Crypto Gems: Top crypto assets to watch & buy in November 2024
Given the bullishness, we explore some emerging narratives in crypto and identify potential gems that could yield good returns in the coming months. Remember, the crypto market is inherently volatile, and it's crucial to conduct your own research and understand the risks associated with each investment.
Layer 1s – ETH and SOL (Low to Medium Risk, Good Returns)
Layer 1s form the backbone of Web3. This month, we stick to the top two altcoins which can have strong returns once the Bitcoin rally ends.
Ethereum (ETH) has had a tough time post its Merge in 2022. It has dropped more than 50% against Bitcoin and is at a stage where it can be considered a value buy (0.034 ETH/BTC valuation currently). ETH tends to do considerably well in Jan.- Mar. quarter but it is already showing signs of revival this month. ETH has a potential to do 4-6x over the next 12 months.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
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Point & Figure Chart Mastery: A Comprehensive Trading Guide
By — Mukta Dhamankar, Full Time Trader, 15 Years Experience, Instructor
Stock Trading
Commodity Markets Made Easy:
