Top 6 Altcoin GEMS | November 2022 | Buy Dip Opportunities
There are new big opportunities for 6 project in November 2022.
Let’s try to answer the following. What is the most difficult question in crypto? For me personally, it’s always been when is the best time to buy a crypto coin?
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There are no guaranteed answers to that question, but I do feel that November is going to give us some exact short and long term buy and sell opportunities.
That’s for a few reasons we’re going to be seeing a few token unlock events that are happening this month in November. This means a drop in price for some massive potential crypto coins which means you can buy the dip and enjoy your gains once the bull market kicks in. In this article guys, we’re looking at six altcoin gems that ought to be on your radar for November 2022.
Note: The whole content is converted from Altcoin Buzz’s “Our Top 6 Altcoin GEMS | Nov 2022” YouTube video after requested the whole permissions.
Immutable X
All right, let’s kick off this list at coin number one with a familiar favorite one we’ve been talking about quite a bit actually, in recent articles. It is Immutable X ticker IMX. We’ve mentioned it a lot of times in our articles. This includes a deep dive from a couple months ago not too long ago.
Here’s how we view the current situation, if you’re sold if you’re interested in buying the current dip, this may be your chance because on the 5th of November, there’s going to be a token unlock event no less than 254 million IMX or about $148,000 worth of IMX is going to unlock.
That is 12.7% of the total supply, which means that it’s a great opportunity to buy cheap IMX, and this way you can set yourself up for the next Bull Run and hopefully reap the benefits as long as you’re not too impatient.
Don’t forget that Disney Marvel, Tik Tok, and Opensea all of these big companies these big names they all use Immutable X, the current price sits at 58.9 cents. expect this to drop a little bit given the upcoming events that we’ve discussed.
Let us know guys if you’re a fan of IMX for a lot of reasons that we delve deeper into in that dedicated article. We are a big fan of this project. Let me know if you are in the comments below.
Aptos APT
It’s making waves at the moment for a few different reasons. Now, we all know by now about their shaky launch, and honestly, we’re not very big fans of their tokenomics. They’re not fantastic. But look, what we are excited about is the Aptos ecosystem.
Mo Shaikh, the CEO of Aptos just tweeted that already we have 30 projects that have launched on Aptos, and this is where I choose to focus.
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Then within that ecosystem, I’m interested I’m looking at the NFT collections and there’s a potential blue chip in the form of InSilva.
I’m also trying to get whitelisted in discord servers have other collections or even better get an OG role. If you follow a similar strategy. This allows you to buy the NFT’s before the public sale and at a cheaper price.
Twitter, as we always say is the best place to search for these opportunities. In my opinion, the best collections to look out for besides InSİlva are for example Gen3 Punks, Spooks, RektDogs, and Bruh Bears.
That’s not an exhaustive list. There’s other stuff that you may want to check out as well. If you’ve already interacted with one or more of the Aptos projects, share with us your experience give us your feedback, whether positive or negative in the comments below because the fact is that it’s a pretty impressive ecosystem and it only continues to grow.
Algorand
Moving right along we are in November and as such we got to think about the World Cup which is coming up in Qatar we have the biggest event globally as far as the sports world is concerned. And with that we are introducing coin number three Algorand is next up on our list ALGO.
Really there are a few crypto projects that you know honestly got involved with the World Cup, but one is Algorand and they’re poised to do very well based on their exposure here. They are the official blockchain sponsor for FIFA. In case you’re not familiar, FIFA is the governing body that organizes the World Cup I know they’re not perfect. I know there’s a lot of criticism that you can discuss when it comes to FIFA, but that’s the reality they’re the guys behind the World Cup and so it’s kind of a big deal.
We did an article actually on Algorand just over a week ago, check out the link that should be popping up right about now. But with the World Cup again, which is about to kick off our goal may well see a positive price trajectory because as one of the main sponsors their name, at least presumably is gonna be all over the place. This is one of the biggest really, if not the biggest sporting events in the world.
Many people thus are going to see the Algorand name its logo for the first time during not only the matches, but afterwards as well. And so we do expect the price to go up if only for curiosity sake, because I think that many people are going to buy the token either during or right after the games.
