This week in the crypto market, we witnessed substantial shifts as some coins skyrocketed in value while others experienced significant declines. With dynamic fluctuations, the market continued to keep investors on their toes. Let’s explore the top gainers and losers of the week, based on the latest data.
Though the cryptocurrency market experienced its usual ups and downs, a few crypto assets posted notable gains this week, with the top five gainers seeing increases ranging from 0.39% to 2.51%. Leading the pack was UNUS SED LEO (LEO), which rose by 2.51%, followed by Helium (HNT), climbing 2.44%. TRON (TRX) made a modest gain of 0.75%, while Sui (SUI) increased by 0.57%. Rounding out the top five, Tether Gold (XAUt) added 0.39% in gains. Meanwhile, several cryptocurrencies faced declines, with Nervos Network (CKB) leading the losers, followed by BitTensor (TAO) and Injective (INJ), all seeing significant drops in value.
Top Gainers
1. UNUS SED LEO (LEO):
Leading the gainers, UNUS SED LEO saw a 2.51% increase, pushing its price to $5.85. This growth was supported by a 24-hour trading volume of $1,920,242, indicating continued interest in the token.
2. Helium (HNT):
Helium followed closely with a 2.44% rise, bringing its value to $7.39. The project recorded a 24-hour trading volume of $14,465,077, reflecting solid market activity.
3. TRON (TRX):
TRON experienced a modest 0.75% gain, raising its price to $0.1487. Its 24-hour trading volume reached an impressive $247,491,259, marking significant trading interest.
4. Sui (SUI):
Sui posted a 0.57% increase in value, bringing its price to $1.07. With a substantial 24-hour trading volume of $474,836,752, the token continues to draw attention from investors.
5. Tether Gold (XAUt):
Tether Gold wrapped up the top gainers list with a 0.39% rise, bringing its price to $2,587.70. The asset recorded a trading volume of $3,288,493 over the last 24 hours, indicating steady demand.
Top Losers
1. Nervos Network (CKB):
Nervos Network led the losers with an 8.31% decline, dropping its price to $0.01556. The token’s 24-hour trading volume was $630,611,466, reflecting a sharp drop in interest.
2. BitTensor (TAO):
BitTensor experienced a 7.77% decrease, bringing its price down to $300.22. The 24-hour trading volume stood at $76,377,354, indicating a significant decline in market activity.
3. Injective (INJ):
Injective followed with a 7.76% fall, reducing its price to $18.44. The asset saw a 24-hour trading volume of $85,843,612, highlighting decreased market demand.
4. Popcat (SOL):
Popcat recorded a 7.72% decline, bringing its price to $0.687. The project had a trading volume of $82,239,713, signaling weakening investor confidence.
5. Brett (Based) (BRETT):
Brett (Based) saw a 7.57% drop, lowering its price to $0.07566. The token's 24-hour trading volume reached $14,688,914, showing reduced trading interest.
Conclusion
This week's market performance reflects the inherent volatility of cryptocurrencies, where even small percentage changes can signal significant shifts in market sentiment. Keep an eye on these movers as market trends continue to evolve.
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