Follow current coins and the biggest gainers and losers in the cryptocurrency market to remain at the forefront of the activity. Analyse the most significant market movers by rapidly determining which cryptocurrencies have had the greatest price changes over the selected time period. You may choose to analyse the top cryptocurrency gainers and losers in the month of November to further plan your strategies and do your researches. Let’s have a look at the top gainers of November month:
Top 5 Gainers
Gala Games – GALA (+623%)
Gala Games is a centralized place for people to play blockchain games by launching blockchain games you’ll actually want to play. The initiative aims to change the reality that users can spend hundreds of dollars on in-game assets and countless hours playing the game, only to have them withdrawn with the click of a button.
GALA achieved its peak on November 26, 2021, when it was trading at its all-time high. The current GALA price estimate outlook is optimistic. GALA is presently rated 14 in the Ethereum (ERC20) category, 5 in the NFT Tokens sector, and 4 in the Gaming sector in terms of market capitalization. Therefore, giving those tangible assets/rewards from playing games in the form of NFTs and Gala native tokens seems profitable.
Sandbox – SAND (+517%)
The Sandbox is a metaverse that allows people to mint/utilise NFTs to help play virtual reality games and create a virtual reality itself. Based on the principles of the old favourite 90s game the sims, this is where people can connect/socialise with each other in the comfort of their own home.
When it was trading at its all-time high on November 25, 2021, the Sandbox hit its highest price. The current price estimate outlook for The Sandbox is neutral. The Sandbox is presently rated 12 in the Ethereum (ERC20) category, 3 in the NFT Tokens sector, and 3 in the Gaming sector in terms of market capitalisation.
Loopring – LRC (+374%)
Loopring is a blockchain-based project built on ERC20 that allows developers to build their own decentralized exchanges, lowering risk and increasing liquidity. Instead of forcing users to move tokens to exchanges, Loopring allows them to maintain their tokens on the primary blockchain addresses for which they were built. The platform employs a technique known as ring-matching, which divides orders into smaller segments and then distributes them over numerous marketplaces at the same time, determining the ideal moment to trade them for the highest possible return.
Loopring’s underlying technology allows any blockchain with smart contract capability to be interoperable. As a result, ERC20 tokens and other comparable offers may all be exchanged utilising Loopring’s decentralised system.
Loopring hit its peak price on November 10, 2021, when it traded at its all-time high. The current price estimate outlook for Loopring is neutral. Loopring is presently rated 7 in the DeFi Coins category, 6 in the Exchange Tokens sector, and 16 in the Ethereum (ERC20) sector in terms of market capitalisation.
Crypto.com – CRO (+237%)
Crypto.com Coin is the Crypto.com Chain’s native cryptocurrency coin. Crypto.com is a decentralised, open-source blockchain that was created by the Crypto.com payment, trading, and financial services organisation. Crypto.com is an exchange that allows people to purchase, sell, exchange, and hold cryptocurrencies with ease. Partnered with Visa, this company has allowed a debit card to be produced where people are able to spend their cryptocurrencies in daily life.
Crypto.com is a Hong Kong-based corporation that was established in 2016. Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao co-founded it. It raised over $26 million during its initial coin offering (ICO) in 2017 and has since become one of the most popular crypto platforms on the market. CRO tokens are valued because they can be staked on the Crypto.com network. There are several advantages to staking them, including higher interest rates on staked tokens, improved MOC Visa card privileges, Syndicate allocations for discounted crypto on their exchange, and unlocking discounted trading costs on their exchange.
Crypto.com Coin achieved its peak on November 24, 2021, when it was trading at its all-time high. The current Crypto.com Coin price estimate outlook is neutral. Crypto.com Coin is presently placed second in the Ethereum (ERC20) category in terms of market capitalisation.
Decentraland – DMANA (+211%)
Decentraland is a metaverse that allows people to mint/utilise NFTs to help play virtual reality games and create a virtual reality itself. This is where people can connect/socialise with each other in the comfort of their own home. Based on the principles of the old favourite 90s game the sims.
