5 Altcoins You Should Keep an Eye on in November đ¤đ¤
Ripple (XRP) Swell Conference Approaches
Price: $0.70
Market Cap: $37,622 billion
Rank: #4
The first November altcoin is XRP due to the Ripple Swell conference, which will be held on November 8-9 in Dubai. While the conference always receives considerable attention, expectations are even higher this time.
Injective (INJ) NFT Collection Contribute to Burn
Price: $17.89
Market Cap: $1,492 billion
Rank: #38
On November 11, the INJ price will launch the first-ever Non-Fungible Token (NFT) collection that will directly contribute to the INJ burn.
The mechanism of the Quants collection specifies that 5% of all volume of Quants will be burned. So, the more Quants get traded, the more tokens get burned. This can have a positive effect on the price by reducing the supply.
eCash (XEC) Upgrades Network
Price: $0.000029
Market Cap: $586,552 million
Rank: #71
A new eCash network upgrade will launch on November 15. The upgrade will introduce a 10% block reward allocated as a staking reward. Additionally, it will increase the miner fund block reward from 8% to 32%.
The XEC price trades above the $0.00003 horizontal area. It finally moved above it after four unsuccessful attempts at breaking out.
Hedera (HBAR) Community Event Can Lead to Increased Interest
Price: $0.055
Market Cap: $1,921 billion
Rank: #31
An event co-hosted Hedera and Object Computing, Inc. will be held on November 14. The event will unveil new decentralized business solutions, including decentralized identity, sustainability, rewards, and data transparency.
The Graph (GRT) Concludes November Altcoins to Watch
Price: $0.136
Market Cap: $1,265 billion
Rank: #46
The final November altcoin is GRT. The Graph tweeted that a big announcement is coming on November 7. While there was no official news as to what this will be, the slogan is that âA New Era is Coming.â The team will also host Datapalooza, a day focused on web3 data innovations, on November 13.
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