- Flare, Pendle and Chainlink were the biggest winners of the week.
- Jupiter, Manta Network and SATS came in as the biggest losers of the week.
This week brought both successes and setbacks to the cryptocurrency market. Here is AMBCrypto’s list of the biggest winners and losers from January 28 to February 3.
Biggest winners
Glow
According to data from CoinMarketCapthe biggest winner of the week was Flare [FLR].
AMBCrypto’s analysis of FLR showed that the week started on January 29th, trading around $0.022, and ended on February 3rd at around $0.027.
This upward trajectory represented an impressive gain of almost 36% and marked the most significant gain of the week.
At the time of writing, FLR was trading around $0.028, reflecting a further increase of over 5%. Its market capitalization was approximately $928.5 million.
Shuttle
Shuttle [PENDLE] secured the position as the second biggest gainer of the week. It started the week trading around $2.57 and ended it at over $2.9.
This remarkable increase amounted to an impressive gain of almost 22%. AMBCrypto’s analysis of the latest data also showed a market cap of approximately $673.6 million.
However, PENDLE has started the new week on a decline, trading around $2.8 at the time of writing, reflecting a drop of over 3%.
Chain link
Chain link [LINK] showed remarkable performance throughout the week, starting at around $15 and ending at over $17. These weekly gains were approximately 21%, according to analysis.
At press time, LINK remained trading at around $17.7, reflecting an increase of less than 1%. Of the top gainers, Chainlink notably had the largest market capitalization.
At the time of writing, the market cap was approximately $10.4 billion.
Biggest losers
Jupiter
After the sky drop earlier this week, Jupiter [JUP] started trading at around $1.27. However, by the end of the week, the price had fallen to around $0.57, which represented a significant loss of more than 65%.
At the time of writing, Jupiter was trading at around $0.54, signaling the start of the new week with a loss of more than 5%. The market capitalization was estimated at approximately $740.6 million.
Manta Network
AMBCrypto’s analysis of Manta Network [MANTA] showed a promising start to the week as the stock traded around $3.7.
However, by the end of the week, the token experienced a decline of over 28%, reaching around $2.9.
This downward trend has continued at the time of writing, with MANTA trading at around $2.6 at the time of writing, reflecting a further decline of over 9%.
The market capitalization was approximately $671 million, with the decline in value also affecting the market capitalization.
SATS
Like other assets in this category, SATS [1000SATS] started the week on a positive note, trading around $0.00051.
The price saw further gains throughout the week, reaching around $0.00054 before beginning its decline on February 2. By the end of the week, the price had fallen to around $0.00043, indicating a decline of over 19%.
This downward trend continues at the time of writing, with an additional decline of more than 9%. Additionally, SATS’ market cap at the time of writing was approximately $858.8 million.
Conclusion
Here’s the weekly recap of the biggest winners and losers. It is crucial to take into account the volatile nature of the market, where prices can change quickly.
So it’s best to do your own research (DYOR) before making any investment decisions.