{"id":599347,"date":"2024-11-16T16:28:49","date_gmt":"2024-11-16T16:28:49","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=599347"},"modified":"2024-11-16T16:28:49","modified_gmt":"2024-11-16T16:28:49","slug":"6-best-altcoins-to-watch-today-november-16-compound-okb-pendle-flare","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-watch-today-november-16-compound-okb-pendle-flare","title":{"rendered":"6 Best Altcoins To Watch Today November 16 \u2013 Compound, OKB, Pendle, Flare"},"content":{"rendered":"

Several established cryptocurrencies have seen notable price increases over the last 24 hours. Bitcoin (BTC) also demonstrated strength, rising above the $91,000 mark. According to data from CoinMarketCap, the overall cryptocurrency market capitalization has surpassed $3 trillion. <\/span><\/p>\n

However, the total trading volume over the past day has dropped by 12%, settling at $196.28 billion. While Bitcoin strives to surpass $100,000, the altcoin market has surged. Here are the best altcoins to watch today for those looking to capitalize on the current market optimism.<\/span><\/p>\n

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

Compound (COMP) is priced at $51.46, reflecting a 9.75% increase in the last 24 hours. Pendle (PENDLE) stands at $5.38, showing a 5.24% rise during the same period. OKB is priced at $44.72, marking a 2.84% gain over the past 24 hours. Flare (FLR) has experienced a significant surge, now priced at $0.022686, with a 45.01% increase in the last 24 hours. <\/span><\/p>\n

Immutable X has established itself as the fastest-growing blockchain gaming ecosystem in 2024. Meanwhile, Pepe Unchained (PEPU), a new meme coin, has drawn attention due to its successful presale. Additionally, <\/span>Bitcoin has risen by over 16% this week,<\/span><\/a> driven by optimism regarding a more crypto-friendly U.S. policy.<\/span><\/p>\n

1. Compound (COMP)<\/b><\/h3>\n

Compound (COMP) is priced at 51.46, showing a 9.75% increase in the past 24 hours. Market sentiment leans positive, as reflected by the Fear & Greed Index, which currently stands at 86, indicating “Extreme Greed.” The token trades above its 200-day simple moving average (SMA), priced at 48.11. It is 6.95% higher than this level, suggesting the market may maintain its upward momentum.<\/span><\/p>\n

\"COMP<\/p>\n

In the past month, COMP closed 15 out of 30 days in the green, translating to a 50% rate of positive daily movement. Additionally, its high liquidity relative to its market capitalization allows for efficient trading and reduced volatility. <\/span><\/p>\n

Overall, Compound’s current performance indicates strength. Its position above the 200-day SMA and favorable liquidity creates an encouraging trading environment.<\/span><\/p>\n

2. Pendle (PENDLE)<\/b><\/h3>\n

Pendle (PENDLE) is priced at 5.38, reflecting an increase of 5.24% over the past 24 hours. The sentiment surrounding the token remains bullish, supported by the Fear & Greed Index, which stands at 86 (Extreme Greed). Over the past year, Pendle’s price has surged by an impressive 394%. It has also outperformed 83% of the top 100 cryptocurrencies, including Bitcoin and Ethereum.<\/span><\/p>\n

\"PENDLE<\/p>\n

The token is trading well above its 200-day simple moving average (SMA) of 0.778006, with a significant gain of 594.39% over this level. Pendle has shown consistent market performance, recording 17 green days out of the last 30, which accounts for about 57%. In addition, its high liquidity relative to its market capitalization further supports its strong position in the cryptocurrency market.<\/span><\/p>\n

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New MEGA pools for mega yields!<\/p>\n

• Kelp agETH (26 June 2025)
• Puffer pufETH (26 June 2025)
• Bedrock uniETH (26 June 2025)
• Bedrock uniETH (26 June 2025) on @Arbitrum<\/a><\/p>\n

Longer maturities, more choices, better results 🫡#MakeETHGreatAgain<\/a> pic.twitter.com\/G2VqcXgD7P<\/a><\/p>\n

— Pendle (@pendle_fi) November 14, 2024<\/a><\/p><\/blockquote>\n