Altcoins Surge in November: ICP, FIL, FET, NEAR, and RTX Post Massive Gains

yesterday / 10:22

The cryptocurrency market showed signs of easing on Saturday, with a slight 3.52% increase nudging the total market capitalization to $3.44 trillion. Amid this recovery, investors are flocking to high-performing altcoins, driven by renewed optimism from on-chain data and specific project developments.

Internet Computer (ICP) has entered a bullish phase, with its price rallying to $8.677, marking an impressive 155% gain in just seven days. This surge follows an influx of smart contract deployments and network upgrades that improved transaction speed and interoperability. Analysts note that ICP broke a two-year resistance line and could target $13.45 if momentum holds, signaling a strong shift in trend.

Filecoin (FIL) exploded by 100% within 24 hours, reaching $2.29 from $1.30, fueled by increased demand for decentralized storage and speculation about institutional integrations in the Web3 data economy. Long-term predictions suggest FIL could reach $190, supported by partnerships with entities like MIT and Solana, and a falling wedge pattern indicating potential for further gains.

Fetch.ai (FET) climbed over 60% in a single day, driven by the rising adoption of Artificial Superintelligence (ASI) and blockchain-AI hybrids. FET's real-world use cases in optimizing logistics, energy, and finance operations globally are key factors behind its strength, with analysts viewing it as a top altcoin for exposure to technological disruption.

NEAR Protocol (NEAR) surged 39.53% to around $2.79, with trading volumes exceeding $1.3 billion. Enhanced cross-chain interoperability and user experience, along with Binance's integration of on-chain data, have boosted investor confidence. Bullish predictions target up to $5.82, supported by active wallet growth and developer engagement.

Remittix (RTX) is seeing consistent retail inflows, with its utility-driven model offering low-cost, instant crypto-to-bank transfers in over 30 currencies. Having raised over $28 million and distributed 684 million tokens, RTX is ranked #1 by CertiK for security, with listings on BitMart and LBank to boost liquidity. Its addressable market is projected at $190 trillion annually, positioning it as a leader in the PayFi trend.