The Bitcoin price continues to trade above the $34k price mark, with many analysts expecting it to hit the $40k level by the end of the year and kick off the next crypto bull run in 2024.
However, experts believe that after the Bitcoin Uptober rally, November’s bull cycle could belong to the altcoins. As BTC continues to consolidate, investors could move to the altcoin and meme coin market in search of volatility.
Furthermore, the Federal Reserve is expected to continue to pause its monetary tightening, providing ample room for crypto prices to explode.
Best Altcoins To Buy Now For Next Crypto Bull Run
On the very first day of November, altcoins such as XRP and Solana have started to breakout, with experts backing Chainlink and Pepe to be next in line. New presale tokens, especially the ones offering high-utility, are also experiencing strong demand.
With this in mind, we list the 7 best altcoins to invest in November.
XRP ($XRP)
XRP is the fifth-largest cryptocurrency in the world, with a market cap of over $32.2 billion, according to CoinMarketCap. The token is utilized by Ripple Labs to facilitate cross-border payments, instantly and trustlessly.
Experts are in consensus that XRP is one of the best altcoins to buy now, thanks to Ripple’s landmark court victories over the US Securities and Exchange Commission.
Back in 2020, the SEC accused Ripple of breaching the Securities Act, claiming that XRP was an unregistered security. However, Judge Analisa Torres of the SDNY District Court ruled in July of this year that while Ripple’s institutional sales of XRP did breach the Securities Act, its programmatic sales did not.
This ruling established that XRP is not a security in itself, making it only the second cryptocurrency after Bitcoin to have regulatory clarity in the US. Since then, Judge Torres has also rejected the SEC’s motion of an interlocutory appeal against her previous ruling. The agency has also dropped its lawsuit against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.
Considering that these victories came during a bear market, the XRP crypto still remains massively undervalued. However with the crypto market outlook now bullish, the token has started to display explosive price action.
The XRP price has skyrocketed 4% on Wednesday and is trading near the $0.6 price mark, thanks to a 40% surge in its daily trading volume. The token closed the month of October above the $0.59 resistance, leading traders to believe that it could hit the $0.84 mark in the coming weeks.
Bitcoin Minetrix ($BTCMTX)
Bitcoin Minetrix is an innovative cloud mining platform that allows ordinary investors to earn passive mining rewards – simply by staking $BTCMTX tokens.
Experts such as Michael Wrubel – who has 310k subscribers on YouTube – believe that there is an enormous demand for this utility, considering the crypto mining industry has been monopolized by wealthy corporations for over a decade.
This robust demand is evident in the $BTCMTX presale, which has raised close to $3 million in just over a month.
After all, it has been nearly impossible for retail investors to earn BTC mining rewards, considering the high technical expertise and capital investment required to run a competitive operation.
However, Minetrix users only need an Ethereum-compatible wallet such as MetaMask. They can purchase $BTCMTX tokens – preferably in the presale for maximum profits – and stake them to receive mining credits. Through the stake-and-mine dashboard, users can burn these credits in exchange for cloud mining time or a percentage of the yields, both options leading to BTC rewards.
With experts predicting Bitcoin to explode, the accumulated rewards could lead to sizable profits for the investors.
Bitcoin Minetrix’s tokenized approach also brings transparency to the process, eliminating the scams and centralization risks rampant in other cloud mining platforms. For instance, Minetrix users can choose to unstake and sell their tokens at any point, which is a major improvement over the long-term contracts required by other platforms.
Thanks to its unique value proposition, $BTCMTX is backed by experts to display an explosive price action after its launch, with some even predicting a 10x bull rally.
Visit Bitcoin Minetrix Presale
Solana ($SOL)
Solana – widely touted in the crypto community as the Ethereum-killer – is the seventh-largest cryptocurrency, boasting $16.3 billion in market capitalization. $SOL is the native token of the Solana blockchain, used to facilitate transactions on the network.
The Solana blockchain is designed to host scalable, decentralized applications, with many experts believing it to be the superior Layer-1 platform to Ethereum. Indeed, both Shopify and Visa have chosen to partner with Solana for its payment solution.
Solana suffered massive losses at the end of 2022 due to its close ties with the bankrupt exchange FTX and its disgraced founder Sam Bankman-Fried. However, the SOL price has seen a massive reversal, surging over 300% this year alone.
Solana has posted the highest gains of any top 20 cryptocurrency over the past month, skyrocketing approximately 100% over the period.
Experts believe that $SOL’s bull rally is not close to being done. @CryptoTony__, who has close to 350k followers on X, believes that Solana will soon hit the $70 – $75 price range, making it one of the best crypto to buy now.
The on-chain activity on Solana is also exploding, with its Average Daily Volume now at $450 – which is over twice the 2023 average. Step Data Insights also reveal that the Total Value Locked on Solana has surpassed $410 million.
TG.Casino ($TGC)
TG.Casino is a Telegram-based crypto gambling platform, which provides access to hundreds of games and sports books, without the burden of any KYC verification or account setup.
The platform’s native token – $TGC – is gaining strong traction in its presale, having already raised $1.6 million in just over a month. After all, experts believe that the GambleFi niche will explode during the next crypto bull market, which could lead to a strong rally in tokens like $TGC.
