{"id":595735,"date":"2024-11-07T12:38:11","date_gmt":"2024-11-07T12:38:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=595735"},"modified":"2024-11-07T12:38:11","modified_gmt":"2024-11-07T12:38:11","slug":"6-best-altcoins-to-invest-in-today-november-7-starknet-optimism-dydx-mantle","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-today-november-7-starknet-optimism-dydx-mantle","title":{"rendered":"6 Best Altcoins To Invest In Today November 7 \u2013 Starknet, Optimism, dYdX, Mantle"},"content":{"rendered":"

On Wednesday, November 5, 2024, Bitcoin reached a new all-time high, surpassing $75,000, following Donald Trump’s win in the U.S. presidential election. This surge reflects growing optimism within the cryptocurrency market, as many altcoins also saw increases of over 10%.<\/span><\/p>\n

During a podcast, analysts from Altcoin Buzz discussed Trump’s expressed support for cryptocurrencies and how it could influence the market. They pointed out that Bitcoin’s ability to maintain above critical resistance levels could trigger a wider market rally, which might also benefit altcoins. Given this bullish sentiment, investors are searching for the <\/span>best altcoins to invest in today.<\/span><\/p>\n

6 Best Altcoins To Invest In Today <\/b><\/h2>\n

StarkNet’s token (STRK) is currently priced at $0.409404, showing a 9.23% increase over the past 24 hours. Optimism’s token is trading at $1.637316, reflecting a 9.2% rise in the last 24 hours and an 8% gain over the past year. dYdX is priced at $1.11, marking a 7.33% increase in the last 24 hours. <\/span><\/p>\n

Chainlink’s token, LINK, has also seen positive momentum. Mantle’s token is performing well, currently valued at $0.631644. Meanwhile, B<\/span>itcoin has surged by 10%, surpassing $76,000<\/span><\/a>, driven by expectations of increased crypto adoption and looser regulatory environments following a potential Trump victory.<\/span><\/p>\n

1. Starknet (STRK)<\/b><\/h3>\n

StarkNet, a layer-2 scaling solution on Ethereum, recently demonstrated its capabilities with a significant milestone on October 29. During a controlled stress test, the network achieved a peak rate of 857 transactions per second (TPS). Over 24 hours, it maintained an average of 127.5 TPS. This result suggests that StarkNet could effectively support demanding blockchain applications while raising questions about long-term scalability challenges.<\/span><\/p>\n

\"STRK<\/p>\n

The test simulated a high-demand gaming environment, revealing that StarkNet can handle rapid transaction speeds. Ben-Sasson pointed out that the test illustrated the platform’s capacity in scenarios familiar to everyday users, particularly casual gamers. This successful demonstration of throughput places StarkNet in a competitive position relative to similar networks, including Coinbase’s Base.<\/span><\/p>\n

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Starknet’s UX and performance are now among the best in the space.<\/p>\n

To widen the gap, StarkWare is shifting focus to fee reduction while keeping Cairo-Native and Stwo in the menu.<\/p>\n

ELI5: gas fees on Starknet stay low, even if blobs price brrrrrr, unlike other L2s. https:\/\/t.co\/tA8ZGz762Y<\/a><\/p>\n

— Brother Starknet_Uncensored (@Starkunfiltered) November 6, 2024<\/a><\/p><\/blockquote>\n