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Weekly Crypto Market Roundup: Top Gainers and Losers Revealed

source-logo  news.bitcoin.com 22 July 2024 18:34, UTC

On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively.

MEW and WIF Lead Gains This Week

The crypto economy is valued at $2.46 trillion, reflecting a 1.47% rise over the last day. Over the past week, more than two dozen crypto assets posted double-digit gains, with the meme token cat in a dogs world (MEW) leading with a 129.3% increase. Dogwifhat (WIF) climbed 56.7%, and helium (HNT) grew by 46.7% throughout the week.

Other notable seven-day gainers included CORE (33.5%), PEPE (28.2%), BONK (27.6%), AR (26.6%), WLD (26.1%), and FLOKI (24.6%). The top trading volumes of the week, excluding BTC, ETH, and stablecoins, were from SOL, BNB, XRP, DOGE, AVAX, PEPE, WIF, ADA, and SHIB. Among thousands of crypto assets, only 28 experienced losses during the past week.

Zebec protocol (ZBC) was the biggest loser, dropping 9.6% against the U.S. dollar. Aave (AAVE) fell 8.5%, and vechain (VET) decreased by 7.8% this week. GNO, UNI, TON, NOT, ALGO, ENS, and TRX declined by 2.9% to 6.8% over the seven-day period. KAS, FLR, HBAR, XTZ, LEO, and SHIB saw losses ranging from 1.4% to 2.5% this week.

The dramatic shifts in the crypto market this week underscore a period of significant volatility and trader sentiment swings. As the sector continues to experience strong growth among meme tokens and mixed performance across traditional crypto assets, the landscape remains dynamic.

What do you think about this week’s crypto gainers and losers? Share your thoughts and opinions about this subject in the comments section below.

news.bitcoin.com