How did the Top 50 cryptocurrencies perform in November?steemCreated with Sketch.

in crypto •  11 days ago

November in one word: Capitulation!
The whole cryptocurrency market tanked last month on the back of high volumes. The biggest monthly loss of the year so far. The only winners were Factom with a whopping +162%, Paxos (+1%) and of course the stable coins. Although even Tether lost 0.85% and our own SBD (Steem Blockchain Dollar) cannot be really called a stable coin anymore at a price of $0.81.

  • The Bitcoin dominance was pretty stable last month. From 54% to 53.5%.
  • The total crypto market cap dropped from 205 billion to 131 billion. I wouldn't believe you if you told me this a month ago.
  • STEEM lost another 57.5% of its value and was one of the worst performers on the list. In fact, only Tezos and Bitcoin Cash lost more than STEEM.
  • Let's hope for a relief rally in December.

Here is the full overview of last month.

CryptocurrencyPrice November, 1stPrice end of NovemberChange
Bitcoin$6,342.61$4,000.81-36.92%
XRP$0.45$0.36-19.54%
Ethereum$197.85$112.86-42.96%
Stellar$0.23$0.16-30.2%
Bitcoin Cash$425.36$170.42-59.94%
EOS$5.25$2.87-45.33%
Litecoin$49.68$31.32-36.96%
Tether$0.99$0.98-0.85%
Bitcoin SV$0.00$0.000%
Cardano$0.07$0.04-44.94%
Monero$105.03$57.68-45.08%
TRON$0.02$0.01-35.58%
IOTA$0.47$0.29-38.7%
Dash$153.66$91.78-40.27%
NEM$0.09$0.08-19.07%
Binance Coin$9.44$5.08-46.19%
NEO$15.49$7.73-50.1%
Ethereum Classic$9.04$4.63-48.78%
Zcash$116.33$78.89-32.18%
Bitcoin Gold$26.72$17.98-32.71%
Tezos$1.30$0.48-62.92%
VeChain$0.01$0.00-54.53%
Maker$609.38$354.38-41.85%
Dogecoin$0.00$0.00-45.8%
Ontology$1.66$0.78-52.81%
0x$0.77$0.39-49.34%
OmiseGO$3.29$1.53-53.5%
TrueUSD$1.00$1.01+1%
Basic Attention Token$0.25$0.16-34.48%
Qtum$3.83$2.01-47.52%
Decred$40.07$19.73-50.76%
USD Coin$1.00$1.02+2.24%
Paxos Standard Token$1.00$1.01+1%
Lisk$2.77$1.40-49.46%
Bitcoin Diamond$1.34$1.00-25.66%
Bytecoin$0.00$0.00-36.94%
Zilliqa$0.03$0.02-50.56%
DigiByte$0.02$0.01-47.92%
Nano$2.01$1.00-50.25%
Aeternity$1.15$0.55-52.49%
BitShares$0.10$0.05-49.89%
Waves$1.89$1.23-34.92%
ICON$0.57$0.25-56.03%
Aurora$0.03$0.02-34.76%
Siacoin$0.01$0.00-54.68%
Chainlink$0.51$0.32-37.4%
Verge$0.01$0.01-47.83%
Factom$4.58$12.01+162.23%
Steem$0.80$0.34-57.59%
Bytom$0.03$0.02-34.4%

My previous monthly crypto reports


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Capitulation, but perhaps not to its fullest extent. As uncomfortable as it's been, I have actually preferred this price action to the long sideways trading we've had in the preceding couple of months.

Now, we wait to see if lower lows can be hit on the downside, and hope to see a powerful resurgence at some point. Market still looking overall bearish until trend reversal confirmed.

Red November...

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Is there a list of delisted coins on coinmarket.com? This bearmarket should kill some shitcoin projects...

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lol, train off its tracks, indeed.

Hmm, it does look like it will bounce as in past whenever a huge drop it rebounds but i still think 3k or just below is incoming first.

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Look for 2.8 - 2.9K region on the downside.... potential bounce from there? Or does the bear market extend much longer and we test the support way down at 1.2K, or god forbid fall below that?

It has been a rough month but here we are still standing strong :-D!

This pic sum it up:
2C67DFE1-7483-4E55-AC4D-7DB04D7FB0D0.jpeg

STEEM was the 3rd biggest loser and is about to fall out of the top 50.

So much lost potential. But hey...I have an idea...

Let’s just stay on the same “development” path we’ve been on for the past year and a half. That should work.

My eyes are sore looking at this LOL. Just red, red and more red. Just going to look forward to this chart next year!

@penguinpablo Not to Worry Things can Only Get Better From Here....