7 Next cryptocurrency to explode in November 2024
Here we're highlighting seven promising cryptocurrencies poised for growth in November 2024, fueled by key events like the U.S. presidential election, an expected interest rate cut, and rising interest in meme coin investments. Among the top contenders are FreeDum Fighters, Pepe Unchained, and Crypto All-Stars, each offering unique utilities and presale opportunities for early investors.
Next month is expected to be huge for the crypto industry, kicking off with the US presidential elections on 5 November.
Three days later, there is expected to be an interest rate cut, and analysts are also looking towards rising Bitcoin ETF inflows and decreasing Bitcoin miner reserves as reasons the market might pump.
With that in mind, let¡¯s explore seven cryptos that could explode in November.
FreeDum Fighters
It¡¯s election season, so traders are taking bets on PolitiFi tokens that they think might perform best.
Projects like Super Trump Coin and Doland Tremp have soared over 100% this month, but FreeDum Fighters is on track to outperform them.
It¡¯s currently undergoing a presale, and it has raised $250K so far. In comparison, Super Trump Coin has a $12 million market cap, and Doland Tremp is worth $29 million.
Yet, FreeDum Fighters stands out from other PolitiFi tokens with its commitment to innovative utility.
It offers a satirical spin on the election, allowing users to stake their tokens in MAGATRON or Kamacop 9000 staking pools. Based on which candidate performs better in the real world, stakers in the corresponding pool will earn rewards.
It also has features like weekly debates offering $DUM rewards and an ¡°Ask Joe¡± AI chatbot, which is programmed to return entertaining yet nonsensical ramblings to the users¡¯ inputs.
Investors can buy FreeDum Fighters today for $0.00005, but this price will rise throughout the ICO.
Pepe Unchained
Ethereum remains king regarding locked liquidity, with DeFiLlama reporting it has a TVL of $47 billion. However, it¡¯s been unable to keep pace amid 2024¡¯s ¡°meme coin supercycle,¡± losing users to Solana due to inferior fees and speeds.
But this is all changing with the advent of layer 2 blockchains, specifically Pepe Unchained - the first layer 2 dedicated solely to meme coins.
Think of Solana¡¯s high speed and low costs mixed with Ethereum¡¯s decentralization and security. That¡¯s what Pepe Unchained offers.
And it¡¯s all centered around meme coins. They¡¯re offering developers grants for builders to launch meme coins and meme coin-related apps on the blockchain.
With access to Ethereum¡¯s liquidity, a focus on meme coins, and improved transactional capabilities, Pepe Unchained is positioned to become a leading blockchain.
And right now, it¡¯s undergoing a presale where it has raised $22.1 million.
The current Pepe Unchained presale price is $0.01177, but this will rise in one day.
Klaus
Klaus is the new meme coin on the block this week, and it has been causing a ruckus - both on-chain and on social media.
It¡¯s an Ethereum-based meme coin based on a fish who was ¡°once a top-tier athlete.¡±
The project aims to rival Pepe and says it is ¡°not just another meme¡± but it¡¯s ¡°the future of meme culture.¡±
Klaus has trended on CoinMarketCap and has also been picked up by analysts.
For instance, Crypto King notes that its price chart has formed a double bottom and says it is ¡°just one pump away from Valhalla.¡±
$KLAUS is just one pump away to Valhalla ?
¡ª Crypto King??.eth.sol (@cryptosanthoshK) October 24, 2024
With @gate_io listing happening, I would say, this is a right time to accumulate. Remember the zones below, the liquidity flow will just send this higher.
Moreover, team is based and Dubai whales are loading.
Higher. pic.twitter.com/TJgOHNIyqV
The project remains new, so narratives surrounding it have yet to unfold. Nevertheless, its early momentum suggests it has an experienced team, which could lead to long-term price growth.
Klaus is trading at $0.03102, down 8% today and 32% this week, but up 410% since CoinMarketCap began tracking its price on 11 October.
Crypto All-Stars
When it comes to tokens with an experienced team, Crypto All-Stars comes to mind. The project has raised a whopping $2.5 million via a presale, and it¡¯s all thanks to a revolutionary use case.
The team has spotted a market gap, and their product might change how traders interact with meme coins.
Meme coins like Dogecoin and Pepe have very little utility outside of ¡°buy low, sell high.¡± But Crypto All-Stars changes that with a staking vault where users can deposit their joke tokens and earn passive $STARS rewards.
But here¡¯s the catch: they must hold $STARS to access the platform, and the more they have, the more they can earn.
Fueled by a disruptive use case, Crypto All-Stars¡¯ $STARS token could be in high demand once the platform goes live, and right now, it¡¯s available to buy at presale.
Currently, investors can buy $STARS for $0.0015188, but this price will rise throughout the ICO.
Flockerz
Flockerz is a new bird-themed meme coin building the world¡¯s first Vote-to-Earn decentralized autonomous exchange (DAO).
The project is undergoing a presale where it is showing significant demand, raising $1 million in its opening weeks.
But it¡¯s no surprise. Flockerz tackles a massive issue of meme coins: many are led by centralized teams, and the tokens are concentrated in the hands of a few early whales.
But with Flockerz, all $FLOCK holders get to vote on-chain and shape the project¡¯s future, and the presale ensures a decentralized token distribution among community members.
Flockerz holders will earn tokens by voting in the DAO but can also earn from staking. Staking is live in the presale and currently provides a 1,654% APY, but this will decrease as the staking pool grows.
Meanwhile, the Flockerz presale price will gradually get higher, incentivizing investors to act quickly.
Cat in a dogs world
cat in a dogs world is a Solana-based meme coin and its second-largest cat-themed token. The meme coin sector continues to evolve, and cat coins have proven to be one of the most popular narratives in recent months.
This is a natural reaction for traders seeking to be early on the next big trend, considering dog-themed meme coins dominated the early years of meme coin mania.
cat in a dogs world has shown strength this week with a 19% pump, it¡¯s also up 10% in the past 24 hours.
The largest South Korean exchange, Upbit, added a MEW trading pair against the Korean won (KRW) this week, which caused the recent rally.
This is not the first time a major player has shown interest in MEW - Revolut also listed it in September.
cat in a dogs world is clearly making an impression on big industry names, which is foundational for an explosive performance in the bull market.
Memebet Token
Memebet token is a new GameFi project that lets users wager all the top meme coins on thousands of games and sportsbook events.
It will entail a web app and a Telegram app - both of which are KYC-free. Users simply connect their wallets and start playing.
It aims to attract the masses to GameFi while adding a memetic element for extra excitement and unpredictability.
Strengthening its user appeal, Memebet will offer slews of user rewards, including an upcoming $10K airdrop, deposit bonuses, lootboxes, and much more.
Memebet is also the regional sponsor of the Argentina soccer team, exemplifying its ability to take action on the world stage.
And right now, $MEMEBET is available to buy at presale.
The ICO has raised $515K so far, meaning those who buy today will be among the earliest buyers.
Currently, the Memebet presale price is $0.0261, but this will rise in two days.