- Stellar (XLM), Hedera (HBAR), and Tezos (XTZ) were the biggest gainers in the crypto market over the past week.
- Popcat (POPCAT), Dogwifhat (WIF), and Bonk (BONK) ended the week as the biggest losers.
- Big Dog Fink (BINK), Dolos The Bully (BULLY), and We Love Tts (TITS) were the top gainers outside the top 100 cryptocurrencies by market cap.
The cryptocurrency market saw significant price movements this past week. While some soared to new heights, others struggled under selling pressures. This article looks at the biggest gainers and losers over the past 7 days.
Stellar Dominates With Massive Gains
Stellar (XLM) emerged as the top performer with a 190% surge in the last week. XLM started around $0.19 but strong buying activity drove it to $0.52 by week’s end. At press time, XLM was trading at $0.58, showing remarkable momentum and breaking past key resistance levels.
Hedera Hashgraph Surges Over 70%
Hedera Hashgraph (HBAR) marked a stellar 76% gain over the past week, making it the second-highest gainer. HBAR started the week around $0.08 but spiked to $0.14 midweek. It closed the week around $0.15 with bullish sentiment intact. HBAR’s trading volume declined over 26% in the last 24 hours but its market cap neared $5.8 billion.
Tezos Makes It Two Straight Weeks In Top Gainers
Closing out the top gainers is Tezos (XTZ), gaining over 69% this past week. XTZ started around $0.79 but spiked 47% to $1.17 the next day. It ended the week at $1.15 after a 2% increase. At press time, XTZ spiked 22% to $1.40 on surging volume, taking its market cap to $14 billion.
Popcat Plummets Over 18%
Popcat (POPCAT) faced heavy selling pressure, dropping 18% to become the biggest loser. After starting positively around $1.19, POPCAT declined significantly to end the week at $1.14. Bearish momentum persists with POPCAT remaining below key levels. Its market cap was around $1.46 billion.
Dogwifhat Loses Crucial Support
Dogwifhat (WIF) recorded a 14% decline to become the second-largest loser. WIF struggled to stay above $3.50 and ended the week around $3.32 after starting at $3.60. Currently trading at $3.30, WIF appears range-bound unless it can recover above $3.50 or slides toward its 50-day moving average around $3.00. Its market cap declined 2% to $3.3 billion.
Bonk Completes Memecoin Washout
Bonk (BONK) rounds out the top losers with a 10% decline this past week. After spiking to around $0.000005, its highest in months, BONK relinquished gains to end the week at $0.00004. Bearish momentum has persisted for BONK with its market cap down 5% to around $35.6 billion.
In summary, cryptocurrency markets saw significant price swings this past week. Stellar, Hedera and Tezos led the gainers while memecoins Popcat, Dogwifhat and Bonk were the biggest losers. As always, do your own research before making any investment decisions in this volatile market.
