|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin is at $71.25K, rising over 3% in 24 hours. With elections and rate cuts ahead, November could be big for crypto.
Oct 30, 2024 at 12:22 am
Bitcoin is at $71.25K and could be about to break its all-time high, having risen over 3% in the last 24 hours.
Bitcoin price is up over 3% in the last 24 hours, continuing its rally and coming closer to breaking its all-time high.
With the US presidential election and interest rate cuts expected to be announced in November, this month could be very bullish for crypto.
So, here are some of the best tokens to buy in preparation for a strong month.
Pepe Unchained Pepe Unchained is seeing huge demand as Bitcoin price rises.
The project is currently undergoing a presale, where it has managed to raise an impressive $23.1 million.
To put that into perspective, that’s more than Ethereum raised in its ICO.
So what’s all the hype about? Well, Pepe Unchained is building an Ethereum layer 2 blockchain.
The meme coin narrative dominated in 2024, and now it has a fast and low-cost home on Ethereum.
Pepe Chain will be 100x faster and far cheaper than Ethereum, yet it still benefits from the main net’s decentralization, security, and liquidity.
That’s a massive benefit over something like Solana or Tron.
Furthermore, meme culture runs through Pepe Unchained’s veins. Meme coins are not a fringe use case on the Pepe Chain – they’re exactly what it was created for.
Word is spreading, and the project is developing a massive community, even though the chain has yet to launch.
Investors can currently buy Pepe Unchained for $0.01189, but this price is set to rise in two days.
Render (RNDR) Alongside meme coins, AI has been another winning narrative of 2024.
This is why Render could be one of the best cryptos to buy in November.
It’s an AI project that runs on Solana. This makes it easy to buy for Solana’s 4.3 million daily active users, which is a notable advantage over rival AI project TAO, which requires a native Bittensor wallet or centralized exchange.
Render is a distributed GPU power network that allows developers to rent idle computing power via a peer-to-peer system.
This can be used to train AI models, but Render also markets the service towards rendering graphics.
Renting GPU power on Render is fast, elastic, and affordable. Essentially, Render removes the barriers to entry that developers usually face when building new products.
Flockerz (FLOCK) When it comes to meme coins, Flockerz is tackling the biggest issues head-on.
The project aims to address the meme coin centralization problem, which has caused many investors to lose money.
Many meme coins are led by self-appointed, centralized teams, and even the so-called community takeover (CTO) tokens are often manipulated by insiders who overtly control the token supply.
Flockerz solves this by decentralizing governance and running a fair presale launch.
The project has a Vote-to-Earn DAO, in which all FLOCK holders get to vote on decisions relating to the project’s future, and they’re even paid to vote.
Moreover, the presale offers every trader the opportunity to buy FLOCK at a fixed rate, ensuring a diluted token distribution.
Flockerz also has a staking mechanism that lets users compound their FLOCK holdings.
The presale has shown considerable demand, raising $1.1 million so far.
Currently, investors can buy FLOCK for $0.0058862, but this price is expected to rise in two days.
Dogecoin (DOGE) As mentioned, the US presidential election will be a big event for crypto.
However, it could disproportionately impact Dogecoin, thanks to a sequence of unlikely events.
To cut a long story short, if Trump wins the election, then Elon Musk could lead a new US government unit called Department Of Government Efficiency or D.O.G.E for short.
Given that Dogecoin is Musk’s favorite meme coin, the prospect of Musk’s new role has provided a huge boon to its price.
And that’s not to mention that his department will share Dogecoin’s ticker symbol.
This could just be the beginning of a new narrative for Dogecoin.
LOL THEY LITERALLY SAID $DOGE https://t.co/8xdnO4otji
DOGE is soaring on the back of this. It is currently trading at $0.1654,
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Australia's new digital ID scheme falls short of global privacy standards. Here's how it can be fixed
- Oct 30, 2024 at 08:15 am
- The federal government is still developing the system, with a pilot expected to run next year. Known as the “Trust Exchange”, it is part of the Trusted Digital Identity Framework, which is designed to securely verify people’s identities using digital tokens.
-
- Maga (TRUMP) Coin Shows Renewed Bullish Signs a Week Before the 2024 United States Presidential Election
- Oct 30, 2024 at 08:15 am
- As of this writing, the Donald Trump-inspired meme coin is trading at $4.49, noting a 35% uptick over the past week. Its technical setup hints at the possibility of an extended rally. This analysis explores why.
-
- Shiba Inu (SHIB) Price Shows Signs of Breakout, But Crypto Experts Believe This Low-cost Token (ETFS) Has More Potential to Grow 30,000% First
- Oct 30, 2024 at 08:15 am
- The Shiba Inu price has been an impressive uptick as the crypto market gains stability. Crypto experts have even begun making significant projections as high as 50% for Shiba Inu price in the coming days.
-
- Tether Mints $1B USDT on Tron Blockchain, but Tokens Are Still Under "Authorized But Not Issued" Status
- Oct 30, 2024 at 08:15 am
- The newly minted tokens are already available to use, however, they are still under the “authorized but not issued”, meaning that the new billion USDT won’t impact Tether's market capitalization.