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Home»Market»Cryptocurrency Market Weekly Gainers and Losers – TAO, FTM, KAS and ICP
Market

Cryptocurrency Market Weekly Gainers and Losers – TAO, FTM, KAS and ICP

September 22, 2024No Comments3 Mins Read
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  • Bittensor, Fantom and SUI are the biggest gainers of the past week.
  • KuCoin Token, Kaspa and Internet Computer topped the losers chart over the past week.

Bitcoin showed an interesting trend last week, but Bittensor (TAO) emerged as the biggest gainer. While the major crypto gainers saw double-digit gains, the major losers, led by KuCoin, suffered single-digit losses.

The biggest winners of the week

Bittensor (TAO)

Bittensor (TAO) had a volatile start to the week, starting with back-to-back declines of over 7% and 4%, which sent its price down to around $288.3.

However, TAO rebounded with consecutive uptrends, closing the week near $470 and posting a weekly gain of over 15%.

Bittensor Price TrendBittensor Price Trend

Source: TradingView

According to CoinMarketCap, TAO saw the biggest gain this week, up 40.5%. Its market cap was over $3.4 billion, with a trading volume of over $188 million, up over 30% in the last 24 hours.

The Relative Strength Index (RSI) remains overbought, signaling continued bullish momentum.

Ghost (FTM)

Fantom (FTM) also had an eventful week, starting at around $0.48 and climbing to around $0.67 by the end of the week.

According to CoinMarketCap, FTM was the second biggest gainer, up nearly 37%. Its market cap is over $1.8 billion, although its volume has declined by more than 8%, currently sitting at around $197 million.

Follow (SUI)

Sui (SUI) was the third biggest gainer, up nearly 34% over the past week. SUI started the week at around $1 and has climbed to around $1.4.

Its market capitalization is around $3.8 billion, although it has slightly decreased by more than 2%. Trading volume has dropped significantly by more than 50%, to $395 million at the time of writing.

This week’s biggest losers

KuCoin Token (KCS)

KuCoin Token (KCS) topped the losers list with a drop of nearly 7%, making it the biggest loser of the week, according to CoinMarketCap.

KCS started the week trading near $8.2 and steadily dropped to around $7.4 by the end of the week. Its market cap is over $896 million, up slightly by over 1%, and its trading volume is around $771,626, up over 8%.

Kaspa (KAS)

Kaspa (KAS) was the second biggest loser, falling from $0.177 to around $0.170 at the close of the week, losing over 5.6% of its value.

Its market capitalization is around $4.1 billion, down 1%, while its trading volume has decreased by more than 40%, currently around $24.2 million.

Internet Computer (ICP)

Internet Computer (ICP) saw three consecutive days of declines at the start of the week, with its price dropping to around $7.9. Despite a few positive days, ICP ended the week at around $8.5, marking an overall decline of over 5%.

Internet Computer Price TrendInternet Computer Price Trend

Source: TradingView

Despite this, ICP’s trend remains slightly bullish, with its RSI still above the neutral line. Its market cap is around $3.9 billion, down 1%, and its trading volume has dropped more than 30% to around $58.8 million.

Conclusion

Here is the weekly recap of the biggest gainers and losers. It is essential to keep in mind the volatile nature of the market, where prices can move quickly.

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

Next: Pepe’s Breakout: Could It Surpass DOGE and SHIB?



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