- ApeCoin, Dogecoin and cats in a world of dogs are the biggest winners of the past week.
- Popcat, Bittensor and Maker are the biggest losers of the last week.
The last 24 hours have been eventful for ApeCoin (APE), which took the top spot as the biggest gainer of the week. This performance coincided with Bitcoin (BTC) finally breaking through the $68,000 mark after weeks of stagnation.
While Dogecoin (DOGE) joined the ranks of the week’s gainers, Popcat (POPCAT) found itself at the other end of the spectrum, topping the list of top losers.
The biggest winners
ApeCoin (APE)
The last 24 hours have proven to be crucial for ApeCoin. Analyzing its price chart, it becomes clear that its impressive run began in the previous trading session.
The chart below shows that APE increased by 18.21%, from $0.73 to over $0.80. At the start of the week, ApeCoin was trading around $0.72, with minimal movement. However, by the last trading session, the APE had taken off.
Source: TradingView
According to CoinMarketCap, ApeCoin surged more than 60% in the last 24 hours and is the biggest gainer of the week, growing almost 68%.
Currently, APE continues its upward trend, with its price currently hovering around $1.20, a level it has not reached in over three months.
Bullish momentum is evident, with the Relative Strength Index (RSI) indicating an overbought condition.
Interestingly, ApeCoin experienced a token unlock over the past week, which did not hamper its performance. Its volume soared more than 2,500% in the last 24 hours, with trading volume surpassing $856 million.
Its market capitalization is approaching $920 million.
Dogecoin (DOGE)
Dogecoin occupies the second place in the ranking of winners of the week. Although it started the week with a slight decline, trading around $0.11, DOGE saw a continued uptrend throughout the week, reaching a high of $0.14.
Data from CoinMarketCap showed that Dogecoin gained over 27% during the week. However, at press time, DOGE saw a slight pullback, trading 1% lower at $0.14.
Its market capitalization stood at $20.7 billion, down 2% in the past 24 hours, while its volume fell 29%, now at $1.5 billion.
cat in a world of dogs (MEW)
Another memecoin, cat in a dogs world (MEW), secured the position as the third biggest gainer of the week, with a gain of almost 25%.
MEW started the week at around $0.006 and gradually climbed to $0.008 by the end of the week, peaking at $0.009 before stabilizing.
Its trading volume was down more than 51%, to $72 million at press time, while its market cap hovered at $761 million.
Top 500 winners
Among the top 500 crypto assets, Goatseus Maximus (GOAT) led the charge with a 310% increase over the past week. MATH (MATH) followed with an impressive 180% gain, while Virtual Protocol (VIRTUAL) rounded out the top three with a 151% rise.
The biggest losers
Popcat (POPCAT)
Popcat (POPCAT) was the biggest loser of the week. It started the week around $1.30, experiencing a decline of 6.8%.
Although POPCAT saw some gains during the week, they were offset by larger losses, leading to an 8% decline by the end of the week, closing at $1.20.
Source: TradingView
Despite the decline, POPCAT remained above its 50-day and 200-day moving averages, maintaining an uptrend according to its RSI.
Data from CoinMarketCap shows that POPCAT fell almost 16% during the week. Its market capitalization currently stands at $1.2 billion, with an 8% decline in trading volume, now at $85 million.
Bittensor (TAO)
Bittensor (TAO) was the second biggest loser of the week, dropping 14%. TAO started the week at $658.7 but suffered significant losses, ending the week at $557.
TAO’s market capitalization stands at $4.1 billion, down 1% in the last 24 hours, while its trading volume is around $92 million, down 16%.
Manufacturer (MKR)
Rounding out the top three biggest losers is Maker (MKR), which saw a decline of almost 11%. MKR started the week at $1,354 but fell to $1,214 by the end of the week.
Over the past 24 hours, Maker’s trading volume decreased by 18%, to $52 million. Its market capitalization remains above $1 billion.
Top 500 losers
Among the top 500 assets, Moodeng (MOODENG) was the biggest loser, falling 34%. Neiro Ethereum (NEIRO) followed closely with an additional 34% loss, and the SPX 6900 (SPX) saw a decline of almost 32%.
Interestingly, NEIRO and SPX were among the biggest gainers in the previous week.
Conclusion
Here’s the weekly recap of the biggest winners and losers. It is essential to keep in mind the volatile nature of the market, where prices can change quickly.
So it is best to do your own research (DYOR) before making any investment decisions.
