Crypto market’s weekly winners and losers – NOT, MANTRA, FTM, PENDLE
The post Crypto market’s weekly winners and losers – NOT, MANTRA, FTM, PENDLE appeared on BitcoinEthereumNews.com.
MANTRA, MultiversX, and Notcoin were the biggest winners last week. ORDI, Pendle, and Fantom ended the past week as the biggest losers. Mantra has dominated the gainers chart over the past week, leading the market with solid performance. In contrast, Pendle has struggled, remaining on the losers chart for a second consecutive week. Biggest winners Mantra (OM) In a week characterized by general declines in the cryptocurrency market, MANTRA (OM) stood out with a notable gain. According to CoinMarketCap, OM surged by 25.05% over the past week, securing its position as the top gainer. The price movement analysis revealed that OM started the week around $0.7 and gained momentum as the week progressed. Despite experiencing some dips that momentarily drove its price below the week’s starting point, it closed the week trading above $0.8. As the new week began, OM continued its upward trajectory, trading around $0.9. Its market capitalization has also increased significantly, currently over $765 million, marking an 8% rise in the last 24 hours. However, its trading volume has decreased by over 20%, now at approximately 32.3 million. MultiversX (EGLD) MultiversX (EGLD) finished the week as the second-largest gainer in the market, with data from CoinMarketCap indicating a 20.66% increase by the week’s end. The analysis of its price trend revealed that EGLD started the week trading at approximately $28.8 and closed near $35 despite experiencing some fluctuations. Overall, the asset displayed more uptrends than declines throughout the week. EGLD’s price movements were characterized by sharp spikes, a notable feature of its weekly trading pattern. As of this writing, it was trading at around $34.1. The market capitalization of EGLD has risen to over $927 million, with a 2% increase in the last 24 hours. However, it’s important to note a significant reduction in trading volume, which…
Filed under: News - @ July 8, 2024 1:06 am