Top Cryptocurrencies to Buy Now November 18 – Quant, Algorand, Polkadot

As
cryptocurrencies
continue
to
reshape
global
financial
systems,
governments
and
policymakers
are
exploring
the
benefits
of
adopting
Bitcoin
as
a
strategic
reserve
asset.
Polish
presidential
candidate
Sławomir
Mentzen
openly
supported
establishing
a
Bitcoin
reserve
for
Poland.
This
follows
a
growing
trend
among
nations
recognizing
Bitcoin’s
potential
to
serve
as
a
hedge
against
inflation
and
as
an
alternative
to
fiat
currencies.  

Mentzen’s
stance
mirrors
strategies
seen
worldwide,
where
Bitcoin’s
decentralized
nature
and
limited
supply
position
it
as
a
valuable
asset
in
a
country’s
financial
arsenal.
With
leaders
and
governments
considering
such
moves,
the
discussion
around
adopting
Bitcoin
gains
traction,
adding
relevance
to
the
ongoing
search
for
the

top
cryptocurrencies
to
buy
now.  

Top
Cryptocurrencies
to
Buy
Now 

This
article
examines
some
of
the
top
tokens
to
consider
for
investment.
Akash
Network
has
experienced
notable
growth,
with
a
19.89%
increase
in
price
over
the
last
hour,
pushing
its
value
to
$3.90.
In
addition,
Polkadot
has
seen
significant
growth
in
user
adoption,
averaging
1,000
to
2,000
new
daily
accounts
since
mid-October.
Meanwhile,
Quant
has
demonstrated
strong
performance,
with
its
price
rising
nearly
10%
in
the
past
24
hours.

1.
Algorand
(ALGO)

Algorand
is
a
blockchain
network
designed
to
enhance
transaction
speed,
reduce
fees,
and
improve
efficiency
compared
to
older
networks
like
Bitcoin.
It
uses
a
pure
proof-of-stake
protocol,
eliminating
mining
and
reducing
energy
consumption.
The
network
supports
various
dApps
and
aims
to
provide
a
scalable
solution
for
blockchain
users.

Recently,
Algorand’s
total
number
of
addresses
grew
by
63%
quarter-over-quarter,
increasing
from
0.8
million
to
1.3
million.
This
growth
reflects
initiatives
like
partnerships,
educational
programs
in
countries
such
as
Nigeria
and
India,
and
developer-focused
efforts
like
the
Algorand
Incubator. 

Furthermore,
the
platform’s
total
value
locked
increased
by
12%
over
the
past
quarter,
rising
from
$173
million
to
$194
million.
This
growth
was
driven
by
activity
on
major
protocols
in
its
ecosystem.
ALGO,
the
platform’s
native
token,
is
currently
trading
at
$0.2151,
marking
a
daily
increase
of
10.88%. 

The
Q3
Algorand

@MessariCrypto
report
just
dropped.

Key
Insights:

????New
addresses
on
Algorand
grew
by
63%
QoQ,
from
0.8
million
to
1.3
million,
driven
by
the
Coinbase
Learning
Rewards
program.

????Algorand’s
DeFi
TVL
increased
by
12%
QoQ,
rising
from
$173
million
to
$194…

pic.twitter.com/1mvS2fiqbS

—
Algorand
Foundation
(@AlgoFoundation)

November
14,
2024

Over
the
past
seven
days,
the
token’s
price
rose
by
49.08%,
and
it
has
seen
a
71.89%
increase
over
the
last
30
days.
The
token
trades
16.75%
above
its
200-day
simple
moving
average
of
$0.18344.
The
Fear
&
Greed
Index
shows
a
reading
of
83,
indicating
strong
positive
market
sentiment.
ALGO
also
experienced
15
green
trading
days
in
the
last
30
days,
reflecting
high
liquidity
and
consistent
activity.

