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<p>Even with the ongoing crypto winter, this month started off on a high  note as most altcoins recovered. In this article, we shall look into  the most promising altcoins to watch out for in November 2022 based on  the price since the market started. Let&#39;s get into it.</p><h3 id="fantom-ftm">Fantom (FTM)</h3><p>The Fantom platform is a directed acyclic graph (DAG) smart contract  that enables developers to provide decentralized finance services. It  utilizes a customized consensus algorithm to ensure that transactions  are performed efficiently. Unlike other blockchains, its core technology  allows it to perform more complex transactions and lower costs.</p><p>The ability to build a blockchain ecosystem has made it easier for  developers to contribute to developing the protocol. In the past week,  FTM has gained 20.86% and is trading at $0.2631.</p><h3 id="choise-com-cho">Choise.com (CHO)</h3><p><a href="https://choise.com/interest-accounts?utm_source&#61;article&amp;utm_medium&#61;pr&amp;utm_campaign&#61;all%7C-pr_altcoins_in_nov-%7Cmob_ia%7Cperf_006&amp;utm_content&#61;&amp;utm_term&#61;%7C" rel="noopener noreferrer nofollow">Choise.com</a> is an earning marketplace that brings together the best-in-class CeFi  and DeFi services. This combination is possible thanks to the unique  in-house platform Charism. The Choise.com token (CHO) is designed to  provide users with the platform&#39;s advantages such as higher APY of  interest accounts. Users can open interest accounts in DAI, USDT, USDC,  and CHO and receive up to 16% APY.</p><p>In the past week, the price of CHO increased. <a href="https://coincodex.com/crypto/choise/?period&#61;YTD" rel="noopener noreferrer nofollow">Data from CoinCodex</a> illustrates that CHO is the most consistent token out of these profiled  coins, with an increase of around 57% in the Year-To-Date (YTD) period.</p><h3 id="chiliz-chz">Chiliz (CHZ)</h3><p>Chiliz (CHZ) is a leading digital currency for sports and  entertainment. It helps sports organizations and other entities to  monetize their audience. CHZ is also used to purchase and exchange fan  tokens on the Socios.com platform.</p><p>Although the price of CHZ has been rising, it is not yet clear if the  positive turnaround has been confirmed. The daily chart shows the  relative strength index (RSI) at 49 showing that it is neither oversold  or overbought showing that its price is steady. Over the past three  months, CHZ has gained over 25% and is at the time of writing it is  trading at $0.1927. The rise can be attributed to the upcoming FIFA  World Cup, being a fan token.</p><h3 id="dogecoin-doge">Dogecoin (DOGE)</h3><p>Dogecoin (DOGE) is a cryptocurrency that came about in 2013 due to  the popular &#34;doge&#34; Internet meme. This coin is mostly used for tipping  systems on Reddit and Twitter whereby users can reward content creators.  In addition, it is used as a tip on Dogecoin faucet which is a website  that gives new users free DOGE as an introduction to the currency.</p><p>Its top supporter, Elon Musk, recently acquired Twitter which has  given fresh wind in the sails of DOGE. When he tweeted &#34;the bird is  freed,&#34; to announce the new ownership on Oct. 27, the price was at  $0.07. Within five days, it reached $0.16, a rise of over 56%.</p><h3 id="merit-circle-mc">Merit Circle (MC)</h3><p>Through Merit Circle&#39;s play-to-win program, gamers can earn  scholarships by borrowing non-fungible tokens, which they can use to  enter the game. The players then have to send back a portion of their  earnings.</p><p>As November 4 came around, MC rose by 6% from the week before to  trade at 0.78. Even though the crypto is undergoing a correction and it  is at $0.51 during the time of writing, the daily RSI is near oversold  levels. It is a strong indication that the upward trend is likely to  continue.</p><h2 id="header-0">Conclusion</h2><p>The crypto market is currently in a crypto winter, and the prices are  expected to go lower as the year ends next month. According to <a href="https://www.coalexander.com/" rel="noopener noreferrer nofollow">Carol Alexander</a>,  a finance professor at Sussex University, Bitcoin might even drop to  around $10,000 in 2022. That would represent a significant decline from  its recent gains.</p><p>The five cryptocurrencies above have been resilient and are expected  to continue growing this month. With the growth being inked, they are  well-positioned to take on more significant roles in the future.</p><p>Read full article: <a href="" rel="noopener noreferrer nofollow">https://coincodex.com/article/21034/top-5-altcoins-to-watch-out-for-in-november-2022/</a></p>

Coincodex.com: Top 5 Altcoins to Watch Out for in November 2022

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