- Safe, Radium, and Cats of the Dog World were the biggest winners last week.
- Immutable X, ApeCoin, and Arweave recorded the biggest losses over the past week.
Last weekend, Safe rose by almost 50%, emerging as the biggest crypto gainer. However, ApeCoin lost its mojo and went from being a profit-maker to a loser over the weekend.
the biggest winner
safety [SAFE]
Analysis of Safe daily timeframe chart [SAFE] This week showed that it started with a normal trend. However, the trend in subsequent weeks showed price fluctuations that characterized the week.
At the beginning of the week, the price was around $0.95, up more than 1%. However, the next day the price soared by over 15%, only to see a significant decline thereafter.
Our analysis shows that the price trends that characterize this week occurred on Thursday and Friday. On Thursday, the stock soared 42.13% to around $1.34. The next day saw another 10.45% spike, pushing the price up to around $1.48.
Source: TradingView
However, it ended the week down more than 1%, with the price only falling to around $1.46. The Relative Strength Index also indicates oversold status, meaning a correction could occur soon.
It rose 49%, making it the week’s biggest gainer, according to CoinMarketCap data. Its market capitalization was the lowest among the top gainers, at about $658 million.
Radium [RAY]
The second largest increase was in Raydium [RAY]. According to our analysis, the price at the beginning of the week was around $2.2. However, by the end of the week, prices had increased by nearly 3%.
Price trends have pushed it up over 44% over the past week, according to CoinMarketCap data.
RAY also had the second largest market capitalization among the gainers, at over $843 million. Additionally, the price has risen to around $3.2 as of this writing, and the market capitalization has increased by more than 8%.
As of this writing, only volume is down more than 1%. It exceeded $110 million.
cat in dog world [MEW]
Cats in a Dogs World and Popcat were vying for the third winner, but MEW came out on top. MEW has gained more than 17% over the past week, according to the data. Popcat could only manage more than 15%. This also marks the second week as a top gainer.
Analyzing the chart, the start of the week was weak, with the price around $0.008. The big uptrend occurred over the weekend, with the price spiking to around $0.011.
It was trading around $0.010 at the end of the week. As of this writing, its market capitalization is approximately $887 million and volume is approximately $167 million. However, trading volume has fallen by more than 40% in the past 24 hours.
Top 500 price gainers
Of the top 500 assets, virtual protocols [VIRTUAL]Mu Deng [MOODENG]and Nosana [NOS] They were the biggest winners. According to the graph, VIRTUAL showed an increase of over 203% and MOODENG showed an increase of almost 153%. The third biggest gainer, NOS, rose nearly 129%.
the biggest loser
immutable [IMX]
On the loser side, Immutable X is in first place, down more than 19.5% over the past week. Its price movement was around $1.6 at the beginning of the week, but showed a significant downward trend. By the end of the week, the price was around $1.3.
As of the writing of this article, the decline continues and is also affecting market capitalization. At the time of this writing, the company's market capitalization was around $2.2 billion, but it has fallen more than 1% in the past 24 hours. Its volume also fell by almost 50% in the past 24 hours to almost $23 million.
ape coin [APE]
ApeCoin was one of the biggest winners last week, but failed to maintain its momentum. The company fell more than 17%, the second-largest decline in the past week, according to data from CoinMarketCap.
According to our analysis, APE started the week on a strong note, surging 71.15% and increasing its price to almost $1.5. The following day, it showed further promise after rising 5% and taking the price above $1.5.
but. It then saw a significant decline, and by the end of the week it was trading around $1.
Source: TradingView
For now, the only positive trends are above the 200-day moving average (blue line) and above the Relative Strength Index (RSI) neutral line. For the first time since April, prices rose above the blue line. However, if the decline continues, there is a possibility that it will drop below again.
Its trading volume has fallen by almost 70% in the past 24 hours to about $155 million.
Arweave [AR]
Arweave finished off the biggest loser in 3rd place. An analysis of the price shows that it started this week at almost $19, but fell to about $16 by the end of the week. According to data from CoinMarketCap, AR has declined by more than 16% over the past week.
As of this writing, its volume was around $35 million, down more than 45%. Also, the market capitalization fell more than 3% to about $1 billion.
top 500 losers
Scroll (SCR) topped the Top 500 Losers chart with a drop of over 39%. Deep Book Protocol (DEEP) was the second biggest decliner, dropping almost 34%. Casper (CSPR) also fell nearly 34%.
conclusion
Here's a weekly summary of the biggest gainers and losers. It is important to keep in mind the volatile nature of the market, where prices can change rapidly.
Therefore, it is best to do your own research (DYOR) before making any investment decisions.
