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Home»ALTCOIN NEWS»Weekly winners and losers in the cryptocurrency market – LINK, PENDLE, MANTLE, JUP
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Weekly winners and losers in the cryptocurrency market – LINK, PENDLE, MANTLE, JUP

By Crypto FlexsFebruary 4, 20243 Mins Read
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Weekly winners and losers in the cryptocurrency market – LINK, PENDLE, MANTLE, JUP
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  • Flare, Pendle, and Chainlink had the biggest gains this week.
  • Jupiter, Manta Network, and SATS emerged as the biggest losers this week.

This week has seen both successes and setbacks for the cryptocurrency market. Below is a list of AMBCrypto’s biggest winners and losers from January 28 to February 3.

biggest winner

flare

The biggest winner this week was Flare (FLR), according to data from CoinMarketCap.

AMBCrypto’s analysis of FLR shows that it began the week on January 29th trading at around $0.022 and ended February 3rd at around $0.027.

This upward trajectory represented the largest increase of the week, with an impressive gain of almost 36%.

At the time of writing, FLR was trading around $0.028, reflecting a further gain of over 5%. The market capitalization was approximately $928.5 million.

pendle

Pendle (PENDLE) had the second biggest gain this week. It started this week with a trading value of around $2.57 and closed above $2.9.

This notable increase amounted to an impressive increase of almost 22%. According to AMBCrypto’s latest data analysis, its market capitalization is approximately $673.6 million.

However, PENDLE started the new week on a downtrend, trading at around $2.8 at press time and reflecting a decline of more than 3%.

chain link

Chainlink (LINK) has had notable performance throughout the week, starting around $15 and rising above $17. According to our analysis, this week’s increase was approximately 21%.

At press time, LINK continued to trade around $17.7, reflecting an increase of less than 1%. Notably, among the top gainers, Chainlink had the largest market capitalization.

At the time of this writing, its market capitalization was approximately $10.4 billion.

biggest loser

Jupiter

After the airdrop earlier in the week, Jupiter (JUP) started trading around $1.27. However, by the end of the week, the price had fallen to around $0.57, a significant loss of over 65%.

At the time of writing, Jupiter is trading around $0.54, marking the start of the new week with a loss of more than 5%. The market capitalization is estimated at approximately $740.6 million.

manta network

AMBCrypto’s analysis of Manta Network (MANTA) shows a promising start to the week, with the stock trading around $3.7.

However, by the end of the week, the token had fallen more than 28%, settling at around $2.9.

This downward trend has continued at the time of writing, with MANTA trading at around $2.6 at press time, reflecting a further decline of over 9%.

The market capitalization was approximately $671 million, and the decline in value also had an impact on the market capitalization.

tottenham

Like other assets in this category, SATS (1000SATS) started the week on a positive note, trading around $0.00051.

After experiencing further gains during the week, it reached around $0.00054 before the decline began on February 2nd. By the end of the week, it had fallen to around $0.00043, a decline of more than 19%.

This downward trend continues at the time of writing, with a further decline of over 9%. Additionally, at the time of this writing, SATS had a market capitalization of approximately $858.8 million.

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.

Next: What Cardano Investors Need to Do to Enjoy Profits

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