- ORDI, Stacks and Kaspa were the biggest winners of the week.
- Beam, Celestia, and Lido DAO topped the week’s losers list.
Like ORDI [ORDI]Stacks [STX]and Kaspa [KAS] were the top winners of the week, while Beam [BEAM]Celestia [TIA]and Lido DAO [LDO] was at the top of the downside of the chart.
Biggest winners
ORDI [ORDI]
A daily analysis of ORDI’s price development revealed interesting positive trends.
Although ORDI’s positive run started on the second day of the week, the company has been on a consistent upward trend since the initial price increase.
The week started with a decline of 4.56%, taking ORDI’s stock price down from around $47.50 to around $45.00. However, this setback was quickly overcome as it actively began its steady climb.
The chart revealed two significant price movements fueling ORDI’s uptrend. On June 3, ORDI rose more than 6%, bringing the price back to $47.
The next day, it saw an impressive 17% increase, pushing the price above $55.
By the end of the week, ORDI was trading at almost $59.
Source: TradingView
According to data from CoinMarketCapORDI was the biggest winner of the week, with an impressive increase of more than 25%.
At the time of writing, ORDI was trading with an additional 4% increase, taking the price to over $61. The market capitalization had reached almost $1.3 billion.
However, trading volume was down about 30%, reaching about $314 million.
Stacks [STX]
According to CoinMarketCapSTX recorded the second highest gain of the week, with an impressive increase of more than 22.5% in the past seven days.
AMBCrypto’s analysis showed that Stacks started the week on a negative note, trading around $1.80. However, from June 3, the price gained momentum and showed a consistent upward trend.
The chart indicated that STX reached a high of around $2.48 at some point during the week. By the end of the week, the price was trading around $2.24.
At the time of writing, STX was up slightly to around $2.27.
Additionally, data indicated that Stacks had a market cap of approximately $3.3 billion at the time of writing, although it had fallen over the past 24 hours.
Trading volume also fell by more than 50% in the past 24 hours, reaching approximately $145 million.
Kaspa [KAS]
AMBCrypto’s analysis of KAS revealed that it started the week at around $0.14 and started its uptrend on the first day.
The chart showed that KAS continued to rise, reaching the $0.19 range at some point during the week. However, the price has since fallen and by the end of the week it was trading around $0.16.
Despite his decline, CoinMarketCaps data showed that Kaspa (KAS) was the third biggest gainer of the week, up more than 15%. At the time of writing, it was still trading around the $0.16 price range.
The data also showed that the market capitalization was around $3.8 billion, although it was down more than 5%.
Likewise, trading volume saw a significant drop of over 40% in the last 24 hours, reaching approximately $67 million.
Biggest losers
Ray [BEAM]
AMBCrypto’s look at BEAM’s price chart revealed a lack of positive trends. BEAM started the week at around $0.27 and saw consecutive declines throughout the week.
By the end of the week, the price had dropped to around $0.22. According to CoinMarketCapBEAM was the biggest loser of the week, down about 20.8%.
At the time of writing, BEAM was trading around $0.23 with a market cap of around $1.1 billion, which was down over 3%.
Trading volume was down by more than 40% to approximately $13.8 million.
Celestia [TIA]
Celestia was closer to the ground than to the stars. According to AMBCrypto’s analysis, TIA started the week on a positive note, trading around $11.46.
However, it experienced subsequent declines, falling to around $9.10 by the end of the week.
According to CoinMarketCap According to data, this drop has made TIA the second biggest loser of the week, losing more than 20% in value over the past seven days.
At the time of writing, TIA was still trading in the $9.10 price range. The market capitalization had fallen by more than 6% in the past 24 hours to about $1.7 billion.
Additionally, trading volume was down about 50% to about $75 million.
Lido DAO [LDO]
Lido DAO started the week around $2.30 according to the daily time frame. The chart indicated that it started with a decline of 3.56%, which continued throughout the week.
By June 7, the LDO had fallen to around $2.00, breaking the support line (yellow line). At the end of the week, the price was trading at around $1.90, after a decline of 4.8%, and was now trading below the support level.
The decline of the LDO also pushed the Relative Strength Index (RSI) to 40, indicating a strong bear trend. According to CoinMarketCap, LDO suffered the third biggest loss of the week, down more than 19%.
Source: TradingView
The market capitalization had fallen by more than 5% in the past 24 hours and stood at approximately $1.7 billion. Trading volume was down more than 20% at press time to about $143 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.
