Let’s look at the month-end price predictions for cryptocurrencies like Dogecoin, Litecoin, and Ripple.
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Moreover, delving into betting opportunities within the cryptocurrency space and considering its future can be fascinating.
This avenue might spark optimism and the possibility of financial gains. Let’s take a look at some unconventional markets that are currently available.
Dogecoin end of November
The first market we will explore is the end of November price for Dogecoin.
Dogecoin End of November | |||
Over 36.5 cents | -120 | -120 | -120 |
Under 36.5 cents | -120 | -120 | -120 |
Over the past week, Dogecoin has experienced a 95% rise, currently trading at .38 cents. This is above the oddsmaker’s target of 36.5 cents.
Let’s evaluate this performance this year before deciding whether to short Dogecoin or invest further.
Dogecoin has seen remarkable growth in the last month. There has been an increase of 245% in the past month.
When we look at it’s year-to-date performance, the positive trend continues. Throughout 2024, Dogecoin has seen a ton of growth, with a surge of more than 300%, increasing .29 cents in value per coin.
JUST IN: Dogecoin $DOGE rises 47% in the past 24 hours, surpassing a $61 billion market cap.
— Watcher.Guru (@WatcherGuru) November 12, 2024
Dogecoin has been red-hot this month and has shown no signs of decline. Oddsmakers are offering the exact same odds on both sides of this prop.
I would bet over 36.5 cents at -120 odds, because Dogecoin continues to climb and looks like it will easily end the month of November over that total.
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Litecoin end of November
The next cryptocurrency market we will explore is Litecoin.
Litecoin End of November | |||
Over $80.50 | -120 | -120 | -120 |
Under $80.50 | -120 | -120 | -120 |
Before we decide if it’s worth investing in, let’s discuss what Litecoin is. Litecoin is a digital currency that was established in 2011, following Bitcoin by two years, and created by Charlie Lee, a former engineer at Google.
While it has some similarities to Bitcoin, it operates on a different algorithm. The primary aim of Litecoin is to serve as a medium for everyday transactions. Additionally, it boasts a quicker transaction processing speed compared to Bitcoin.
Now that we understand what Litecoin is, let’s discuss if it’s worth betting on. Oddsmakers have set a price of $80.50 for the cryprocurrency with identical -120 odds on both sides of the prop.
The balance held by short-term $LTC holders is moving up, increasing by 31% in the last month.
These spikes happen relatively frequently, usually occurring around bottoms or before major spikes in price. pic.twitter.com/yNeNDkpb9U
— IntoTheBlock (@intotheblock) November 12, 2024
Litecoin has been on the rise in the past week. There has been a 9.21% increase for Litecoin the past 5 days. The increase has been a gain of over $6 per coin.
In addition to the past week, the past month has also been a good one for Litecoin. It has increased 19.85% the past month, adding over $12 per coin.
Although, Litecoin has been on the rise the past month, the past six months tell a different story. In the past six months, there has been a slight decline of 3%. The value has dipped about $4 in the past six months.
The price point of $80.50 for Litecoin is a sharp one by oddsmakers. This past year, Litecoin has only exceeded this number for a few weeks. It’s currently trading at just over $78.
It appears that our market is in a crypto surge right now and Litecoin is another beneficiary of this. I would bet over $80.50 at -120 odds for the end of November price for Litecoin.
Ripple end of November
Last we will discuss the cryptocurrency Ripple.
Ripple end of November | |||
Over 66.5 cents | -120 | -120 | -120 |
Under 66.5 cents | -120 | -120 | -120 |
The first thing we need to do is determine what Ripple is. Ripple is a digital payments platform and protocol established in 2012 by Chris Larsen and Jed McCaleb.
It utilizes XRP as its primary cryptocurrency, which facilitates quick and affordable international money transfers and currency conversions.
Ripple primarily targets banks and financial institutions, aiming to modernize and enhance conventional cross-border payment systems such as SWIFT.
Ripple's University Blockchain Research Initiative (#UBRI) is transforming academia: 1200+ research projects, 850 courses, 900 on-campus events, and 90 #XRPL projects.
Inspiring students to innovate and build the future of blockchain.
And we’re just getting started:… pic.twitter.com/dqMTpn0Q4D
— Ripple (@Ripple) November 8, 2024
Oddsmakers have set a price point of 66.5 cents for the total of Ripple with the exact same -120 odds on both sides of the prop. To determine how we should bet on Ripple, let’s see how it’s performed this year.
In the last week Ripple has seen an incredible 30% increase. It’s currently trading at 72 cents a coin. The past month has been even better for Ripple. It’s up 34% the past month.
Looking at it the past six months only provides more evidence about the cryptocurrency heading in the right direction. Ripple is up over 46% the past six months.
I would bet Over 66.5 cents at -120 odds for the end of November price of Ripple.
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