The cryptocurrency market continues to wobble amid stubbornly negative sentiment, with the Crypto Fear & Greed Index at a very low 12 (‘Extreme Fear’) today.
Prices haven’t moved much in the past 24 hours, although Bitcoin and Ethereum have just dipped by 1% in the last hour.
Given the overriding mood, it’s likely that prices will fall a little further before making a sustained recovery, yet fundamentals remain strong, particularly as the market awaits altcoin ETF launches.
And there are also new altcoins which are showing lots of potential for rallies in the future, with mine-to-earn token PEPENODE ($PEPENODE) gaining lots of steam in its presale.
In this article, we’ll unpack its features and explain why we think it’s the best altcoin coin to buy during the current downturn.
Best Altcoin Coin to Buy During the Crypto Crash – 24 November
PEPENODE launched its sale a couple of months ago, and has now raised a total of $2.18 million, with this figure still rising daily.
Its appeal resides with its plans to launch a mine-to-earn platform, which is going to be a first for crypto.
Its platform enables users to build and run their own virtual mining rigs, giving them the opportunity to mine without having to invest in expensive mining hardware.
Instead, users can grow their rigs by spending PEPENODE on new virtual nodes, with more nodes resulting in greater rewards.
As an incentive, PEPENODE will pay out mining rewards in external coins, such as Pepe and Fartcoin, while more coins will come at later dates.
What’s bullish about this is that it provides a strong motivation to buy more PEPENODE, so as to increase your node count and, by extension, your rewards.
As such, we could see PEPENODE’s price rise steadily over time, while users will also have the option to sell their nodes on to other users.
Staking will also play a role in this dynamic, given that holders of the new altcoin will be able to earn a passive income from it.
In fact, it’s currently paying out a yield of 590% APY, making it one of the most lucrative staking coins around.
How to Buy PEPENODE Before Its Presale Ends
These features are the main reason why PEPENODE is the best altcoin coin to buy at the moment, particularly if traders want to make a quick profit during a bear market.
It will list on exchanges once its presale ends, while newcomers can join this sale by going to the coin’s official website.
There, they can connect a compatible wallet (e.g. Best Wallet) and buy their desired amount of PEPENODE, using ETH, USDT, BNB or fiat currency.
The token is currently available at a price of $0.0011638, but this will rise again in two days.
And it will continue to rise regularly until the sale ends, so interested investors should act quickly.
Visit the Official Pepenode Website Here
The post Best Altcoin Coin to Buy During the Crypto Crash – 24 November appeared first on Cryptonews.
