Why Crypto Investors Are Buying These Altcoins For November: Binance Coin (BNB), Ripple (XRP), And Cutoshi (CUTO)
The post Why Crypto Investors Are Buying These Altcoins For November: Binance Coin (BNB), Ripple (XRP), And Cutoshi (CUTO) appeared on BitcoinEthereumNews.com.
November’s heating up, and so is the search for altcoins ready to break out. The meme coin market is rallying, and there’s a feverish vibe as investors seek out the next big hit. BNB and XRP are getting their share of the action, but if there’s one coin that’s sparking FOMO, it’s Cutoshi (CUTO). A mix of meme excitement and serious DeFi utility, Cutoshi is fast becoming the talk of the town. BNB Has A Steady Climb With Bulls On The Move This November BNB powers through a crucial resistance zone, with the $600–$618 range keeping bulls on edge over the past four months. Its steady 4% monthly gain is not so impressive, but a 164% boost this year alone has solidified its position as one of the year’s top gainers. Holding strong as the fourth-largest crypto with a market cap of $87 billion, BNB’s weekly price range, sitting between $572.87 and $610.76, signals it’s just warming up. Though still 16% below its all-time high of $717 set in June, BNB’s stability and whale interest suggest big players are betting on more. XRP Is Down But Not Out Despite a 6% dip year-to-date and a sharp 17% drop last month, XRP still has investors tuning in. The ongoing SEC v. Ripple appeal has undoubtedly weighed on its price, yet rumors of a Trump return to the White House have sparked fresh optimism, given his stance on crypto regulation. XRP’s weekly dance between $0.5022 and $0.5322 has it holding steady, though it faces hurdles at $0.55 and must keep the $0.52 support level intact. With liquidations hitting long contracts, sentiment is cautious; if regulatory clouds lift, XRP could see renewed life in no time. Cutoshi The Meme Coin With DeFi Ambitions Cutoshi is blending meme-worthy fun with DeFi power, bringing Satoshi…
Filed under: News - @ November 4, 2024 4:08 am