November was a month full of ups and downs. The total cryptocurrency market capitalization remained flat at around .65 trillion, but Bitcoin’s price is down a little more than 6% throughout the same period. This means that altcoins stepped up, which can also be confirmed by the declining BTC dominance. Bitcoin’s share relative to that of the entire market is down about 3% in a month. With this in mind, we’ve decided to take a look at the top 10 best-performing cryptocurrencies from the top 100 projects by means of total market capitalization. 10. WAX (WAXP) Data from TradingView reveals that WAX opened November’s candle at %excerpt%.407 and closed it at %excerpt%.68 for a total increase of 67%. It was a rollercoaster month for the cryptocurrency, which peaked at just slightly below
Topics:
George Georgiev considers the following as important: CROBTC, CROUSD, featured1, social
This could be interesting, too:
Jordan Lyanchev writes Double-Digit Price Surges From These Altcoins as BTC Was Stopped Before 0K (Weekend Watch)
Jordan Lyanchev writes Bitcoin’s Peak Above K, Ripple’s Price Explosion, Meme Coin Madness: Your Weekly Crypto Recap
Jordan Lyanchev writes BTC Price Explodes to K Despite Bitcoin Miners Reportedly Taking Profit
Jordan Lyanchev writes Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes K (Weekend Watch)
November was a month full of ups and downs. The total cryptocurrency market capitalization remained flat at around $2.65 trillion, but Bitcoin’s price is down a little more than 6% throughout the same period.
This means that altcoins stepped up, which can also be confirmed by the declining BTC dominance. Bitcoin’s share relative to that of the entire market is down about 3% in a month.
With this in mind, we’ve decided to take a look at the top 10 best-performing cryptocurrencies from the top 100 projects by means of total market capitalization.
10. WAX (WAXP)
Data from TradingView reveals that WAX opened November’s candle at $0.407 and closed it at $0.68 for a total increase of 67%. It was a rollercoaster month for the cryptocurrency, which peaked at just slightly below $1.
WAX is a blockchain project released in 2017, and it’s designed to make e-commerce transactions faster and safer for everyone involved.
9. Voyager Token (VGX)
Voyager Token is up a considerable 83% in the past 30 days and is currently trading at $5, up another 20% for the past 24 hours alone.
Interestingly enough, VGX is one of the tokens that reached their all-time high level during the ICO peak in 2017 – its ATH sits at $10 – exactly 100% from where it’s currently trading at.
The core concept behind the Voyager Token is to provide cryptocurrency brokerage services to investors through a secure access point when it comes to trading. It’s built towards both retail and institutional investors.
8. Avalanche (AVAX)
Avalanche is undoubtedly one of the hottest projects throughout the past couple of months, not just in November. Many in the industry are praising it for the quick transactions and scalability, even though the network experienced a huge load that it couldn’t immediately handle, and the project’s CEO asked the community for understanding as it was the first time something of this kind happened to them.
In any case, the hype around Avalanche’s growing ecosystem also had a positive effect on its price, which is up 90% in the past 30 days.
The coin painted a fresh all-time high at $146.22 and is currently trading 14% below it for total gains of 90% in the past month.
7. Livepeer (LPT)
Livepeer is an open-source protocol and aims to become an economically efficient alternative to some of the existing centralized solutions when it comes to broadcasting.
In November, the project saw considerable growth in terms of market cap as its LPT token is up just over 100%. At the time of this writing, LPT is changing hands at $53.25 for a 2% daily loss.
Its all-time high came on November 9th, 2021, and it stands at $100.24, meaning that it’s currently trading 47% below it.
6. IoTeX (IOTX)
IoTeX has the purpose of empowering open economics for machines and, in a sense, creating an ecosystem where users and machines can interact through free will, guaranteed trust, and under proper incentives.
Its native token, IOTX, is up 122% in a month, and it currently sits at $0.1561 with a total market capitalization of almost $1.5 billion.
IOTX’s all-time high also came on November 13th, when it peaked at $0.2611, meaning it’s trading at around 40% below that.
5. Kadena (KDA)
Kadena has grown to be the 65th largest project with a total market cap of about $2.7 billion. This comes after a month filled with excitement which saw the cryptocurrency increase in value by more than 150%.
At the time of this writing, it’s trading at around $17. It managed to hit an all-time high on November 11th this year – at $28.25, according to CoinMarketCap.
4. The Sandbox (SAND)
The Sandbox is also one of the most commonly discussed projects in November, and it came to prominence largely thanks to the massive hype around play-to-earn and metaverse projects.
Thanks to this, it has become one of the biggest projects in the industry and even managed to chart a new all-time high at $8.51. It is trading 23% below this point at the time of this writing, but it’s still up 203% in the past month.
3. CryptoCom Coin (CRO)
CryptoCom was the large-cap that took the market by storm in November. It’s up a whopping 260% during the month, and it is currently changing hands at $0.76.
It peaked at $0.97, which is also the current all-time high level of the cryptocurrency. The epic run in November was seemingly propelled by the $700 million deal the company struck with the famous Staples Center in Los Angeles. The venue, which is also home to the LA Lakers, will be renamed to CryptoCom Arena.
2. Loopring (LRC)
Loopring’s LRC is up more than 270% in the past 30 days. It is currently trading at around $2.8, and its all-time high was reached on November 10th – at $3.83.
LRC is an ERC20 token, and it underpins the Loopring protocol, which is designed to build decentralized cryptocurrency exchanges.
1. Gala (GALA)
The absolute winner and top performer during November from the top 100 cryptocurrencies by market cap is none other but GALA.
It’s up almost 600% in the past 30 days and sits on a market capitalization of $4.4 billion on the 44th spot. At the time of this writing, GALA trades at $0.63, whereas its all-time high was achieved just a few days ago, on November 26th, at $0.83. It’s interesting to see if the cryptocurrency will take another shot at it any time soon.