Decentraland hit its peak price on November 25, 2021, when it was trading at an all-time high. The current price estimate outlook for Decentraland is neutral. Decentraland is presently rated 10 in the Ethereum (ERC20) category, 1 in the NFT Tokens sector, and 1 in the Gaming sector in terms of market capitalisation.
Top 5 Losers
Shiba Inu – SHIB (-46%)
Shiba Inu was originally a meme coin that has been brought to the public attention by gaining social tracking via social media sites and quite noticeable Elon musk tweets. This coin has taken a new direction by realising its own DEX exchange called Shiba Swap. SHIBA INU is a community-driven experimental project in which half of the token supply has been blocked and the other half has been transferred to Vitalik Buterin. Shiba Inu ($SHIB) cryptocurrency has been added to the Avalanche Bridge, allowing users to move their SHIB onto the Avalanche blockchain. Its price skyrocketed earlier this year during a retail trading spree.
The current price estimate outlook for the SHIBA INU is unfavourable. SHIBA INU is presently rated first in the Ethereum (ERC20) sector and second in the Meme Coins category in terms of market capitalisation.
OMG Network – OMG (-42%)
OMG Network, formerly known as OmiseGO (OMG), is a token-based digital currency supported by the Plasma decentralised exchange and an Omise digital wallet. It is intended to allow online payments for products and services as well as cross-border asset transfers. OMG Network was created in collaboration with Omise, a large Asian payment service. Regardless of the fact that the sale was limited to $19 million, $60 million was promised by just 450 investors. OmiseGO’s technology is based on offering lightning-fast payments and connecting e-wallets for various fiat and digital currencies. OMG Network is layer-2 scaling solution built for the Ethereum blockchain.
The price estimate outlook on the OMG Network is now unfavourable. OMG Network is now number 40 in the Ethereum (ERC20) category in terms of market capitalization.
Cosmos – ATOM (-28%)
Cosmos is a project that aims to tackle some of the blockchain industry’s “hardest difficulties.” It promises to solve the problem of “slow, costly, unscalable, and ecologically destructive” proof-of-work algorithms, such as those employed by Bitcoin, by providing an ecosystem of linked blockchains. Another objective of the project is to make blockchain technology less confusing and challenging for developers by using a modular architecture that demystifies decentralised apps.
The current Cosmos price estimate outlook is unfavourable. Cosmos is presently ranked eighth in the Proof-of-Stake category by market capitalisation.
Quant – QNT (-28%)
Quant is an integration project which is looking to help connect various blockchains and networks on a global scale without reducing the efficiency of its network. Quant allows developers to build decentralised multi-chain applications (known as MApps) for their customers with ease. The firm realises that there will never be a blockchain that can control them all, therefore they devised a system to link them all in perhaps the most efficient and reliable manner possible. They are not open-sourced, and the majority of the technology utilised in their products is patented, requiring a licence to use them.
Currently, the Quant price estimate outlook is unfavourable. Quant is presently number 23 in the Ethereum (ERC20) category in terms of market capitalisation.
Dogecoin – DOGE (-27%)
Dogecoin is a cryptocurrency which sprang from the Shiba Inu doge craze that swept the world in 2013. Its currency took off, and it grew a sizable audience on forums like Reddit. Over 100 billion Doges have been mined by 2015. Billy Markus invented the money in the belief that it would appeal to an audience that was unaware of or interested in Bitcoin. Dogecoin is a meme coin that has been brought to the public attention by gaining social tracking via social media sites and is quite noticeable there. Elon Musk tweets that Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content.
The current Dogecoin price estimate outlook is unfavourable. Dogecoin is presently rated third in the Proof-of-Work category and first in the Meme Coins sector in terms of market capitalisation.
Please keep in mind that these prices are continuously changing and should only be used as a general guideline while trading. The ventures mentioned here should not be construed as investment advise, and do your own research before investing your life savings in the next “great” coin you “found.”
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