Predictions
for
November
2024
suggest
that
ALGO
may
trade
between
$0.199794
and
$0.231518,
with
a
potential
return
of
7.70%
if
current
trends
continue.
By
December
2024,
its
price
is
expected
to
range
between
$0.235153
and
$0.332402,
offering
a
possible
return
of
54.63%
based
on
an
average
predicted
price
of
$0.280695.
In
2025,
forecasts
suggest
a
price
range
of
$0.235154
to
$0.402236,
with
an
average
price
of
$0.304821
for
the
year. 

2.
FreeDum
Fighters
(DUM)

FreeDum
Fighters

is
a
cryptocurrency
project
that
mixes
storytelling
with
political
themes.
It
features
characters
like
“MAGATRON,”
inspired
by
former
President
Trump.
The
project’s
DUM
token
is
an
ERC-20
token
on
the
Ethereum
blockchain.
As
a
proof-of-stake
(PoS)
asset,
DUM
allows
holders
to
stake
their
tokens
and
earn
passive
income. 

This
feature
may
appeal
to
people
seeking
rewards
without
actively
trading
their
tokens.
The
project
offers
simple
staking
rewards
to
encourage
users
to
hold
onto
their
DUM
tokens.
Additionally,
there
are
two
reward
pools
based
on
investors’
choices,
adding
a
level
of
interactivity
to
the
staking
process.







FreeDum
Fighters
describes
itself
as
community-driven,
aiming
to
gain
attention
around
the
upcoming
U.S.
presidential
election.
By
combining
blockchain
technology
with
political
themes,
it
seeks
to
connect
with
people
interested
in
cryptocurrency
and
political
issues.
FreeDum
Fighters
raised
over
$590,000
during
its
presale,
with
each
token
priced
at
$0.000085. 

600k
is
getting
closer!

Let’s
keep
pushing
Fighters
????️

pic.twitter.com/52XNfh1LBQ

—
FreeDum
Fighters
(@Freedum_Fighter)

November
17,
2024

This
early
fundraising
indicates
some
interest
from
investors
and
potential
for
future
growth.
As
the


DUM

project
develops,
its
connection
to
political
events
may
influence
participation
and
engagement.
However,
its
success
will
depend
on
how
well
it
maintains
user
interest
and
adapts
to
the
changing
market.

Visit
FreeDum
Fighters
Presale

3.
Akash
Network
(AKT)

Akash
Network
(AKT)
has
seen
notable
growth,
with
a
19.89%
price
increase
in
the
last
hour,
bringing
its
value
to
$3.90.
Its
market
capitalization
has
reached
$968
million,
reflecting
increased
market
activity. 

This
surge
follows
Binance
Futures’
announcement
of
support
for
AKT
and
a
technical
price
breakout,
which
has
contributed
to
its
recent
momentum.
The
token
trades
289.69%
above
its
200-day
simple
moving
average
(SMA)
of
$1.0128,
indicating
a
strong
upward
trend. 

Furthermore,
the
token’s
14-day
Relative
Strength
Index
(RSI)
is
at
57.04,
suggesting
neutral
market
conditions
and
the
potential
for
sideways
price
movement
in
the
near
term.
The
Fear
&
Greed
Index
shows
a
reading
of
83,
pointing
to
a
high
level
of
market
optimism.  

Over
the
past
30
days,
Akash
Network
has
experienced
18
green
trading
days,
reflecting
consistent
positive
performance.
Its
24-hour
volume-to-market
cap
ratio
stands
at
0.1365,
suggesting
solid
liquidity
relative
to
its
market
size.
While
current
indicators
indicate
continued
interest
in
decentralized
infrastructure
tokens,
market
conditions
and
investor
sentiment
will
likely
influence
its
next
moves.  

