The cryptocurrency market continues its sideways momentum, with Bitcoin (BTC) seemingly consolidating at the $67,000 level. The global crypto market cap has dipped 1% in the last 24 hours and currently sits at $2.4 trillion.
While the market has been lackluster over the last few days, we may witness a rebound over the next month. The US Presidential election is right around the corner and may impact how the markets move over the next few weeks. Each candidate’s policies will likely catalyze how the markets behave.
Let’s look at three cryptocurrency assets that could rise by at least 30% in November 2024.
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These 3 Cryptocurrencies Could Witness A 30% Rally In November
1. Bitcoin (BTC)
BTC is the market leader and will likely make the first move if we enter a bullish leg. BTC hit a new all-time high earlier this year, and many analysts anticipate it climbing to new heights if Donald Trump emerges as the champion in the upcoming elections.
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According to CoinCodex, the original cryptocurrency could surge to $92,324 on Nov. 25, 2024. Hitting $92,324 from current price levels will result in a rally of about 37.47%.
2. Pepe (PEPE)
PEPE is one of the most popular meme cryptocurrencies in the market. The asset is also among the best-performing coins of the last year. Since its launch in April 2023, PEPE has displayed incredible growth.
According to CoinCodex analysts, PEPE could surge to a new all-time high of $0.00003088 on Nov. 25, 2024. Hitting $0.00003088 from current price levels will translate to a rally of about 247%.
3. dogwifhat (WIF)
WIF is another meme cryptocurrency with stellar performance over the last year. The Solana-based memecoin has quickly climbed the charts and is a strong contender to other dog coins, such as Shiba Inu (SHIB) and Dogecoin (DOGE).
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According to CoinCodex, WIF will also hit a new all-time high in November. The platform anticipates the asset to trade at $8.36 on Nov. 25, 2024. Hitting $8.36 from current price levels will translate to a rally of about 252%.
