We bring you another part of the series, where we are looking for interesting cryptocurrencies with the potential to make a great evaluation. This time we will look at coins that will have a strong foundation and growth potential in November. Cryptocurrencies as ETH or Polkadot they bring several important foundations next month.
Polkadot – Parachain auctions
Polkadot has finally announced the launch date of the parachain auctions. The start is expected to start on November 11, 2021. However, the date may change. The new auction process will allocate network building slots to the project. Parachains are already running very successfully on sister cryptocurrency Kusama.
Parachain actions will allow developers to build their own dApps. The whole network is divided into:
Relay Chain – the main network where transactions are finalized.
Parachain – own blockchain anchored in the transmission chain.
dYdX – Profit potential
dYdX is a relatively new crypto exchange, which is also tied to its own coin dYdX. The goal of dYdX is to bring users around the world decentralized way of trading on the principle of spot trading. The exchange also offers stop loss and limit order options. No other competing DeFi exchange has offered something similar to such an extent. Lovers of the DeFi world have finally experienced a full-fledged DEX trading exchange. dYdX also offers a liquidity pool and other ways to earn.
ETH – may surprise
Each quality portfolio should have quality cryptocurrencies such as ETH or BTC. It is ETH that has undergone major changes in the last 12 months. Even yesterday came Altair update, which again brings the full transition to the new version 2.0 a step further. A possible complete transition to the new version may completely change the crypto world, as most coins are on the ETH network.