Crypto market’s weekly winners and losers – WIF, PEPE, SUI, CORE

Helium, dogwifhat, and Pepe had the biggest gains in the week.
Sui, Core, and Pyth Network were the biggest losers for the week.

Over the past seven days, Helium (HNT) achieved the highest price increase among all the cryptocurrencies, landing it on the most successful weekly performers. Pepe (PEPE) continued its strong showing and made another appearance on the list. Unfortunately, Sui Network (SUI) underperformed significantly, earning a spot as the biggest loser for the week.

Biggest winners

Helium

Starting on the 28th of April, HNT’s trading began around $4.62. By the close of that day, it had climbed up to $5.15, signaling a promising start to the week.

As a crypto investor looking back on the price action, I noticed that the uptrend persisted the day after my initial analysis, reaching a high of approximately $6 on the 29th of April. However, by the end of the week, the price had retreated slightly to around $5.59.

As a crypto investor, I’m thrilled to share that my portfolio performed exceptionally well this past week according to CoinMarketCap rankings. I experienced a notable increase of approximately 21%, moving up the charts and solidifying my number one spot.

In my current update, the stock was valued around $5.48, showcasing a market capitalization exceeding $881.6 million.

The market value of the company grew by 2% within the last 24 hours, accompanied by a substantial 18% rise in trading activity. At the moment of reporting, this amounted to a significant volume of $20.2 million.

dogwifhat

As a crypto investor, I’m thrilled to share that my investment in dogwifhat (WIF) had a prosperous walk in the digital market this week. Based on CoinMarketCap’s latest report, dogwifhat claimed the second-largest weekly growth with an astonishing 20.74% surge.

The initial analysis of WIF‘s price movement showed that it started the week around $2.6. But, over the next two days, its value took a downturn, reaching a low of $2.2.

As a researcher, I’m pleased to note that starting from the 1st of May, there was an upward shift in the market trends. By the end of the week, the price had stabilized around the $3.4 mark.

As I pen this down, the price hovered around the $3.4 mark. Moreover, the figures indicated a market capitalization exceeding $3.4 billion, signifying a nearly 4% growth within the past day.

Its trading volume was over $500 million.

Pepe

PEPE once again emerged victorious, claiming a place amongst the leading weekly profit makers for another term, bringing joy to its investors.

The analysis conducted by AMBCrypto on their daily chart showed a solitary decrease in value over the last week, which was subsequently followed by multiple upward trends that effectively reversed the loss.

As a researcher analyzing Pepe’s cryptocurrency price trends, I observed that the value started at roughly $0.0000072 around the beginning of the week. There was a minimal gain of less than 1% during this period. However, a significant downturn of over 9% transpired on the 30th of April.

From the 1st of May onwards, the price of this asset experienced a string of upward surges, reaching around $0.0000086 by the end of the week.

Pepe experienced a significant surge, placing him as the third-best weekly growth leader with a noteworthy advancement of more than 15%.

Crypto market’s weekly winners and losers – WIF, PEPE, SUI, CORE

Currently, PEPE is experiencing a dip in value, with a decrease of more than 2% in price as indicated by CoinMarketCap. Its market capitalization, which was above $3.5 billion, has also shrunk by over 2%.

The trading volume for it dropped by more than 26% within the past 24 hours, now amounting to around $917 million.

Biggest losers

Sui

SUI has experienced persistent underperformance over an extended timeframe, resulting in its current leading position among the worst-performing entities during the last seven days.

Based on the analysis by AMBCrypto, the cryptocurrency’s price has been declining since the 23rd of April, with brief rallies not managing to halt the predominant downward trend.

According to AMBCrypto’s analysis of the chart, Sui began the week on April 28th around $1.20, experiencing a minimal gain of almost nothing (approximately 0.1%).

By the week’s conclusion, the price had dropped significantly to approximately $1.00, representing a decrease of 1.89%. This equates to a startling 15.37% reduction in value based on CoinMarketCap’s data.

Crypto market’s weekly winners and losers – WIF, PEPE, SUI, CORE

A closer look at the graph uncovered that its price line now falls beneath the blue moving average line, highlighting the significant decline in its value.

In the moment it was penned down, the stock was valued at roughly $1 with a drop of nearly 3% in value.

At the point of this writing, its market capitalization stood approximately at $2.4 billion, marking a decrease of more than 3%. Additionally, its trading volume saw a drop of over 25%.

Core

Based on information from CoinMarketCap, CORE was the second most significantly decreased cryptocurrency over the last week. The value of CORE started at around $2.30 on April 28th, as observed through an examination of its pricing trend.

As a crypto investor, I observed the price of my investment dropping to $2.10 by the close of the day, signaling a downward trend that persisted throughout the following week.

As a crypto investor, I’ve observed that by the 4th of May, the price of my investment had dropped significantly to $2.00. This unfortunate event resulted in a weekly loss of 13.38%. Regrettably, its downtrend persisted at the time of writing, with the price hovering around $1.90.

As a researcher, I’ve found that the company’s market capitalization surpassed $1.7 billion, indicating a decrease of approximately 4% when I conducted my analysis.

Pyth Network

Last week, Pyth Network (PYTH) started off at approximately $0.59 but later dipped to around $0.58 by the week’s conclusion.

The price continued to drop during the week, reaching approximately $0.53 by its end. This represented a significant decrease of 12.10%, making it the third-largest losing asset according to CoinMarketCap’s data.

Currently, the price was hovering around $0.52 during my composition of this text, indicating a declining trend as the new week commenced.

The market capitalization of this entity dropped by more than 2% within the past 24 hours, reaching above $784 million. Likewise, there was a significant decrease in trading volume, amounting to over 19%, which was approximately $52 million.

Conclusion

In this week’s market summary, I’d like to highlight the stocks that experienced significant gains and losses. Keep in mind that markets are inherently unpredictable, with prices frequently fluctuating.

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

2024-05-05 22:16