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Reading: The Most Profitable Altcoins in October and November Predictions
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EdaFace Newsfeed > Latest News > Crypto News > The Most Profitable Altcoins in October and November Predictions
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The Most Profitable Altcoins in October and November Predictions

vitalclick
Last updated: November 3, 2024 1:57 pm
5 months ago
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cryptocurrencies Last month was a volatile period again and some altcoins performed much better. Investors are hopeful and the most active periods of the last quarter should now begin. All indicators say that the historical boom period is about to begin. So what are the experts’ latest predictions?

Cryptocurrencies PredictionMost Profitable Altcoins

Cryptocurrencies Prediction

Miles Deutscher in his analysis today crypto- He discussed the current situation in currencies. Evaluating the last decline, the person said that sales accelerated largely due to delayed long liquidations. We saw $2.3 billion in sales on Thursday, the largest mass sale in recent memory.

“The move was largely due to late long liquidations (not unexpected). Today I will be making DCA purchases for quality altcoins. I think we could see a deeper, shorter correction at some point, and I want to capitalize on that. “Electoral volatility will continue, so I stay away from leverage.”

In addition, the name sharing the graphs above also explains what consequences the election results will have on the markets. As you can see in the short-term movement, the decrease in the probability of Trump’s victory in Polymarket was effective. As the election result date for Trump approached, Harris’ vote also increased on crypto prediction platforms.

If Kamala Harris wins the elections, as we see in polls such as Reuters and ABC News, we may see a deeper correction in cryptocurrencies.

Voting for the election continues and we can now assume that the latest polls are largely in line with the election results. Unless there is a big surprise, it looks like the Democrats will win the elections. this too cryptocurrencies It means a risk of further decline on Tuesday. What if there is a surprise and Trump wins the election? So when will the Fed add Bitcoin to its reserves? $68,287 We’ll talk about starting to add it.

Most Profitable Altcoins

In previous quarter performance evaluations breast coins It stood out as the most profitable category. The latest performance chart shared by Daan Crypto Trades tells us that the situation has not changed in recent days.

“Once again, based on last month’s performance. meme coin industry pioneered. Performances were all over the place, with very different returns for different sectors. Artificial intelligence industry, chain artificial intelligence “He became the slowest horse this time as meme coins absorbed liquidity.”

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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