Weekly Crypto Market Watch: Top Tokens Gainers And Losers

The cryptocurrency market has experienced an impressive week of growth, with Bitcoin leading the way by surging over $44,000. This marks 8th consecutive week of growth for Bitcoin

Weekly Crypto Market Watch: Top Tokens Gainers And Losers_65d5cdb5b9540.webp

The cryptocurrency market has experienced an impressive week of growth, with Bitcoin leading the way by surging over $44,000. This marks 8th consecutive week of growth for Bitcoin, with the market’s greed index maintaining at 80 points.

1702223586

Among the top 100 ranked tokens on CoinMarketCap, top 10 all had an increase of more than 30%. BitTorrent (New) (BTT), Bonk (BONK), and Helium (HNT) demonstrated the most impressive upward momentum. Specifically, BitTorrent (New) BTT increased by a remarkable 177.95.44% in value compared to the previous Sunday, currently standing at $0.000001337 USD. This means that investors who put $100 into BTT over the weekend could have gained nearly $178 in profit.

In addition to BitTorrent (New) (BTT), Bonk (BONK) also saw a substantial increase of nearly 141.16% in value over the past week. For BONK, a $100 investment could yield a return of $141.

Helium (HNT)’s token, also belonged to the top-performing group, with a current price of $4.78USD, reflecting a 66.86% increase compared to the previous Sunday.

Other notable tokens in the top 10 with significant gains over the past week include ORDI (ORDI) with a 59.65% increase, Cardano (ADA) with a 52.47% increase, Avalanche (AVAX) with a 51.74% increase,  Beam (BEAM) with a 41.09% increase, Polkadot (DOT) with a 31.77% increase, Pepe (PEPE) with a 31.66% increase, and The Sanbox (SAND) with a 31.33% increase. ORDI and BEAM showed impressive performances with 2 consecutive weeks of growth in the top 10 gainer.

1702224577

On the flip side, while some tokens experienced decreases over the past 7 days, the declines were not substantial. The three tokens with the most significant decreases were dYdX (ETHDYDX) down 12.74%, IOTA (IOTA) down 11.56%, and Kaspa (KAS) down 8.17%.

In which Thorchain (RUN), IOTA (IOTA) and Oasis Network (ROSE) were in the top 10 growth last week, this week they are in the top 10 price decline. Bitget (BGB) and DYDX were in the top 10 declines for 2 weeks in a row

1702224653

In addition to price movements, here are some noteworthy developments in the cryptocurrency market that investors are paying attention to:

1. Bitcoin Options Hit Record High as Price Briefly Surpasses $44,000

2. XRP’s Potential Upswing: Analyst Envisions 120% Price Rally

Join AZC.News today to stay updated on the latest news in the cryptocurrency world! Whether you’re a seasoned investor or just getting started, AZC.News provides comprehensive coverage of market trends, price movements, and important developments in the crypto space. Don’t miss out on crucial information that could impact your investment decisions. Stay informed, stay ahead – join AZC.News now!

(100 votes)

5.0/5

(100 votes)

Latest

Crypto Market Surpasses $4 Trillion, Overtakes Microsoft Amid Policy Boost

News | Altcoin | Bitcoin | Editor Choice

Crypto Market Surpasses $4 Trillion, Overtakes Microsoft Amid Policy Boost

The cryptocurrency market has surpassed $4 trillion in market capitalization for the first time, overtaking Microsoft, driven by supportive U.S. policies and a surge in investments from both individuals and institutions.

Bitcoin Consolidation Before A Breakout To $135,000

News | Bitcoin | Editor Choice

Bitcoin Consolidation Before a Breakout to $135,000?

Technical charts suggest that Bitcoin (BTC) is entering a consolidation phase and may continue trading sideways for a while before launching a fresh upward move.

Sharplink Gaming Becomes The Largest Holder Of Eth

Bitcoin | Editor Choice

SharpLink Gaming Becomes the Largest Holder of ETH

SharpLink Gaming has officially become the largest holder of ETH, with 280,706 ETH (valued at approximately $858 million at a price of $3,000 per ETH).

Bitcoin Corrects Sharply After New Ath, Is $136,000 Still In Sight

News | Bitcoin | Editor Choice

Bitcoin Corrects Sharply After New ATH, Is $136,000 Still in Sight?

Bitcoin has just reached a new all-time high but quickly faced a sharp correction, raising the question: is this merely a short-term pullback or the start of a deeper downtrend?

Should You Dca Bitcoin At This Time

Bitcoin | Editor Choice

Should You DCA Bitcoin at This Time?

After Bitcoin reached an all-time high of over $120,000, many investors are questioning whether they should dollar-cost average (DCA) at this time.