Biggest Crypto Gainers & Losers of The Week

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As a seasoned crypto investor, I have seen my fair share of market swings and price volatility. May was an intriguing month in the crypto world, with some coins reaching new peaks while others corrected their values. Among all, Pepe Coin stood out as the star performer, more than doubling in value and making it to the top 20 cryptocurrencies.

As a crypto investor, I’ve observed that May was an intriguing month in the cryptocurrency market. It brought about a perfect blend of gains and losses, with certain digital currencies reaching new heights, while others underwent correction. Among them, Pepe Coin truly stood out, nearly doubling in value, creating new records, and breaking into the top 20 cryptocurrencies. The month has come to an end, but the excitement is palpable as we welcome June. However, before making any investment decisions, it’s crucial to stay informed about the biggest crypto gainers and losers of the current week.

Biggest Crypto Gainers of The Week

As an analyst, I’ve observed that despite the volatile crypto market following Ethereum ETF approval, a select few digital currencies have managed to rise above the fray and set new highs. In contrast to the multitude of bullish cryptocurrencies, JASMY and BGB have emerged as the standout gainers of the week.

1.Notcoin (NOT)

As an analyst, I’m excited to report that Notcoin has claimed the top spot among crypto gainers this week with a remarkable surge of 163%. Moreover, in the last 24 hours, NOT experienced a significant boost, increasing by 24%, which raised its price to $0.01415. At present, Notcoin is only 2% shy of reaching its all-time high target of $0.01445 that was established during its launch.

2.JasmyCoin (JASMY)

JASMY experienced a significant decline soon after its debut, currently sitting at just 3% of its initial value. However, the past week has seen a bullish trend for JasmyCoin, with a 67% price surge making it the second-largest crypto gainer of the week. In addition, within the last 24 hours, JASMY‘s value has increased by 17%, and its current trading price is at $0.03554.

3.Bitget Token (BGB)

This week, Bitget’s token experienced a significant 28% surge, reaching a new peak price of $1.48 just a few hours ago. The uptrend started on the 27th, lifting the token from its previous low of $1.1. Currently, the BGB price is pulling back slightly from its record high. However, there are bullish indicators that could potentially propel the altcoin’s value even higher.

Biggest Crypto Losers of The Week

Unlike some cryptocurrencies that experienced significant gains this week, others saw substantial drops. The crypto market exhibited less enthusiasm compared to the previous week, resulting in decreased values for various cryptocurrencies, including big names like Bitcoin and Ethereum. Even PEPE‘s price trended downward towards the end of the week.

Cryptocurrencies like CORE, AKT, and THETA are the biggest crypto losers this week.

1.Core (CORE)

I’ve noticed that Core DAO has experienced a significant decrease in value recently, causing it to drop from a peak of $2.47 down to $1.95. The price fluctuations have persisted for an extended period, and the current price is now about 69% lower than during its best-performing days.

2.Akash Network (AKT)

As a researcher studying the cryptocurrency market, I’ve observed some noteworthy fluctuations this week. Akash Network (AKT) experienced an intriguing journey, starting the month strong with a price above $6. However, it took a downturn and currently hovers around $4.65 following a 12% decline.

3.Theta Network (THETA)

As an analyst, I’ve observed that despite the bullish market conditions in March, THETA‘s value remained unchanged, having been down for years. Although it reached a peak during this period, the price of THETA failed to reach one-third of its all-time high (ATH) of $15.90. Unfortunately, following an 11% drop, the current price has fallen further and now sits at $2.09.

The crypto market is known for its volatility, with price shifts occurring rapidly and frequently. Despite the unpredictability, every setback presents potential for profit as market circumstances can suddenly shift in favor of investors.

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2024-06-02 11:10