Top Crypto Gainers $ Losers of The Week

by

As an experienced analyst, I’ve witnessed the rollercoaster ride that is the cryptocurrency market, and this week has been no exception. The unpredictability of this asset class is a constant reminder of the risks involved but also the potential rewards.

This week and the month of June have come to an end, bringing with them a mix of ups and downs in the market. At the start of the month, bulls held sway, but their power has since waned, according to the fear and greed index. The market showed some improvement this week, resulting in both profitable crypto investments and losses.

During the past week, the total value of global market capitalization ranged from $2.2 trillion to $2.35 trillion, with a current value of $2.26 trillion. The trading volume, meanwhile, fluctuated between $30.9 billion and $99 billion, now standing at $45.39 billion. Notably, Bitcoin‘s price dipped as low as $58,000 during this timeframe, while altcoins faced similar challenges according to CoinmarketCap’s data.

Looking forward to potential improved market conditions in July, shall we explore which cryptocurrencies had impressive gains and disappointing losses during the previous week?

3 Top Crypto Gainers of The Week

Meme coins have once again taken the lead in weekly performance, consistently doing well since the start of the year. They were also the first to bounce back after the mid-June market downturn, with some even reaching new peak prices. This week’s top crypto gainers include MICHI, POPCAT, and JESUS.

1.Michi (MICHI)

Michi’s current worth stands at $0.2577 following a remarkable 155% price increase this week, making it the leading crypto gainer. This significant spike is attributed to the ongoing post-peak bullish trend, as the meme coin reached an all-time high of $0.5957 exactly a month prior.

2.Popcat (POPCAT)

Normally, Popcat’s Solana meme coin brightens up the crypto scene with a 19% increase over the past day, equating to a powerful 148% growth in a week. Currently, it is being traded at $0.6547, and its all-time high of $0.7221 is within reach, only a 9% hurdle away.

3.Jesus Coin (JESUS)

As a crypto investor, I’ve been keeping an eye on Jesus Coin since its debut in March 2023. This digital asset has truly outperformed, delivering impressive returns with a staggering gain of over 8445%! Recently, it has made its way onto the list of top crypto gainers, experiencing a robust weekly growth of 141%. As a result, its value now stands at an impressive $0.0000001456.

3 Top Crypto Losers of The Week

Meme coins led the way in weekly cryptocurrency losses, with BEFE and Turbo being the top two disappointing performers in this category.

1.BEFE (BEFE)

The price of BEFE is nearing its weekly low, having experienced a downward trend over the past week. Previously, BEFE experienced a significant rally, reaching a peak of $0.00039 – a monthly high – but since then, its value has dropped by approximately one-third to $0.0001377 following a 29% decline.

2.Turbo (TURBO)

Turbo’s value reached a record peak of $0.00978 about a month ago. However, due to the current market trend, its value has decreased by over 50%, now standing at $0.004308 – a 34% decrease in just one week.

3.SolCex (SOLCEX)

SOLCEX is making an effort to bounce back today, with its price trending upward. Nevertheless, it stands out as one of the most significant crypto losers this week, having dropped by nearly 36%. This downturn isn’t a recent development, as the SolCex chart has shown signs of consolidation for several weeks.

Continue Reading You Might Have Missed These Bullish Cryptos in June; Buy Before July

Read More

2024-06-30 11:39