Top 3 Altcoins For November 2023 That Could 100x Your Crypto Portfolio
November 06 2023 - 6:00PM
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Altcoins have become one of the most preferred ways for crypto
investors to secure massive gains in the industry especially given
Bitcoin’s massive growth rate in the last decade. Because a lot of
these altcoins have significantly smaller market caps, they tend to
have a lot of runway for growth, making them an enticing option. So
here is a list of the top 3 altcoins that could 100x your crypto
portfolio in the coming bull market, in no particular order.
Memecoin (MEME): The New Meme Crypto Memecoin (MEME) is the latest
brainchild from the 9GAG team. The team had successfully launched
multiple non-fungible token (NFT) projects in the last year before
finally moving on to the launch of their very own cryptocurrency;
MEME. Related Reading: ETH Sent To Exchanges Climbs Above 500,000,
Is Ethereum At $2,000 Still Possible? So far, MEME looks to be like
any other meme coin in the crypto market with no promises or
roadmap. But as far as altcoins go, MEME has one of the most
important factors that can guarantee success for a project and that
is a very strong community. The Memecoin official Twitter account
already has 2.8 million followers, surpassing established meme coin
players such as Floki Inu and falling just behind Shiba Inu which
sits at 3.7 million followers. This massive support from the
community, coupled with the fact that its market cap is sitting at
only $180 million, makes it one of the altcoins with a lot of
potential going into the bull run. Liquity (LQTY) Joins Altcoins
With Potential Liquity (LQTY) has made a name for itself as being
one of the decentralized finance (DeFi) protocols offering
interest-free borrowing on the Ethereum network. This is a good
draw for investors looking to take out loans but not having to pay
huge interest on those loans. In the DeFi summer that was recorded
between 2020 and 2021, these kinds of protocols were proven to be
an investor favorite. As such, their native tokens are wont to soar
if there is a repeat of such a trend. LQTY token is still trading
below $2 and just like MEME, it has a low market just above $150
million. This makes it one of the altcoins with a good runway to
grow especially in a bull market and secure good gains for crypto
investors. LQTY price at $1.69 | Source: LQTYUSDT on
Tradingview.com Shiba Inu’s BONE Could Be A Game Changer For years,
the Shiba Inu-based BONE token has been able to fly under the radar
and has not achieved the notoriety of some of its meme coin
counterparts. However, this could quickly change especially with
the launch of the Shibarium network. Related Reading: Bitcoin Ends
October On A High Note, What To Expect For BTC Price In November
Shibarium, which is a Layer 2 network built atop the Ethereum
blockchain, actually uses the BONE token as its ecosystem utility
token. Many expected this to be Shiba Inu but the team has
clarified that SHIB only acts as a governance token in the network.
Given that BONE is the native token of the Shibarium network, it
stands to gain a lot when the network begins to gain widespread
adoption. And with a market cap under $160 million, there is still
a long way to go for BONE to catch up with its competitors in the
space. Follow Best Owie on X (formerly Twitter) for market
insights, updates, and the occasional funny tweet… Featured image
from Binance, chart from TradingView.com
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