Top 3 Hot Cryptocurrencies for NovembersteemCreated with Sketch.

in #money8 years ago (edited)

I've been looking into some cryptocurrencies to invest in this month, and I have found a few of them that are looking very HOTfor this month. Let me share my ideas with you!


1) Peerplays


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It's a fairly new crypto-token, I think it came out in May, but it has been rapidly rising in importance in the crypto community. There are only 1 million coins, and it's hosted on the Bitshares platform. It is basically a blockchain based gambling platform.
I have been talking about gambling as the strongpoint of cryptocurrencies, and we can see that they are capitalizing on this. The price just rose +10.6% recently, and I think there is more to come here. Definitely worth keeping an eye on.



2) Clam


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Clams is a pretty classic coin, that has been through a lot, but the thing I like about it is the scarcity. If we want the price to go up, we want it to have a scarce supply. Clam was issued to Bitcoin addresses prior to 2014 I believe, so only those that held an address with coins on it were issued Clam. And people have already searched for their old addresses, and most of it that was upfront was already claimed so the inflation of Clam is pretty thin. Recently made a +6.63% return, and it could make even more soon. It pretty much hit the bottom recently, and with low inflation, I think it can only go higher. Definitely worth looking into. I am already an investor in it for 2 months, and though the price went down, I haven't really lost money because I keep my CLAMS invested in Justdice Casino Investment, so it's pretty much protected against price decrease.



3) CasinoCoin


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Yet another casino coin, it has been making nice profits recently, going up, and it's not even on Bittrex or Poloniex, so it probably has a lot more room to go up. I think it's good for a short term trade, but I would not hold it for more than a few weeks, I would definitely wait for it to be added on major exchanges and then sell it. But that is just how I would invest in it, and I already did yesterday.


Disclaimer: The information provided on this page might be incorrect. I am not responsible if you lose money using the information on this page! This is not an investment advice, just my opinion and analysis for educational purposes.



Upvote, ReSteem & bluebutton


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Oops, a small mistake, I meant to say top 3 coins, not top 5.

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