In November, the victory of crypto-friendly candidate Donald Trump led to renewed bullish momentum for several top-performing altcoins. Toncoin (TON), Shiba Inu (SHIB), and Aureal One (DLUME) are three cryptocurrencies that stand out as potential investments for a 5X return. Toncoin, the cryptocurrency associated with the Telegram messaging app, has shown high performance in 2024, despite a 36% decrease from $8.17 to $5.29.
The reduced supply on exchanges indicates investors are holding their assets in private wallets, projecting confidence in TON’s future growth. Shiba Inu, one of the top memecoins, shows potential for a major reversal amid whale accumulation and an inverted head and shoulder formation. The increased accumulation from large holders indicates confidence in Shiba Inu’s long-term potential.
Aureal One is a blockchain project focused on high-performance Web3 gaming and metaverse services. Its presale raised over $100,000, and its scalable and efficient infrastructure positions DLUME for strong growth as demand for Web3 increases. Investors looking for cryptos with potential for significant short-term gains may consider Toncoin (TON), Shiba Inu (SHIB), and Aureal One (DLUME) as they have the potential to drive a 5X rally in November.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.