This 12 months, 2022, has been a tough 12 months for the worldwide monetary markets. As of final week, the U.S. inventory market dropped by over 15 p.c, the bond market by over 20 p.c, whereas the cryptocurrency market misplaced greater than 50 p.c from its peak in 2021.
November was no totally different, with Bitcoin (BTC) dropping to new two-year lows, whereas the remainder of the market witnessed robust promoting strain. Let’s check out the ten worst-performing cryptocurrencies in November 2022.
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Ten Worst-Performing Cryptocurrencies In November 2022
We now have used the November return knowledge of cryptocurrencies from coinmarketcap.com to rank the ten worst-performing cryptocurrencies in November 2022. We now have solely thought of cryptocurrencies with a market capitalization of greater than $400 million (as of Dec. 1, 2022) to develop this checklist of the ten worst-performing cryptocurrencies in November 2022. Listed below are the ten worst-performing cryptocurrencies in November 2022:
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Chiliz (CHZ, -30%)
Based in 2017, it’s a sports activities and leisure digital foreign money that permits holders to participate within the governance of their favourite sports activities manufacturers. CHZ is down by nearly 52% 12 months up to now and down nearly 31% within the final three months.
As of this writing, CHZ is buying and selling at $0.1436, giving the cryptocurrency a market capitalization of greater than $881 million. CHZ has an all-time excessive of $0.8915 (March 2021) and an all-time low of $0.004001 (September 2019).
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Synthetix (SNX, -31%)
Launched in September 2017, this crypto is growing a decentralized liquidity provisioning protocol that can be utilized by any protocol. SNX is down by over 69% 12 months up to now and down nearly 30% within the final three months.
As of this writing, SNX is buying and selling at $1.83, giving it a market capitalization of greater than $455 million. SNX has an all-time excessive of $28.77 (February 2021) and an all-time low of $0.03258 (January 2019).
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Move (FLOW, -34%)
It’s a developer-friendly blockchain that serves as a basis for the following technology of video games, apps, and digital property. FLOW is down by over 90% 12 months up to now and down over 49% within the final three months.
As of this writing, FLOW is buying and selling at $0.8943, giving it a market capitalization of greater than $926 million. FLOW has an all-time excessive of $46.16 (April 2021) and an all-time low of $0.8925 (December 2022).
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EthereumPoW (ETHW, -35%)
It’s a fork of the Ethereum blockchain with the target of providing a extra decentralized and fairer mining course of. ETHW is down by nearly 1% 12 months up to now and down over 70% within the final three months.
As of this writing, ETHW is buying and selling at $3.45, giving the cryptocurrency a market capitalization of greater than $371 million. ETHW has an all-time excessive of $141.36 (August 2022) and an all-time low of $3.13 (November 2022).
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KuCoin Token (KCS, -35%)
Launched in 2017, it’s a profit-sharing token that allows merchants to attract worth from the trade. KCS is down by nearly 70% 12 months up to now and down nearly 27% within the final three months.
As of this writing, KCS is buying and selling at $6.72, giving it a market cap of greater than $661 million. KCS has an all-time excessive of $28.80 (December 2021) and an all-time low of $0.3365 (January 2019).
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Decentraland (MANA, -37%)
Launched in 2017, it’s a digital actuality platform that allows customers to create, expertise, and monetize content material and purposes. MANA is down by nearly 89% 12 months up to now and down nearly 49% within the final three months.
As of this writing, MANA is buying and selling at $0.3777, giving the cryptocurrency a market capitalization of greater than $700 million. MANA has an all-time excessive of $5.90 (November 2021) and an all-time low of $0.007883 (October 2017).
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Aptos (APT, -41%)
Launched in October 2022, it’s a Layer 1 Proof-of-Stake (PoS) blockchain that makes use of a novel sensible contract programming language known as Transfer. APT is down by nearly 1% 12 months up to now and down over 43% within the final three months.
As of this writing, APT is buying and selling at $4.74, giving it a market capitalization of greater than $616 million. APT has an all-time excessive of $10.25 (October 2022) and an all-time low of $3.60 (November 2022).
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NEAR Protocol (NEAR, -42%)
It’s a community-run cloud computing platform that goals to dispose of the restrictions blocking the blockchains. NEAR is down by over 89% 12 months up to now and down over 61% within the final three months.
As of this writing, NEAR is buying and selling at $1.63, giving it a market cap of greater than $1.37 billion. NEAR has an all-time excessive of $20.42 (January 2022) and an all-time low of $0.526 (November 2020).
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Cronos (CRO, -42%)
Cronos went dwell in November-December 2018, it’s the native cryptocurrency token of Cronos Chain. CRO is down by over 89% 12 months up to now and down over 42% within the final three months.
As of this writing, CRO is buying and selling at $0.06192, giving it a market capitalization of greater than $1.56 billion. CRO has an all-time excessive of $0.9698 (November 2021) and an all-time low of $0.01149 (December 2018).
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Solana (SOL, -58%)
Formally launched in March 2020, this crypto makes use of blockchain expertise’s permissionless nature to supply decentralized finance (DeFi) options. SOL is down by over 92% 12 months up to now and down over 57% within the final three months.
As of this writing, SOL is buying and selling at $14.09, giving the cryptocurrency a market capitalization of greater than $5.16 billion. SOL has an all-time excessive of $260.06 (November 2021) and an all-time low of $0.5052 (Could 2020).
