Crypto market’s weekly winners and losers – AAVE, RUNE, WIF, BRETT
The post Crypto market’s weekly winners and losers – AAVE, RUNE, WIF, BRETT appeared on BitcoinEthereumNews.com.
Helium, Aave and THORChain were the biggest winners of the past week. Dogwifhat, Brett, and Mantra had the biggest losses of the past week. Helium [HNT] has once again secured a spot among the top two winners for the second time this month, showcasing its strong performance. In contrast, dogwifhat [WIF] ended the week as the biggest loser, highlighting the volatility in the market. Interestingly, no memecoins appeared among the top gainers over the past week, marking a notable shift in market dynamics. Biggest winners Helium [HNT] HNT emerged as the biggest winner in the past week, following its second-place finish the week before. According to data from CoinMarketCap, HNT saw an impressive 19.5% increase over the past week, marking a strong performance. AMBCrypto’s analysis of Helium’s daily time frame trend showed that the week began with a significant 8% decline, bringing its price down from around $6.6 to $6.0. However, Helium rebounded the following day with a substantial 14% increase, pushing its price to approximately $6.9. Although the token experienced some fluctuations throughout the week, it ended on a high note with another 14% increase, closing the week at around $7.6. Source: TradingView Further analysis noted that HNT was in a strong bull trend at ress time, with its Relative Strength Index (RSI) at around 70. The trend also suggested that the asset was in the overbought territory. This strong buying momentum has pushed Helium’s market capitalization to over $1.2 billion, with a trading volume exceeding $24.5 million as of this writing. Aave[AAVE] Aave [AAVE], among the losers the week before last, has made a significant comeback, ending this past week as the second-biggest winner. According to data from CoinMarketCap, AAVE gained nearly 18% over the past week. AMBCrypto’s look at AAVE’s price trend revealed that it began the…
Filed under: News - @ August 18, 2024 7:12 pm