{"id":595143,"date":"2024-11-05T19:27:19","date_gmt":"2024-11-05T19:27:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=595143"},"modified":"2024-11-05T19:27:19","modified_gmt":"2024-11-05T19:27:19","slug":"best-crypto-to-buy-right-now-november-5-bonk-multiversx-ondo","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-right-now-november-5-bonk-multiversx-ondo","title":{"rendered":"Best Crypto to Buy Right Now November 5 – Bonk, MultiversX, Ondo"},"content":{"rendered":"

Last week, investor interest in Bitcoin and certain altcoins notably increased, with U.S. election-driven optimism fueling a substantial $2.2 billion inflow into crypto asset investment products. Historically, U.S. elections have impacted the crypto market, and this trend appears to continue this year.<\/span><\/p>\n

Bitcoin took the lead, capturing the full $2.2 billion inflow and even driving interest in short Bitcoin products, which received $8.9 million in investments. This demand likely reflects investor confidence in a potential market upswing while attracting short-term traders looking to leverage current sentiment. Beyond Bitcoin, select altcoins drew investor attention, suggesting growing interest in innovative projects. Consequently, many investors are exploring the <\/span>best crypto to buy right now<\/a>, seeking assets with the potential for strong returns soon.<\/p>\n

Best Crypto to Buy Right Now<\/b><\/h2>\n

Polkadot has seen a surge in governance activity alongside growth in decentralized autonomous organizations. Meanwhile, STARS is drawing attention as it exceeds the $3 million mark, positioning itself within the meme coin sector. Additionally, Sei’s collaboration with CARV highlights a strategic step forward in Web3 gaming development.<\/span><\/p>\n

1. Polkadot (DOT)<\/b><\/h3>\n

Polkadot is gaining attention as a versatile layer-zero blockchain designed to address core issues such as scalability, interoperability, and governance. Its architecture enables parallel processing, which may enhance performance, and the platform’s community-focused governance structure reflects a commitment to decentralization. <\/span><\/p>\n

\"DOT<\/p>\n

Moreover, Polkadot has recently experienced a rise in governance activity and witnessed growth in decentralized autonomous organizations (DAOs) throughout 2023 and 2024. Currently, the token is priced at $3.86, reflecting a daily increase of 1.71%. <\/span><\/p>\n

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32M+ transactions in October 📊<\/p>\n

👀 Check out @dotlake_xyz<\/a>'s on-chain data for Polkadot.<\/p>\n

TLDR: Last month, Polkadot saw a boost in unique wallets, executed another 32M+ txns, and expanded its validator set to 500 for more decentralization.<\/p>\n

The numbers 👇 https:\/\/t.co\/cHNHRQzuWd<\/a><\/p>\n

— Polkadot (@Polkadot) November 4, 2024<\/a><\/p><\/blockquote>\n