4.
Polkadot
(DOT)

Polkadot
Blockchain
Academy
has
announced
PBA-X,
a
new
initiative
to
advance
Web3
education.
Designed
as
a
four-week,
part-time
online
course,
PBA-X
targets
individuals
new
to
blockchain
technology,
offering
structured
knowledge
to
help
them
enter
the
Web3
space.
The
program
begins
on
January
6
and
is
accessible
to
anyone,
regardless
of
prior
experience
or
geographic
location.

The
course
focuses
on
democratizing
access
to
high-quality
blockchain
education,
potentially
addressing
gaps
in
technical
understanding
for
a
broader
audience.
Participants
will
develop
foundational
skills
for
further
exploration
of
blockchain
and
decentralized
technologies.

Meanwhile,
Polkadot
has
recently
witnessed
significant
growth
in
new
user
adoption.
Starting
in
mid-October,
the
platform
averaged
1,000
to
2,000
new
daily
accounts.
By
November
10,
this
figure
spiked
to
5,188
new
accounts,
reflecting
a
150%
week-over-week
increase.
This
growth
could
stem
from
improved
market
conditions,
increased
awareness,
or
network
updates.
The
network’s
ability
to
attract
users
suggests
heightened
interest
in
its
ecosystem. 

Polkadot’s
Decentralized
Governance…

It’s
second
to
none,
and
perhaps
no
one
understands
its
dynamics
better
than
governance
gigabrain

@alice_und_bob

Hear
his
Web3
journey,
governance
philosophy,
and
ideas
for
increasing
voting
participation
among
DOT
holders.

Watch
now
⤵️

https://t.co/Bagfe5vUWJ

—
Polkadot
(@Polkadot)

November
17,
2024

Polkadot’s
unique
focus
on
interoperability
and
scalable
blockchain
solutions
continues
to
draw
attention,
particularly
as
Web3
adoption
gains
momentum
globally.
Meanwhile,
DOT
has
shown
notable
price
recovery
in
recent
weeks.
After
a
prolonged
downturn
through
the
summer,
DOT
reached
its
lowest
point
in
late
July
and
early
August. 

However,
the
token
began
to
recover
in
late
October,
showing
an
upward
trajectory.
In
early
November,
DOT’s
price
surpassed
$5,
reflecting
renewed
interest
among
investors.
Currently
valued
at
$5.78,
DOT
has
recorded
a
5.06%
intraday
gain.
The
recent
rally
aligns
with
broader
trends
in
the
cryptocurrency
market
and
increased
activity
within
the
Polkadot
ecosystem. 

5.
Quant
(QNT)

Quant
(QNT)
has
shown
strong
performance
recently,
with
its
price
rising
nearly
10%
in
the
past
24
hours,
pushing
its
market
capitalization
above
$1
billion.
At
the
time
of
writing,
the
price
of
QNT
is
around
$87,
reflecting
a
29.14%
increase
over
the
past
week. 

This
notable
improvement,
especially
compared
to
its
token
sale
price,
suggests
solid
growth.
The
coin
also
shows
good
liquidity,
with
a
24-hour
trading
volume-to-market-cap
ratio
of
0.1260,
indicating
healthy
market
activity.

Meanwhile,
the
14-day
Relative
Strength
Index
(RSI)
stands
at
55.50,
which
points
to
a
neutral
market
condition.
This
suggests
that
while
the
coin
is
not
overbought,
it
may
continue
to
trade
sideways.
Market
sentiment
surrounding
the
QNT
token
is
bullish.

Looking
ahead
to
November,
predictions
suggest
that
Quant’s
price
could
fall
to
$81.02,
possibly
between
$73.93
and
$87.57.
This
could
present
an
opportunity,
with
a
potential
gain
of
15.72%
if
investors
buy
at
the
current
price.

For
December,
the
price
of
Quant
is
expected
to
trade
between
$78.78
and
$90.48.
This
would
represent
a
slight
decrease
of
about
-3.81%
compared
to
the
current
price.
Short-sellers
might
see
a
potential
profit
of
around
10.19%
if
the
price
moves
as
expected.

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