What do you think of CheckDot?
The CheckDot platform has its own CDT token
Yesterday I read about the development of a platform for checking blockchain projects CheckDot.
Topic: What do you think November will be for alts? - page 3. (Read 415 times)
How many times you're going to talk about that dot project? you're not giving any feedback from the other people that replied on this thread.
Times for altcoins are when
- Bitcoin is side way after a big correction
- Bitcoin is side way after a big break-out
It is very likely we are in the second scenario with a correction of Bitcoin. Altcoins can not shine now and they need to wait for the completion of Bitcoin correction. After the correction, if Bitcoin goes with a side way, altcoins will have their shows.
- Bitcoin is side way after a big correction
- Bitcoin is side way after a big break-out
It is very likely we are in the second scenario with a correction of Bitcoin. Altcoins can not shine now and they need to wait for the completion of Bitcoin correction. After the correction, if Bitcoin goes with a side way, altcoins will have their shows.
What do you think about it? What can significantly affect the price? Also, I would like to see your predictions for the altcoin market for November.
There are many factors that contribute to the price volatility of crypto asset.- Demand.
One of the reasons for the increase in the price of crypto assets are the increase in the amount of demand in the market.
- Adopt in the real world.
by being adopted into real life, demand will increase and of course trigger price increases.
- Miner production cost.
The cost of mining is one of the determining factors for rising prices.
- Regulation.
When cryptocurrencies enter the mainstream of a country financial system, then the country can intervene which of course can affect the price of coins globally.
- Influence, whale, important figures and news.
just like what Elon Musk did, with just one tweet, can inflate the price of the coin mentioned in his tweet, as Doge and Shiba experienced.
In addition, news about cryptocurrency around the world can also affect the price of the coin, for example a country officially recognizes cryptocurrency as a means of payment. Then the price can go up.
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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.
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.
For me, as Bitcoin will not dump, Bitcoin will stay sideways or Bitcoin will continue to pump, for sure that's the time altcoins can make their move.
But we should still be aware of Bitcoin dominance because Bitcoin could rekt these altcoins once Bitcoin dominance will increase especially when Bitcoin dominance will able to reach 50%.
With these NFT, DeFi, meme coins trends. They can be triggered for some altcoins but I don't believe it will stay for the long term (the altcoin moves). Since Bitcoin could be ready to explode to create another new all-time high.
But we should still be aware of Bitcoin dominance because Bitcoin could rekt these altcoins once Bitcoin dominance will increase especially when Bitcoin dominance will able to reach 50%.
With these NFT, DeFi, meme coins trends. They can be triggered for some altcoins but I don't believe it will stay for the long term (the altcoin moves). Since Bitcoin could be ready to explode to create another new all-time high.
I always thought it would be crashy. And i have planned for it, but still, there's this feeling in the back of my head that this cycle is different in terms of lenght. If that's the case, we will see bullrun and crash like no other. And i am talking about kind of hype that history books will write about.
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?
I don't know about CheckDot maybe it's the best in your opinion but I didn't analyze it and pay attention to this project in detail and for sure we can't determine which altcoin will grow with strong fundamentals.However, what I noticed is that the current altcoin is RACA, which has strong fundamentals by encouraging the growth they are doing, so I'm sure in November the price can reach $0.02, that's my target but at the end of the year it's the right target for taking profits.
Raca has been one of the pioneers of altcoins in the market right now. It is a coin that has been trending for days and is constantly on the rise. They are very up-to-date in the team and sharing with the community. Raja has good prospects. The target you say is not a very distant target, if the market does not turn red, it will continue to rise after this accumulation.
November had many events notable for the entire cryptocurrency market, but still, I'm kinda not sure what's going to be next. Now I am closely watching the process of public sale and development of CheckDot platform. I have high expectations for this project. What do you think about it? What can significantly affect the price? 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?
I don't think November will be the best month for altcoin price increases. On the contrary, I think alt prices will drop a bit in November and it could be a good time for shopping. It all depends on when the Bitcoin bull run starts, but in my opinion it is more likely in December than in November.
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?
I don't know about CheckDot maybe it's the best in your opinion but I didn't analyze it and pay attention to this project in detail and for sure we can't determine which altcoin will grow with strong fundamentals.However, what I noticed is that the current altcoin is RACA, which has strong fundamentals by encouraging the growth they are doing, so I'm sure in November the price can reach $0.02, that's my target but at the end of the year it's the right target for taking profits.
November had many events notable for the entire cryptocurrency market, but still, I'm kinda not sure what's going to be next. Now I am closely watching the process of public sale and development of CheckDot platform. I have high expectations for this project. What do you think about it? What can significantly affect the price? 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?
What can drive the growth of Altcoins this month is Bitcoin, because Bitcoin can still have a very good influence on all new Altcoins as well as old Altcoins in the market, besides that the influence of the amount of demand and supply in the market can be very significant in terms of its influence.
In my view as a day trader, most of the coins that making good performance last month suddenly making sideways since this month of November start wherein no sign of progress until now. and what i noticed usually most of the top gainer nowadays are those undervalued projects.. So if we were talking which coins is good for this month,, i think what we usually see as a top gainer in CMC or through exchanges because for sure they will become more active as they're gaining more attention as well base on their performance.
November had many events notable for the entire cryptocurrency market, but still, I'm kinda not sure what's going to be next. Now I am closely watching the process of public sale and development of CheckDot platform. I have high expectations for this project. What do you think about it? What can significantly affect the price? 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?
I don't know much about this CheckDot project, but lately there's been a lot of talk about it. But if for altcoins in November I have my own experience for the altcoins that I hold, where the coins I save have experienced a fairly high price increase after last March experienced a price decline which made me choose to keep it until now. And I'm sure this November will lift the price of some altcoins to go up again.
Honestly think it will be epic
As you have noticed, there will be a lot of important event for different projects in November so I think that there will be a lot of successful altcoins. First of all I follow Polkadot and Checkdot. Also I keep my eyes on Placewar that has its listing on gat.io or pancakeswap, Kattana that also launches in November and Boba network that will have its airdrop.
November had many events notable for the entire cryptocurrency market, but still, I'm kinda not sure what's going to be next. Now I am closely watching the process of public sale and development of CheckDot platform. I have high expectations for this project. What do you think about it? What can significantly affect the price? 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?
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