HomeBITCOIN3 Altcoins in November 2023 That Have Potential to Increase Crypto Portfolio...

3 Altcoins in November 2023 That Have Potential to Increase Crypto Portfolio by 100x

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Altcoins have become a popular choice for crypto investors looking to achieve significant gains in the industry, especially with Bitcoin’s impressive growth rate over the past decade. Due to their smaller market caps, many altcoins have a great potential for growth, making them attractive options. Here is a list of the top 3 altcoins that have the potential to increase your crypto portfolio by 100 times in the upcoming bull market, presented in no particular order.

Memecoin (MEME): The New Meme Crypto

Memecoin (MEME) is the latest creation from the 9GAG team. After successfully launching multiple non-fungible token (NFT) projects in the past year, they have now ventured into their own cryptocurrency called MEME.

At first glance, MEME may appear to be just another meme coin in the crypto market with no promises or roadmap. However, it possesses one of the most crucial factors for a project’s success: a strong community.

The official Memecoin Twitter account already has 2.8 million followers, surpassing well-known meme coin players such as Floki Inu and closely following Shiba Inu, which boasts 3.7 million followers. With such immense community support and a market cap of only $180 million, MEME has significant potential for growth during the bull run.

Liquity (LQTY) Joins Altcoins With Potential

Liquity (LQTY) has gained recognition as one of the decentralized finance (DeFi) protocols that offer interest-free borrowing on the Ethereum network. This feature is particularly appealing to investors seeking loans without the burden of hefty interest rates.

During the DeFi summer of 2020 and 2021, these types of protocols became a favorite among investors. Consequently, their native tokens have the potential to soar if a similar trend occurs again.

LQTY token is currently trading below $2 and, like MEME, has a relatively low market cap just above $150 million. This positions it as an altcoin with substantial growth potential, especially in a bull market, ensuring favorable returns for crypto investors.

LQTY price at $1.69 | Source: LQTYUSDT on Tradingview.com

Shiba Inu’s BONE Could Be A Game Changer

For years, the BONE token based on Shiba Inu has remained somewhat under the radar, lacking the notoriety of some of its meme coin counterparts. However, this could change with the introduction of the Shibarium network.

Shibarium is a Layer 2 network built on the Ethereum blockchain, and it utilizes the BONE token as its ecosystem utility token. While many expected SHIB to fulfill this role, the team has clarified that SHIB serves only as a governance token within the network.

As the native token of the Shibarium network, BONE stands to benefit greatly as the network gains widespread adoption. With a current market cap of under $160 million, BONE still has a long way to catch up with its competitors in the space.

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