- Book of Meme, ZRK, and Jupiter had the biggest gains this week.
- Shiba Inu, Bitcoin SV, and BitTorrent saw the biggest declines this week.
Towards the end of another trading week, Solana (SOL)-based coins emerged as the cryptocurrency asset with the most gains in seven days.
Here is a list of AMBCrypto’s biggest winners and losers from March 10th to 17th.
biggest winner
Book of Memes (BOME)
The newly launched Solana-based meme coin Book of Memes (BOME) led the cryptocurrency market as the asset with the most gains last week.
The value of the token, which was trading at $0.019 at the time of press, has increased by more than 2000% in the past seven days.
Developed by Darkfarms, the creators of Pepe (PEPE), BOME was released on March 10th and began pre-sale on March 13th.
After being listed on Binance on March 16, the price soared to an all-time high of $0.028 on the same day, resulting in a 29% price correction.
0x Protocol (ZRX)
sugar CoinMarketCap’s According to the data, 0x Protocol (ZRX) recorded an impressive weekly gain of 106%, making it the second highest-performing asset last week.
The token started the week with a value of $0.65, according to the data provider.
While the rest of the market was flat, with major coins like Bitcoin (BTC) and Ethereum (ETH) posting losses of 5% and 10%, ZRX gained triple digits in value.
At the time of writing, the altcoin is trading at $1.36 and has seen a 60% increase in trading volume over the last 24 hours.
Jupiter (JUP)
Jupiter (JUP), the token that powers Solana-based decentralized exchange (DEX) Jupiter, ranked third on the list of highest-grossing assets last week.
Trading at $1.34 at the time of press, the value of the token has increased by 77% over the period under review.
During the week, the token rose to a 30-day high of $1.5 on March 16 before adjusting below $1.4.
As of this writing, the token’s market capitalization was $1.81 billion.
biggest loser
Shiba Inu (SHIB)
After a prolonged rally, Shiba Inu (SHIB) emerged as the cryptocurrency asset with the biggest losses last week.
Its value has fallen 27% over the past seven days, trading at $0.00002556 at press time.
Earlier this week it was trading at $0.000035. However, as SHIB’s daily trading volume plummeted, its value also fell.
sugar of santimement Data shows that SHIB’s daily trading volume fell by more than 25% during the period under review.
An evaluation of the price performance on the daily charts revealed a downward intersection of the MACD line and the signal line on March 15, which means that the bears have regained market dominance.
Likewise, over the past seven days, SHIB’s Awesome Oscillator has been posting upward-pointing red histogram bars. This means a significant shift in momentum from bullish to bearish and a surge in selling of coins.
Source: SHIB/USDT on TradingView
Bitcoin SV (BSV)
AMBCrypto found that BSV started the week at an impressive $112.
However, due to the statistically positive correlation between BTC and BSV, which experienced a sharp decline below the $70,000 price level on March 14, the price began a downward trend on the same day.
Due to increased selling of the coin, the value of BSV fell below $85 by the end of the week. Trading at $81 at the time of press, the altcoin was trading at its lowest level since early March.
BitTorrent (BTT)
BTT, the token that powers BitTorrent, a popular peer-to-peer (P2P) file sharing and torrenting platform, ranked as the asset with the third highest weekly loss, according to CoinMarketCap.
Between March 10 and 17, the value of altcoins fell 27%. BTT has been on a downward trend for the past seven days, with no attempt to recover during the week.
BTT has extended its losses as of this writing, plummeting 14% in the last 24 hours. Trading volume decreased by 5% during that period.