- In the dog world, Safe, Raydium and cats were the biggest winners last week.
- Immutable X, ApeCoin, and Arweave suffered the biggest losses last week.
At the end of last week, Safe emerged as the biggest cryptocurrency gainer, up nearly 50%. However, ApeCoin lost its appeal late last week when it fell from the winners side to the losers side.
biggest winner
SAFE
Analysis of SAFE’s daily timeframe chart shows that the week started with a normal trend. However, the week’s subsequent trends demonstrated the price volatility that defined the week.
Earlier this week, the price was around $0.95 after rising more than 1%. However, although the price surged by more than 15% the next day, this surge was followed by a significant decline.
Our analysis shows that the week’s defining price trends occurred on Thursday and Friday. On Thursday, it surged 42.13%, pushing the price to around $1.34. The next day saw another surge of 10.45%, pushing the price up to around $1.48.
Source: TradingView
However, it ended the week with a decline of over 1%, with the price falling to around $1.46. Additionally, the Relative Strength Index shows oversold conditions, which means a correction could occur soon.
It was the biggest gainer of the week, up 49%, according to data from CoinMarketCap. At approximately $658 million, it had the lowest market capitalization among the top gainers.
Radium (RAY)
The second biggest gainer was radium (RAY). According to our analysis, the price was around $2.2 at the beginning of this week. But by the end of the week, prices had risen nearly 3%.
Price trends have shown it is up more than 44% in the past week, according to data from CoinMarketCap.
RAY also had the second-largest market capitalization among the top gainers, at over $843 million. Additionally, as of this writing, the price has risen to around $3.2, increasing the market capitalization by over 8%.
As of this writing, it was the only one to see a drop in volume of more than 1%. It was over $110 million.
Cats in a Dog’s World (MEW)
Cats of the Dog World and Pop Cat battled for third place, but MEW emerged as first. Data shows MEW is up more than 17% in the past week. Popcat could only manage more than 15%. This also led to its highest gain in its second week.
Analysis of the charts shows that the price started late in the week at around $0.008. The main upward trend occurred over the weekend when the price surged to around $0.011.
At the end of the week, it was trading around $0.010. The market capitalization is approximately $887 million, with trading volume of approximately $167 million at the time of this writing. However, trading volume has fallen by more than 40% in the last 24 hours.
Top 500 risers
Among the top 500 assets, Virtual Protocol (VIRTUAL), Moo Deng (MOODENG), and Nosana (NOS) were the biggest winners. According to the chart, VIRTUAL gained over 203% while MOODENG gained almost 153%. The third biggest gainer was NOS, up nearly 129%.
biggest loser
immutable
Immutable Price activity shows that at the beginning of the week it was around $1.6, but has seen a significant decline. By the end of the week, the price was around $1.30.
As of this writing, the decline continues and is impacting market capitalization. At the time of this writing, its market capitalization was nearly $2.2 billion, but it has declined by more than 1% in the last 24 hours. Additionally, its trading volume has fallen by nearly 50% in the last 24 hours, reaching nearly $23 million.
Ape Coin (APE)
ApeCoin was one of the biggest winners the previous week, but was unable to maintain its momentum. It fell more than 17% last week, making it the second-largest decliner, according to data from CoinMarketCap.
According to our analysis, APE started the week with a surge of 71.15%, with the price rising to almost $1.5. It looked more promising after a 5% rise the next day pushed the price above $1.50.
but. It then fell significantly and was trading around $1 at the end of the week.
Source: TradingView
Currently, the only positive trends are above the 200-day moving average (blue line) and above the neutral line of the Relative Strength Index (RSI). The spike took prices above the blue line for the first time since April. However, if the downward trend continues, it may fall again.
Its trading volume has fallen nearly 70% in the last 24 hours to around $155 million.
AreWeb(AR)
Arweave finished as the third biggest loser. Price analysis shows that it started this week around $19, but dropped to around $16 by the end of the week. AR has fallen more than 16% in the past week, according to data from CoinMarketCap.
At the time of this writing, it was around $35 million, down more than 45%. Additionally, its market capitalization fell more than 3% to about $1 billion.
Top 500 Losers
Scroll (SCR) topped the Top 500 Losers chart, falling more than 39%. Deep Book Protocol (DEEP) was the second biggest decliner, down nearly 34%. Casper (CSPR) also fell nearly 34%.
conclusion
Here’s a weekly recap of who gained the most and who lost the most. It is important to keep in mind the volatile nature of the market, where prices can change quickly.
Therefore, it is best to do your own research (DYOR) before making any investment decisions.