- Bittensor, Fantom and SUI are the biggest winners of the past week.
- KuCoin Token, Kaspa and Internet Computer topped the losers list last week.
Bitcoin showed an interesting trend last week, but Bittensor (TAO) emerged as the biggest winner. While the top crypto winners posted double-digit gains, the top losers, led by KuCoin, suffered single-digit losses.
Biggest winners of the week
Bit tensor [TAO]
Bit tensor [TAO] had a volatile start to the week, starting with consecutive declines of over 7% and 4%, dropping the price to around $288.3.
However, TAO recovered with consecutive uptrends, closing the week trading around $470 and posting a weekly gain of more than 15%.
Source: TradingView
According to CoinMarketCapTAO was the biggest winner of the week, up 40.5%. The market capitalization was over $3.4 billion, with a trading volume of over $188 million, an increase of more than 30% in the last 24 hours.
The Relative Strength Index (RSI) remains overbought, indicating continued bullish momentum.
Phantom [FTM]
Phantom [FTM] also had an eventful week, starting at around $0.48 and rising to around $0.67 by the end of the week.
According to CoinMarketCap, FTM was the second biggest gainer, up almost 37%. The market capitalization is over $1.8 billion, although volume is down over 8%, currently around $197 million.
Sui [SUI]
Sui [SUI] ranked as the third biggest gainer, up almost 34% in the past week. SUI started the week around $1 and rose to around $1.4.
The market capitalization is around $3.8 billion, although it is down slightly by more than 2%. Trading volume has dropped significantly by more than 50%, to $395 million at the time of writing.
Biggest losers of the week
KuCoin token [KCS]
KuCoin token [KCS] led the list of losers with a drop of almost 7%, making it the biggest loser of the week CoinMarketCap.
KCS started the week trading around $8.2 and steadily declined to around $7.4 by the end of the week. The market capitalization is over $896 million, up slightly over 1%, and the trading volume is around $771,626, up over 8%.
Kaspa [KAS]
Kaspa [KAS] was the second biggest loser, falling from $0.177 to around $0.170 by the end of the week, losing over 5.6% of its value.
The market capitalization is around $4.1 billion, down 1%, while trading volume is down over 40%, currently around $24.2 million.
Internet computer [ICP]
Internet computer [ICP] saw three consecutive days of declines at the start of the week, with the price dropping to around $7.9. Despite some positive days, ICP ended the week trading at around $8.5, which represents an overall decline of more than 5%.
Source: TradingView
Nevertheless, the trend of ICP remains slightly bullish, with the RSI still above the neutral line. Its market cap is about $3.9 billion, down 1%, and trading volume is down over 30% to about $58.8 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.
