Markets
Weekly Crypto Market Winners and Losers – ORDI, STX, TIA, LDO
- ORDI, Stacks and Kaspa were the biggest gainers of the week.
- Beam, Celestia and Lido DAO top the list of losers this week.
The tastes of COMPUTER [ORDI], Battery [STX]And Kaspa [KAS] were the best gainers of the week, while Beam [BEAM], Celestia [TIA]And Lido DAO [LDO] at the top of the reverse side of the chart.
The biggest winners
COMPUTER [ORDI]
A daily analysis of COMPUTER The price action revealed some interesting positive trends.
Although ORDI’s positive trend began on the second day of the week, it has seen consistent uptrends since its initial price rise.
The week started with a 4.56% decline, dropping ORDI’s price from around $47.50 to around $45.00. However, this setback was quickly overcome as the asset began its steady rise.
The chart revealed two significant price movements that triggered ORDI’s uptrend. On June 3, ORDI saw an increase of more than 6%, bringing its price back to around $47.
The next day, it saw an impressive 17% increase, pushing its price above $55.
By the end of the week, ORDI was trading near $59.
Source: TradingView
According to data from CoinMarketCapORDI was the biggest gainer of the week, with an impressive increase of over 25%.
At the time of writing, COMPUTER was trading with an additional 4% increase, bringing its price to over $61. Its market capitalization had reached nearly $1.3 billion.
However, trading volume decreased by around 30%, standing at around $314 million.
Battery [STX]
According to CoinMarketCap, STX recorded the second highest gains of the week, with an impressive increase of over 22.5% over the past seven days.
AMBCrypto analysis showed that Stacks started the week on a negative note, trading at around $1.80. However, from June 3, it gained momentum and saw consistent uptrends.
The chart indicates that STX reached a high of around $2.48 at one point during the week. By the end of the week, it was trading at around $2.24.
At the time of writing, STX had risen slightly to around $2.27.
Additionally, the data indicated that Battery had a market capitalization of around $3.3 billion at the time of writing, although it has declined over the past 24 hours.
Its trading volume also fell by more than 50% in the last 24 hours, standing at around $145 million.
Kaspa [KAS]
AMBCrypto analysis on KAS revealed that it started the week at around $0.14, beginning its uptrend on the first day.
The chart shows that KAS continued to rise, reaching the $0.19 range at one point during the week. However, it has since declined and by the end of the week it was trading at around $0.16.
Despite its decline, CoinMarketCap data showed that Kaspa (KAS) was the third biggest gainer of the week, with an increase of over 15%. At the time of writing, it was still trading around the $0.16 price range.
The data also indicates that its market capitalization was around $3.8 billion, although it declined by more than 5%.
Likewise, its trading volume saw a significant drop of over 40% in the last 24 hours, standing at around $67 million.
The biggest losers
Beam [BEAM]
AMBCrypto’s view BEAM The price chart revealed a lack of positive trends. BEAM started the week at around $0.27 and saw consecutive declines throughout the week.
By the end of the week, its price had fallen to around $0.22. According to CoinMarketCapBEAM was the biggest loser of the week, down around 20.8%.
At the time of writing, BEAM was trading at around $0.23 with a market cap of around $1.1 billion, down over 3%.
Its trading volume declined by more than 40%, standing at around $13.8 million.
Celestia [TIA]
Celestia was closer to the ground than to the stars. According to AMBCrypto analysis, TIA started the week on a positive note, trading at around $11.46.
However, it saw subsequent declines, falling to around $9.10 by the end of the week.
According to CoinMarketCap According to the data, this decline places TIA as the second largest loser of the week, losing more than 20% in value over the past seven days.
At the time of writing, TIA was still trading within the $9.10 price range. Its market capitalization declined by more than 6% in the last 24 hours, standing at around $1.7 billion.
Additionally, trading volume declined by around 50%, standing at around $75 million.
Lido DAO [LDO]
Lido DAO, according to its daily calendar, started the week at around $2.30. The chart indicates that it started with a 3.56% decline, which continued throughout the week.
By June 7, LDO had fallen to around $2.00, breaking the support line (yellow line). By the end of the week, it was trading at around $1.90 after a 4.8% decline, now trading below its support level.
The LDO’s decline also pushed its relative strength index (RSI) to 40, indicating a strong downtrend. According to CoinMarketCap, LDO saw the third biggest loss of the week, falling more than 19%.
Source: TradingView
Its market capitalization declined by more than 5% in the last 24 hours, standing at around $1.7 billion. Its trading volume fell more than 20%, to around $143 million at press time.
Conclusion
Here’s the weekly recap of the biggest winners and losers. It is essential to keep in mind the volatile nature of the market, where prices can change quickly.
So it is best to do your own research (DYOR) before making an investment decision.