Top Crypto Gainers & Losers of The Week

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As a seasoned crypto investor with several years of experience in this volatile market, I’ve learned to keep an eye on the gainers and losers each week. This week, the market has shown signs of declining bullishness, with the fear and greed index shifting from greed to neutral, and Bitcoin price taking a hit. However, every downturn presents opportunities for gains, and this week is no exception.

The cryptocurrency market’s enthusiasm is waning, as indicated by a shift from greed to neutral on the fear and greed index, which in turn caused Bitcoin‘s price to decrease. This trend isn’t confined to Bitcoin, as evidenced by the decline in the total market capitalization and trading volume. Notably, several cryptocurrencies experienced losses while only a few managed to gain ground amidst the market’s downturn.

In this sector, downturns present chances for acquisition, while uptrends provide possibilities for disposal. Now, let’s examine the leading cryptocurrencies with significant price increases and decreases over the past week.

Crypto Gainers of The Week

Amidst the downward trend in the crypto market, some digital currencies have managed to buck the trend and record impressive gains. I’m excited to share that Oasis, Uniswap, and Notcoin have emerged as the top performers of the week for me as an investor.

1.Oasis (ROSE)

As a crypto investor, I’ve observed with excitement how the price of Oasis has significantly risen over the past few months, even in a downward market trend. This week alone, it has experienced a remarkable 19% growth, reaching a current value of $0.1246. However, there is still a long road ahead for this altcoin as its worth remains 80% below its all-time high of $0.5964, which was reached nearly two and a half years ago.

2.Uniswap (UNI)

As a crypto investor, I’m excited to see Uniswap making significant strides this week. The token’s price has surged from a low of $8.89 to its current value of $11.51, representing a 13% increase within just a few days. In the span of a month, UNI has managed to gain 58% in value. This growth is reminiscent of Uniswap’s rally from March, when its price skyrocketed to reach $15.39. The decentralized exchange platform is showing promising signs of another potential price surge.

3.Notcoin (NOT)

Since reaching its highest point at the beginning of June, Notcoin’s price has surged once more, making it one of the most significant crypto gainers this past week. Following a correction after hitting an all-time high of $0.02896 just a few days ago, the NOT token now trades at $0.0212, marking a 12% increase in value over the last seven days. Since its debut in May 2024, Notcoin has yielded a profit of an impressive 96%.

Crypto Losers of The Week

In recent market downturns, losses have outweighed gains, resulting in a higher count of cryptocurrencies experiencing decreases as opposed to increases. According to Coinmarketcap, Wormhole, FLOKI, and ORDI are among the top cryptocurrencies that have suffered significant losses this week.

1.Wormhole (W)

Wormhole, the cryptocurrency with the largest loss this week, has experienced a significant drop of 32%, bringing its current value down to $0.4611 – the lowest since it debuted in the market. An even more disconcerting development for holders is the recent all-time low of $0.4397 reached just recently.

2.FLOKI (FLOKI)

It’s disappointing for investors that the value of FLOKI has dropped significantly since it reached an all-time high of $0.0003462. At present, the price is at $0.0002047 following a 25% decrease over the past week. Despite this setback, there’s still hope for a potential recovery as bullish sentiment remains for FLOKI.

3.ORDI (ORDI)

In the monthly price graph, ORDI has experienced a substantial 23% rise, reaching a current value of $45.67. Nevertheless, it’s essential to note that ORDI isn’t among the gainers in the crypto market; instead, it has suffered a significant loss. The price plummeted approximately 24% within a short time frame due to the recent market downturn. Previously, ORDI boasted a high of $96.17, but its value has now dropped more than half (52%).

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2024-06-17 11:12