- Pepe, Dogwifhat and Shiba Inu were the biggest winners of the week.
- Monero, Kaspa and Artificial Superintelligence Computer lead the losers’ rankings.
This week’s biggest crypto gainers were largely dominated by memecoins, with six of the top ten gainers falling into this category.
The chart, which analyzed the top 100 cryptocurrencies, also highlighted Kaspa (KAS) on the losing side, continuing its decline from the previous week.
The biggest winners
Pepe (PEPE)
Pepe (PEPE) started the week with a 4% decline, hinting at a potential downtrend. However, it quickly reversed its trend with a 5% increase the next day.
The most notable spikes occurred on September 26 and 27, seeing daily gains of more than 12%. Pepe opened the week at around $0.000008 and closed at almost $0.00001, an additional 6% increase by the end of the week.
Data from CoinMarketCap shows that PEPE was the best-performing crypto of the week, gaining an impressive 36%. Trading volume soared to over 35 trillion PEPE tokens during the week.
As of this writing, its value is around $1.2 billion, although it has since seen a 6% decline. Pepe’s market capitalization is approximately $4.75 billion.
Dog Hat (WIF)
Dogwifhat (WIF) ranked as the second biggest gainer of the week. It started the week down, trading at around $1.69, but gradually climbed to finish at $2.37. This upward move resulted in a 34% increase, based on CoinMarketCap data.
Despite a slight pullback to $2.31 at the time of writing, Dogwifhat’s trading volume was down 20% over the past 24 hours to $386.4 million. Its market capitalization currently stands at around $2.3 billion.
Shiba Inu (SHIB)
Shiba Inu (SHIB) rounded out the top three memecoin gainers with a 33% rise for the week. Although SHIB saw declines three days out of seven, significant increases of 22% and 8% on September 26 and 27 propelled its overall performance.
SHIB opened the week at around $0.000014 and closed near $0.000019.
The recent price movement has surpassed the 50 and 200 day moving averages, which is a bullish signal. This suggests that SHIB has gained significant momentum after consolidating for a prolonged period below these averages.
Source: TradingView
The MACD shows a bullish crossover, with the MACD line (blue) crossing above the signal line (orange). Additionally, the histogram moved into positive territory, confirming increasing bullish momentum.
This crossover suggests growing strength from buyers and could indicate additional near-term upside potential if momentum continues.
Trading volume reached over 5 trillion SHIB tokens during the week. However, volume has since fallen by 40% to around $778 million. Shiba Inu’s market capitalization currently stands at $11.5 billion, down 3%.
The biggest winners of the top 500
Moo Deng (MOODENG) took the lead with a staggering 336% increase, trading at around $0.22 in the broader market. Closely followed by KARRAT (KARRAT), which rose more than 115% to $0.63. The SPX6900 (SPX) came in third with a 114% rise, trading at around $0.10.
The biggest losers
Monero (XMR)
Monero (XMR) Monero has had a rough week, showing no signs of recovery. It opened at $176.96 and fell steadily throughout the week, closing at $158.63. This represents an 11% decline, making it the biggest loser, according to CoinMarketCap.
Source: TradingView
Trading volume peaked at over 11,000 XMR on the last day, but fell to around $38.5 million, an 8% decline. Monero’s market capitalization currently exceeds $2.8 billion, reflecting a slight decline.
Kaspa (KAS)
Kaspa (KAS) had a relatively softer week than other losers, finishing with a loss of less than 2%. Although it started the week at $0.164 with a 3% decline, it rebounded slightly to close at $0.166.
Kaspa’s trading volume saw a significant drop of 50%, now standing at $37 million. Its market capitalization stands at $4 billion, down 2%.
Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance (FET) recorded a slight decline of less than 1%, making it the third biggest loser of the week. The coin opened at $1.61 and ended the week at $1.60, with fluctuating trends throughout.
Trading volume fell 30% to around $169 million, while its market capitalization fell 2% to almost $4 billion.
The biggest losers of the top 500
The biggest loser in the top 500 was Hamster Kombat (HMSTR), which fell more than 37%, trading at around $0.006. Catizen (CATI) followed with a 29% decline, trading at $0.60. Covalent X Token (CXT) saw a 27% decline, trading at around $0.10.
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.