Coin Race: Top Winners/Losers of November, Top 10 Back in Red
The green-ess was short-lived for the majority of the market, as is so commonly the case. The comparison between November and October proves once again how quickly the color of the crypto market changes. Bitcoin (BTC) too failed to see a rise in its price for the month of November. And though there are certainly coins that saw their prices appreciate, generally speaking the overall rise is lower compared to the month prior. The rise of many is double-digit, but so is the fall of many coins on our list that evaluates performance of the top 50 coins. We are in the last month of 2019, and will have to wait for the first day of 2020 to see if the market takes another turn for the green.
Source: iStock/SpiffyJ
Top 10 coins
Quite often the color of the top 10 coins tells us what to expect from the entire market. This list was almost entirely red in September, then entirely green in October, and November was back to all red to nobody’s surprise. Not a single coin (leaving stablecoin Tether (USDT) aside) ended up in the positive at the end of the month, and all saw a double-digit drop. BTC fell almost 21%, but most other coins fell between 20% and 26% as well. Ripple (XRP) saw the largest drop, but others are very close. The least to fall are EOS (EOS) with 18.89% and Stellar (XLM) with 13.19%.
Source: Coincodex, December 1, 09:11 UTC
Top 10 winners
Despite the many minuses seen on the lists today, about 12 were green coins, out of which we’ve got our 10 winners for the last month. Number one coin in November by far was Seele (SEELE), and it was the only one to see a triple-digit rise of almost 128%. The distant second place is taken by Synthetix (SNX), which appreciated 50.11%. The remaining coins on the list saw respective rises between 20% and 45%, with the least to appreciate being Algorand (ALGO) with 16.23%.
Source: Coincodex, December 1, 09:11 UTC
Top 10 losers
Now looking at the red coins on the top 50 list, we see our top 10 losers quite near in numbers to one another. ABBC Coin (ABBC) fell the most, with 32.44%, but all other coins on the list each saw a drop between 25% and 29%. One of the top 10 coins made this list this time around, which is not very common: XRP took the 10th spot, as the one that dropped the least among those that dropped the most.
Source: Coincodex, December 1, 09:11 UTC
Winners & losers from the top 100/200
Moving away from the top 50 and focusing on the list of 100 coins by market capitalization now, we find c. quarter of the top 100 list in green. Number one spot is occupied by Everus (EVR), which saw an astounding rise of 1,034.48% in November. Our top 10 winner, SEELE is in the second place, while Matic Network (MATIC) takes the third with a 92.18% rise. Another top 10 winner, VeChain (VET), that also rallied today, is right behind it. The coin that fell the most in this category is KuCoin Shares (KCS) with -37.66%, though ten other coins that follow it are also experienced the above -30% tumble.
The situation changes slightly in the top 200 coins by market capitalization category. EVR remains in the first place, but is now followed by Streamr (DATA) and then SEELE closely behind it, as well as MATIC and VET. The coin that was a winner in this category this time last year, Odem (ODEM), is the worst performer on this list now with a drop of 48.69%, followed by Dent (DENT) that fell 44.92%.