Metaverse and gaming tokens were among the best crypto gainers in November, rallying after Facebook announced its name change to Meta in late October.
The No. 1 gainer among the top 300 coins, according to Cryptorank, was Sologenic, a platform for tokenising assets on the XRP Ledger blockchain.
SOLO tokens soared 827 per cent for the month, going from around 40c to $3.85. Coinmarketcap lists it as the No. 233 crypto.
Sologenic appears to have had a few catalysts lately, according to its Twitter feed, including an upcoming NFT marketplace, an airdrop and a new listing on the Bitrue exchange.
As you might know, the SOLO core team has been working on new technology for quite some time.
Glad to inform you that, we’ll finally reveal more details on this new ecosystem on December 20th, 2021.
— Bob Ras (@bobrasX) November 29, 2021
CEEK VR soars
A cryptocurrency called CEEK VR was the No. 2 gainer in November, according to Cryptorank, with an 809 per cent rise. Coinmarketcap lists it as the No. 130 crypto.
It appears to have just launched in September and traded for around US1c to 3c until the end of October. On Wednesday, CEEK tokens were trading for $1.02.
CEEK’s website describes it as “DeFi for music arts, sports and content creators,” directly connecting those creators to their fans in virtual worlds.
The CEEK team also sells a device for transforming mobile phones into virtual reality headsets.
— Ceek (@CEEK) November 26, 2021
Gala Games up sixfold
Gala Games was the No. 3 performer in the top 300, and best-performing crypto in the top 100, jumping 564 per cent.
GALA tokens were trading Wednesday for US62c, up from 7c to 9c from late September to mid-November and from 2c in early September.
Coingecko lists it as the No. 45 crypto.
The token powers games in the Gala Games ecosystem, including Spider Tanks and Echoes of Empire.
Other top gainers
Ethereum scaling solution Loopring, metaverse token The Sandbox and defi blockchain Radix were the other big gainers in the top 100, rising from 330 per cent and 275 per cent.
Among coins ranked 101-300, Render Token, DeversiFi, RMRK, Divi, Phantasm, Bora and Flux all had a strong month of November.
Render Token, the No. 130 crypto, gained 506 per cent. It’s a coin powering a cloud-based video rendering protocol.
DeversiFi, a decentralised finance suite that’s the No. 213 crypto, gained 352 per cent.
RMRK, the No. 259 crypto, rose 338 per cent. It’s a set of “NFT Legos” for Kusama.
The Crypto.com Coin was the biggest gainer in the top 20, rising 239 per cent after the crypto exchange bought naming rights to the Staples Center in Los Angeles.
On the flip side, Safemoon was the biggest loser in the top 300, declining 56.7 per cent to slip out of the top 100. It’s now the No. 108 crypto.
Mineplex, Spell Token, LUKSO and Hoge Finance all fell by around half.
Among top 100 coins, Shiba Inu fell by 34 per cent for the month and Quant and Sushi were both down by about a quarter.