Post
Topic
Board Speculation (Altcoins)
Re: What do you think November will be for alts?
by
aubert
on 16/11/2021, 05:48:05 UTC
What do you think about it? What can significantly affect the price?
It's not a good project but still worth to be speculated. The correction that happened in bitcoin already given significant impact to the price of DOT. If bitcoin goes down even more and dot will be doing the same like that.

Also, I would like to see your predictions for the altcoin market for November, which altcoin do you believe in and what fundamentals can drive growth?
Depends on bitcoin. The bitcoin market is still unpredictable. I do believe new ath will come but it may take a few weeks from now. some useful altcoins  will be growing.

I have visited the checkdot website and the project on the security aspect to verify the security of a project, I have also noticed the price movement of this CDT, the presale price was around $0.06 and reached $1 at the time of listing on PCS, but currently the price is only around $0.3. For the alt season, hopefully it will happen in November.

Going back to the bottom again https://coinmarketcap.com/currencies/checkdot/markets/

This time bitcoin is facing another correction but i guess that this to liquiduidate so many long players. It seems like that this month would not be good for crypto as the correction may bring crypto to go down again like what happened last months.

Dumping from $1 to the almost 20 cents was the worst thing that i have ever seen these days. it's quite similar like rug pull.