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.

With the crypto market experiencing a renewed bullish wave following the announcement of Donald Trump's victory in the 2024 presidential election, several top-performing altcoins have shown remarkable promise. Among these, three cryptocurrencies stand out as potential candidates for a 5X rally in November, presenting an attractive opportunity for investors seeking high-return investments.

3 Top-Performing Cryptos to Buy for a Potential 5X Return in November

As the Bitcoin price rally reaches a new high of $77,200, it has stimulated a broader market recovery. Among the top crypto to buy for investors aiming for a 5x return in November are Toncoin (TON), Shiba Inu (SHIB), and Aureal One (DLUME).

Toncoin (TON)

Closely associated with the popular messaging app Telegram, TON is positioned at the top of our list of crypto to buy thanks to its exceptional performance in 2024. Over the last 4-months, the Toncoin price has undergone a gradual correction, declining from $8.17 to $5.29 — a 36% decrease — as it encountered a descending trendline resistance.

However, with the post-election market rally, the Toncoin price is now just 2% away from breaking through the overhead resistance. Notably, since September, the supply of TON on exchanges has decreased significantly, dropping from 2.54 Million coins to 1.7 coins, as indicated by Santiment data.

This reduction in exchange supply suggests that investors are actively moving their assets into private wallets for long-term holding, reflecting their optimism in the asset's future growth potential.

Shiba Inu (SHIB)

Among the top memecoins, the Shiba Inu coin is showing strong potential for a major rally, supported by both whale accumulation and chart reversal patterns. Over the past five months, the Shiba Inu price prediction has been tracking a sideway trend, encountering resistance at the $0.00002 level.

The consolidation period has formed an inverted head and shoulder formation, hinting at the possibility of a major reversal. Furthermore, the supply of SHIB held by the top address has seen a gradual increase, rising from 59.9% to 61.3% over the last five months.

This accumulation by large holders indicates a sustained confidence in the long-term potential of Shiba Inu.

Aureal One (DLUME)

Aureal One is a blockchain project that aims to provide a high-performance web-3 gaming experience and metaverse service. The platform has quickly garnered the attention of investors, with its presale selling out in just minutes and generating over $100,000 soon after the platform was announced.

Designed with near-zero transaction fees and lightning-fast processing times, the Aureal One platform offers a scalable and efficient solution that has the potential to redefine the standards for blockchain-powered digital experiences.

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