- Notcoin, Uniswap, and Oasis were the biggest winners of the past week.
Wormhole, Floki, and ORDI had the biggest losses of the past week.
As a seasoned crypto investor with a knack for analyzing market trends and price movements, I’ve closely monitored the past week’s developments in the cryptocurrency space. Based on my analysis, Notcoin (NOT), Uniswap (UNI), and Oasis (ROSE) were the biggest winners of the past week, while Wormhole (W), Floki Inu (FLOKI), and ORDI experienced significant losses.
As a crypto investor, I’ve noticed an intriguing development in the past week. Notcoin managed to take the lead among the top performers, an achievement that’s quite remarkable given that only one of its top three assets failed to crack the top 50 in market capitalization rankings.
Among the top three cryptocurrencies with the greatest losses during the past week, Floki Inu (FLOKI) stood alone as the only asset in the top 50 by market capitalization.
Biggest Winners
Notcoin [NOT]
“By the end of last week, Notcoin emerged as the top performer, kicking off the new week on a strong note. A closer look at its price history revealed that it initiated the week around $0.019.”
The chart indicated a dip to around $0.016 during the week.
By the close of the week, the value of Notcoin surpassed $0.020, marking a significant increase. Based on information from CoinMarketCap, Notcoin demonstrated the most substantial growth among all tracked assets during the previous seven days, amounting to a 14.19% price hike.
From my perspective as a crypto investor, Notcoin currently boasts a market capitalization exceeding $2 billion, representing a 2% growth within the past 24 hours. On the other hand, its trading volume surpasses the $1 billion mark, yet it has experienced a significant decline of over 25% during this same time frame.
Uniswap [UNI]
UNISwap’s analysis by AMBCrypto on a daily chart revealed an eventful week for the cryptocurrency. The chart depicted UNI initiating the week with a decline of approximately 2% and a value around $9.8.
On the 10th of June, the price of the asset showed signs of rebounding, surging by more than 5% and reaching above $10. However, the following day witnessed a significant drop.
The chart showed a drop of over 13%, dragging its price down to around $8.9.
The following day, Uniswap’s price bounced back to the $10 mark, registering an over 12% surge. By the close of the week, Uniswap was valued around $11.5, representing a weekly gain of approximately 10.5%.
According to data from CoinMarketCap, it was the second-highest gainer, with a 14.07% increase.
At present, Uniswap is approximated to be transacting at roughly $11.4. There’s been a slight drop in value. According to current figures, its market capitalization hovers around $6.9 billion, representing a growth of over 4% within the past 24 hours.
Its volume is over $320 million but has decreased by around 13% as of this writing.
Oasis [ROSE]
As a market analyst, I’ve observed significant growth for Oasis [ROSE] over the past week. According to CoinMarketCap, this cryptocurrency was the third-largest gainer, recording a noteworthy increase of 11.13%.
According to AMBCrypto’s analysis, ROSE commenced the week at approximately $0.115. Yet, it encountered fluctuations and dipped down to nearly $0.10 during this period. At a certain moment, its value peaked at around $0.13.
After reaching roughly $0.12 by the end of last week, ROSE now hovers around $0.117 in current trading, reflecting a slight decrease.
Biggest losers
Wormhole [W]
According to AMBCrypto’s examination, Wormhole suffered the most significant loss among all cryptocurrencies last week. The data from CoinMarketCap revealed a decrease of approximately 29.92% for Wormhole within that timeframe.
I noticed an intriguing trend in W‘s chart at the beginning of the week when it was priced around $0.64. Unfortunately, as the days passed, its value took a downward turn, and by Friday, its price had slipped to approximately $0.45.
At the present moment, Wormhole’s price was hovering near $0.45. Additionally, an evaluation revealed that its market capitalization had dropped by nearly 2%, amounting to approximately $813 million according to current reports.
Additionally, its trading volume was 50.6 million, having decreased by over 40%.
Floki Inu [FLOKI]
As an analyst, I examined AMBCrypto’s daily analysis of Floki Inu (FLOKI). The chart suggested a noticeable decline, revealing only one day of price growth over the past seven-day period.
I analyzed the market trends this past week and noted that the asset experienced a significant decrease of more than 5% initially, with its value hovering around $0.00026. However, by the end of the week, it demonstrated a rebound, managing to increase its value by over 1%. Consequently, its trading price settled around $0.00020.
The RSI reading of FLOKI, as calculated by us, was less than 40. This signifies a robust downward trend for the stock, given its substantial price decrease over the recent period.
Additionally, the memecoin had broken its support level, suggesting that its price could go lower.
As a researcher examining the cryptocurrency market trends, I’ve discovered some intriguing data from CoinMarketCap. Among the top contenders for largest weekly losses, FLOKI emerged as the second-most affected coin with a staggering 29.04% decline. With an initial market capitalization surpassing $1.9 billion, this cryptocurrency also experienced a more recent setback of over 2% within the last 24 hours.
As an analyst, I would put it this way: The trading volume amounted to roughly $169 million during the previous period, representing a significant decrease of nearly 40% within the past 24 hours.
ORDI [ORDI]
ORDI [ORDI] was the third-largest loser, with a 25.61% decline, according to CoinMarketCap’s data.
As a researcher observing the market trends, I noticed that ORDI began the week priced approximately at $59. However, its value took a turn for the worse, dipping steadily with occasional brief recoveries. By the closing days of the week, the price had dropped to around $45.
The market capitalization of the company was around $948 million, representing a decrease from its previous figure. The trading volume amounted to about $96.2 million, marking a significant drop of more than 38% compared to before.
Conclusion
As a crypto investor, I closely monitor the market’s fluctuations every week. Let me share with you some significant gains and losses that have caught my attention. Keep in mind, though, that this market is known for its volatility, meaning prices can change rapidly.
Thus, doing your own research (DYOR) before making any investment decisions is best.
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2024-06-16 22:16