The crypto watchlist of a top analyst has emerged. You may be wondering which tokens made the list. It contains Solana (SOL), Render (RNDR), Optimism (OP), and InQubeta (QUBE). In this article, we will cover what made these tokens stand out and why they are altcoins to watch.
InQubeta (QUBE): November Top Pick
InQubeta (QUBE) is a top ICO (initial coin offering) on a bullish course. It is in the fourth stage of its presale and costs a cheap $0.0133 per token. According to analysts, it will see a 2,500% increase before the end of 2023. So, is it a crypto to watch this month? Definitely. Moreover, there has been a massive show of interest in its ongoing presale. It has raised a significant $4.2 million at the time of this writing.
InQubeta is a project that aims to introduce a new fundraising model into the AI industry and effectively transform the sector. It will become the first crowdfunding platform for AI startups through crypto. It further distinguishes itself for its vision to make the AI market available to everyone. To become an early adopter of this project and join the fast-growing community, follow the link below.
Solana (SOL): A Popular Player in the Crypto Scene
Solana (SOL) is already a big name in the crypto landscape. It is a top ten cryptocurrency by market capitalization. It allows the creation of decentralized applications (dApps) and generally provides DeFi solutions. Solana is unique because it has a hybrid consensus model comprising proof-of-stake (PoS) and proof-of-history (PoH).
It is a token to keep a lookout for this month because of the rising interest in it and growing confidence. Also, Solana has shown remarkable growth since the start of the final quarter of 2023. So, if you are searching for a good crypto to buy, Solana is a great option.
Render (RNDR): An Innovative Project
Render (RNDR) is a unique project in the crypto space. It is a distributed GPU network built on the Ethereum blockchain. This project connects artists and studios in need of GPU computing power with mining partners willing to rent out their GPU capabilities. Render has become an investor favorite and one of the top crypto coins in the market.
Is it a token to watch out for this month? Certainly. Render has been gaining momentum since the previous month, which is expected to continue in November. In addition to this, analysts believe that Render is undervalued and has more room for growth.
Optimism (OP): Scaling Ethereum
What makes Optimism (OP) unique? This layer-2 blockchain is built on Ethereum and benefits from its security. That isn’t all. It employs optimistic rollups to help scale Ethereum. This means that transactions are recorded on Optimism but secured on Ethereum. In addition to this, OP is one of the biggest scaling solutions, with about 97 protocols.
The above explains why Optimism was selected as one of the projects to watch this November. It has been gaining traction among developers and projects, which will play a key role in its rise this month.
Conclusion
The top altcoins on the watchlist of a renowned analyst are Solana, Render, InQubeta, and Optimism. These tokens have shown potential since the start of Q4 and are set to maintain the momentum. They also represent compelling and worthwhile investment opportunities.
