price is $2.43, at the time of writing, marking an increase of more than 14% in the past week.
Additionally, the substantial investment from MEXC Ventures and their partnership with the Toncoin Foundation are noteworthy developments.
The performance testing event and the collaboration with MEXC Ventures are positive signs for Toncoin’s future, improving the blockchain’s features, scalability, and accessibility, which can make it more attractive to users and developers. Analysts anticipate $TON reaching $3 by the end of 2023.
Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix is a new cryptocurrency project that introduces an innovative approach to the world of digital currencies. The platform seamlessly integrates token staking and cloud mining, offering a pioneering concept that centers around the use of $BTCMTX, Bitcoin Minetrix’s native coin, to provide tokenized cloud mining credits.
Bitcoin Minetrix allows users to mine Bitcoin without the need for hardware, expertise, or operational expenses. The presale commenced just a month ago, yet it has attracted substantial investment, amassing over $3.4 million to date.
#BitcoinMinetrix marks another notable milestone!
Surpassing $3,400,000 raised. ✅ pic.twitter.com/jb9TGSPvFe
— Bitcoinminetrix (@bitcoinminetrix) November 6, 2023
The platform’s staking mechanism enables presale participants to begin staking and earning rewards right away. Staking BTCMTX tokens allows investors to earn a passive income. The project is currently offering a staking APY of over 165%.
Additionally, the support from several high-profile analysts who predict significant future growth further reinforces this positive outlook. While the extent of Bitcoin Minetrix’s success remains to be seen, the backing from respected analysts suggests a promising future.
The platform has also undergone a smart contract audit, demonstrating its commitment to security in cloud mining. Interested investors can purchase BTCMTX tokens during the current presale for $0.0114 each, with a minimum investment of $10. By the end of the presale, Bitcoin Minetrix aims to raise $33.46 million.
Solana (SOL)
Solana has shown an exceptionally strong performance lately. Just in October 2023, $SOL’s price impressively rose by over 74%, hitting a high increase not seen in 14 months. The recent rise in Solana can be linked to a significant increase in network activity, particularly in the context of liquid-staking token protocols.
Jito, the second protocol of this kind on Solana, has been particularly successful, securing around $12 million in funding and accumulating a total value locked (TVL) of approximately $224 million. Trading at around $4, its current position suggests a strong uptrend that could possibly reach $80.
Looking ahead to mid-November, the projected minimum price for $SOL is estimated to be $38.90, while the maximum price is anticipated to reach $47. Experts believe that $SOL will likely have an average trading price of around $42 during this period.
Watch the video above for all the details on the top five altcoins to buy this November and subscribe to his YouTube channel for more crypto-related content. Jacob Crypto Bury also manages a Discord community with 17,000 members, offering trading tips and insights into upcoming crypto presales.
Meme Kombat (MK)
Meme Kombat is a new token that combines a meme coin’s great growth potential with a stake-to-earn feature. Meme Kombat integrates artificial intelligence and blockchain technology to create a battle arena where users can make wagers.
This project has raised over $1.2 million so far. Users can compete with meme tokens in player vs. player (PvP) and player vs. game (PvG) scenarios, with the promise of token rewards and other prizes. The Battle Arena is powered by blockchain technology and AI, ensuring secure, transparent, and fair outcomes.
Just a picture of the #MemeKombat community absolutely demolishing the $1.2 million milestone💪 pic.twitter.com/YQQMgzSfza
— Meme Kombat (@Meme_Kombat) November 5, 2023
Meme Kombat‘s roadmap includes seasonal gaming with new battle types, rewards, and expanded game modes for the Battle Arena. The ongoing presale offers presale buyers a 112% APY on their $MK tokens, which are currently priced at $0.183.
In this presale phase, 50% of the total 120 million supply is available. An additional 30% of the supply is allocated for staking and battle rewards, while 10% is for DEX liquidity and the remaining 10% is reserved for community rewards.
Ethereum (ETH)
We can expect a significant rise in applications on the Ethereum network, leading to a higher demand for the $ETH token and driving its price up. Ethereum has seen remarkable growth. Ethereum is renowned for its volatility and unpredictability, as is the case with the entire crypto market.
Nevertheless, the momentum has been positive in 2023, and investors have several reasons to believe that Ethereum’s prices will continue to rise in the years to come. Institutional investors particularly favor futures trading, and Ethereum futures can be a valuable hedge against Bitcoin positions.
Ethereum is price today is $1,899.95 with a 24-hour trading volume of $9.62 billion, positioning it as one of the coins with the most potential this year. The $ETH price increased 0.79% in the last 24 hours. On the upside, the price of Ethereum is facing resistance near $1,900. If it breaks through this resistance level, it could gain momentum and reach $1,950, or even $2,000.
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