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

Bitcoin Hits New All Time High – Is $150,000 The Next Target

News | Bitcoin | Editor Choice

Bitcoin Hits New All-Time High – Is $150,000 the Next Target?

Bitcoin sets a new all-time high, wiping out nearly $1 billion from short sellers, while analysts predict the rally could push BTC to the $150,000 mark.

Bitcoin Surpasses Google To Become The Sixth Most Valuable Asset Globally

Bitcoin | Editor Choice

Bitcoin Surpasses Google to Become the Sixth Most Valuable Asset Globally

After reaching the milestone of 111,900, Bitcoin has once again surpassed tech giant Google to become the sixth most valuable asset globally by market capitalization.

Donald Trump Jr. Invests In Social Media Marketing Firm With Bitcoin Treasury Strategy

News | Bitcoin | Editor Choice

Donald Trump Jr. Invests in Social Media Marketing Firm with Bitcoin Treasury Strategy

Donald Trump Jr. has made headlines by investing millions of dollars in Thumzup Media — a social media marketing company embracing Bitcoin as part of its corporate treasury strategy.

Bitcoin Hits New All Time High

News | Bitcoin | Editor Choice

Bitcoin Hits New All-Time High

Bitcoin surpassed the $112,000 mark for the first time ever, setting a new all-time high driven by a massive short squeeze and soaring global investor demand amid growing economic and geopolitical uncertainty.

Thanks To Bitcoin, Metaplanet Surpasses Toyota And Sony In Trading Volume

Bitcoin | Editor Choice

Thanks to Bitcoin, MetaPlanet Surpasses Toyota and Sony in Trading Volume

MetaPlanet's stock in Japan is leading in trading volume, attributed to the company's leadership in the digital asset trend.