While Bitcoin is on its way to a new all-time high, the crypto market offers plenty of opportunities to make profits in November.
This article offers the six best cryptos you can buy right now. Let’s dig in.
Pepe unleashed
Pepe unleashed redefines the meme coin industry with the world’s first Pepe-themed blockchain.
The team is building an Ethereum layer 2, which will reduce costs and improve speeds over the main Ethereum network. And that’s not all. It also has a block explorer, a staking mechanism, a DEX, an Ethereum bridge and more.
It’s an attractive concept, so it’s not surprising that traders are drawn to it.
Pepe Unchained is currently undergoing a pre-sale where it has raised $22 million. This makes it one of the hottest pre-sales on the market, even eclipsing the overall Ethereum ICO surge.
With such funds at its disposal, the team recently began accepting developer grant applications, which pay builders to launch projects on the Pepe Chain.
The current one Pepe Unchained presale The price is $0.01179, but it will increase during the ICO, with the next increase in one day.
Cat in a dog’s world
cat in a dogs world is a popular cat-themed meme coin that has seen a significant spike in interest this week.
This comes after South Korea’s largest crypto exchange, Upbit, added a new MEW trading pair against the Korean won (KRW).
Since then, MEW has generated a lot of attention, both in South Korea and internationally. They are currently the second best performing top 100 cryptos with an 11% pump this week.
On that basis, MEW has surpassed many of its peers, including Pepe, Dogwifhat, Dogecoin and Popcat.
However, with a market cap of just $840 million, MEW has significant room to capture these larger meme coins.
Currently, MEW is trading at $0.01179, down 6.8% today, but up 11.8% this week and 50% this month.
If November is a bullish month for the crypto market, MEW is well positioned for disproportionate growth.
Crypto All Stars
Many retail investors are allocating money to the meme coin sector this year, fascinated by the significant profits it has generated.
However, while the sector has experienced significant growth, it lags behind in terms of tangible utility. This is true Crypto All Stars comes in offering a staking app that allows users to generate passive rewards for their mop tokens.
It supports 11 of the top meme coins including Dogecoin, Shiba Inu, Pepe and Bonk. Holders can deposit their tokens and then passively earn $STARS rewards.
However, they must own $STARS to access the platform, creating a demand flow that could increase the price in the long run. This also makes Crypto All-Stars a more diversified bet, as its price is indirectly linked to that of the supported tokens.
The project also offers staking for its native $STARS token and it is already live. Currently it offers an APY of 550%, but this will decrease over time.
Crypto All-Stars is undergoing a pre-sale and has raised $2.8 million to date. Investors can do that buy $STARS for $0.0015248, but this price will increase later today.
Solana
Solana has become the most active blockchain thanks to its low costs, high speeds and intuitive user experience.
The network is mainly used for trading meme coins, which, like Crypto All-Stars, makes it a more diversified alternative to betting on a single meme coin.
That said, Solana also has other burgeoning use cases, with several AI-related projects emerging recently. Render is the leading AI project, currently with a market cap of $2.5 billion.
However, many traders have recently shown interest in another Solana-based AI project, Tars AI.
Meme coin-related activity fueled Solana’s growth in early 2024. This creates a network effect where more innovation and development begins to take place on Solana. As such, it is quickly solidifying itself as a leading Bitcoin and Ethereum blockchain.
SOL is priced at $174, up 1.3% today, 3% this week and 9.7% this month. It has a market capitalization of $81 billion and a 24-hour trading volume of $2.58 billion.
Flockerz
Although the meme coin industry is booming, it faces a number of significant problems. One of these is the prominence of centrally managed tokens and ‘cabal coins’.
Essentially, the original team or groups of early whales control many meme coins, which deviates from the fundamental principle of crypto decentralization. But the new presale Flockerz solves this problem.
Flockerz is building a Vote-to-Earn decentralized autonomous exchange (DAO), allowing users to shape the future of the project on-chain and paying them for it.
This ensures that everyone has a voice and reflects the vision of early blockchain pioneers such as Satoshi Nakamoto, the creator of Bitcoin.
Furthermore, the pre-sale gives all investors an equal opportunity to buy at a fixed rate, removing the risk of price manipulation that some meme coins are accused of.
The Flockerz presale has raised $1.1 million to date, despite launching just a few weeks ago. The price is currently $0.0058628, but this will increase later today.
Dogecoin
With just a week until the US presidential elections, Dogecoin is in a favorable growth position.
That’s because it’s the favorite meme coin of business magnate Elon Musk, who played a major role in Trump’s campaign.
Not least because Trump suggested that Musk could be appointed to his cabinet to head the Department of Government Efficiency (DOGE).
Should Trump win the election, chances are the Dogecoin price will explode, as Musk’s new position will share an acronym with the ticker symbol of his favorite meme coin.
Additionally, Musk continues to show interest in memes, so as crypto prices start to rise, there’s a good chance he’ll promote Dogecoin like he did in 2021.
Musk also quoted a tweet from Dogecoin graphic designer DogeDesigner earlier today, showing that he still remains within the Dogecoin community.