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dima_sidelnikov / Deposit Photos The cryptocurrency market witnessed strong selling pressure following the collapse of the crypto exchange FTX. bitcoin dropped to new two-year lows of around $15,500 on November 22. The crypto market, however, stabilized in the closing days of the month, with Bitcoin currently trading above $16,500. Let's take a look at the 10 best-performing cryptocurrencies in November 2022.
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1.
ten best-performing cryptocurrencies in november 2022
1.1.
gemini dollar (gusd, 1%)
1.2.
polygon (matic, 5%)
1.3.
toncoin (ton, 9%)
1.4.
fantom (ftm, 9%)
1.5.
pax gold (paxg, 9%)
1.6.
dash (dash, 11%)
1.7.
gmx (gmx, 32%)
1.8.
okb (okb, 33%)
1.9.
litecoin (ltc, 39%)
1.10.
trust wallet token (twt, 87%)
Ten Best-Performing Cryptocurrencies In November 2022
We have used the November return data of cryptocurrencies from coinmarketcap.com to rank the 10 best-performing cryptocurrencies in November 2022.
We have only considered cryptocurrencies with a market capitalization of more than $400 million (as of Dec. 1, 2022) to develop this list of the 10 best-performing cryptocurrencies in November 2022. Here are the 10 best-performing cryptocurrencies in November 2022:
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Gemini Dollar (GUSD, 1%) Founded in February 2014, it is a digital currency exchange and custodian that enable users to buy, sell and store digital assets. gusd is up by over 1% year to date and up almost 2% in the last three months.
As of this writing, GUSD is trading at $1.01, giving the cryptocurrency a market capitalization of more than $611 million. GUSD has an all-time high of $1.27 (November 2021) and an all-time low of $0.8521 (March 2020).
Polygon (MATIC, 5%) Launched in October 2017, it is an easy-to-use platform for Ethereum scaling and infrastructure development. matic is down by almost 66% year to date but is up by almost 8% in the last three months.
As of this writing, MATIC is trading at $0.886, giving it a market cap of more than $7.73 billion. MATIC has an all-time high of $2.92 (December 2021) and an all-time low of $0.003012 (May 2019).
Toncoin (TON, 9%) Developed in 2018, Toncoin is a decentralized layer-1 blockchain developed by the encrypted messaging platform Telegram. TON is down by over 51% year to date but is up by over 1% in the last three months.
As of this writing, TON is trading at $1.85, giving it a market capitalization of more than $2.26 billion. TON has an all-time high of $5.84 (November 2021) and an all-time low of $0.3906 (September 2021).
Fantom (FTM, 9%) Founded in 2018, it is a directed acyclic graph (DAG) smart contract platform that offers decentralized finance (DeFi) services to developers. ftm is down by almost 91% year to date and down almost 7% in the last three months.
As of this writing, FTM is trading at $0.2347, giving the cryptocurrency a market cap of more than $597 million. FTM has an all-time high of $3.48 (October 2021) and an all-time low of $0.001953 (March 2020).
PAX Gold (PAXG, 9%) Launched in September 2019, PAX Gold is a gold-backed cryptocurrency in which the primary objective is to make gold more tradable. paxg is down by over 3% year to date but is up by almost 4% in the last three months.
As of this writing, PAXG is trading at $1778, giving it a market capitalization of more than $578 million. PAXG has an all-time high of $3,487.68 (April 2020) and an all-time low of $1,387.98 (October 2019).
Dash (DASH, 11%) Launched in January 2014 as a Litecoin (LTC) fork, Dash offers a fast, cheap global payments network that is decentralized as well. dash is down by over 67% year to date but is up by almost 1% in the last three months.
As of this writing, DASH is trading at $45.32, giving the cryptocurrency a market cap of more than $500 million. DASH has an all-time high of $1,642.22 (December 2017) and an all-time low of $0.2139 (February 2014).
GMX (GMX, 32%) GMX is a utility and governance token of GMX, which is a decentralized spot and perpetual exchange that allows users to trade. GMX is up by over 129% year to date but is down by almost 2% in the last three months.
As of this writing, GMX is trading at $51.57, giving it a market capitalization of more than $410 million. GMX has an all-time high of $217.32 (November 2021).
OKB (OKB, 33%) Launched in 2017, OKB was released by OK Blockchain Foundation and the Maltese crypto exchange, OKEx. It is a utility token that gives users access to special features of the crypto exchange. OKB is down by over 29% year to date but is up by almost 51% in the last three months.
As of this writing, OKB is trading at $20.65, giving it a market capitalization of more than $1.23 billion. OKB has an all-time high of $44.17 (May 2021) and an all-time low of $1.25 (May 2019).
Litecoin (LTC, 39%) Listed in 2011, Litecoin aims to offer quick, safe and low-cost payments by using blockchain technology's unique properties. LTC is down by over 49% year to date but is up by over 34% in the last three months.
As of this writing, LTC is trading at $76.34, giving it a market capitalization of more than $5.48 billion. LTC has an all-time high of $412.96 (May 2021) and an all-time low of $1.11 (January 2015).
Trust Wallet Token (TWT, 87%) Founded in 2017, it is a simple BEP-20 utility token that offers several benefits and incentives to Trust Wallet users. twt is up by almost 228% year to date and up over 148% in the last three months.
As of this writing, TWT is trading at $2.38, giving the cryptocurrency a market cap of more than $990 million. TWT has an all-time high of $2.71 (November 2022) and an all-time low of $0.006478 (July 2020).