{"id":596119,"date":"2024-11-08T16:49:47","date_gmt":"2024-11-08T16:49:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596119"},"modified":"2024-11-08T16:49:47","modified_gmt":"2024-11-08T16:49:47","slug":"best-crypto-to-buy-now-november-8-cardano-stellar-xrp","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-november-8-cardano-stellar-xrp","title":{"rendered":"Best Crypto to Buy Now November 8 – Cardano, Stellar, XRP"},"content":{"rendered":"

Bitcoin reached a new all-time high of $76,943, driving gains across major altcoins like Cronos (CRO), Pendle (PENDLE), Stellar (XLM), Cardano (ADA), and XRP (XRP), which all saw significant increases in the past 24 hours. Bitcoin is trading at $76,224, up by 1.78% over the past day. <\/span><\/p>\n

The surge in Bitcoin’s price follows $1.3 billion in inflows to spot Bitcoin ETFs, which occurred shortly after Donald Trump’s recent U.S. election victory. Altcoins often follow Bitcoin’s price trends, and as Bitcoin sets new records, other digital assets tend to see similar upward momentum. The market shows increasing signs of broader adoption and structural maturity with the combination of institutional support, ETF activity, and ongoing project upgrades. As such, InsideBitcoins curates a list of the <\/span>best crypto to buy now<\/a>, aiding investors in the search for tokens with significant gains.<\/span><\/p>\n

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

Crypto All Stars has seen notable growth, indicating strong interest from early investors. Recently, Stellar announced the upcoming Protocol 22 update, which will add key features to its network. Today, XRP is trading at $0.5532, marking a 0.47% price increase over the past 24 hours.<\/span><\/p>\n

1. Cardano (ADA)<\/b><\/h3>\n

Cardano is a proof-of-stake blockchain focused on decentralized governance and empowering individuals securely and transparently. The project aims to shift control away from centralized structures, encouraging direct participation from its community in decision-making processes.<\/span><\/p>\n

Recently, Cardano introduced Node 10.11, an update that enhances governance by allowing ADA holders to delegate their voting power to chosen representatives, Delegated Representatives (DReps), or assume a DRep role. This upgrade facilitates more inclusive decision-making and strengthens Cardano’s infrastructure for smart contracts, expanding its utility for developers.<\/span><\/p>\n

\"ADA<\/p>\n

Currently, ADA trades at $0.4382, reflecting a 16.84% increase. Market sentiment remains bullish, and ADA’s current price sits 8.57% above its 200-day simple moving average of $0.4024. The recent price surge from $0.3706 to $0.4257 in a day (a 14.86% increase) came alongside a 113.75% spike in trading volume, reaching around $997.35 million. <\/span><\/p>\n

This increase in trading activity suggests heightened interest, which could support price stability if demand holds. The recent gains in ADA’s value have also sparked discussions about its long-term direction under Charles Hoskinson’s guidance. While the price increase has generated optimism, it remains to be seen whether the trend indicates sustained growth or a short-lived rise. <\/span><\/p>\n

2. Crypto All Stars (STARS)<\/b><\/h3>\n

Crypto All Stars<\/span><\/a> has grown significantly, reflecting a substantial early investor interest. The recent US presidential election results have contributed to a more favorable market climate, potentially playing a role in this presale success. This rapid growth indicates rising confidence in emerging cryptocurrency projects as viable investment options in a continuously expanding market.<\/span><\/p>\n

The popularity of meme coins has highlighted a demand for platforms that enable staking across multiple such tokens. Crypto All Stars aims to fulfill this demand by providing a staking platform where users can secure STARS tokens to access benefits specific to meme coin investors. <\/span><\/p>\n

\"STARS<\/p>\n

Moreover, the project recently marked its $3 million milestone, demonstrating broad appeal among investors globally. This funding will support project development and may help strengthen its foundation for sustained growth.<\/span><\/p>\n