By Nermeen Nabil Khear 
Was Uptober what you expected it to be? Probably not. Uptober felt more like a Nonetober to me and everyone else. Bitcoin did a lot of sideways action during October. It mostly shuffled around between $64,000 and $68,000. Well, yeah, that was a bit disappointing. However, towards the end, it surprised us with a new ATH of $73.7k. So, is the bull run cancelled? No, not by a long shot.
Here is a lesser-known fact, November is in general the best month for crypto. October has a general upwards trend of 21%. However, during November, that’s 46.8%. So, bring on November! It’s also pretty much six months after the halving. That’s when the previous bull runs started. So, my team and I found four altcoins for you that I expect to pump during November. This includes Seedworld.
Bitcoin ($BTC)
So, I’m kicking this off with crypto’s own OG, Bitcoin ($BTC). Because, let’s face it, if Bitcoin moves, the market pretty much moves along with it.
Now there’s one big elephant in the room, that’s going to influence the $BTC price for the short term. That’s the US election. Today, Tuesday 5th November, we will know more. It will be great to have a clear winner on the 6th, after the counting is done.
Or maybe that won’t happen. It’s currently very tight. So tight, that with the current situation, either party will most likely want recounts. Sometimes recounts are even automatic. For example, every US State has a law covering this. Like, when a national election has a difference of less than 1% in the popular vote, that state will have a recount. See the picture below.
Source: NSL
The candidates don’t even have to ask for it. In other circumstances, they can request a recount under certain conditions. So, most likely the US elections will be the kickstarter for the 2024-2025 bull run. It’s a matter of how long it will take to declare a winner.
But, back to Bitcoin. The general feeling is that if Trump wins, $BTC will go to $100,000 before the end of the year. On the other hand, if Harris wins, $BTC will still get to $100k. It will just take a bit longer. So, either way, be ready for a bull run, starting most likely shortly after the US elections. Bitcoin should be leading this run, that’s why I picked it.
Seedworld ($SWORLD)
Seedworld is where gaming and user-generated content (UGC) meet. Imagine it. You can build part of a game section that everyone gets to play. It’s pretty cool, right? It’s the ultimate in community-based gaming.
Plus, Seedworld has a new game mode coming soon to bring the best of 3rd person shooter games and survival/quest-based games together. They are making some big moves. One of those big moves is their token launch.
And if you are already on Seedify and hold an $SNFT, then there’s a bonus for you. Seedworld is launching its community round/IGO on Seedify right now. Seedify supporters get an extra benefit.
Up to 18% of the total supply of $SWORLD is set aside just for $SFNT holders. You can burn $SNFT 1:1 to get your $SWORLD. And only $SNFT holders can do this. But even if you do as in other IDOs & IGOs and just register on Seedify to become part of the round, there is still A LOT to be optimistic about.
$SWORLD is the ticker.
— Seedworld (@SeedworldMeta) November 2, 2024
We have never seen this mix of UGC and gaming before. Seedworld will have an advantage being the first to implement it. But they won’t be the last. Everyone else who wants a piece of the action will have to follow Seedworld’s X account to find out where $SWORLD will be available. Get the latest updates on X to get your tokens.
Bittensor ($TAO)
One of the most promising sectors in crypto, right now, is AI. Bittensor ($TAO) is one of the leading projects in this sector. Measured by market cap, it takes the third spot. Bittensor is about machine learning and how it trains AI models. It’s the world’s first neural internet.
True to the original blockchain roots, Bittensor is a decentralized project. In other words, no single entity is a sole authority. That’s their starting point.
Another interesting feature is their PoI or Proof of Intelligence consensus system. Whoever takes part in this receives rewards in a unique way. Your rewards depend on how valuable your contributions are.
Bittensor is part of the Polkadot ecosystem. Their lease on their parachain ends 19th December 2024. So, there are only around 50 days left.
Why is Substrate the right choice for @opentensor?
“Part of the reason why it’s so great, is the modularity, and the open ecosystem of all the tooling and all the pallets” – @KibibyteMe
Watch Space Monkeys, w/ Bittensor developer Cameron Fairchild
https://t.co/gtYyV5dwdh
— Polkadot (@Polkadot) November 3, 2024
Bittensor Launches Own Chain
However, in March 2023 it launched its own chain. It’s modeled after the Bitcoin network. For example, its $TAO token has a max supply of 21 million tokens. Its $TAO token has various use cases. For example, you can use it for,
- Staking, which secures the network and earns you rewards.
- Governance allows you to have a say in the direction of the project.
- Pay for transaction fees in its ecosystem.
It also offers an open, P2P (peer to peer) global network. This allows AI models to work together on a global basis. So, it does offer an alternative to the centralized AI organizations. Think of the likes of Microsoft (OpenAI) or Google’s Bard. Bittensor’s ecosystem is currently also doing well. Hence, I expect a pump during the up-and-coming bull run.
The current $TAO price is $508 with a $3.7 billion market cap. However, out of the 21 million max tokens, only 7.3 million circulate to date. That’s about a third. Still, keep an eye out for Bittensor and its $TAO token.
Sui Network ($SUI)
If one network has been on fire recently, it is Sui. We covered it quite regularly. For example, my recent video on its ecosystem or how many $SUI you need to become a millionaire.
Now get ready for the next step of the Sui pump. Once this bull run kicks off, sometime after the US election, Sui should get a couple of extra steps up the ladder, price wise.
Currently, it’s residing in a great entry area. The current $SUI price is $1.95. It just came down from its recent ATH of $2.35, only three weeks ago. This is a much-needed correction. Its current market cap is $5.5 billion. So, there’s plenty of room to grow.
Together with Solana, Sui is setting all the new records. Both projects are outperforming Ethereum left and right. Outflows from Ethereum to Sui have been significant. For example, on the new Sui bridge, there was an inflow of 3k $ETH.
Over 3k ETH have been effortlessly bridged from Ethereum to Sui via Sui Bridge!
Sui is leveling up, making it easier for funds to move from other chains. And keep an eye out – the ride is just getting started.
https://t.co/SIhksArxBh
— Sui (@SuiNetwork) October 25, 2024
In general, Sui is on the receiving end of Ethereum outflows. Not only with its own bridge. See the chart below, Sui leads all other chains, even Solana.
Source: X
There are more interesting developments. For example, Coinbase enabled deposits and withdrawals of $USDC on Sui. As you may remember, $USDC is now native on Sui. You can send $USDC within seconds now from Coinbase to Sui.
Not to mention Sui’s memecoins. Once Sui takes off, it’s more than likely that its memecoins also take off. The highest Sui memecoin market cap is currently below $30 million. You don’t want to miss this train before it leaves the station. For example, $BLUB, $FUD, or $AAA.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Seedworld.
Copyright Altcoin Buzz Pte Ltd.
The post Seedworld And Other Alts Poised to Pump in November appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.