Best Altcoins To Invest In November 2024
1. Bittensor $TAO
Bittensor’s price has increased by 85%, outperforming 53% of the top 100 crypto assets in the same period.
Additionally, it is trading 282.06% above its 200-day simple moving average of 122.07. However, despite its strong performance, current price predictions for TAO are bearish.
Predictions for December 2024 indicate that TAO may trade between 1,601.05 and 2,271.45, with an average price of 1,985.22. If these projections hold, investors could see a return on investment of up to 386.66%.
Optimism (OP) is currently priced at $2.08, showing a 19.58% increase in the last 24 hours. This price rise has contributed to a market cap of $2.59 billion and a trading volume of $857.19 million.
In November 2024, predictions indicate a possible price increase to $3.39. The price could range between $1.70 and $5.85 for the month. If these predictions come true, investors could see a potential return of 178.23% based on current prices.
Moving into December 2024, Optimism’s price is expected to range from $5.73 to $8.15. The average monthly price may reach $7.12, suggesting a potential return of 287.51% for investors.
3. Maker ($MKR )
Maker MKR is currently valued at 1,540.14, showing a 2.05% increase over the last 24 hours. Over the past year, its price has risen by 5%. The Fear & Greed Index stands at 82, reflecting “Extreme Greed” in the market.
November forecasts point to a potential price increase, with predictions suggesting a rise to 2,359. The estimated trading range for the month is between 1,472.47 and 2,759.40.
By December, the token is expected to trade within a broader range of 2,610.72 to 4,098.78. Analysts predict an average price of 3,561.04 by the end of the year. This would represent an increase of approximately 131.23% compared to its current value.