My plan candidly, is to sell my ALGOs, also during or shortly after the World Cup, that way I make the most out of it. Admittedly, that is a very short term play. But don’t worry, we still like Algorand for the long term.
Actually, in May they acquired Napster you may not have known about that, which paves the way for the music industry to become more fan friendly. And Algorand also likes Napster’s vision, where they put the artists first. This has big implications for Web3, of course.
Despite that short term strategy for November, we do like them over the long term, the current price sits at 35.6 cents, and it’s probably one you should keep your eye on.
Chiliz
Next up on our list and a little bit related here at coin number four is Chiliz ticker CHZ. Now part of the Chiliz ecosystem, of course, are the Socios fan tokens, they concentrate pretty heavily on football, or European football, aka Soccer can mean different things depending on where you are in the world. But let’s call it European football.
This means that both the CAC and Socios fan tokens may do pretty well before and during the World Cup. Bitci, that’s another platform that offers fan tokens. And guess what, I’m looking into a few of these fan tokens because they’re pumping, you can see the numbers here they’ve done very well over the course of this last week when the rest of the crypto market has kind of been either flat, maybe a little bit down, they’re up. They will probably continue to do pretty well.
In the short term, it’s pretty reasonable to assume that they’re also going to pick up again during the World Cup and Argentina on Socios. They had a pretty good run early in October. If they perform well during the World Cup. It will be bingo. It’s all based on performance, of course, but there’s a good possibility there. They were already up by 9%. Then on Bitci, we have Peru’s fan token with a 29% price increase, the Spanish fan token that increased 17%, nd Brazil which is one of the favourites to win they went up recently by 12%.
Keep your eyes on Chiliz. And of course the token si Hz and all the national fan tokens of teams that are going to play in Qatar, I’m gonna buy now and probably sell during the tournament. I’m not a European football fan by any means. I’d rather watch paint dry personally, but I think there’s a good opportunity here given that I’m pretty involved in the crypto space right? If you are involved in the World Cup if you’re a fan let us know who you’re rooting for in the World Cup. Do you feel like you’re going to be investing perhaps in their team fan token? Let us know guys in the comments below.
Efinity
Alright, at coin number five is a very familiar favorite of ours. It is Definity, whose ticker is EFI. We love them for a lot of different reasons. I talked recently about EFI. Just a few days ago, that was the same article that also featured IMX check it out once again if you’ve not already.
When it comes to EFI we have some important upcoming events. So they have a token unlock event that’s coming up very quickly on the 4th of November. So, another 15% of their token supply is going to unlock leaving only 15% after that to unlock.
I expect once more a dip in the EFI price candidly, but that’s going to be a great moment to buy into it and get EFI at a reduced price. Currently Effinity token EFI sits at 11.3 cents.
Moonbeam
All right and finally last on our list this project is not a stranger to anybody that follows the channel we have Moonbeam, ticker glimmer GLMR rounding out our selections here at number six. It’s one of my favorite tokens. I’m pretty candid about this and they also have a token unlocked that’s coming up on the 11th of November just about a week or so ago I talked about GLMR check out the article.
They are going to be unlocking over 21 million GLMR over $10 million worth however, this is only 2.16 Maybe 2.17% of their total supply. The GLMR token now has less than 40% still locked, and with a current price of about 47 cents expect this to drop as well.
However, the good news which is kind of the theme of this article is that it will allow for discounted shopping. GLMR’s all time high to keep in mind was $19.50. That was less than a year ago that was 10 months ago. If it goes back up to that point alone, that’s a 42x.
Let me know guys if you think GLMR has the capacity to return to its all time high, perhaps even to blow by that. I think so long term. This is one that we’re big fans of.
There you go six coins six great projects to look out for in November several of which have an unlock event coming up. IMX, EFI, and GLMR these are great moments to buy, but we expect to be a dip, we are anticipating a dip.
Then the Aptos ecosystem is really blowing up. It’s a good moment to explore and look for good projects. And we have the biggest sporting event ever in the form of the World Cup in Qatar, which is something to look forward to as not only crypto enthusiast, but sports fans as well and really the convergence of those two areas. Thus we’re feeling pretty bullish about great crypto projects like Algorand, which are main sponsors of the event and other related football projects like Chiliz, or their fan tokens. These can probably ride the World Cup enthusiasm, that whole wave as well.
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