June 20, 2024

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Weekly winners and losers in the cryptocurrency market – PEPE, UNI, AKT, FTM

Weekly winners and losers in the cryptocurrency market – PEPE, UNI, AKT, FTM
  • Pepe, Uniswap and Lido DAO were the biggest winners this week.
  • Arweave, Akash Network and Fantom suffered the biggest losses this week.

Phantom [FTM] It was among the biggest gainers in the previous rankings, but this week it declined significantly.

Meanwhile, baby [PEPE] It’s been a fantastic week, hitting all-time highs and leading the winners for the week.

Biggest winners

baby [PEPE]

AMBCrypto analysis of Bibi [PEPE] On the daily time frame chart, it showed that it started the week with a 3.98% decline, falling to around $0.00000916.

However, the next day, it saw a 24.56% increase, reaching $0.00001141, setting a new all-time high (ATH). This was just the beginning of a series of ATHs throughout the week.

By the end of the week, PEPE was trading at around $0.00001497 after a 5.80% increase, setting another ATH.

Pepe price trend

Source: Trading Offer

According to data from CoinMarketCapPEPE has risen by 57.62% over the past seven days, making it the top gainer of the week and the meme with the highest gains.

At the time of writing, it is trading with an additional premium of more than 1%, to a value of about $0.000015.

In addition, its market capitalization exceeded $6.3 billion, and its trading volume reached more than $1.8 billion during the past 24 hours.

com.uniswap [UNI]

com.uniswap [UNI] It was a busy week, with analysis showing that it started low and ended high. The chart indicated that Uniswap started the week at around $7.70.

By May 20, it saw a significant rise, pushing its price to over $9. The increase continued, and by the end of the week, UNI was trading at over $11.

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This increase placed it in second place among the highest gainers, with CoinMarketCap Recording an increase of 41.64%. At the time of writing, it is trading at around $11.40.

Its market capitalization is about $6.8 billion, and it has increased by more than 5% in the past 24 hours.

Lido Dao [LDO]

Such as Uniswap, Lido DAO [LDO] The price started low and ended high, with a big rally on May 20. It started the week at around $1.70, and by May 20, it had risen to around $2.00.

By the end of the week, its price had risen to around $2.40, making it the third biggest gainer of the week.

According to data from CoinMarketCap, LDO value increased by 41%. However, in the last 24 hours, its market value has fallen by more than 5% as its price has fallen.

At the time of writing, its market capitalization is approximately $2.2 billion. Additionally, trading volume fell by more than 50% over the past 24 hours, to around $154 million.

Biggest losers

Arwaif [AR]

According to data from CoinMarketCapArovi [AR] The index topped the list of losers, with a decline of 14.73% during the past seven days.

The price trend indicates that AR started the week at around $48, but fell to around $46 by the next day.

Its decline coincided with the start of the rise of other altcoins on the gainers chart. By the end of the week, AR was trading at around $40. At the time of writing this report, its decline continues.

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Its market capitalization was about $2.6 billion at press time, having fallen by more than 1%. Additionally, trading volume fell by more than 30% to more than $38 million.

Akash Network [AKT]

Akash network analysis [AKT] It revealed a turbulent week, as it started to decline from the $5.8 price area to around $5.7.

Despite a brief respite on May 21, when its price rose to around $5.9, subsequent declines negated the gains.

By the end of the week, it was trading at around $5.3, marking a 9.44% decline according to CoinMarketCapWhich made him the second biggest loser this week.

As of press time, AKT’s downtrend continues, with its price hovering around $5.31.

Its market capitalization was approximately US$1.2 billion, reflecting a decline of approximately 1%, while trading volume fell by more than 38% to approximately US$9.1 million.

Phantom [FTM]

Phantom price trend [FTM] It was interesting, because it was one of the biggest gainers the week before. However, a closer look at the daily time frame price chart revealed a decline.

Initially, it almost touched the $1 price zone after a 9.37% increase, bringing its price to around $0.90. This came after it started the week at around $0.84, following a 4.91% decline.

Phantom price trend

Source: Trading Offer

Despite this rise on May 20, subsequent declines followed, and by the end of the week, its price had fallen to around $0.82, despite a marginal increase of over 2%.

According to data from CoinMarketCapIt suffered the third largest loss, with a decline of 8.16% over the past seven days.

At the time of writing, FTM is trading at around $0.81, reflecting a decline of more than 1%.

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Its market capitalization reached approximately US$2.3 billion, a decrease of approximately 1%, and its trading volume exceeded US$129 million, a decrease of more than 30%.

Conclusion

Here’s the weekly summary of the biggest gainers and losers. It is important to take into account the volatile nature of the market, as prices can change quickly.

Therefore, it is best to do your own research (DYOR) before making any investment decisions.