The post 3 Top Performing Crypto to Buy That Could 5X In November appeared on BitcoinEthereumNews.com.

In November, top-performing altcoins experienced renewed bullish momentum following the victory of crypto-friendly candidate Donald Trump as the 47th President of the United States. Amid a high-momentum rally, investors can consider these three crypto to buy as they show potential for a 5X rally. 3 Top-Performing Cryptos to Buy for a Potential 5X Return in November The Bitcoin price rally to a new high of $77,200 has boosted broader market recovery. Toncoin (TON), Shiba Inu (SHIB), and Aureal One (DLUME) are among the top crypto to buy for investors looking for a 5x return on their investment in November. Toncoin (TON) TON, the cryptocurrency associated with the messaging app Telegram, stands at the top of our list of crypto to buy due to its high performance in 2024. Over the last 4-months, the Toncoin price has witnessed a steady correction from $8.17 to $5.29— a 36% decrease— under the influence of a descending trendline.  Amid the post-election rally, the Toncoin price was 2% away from challenging the overhead resistance. Since September, the TON’s supply on exchange has plugged drastically from 2.54 Million coins to 1.7 coins, according to Santiment data. The reduced supply on exchange indicates investors move their assets in private wallets to hold their position, projecting their confidence in the asset’s future growth. TON supply on exchange | Santiment Shiba Inu (SHIB) Among the top memecoin, the Shiba Inu coin shows the potential for a major rally amid whale accumulation and reversal patterns. Over the past five months, the Shiba Inu price prediction showcased a sideway trend that was struggling to sustain above $0.00002. The consolidation showcased the inverted head and shoulder formation, indicating a potential for a major reversal. In addition, the SHIB supply held by the top address has surged from 59.9% to 61.3% in the…

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Filed under: News - @ November 9, 2024 10:18 pm