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<ul class="news-points"> 
 <li>November crypto fundraising surpasses $1.67 billion, a 387% increase from October.</li> 
 <li>111 projects secured investments, slightly down from the previous month’s 112. </li> 
 <li>The top 10 fundraising rounds accumulated $634.6 million, 38% of all VC investments. </li> 
</ul> 
The latest Crypto Fundraising report by CryptoRank shows a <a href="https://twitter.com/CryptoRank_io/status/1732091280195191289" target="_blank" rel="nofollow">remarkable rebound</a> in November, surpassing more than $1.67 billion in investments, marking a 387% increase from October. The month witnessed 111 projects securing investments, a slight decrease from the <a href="https://coinedition.com/cryptorank-presents-crypto-fundraising-recap-october-2023/">previous month’s 112 deals, which amounted to $430 million</a>. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/EUGmWW18ydKVJAjkGIwj4akRujhndVfheGhV3n5RE8ub_De8gcipclzour0Jp8qWRvJjsZW2K2MR6MTIfUumjhs-TAQlbbl4PQAOsxRyPrQObRONHED58hHw8cEwHziXz_mT4DFfKKTBaS9kitEProM" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 Crypto Fundraising Trend from June to November (Source: <a href="https://cryptorank.io/funding-analytics" target="_blank" rel="nofollow">CryptoRank</a>)
 </figcaption>
 </figure>
</div> 
This surge, according to Crypto Rank, signals a bullish market trend with potential growth. This aligns with the anticipation of increased fundraising activity due to the recent price rally and the potential approval of a Bitcoin ETF. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/RsSGY1fH2N8sgAW68I3oNpvg_8RGYTnD8_GVzMPM5WssggBQLh5srXudNaItxSQWpkivLbhZ5rST3SMd-F6PWs9yEYdRFrBE8QtL-m-CPDyDDAZAMDbwgFsbrApiAVj_MjvYwgQ-wolOWVlEnk_bEWQ" alt="" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 Fundraising by Category in November (Source: <a href="https://cryptorank.io/funding-analytics" target="_blank" rel="nofollow">CryptoRank</a>)
 </figcaption>
 </figure>
</div> 
Based on the chart, Blockchain Service emerged as the most popular category, with 37 rounds. It was followed by DeFi with 17 rounds and Social with 14 rounds. Last month, Blockchain Service and DeFi received the highest funding. 
The <a href="https://twitter.com/CryptoRank_VCs/status/1730585761504760139" target="_blank" rel="nofollow">top…</a>
The post <a href="https://coinedition.com/crypto-fundraising-in-november-hits-1-67b-top-10-projects-accumulate-634-6m/">Crypto Fundraising in November Hits $1.67B, Top 10 Projects Accumulate $634.6M</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Crypto Fundraising in November Hits $1.67B, Top 10 Projects Accumulate $634.6M

Coin Edition

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