🚨 Best Buys November 2024
5 Profitable Opportunities
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Today, we’ll give an overview of our favorite altcoins of the month.
November 2024. Where it’s all going?
In November, the crypto market cap grew by 36%, and Bitcoin hit $99K, reaching a new ATH.
The Fear & Greed Index indicates that we are currently in ‘Greed’ Mode.
This allows us to leverage momentum and capture (also) some short-term gains.
Best 5 charts of the month
1. Capital flows are shifting from bitcoin to ether (link)
2. Solana DEX volume surpasses $100 billion (link)
3.The Ethereum ecosystem dominates 2024 in daily Net Inflows (link)
4. Dogecoin market cap is now greater than 60% of S&P 500 (link)
5. Crypto activity and usage hit all-time highs (link)
Best Buys November 2024
Now let’s dive into our favorite crypto for November 2024.
We only mention tokens that can be found within our watchlists and portfolios.
Let’s dive in!
5. Ethereum Name Service ($ENS)
Ethereum Name Service is a decentralized and open-source naming system that facilitates the translation of human-readable names into machine-readable identifiers such as cryptocurrency addresses, metadata, and content hash.
Ethereum Name Service is down more than 57% from its ATH and outperformed BTC in the last 3 and 12 months.
The Basics:
Sector: Web3 Infrastructure
Vertical: Ethereum
Market Cap: $1.20B
24H Real Volume: $2.24B
X Community: 265K