Markets
Top Crypto Gainers and Losers of the Week
The crypto market’s bullish trend is in decline with greed becoming neutral in the market. fear and greed index, followed by a drop in the price of Bitcoin. The decline is not limited to this, as global market capitalization and trading volume also contributed to the decline. More importantly, the market has had its losers and a few crypto winners fighting the downward pressure.
This is a part of the industry where declines provide buying opportunities and increases provide selling opportunities. On that note, let’s take a look at the top crypto gainers and losers of the week.
Crypto Winners of the Week
Countering declining market conditions, a few cryptocurrencies like Oasis, Uniswap, and Notcoin made further gains, becoming the biggest crypto gainers of the week.
1.Oasis (PINK)
After months, the price of Oasis increased, also in falling market conditions, ranking it first among all crypto gainers of the week. The altcoin is up 19% this week, currently at $0.1246. It still has a long way to go as its value is 80% off the all-time high of $0.5964 set two and a half years ago.
2.Uniswap (UNI)
Uniswap is also surging this week, rising from a low of $8.89 to the current price of $11.51. Within a week, UNI Price recorded an increase of 13%, reaching a value of 58% for the whole month. Uniswap is attempting another rally like the one in March, where its price reached $15.39.
3.Notcoin (NOT)
After its peak in early June, Notcoin price makes another bullish jump and becomes one of the biggest crypto gainers this week. Notcoin was in the process of correcting after setting its all-time high target of $0.02896 a few days ago. Now NOT price is $0.0212 after adding 12% value in a week. In total, it has made a profit of 96% since its launch in May 2024.
Crypto losers of the week
With market conditions declining, losses have been greater in the market than gains, increasing the number of losers relative to cryptocurrency winners. According to CoinmarketCapWormhole, FLOKI and ORDI are the biggest crypto losers of the week.
1.Wormhole (W)
Wormhole is the biggest crypto loser of the week, with a 32% drop in value. Now, Wormhole price is $0.4611, the lowest point since its market launch. More importantly, it recently hit an all-time low of $0.4397, sparking concerns among holders.
2.FLOKI (FLOKI)
FLOKI’s decline is quite disappointing for investors as the meme coin recently hit an all-time high of $0.0003462. At the time of writing, the FLOKI Price is $0.0002047 after facing a 25% decline this week. However, the bulls are still active for FLOKI, so there is a slight possibility of recovery in the coming days.
3.ORDI (ORDI)
On a monthly price chart, ORDI is seeing a decent gain of 23%, where its current value is $45.67. However, ORDI is a crypto loser, not a winner, as the price has fallen 24% over the past few days following the overall market decline. Earlier, the ORDI Price was at a high of $96.17, but now the value has fallen by more than 52%.
Continue reading Top 3 Altcoins Ready for Rally for the First Time Since March
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With years of love for reading and 5 years of content writing experience, I am here working on my favorite cryptocurrency writings. I actively research trending topics and news statistics to curate the best content for crypto enthusiasts. Staying updated with the trends and learning the basics and advances of this field is the best part of the day.
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