TG.Casino’s innovative Telegram-based approach will provide a massive boost to $TGC, considering that the popular messaging app is a home of millions of crypto and gambling enthusiasts. For instance, the admin of Crypto Whale Pumps group on Telegram – which has 25k subscribers – has already purchased 10 ETH worth of $TGC tokens in the presale, getting in early ahead of the next crypto bull run.
Furthermore, Telegram’s double-encryption security will protect investors from hacks and privacy violations. After all, the recent $40 million hack on the Stake casino has raised questions about the safety of crypto gambling platforms – however, TG.Casino’s high security standards could quell such fears.
$TGC is a value-driven component of the TG.Casino platform – as the popularity of the program increases, so will the token’s value. For instance, players betting with $TGC will earn a 25% cashback on all their losses.
Similarly, a portion of profits from the casino will be utilized to purchase $TGC from the open market, 40% of which will be burned to create a deflationary supply and the remaining 60% will be distributed as staking rewards. The TG.Casino staking pool is currently offering an APY of over 300%.
Pepe ($PEPE)
According to the latest CoinMarketCap data, Pepe is the 76th largest cryptocurrency, with a market cap of over $460 million. It is also the 3rd largest meme coin, inspired by the popular Pepe The Frog.
Back in May of this year, Pepe coin shocked the crypto market by skyrocketing close to 10,000% in a span of two weeks, hitting an all-time high market cap of $1.6 billion. While the token has depreciated since, it still remains one of the most bullish cryptocurrencies on the market.
The frog-based meme coin suffered from a rug pull in August of this year, in which its developers sold close to $15.8 million worth of Pepe holdings.
However, the official Pepe Twitter account announced that rug pull was orchestrated by a few bad apples within its team and that the remaining tokens have been moved to a new secure wallet. The Twitter account also revealed recently that close to $5.5 million worth of tokens have been burned. In a way, the rug pull incident turned out to be a blessing in disguise, considering that it led to Pepe becoming one of the most decentralized meme coins.
Pepe also remains one of the few meme coins to be listed on Binance, with experts believing that it could also be listed on Coinbase in the coming months.
Furthermore, the meme coin remains strongly correlated with Bitcoin price – thanks to the recent BTC bull rally, the Pepe price skyrocketed close to 40% in October. During the next crypto market, experts such as @Pauly0x are backing Pepe to hit a new all-time high.
Meme Kombat ($MK)
Meme Kombat is another meme coin that is being backed by experts to explode during the next crypto bull run. However, unlike Pepe that has already exploded, $MK is still in its presale, allowing investors to gain the maximum profits.
The Meme Kombat presale has hit the $1 million mark in just over a month, showing the strong demand for new meme coins that could be the best performing assets in the next crypto bull run.
Also unlike Pepe, Meme Kombat offers high utility to its investors, such as Play2Earn, Stake-To-Earn and GambleFi. The Play-to-Earn platform will see 11 fictional characters engage in exciting and unpredictable battles, with each character representing a popular meme coin such as Pepe, Doge, Shiba, Floki, etc.
The outcome of the battles will be decided on-chain, allowing players to wager on their favorite characters. Players can wager against each other or against the house itself, along with some exciting on-chain betting.
Investors can also choose to stake their tokens and start to earn passive income right from the presale itself, currently at an APY of 112%.
Such high-utility meme coins are surging in popularity, as exemplified by the recent Floki and Shiba Inu bull rallies. Consequently, popular traders such as @CryptoTony__, who has close to 350k followers on X, are bullish on Meme Kombat’s price potential.
The Meme Kombat project is also big on transparency and has revealed the identity of all key team members behind the token, including its founder Matt Whiteman. This protects investors from rug pulls and scams, ultimately leading to higher user adoption.
Chainlink ($LINK)
Chainlink is a top Web3 services company, widely known for its cutting-edge Oracle technology. Its native token – LINK – has amassed a market cap of over $6 billion, becoming the 12th largest cryptocurrency, according to CoinMarketCap.
Experts such as Michael van de Poppe of MN Trading believe that $LINK is extremely under-valued, considering that Chainlink continues to push the frontiers of blockchain technology.
Its Cross-Chain Interoperability Protocol (CCIP) allows for cross-chain transfer of assets, which is an extremely valuable utility for finance companies. TradFi giants such as SWIFT, DTCC and the ANZ Banking Group recently partnered with Chainlink to successfully test CCIP’s blockchain interoperability, which is a mark of its high demand.
At Sibos 2023, Chainlink’s co-founder gave a keynote address highlighting the benefits of CCIP, which was attended by some of the world’s premier financial institutions.
In the past week alone, 9 different companies – across 4 different chains – adopted Chainlink’s services, including giants such as Vodafone Business and Avalanche.
Thanks to this rapid adoption, $LINK has surged close to 35% over the past month and is currently priced near the $10.75 price mark.
Popular trader @Cephii1, who has close to 100k followers on X, expects Chainlink to deliver a 10 – 20x price rally, while others believe that the token will hit a new all-time high in the coming months.