Coin Race Top WinnersLosers of November; XRP Steals the Month From Bitcoin

Even without looking at the charts, anybody who remotely followed what's been happening in the broad crypto market will have noticed what a great month November was for - some of it. Particularly its second half brought another small spring to many coins, building on top of the October one, with projects turning green left and right, reaching double-digit rises. Major coins including bitcoin (BTC) and ethereum (ETH) surged to levels not seen in years. Others, though few, ended the month in red. A correction did follow the initial surge, as it often does, and after individual coins had been pulled down, some of them by double-digit percentages, the very end of the month saw plenty of greenery yet again, with the world's number one coin even breaking all-time highs on its path to USD 20,000. But all was not green. November was good to some, but also quite bloody for others. And as we enter the last month of 2020, let's take a look at the best and the worst perfumers in the month behind us. There is no better place to see the fruits of November than on the list of the top 10 coins by market capitalization. It is led by XRP, which over the past month appreciated a whopping 117.5%. It's the only three-digit increase on the list. It was a busy month for XRP-affiliated Ripple, during which a single week saw the coin's price more than double, while the interest in the term 'XRP' on Google search had also reached its highest point in more than two years. The second place is taken by bitcoin and its 63.53% increase. The number one coin by market capitalization has had an adventurous month so to say, climbing from USD 13,700 at its beginning to nearing the all-time high, dropping as it was about to surpass it, then finally reaching USD 19,696 on the month's very last day. For some, the price rise and volatility seen by many coins in November, particularly the major ones, and again, particularly bitcoin, was not a surprise. As Cryptonews.com reported, Kraken Intelligence had estimated that after the second least volatile October on record, BTC price and volatility could both be expected to climb in November. Litecoin (LTC) took the third place, having gone up 41.5%. The coin grew fast over the past month, overtaking bitcoin cash (BCH) and now sitting as the 5th coin by market capitalization. Its price also went from USD 55 to USD 93 at its highest in November. Cardano (ADA) sat on the fourth place this past month with an increase of 36.64%, and it's followed by the second coin by market capitalization, ethereum (ETH), which appreciated 27.5%. The latter's price went up from USD 386 to USD 621. This was a very important period for Ethereum, which launched its Ethereum 2.0 smart contract in November and is scheduled to launch the very first phase of ETH 2.0, Phase 0, today. Binance coin (BNB) follows ETH closely with a nearly 25% rise, while the least to appreciate in November was bitcoin cash, with a rise of 8.4%.


All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/coin-race-top-winners-losers-of-november-xrp-steals-the-mont-8478.htm


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